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.
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.
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
Private equity has had a disastrous impact on the retail industry, driving dozens of firms into bankruptcy, shutting down tens of thousands of stores, and costing hundreds of thousands of jobs nationwide.
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
Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
By creating accountability for the Wall Street tycoons who lead private equity takeovers and reversing the policies that enable wealth extraction, this set of policies can protect workers, families, and communities.