The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy(ISBN=9781591843696)

　　Marquee private equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. Journalist Josh Kosman explores private equity's explosive growth and shows how its barons wring profits at the expense of the long-term health of their companies. He argues that excessive debt and mismanagement will likely trigger another economic meltdown within the next five years, wiping out up to two million jobs.
　　He also explores the links between the private equity elite and Washington power players, who have helped them escape government scrutiny. The result is a timely book with an important warning for us all.

Prologue
Introduction
PART ONE: THE BUYOUT OF AMERICA
CHAPTER ONE: HOW Private Equity Started
CHAPTER TWO: The Next Credit Crisis
PARTTWO: THE LBO PLAYBOOK
CHAPTER THREE: Doctoring Customer Service
CHAPTER FOUR: Lifting Prices
CHAPTER FIVE: Starving Capital
CHAPTER SIX: Plunder and Profit
CHAPTER SEVEN: Leaving Little to Chance
CHAPTER EIGHT: A Different Approach
PART THREE: WHAT NOW?
CHAPTER NINE: The Next Great European Credit Crisis
CHAPTER TEN: What's Next?
CHAPTER ELEVEN: Handling the Fallout
Epilogue
Acknowledgments
Appendix: The 1990s LBO Track Record
Notes
Index