How private equity kills companies and communities

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Cheers. Hello and welcome to Decoder. I'm Neil I Patel, editor in chief of The Verge, and Decoder is my show about big ideas and other problems. Today I'm talking with Megan Greenwell, a former Top editor of both Wired and Deadspin about her new book, Bad Company, Private Equity and the Death of the American Dream.

The book comes out on June 10th and it is a searing account of how private equity goes far beyond impacting failing businesses and deeply affects and transforms the lives of everyday Americans. Now, Decoder is very much a show about the systems and frameworks that explain tech policy and business. And that means we've talked about private equity a number of times on the show, because PE is everywhere across the business landscape, even though its massive influence on how so many companies operate is pretty hidden from view. But once you see it, you start to see it everywhere.

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