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Stop celebrating CEOs being cancelled
(sh.itjust.works)
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this post was submitted on 05 Aug 2025
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Blackstone is a private equity firm though, not healthcare.
Still a CEO, so high partial credit.
Private Equity is super evil, and uses business law loopholes in order to make sinkholes out of large companies, leaving the debt for the state to manage when the insolvent company goes bankrupt.
Right now all the AAA game development companies are getting the private equity treatment.
Mitt Romney, the 2012 GOP candidate for President, was president of Bain Capital, a private equity company.
UHG isn’t healthcare, either, fwiw.
Arguably isn’t health insurance, either.