How private equity firms are widening the income gap in the U.S. (Terry Gross; Fresh Air podcast)

Financial journalist Gretchen Morgenson explains how private equity firms buy out companies, then lay off employees and cut costs in order to expand profits. Her new book is These are the Plunderers.

Interview: 

https://www.npr.org/2023/04/26/1172164997/how-private-equity-firms-are-widening-the-income-gap-in-the-u-s