Public Pension Funding Average Now Below 50%, Yet Beneficiaries and Press Stay Mum
That light at the end of the public pension fund tunnel is the headlight of the underfunding train bearing down on them.
Read more...Category Archives: Private equity
How Precision Scheduled Railroading at Norfolk Southern Caused a Toxic Vinyl Chloride Mushroom Cloud Over East Palestine, Ohio
I certainly hope Norfolk Southern’s owners are happy!
Read more...Meatpacking. Healthcare. Housing Rentals. Industries Across the Board Using Tech to Fix Wages and Prices
DOJ says it’s going to crack down as lawsuits pile up against real estate Goliaths and US officially becomes a “rent-burdened nation.”
Read more...A Big Reckoning Starting for Private Equity and Its Public Pension Fund Enthusiasts
Private equity returns are finally going pear-shaped, but for the most part, investors are re-upping their bets.
Read more...Healthcare Systems Increasingly Turn to Gig Nurses to Remedy Their Self-Created Nurse “Shortages”
Private equity uses the pandemic to pursue the “Uberfication” of nursing.
Read more...Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth
elle surprise! “Growing consolidation in localized hospital markets appears to restrict nurse wage growth.”
Read more...More Orthopedic Physicians Sell Out to Private Equity Firms, Raising Alarms About Costs and Quality
It means higher prices for patients, more unnecessary surgery, and less access to care for patients on Medicaid or those who are uninsured or underinsured.
Read more...BlackRock Says We’re All Doomed. It’s Being Optimistic
The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.
Read more...How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis
New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.
Read more...Sick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties
Another account of the extent of the private equity health care grifting, as well as some avenues to check these abuses.
Read more...Advertise on a Competitor’s Social Media Platform? Um, that Would Be a Hoot… GM “Paused” Ads on Musk’s Twitter
GM wants to have a look-see about how Twitter might use GM ad data to benefit Tesla. Will Chinese walls be enough?
Read more...Death Is Anything but a Dying Business as Private Equity Cashes In
Private equity is buying up funeral homes, enticed by a large industry with reliable income that is still mainly populated by small businesses.
Read more...Private Equity Sees the Billions in Eye Care as Firms Target High-Profit Procedures
Private equity continued to buy up and crapify more medical specialist practices. The latest target is eye care, particularly surgeries.
Read more...Congressional Sausagemaking, or How Inflation Reduction Became Fossil Fuel Export Promotion
How Manchin and Sinema got dirty energy goodies and financier breaks into the Inflation Reduction Act.
Read more...Please, Vote for Somebody in the CalPERS Board Election. Your Money Is at Stake.
If you are a CalPERS retiree, please be sure to vote in the board election now underway. You deserve to be properly represented.
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