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
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.
The Man Who Sold America
Language: en
Pages: 445
Authors: Jeffrey L. Cruikshank
Categories: Biography & Autobiography
Type: BOOK - Published: 2010-08-12 - Publisher: Harvard Business Press

GET EBOOK

We live in an age of persuasion. Leaders and institutions of every kind--public and private, large and small--must compete in the marketplace of images and mess
The Deal from Hell
Language: en
Pages: 416
Authors: James O'Shea
Categories: Language Arts & Disciplines
Type: BOOK - Published: 2012-08-28 - Publisher: Hachette UK

GET EBOOK

In 2000, after the Tribune Company acquired Times Mirror Corporation, it comprised the most powerful collection of newspapers in the world. How then did Tribune