Busboys and Poets
2021 14th Street NW Washington, District of Columbia, 20009
Oct 23, 2014
6:30 PM - 8:00 PM (GMT-5)
Join moderator William Greider, National Affairs Correspondent for The Nation, for a cutting edge talk and book signing with CEPR's Eileen Appelbaum and Cornell's Rosemary Batt. In Private Equity at Work, a groundbreaking analysis of a hotly contested business model, Eileen and Rose provide an unprecedented analysis of the little-understood inner workings of private equity (PE) and of the effects of leveraged buyouts on American companies and workers.
Since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by PE firms. As their role in the economy has increased, PE firms have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, busts unions, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers.
This event is co-hosted by IPS’ Inequality & The Common Good, the Center for Economic and Policy Research, the Campaign for America's Future, Americans for Financial Reform, Teaching for Change Bookstore, and Busboys and Poets.
Facebook page for this event is located here.