Buy and Bust: Collapse of Private Equity-Backed Rural Hospitals Mired Employees in Medical Bills
Bad enough when private equity hurts customers and communities. Here they stole from employees by defaulting on health insurance
Read more...Category Archives: Private equity
Wrong Way CalPERS Increased Private Equity Allocation by Over 50% as Investors Are Dumping Holdings
The Financial Times reports that private equity investors are running for the exits as CalPERS plans to pile on.
Read more...How Public Real Estate Investment Trusts Extract Wealth from Nursing Homes and Hospitals
REITs are considered “passive” investors but play a very active role in reshaping whole industries, like hospitals
Read more...Now It’s Official: Financial Times Profiles Venture Capital Crash
A venture capital washout is underway. Pass the popcorn.
Read more...Hospices Have Become Big Business for Private Equity Firms, Raising Concerns About End-of-Life Care
Expect hospice care to go the way of privately-owned nursing homes, now that private equity is geting its claws into the industry.
Read more...Hubert Horan and Izabella Kaminska: Can Uber Ever Deliver? Part Thirty: The “Uber Files” Are Not the Uber Exposé You Are Looking For
The Uber Files showUber’s bad conduct was deliberate, but miss that its poor economics meant Uber engaged in a confidence trick on society.
Read more...CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions
CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?
Read more...As CalPERS Doubles Down on Private Equity, New Analysis Finds CalPERS’ Private Equity Returns “Based on a Mirage;” Another Study Reaffirms that Private Equity Drags Down Performance
Yet more reasons why CalPERS needs to kick its private equity bad habit.
Read more...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...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.
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