Fact Sheet: Stop Wall Street Looting Act of 2021 Provisions
A section-by-section of Sen. Warren’s plan to address the predatory elements of the private equity business model that harm workers, investors, and communities.
Report Category: AFREF
Private Equity Drives Retailers into Bankruptcy, Destroying Jobs and Livelihoods
View or download a PDF version here. Private Equity Drives Retailers into Bankruptcy, Destroying Jobs and Livelihoods Private equity firms have devastated the retail industry, driving dozens of major chains into bankruptcy, shutting down thousands of stores, and costing over half a million of jobs nationwide over the past two decades. Private equity firms exploit
Fact Sheet: Private Equity-Owned Nursing Homes Extract Profits at the Expense of Care
View or download a PDF version here. Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents. These Wall Street investment firms slash expenditures that could provide care and extract value from nursing home chains through fees, dividends, and real estate transfers that imperil
Fact Sheet: The carried interest loophole is a tax dodge for super-rich private equity executives
View or download a PDF version here. The carried interest tax loophole is an income tax avoidance scheme that allows private equity and hedge fund executives — some of the richest people in the world — to substantially lower the amount they pay in taxes. The carried interest loophole allows private equity barons to claim
Joint Letter: Sign-On Letter Highlighting Critical Shareholder Rights at Stake in Goldman Sachs Supreme Court Case
AFREF joined a sign on letter highlighting critical shareholder rights at stake in the Goldman Sachs Supreme Court Case.
Paper: Lifting the Curtain on Private Equity
In partnership with The American Federation of Teachers, AFREF released a paper entitled “Lifting the Curtain on Private Equity: A Guide for Institutional Investors and Policymakers.”