And there goes your local mall and all the stores you grew up with. Don't believe me? Just look at the numbers. Companies bought by private equity firms are 10 times more likely to go bankrupt than those that aren't. Or look at the profits of the companies before and after private equities takeover. Toys R Us wasn't failing. It was actually doing just fine. (01:07–01:15)
CLAIM
Asserts that private equity-owned companies have a significantly higher bankruptcy rate.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
