One sentiment I see on hacker news a lot is that "government is inefficient (and that's never going to change).". But I read about PE and I think: public servan

One sentiment I see on hacker news a lot is that "government is inefficient (and that's never going to change).". But I read about PE and I think: public servants cannot fight these sharks. Are there an examples of private equity losing these types of takeovers? Are there examples of public agencies fighting back and winning? PE doesn't take over public agencies. But they extract public money in a clever way and that seems at the root of problems with big government too and it feels like it is seldom mentioned.