The Penn Wharton Budget Model, bankrolled by finance moguls, is out to grow its power in Washington.
Private Equity
Posted inEducation in America
University of California Under Fire for Blackstone Investment
The university has invested $4.5 billion with the real estate arm of the private equity giant.
Posted inEconomic Policy
Private Equity’s Newest Play
Insurance companies are the latest morsel for these financial predators to devour.
Posted inEnergy and the Environment
Wall Street’s Big Bet on Rewiring America
Ithaca has put its Green New Deal in the hands of a green private equity fund, a private foundation, and a Goldman Sachs–backed software company.
Posted inTAP
Bankman and the Bastardization of Bankruptcy
Today on TAP: He gets to cheat his customers, write off debts, and then keep control of his company? (Yup, that’s how bankruptcy often works for big dogs.)
Posted inMoney, Politics, and Power
Griftrix
The implosion of a $16.5 billion Citrix Systems debt deal reveals how private equity firms always manage to wriggle out of trouble.
Posted inHealth and Social Policy
Another Private Equity–Style Hospital Raid Kills a Busy Urban Hospital
A nonprofit that endlessly boasts about its ‘inclusive culture’ decides it’s had enough of the ATL.
Posted inEnergy and the Environment
Corn Ethanol Investors Poised to Profit From Inflation Reduction Act
The ethanol industry will be first in line for carbon capture tax credits, even though that’s not really who the program was designed for.
Posted inEconomic Policy
Winners and Losers on Tax Policy
The big winner in the eleventh-hour concessions to Kyrsten Sinema was the private equity industry.
Posted inTAP
Is the Tax Reform in the Schumer-Manchin Deal for Real?
Today on TAP: Amazingly, the package includes provisions that have long eluded progressives.