Category Archives: Private equity

Air Ambulances Woo Rural Consumers With Memberships That May Leave Them Hanging

A patient could believe his or her emergency air transport was taken care of, only to face a rude awakening when the bill came.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-One: Mike Isaac’s Book Ignores Economics and Financial Results and Gets the Uber Story Almost Entirely Wrong

Mike Isaac’s Super Pumped!, a new book on Uber, draws fundamentally false conclusions about the company.

Under Bloomberg Pressure, CalPERS Coughs Up BCG Report on Private Equity, Confirming Criminal Abuse of Open Meeting Law; Board President Henry Jones Casually Leaks Confidential Information

A peek into how CalPERS abuses confidentiality when public agencies are supposed to be public.

Private Equity and Surprise Medical Billing

Private equity has glommed onto the healthcare sector, and drives the “surprise” medical billing. phenomenon.

Hedge Fund Chatham Sends Nastygram Over NY Post Removal of “Parked Transaction” in Piece on Questionable Deals Involving American Media, Owner of National Enquirer. CalPERS Too.

Hedge fund Chatham is might upset about a phrase we picked up from a New York Post article on Chatham funds’ investment, including a CalPERS fund, in the parent of the notorious National Enquirer.

Apollo Doth Protest Too Much: Our Leon Black-Jeff Epstein Post Elicits Intervention by Apollo’s Flack

Apollo looks unduly anxious.

CalPERS in Bed With Jeffrey Epstein Client and Co-Investor, Apollo’s Leon Black Even After Apollo Pay-to-Play Scandal Led to Conviction and Jail Term for Former CalPERS CEO

CalPERS is worried about being tainted by its association with Leon Black of Apollo. CalPERS should be a lot more worried about its wallet.

Private Equity: The Perps Behind Destructive Hospital Surprise Billing

How private equity ginned up yet another abuse.

As Risky Finances Alienate Investors, Fracking Companies Look to Retirement Funds for Cash

Latest DeSmogBlog coverage of fracking follies: the still unprofitable industry turns to pension funds and private equity for capital.

Elizabeth Warren Seeks to Cut Private Equity Down to Size

Elizabeth Warren’s bill to end private equity abuses targets a wide range of bad practices.

Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up

A post-mortem of a leveraged loan bust: private equity wins, too bad for everyone holding the bag.

Mr. Market and the Press Diss Deutsche Bank’s Turnaround Plan

A hard look at Deutsche’s restructuring plan reveals a lot not to like

Reforestation as a Solution for Carbon Capture: Hype and Reality

Advocates for reforestation must consider who owns the land to be reforested, and how the reforestation is to be done.

Private Equity and “Institutional” Investor Owned U.K. Utility Engaged in Massive Fraud, Regulatory Evasions, Worker Coercion, Caused “Catastrophic” Environmental Damage

Abuses like raw sewage on beaches and faking regulatory filings make a U.K. water utility a new low in privatization scandals.

CalPERS Admits It Is Nowhere on Its New Private Scheme After More Than Two Years

Why CalPERS’ private equity “new business model” dithering is looking an awful lot like Brexit.