Private Equity and the 47 Percent

Dr Eileen Appelbaum, Truthout: “Now, Romney – at the home of the co-founder of a private equity firm that has the distinction of being the firm that took the most portfolio companies into bankruptcy in 2011 – had the gall to cast aspersions on, among others, workers whose retirement savings in private pension plans were wiped out, forcing them to depend on the government for their retirement income. These workers are simply collateral damage to owners who burden companies with unsustainable debt.”

Private Equity and the 47 Percent.

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