Tag Archives: Hedge Funds and Private Equity

In The News: When Private Equity Becomes Your Landlord (ProPublica)

Sara Myklebust, research director at Bargaining for the Common Good Network, an initiative of labor and community groups, worked with [Patrick] Woodall, [research director at] Americans for Financial Reform, to try to survey units owned by large-scale corporate landlords in major cities across the country in 2019. Myklebust and Woodall were interested in whether they could document the consolidation of the market for single-family rentals, manufactured homes and apartments.

Event: Americans for Financial Reform and Allies Protest Fed Chair Powell Sleepwalking on Climate Chaos, Racial Inequality, and Wall Street greed

Americans for Financial Reform and allies today rallied in front of the Federal Reserve Board of Governors to highlight Fed Chair Jerome Powell’s failure to protect the U.S. economy from major systemic threats like climate change, racial and economic inequality, excessive risk-taking from the big banks, and private equity firms extracting wealth from communities and workers across the nation.

News Release: Sen. Elizabeth Warren and Rep. Mark Pocan Join Town Hall, Build Momentum for  Halting Private Equity Abuses of Workers, Communities

At a town hall hosted by United for Respect and Americans for Financial Reform, workers and leaders across industries came out strongly in support of the Stop Wall Street Looting Act. The event focused on the devastating impact of private equity firms on the quality and quantity of jobs across industries.