There are signs that another foreclosure crisis may be looming in this swing state.
Private Equity
Posted inPolitics
Centrist Democrat Backs Bailout Plan Pushed by His Private Equity Donors
New Jersey Representative Josh Gottheimer is backing a plan from one of his top private equity donors to expand a Federal Reserve bailout program.
Posted inCoronavirus
How Private Equity Firms Will Profit From COVID-19
Unless Congress and regulators act, private equity will shed its nonperforming assets and feast on new ones. J. Crew is the latest example.
Posted inCoronavirus
Unsanitized: Why We Need a National Investment Authority
A public agency to channel capital, from bailouts to infrastructure. This is The COVID-19 Daily Report for May 3, 2020.
Posted inEconomic Policy
Hospital Bailouts Begin—for Those Owned by Private Equity Firms
Hospitals weighed down by debt to their private equity owners set to receive taxpayers’ dollars
Posted inCoronavirus
Unsanitized: Private Equity Licks Its Chops
Plus Medicare for All (who have coronavirus), and voting remotely in Congress. This is The COVID-19 Daily Report for March 19, 2020.
Posted inEconomic Policy
How Financial Engineering Deepens the Corona Depression
Wall Street scams and schemes that the Dodd-Frank Act intended to kill rose from the dead after 2010. Now they are killing what’s left of the economy—again.
Posted inEconomic Policy
How the Coronavirus Could Reignite a Lurking Debt Bomb
Many have called corporate debt the ‘next financial crisis.’ That never made much sense—until, just possibly, now.
Posted inHealth and Social Policy
Surprise! You’re Still Getting That Unexpected Medical Bill
Why surprise billing legislation broke down, and how the coronavirus outbreak makes this unforgivable—and potentially deadly.
Posted inTAP
Financial Engineers Ravage American Newspapers—McClatchy’s Turn
Today on TAP: The complex deal that put McClatchy into bankruptcy