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Private Equity Firms

American Capitalism vs. American Business

Steven Conn | Posted 03.16.2015 | Politics
Steven Conn

Perhaps it's time we acknowledge a fundamental contradiction of the American economy: American finance capitalism is bad for American business.

If You Can't Beat Them, Join Them - Private Equity's New Strategy?

Eileen Appelbaum | Posted 07.13.2014 | Business
Eileen Appelbaum

The PE industry's bread and butter -- using lots of debt to buyout companies (LBOs), take them over, and sell them a few years later at a huge profit -- is taking a back seat to PE's new strategy of betting on the stock market.

Zach Carter

You Didn't Even Know These Wall Streeters Were Ripping You Off | Zach Carter | Posted 05.09.2014 | Politics

WASHINGTON -- Private equity firms are routinely ripping off their clients, harming pension funds, universities and charitable foundations, according ...

Cerberus Loots Bankrupt Airline's Health Care Account

James P. Hoffa | Posted 06.28.2014 | Business
James P. Hoffa

We don't know how much was in that account. We do know it barely amounted to pocket change for Cerberus, which stands to profit handsomely from the wind-down of World Airways and the sale of assets from a sister airline.

9 Kingpins Made $2.6 Billion Last Year And Got Subsidized By Taxpayers

The Huffington Post | Mark Gongloff | Posted 03.04.2014 | Business

Private-equity kingpins made billions last year subsidized by you, the taxpayer. The nine highest-paid private-equity executives in the U.S. haule...

Michael McAuliff

House Votes To Exempt Firms Like Bain Capital From Disclosure | Michael McAuliff | Posted 01.23.2014 | Politics

WASHINGTON -- The House of Representatives used one of its few remaining legislative days in 2013 to pass a measure Wednesday that would exempt privat...

The Fatal Blindness of Private Equity -- Where's Your Consumer Insight?

Adam Hanft | Posted 02.13.2013 | Business
Adam Hanft

Here's a message to just about every private equity shop out there. There's a really simple way for you to make the billions in all your funds work smarter, harder and faster.

'The New Tycoons': Prologue

Jason O. Kelly | Posted 12.11.2012 | Business
Jason O. Kelly

Standing in Legoland in 2011, fulfilling a promise to my then eight-year-old son William, it hit me. Practically every time I'd opened my wallet that day, it had been to a company owned by private equity. Even on vacation, I couldn't escape.

Bain Capital: A Little Too Clubby?

The Huffington Post | Mark Gongloff | Posted 09.12.2012 | Business

The New York Times has managed to get its hot mitts on a heavily redacted complaint in a class-action lawsuit accusing Bain Capital and other private ...

Private Equity's not so Dirty Secret: How it's Making a Difference and Helping People

Patrick McGinnis | Posted 10.14.2012 | Business
Patrick McGinnis

he industry, once known mainly in financial circles, is now ingrained in the public consciousness, and its dealmakers can thank Mitt Romney for the unwelcome glare of public scrutiny.

Private Equity Firms: What Are They Good For?

Jared Bernstein | Posted 07.25.2012 | Business
Jared Bernstein

2012-05-25-Screenshot20120525at9.21.00AM.pngPrivate equity firms are not net job creators and they sure don't need the crazily huge distortionary tax break that they get.

Bad Debts, Big Profits: How Private Equity Firms Turn Red Ink Into Gold

David Callahan | Posted 07.23.2012 | Business
David Callahan

Modern American capitalism is rife with sophisticated financial intermediaries who exploit flaws and complexity in the system, as well as insider connections, to make profits off of predatory behavior -- which brings us back to why the attacks on Bain Capital are both accurate and fair.

Private Equity Firms Pushing Dentists To Detrimentally Overtreat Patients

The Huffington Post | Bonnie Kavoussi | Posted 05.18.2012 | Business

A crown on a four-year-old's tooth? That's just one of the consequences of private equity's leap into the dentist's chair. That's because dental m...

IPO Boom Hits Speed Bump

The Huffington Post | D.M. Levine | Posted 04.12.2012 | Business

A mini-boom in the IPO market seems to have hit a mini speed-bump. The first quarter of this year was the busiest for initial public offerings sin...

D.M. Levine

Two More Private Equity Firms Ready To Go Public | D.M. Levine | Posted 04.11.2012 | Business

Two more private equity companies are going public, as a once-secretive industry continues to make its way into the sunlight. Carlyle Group, the th...

Romney's Former Industry Has An Image Problem

The Huffington Post | D.M. Levine | Posted 03.13.2012 | Business

Try as it might, the private equity industry hasn't won the hearts and minds of average Americans. More than half of Americans say they have a neg...

Volcker Rule Deadline Likely Blown

The Huffington Post | Alexander Eichler | Posted 03.01.2012 | Business

Here's news that will surprise no one who's been watching the tortured fights over the Volcker Rule: The controversial financial regulation is not lik...

Private Equity Funds - Neither Job Creators nor Vultures, Just Profit Makers

Parvez Ahmed | Posted 04.15.2012 | Business
Parvez Ahmed

Over the last two decades the system has become lopsided so as to leave the 99 percent feeling helpless and hopeless. Meanwhile special interest groups continue to rig the system disproportionately in favor of the 1 percent.

The Last Frontier Of U.S. Finance, Private Equity Under SEC Scrutiny

The Huffington Post | D.M. Levine | Posted 02.15.2012 | Business

The private equity industry is, in a sense, the last regulatory frontier of U.S. finance, immune, so far, from both the scrutiny and government oversi...

Evaluating the Merits of Private Equity

Chris Ladd | Posted 03.21.2012 | Business
Chris Ladd

The fact that Republicans are debating (or almost sort-of debating) the merits of certain business practices is a ground-breaking development all by itself.

Mitt Romney and Bain Capital: Understanding the Reality

Robert K. Lifton | Posted 03.14.2012 | Business
Robert K. Lifton

Mitt Romney's career as a candidate tells us little more than that he can be all things to all people. We have to look elsewhere than Bain Capital to make a well-reasoned decision about Romney's qualifications for president.

Why Republicans Can't Repeal Obama's Health Reform: Tea Party Take Note

Rosemary Gibson | Posted 12.21.2011 | Politics
Rosemary Gibson

As the congressional super committee looks for $1.5 trillion in deficit reduction, Republicans on the Senate Finance Committee urged repeal of President Obama's health care reform. The truth is that Republicans are playing a two-sided game over repeal. Here's how.

Attention Wall Street Protestors: Wall Street is Messing With Your Health, Too

Rosemary Gibson | Posted 12.07.2011 | Politics
Rosemary Gibson

If Wall Street messed with your wealth, imagine how it is messing with your health. Investor-owned, for-profit health care is determining the medical treatment you get.

Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

Bloomberg | Simon Johnson | Posted 07.16.2011 | Business

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...

Anti-Tax Billionaire Steve Schwarzman: Even Rich Americans Need To 'Give Something Up' To Help Narrow Deficit

The Huffington Post | Yepoka Yeebo | Posted 06.26.2011 | Business

The billionaire who last year compared Obama's attempts to raise taxes on private equity firms with Hitler's invasion of Poland, on Monday said even r...