Post

For real, what would be the downside to outlawing the private equity industry?

This is private equity, this is what it does. Buy up businesses, run them into the ground, and rip them apart for short-term profit. www.pcgamer.com/gaming-indus...

pcgamer.comRIP BioWare: EA has shut down the legendary RPG developerBloomberg also reports that EA is cutting "around 400 jobs" across the company.

22/10/26, 1:10 am62 reposts346 likes

Scary!! 👻🎃

@kobayashimaruu.bsky.social

if all private equity evaporated right now, life would instantly improve in general by at LEAST 50%

rule4080.bsky.social

@rule4080.bsky.social

Nothing. It's negative money.

Spookzcribe

@katzcribe.bsky.social

Rich people would be less rich, so hundreds of thousands will die before that is allowed to happen.

insomniac

@phillyinsomniac.bsky.social

I also feel like "leveraged buyouts" in general need to be illegal how is buying a company with debt to the company that's being bought not a crime already. how is that a way for purchasing to work

Chris "Cadaver" Glass

@thechrisglass.bsky.social

Yeah. That right there is the part that has proven to be the downfall of every company that's been acquired.

Benjamin راغب

@benzado.com

For real, it’s tricky to write a definition of private equity that includes the ghouls but doesn’t include your uncle investing in your restaurant. You’d have to outlaw specific tricks they use, and then commit to revising the law each time they invent a new one. Absolutely needs to be done, though.