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Tidbits – May 4, 2023 – Reader Comments: Young Voters; Writers Strike; Corporate Evil – Workers Deaths, Polluters, Private Equity, Crypto Currency, Debt Crisis, School Vouchers; SpaceX Explosion; Portside Cooking Controversy; Lots of Announcements

Portside
Reader Comments: Writers Strike; Young Voters; Corporate Evil - Workers Deaths, Polluters, Private Equity, Crypto Currency, Debt Crisis, School Vouchers; SpaceX Explosion; Portside Cooking Controversy; Lots of Announcements; Cartoons; more

Private Equity Is Gutting America — And Getting Away With It

Brendan Ballou The New York Times
It’s an incentive system that encourages risky, even reckless behavior but, insulated from liability, they face little consequence if those plans fail. This explains why private equity firms often have such sorry consequences for everyone except themselves.
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