Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

MichMan

(17,440 posts)

13. I worked for a manufacturing company that declared bankruptcy after Covid and was bought by private equity group

Reply to GiqueCee (Reply #6)

Thu May 28, 2026, 12:14 PM

3 hrs ago

That allowed the plant to remain open and people to keep their jobs. I retired 4 years ago, and the plant is still open and running.

In your opinion, that should have been prohibited, and instead it should have just shut down and closed?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

18 replies

= new reply since forum marked as read

Highlight:

One reason why the rent is too damn high [View all] erronis 5 hrs ago OP

The investors that George W Bush jr wanted in the housing market. Blue Full Moon 5 hrs ago #1

Another reason: Expiration of Low Income Housing Tax Credits jmbar2 5 hrs ago #2

Rent Strikes !! leftstreet 5 hrs ago #3

We have millionaires deciding what affordable housing costs...nt Wounded Bear 5 hrs ago #4

Billionaires. ColoringFool 2 hrs ago #16

Same difference...nt Wounded Bear 1 hr ago #18

Private Equity Firms JPK 5 hrs ago #5

Dear friend is examiner for a land title insurance company. She is HORRIFIED at the % of home sales are going those Attilatheblond 4 hrs ago #10

Private Equity... GiqueCee 4 hrs ago #6

Piling their DEBT on renters RANDYWILDMAN 4 hrs ago #7

But...But... GB_RN 4 hrs ago #8

I worked for a manufacturing company that declared bankruptcy after Covid and was bought by private equity group MichMan 3 hrs ago #13

Care to name the manufacturing company? Private Equity Groups are.... ColoringFool 2 hrs ago #17

It's not just rent AverageOldGuy 4 hrs ago #9

This makes living and then dying at home The Madcap 3 hrs ago #12

It IS expensive, but your numbers are higher than I found when looking for a place for my mother. ihaveaquestion 3 hrs ago #14

I own a rental & I haven't raised my rent in 3 years. ... aggiesal 3 hrs ago #11

Air bnb , vrbo, etc as vulture capital turns housing into vacation rentals JT45242 2 hrs ago #15