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The Buyout of America

The Buyout of America

How Private Equity is Destroying Jobs and Killing the American Economy

ISBN-13: 9781591843696

Contributor(s): Josh Kosman

Subjects: Economics

Publisher: PENGUIN RANDOM HOUSE GROUP

Publisher Imprint: Portfolio

Publication Date: 25-11-2010

Format: Paperback

Availability: In stock

£21.99

About the book

Few people realise that the top private equity firms such as Blackstone Group, Carlyle Group and Kohlberg Kravis Roberts have become America's largest employers through the businesses they own. Journalist Josh Kisman 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. The Buyout of America is a timely book with an important warning for all.