I believe it's private equity firms that are sucking up newspapers, firing journalists and other staff, making their quick profits, and then leaving the shell of the paper to rot. The "masters of the universe" need those profits so they can buy up more companies, strip them of their value, and take those profits to buy more companies and…
I believe it's private equity firms that are sucking up newspapers, firing journalists and other staff, making their quick profits, and then leaving the shell of the paper to rot. The "masters of the universe" need those profits so they can buy up more companies, strip them of their value, and take those profits to buy more companies and continue this cycle of greed. It'd be a pathetic pissing contest if it weren't for the death and destruction these people cause and leave in their wake.
I believe it's private equity firms that are sucking up newspapers, firing journalists and other staff, making their quick profits, and then leaving the shell of the paper to rot. The "masters of the universe" need those profits so they can buy up more companies, strip them of their value, and take those profits to buy more companies and continue this cycle of greed. It'd be a pathetic pissing contest if it weren't for the death and destruction these people cause and leave in their wake.