Carol Roth
π€ SpeakerAppearances Over Time
Podcast Appearances
M&A is part of my background.
I'm a recovering investment banker.
We see this all the time.
You have a company that needs a lifeline and another company steps in and it's letting the market sorted out.
Does it mean that that would have worked?
I don't know, 50-50, but at least there would have been a chance.
What they did is they took a struggling company and they said, no, you cannot have that lifeline.
Look, we did a good thing.
And like you said, now we have less choice.
Now we have people who are out of a job.
Now we have less of an opportunity for this to work its way out in the markets and in the system.
And this isn't just about M&A.
This is about minimum wage.
This is about rent control.
This is about every time they don't understand or don't care about economic reality.
They want to do a thing.
They want to do their Ralph Wiggum thing and be helping.
And they're not helping.
And they're making it harder for Americans to thrive, to be successful.
And in some cases, just to afford the cost of living.