Inside Blackstone’s $8 Billion Takeover of Jersey Mike’s
This week on 51-49, James dives into the hidden world of private equity, using Jersey Mike’s recent $8 billion acquisition by Blackstone as a lens to expose how Wall Street profits even when businesses fail. From leveraged buyouts to asset stripping, cost-cutting, and cashing out, we uncover the ruthless strategies private equity firms use to extract value at the expense of workers, communities, and America’s economy — and what you can do to fight back.
0:00 Blackstone Buys Jersey Mike’s for $8B
0:57 History of Private Equity
2:44 How Private Equity Destroyed Red Lobster
4:48 Private Equity’s Dirty Playbook EXPOSED
9:22 Fighting Back Against Wall Street
51-49 with James Li – Documentaries funded by the people, for the people.
Follow James on TikTok: https://www.tiktok.com/@5149jamesli
Follow James on X (formerly Twitter): https://twitter.com/5149jamesli
Subreddit link: https://www.reddit.com/r/5149withJamesLi/
Merch store: https://www.redbubble.com/people/5149jamesli
—–
Faster Does It by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Accralate – The Dark Contenent by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Cycles by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Meditation 1 by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
—–
Fair Use Notice: This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.