Private Equity: Your Ears Will Bleed

Everyone knows who Frank Lloyd Wright is, but did you know there was a grisly massacre at his home in 1914? Find out all about it in this classic episode.See omnystudio.com/listener for privacy information. 

In the late 1800s, white supremacists in Wilmington, NC staged a coup and bloody massacre of its black citizens in order to stem the tide of black progress and stifle the vote. This is that story.See omnystudio.com/listener for privacy information. 

As you’ll hear at the start of this week’s podcast Warren Buffet isn’t a big fan of private equity firms. He says they lie, so they are not a good choice for investors, like pension funds, for example. But they are even worse for the companies being acquired by private equity fun ...  Show more

If you want to maximize the value of your home for decades, you might update the kitchen. But if your time frame is one week, then you might burn down the house. Brendan Ballou is a federal prosecutor and special counsel at the Department of Justice, where he led the antitrust d ...  Show more

Private equity earned a reputation as a ruthless and lucrative business. But over the past few years, large groups have been doing something that seems like the opposite of their cutthroat image: giving equity worth hundreds of thousands of dollars to the ordinary workers at t ...