Private Equity Firms Profit Off the Backs of Working Women and Families

If you’ve ever wondered whatever happened to iconic U.S. businesses like Sears and Friendly’s Ice Cream, Samsonite Luggage and Zales’ Jewelry, or even Toys-R-Us, you’ll find distressing answers in Brendan Ballou’s Plunder: Private Equity’s Plan to Pillage America and Gretchen Morgenson and Joshua Rosner’s These are the Plunderers: How Private Equity Runs—and Wrecks—America. Both books describe private equity firms’ largely secret and little understood 40-year-long hit-and-run scam.

If you’re worried about the deteriorating appearance of downtown areas, hospitals or the housing market, if you’ve noticed a growing shabbiness, or if you’ve notice the government’s indifference, these books will help explain not only what’s wrong, but what we ordinary people can and must do to stop the steal—the real steal.