What I have seen from almost every private equity investment is that private equity attempts to harm consumers and employees and other stakeholders to get a good return.
Private equity does things like buy Toys R Us and leverage it to the hilt, then sell it and watch as it collapses.
Private equity buys up every company in an industry niche, then engages in anti-competitive behaviors like tripling prices and cutting employee pay.
Private equity bought out hospital air ambulances operated at a break even level and increased prices to $632,000 for flights on a $500,000 aircraft. Every flight bankrupts a person who can’t say no and is at their most vulnerable.
Private equity must be regulated. Leverage should be capped at no more than 50%. Private equity should only be able to buy at most 1/5th of any industry niche. The capital gains special lower tax rate should be removed and taxed as regular income.