The article discusses the impact of private equity on the restaurant industry, highlighting how the involvement of private equity firms often leads to higher bankruptcy rates, particularly for chains like red lobster and tgi fridays. Experts express criticism of private equity's financial tactics, but also note potential benefits.

Author of the book 'Plunder: private equity's Plan to Pillage America', discussing the impact of private equity on bankruptcies.

Casual dining chain that filed for bankruptcy and had been backed by private equity.

Casual dining chain that also filed for bankruptcy and was backed by private equity.

Senior financial investigative reporter at NBC, commenting on red lobster's financial issues related to private equity.

Columbia Business School senior lecturer discussing private equity's involvement in restaurants.