Public Pension Plans in a World of Hurt; Even Loyalists Warning of Grim Prospects
Not surprisingly, public pension fund economics look pretty sick.
Read more...Category Archives: Private equity
Retail Bankruptcies, Bailouts Put Spotlight on Private Equity
Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.
Read more...More Public Pension Fund Pain: LACERS Reports Hit to Liquidity from Private Equity Capital Calls; Are Fund Managers Exploiting the Dumb Money Yet Again?
Private equity firms are sucking cash out of their limited partners at the worst possible time, exposing public pension funds in particular to liquidity crunches and fire sales.
Read more...Looking at “The Secret Group of Scientists and Billionaires Pushing a Manhattan Project for COVID-19” with a Critical Eye
Can venture capitalists, private equity, Republican fixers, biomedical serial entrepreneurs, and scientists from two medical institutes deliver a #COVID19 solution that involves mass certification via a cellphone app, and a new hybrid form of governance, an “empowered council”?
Read more...Mitch McConnell to State Pension Funds: Drop Dead
Prominent Republicans are threatening to gore the public pension fund ox.
Read more...Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity
Follow the money – Congressional lobbying activity and who wins and who loses from coronavirus relief.
Read more...What Wall Street Doesn’t Want You to Know About Hospital Emergency Rooms
A coronavirus whistleblower winds up also exposing that private equity has too much say in running emergency rooms.
Read more...Firing of Whistleblowing Emergency Room Doctor Ming Lin By Blackstone-Owned TeamHealth Demonstrates Outsized Role of Private Equity in Hospital Staffing
Blackstone’s TeamHealth, a big perp in the scam called “surprise billing,” retaliated against a doctor who criticized unsafe Covid-19 practices.
Read more...CalPERS Legacy Assets: How Much in Overvaluation Has CalPERS Been Hiding?
CalPERS apparently needs to take a bath on its legacy assets.
Read more...Coronavirus: Bracing for the Economic Shockwave
The coronavirus spread is setting up a nasty real economy-financial system contraction.
Read more...Private Equity’s War to Preserve Surprise Billing
Sadly, private equity has beaten back legislation to curb surprise biling.
Read more...Another Demise of a Storied Business at the Hands of Private Equity: Fairway
Fairway shows how private equity ruined a successful and much loved business.
Read more...What the Heck Happened to Surprise Billing Legislation? (Or, It’s Never Too Late for the Lobbyists to Win)
Surprise billing is proving awfully hard to kill.
Read more...SEC With Investment Managers: “Like the FBI Sitting Down With the Mafia”
A law firm partner discusses SEC capture as if it were perfectly normal….which sadly, it is.
Read more...Who Owns, and Who is Accountable for the New US For-Profit Medical Schools?
Four new for-profit medical schools are so secretive that they look like they have something to hide.
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