Some of the world’s biggest companies are gorging on debt
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We take a quick look into the reasons companies like Walmart and McDonald's have been issuing billions in bonds. A reporter from The New Yorker stops by to discuss her story about how a nursing home's quality of care went downhill after a private equity firm purchased the place.
Segments From this episode
Walmart and McDonald's are among those hopping on the bond bandwagon. Some think now is a good time to borrow in case rates rise further.
A new investigation by The New Yorker delves into the acquisition of a Virginia nursing home and what happened next.