Over the past three years, FTC and Department of Justice officials have signaled they would apply more scrutiny to private equity acquisitions in health care, including roll-up deals in which larger provider groups buy smaller groups in a local market.
Read more...Is organizing a price-fixing cartel still illegal if an algorithm tells you to do it?
Read more...Another well-substantiated critique of CalPERS’ investment performance.
Read more...Telecom Italia’s downfall over the past thirty years mirrors the disastrous path of the Italian state since joining the EU.
Read more...Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Read more...Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.
Read more...The FIRE sector capitalizes on Germany’s industrial decline as government diverts money from social programs to military.
Read more...CalPERS lurches into a new crisis. The official story of the sudden resignation of CIO Nicole Musicco does not add up. What gives?
Read more...Agreements in which students owe a percentage of post-graduate income are likely to lead to more peonage as Wall Street is eager to get in on the action.
Read more...College students are still unable to find housing despite enrollment dropping since the start of the pandemic, and a major price-fixing lawsuit against corporate landlords sheds light on why.
Read more...Yet more evidence that venture capital is good for the fund managers, not so much for anyone else.
Read more...In his latest paper, investment expert Richard Ennis continues showing how alternative investments destroy value.
Read more...Hubert Horan takes another hard look at Uber financials and finds much not to like.
Read more...Shed a crocodile tear. Former private equity kingpin Leon Black is back in hot water thanks to his dealings with child rapist Jeffrey Epstein
Read more...Michael Hudson takes a long, hard look at the origins and costs of the Fed’s ZIRP policy.
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