The Buyout of America

The Buyout of America PDF Author: Josh Kosman
Publisher: Penguin
ISBN: 1101152389
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
An authoritative exposé of the mysterious and potentially dangerous world of private equity Few people realize that the top private equity firms, such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts, have become the nation’s largest employers through the businesses they own. Using leveraged buyouts that load their acquired companies with loans, private equity firms have generated more than $1 trillion in new debt—which will come due just when these businesses are least likely to be able to pay it off. Journalist Josh Kosman 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. He also explores the links between the private equity elite and Washington power players, who have helped them escape government scrutiny. The result is a timely book with an important warning for us all.

The Buyout of America

The Buyout of America PDF Author: Josh Kosman
Publisher: Penguin
ISBN: 1101152389
Category : Business & Economics
Languages : en
Pages : 275

Get Book Here

Book Description
An authoritative exposé of the mysterious and potentially dangerous world of private equity Few people realize that the top private equity firms, such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts, have become the nation’s largest employers through the businesses they own. Using leveraged buyouts that load their acquired companies with loans, private equity firms have generated more than $1 trillion in new debt—which will come due just when these businesses are least likely to be able to pay it off. Journalist Josh Kosman 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. He also explores the links between the private equity elite and Washington power players, who have helped them escape government scrutiny. The result is a timely book with an important warning for us all.

The Buyout of America

The Buyout of America PDF Author: Josh Kosman
Publisher: National Geographic Books
ISBN: 1591843693
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
An authoritative exposé of the mysterious and potentially dangerous world of private equity. Marquee private equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. Journalist Josh Kosman 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. He also explores the links between the private equity elite and Washington power players, who have helped them escape government scrutiny. The result is a timely book with an important warning for us all.

The Complete Guide to a Successful Leveraged Buyout

The Complete Guide to a Successful Leveraged Buyout PDF Author: Allen Michel
Publisher: McGraw-Hill Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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Book Description


Downtown, Inc.

Downtown, Inc. PDF Author: Bernard J. Frieden
Publisher: MIT Press
ISBN: 9780262560597
Category : Architecture
Languages : en
Pages : 444

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Book Description
Pioneering observers of the urban landscape Bernard Frieden and Lynne Sagalyn delve into the inner workings of the exciting new public entrepreneurship and public-private partnerships that have revitalized the downtowns of such cities as Boston, San Diego, Seattle, St. Paul, and Pasadena.

Friendly Takeover

Friendly Takeover PDF Author: James B. Lieber
Publisher: Penguin Paperbacks
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 404

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Book Description
Lieber spent five years studying Wierton Steel's turnaround from another near-Rust Belt casualty to an inspirational success story, talking to people at all levels--ordinary workers, local and national labor leaders--to show what it took to make the company work for employee and management alike. Photos.

Merchants of Debt

Merchants of Debt PDF Author: George Anders
Publisher: Beard Books
ISBN: 9781587981258
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
Originally published: New York, NY: BasicBooks, c1992.

The New Tycoons

The New Tycoons PDF Author: Jason Kelly
Publisher: John Wiley & Sons
ISBN: 1118205464
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
Inside the Trillion Dollar Industry That Owns Everything What do Dunkin' Donuts, J. Crew, Toys "R" Us, and Burger King have in common? They are all currently or just recently were owned, operated, and controlled by private equity firms. The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything takes the reader behind the scenes of these firms: their famous billionaire founders, the overlapping stories of their creation and evolution, and the outsized ambitions that led a group of clever bankers from small shops operating in a corner of Wall Street into powerhouse titans of capital. This is the story of the money and the men who handle it. Go inside the private worlds of founders Henry Kravis, Steve Schwarzman, David Bonderman, and more in The New Tycoons, and discover how these men have transformed the industry and built the some of the most powerful and most secretive houses of money in the world. With numerous private equity firms going public for the first time, learn how these firms operate, where their money comes from and where it goes, and how every day millions of customers, employees, and retirees play a role in that complex tangle of money Author Jason Kelly tells the story of how thirty some years ago a group of colleagues with $120,000 of their own savings founded what would become one of the largest private equity shops in the world, completing the biggest buyout the world has ever seen, and making them all billionaires in the process Presents a never-before-seen look inside a secretive and powerful world on the verge of complete transformation as the industry and its leaders gain public profiles, scrutiny, and political positions Analyzing the founders and the firms at a crucial moment, when they've elevated themselves beyond their already lofty ambitions into the world of public opinion and valuation, New Tycoons looks at one of the most important, yet least examined, trillion-dollar corners of the global economy and what it portends for these new tycoons.

Only One Thing Can Save Us

Only One Thing Can Save Us PDF Author: Thomas Geoghegan
Publisher: The New Press
ISBN: 1595588361
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Is labor's day over or is this the big moment? Acclaimed author Geoghegan asserts that only a new kind of labor movement can help the country switch course toward a future that is fair and prosperous for all Americans.

America: What Went Wrong?

America: What Went Wrong? PDF Author: Donald L. Barlett
Publisher: Andrews McMeel Publishing
ISBN: 9780836270013
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Articles and graphics describe economic conditions since the 1980s and their effect on the nation.

The Good, the Bad and the Ugly of Private Equity

The Good, the Bad and the Ugly of Private Equity PDF Author: Sebastien Canderle
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727666212
Category :
Languages : en
Pages : 356

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Book Description
Financial risk is a frequently observed and reported structural issue in leveraged buyouts. Other risks are equally prevalent but behavioural or institutional by nature. Factors like irrational decision-making, market manipulation and the lack of proper regulatory oversight are prominent indicators behind private equity's most troubling side effects. Drawing on a wide range of case histories and references like the buyouts of Bhs, Hilton, TIM Hellas, Toys "R" Us and Univision, The Good, the Bad and the Ugly of Private Equity investigates the industry's drivers of success and failure. The book aims to emphasize what differentiates good transactions and fund managers from the bad and truly ugly ones. Sebastien Canderle delivers a well-researched, engaging and illuminating account of the notoriously secretive money machine of private equity and volunteers pertinent prescriptions for change.