Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Kraft Heinz cut expenses too deeply under private equity management, its new CEO says [View all]Farmer-Rick
(12,581 posts)49. Yes, yes, yes
Well said. Originally, hospitals were considered public institutions. Funded by religious and secular charity, tax dollars and local bonds they provided healthcare for millions. And then came deregulation..........
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
50 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Kraft Heinz cut expenses too deeply under private equity management, its new CEO says [View all]
BumRushDaShow
Tuesday
OP
Yep, they buy the companies with loans under the companies names. Loans that pay the "Private Equity" owners. Then
LiberalArkie
Tuesday
#8
Wikipedia actually has some other examples that fell on the sword (or are in process of such) of PE firms
BumRushDaShow
Tuesday
#27
Well they are fucking up the housing market for both renters and would be owners.
LuvLoogie
Tuesday
#18
The term "buzz-word world" is so perfect to describe the madness in both private and the business world.
walkingman
Tuesday
#2
Does that mean they're going to rehire all the employees in Pittsburgh that got laid off?
FakeNoose
Tuesday
#6
Some quick googling showed the company started putting a lot of emphasis on AI a couple of
highplainsdem
Tuesday
#12