Financial journalist Gretchen Morgenson explains how private equity firms buy out companies, then lay off employees and cut costs in order to expand profits. Her new book is These are the Plunderers.
Pulitzer Prize-winning financial reporter Gretchen Morgenson chronicles the failings of Wall Street regulators in Reckless Endangerment: How Outsized Ambition, Greed and Corruption led to Economic Armageddon.
After the housing bust, banks hired many people to handle foreclosure paperwork -- and many mistakes were made. New York Times columnist Gretchen Morgenson explains what the paperwork mess means for the banking industry and the economy.