
These Are the Plunderers
How Private Equity Runs—and Wrecks—America
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Narrated by:
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John Bedford Lloyd
About this listen
A Wall Street Journal Bestseller
Pulitzer Prize–winning and New York Times bestselling financial journalist Gretchen Morgenson and financial policy analyst Joshua Rosner investigate the insidious world of private equity in this “masterpiece of investigative journalism” (Christopher Leonard, bestselling author of Kochland)—revealing how it puts our entire economy and us at risk.
Much has been written about the widening gulf between rich and poor and how our style of capitalism has failed to provide a living wage for so many Americans. But nothing has fully detailed the outsized role a small cohort of elite financiers has played in this inequality. Pulitzer Prize–winning journalist and bestselling author Gretchen Morgenson, with coauthor Joshua Rosner, unmask the small group of celebrated Wall Street financiers, and their government enablers, who use excessive debt and dubious practices to undermine our nation’s economy for their own enrichment: private equity.
These Are the Plunderers traces the thirty-year history of corporate takeovers in America and private equity’s increasing dominance. Morgenson and Rosner investigate some of the biggest names in private equity, exposing how they buy companies, load them with debt, and then bleed them of assets and profits. All while prosecutors and regulators stand idly by.
The authors show how companies absorbed by private equity have worse outcomes for everyone but the financiers: employees are more likely to lose their jobs or their benefits; companies are more likely to go bankrupt; patients are more likely to have higher healthcare costs; residents of nursing homes are more likely to die faster; towns struggle when private equity buys their main businesses, crippling the local economy; and school teachers, firefighters, medical technicians, and other public workers are more likely to have lower returns on their pensions because of the fees private equity extracts from their investments. In other words: we are all worse off because of private equity.
These Are the Plunderers is a “meticulous and devastating takedown of a powerful force in Western capitalism” (Brad Stone, bestselling author of Amazon Unbound) that exposes the greed and pillaging in private equity, revealing the many ways these billionaires have bled the economy, and, in turn, us.
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The 2nd 5 hours is awesome VC history
- By Jose on 04-10-22
By: Robert Finkel, and others
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When McKinsey Comes to Town
- The Hidden Influence of the World's Most Powerful Consulting Firm
- By: Walt Bogdanich, Michael Forsythe
- Narrated by: Ari Fliakos
- Length: 10 hrs and 6 mins
- Unabridged
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In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting hundreds of interviews, obtaining tens of thousands of revelatory documents, and following rule #1 of investigative reporting: Follow the money. When McKinsey Comes to Town is a a devastating portrait of a firm whose work has often made the world more unequal, more corrupt, and more dangerous.
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Shows systemic problems in McKinsey's culture
- By GA on 10-15-22
By: Walt Bogdanich, and others
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Bring the War Home
- The White Power Movement and Paramilitary America
- By: Kathleen Belew
- Narrated by: Jo Anna Perrin
- Length: 10 hrs and 35 mins
- Unabridged
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The white power movement in America wants a revolution. It has declared all-out war against the federal government and its agents, and has carried out - with military precision - an escalating campaign of terror against the American public. In Bring the War Home, Kathleen Belew gives us the first full history of the movement that consolidated in the 1970s and 1980s around a potent sense of betrayal in the Vietnam War and made tragic headlines in the 1995 bombing of the Oklahoma City federal building.
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The reader sounds like a robot
- By C. Fox on 05-12-19
By: Kathleen Belew
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Witness to a Prosecution
- The Myth of Michael Milken
- By: Richard Sandler
- Narrated by: Richard Sandler
- Length: 10 hrs and 40 mins
- Unabridged
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In 1986, the SEC and the U.S. Attorney for the Southern District of New York began an investigation into Michael Milken, Drexel Burnham Lambert, and its High Yield and Convertible Bond Department, a department Michael created and was head of. Michael was the most successful and innovative financier of his time. Drexel, an upstart investment bank was also the most successful securities firm on Wall Street, thanks to Michael.
