Steve Lackmeyer
@stevelackmeyer.bsky.social
Reporter at The Oklahoman, author of seven books about OKC history. Quoted by BBC, New York Times, Dallas Morning News, Seattle Times, wrote cover story for Architectural Record. Find out more at https://about.me/stevelackmeyer
Private equity alone kills so many beloved businesses and kills thousands of jobs. Panera Bread switching from fresh baked goods to warmed up frozen bakery items? Yep. Private equity. Toys R Us, Party City, Payless Shoes, Sears... and what don't kill they suck out what's good and make bland.
November 8, 2025 at 2:37 PM
Private equity alone kills so many beloved businesses and kills thousands of jobs. Panera Bread switching from fresh baked goods to warmed up frozen bakery items? Yep. Private equity. Toys R Us, Party City, Payless Shoes, Sears... and what don't kill they suck out what's good and make bland.
I seriously can't understand why leveraged buy-outs and shorting stocks is legal.
November 8, 2025 at 2:29 PM
I seriously can't understand why leveraged buy-outs and shorting stocks is legal.
Nate Silver scenario. Gets it right against the odds, then is hailed as a genius when it turns out he is just guessing everything, often gets it wrong, and has no special insight. And when he does get it right, it's really just a question of common sense.
November 8, 2025 at 2:19 PM
Nate Silver scenario. Gets it right against the odds, then is hailed as a genius when it turns out he is just guessing everything, often gets it wrong, and has no special insight. And when he does get it right, it's really just a question of common sense.
Nobody is disputing this. The issue is the location.
November 7, 2025 at 4:00 PM
Nobody is disputing this. The issue is the location.