The Buyout of America: How Private Equity is Destroying Jobs and Killing the American Economy

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Josh Kosman

The Buyout of America

Name: The Buyout of America
Price: 60 AUD
Availability: OutOfStock
ISBN: 9781591843696

How Private Equity is Destroying Jobs and Killing the American Economy

Josh Kosman

$60

Paperback

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English

Portfolio
30 November 2010

Economics

Summary
Details

An authoritative expose of the mysterious and potentially dangerous world of private equity.

Marquee private equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. 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.

An authoritative expose of the mysterious and potentially dangerous world of private equity.

Marquee private equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. 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.

By: Josh Kosman
Imprint: Portfolio
Country of Publication: United States
Dimensions: Height: 216mm, Width: 140mm, Spine: 20mm
Weight: 269g
ISBN: 9781591843696
ISBN 10: 1591843693
Pages: 288
Publication Date: 30 November 2010
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Inactive