Buy and Bust: When Private Equity Comes for Rural Hospitals
Private equity’s emphasis on profit is “not necessarily great for the patient.”
Read more...Category Archives: Private equity
Waste Watch: Colorado and New York Pass Right to Repair Measures
Two states, New York and Colorado, recently passed right to repair measures, covering digital electronics equipment and power wheelchairs.
Read more...A Sad Day in Kentucky: Judge Philip Shepherd Recuses Himself from Kentucky Retirement Systems Case
The big Wall Street defendants in the seemingly never-ending Mayberry v. KKR saga, over charges of breaches of fiduciary duty, fee grifting, and other bad behavior, got a big break due to a remarkably lame error by the presiding judge, Philip Shepherd. His being assigned to the case in 2017 was seen as offering some […]
Read more...New KKR Stunt in Neverending Kentucky Retirement Systems Litigation: Demanding Removal of Judge Philip Shepherd
KR is at it again! And of course, not in a good way.
Read more...Department of Justice to Saddle Up Against Private Equity Consolidation/Monopolization Plays. Will It Work?
The Department of Justice says it is taking aim at private equity. Will it hit any targets?
Read more...Your Money and Your Life: Private Equity Blasts Ethical Boundaries of American Medicine
In a harrowing new book, Laura Katz Olson exposes how private equity is taking over health care companies – and preying on human lives.
Read more...Pennsylvania Public Pension Fund Trustee Katie Muth Has to Sue to Find Out What Fund Is Investing In
Proving how deep intransigence runs among public pension fund staff, PennPSERS trustee Katie Muth is suing to find out what the fund owns.
Read more...Eileen Appelbaum and Rosemary Batt Score Important Win Against Private Equity as Surprise Billing Laws Slam KKR Grifter Envision Healthcare
A dogged effort to curb a particularly egregious private equity abuse, hospital surprise billing, bears some fruit.
Read more...The Private Equity Industry in the New Interest Rate Environment
Private equity has been a big winner thanks to a long-term trend of falling interest rates. What happens in a less favorable environment?
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Wrong Way CalPERS: Dumping $6 Billion of Private Equity After Struggling to Put Money to Work and Then Increasing Target
CalPERS is trying to do something more obviously nonsensical than usual.
Read more...California Suit Takes Aim at Private Equity Engaging in Illegal Practice of Medicine by Owning Outsourced MD Practices
An important new suit targets a central and not even well disguised private equity abuse: illegally practicing medicine via owning MD groups.
Read more...Judge Rules CalPERS Violated Bagley-Keene Open Meeting Act by Holding Improper Closed Session After Ben Meng Resignation
CalPERS got a bloody nose in court. Maybe the board will wise up and behave better in the future.
Read more...Bloomberg, Other Publications Criticize CalPERS’ Leverage on Leverage Plan to Boost Returns While Missing Additional Types of Borrowing
CalPERS, which has lagged nearly all other public pension funds’ performance, is doubling down on failure by resorting to leverage.
Read more...Endowments’ Money Management Destroying Value Demonstrates Economic Drain of Asset Management Business
How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...