Blog: Antitrust Authorities Turn Focus to Private Equity Role in Monopolies
At long last, private equity is getting the attention it deserves from antitrust authorities as a force for consolidation, higher prices, and less consumer choice.
News Category: Commentary
Blog: Private Equity and The Care Economy
Having a rapacious business like private equity watching over particularly vulnerable people has never been a good idea. Still the evidence is mounting that Wall Street has pushed the envelope in recent years. Nursing homes, youth facilities, and homes for disabled adults have all fallen under the ownership of an industry with a track record of prioritizing wealth extraction over running companies well, to say nothing of caring for people in need.
Structural Racism Flourishes in the Auto Lending Market
In much of America, owning a car is necessary to participate in the economy, and to live a full and vibrant life. However, this ticket to opportunity comes at an increasingly steep price – as of 2021, Americans owe $1.42 trillion in auto loan debt.
Blog: SEC’s proposal on SPACs would better protect investors as financiers profit regardless
The Securities and Exchange Commission’s (SEC) proposals on Special Purpose Acquisition Companies (SPACs) provide retail investors with much greater investor protections, which is welcome news to AFR, as we have been urging such changes for more than a year.
Blog Post: Wall Street and private equity are “gobbling up homes,” driving inflation and exacerbating the housing crisis
In a House Financial Services Committee hearing from the beginning of March, both Representatives and witnesses discussed how Wall Street and private equity are causing housing prices to soar and driving inflation.
Blog: Building Power with Popular Education
Popular education is essential to building an equitable future — especially for base-building organizations.