The Buyout of America

The Buyout of America
Author :
Publisher : Penguin
Total Pages : 275
Release :
ISBN-10 : 9781101152386
ISBN-13 : 1101152389
Rating : 4/5 (389 Downloads)

Book Synopsis The Buyout of America by : Josh Kosman

Download or read book The Buyout of America written by Josh Kosman and published by Penguin. This book was released on 2009-11-12 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative exposé of the mysterious and potentially dangerous world of private equity Few people realize that the top private equity firms, such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts, have become the nation’s largest employers through the businesses they own. Using leveraged buyouts that load their acquired companies with loans, private equity firms have generated more than $1 trillion in new debt—which will come due just when these businesses are least likely to be able to pay it off. Journalist Josh Kosman explores private equity’s explosive growth and shows how its barons wring profits at the expense of the long-term health of their companies. He argues that excessive debt and mismanagement will likely trigger another economic meltdown within the next five years, wiping out up to two million jobs. He also explores the links between the private equity elite and Washington power players, who have helped them escape government scrutiny. The result is a timely book with an important warning for us all.


The Buyout of America Related Books

The Buyout of America
Language: en
Pages: 275
Authors: Josh Kosman
Categories: Business & Economics
Type: BOOK - Published: 2009-11-12 - Publisher: Penguin

GET EBOOK

An authoritative exposé of the mysterious and potentially dangerous world of private equity Few people realize that the top private equity firms, such as Black
The Buyout of America
Language: en
Pages: 0
Authors: Josh Kosman
Categories: Business & Economics
Type: BOOK - Published: 2010-11-30 - Publisher: National Geographic Books

GET EBOOK

An authoritative exposé of the mysterious and potentially dangerous world of private equity. Marquee private equity firms such as Blackstone Group, Carlyle Gro
The Complete Guide to a Successful Leveraged Buyout
Language: en
Pages: 392
Authors: Allen Michel
Categories: Business & Economics
Type: BOOK - Published: 1988 - Publisher: McGraw-Hill Professional Publishing

GET EBOOK

Friendly Takeover
Language: en
Pages: 404
Authors: James B. Lieber
Categories: Biography & Autobiography
Type: BOOK - Published: 1996 - Publisher: Penguin Paperbacks

GET EBOOK

Lieber spent five years studying Wierton Steel's turnaround from another near-Rust Belt casualty to an inspirational success story, talking to people at all lev
Merchants of Debt
Language: en
Pages: 370
Authors: George Anders
Categories: Business & Economics
Type: BOOK - Published: 2002 - Publisher: Beard Books

GET EBOOK

Originally published: New York, NY: BasicBooks, c1992.