Without “Vulture” Capitalists, Our Economy Would Rot

Private equity firms and hedge funds are often derisively referred to as "vulture capitalists." These "evil" firms, detractors allege, care only about their own profits. They will buy failing firms at a low price, take them apart, and sell them piece by piece to make easy money while putting thousands of people out of work.

Just like the birds they are named after, vulture capitalists are unjustly derided for the essential service they render to society.