Private equity is setting out to hoover up accounting practices. The sorry experience in health care says there is cause for pause.
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Saturday, December 27, 2025
Private Equity Buying Up Accounting Practices. What Could Go Wrong? The Health Industry Gives Some Ideas
Topics: Health care, Investment management, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 6:53 am | 13 Comments »
“The Algorithm Told Me to Do It”: More Price Fixing in US Rental Market
Arizona and another class action join lawsuit parade against price-setting software companies and property managers, North Carolina AG investigating.
Topics: Corporate governance, Free markets and their discontents, Legal, Market inefficiencies, Private equity, Real estate, Regulations and regulators, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 52 Comments »
Health Workers Fear It’s Profits Before Protection as CDC Revisits Airborne Transmission
Health industry employee objections have forced the CDC to rethink its weak guidance on aerosol transmission, but experts are not optimistic.
Topics: Banana republic, Guest Post, Health care, Pandemic, Regulations and regulators, Science and the scientific method
Posted by Yves Smith at 4:46 am | 8 Comments »
2:00PM Water Cooler 3/19/2024
~ Today’s Water Cooler: Politics, pandemics, Boeing, brain geniues, birding, and chicken sexing. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 63 Comments »
When It Comes to Fighting Russian Diamonds, the Jewish Diamond Trade and De Beers Are a Busted Flush
Efforts to crush the Russian diamond trade come when the industry is under duress. Why might the comparatively small Russian exports survive?
Topics: Commodities, Economic fundamentals, Globalization, Guest Post, India, Politics, Russia
Posted by Yves Smith at 1:22 pm | 13 Comments »
Links 3/19/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 256 Comments »
UK Citizens Just Got a Brief Foretaste of the Inherent Fragility of a Cashless Economy
Unlike digital forms of payment, cash does not crash.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 39 Comments »
Wealth of US Billionaires Hits $5.5 Trillion—Up 88% Since Pandemic Hit
Even though the rich are predictably getting richer even in the Covid era, the picture is worse when you look at billionaires.
Topics: Free markets and their discontents, Guest Post, Income disparity, Investment outlook
Posted by Yves Smith at 3:43 am | 42 Comments »
Introduction to Swing States in the Presidential Election of 2024 (General Survey)
It’s swing voters from the swingiest states, like Arizona, Georgia, and Wisconsin, who will really matter.
Topics: Guest Post, Politics
Posted by Lambert Strether at 4:25 pm | 34 Comments »
2:00PM Water Cooler 3/18/2024
~ Today’s Water Cooler: Politics, pandemic news, Boeing, Keith Richards (and Trump’s surety bond). ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 73 Comments »
Links 3/18/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 218 Comments »
Experts: Negotiating Big Pharma’s Prices Won’t Stifle Innovation—They Don’t Use the Money to Innovate!
Physician-scientist Fred Ledley and economist William Lazonick debunk Big Pharma arguments against Medicare drug price negotiation
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:02 am | 15 Comments »
Minneapolis Council Overrides Mayor’s Veto of Uber and Lyft Minimum Rates
“Essential” workers are cross-sectoral organizing across Minnesota and scoring victories.
Topics: Corporate governance, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 10 Comments »
“We Need a Plan for the Transition to Renewable Energy”
Radical societal transformation is inevitable; a plan for renewable energy could make a difference between catastrophe and progress.
Topics: Auto industry, Doomsday scenarios, Economic fundamentals, Energy markets, Global warming, Guest Post, Income disparity, Permaculture, Politics, Technology and innovation
Posted by Yves Smith at 1:32 am | 81 Comments »
Links 3/17/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 150 Comments »



