Private equity barons just pocketed as much as $850 million from the company behind this week’s massive chemical blast in Georgia.
Private Equity
Posted inMoney, Politics, and Power
Private Equity Is Taking Your Calls
Two firms control the market for telecommunications assistance for deaf people. They have extracted higher rates for this government-funded service, while denying workers a union.
Posted inHealth and Social Policy
‘Steward Health Are Health Care Terrorists’
A fiery Senate committee hearing promised accountability for hospital looter Ralph de la Torre, but new raids are already under way at the hospitals and the broader health care system.
Posted inHealth and Social Policy
Hospital Looter Says ‘Nah’ to His Senate Subpoena
The Steward yacht collector tells Bernie Sanders that testifying next week could jeopardize ‘patient care,’ or something; meets bipartisan contempt.
Posted inHealth and Social Policy
Can’t Pay Won’t Pay
Steward’s evasion of creditors in its spectacular bankruptcy even includes the wrongful death settlement for a young mom.
Posted inHealth and Social Policy
From the Folks Who Brought You the Death Panel Algorithm
Three executives from an AI ploy to deny health care to seniors are buying a troubled mega-practice from the bankrupt Steward Health. What could go wrong?
Posted inHealth and Social Policy
Let Them Eat Invoices
Steward grifter Ralph de la Torre, supposedly under criminal investigation on two continents, is now telecommuting from Versailles.
Posted inMoney, Politics, and Power
Wall Street Hits the Locker Room
Private equity firms are maneuvering to invest in college athletes, their schools, and the conferences they play in. The deals could add risk to the whole system.
Posted inHealth and Social Policy
The Assassin Amid the Undesirables
On the abiding despair of the failed Trump assassin’s post-COVID, private equity–looted nursing home
Posted inEconomic Policy
Hello From the Middleman Economy
The reason things feel like they’re so broke is that they are.