Finance

This is a podcast episode with a lengthy transcript, but it covers a part of the financial industry, private equity firms, that does a good job of appearing so boring as to hide its outsized influence in plain sight.

It's worth the read, but a TL;DR might be along the lines of, some private equity firms are taking advantage of their poorly regulated space to profit from running businesses into the ground and/or consolidating them & raising prices all while distancing themselves from taking any responsibility for the consequences of their actions.