Regular people are being cut out of the economic growth. They are using outrage to distract us. The decline in the number of publicly traded companies in the U.S. since 1996, despite substantial economic growth and population increase, is attributed to the influence of the private-equity industry. This sector's practice involves acquiring publicly traded companies, thereby making them private and enabling greater control for the private-equity fund. While the goal is often to enhance profitability and sell the company at a substantial gain, the shift from public to private status raises concerns. Public companies are bound by legal obligations to disclose financial, operational, and legal details, while going private exempts them from these regulatory requirements. This is worth watching
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🏦The intertwining of rich people self-dealing with each other in the financial industry raises questions about the potential systemic risks and consequences for the rest of society.
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💡Transparency is the foundation for everything else, no matter what action you want to take.
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💰Private Equity Funds are using rollups to create Monopoly power and raise prices, impacting smaller family-owned companies.
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📈If a company is big enough to affect society, then the public and society should get to know what they're up to.
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💰The explosive growth in private concentration of wealth with private companies, including venture capital and private funds, is definitely happening.
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📈The lack of full disclosure from private Equity Funds raises concerns about transparency and fairness for all investors.
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📉The fight against transparency in the financial industry reveals the true intentions behind the lack of regulation.