California libraries targeted for takeover by private equity firms. (Boing Boing, 3/4/2011)
But I wouldn't get too concerned.
Here's LSSI's track records after 30 years of operation.
Public libraries in the United States
Source: Institute of Museum and Library Services, "Public Libraries in the United States. Fiscal Year 2008".
Source: The New York Times, "Anger as a Private Company Takes Over Libraries", September 26, 2010.
Camarillo sez goodbye to Ventura County, hello to Library Systems. (10/26/2010)