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War of the Whales
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The Populist Vision

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Tag: Leveraged Buyout


badjonni (CC BY-SA 2.0)

The Leveraged Buyout of America

Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines of the economy. How did they pull this off, and where did they get the money?

Posted on Aug 26, 2013 READ MORE


Larry the Loophole

Greed 101 With Larry the Loophole

Gee, it sure is hard sometimes to figure out exactly how the rich get richer in American society! Good thing there’s Larry the Loophole, who hails from a politician dad and a lobbyist mom, to show us how buyout industry executives like Henry Kravis make gajillions of dollars (well, not gajillions, but so far this year Kravis has made over $33,205,800, with ol’ Larry’s help. As funny as it is scary, this animated short from Brave New Films breaks it all down.

Posted on May 6, 2008 READ MORE


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