Today Mel talks about the complex and often infuriating world of private equity—and she is not holding back. Fueled by Slayer and a fair dose of righteous anger, Mel unpacks how private equity firms have wormed their way into nearly every corner of the American economy, from the hospitals caring for our loved ones to the grocery stores stocking our shelves.
Mel breaks down how these firms use intricate layers of ownership to dodge transparency and regulation, explaining the disturbing "buy, strip, and flip" playbook that leaves communities gutted and workers out of luck. With real-world examples like Toys R Us and Payless Shoes—and staggering statistics, like private equity managing $12.1 trillion in global assets—she explores how the relentless pursuit of profit is fueling job cuts, bankruptcies, and rising inequality right in our own backyards.
Whether you've ever wondered why food deserts are expanding or why your local hospital just shut its doors, this episode will show you just how deeply private equity's tentacles reach into everyday life—and why it's time to get informed, get angry, and push for change. So crank up the metal and get ready: this is private equity, unfiltered.
Catch Mel O Live on the Stationhead app @momentofmetal Wednesday at 6 AM Pacific Time.
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