The GOP’s three most vociferous hunters of Minnesota Somali fraud received nearly half a million dollars from some of health care’s most notorious figures.
Private Equity
Posted inMoney, Politics, and Power
A Major Roger Marshall Donor Is a Hospital Bandit
Inside the Kansas senator’s multilayered relationship with one of the most audacious profiteers in rural health.
Posted inMoney, Politics, and Power
The Pentagon Buyout King
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.
Posted inLaw and Justice
The City That Brought Down an ICE Airline
In Chicago, progressive alderpeople held up a contract until a private equity firm was forced to dispatch Omni Air International, protecting thousands of immigrants from deportation.
Posted inBooks
Leon Black Is Not Very Interesting
Unfortunately, author William Cohan thinks the ousted Apollo co-founder is fascinating enough to quote him at length, while neglecting the impact of private equity predators.
Posted inHousing
Private Equity Landlords Double-Dipping in Imminent Bailout
Companies like Starwood Capital Group, which benefited greatly from financial assistance during the COVID-19 pandemic, want a federal bailout on top of that.
Posted inEconomic Policy
The Trump Administration Creates a Monopolization Machine
New rules could grant ‘small business’ benefits to companies with up to $5 billion in assets. Actual small businesses may have no choice but to sell.
Posted inHealth and Social Policy
Health Care Reform Needs More Than Universal Coverage
Medicare for All without tackling the extreme consolidation in health care would just funnel money to corporate behemoths, a new report states.
Posted inMoney, Politics, and Power
Top Pentagon Official Contracted Personal Lawyer to Handle Pentagon Minerals Deal
Alan Waldenberg manages Stephen Feinberg’s personal trust and is lead outside counsel to his former private equity firm. He has also represented the agency where Feinberg is the number two civilian official.
Posted inHealth and Social Policy
Congress Face-Plants on Surprise Health Care Bills
Lawmakers wanted to reform surprise billing so patients weren’t hit with unexpected charges. But they also created a parallel system with new middlemen that is increasing health care costs.