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A must-read about government corruption
- By Anonymous User on 03-19-25
By: Richard Sandler
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You Will Own Nothing
- Your War with a New Financial World Order and How to Fight Back
- By: Carol Roth
- Narrated by: Chris Henry Coffey
- Length: 11 hrs
- Unabridged
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The New York Times bestselling author and entrepreneur investigates what would happen if a new financial world order took hold, one in which global elites own everything and you own nothing—and yet you are somehow happy. In You Will Own Nothing¸ Roth reveals how the agendas of Wall Street, world governments, international organizations, socialist activists, and multinational corporations like Blackrock all work together to reduce the power of the dollar and prevent millions of Americans from taking control of their wealth.
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Fantastic book!
- By David on 07-26-23
By: Carol Roth
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How Money Became Dangerous
- The Inside Story of Our Turbulent Relationship with Modern Finance
- By: Christopher Varelas, Dan Stone
- Narrated by: Roger Wayne
- Length: 14 hrs and 43 mins
- Unabridged
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From a veteran of the trade, a provocative and entertaining voyage into the turbulent heart of modern money that sheds new light on the rise of our threatening and complicated financial system, how money became our adversary, and why finding a new course is crucial to a healthy society.
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Many-sided, thoughtful, very listenable
- By Philo on 02-06-20
By: Christopher Varelas, and others
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The Dealmaker
- Lessons from a Life in Private Equity
- By: Guy Hands
- Narrated by: Simon Shepherd, Guy Hands - introduction
- Length: 10 hrs and 42 mins
- Unabridged
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The Dealmaker is a frank and honest account of how a severely dyslexic child who struggled at school went on to graduate from Oxford and become a serial entrepreneur. It describes Guy Hand's career in private equity, first at Nomura and then as head of his own company, Terra Firma. It looks in detail at the huge deals that Terra Firma has done over the years, involving everything from cinema chains and pubs to waste management, aircraft leasing and green energy.
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Very Interesting, rather self involved
- By Michael Bereslavsky on 03-06-24
By: Guy Hands
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Hitler's American Friends
- The Third Reich's Supporters in the United States
- By: Bradley W. Hart
- Narrated by: Chris Ciulla
- Length: 11 hrs and 15 mins
- Unabridged
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Hitler's American Friends, by Bradley W. Hart, is an audiobook examining the strange terrain of Nazi sympathizers, nonintervention campaigners, and other voices in America who advocated on behalf of Nazi Germany in the years before World War II. Americans who remember World War II reminisce about how it brought the country together. The less-popular truth behind this warm nostalgia: Until the attack on Pearl Harbor, America was deeply, dangerously divided.
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Excellent Information
- By Laura on 05-09-19
By: Bradley W. Hart
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Sickening
- How Big Pharma Broke American Health Care and How We Can Repair It
- By: John Abramson
- Narrated by: Kevin Stillwell
- Length: 9 hrs and 17 mins
- Unabridged
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The United States spends an excess $1.5 trillion annually on health care compared to other wealthy countries—yet the amount of time that Americans live in good health ranks a lowly 68th in the world. At the heart of the problem is Big Pharma, which funds most clinical trials and therefore controls the research agenda, withholds the real data from those trials as corporate secrets, and shapes most of the information relied upon by health care professionals.
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Great info, but I’m confused…
- By Iread on 04-04-22
By: John Abramson
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Investment Banking (3rd Edition)
- Valuation, LBOs, M&A, and IPOs
- By: Joshua Rosenbaum, Joshua Pearl, Joseph R. Perella - foreword, and others
- Narrated by: Mike Chamberlain
- Length: 14 hrs and 15 mins
- Unabridged
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In the constantly evolving world of finance, a solid technical foundation is an essential tool for success. Until the welcomed arrival of authors Josh Rosenbaum and Josh Pearl, no one had taken the time to properly codify the lifeblood of the corporate financier's work - namely, valuation, through all of the essential lenses of an investment banker. With the release of Investment Banking, Third Edition, Rosenbaum and Pearl once again have created the definitive guide that they wish had existed when they were trying to break into Wall Street.
