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56: THESE ARE THE PLUNDERERS with authors Gretchen Morgenson and Josh Rosner

56: THESE ARE THE PLUNDERERS with authors Gretchen Morgenson and Josh Rosner

FromBooked Up with Jen Taub


56: THESE ARE THE PLUNDERERS with authors Gretchen Morgenson and Josh Rosner

FromBooked Up with Jen Taub

ratings:
Length:
71 minutes
Released:
Dec 17, 2023
Format:
Podcast episode

Description

Today we are doing Jen’s favorite thing: following the big dirty money. This time the focus is on the world of private equity. Those two words together sound ever so restrained and elite, even contained.  In reality though the world of private equity is rough and destructive and affects all of us from patients seeking health care to workers losing their jobs. There are more than $10 trillion in private equity assets under management. And many public pension funds as well as ordinary members of the public are invested. Not private at all.

Timing is everything. In early December, two U.S. senators launched a bipartisan investigation on the takeover of our nation’s healthcare by giant private equity firms. Today on Booked Up we  have the top experts on this topic,Joining Jen to discuss this topic are authors Gretchen Morgenson and Joshua Rosner. Their new bestseller These Are the Plunderers: How Private Equity Runs—and Wrecks—America is a must-read for anyone and everyone who wants to understand why and how the rich get richer and the rest of us are struggling to make ends meet.

You may recognize Gretchen and Josh from their first book, about the 2008 financial and related mortgage crisis. It was a great resource for me when I wrote about that dangerous period. Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. 

Gretchen is the senior financial reporter for the NBC News Investigative Unit. A former stockbroker, she won the Pulitzer Prize in 2002 for her “trenchant and incisive” reporting on Wall Street. Josh is managing director at independent research consultancy Graham Fisher and Co., advising regulators, policymakers, and institutional investors on banking and financial markets. 




Contact Booked Up:
You can email Jen & the Booked Up team at: BOOKEDUP@POLITICON.COM or by writing to: 

BOOKED UP 
P.O. BOX 147
NORTHAMPTON, MA 01061



Get More from Gretchen Morgenson
Twitter | Website | Author of THESE ARE THE PLUNDERERS

Get More from Josh Rosner
Twitter | Website | Author of THESE ARE THE PLUNDERERS

More from Jen Taub:
Twitter | Money & Gossip  Substack | Author of BIG DIRTY MONEY 
Released:
Dec 17, 2023
Format:
Podcast episode

Titles in the series (59)

Booked Up with Jen Taub features intimate interviews with nonfiction authors. Jen’s guests include writers of current bestsellers and beloved backlist books. Conversations cover love, money, politics, early dreams, writing habits, reading tastes, procrastination techniques, self-doubt, and news of the day. Creator and host, Jen Taub is a law professor, advocate, and author. Her nonfiction books include BIG DIRTY MONEY (Viking 2020) and OTHER PEOPLE’S HOUSES (Yale Press 2014). She focuses on “follow the money” matters— promoting transparency and opposing corruption. Jen’s favorite poem is Prufrock (and yes she knows that Eliot held abhorrent views. She contains multitudes and can separate the dancer from the dance.) Taub was the Bruce W. Nichols Visiting Professor of Law in fall 2019 at Harvard Law School and is now a professor of law at the Western New England University School of Law. A former associate general counsel at Fidelity Investments, she is a graduate of Yale College and Harvard Law School.