Predatory Capitalism, aka Private Equity
Gretchen Morgenson, co-author of "These Are The Plunderers", names names.
”It’s interesting now that David Rubenstein is retired [from the Carlyle Group], he’s a philanthropist. This is what these wealthy people do once they’ve finished their careers and made so much money. They become philanthropists… We’ve all read about David Rubenstein and Steve Schwarzman and Leon Black and Henry Kravis. We read about them constantly. They are always lauded for their brilliance and their billionaire status. What we just don’t hear about are the people on the other side of their transactions.”
—Gretchen Morgenson, co-author of “These Are The Plunderers.”