The Tax Act is a Christmas tree of special-interest tax breaks. The only thing more corrupt than the substance was the way it was enacted.
Private Equity
Posted inEconomic Policy
Pete Peterson Meets St. Peter
The late private equity billionaire has some trouble at the Pearly Gates.
Posted inEconomic Policy
Private Equity: Looting “R” Us
But the new tax law, unintentionally, could put a dent in private-equity scamming.
Posted inMoney, Politics, and Power
National Security Agencies Have Spoken: Private Equity Ownership Imperils America
The government kiboshes Broadcom’s purchase of Qualcomm because it will lead to less R&D and investment (the better to increase profits) at a militarily important tech leader.
Posted inEconomic Policy
Hello Digital First, Goodbye Boston Herald
The private equity company that won the bidding war for the bankrupt Herald is the most predatory of a rapacious lot.
Posted inHealth and Social Policy
Saving the Free Press From Private Equity
Navigating the digital transition is a huge challenge for newspapers. Absentee ownership by private equity predators makes it all but impossible.
Posted inWorking in America
Private Equity: The New Neighborhood Loan Sharks
Veterans of the Contract Buyers League hit the doors again.
Posted inMoney, Politics, and Power
The Incoming Privatization Assault
Get ready for everything from private infrastructure and private prisons to voucherized schools and Medicaid.
Posted inMoney, Politics, and Power
President Trump and the Triumph of Private Capital
It’s beginning to smell a lot like oligarchy.
Posted inMoney, Politics, and Power
What Good Are Hedge Funds?
Hedge funds make big returns by manipulating markets in ways that are illegal for small investors. Remind us: Why are they permitted?