Stephen Feinberg founded private equity giant Cerberus. A Cerberus-owned firm is poised to settle one of the largest government lawsuits ever—against the very agency Feinberg now helps lead.
Zachary Groz
Zachary Groz is a writing fellow at The American Prospect. He previously wrote for New York Focus, where his investigative reporting was recognized by the New York Press Association. Before that, he served as co-editor in chief of The New Journal, a long-form magazine at Yale University.
He can be reached on Signal at zg123.87.
Posted inMoney, Politics, and Power
The Meat Industry’s Tireless Effort to Keep Live Pigs in Coffins
The Save Our Bacon Act, which would override hundreds of state food safety laws, has triggered bipartisan revulsion. But the pork industry wants it so they can keep confining pigs.
Posted inMoney, Politics, and Power
The War of Capital
Asset managers, private investment firms, and institutional investors like pension funds have divergent interests, though as the SpaceX IPO reveals, the money power acts in concert.
Posted inEconomic Policy
New York City Wants to End Surveillance Pricing
States have attempted to prevent companies from using personal information to set prices. New York City wants to give the public a chance to enforce the law.