Stephen Feinberg moved from private equity giant Cerberus to the Defense Department. The resulting ‘Wall Street playbook,’ critics charge, has led to cronyism and waste.
Money, Politics & Power
Posted inMoney, Politics, and Power
The KC Mafia
Behind Trump’s private equity–style bust-out of the Kennedy Center, a pack of billionaires and MAGA grifters have planned bigger heists, from Hollywood to Western Sahara.
Posted inMoney, Politics, and Power
Will Wall Street Lose on Election Day?
Several pro-bank Republicans on the House Financial Services Committee are in trouble. Crypto’s cash may not break through, either.
Posted inTAP
The Democrats Who Let Trump’s Oligarchs Buy Hollywood
The Ellisons enlisted a host of Democratic notables to undercut the proposed merger’s opponents.
Posted inAmerica and the World
Crude Awakening
A reviled ‘boligarch’ and his right-wing adversaries are engaged in a low-level war, but the only people who will feel the impact are the Venezuelan people.
Posted inMoney, Politics, and Power
Make Trump Pay for Trying to Stamp Out the Postal Service
Oversight Democrats should expose how Trump’s bastardization of USPS has hurt the American people—and present a more reliable alternative.
Posted inMoney, Politics, and Power
AI Has Become a Punching Bag
Even the industry’s biggest tycoons are holding back on political spending, because it might hurt candidates more than it helps.
Posted inMoney, Politics, and Power
The Paramount Settlement Started With Trump
The media conglomerate’s sweetheart deal is just the latest consequence of Trump’s interference in federal antitrust enforcement.
Posted inMoney, Politics, and Power
Can the States Stop the Corporate Domination of Our Politics?
States giveth corporations the right to exist, so the states can taketh away their political spending power—or at least, Hawaii and Montana are trying.
Posted inMoney, Politics, and Power
Macklemore vs. Everybody
The wokest rapper took on the NFL’s plutocratic ownership, the Israel lobby, and the Live Nation ‘flywheel’—and won.