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A real value add to have the Audible and book
- By drew on 09-20-22
By: Joshua Rosenbaum, and others
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Kochland
- The Secret History of Koch Industries and Corporate Power in America
- By: Christopher Leonard
- Narrated by: Jacques Roy
- Length: 23 hrs and 15 mins
- Unabridged
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Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how the biggest private company in the world grew to be that big to tell the story of modern corporate America.
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An anti-capitalism treatise
- By Luis on 10-01-19
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Private Equity
- A Memoir
- By: Carrie Sun
- Narrated by: Carrie Sun
- Length: 8 hrs and 44 mins
- Unabridged
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When we meet Carrie Sun, she can’t shake the feeling that she’s wasting her life. The daughter of Chinese immigrants, Carrie excelled in school, graduated early from MIT, and climbed the corporate ladder, all in pursuit of the American dream. But at twenty-nine, she’s left her analyst job, dropped out of an MBA program, and is trapped in an unhappy engagement. So when she gets the rare opportunity to work at one of the most prestigious hedge funds in the world, she knows she can’t say no. Fourteen interviews later, she’s in.
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Not what I was expecting
- By Anonymous User on 09-05-24
By: Carrie Sun
What listeners say about These Are the Plunderers
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- Hector R.
- 07-04-23
Expose the politicians publicly
Excellent research on these plunderers. The politicians and the Supreme Court justices are enablers and they should be called out. They are all defrauding ordinary citizens of hard earned income. Expose health care and other businesses that are owned by private equities.
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- Happy Doc
- 08-31-24
Brilliant revelation
When these guys win, we all lose . Meticulously researched . These facts will amaze and astonish.
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- steve
- 05-28-23
Excellent book
Gretchen writers a great book and the narrator is very good.
After reading this book, the business section of the WSJ makes a lot of sense
Spend time with book, excellent investment
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- John
- 09-28-24
Information so few have but all need before going to the polls
With Carlyle Group's ambitious executive Glenn Young now governor of Virginia, Private Equity toady J. D. Vance now a candidate for Vice President and a Supreme Court majority determined to protect business from consumers, we should fear for the fox being in charge of the hen house. As a former state regulator, I have personally seen the damage done to nursing homes and their residents. These immoral persons have no concern for other humans, besides themselves and their tribe and yet have convinced themselves of their own superior worth.
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- Marco A Fernandez
- 05-13-23
Shining the light on pirate equity…
For healthcare, as a physician, my goal is to educate and partner with patients in taking medicine back from Wall Street. Great in depth look at how private equity works and the manipulation of the political system. I will do my part in fighting for my patients, there is no incentive for anyone else to do it.
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2 people found this helpful
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- Lubna
- 06-15-23
Revelatory
As a physician this book was very revealing and at times left me shocked. I would make this a required reading for all doctors and medical professionals in training and practice.
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- LaVerne Bowman
- 10-29-23
Enlightening
Just finished reading "These Are the Plunderers" and I'm blown away! This book provides crucial insights into topics like healthcare and pensions, shedding light on the financial sector. The thorough research and eloquent presentation make it a must-read for anyone looking to understand these complex issues. Highly recommended!
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- Hjtempel
- 05-18-23
Stop the plunder!
A must read for every American Adult. Enough Already!!!!! It’s dense but worth the read.
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- Anonymous User
- 06-08-23
Eye opening!
Well research and clearly written.
Money power corruption and consequences.
Should be mandatory reading.
Thank you
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- Consumer Expert!
- 07-12-23
Totally shameless!
Thank you for exposing these corrupt greedy crooks! When you see a talentless “celebrity” that was already linked to an investment scam once before get into this scheme, that should raise the biggest red flag and people should be extremely vigilant when dealing with them.
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