But what about the cases where the PE firm asset strips the company, loads it up with debt and then walks as the company implodes and everyone loses their job?

But what about the cases where the PE firm asset strips the company, loads it up with debt and then walks as the company implodes and everyone loses their job? That seems to be the model of some PE firms. But maybe those are the ones that mostly make the news. I would certainly hope they aren't all predatory vulture capitalists. BTW the current state of English water companies is a not a good advert for private equity.