Public Money, Private Profit (Private Equity Pt. 2)
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Public Money, Private Profit (Private Equity Pt. 2)
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We conclude our deep dive into private equity by unpacking how the industry monetizes both financial hardship and financial discipline, and how it extracts profit from taxpayer-funded programs by keeping open a revolving door between government and private equity. In Falcon Mode, we chat about a crop-identifying app for curious minds on road trips.
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Links:
Plunder by Brendan Ballou
Bad Company by Megan Greenwell
More Perfect Union’s reporting on 401k’s stake in private equity
Fun follow-up to this Falcon Mode: after recording, Ariel found out that posting signs naming the crop in interstate-adjacent fields is a common practice in Washington state!
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