When the PUC rendered its final decision on Friday, the Prospect was there to witness it.
Private Equity
Posted inEnergy and the Environment
Private Equity Power Play in Minnesota
BlackRock-owned Global Infrastructure Partners and a Canadian pension giant want to buy a Minnesota-based utility. Gov. Tim Walz’s agencies have been in on pushing the deal.
Posted inEconomic Policy
Private Equity’s $3 Billion Bet on a Casino Chimera
A casino is at the center of a fight over the soul of Coney Island, one of three downstate casino licenses being pursued in New York.
Posted inEconomic Policy
Private Equity Ripped the Heart Out of Skateboarding
Multiple buyouts and bankruptcies have ruined iconic brands and hollowed out skateboarding culture. It’s our financialized economy in miniature.
Posted inMoney, Politics, and Power
The Scheme to Scramble Your Nest Egg
Private equity and crypto in 401(k)s will not solve the retirement crisis.
Posted inVideos
The Prospect Weekly Roundup: The Underbelly of Finance
On our live show, David and writing fellow James Baratta look at private equity and the Consumer Financial Protection Bureau.
Posted inMoney, Politics, and Power
Private Equity’s Do-or-Die Moment
Regulators have been cracking down on consolidation just as dealmaking dries up and investors head for the exits. Can the lords of finance find a way out?
Posted inHealth and Social Policy
A Hospital Empire Is Closing Its Doors—but the Stock Is on a Tear
More than a dozen hospitals employing tens of thousands have either shut this year or are on the brink, while two shadowy figures prop up their owners’ stock.
Posted inHealth and Social Policy
Private Equity Vultures Descend on Care Facilities for the Disabled
A new report chronicles ten years of consolidation.
Posted inMoney, Politics, and Power
The Private Equity Hatchet Man Leading the Lost Boys of DOGE
If Tom Krause is looking for government waste, ‘he should look in the mirror,’ says an ex-employee.