I’d like to read more about this, has it been documented or analyzed in any organized way via books/research, etc. that is available?
https://www.npr.org/2023/04/26/1172179099/how-private-equity...
https://www.marketplace.org/2023/04/27/how-private-equity-cr...
https://www.youtube.com/watch?v=z5PLEZiSZV
https://www.youtube.com/watch?v=r3_41Whvr1I
https://www.youtube.com/watch?v=o10nh86q64Q
https://www.youtube.com/watch?v=n7VmIy0VXOY
Buy a company with debt (leveraged buy out). Hand that cash back to the "private equity investors". Let the company go bankrupt and the debt magically dissapears.
Basically legalized theft at enormous scale