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Why Private Equity WANTS Jersey Mike’s to FAIL
Inside Blackstone's $8 Billion Takeover of Jersey Mike's
This week on 51-49, James dives into the hidden world of private equity, using Jersey Mike’s recent $8 billion acquisition by Blackstone as a lens to expose how Wall Street profits even when businesses fail. From leveraged buyouts to asset stripping, cost-cutting, and cashing out, we uncover the ruthless strategies private equity firms use to extract value at the expense of workers, communities, and America's economy — and what you can do to fight back.
0:00 Blackstone Buys Jersey Mike's for $8B
0:57 History of Private Equity
2:44 How Private Equity Destroyed Red Lobster
4:48 Private Equity's Dirty Playbook EXPOSED
9:22 Fighting Back Against Wall Street
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Faster Does It by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
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