Episode 27: Private Equity and the Death of Toys R Us feat. Josh Kosman

For this special episode Josh Kosman, author of The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, joins us to offer an explanation of what private equity is and why so many of the billionaires we cover are involved in it. We also discuss the bankruptcy of Toys R Us, how much blame private equity deserves for the wipeout of 33,000 workers, and what we might expect to happen if private equity owned companies continue to go bankrupt. Buy Josh's book: https://www.amazon.com/Buyout-America-Destroying-American-Paperback/dp/B00ZY8KWV0