Private equity’s experiment with worker owner...

Long before Silicon Valley, the grandson of a 15th Century German peasant named Jakob Fugger built a mining and banking empire that dwarfed today’s tech titans, accumulating a fortune estimated at $4 trillion in today’s terms. Richer than the Medici, Rockefeller or Elon Musk, he ...  Show more

Is money a tool of moral decay or a force for human liberation? Dante feared money would corrupt and damn us, placing bankers in the eighth circle of hell - just one above Lucifer. James Joyce saw it as a tool of freedom, and markets and trade as vital engines of connection and s ...  Show more

With interest rates high, private equity has had a harder time finding investors … and making money. To solve this problem, the industry has found novel ways to avoid closing their funds. But time may be running out. Today on the show, Katie Martin and Rob Armstrong talk to the F ...  Show more

For years, low interest rates let private equity deliver huge returns to investors. But now rates are up, and private equity is struggling. Many PE firms are turning to financial engineering to boost results. Today on the show, we wonder how that’s going to turn out. Also we g ...

Private equity is a business operation where companies are bought and run at their leanest to maximize returns for a handful of investors. It can be a lifeline for a flailing company or run it into the ground. Either way, PE firms make out like bandits.See omnystudio.com/listener ...  Show more

When employees are paid more, they give more. Going above market pay might sound like a fantasy, but in a growing number of companies it’s becoming a profitable reality. Peek inside workplaces that have reinvented their pay structures to give employees their worth and more—and ex ...  Show more