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re: Apparently private equity is buying up small hospitals in LA

Posted on 3/19/24 at 8:53 am to
Posted by Warfox
B.R. Native (now in MA)
Member since Apr 2017
3173 posts
Posted on 3/19/24 at 8:53 am to
quote:

the goal of PE is, over time, to make money. If that don’t make money they won’t keep getting those fees. I’m no PE fanatic by any stretch, but running a business to make money is a lot better way to do it than many of the alternatives.


Who said they shouldn’t be allowed to make money?

The problem with private equity is that it has turned into excessively greedy vulture capitalism.

Would you agree that is not okay?
This post was edited on 3/19/24 at 8:54 am
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