Judges have grown accustomed to issuing get-out-of-litigation cards to corporate looters in bankruptcy court.
Private Equity
Posted inVideos
⏩ Private Equity Hijacks Infrastructure Plan
David Dayen on the infrastructure negotiations and how Biden has placated progressive groups.
Posted inHousing and Transportation
Eyeing Federal Infrastructure Windfall, Private Equity Courts Public Utilities
Bernhard Capital has pitched to take over management of municipal water and power systems. The federal infrastructure bill could help them.
Posted inWorking in America
Boston’s Anti-Bain Backlash
Private equity firm Bain Capital is suppressing a unionization campaign in Canada, but activists are protesting this in Bain’s Beantown hometown.
Posted inMoney, Politics, and Power
The Private Equity Firm That Made a Killing From the Saudi Death Squad
The darker side of defense cooperation
Posted inTAP
Hypocrites of the Year—Summers and Rubin
Today on TAP: The former Treasury officials who weakened the IRS
Posted inEconomic Policy
Jerome Powell Went Easy on Wall Street
That gets in the way of good monetary policy, and makes recessions and inequality worse.
Posted inEconomic Policy
Is a Private Equity Club Deal Coming to a Pension Fund Near You?
Partnerships between private equity firms to buy large enterprises have historically turned out very badly.
Posted inHealth and Social Policy
Capitalism and the Caring Economy
The entire caregiving sector needs to be separated from the commercial economy. Otherwise, we pay exorbitant costs for inadequate services and abuse workers and patients alike.
Posted inMoney, Politics, and Power
Financial Speculation Is About More Than GameStop Day Traders
The real speculation is happening at the top of the market, through skyrocketing merger transactions and increases in the power of the biggest companies.
