In February, the Centers for Medicare and Medicaid Studies (CMS) issued a rule that would require disclosure of ownership for skilled nursing and nursing facilities. Currently, private equity firms hide behind layers of ownership, often making it impossible to link specific facilities to the private equity owners. We believe that private equity ownership is incompatible with quality patient […]
Find Out What the Biden Administration Can Do To Make Sure Public Dollars Support Good Jobs Instead of Enriching Wealthy CEOs and Wall Street. The next two years provide a critical opportunity to catalyze public investments to move us away from a financialized economy rife with overpaid Wall Street executives and CEOs and underpaid workers, […]
Join Americans for Financial Reform Education Fund (AFREF) and the Private Equity Stakeholder Project (PESP) for the release of their NEW scorecard that sheds light on eight of the largest private equity firms in the world, their collective holdings of billions of dollars in energy and fossil fuels, and what can be done to protect […]
Hear highlights from a new paper by the COVID Oversight Coalition that highlights systemic problems with the Paycheck Protection Program. Designed to help small businesses stay afloat during the pandemic, the program actually lent hundreds of millions of dollars to corporations that did not use the money to support and retain workers. Hear from workers […]
Watch the video at the link here. The Securities and Exchange Commission (SEC) took a much-needed step forward by introducing new proposed financial protections for investors, including everyday people like nurses, teachers, and firefighters with retirement plans like a 401K, pension or IRA, from climate-related financial risk. Wall Street and fossil fuel firms are already […]
Watch the webinar at the link here. Did you know that climate change poses a hidden threat to your investments, 401(k) accounts, and pensions? We’re all told that being financially responsible means investing in stocks and bonds, and saving for retirement. But if the world goes up in flames, our 401(k)s won’t help us. And […]
Watch the webinar at the link here. Join the Americans for Financial Reform Education Fund and Professor Laura Olson for a zoom book talk and discussion. Learn more about the dangers of the growing private equity takeover of American health care with her new book, Ethically Challenged. Prof. Laura Olson calls for federal and state […]
This is the story of Diane Lewis, who had to pay outrageous fees to a private equity-owned company simply to speak with her incarcerated son. The money went to Securus Technologies. It is owned by Platinum Equity, the private equity firm run by Tom Gores, the billionaire owner of the Detroit Pistons. Private equity is […]
On the 10th Anniversary of the failure of Lehman Bros., five economic experts discuss the lessons learned and unlearned. What hasn’t changed, what is worse, and how it could all happen again