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appalachiablue

(42,629 posts)
Sat Sep 21, 2024, 02:39 PM Sep 21

How Private Equity Is Ruining Everything - How PE Works


- Private Equity investment strategy. (14 mins, Sept 15, 2024).
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Private Equity is investing in and buying up businesses and properties in many sectors including retail stores, businesses and real estate - apartment buildings and single family homes, mobile home parks, toll roads, hospitals, nursing homes, physician practices and medical imaging clinics. News reports outline cost cutting measures such as reducing staff, lowering wages and benefits, and cutting maintenance which results in lower quality service and care, and dissatisfaction among
employees, customers, patients and more.
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Wiki. - Private Equity (PE) is capital stock in a private company that does not offer stock to the general public. In finance, private equity is offered instead to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage, "private equity" can refer to these investment firms rather than the companies that they invest in...
https://en.wikipedia.org/wiki/Private_equity
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How Private Equity Is Ruining Everything - How PE Works (Original Post) appalachiablue Sep 21 OP
The two biggest employers in my Idaho town have pending sales and in at least one a private equity firm brewens Sep 21 #1
I hear you and the employees that are uniformed or blind will learn the hard way, appalachiablue Sep 21 #4
Private Equity... GiqueCee Sep 21 #2
Good one, sorry to say. This untamed giant is taking over the US. appalachiablue Sep 21 #3
Really took off during the Reagan Administration IbogaProject Sep 21 #6
k&r alwaysinasnit Sep 21 #5
 

brewens

(15,359 posts)
1. The two biggest employers in my Idaho town have pending sales and in at least one a private equity firm
Sat Sep 21, 2024, 02:45 PM
Sep 21

is involved and possibly both.

I might have a little bit of trouble working up much sympathy for a majority of the employees at those places that vote republican if they get screwed. Most of them voted for Romney I guarantee you. A tissue mill and a ammunition manufacturer.

appalachiablue

(42,629 posts)
4. I hear you and the employees that are uniformed or blind will learn the hard way,
Sat Sep 21, 2024, 03:06 PM
Sep 21

unfortunately. PE is an untamed giant growing all over the country, in many sectors. Thanks for posting.

GiqueCee

(1,228 posts)
2. Private Equity...
Sat Sep 21, 2024, 02:55 PM
Sep 21

... "borrowed" its business model from the Mafia. And they're just as ruthless; they just use lawyers instead of leg-breakers.

IbogaProject

(3,417 posts)
6. Really took off during the Reagan Administration
Sat Sep 21, 2024, 03:43 PM
Sep 21

Reagan and Congress added a strong tax break for Carry Forward earnings, which don't get taxed until withdrawn from the fund. So you or I have to pay capital gains on every sale of an asset, they get to roll over a percent of their gains and over time that pool gets so large, the manager may close the regular investors out. They low tax part of our economy is up to almost 25%, and is one of several reasons that our individual tax burdens are getting so unbearable.

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