Does Private Equity Save Jobs in Tough Times?

Author name: 
Eileen Appelbaum

 Center for Economic and Policy Research, June 28, 2012

"The New York Times DealBook ran a piece by Richard Farley, who advises banks on leveraged buyout financing, that claims workers are better off in difficult economic times working for private equity-owned firms. Private equity, he argues, saves jobs. Farley makes two points to support his claim."