The Financialization of Child and Elder Care: The Tax Justice Network December 2019 Podcast
Private equity is moving in a big way into elder and child care services in the UK. Patients and parents beware.
Read more...Category Archives: Private equity
CalPERS Should Thank Us for Publicizing, and Therefore Undermining Their Repeated Efforts to Hand Private Equity Portfolio to BlackRock: BlackRock’s Mark Wiseman Fired for Affair With Subordinate, Leading to Suspension of New Investments from “Warren Buffett” Style Megafund
How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.
Read more...CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham
CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Read more...Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
Read more...The Privatized Internet — Entire .ORG Domain Registry Sold to Investment Equity Firm “Ethos Capital”; Registration Fee Restrictions Removed
Private equity grifting meets internet domain names.
Read more...Democrats’ Private Equity Hearing Fail: Abject Incompetence, Corruption, or Mere Unseriousness?
A House Financial Services Committee hearing on private equity revealed more about the party than about private equity, and in a not good way at that.
Read more...Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”
Private equity gets some long overdue scrutiny.
Read more...How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed
It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.
Read more...Electronic Voting Machine Debacle Continues in 2019, Setting Dangerous Precedent for 2020
Bloomberg’s recent story on electronic voting machines is good, but ignores their private equity owners, soft-pedals the role of corruption, and ignores the incursion of the intelligence community into the voting process.
Read more...CalPERS Follows Naked Capitalism Recommendation: Does 180 on Emerging Managers by Dumping Managers, Slashing Commitments, Defying Board-Authorized Plan Through 2020
CalPERS has belatedly followed our advice and is radically cutting back on its so-called emerging managers.
Read more...Public Pension Funds Criticized for Profiting From Private Equity’s “Surprise Billing” Abuse
Surprise billing is such a widespread abuse that it is managing to bring private equity chicanery and public pension funds’ tacit support of it to long-overdue public attention.
Read more...Wolf Richter: How Employees & Employers Get Bled by Health Insurance
Health insurance costs will kill you if your medical issues don’t get you first.
Read more...Who Advocates For Surprise Medical Billing? – Private Equity Hides Behind Physicians’ White Coats
Private equity is a danger to your health via its role in suprise billing. To hang onto its meal ticket, it is funding dark money group and ads to block legislation.
Read more...CalPERS Short-Changed by CIM in Pay-to-Play/Bribery Scandal; Looks Like Apollo Stiffed CalPERS Too
How CalPERS was cheated by conniving fund managers, as is pervasive among private equity investors.
Read more...Another School Leadership Disaster: Private Companies Work an Insider Game to Reap Lucrative Contracts
Firms that help place handpicked candidates in school leadership positions use those connections to sell other products and services.
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