Official US Poverty Rate Declined in 2023, but More People Faced Economic Hardship
The arguably better official measure of US poverty says the poor are getting poorer.
Read more...Category Archives: Private equity
How Responsible Is the Rental Housing Cartel for the Explosion in Homelessness?
Since collusion in pricing and vacancy hit critical mass in 2016, homelessness has soared.
Read more...The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
Read more...“How Does OpenAI Survive?”
Ed Zitron explains in gory detail why OpenAI looks like the mother of all bezzles.
Read more...Urgent Care or ER? With ‘One-Stop Shop,’ Hospitals Offer Both Under Same Roof
Hospitals in several states are partnering with a private equity-backed company to offer combined emergency and urgent care in a single building. But patients may not realize prices vary between the two services — often by a lot.
Read more...Pitchbook Report Attempting to Defend Private Equity Role in Healthcare Suffers from Fundamental, Fatal Analytical Flaw
A recent report from Pitchbook commits data crimes in attempting to depict private equity management of healthcare companies as benign.
Read more...Private Equity Becomes Roach Motel as Public Pension Funds and Other Investors Borrow As Funds Remain Tied Up
Oopsie! Private equity firms are hanging on to investor money for an unseemly amount of time! What to do?
Read more...Corporate Landlords’ Profits Soar as Tenants Drown in Rent Hikes and Fees
Cheerleading about a flat CPI ignores the housing, with tenants generally and the ones with corporate landlords not getting relief
Read more...New York Cannabis Program Becomes Field Day for Private Equity Exploitation, Including Predatory Loans, Overpriced Leases to Store Owners
Staffers red-flagged inflated costs and default risks for startup cannabis retailers —to be ignored by officials keen to get money flowing
Read more...The War Racket in Germany
What happens when everyone starts to believe in the con?
Read more...Italy Pipes Up Against NATO Escalation as Court Ruling Could Cut Off Russian Gas Sooner Than Expected
Italy also faces major energy squeeze from Red Sea crisis. Will opposition to Project Ukraine solidify or will Rome go along as it usually does?
Read more...Private Equity Seeks to Foist Companies It Can’t Sell on Employees
Oh noes! Private equity is finding it hard to find buyers for all those deals it bought when interest rates were low!
Read more...Kentucky Retirement Systems Plaintiffs Seek Repayment from KKR Entities of Misappropriated $137 Million Plus Interest and Punitive Damages, Totaling $771 Million….Oh, and An Accounting Too
The Tier 3 Plaintiffs in the long-running public pension case, Kentucky Retirement Systems, are fast off their marks with a blockbuster filing.
Read more...Game Finally On! Judge Denies Key Motions to Dismiss in Kentucky Retirement Systems Litigation, Subjecting KKR, Blackstone, PAAMCO, and Top Financiers Henry Kravis, George Roberts, Steve Schwarzman, and Tomlinson Hill to Discovery
The much-delayed Kentucky Retirement System cases are finally moving forward, causing heartburn to some top names on Wall Street.
Read more...US Strategy for Great Power Competition: More Graft and Hope for Wonder Weapons
Venture capital and private equity are playing a larger role in the military-industrial complex leading to even more corruption, lack of accountability and the swallowing up of young minds by the Silicon Valley money pit.
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