Data Centers Devour Electricity. Private Equity Is Buying Utilities to Cash In
The seizure of public utilities for the sake of profit may lead to a disaster for consumers — and the planet.
Don’t Let Wall Street Gamble with Your Golden Years
Private equity firms want your retirement savings — and the Trump administration wants to help them.
As Private Equity Comes for the Utility Sector, Minnesota Is a Test Case
An administrative law judge has issued a report siding with opponents of BlackRock’s acquisition of an electric utility.
Why Is BlackRock Gunning to Take Over a Minnesota Electric Utility?
Opponents say the deal would leave ratepayers and regulators at the mercy of far-off financial profiteers.
Private Equity Titans Eye a New Tax Perk
The real winners here, who would walk away with most of the tax savings, are the PE firms who can further profit from forcing companies they buy into debt.
As DOGE Mauls Social Security, Profit-Hungry Private Equity Is Swooping In
Three private equity veterans are weaseling their way in, reportedly on the orders of the presumptive SSA commissioner.
Trump Helps BlackRock Buy Panama Canal Ports, To Weaken China — and Strengthen Wall Street
BlackRock, the world’s largest asset manager, is buying the ports on both sides of the Panama Canal, after Donald Trump threatened the Latin American country. The US government has two…
Private Equity Firms Tighten Stranglehold on US, Angling for Boons Under Trump
Private equity has fingers in our homes, hospitals and jobs. Resisting it is crucial to our fight for a just society.
Warren’s New Bill Makes Private Equity’s Death Grip on Hospitals a Crime
By Eileen Appelbaum / Center for Economic and Policy Research (CEPR) Private equity’s entrance into health care since 2000 has been dramatic. Both the number of private equity (PE) deals…
Critics Rip Private Equity Firm’s Deal to Buy Simon & Schuster as ‘Dark Day for Publishing’
"I guess all of corporate book publishing is beholden to investors above all else but this really makes it blatant," said one literary podcaster.
Private Equity is Out of Control and Looting America. This Prosecutor Says We Can Fix It
In his new book, “Plunder: Private Equity’s Plan To Pillage America,” Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division,…
Warren, Sanders, and Baldwin: Investors ‘Made Off Like Bandits’ at Expense of Striking Alabama Miners
Writing to the CEOs of two private equity firms, the senators decried the "blatant mistreatment" of miners, including forced 12-hour shifts and seven-day workweeks.
How to Stop Private Equity From Destroying Your Job
It took greedy investors just three years to strip my employer for parts. We need to put an end to their destructive actions.