A shady private equity transaction could open up nonprofits and nongovernmental organizations to financial exploitation, and threats to their security and privacy.
Private Equity
Posted inMoney, Politics, and Power
Pete’s Puerto Rico Problem
Buttigieg’s corrected list of fundraisers includes a top executive at one of the vulture fund holders of Puerto Rican debt.
Posted inHealth and Social Policy
The Emergency Room Hustle
Private equity firms and other investors have turned freestanding emergency departments into cash machines, at the expense of patients.
Posted inTAP
Private Equity’s Final Profits From Foreclosure Carnage
Today on TAP: Blackstone wraps up its Wall Street rental scheme
Posted inMoney, Politics, and Power
The Sketchy Rehabilitation of George W. Bush
The Kennedy Center’s exhibition of paintings by the war-making president shows how quickly Washington can forget—and the big money that eases such forgetting.
Posted inMoney, Politics, and Power
SoftBank’s Blurry Vision
SoftBank CEO Masayoshi Son lost $70 billion when the first tech bubble burst. His Vision Fund is heavily invested in practically every tech IPO disaster this year.
Posted inHealth and Social Policy
How Private Equity Makes You Sicker
Investment firms have created consolidated hospital empires across America, leading to closures, higher prices, and suffering.
Posted inHealth and Social Policy
Private Equity Chases Ambulances
Investment firms have bought up emergency medical service companies, squeezing soaring profits from vulnerable patients.
Posted inDay One Agenda
Overhaul the Business of Wall Street
Remaking the financial system does not require any new laws.
Posted inMoney, Politics, and Power
Congress Returns With Health Care Bills at the Desk
There are lots of reasons why health care bills will get passed this fall. There are also lots of reasons why they won’t.