Private equity and other private funds control growing portions of the economy, including in areas crucial to all of our lives, like housing and care–typically increasing prices and decreasing quality. These billionaire factories repeatedly take advantage of loopholes and exemptions to funnel money to their executives at the expense of workers, patients, consumers, real economy businesses, and a sustainable planet. We can change the rules to stop their extremes of extraction.
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AFR In the News
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Blog: Wall Street Wants Your Retirement Savings
Wall Street Wants Your Retirement SavingsPrivate equity does badly for big investors. Now it wants to do the same for retirement savers. By Oscar Valdés Viera “If you’re looking to leave a worthless corporate carcass, your easier marks are retail day traders and index funds [in retirement plans] holding public shares,” said Gary Sernovitz, a
