Megan Greenwell’s upcoming book, "Bad Company: Private Equity and the Death of the American Dream," reveals the damaging impact of private equity on American workers and businesses. After leaving her position at Deadspin due to misguided management decisions post-acquisition, Greenwell explores how private equity firms prioritize profits over people. Through personal narratives of individuals like Liz from Toys R Us and Roger, a rural doctor, she highlights the stories of those affected by these decisions. Despite the grim reality, Greenwell maintains a sense of hope as more individuals begin to resist such corporate practices.
After three months of watching her new bosses make what seemed to her to be boneheaded decisions, she quit.
Private equity industry has reshaped the American economy to serve its own interests, creating a new class of billionaires while stripping ordinary people of their livelihoods.
Greenwell's book tells the story through four remarkable people whose lives were upended after private equity acquisitions.
Despite Greenwell's immersion in this predatory world, she remains surprisingly optimistic, noting that more individuals are starting to fight back.
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