How private equity kills companies and communities

How private equity kills companies and communities

Today, I’m talking with journalist Megan Greenwell about her new book Bad Company: Private Equity and the Death of the American Dream. It comes out June 10th. It's fantastic and maddening in equal measure. I highly recommend it. In this episode, we discussed the genesis of Megan’s interest in the subject and its genesis in media — including her time as editor-in-chief of the website Deadspin, which underwent a very public PE takeover of its parent company. We also talk a lot about the healthcare industry, another major pillar of Megan’s book. I'm excited to hear what you think of this one. Links: Bad Company | HarperCollins Private equity bought out your doctor and bankrupted Toys ‘R’ Us | Decoder Private equity Is gutting America — and getting away with it | NYT I was fired from Deadspin for refusing to ‘stick to sports’ | NYT Will private equity be the next ‘Big Short’? | Marketplace The profit-obsessed monster destroying American ERs | Vox Why your vet bill is so high | The Atlantic The investment firms leave behind a barren wasteland’ | Politico Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinde Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Recode Decode: Google CEO Sundar Pichai and YouTube CEO Susan Wojcicki (Live)

Recode Decode: Google CEO Sundar Pichai and YouTube CEO Susan Wojcicki (Live)

Recode's Kara Swisher and MSNBC's Ari Melber interview Google CEO Sundar Pichai and YouTube CEO Susan Wojcicki in this episode of 'Revolution,' which first aired on MSNBC in January. Make sure to tune in this Friday for a new episode of 'Revolution,' in which Swisher and Chris Hayes interview Apple CEO Tim Cook about education, privacy, DACA and more; that episode airs on MSNBC on Friday, April 6 at 5:00 p.m. PT, 8:00 p.m. ET. Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Huhti 201850min

Recode Decode: Former White House advisor Valerie Jarrett

Recode Decode: Former White House advisor Valerie Jarrett

Valerie Jarrett, a former senior advisor to President Obama, talks with Recode's Kara Swisher at South by Southwest 2018. Jarrett is now on the boards of two tech companies, but when she first got to the White House, she didn't know what Twitter was — an important reminder of how quickly tech is changing everything. Jarrett says Obama made the best decisions he could while in office based on what he knew about Russia's election meddling, and explains what the Democrats need to do to regain their footing in 2018 and 2020. She also discusses her recently announced book deal, which is based on a question her daughter had asked her: What advice would she give to a 30-year-old version of herself today? Learn more about your ad choices. Visit podcastchoices.com/adchoices

2 Huhti 20181h 9min

Recode Decode: Maria Shriver and Christina Schwarzenegger discuss 'Take Your Pills'

Recode Decode: Maria Shriver and Christina Schwarzenegger discuss 'Take Your Pills'

Maria Shriver, the former first lady of California, and her daughter Christina Schwarzenegger talk with Recode's Kara Swisher about "Take Your Pills," a new Netflix documentary they executive produced. Schwarzenegger says her experience at Georgetown University made her realize that no one had yet made a documentary about the prevalence of adderall among college students, as well as Wall Street traders and Silicon Valley engineers. The trio is also joined by NBC Television Medical Editor Corey Hébert, who talks about his contributions to the documentary and whether 23andMe can be a reliable indicator of ADHD. Learn more about your ad choices. Visit podcastchoices.com/adchoices

31 Maalis 201849min

Recode Decode: Flying cars are the future of military transportation

Recode Decode: Flying cars are the future of military transportation

Christopher Kirchhoff, a former partner at DIUx, the Pentagon’s Silicon Valley office, talks with Recode’s Kara Swisher about how the Defense Department is trying to be smarter about technology. Kirchhoff says the U.S. military can benefit greatly from innovations in drones, robotics, satellites and more, and DIUx was developed to let the Pentagon proactively find that technology and quickly buy it at scale quickly before it becomes obsolete. He talks in detail about how electric flying cars are being developed to replace military helicopters, and why it’s vitally important that people working in Silicon Valley help the government modernize all departments, including commerce and education. Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Maalis 201854min

Recode Decode: What men and women need to know about working together

Recode Decode: What men and women need to know about working together

Journalist and writer Joanne Lipman talks with Recode's Kara Swisher about her new book, "That's What She Said: What Men Need to Know (and Women Need to Tell Them) About Working Together." Lipman, previously the editor in chief of USA Today and deputy managing editor at the Wall Street Journal, spent three years researching discrimination, sexism and the failures of HR-led "diversity training" in the workplace. She argues that the push for greater equality must be owned by a company's top executives, rather than outsourced, and she shares several actions that people can take now to help their female colleagues succeed. Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Maalis 20181h 5min

Recode Decode: Therapist Esther Perel

Recode Decode: Therapist Esther Perel

Sex and relationship therapist Esther Perel, the host of the podcast "Where Should We Begin?", talks with Recode's Kara Swisher at South by Southwest 2018 in Austin, Texas. Perel's new book "The State of Affairs" sets out to change the popular conversation about sexual infidelity, but she says many partners are cheating on each other with their phones. She says dating apps, such as Tinder, wind up discouraging their users from pursuing committed relationships, and also explains the psychology of the sexual harassers and abusers who have been exposed by the #MeToo movement. Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Maalis 201856min

Recode Decode: Anthony 'The Mooch' Scaramucci

Recode Decode: Anthony 'The Mooch' Scaramucci

Former White House communications director Anthony Scaramucci talks with Recode's Kara Swisher about his infamous 11-day stint in the Trump administration, his recently announced book deal and why he thinks the president will win re-election in 2020. 'The Mooch' unloads on Reince Priebus, Steve Bannon and the culture of backstabbing in Washington and predicts that President Trump won't be hurt by Robert Mueller's investigation. Plus: Scaramucci says Trump has many supporters in Silicon Valley, but that "leftist fascism" has scared them into silence. Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Maalis 20181h 29min

Recode Decode: CNN’s Christiane Amanpour on sex, #MeToo and North Korea (Live from SXSW)

Recode Decode: CNN’s Christiane Amanpour on sex, #MeToo and North Korea (Live from SXSW)

CNN Chief International Correspondent Christiane Amanpour talks with Recode's Kara Swisher about her new series, "Sex and Love Around the World." Speaking in front of a live audience at South By Southwest 2018, Amanpour says the show convinced her that women won't be "totally satisfied," in all aspects of their lives, until men have shed obsolete attitudes about gender roles, power and sexuality. She also talks about the global implications of the #MeToo movement, the dangers of "false news" and why the unwillingness of YouTube and other platforms to call themselves media companies is "bullshit." Plus: Why she's concerned about the Trump administration's planned negotiations with North Korea's Kim Jong-un. Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Maalis 201859min

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