Private equity firms are increasingly gobbling up the companies that fix planes for commercial airlines, preying on an industry with already weakened oversight and further stoking the fears of aviation safety advocates.
These firms are a literal cancer on this world, they add no value, they come in, buy companies, bleed them dry for quick huge short term profit, and then leave the husk to die, which it inevitably always does. The literal only beneficiaries are a small group of very wealthy people.
Like cancer, if you see “private equity firm”, it always means the inevitable death of the patient, be it in 5 or 10 years
Seriously, can we ban private equity firms already?
So here is a question:
Why are private equity firms legal?
These firms are a literal cancer on this world, they add no value, they come in, buy companies, bleed them dry for quick huge short term profit, and then leave the husk to die, which it inevitably always does. The literal only beneficiaries are a small group of very wealthy people.
Like cancer, if you see “private equity firm”, it always means the inevitable death of the patient, be it in 5 or 10 years
Seriously, can we ban private equity firms already?