As president of the International Brotherhood of Teamsters, I have seen private equity firms plunder company after company, taking rich fees for themselves and cutting costs until there’s nothing left to cut. Time and again I’ve seen their reckless behavior drive companies to declare bankruptcy. — James P. Hoffa

Tags: #Rich, #Behavior, #Company, #JamesPHoffa, #American, #Businessman

Mini who’s who:

James P. Hoffa : American Businessman
Born:  May 19, 1941