Colleges want exemptions from antitrust and labor laws, so they can continue to hoard billions in cash from sports and deny the players their rights. So far, they’ve failed.
Private Equity
Posted inEconomic Policy
Private Equity Saks Another Retail Outlet
It’s the old story: Load up companies with debt, pull out all the value, and leave them as a dead shell.
Posted inEnergy and the Environment
Private Equity’s Utility Spending Spree Threatens New Mexico
Two firms are vying for control over much of New Mexico’s energy infrastructure, but consumer advocates are fighting back.
Posted inEnergy and the Environment
Lightning in a Bottle
Regulatory capture is at the root of the affordability crisis in electricity. Public power could offer a way out.
Posted inHousing
Remedying the Workforce Housing Crisis
Rising rents have been particularly pronounced in the workforce housing segment, squeezing tenants across the country. According to a new report, most regions nationwide experienced workforce housing rent increases of 20 percent or more from 2021 to 2025.
Posted inEnergy and the Environment
BlackRock Just Bought a Minnesota Utility
When the PUC rendered its final decision on Friday, the Prospect was there to witness it.
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.