Tuesday, September 4, 2012

Shannon McHale - Multimedia Pick



     Published by the New York Times in 2009, “Flipped: How Private Equity Dealmakers Can Win While Their Companies Lose,” is an interactive video presentation that explores private equity and how Americans are affected by the industry. “Flipped” is a series of videos, and the interactive layout of the project allows individuals to choose what videos to watch and in what order. The project is easily accessible -- bankers and other experts in private equity explain what exactly private equity is, and a viewer with no prior knowledge would have no trouble following along. “Flipped” also includes a series of videos featuring the mattress company Simmons, which declared bankruptcy and was bought out in 2009 after changing hands through numerous private equity owners. The project takes something the public was exposed to in a news story, private equity, and explores both the pros and cons of the industry. The effects of private equity on Americans are demonstrated through interviews with Simmons employees who were impacted by the many buyouts. “Flipped” can be found on the New York Times website and is linked to the news articles published about Simmons declaring bankruptcy and the buyout that followed.


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