9781668626511
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Plunder audiobook

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Plunder Audiobook Summary

The authoritative exposé of private equity: what it is, how it kills businesses and jobs, how the government helps, and how we stop it

Private equity surrounds us. Firms like Blackstone, Carlyle, and KKR are among the largest employers in America and hold assets that rival those of small countries. Yet few understand what these firms are or how they work.

In Plunder, Brendan Ballou explains how private equity has reshaped American business by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. Ballou vividly illustrates how many private equity firms buy up retailers, medical practices, prison services, nursing-home chains, and mobile-home parks, among other businesses, using little of their own money to do it and avoiding debt and liability for their actions. Forced to take on huge debts and pay extractive fees, companies purchased by private equity firms are often left bankrupt, or shells of their former selves, with consequences to communities that long depended on them.

Perhaps most startling is Ballou’s insight into how this is happening with the active support of various arms of the government. But, as Ballou reveals in an agenda for reigning in the industry, private equity can be stopped from wreaking further havoc.
 

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Plunder Audiobook Narrator

Kevin Kenerly is the narrator of Plunder audiobook that was written by Brendan Ballou

About the Author(s) of Plunder

Brendan Ballou is the author of Plunder

More From the Same

Subjects

The publisher of the Plunder is Hachette Audio. includes the following subjects: inequality, wall street, corruption, bankruptcy, billionaire, arbitration, blackstone, housing, doj, fed, federal reserve, dol, sec, ftc, kkr, Political Science, Political Economy, Business & Economics, Industries, Financial Services, Business & Economics, Finance, Business & Economics, Government & Business The BISAC Subject Code is Political Economy, Political Science

Additional info

The publisher of the Plunder is Hachette Audio. The imprint is PublicAffairs. It is supplied by Hachette Audio. The ISBN-13 is 9781668626511.

Global Availability

This book is only available in the United States.

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