After Reading These Are The Plunderers By Gretchen Morgenson: 10 Lessons I Learned About Greed and Power A Personal Reflection on How Private Equity Reshapes America
In 1989, a man named Jerome Kohlberg—one of the original architects of modern private equity—stood before a crowd at Harvard and delivered an unexpected warning. This was not the rallying cry of a triumphant financier, but something more akin to a confession.
Kohlberg, co-founder of the then-infamous KKR (Kohlberg Kravis Roberts & Co.), cautioned that the industry he helped birth was veering toward dangerous territory: leveraged deals built on debt, not strategy; firms hollowed out for short-term gain, not long-term strength; and an ethos of profit unmoored from principle. The crowd listened. Some nodded. Most moved on.
But what if that speech was not just a footnote in finance history? What if it was a flare in the dark—an early signal of a much larger shift in American capitalism?
That's the premise that began gnawing at me after reading These Are the Plunderers by Gretchen Morgenson. And like many of the stories in this book, it's the small moments that tell the bigger tale.
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Kohlberg, co-founder of the then-infamous KKR (Kohlberg Kravis Roberts & Co.), cautioned that the industry he helped birth was veering toward dangerous territory: leveraged deals built on debt, not strategy; firms hollowed out for short-term gain, not long-term strength; and an ethos of profit unmoored from principle. The crowd listened. Some nodded. Most moved on.
But what if that speech was not just a footnote in finance history? What if it was a flare in the dark—an early signal of a much larger shift in American capitalism?
That's the premise that began gnawing at me after reading These Are the Plunderers by Gretchen Morgenson. And like many of the stories in this book, it's the small moments that tell the bigger tale.
After Reading These Are The Plunderers By Gretchen Morgenson: 10 Lessons I Learned About Greed and Power A Personal Reflection on How Private Equity Reshapes America
In 1989, a man named Jerome Kohlberg—one of the original architects of modern private equity—stood before a crowd at Harvard and delivered an unexpected warning. This was not the rallying cry of a triumphant financier, but something more akin to a confession.
Kohlberg, co-founder of the then-infamous KKR (Kohlberg Kravis Roberts & Co.), cautioned that the industry he helped birth was veering toward dangerous territory: leveraged deals built on debt, not strategy; firms hollowed out for short-term gain, not long-term strength; and an ethos of profit unmoored from principle. The crowd listened. Some nodded. Most moved on.
But what if that speech was not just a footnote in finance history? What if it was a flare in the dark—an early signal of a much larger shift in American capitalism?
That's the premise that began gnawing at me after reading These Are the Plunderers by Gretchen Morgenson. And like many of the stories in this book, it's the small moments that tell the bigger tale.
Kohlberg, co-founder of the then-infamous KKR (Kohlberg Kravis Roberts & Co.), cautioned that the industry he helped birth was veering toward dangerous territory: leveraged deals built on debt, not strategy; firms hollowed out for short-term gain, not long-term strength; and an ethos of profit unmoored from principle. The crowd listened. Some nodded. Most moved on.
But what if that speech was not just a footnote in finance history? What if it was a flare in the dark—an early signal of a much larger shift in American capitalism?
That's the premise that began gnawing at me after reading These Are the Plunderers by Gretchen Morgenson. And like many of the stories in this book, it's the small moments that tell the bigger tale.
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After Reading These Are The Plunderers By Gretchen Morgenson: 10 Lessons I Learned About Greed and Power A Personal Reflection on How Private Equity Reshapes America
After Reading These Are The Plunderers By Gretchen Morgenson: 10 Lessons I Learned About Greed and Power A Personal Reflection on How Private Equity Reshapes America
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Product Details
| BN ID: | 2940184611525 |
|---|---|
| Publisher: | Digital Products Management |
| Publication date: | 07/09/2025 |
| Sold by: | Barnes & Noble |
| Format: | eBook |
| File size: | 212 KB |
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