The pattern is for private equity funds to purchase controlling interests in companies for a short time, then load them up with debt, strip them of their assets

The pattern is for private equity funds to purchase controlling interests in companies for a short time, then load them up with debt, strip them of their assets, extract exorbitant fees, and sell them at a profit — implementing drastic cost-cutting measures at the expense of workers, consumers, communities, and taxpayers. Private equity vampires are what broke Red Lobster. Endless shrimp was just one silly decision.