{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/65675c71c3ca8a0012804645/687e7dea498abee4167607fa?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"1855: The Quiet Billion-Dollar Machine Behind Job Loss, Higher Rents, and Vanishing Services","description":"<p>Ww’re pulling back the curtain on one of the most powerful — and least understood — forces shaping our economy: <strong>private equity</strong>.</p><p><br></p><p>My guest is <strong>Megan Greenwell</strong>, a veteran journalist and former editor-in-chief of <em>Deadspin</em>, whose new book, <a href=\"https://www.amazon.com/Bad-Company-American-Devastating-Communities/dp/0063299356\" rel=\"noopener noreferrer\" target=\"_blank\"><em>Bad Company: Private Equity and the Death of the American Dream</em></a>, is both a searing exposé and a deeply human investigation. Through vivid storytelling and meticulous reporting, Megan shows how private equity firms, often operating in the shadows — have quietly reshaped entire industries: health care, housing, local news, retail, daycare, even emergency services.</p><p><br></p><p>At the heart of <em>Bad Company</em> are four Americans — Liz, Roger, Natalia, and Loren — whose lives were upended by private equity–backed takeovers of the institutions they depended on. Their stories reveal how a business model designed to extract maximum profits for investors has left devastation in its wake for working families and entire communities.</p><p><br></p><p>This is a conversation about capitalism, inequality, and the hollowing out of the American Dream. But it’s also about resilience, and the people fighting back.</p>","author_name":"Farnoosh Torabi"}