The darker side of defense cooperation
Private Equity
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.
Posted inHealth and Social Policy
Government’s Unused Power to Regulate Nursing Homes
Let’s not give more taxpayer money to corrupt nursing home operators until we replace them with caregivers who place care over profits.
Posted inTAP
Chicago Trib: Another Billionaire to the Rescue?
Today on TAP: Media’s dependence on philanthropy
Posted inMoney, Politics, and Power
Ex–Treasury Secretary Leads Massive Private Security Deal
Tim Geithner leads the private equity firm backing the acquisition of private security firm G4S by Allied Universal, creating one of the largest private employers in the world.