Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead.

Another quote →

More quotes by Matt Taibbi

All Matt Taibbi quotes →

Attribution

Quote text and notes from Wikiquote: Matt Taibbi (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.