How Private Equity Looted America

How Private Equity Looted America - Mother Jones

Private equity billionaires are looting the country, leaving everyday Americans to clean up the mess—and fight for the scraps ...

The Smash-and-Grab Economy - Mother Jones

In our May+June 2022 issue, Mother Jones investigates the vulture capitalists chewing up and spitting out American businesses, the politicians enabling them, ...

Private Equity is Out of Control and Looting America. This ...

Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department's Antitrust Division, outlines the dangers of a ...

Members of Congress introduce bill to halt private equity 'looting' of ...

The Stop Wall Street Looting Act closes regulatory loopholes and ends incentives that allow investors to “pillage” acquired businesses, Sen.

How Private Equity Has Looted Our Hospitals

By early 2024, Steward, a for-profit healthcare system that was owned by private equity firm Cerberus Capital Management from 2010 to 2020,7 was drawing ...

Don't blame the shrimp: How private equity is bankrupting America

Corporations are blaming consumers for financial stress and bankruptcies. The real story isn't so simple.

How private equity conquered America - The Real News Network

Blackstone, Apollo, and a handful of other firms are demolishing the US economy for short-term gain, and leaving workers and communities in ...

Slash and burn: is private equity out of control? - The Guardian

The long read: From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of ...

Warren, Lawmakers Renew Legislative Push to Stop Private Equity ...

The bill would close loopholes and end incentives for private equity pillaging. Updated text responds to private equity's ruinous takeover of now-bankrupt ...

Democrats Renew Effort to End Private Equity Looting

Over a dozen congressional Democrats on Thursday renewed their fight to "fundamentally reform the private equity industry" with a bill that Rep. Mark Pocan said

Reversing Private Equity's Looting of Hospitals

The right remedy is to claw back the billion-dollar payday Cerberus Capital and other insiders took out of Steward Health Care and give the ...

Stop Wall Street Looting Act: More Necessary Now Than Ever

CEPR co-director Eileen Appelbaum has written a letter to Senator Elizabeth Warren explaining the dangers of private equity.

Congress pushes for private equity accountability with Stop Wall ...

Democrat members of Congress reintroduced the Stop Wall Street Looting Act on Thursday in an effort to hold private equity firms accountable.

The Stop Wall Street Looting Act: - Americans for Financial Reform -

Assets held by private equity (PE) firms have grown from $1 trillion prior to the 2008 financial crisis to nearly $4.5 trillion today.1 In the wake of the.

How Wealthy Investors Got Rich Looting America's Needy Hospitals

When hospitals sold off their land, investors got rich. Patients paid the price. A loan shark about to eat a hospital. Anson Chan for BI.

Private Equity Is Gutting America — and Getting Away With It

Private equity firms make their money by buying companies, transforming them and selling them — hopefully for a profit. But what sounds simple ...

Warren Toughens Private-Equity Bill, Aiming to Prevent Healthcare ...

Sen. Elizabeth Warren and fellow Democrats add more teeth to revamped Stop Wall Street Looting Act, including new healthcare provisions.

Legislators re-introduce bill to reform use of private equity in nursing ...

Democrat lawmakers on Thursday re-introduced the Stop Wall Street Looting Act, which they say is meant to fundamentally reform private equity investments.

Fact Sheet: The Stop Wall Street Looting Act: End Private Equity's ...

Assets held by private equity (PE) firms have grown from $1 trillion prior to the 2008 financial crisis to nearly $4.5 trillion today. In the ...

Private Equity: Looting “R” Us - The American Prospect

But the new tax law, unintentionally, could put a dent in private-equity scamming.