Private Equity: Everything You Need To Know

what is it? what impact is it having on our lives? enRICHed Member's Lounge #27

Have you wondered why everyone seems broke lately? No, not the long-distance relative texting you for money, but big companies that seem to be literally going broke: Forever 21, Walgreens, Joann Fabrics, Party City. Everyone seems to be filing for bankruptcy and closing down their stores. How is it that people at the top of these well-known brands don’t even seem to have money? Who’s actually got the money, then? What’s going on?