The private equity industry is massive, hugely influential, and playing a role in more and more aspects of life in the US and around the world. The industry manages $4 trillion in assets and owns companies that employ more than 11 million American workers, plus millions more in other countries. Much like the corporate raiders of the 1980s, these private Wall Street firms are increasingly buying control over businesses, housing, education, consumer lending, energy, infrastructure and more, making a small class of money managers extremely rich, while killing jobs and sucking wealth from workers, tenants and communities. Their debt-fueled model is not unlike payday lending, only for corporations that have fallen on hard times, rather than individuals. And as one expert notes, private equity is the most efficient wealth transfer from taxpayers, workers, and retirees to the .01%.

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“Private Equity’s Failing Grade in the For-Profit College Industry”, by Americans for Financial Reform (AFR) and Private Equity Stakeholder Project, March 2018.

Wall Street Landlords turn American Dream into a Nightmare”, by Alliance of Californians for Community Empowerment (ACCE) Institute, Americans for Financial Reform (AFR), and Public Advocates, January 2018.

“Payday Lending and the Private Equity Business”, by Americans for Financial Reform (AFR) and Private Equity Stakeholder Project, December 2017.

“Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner”, by Todd Frankel and Dan Keating, Washington Post, December 25, 2018.

“This Invisible Industry Might Be the Worst Thing About Late Capitalism”, by David Dayen, VICE, November 28, 2018.

“Overdoses, bedsores, broken bones: What happened when a private-equity firm sought to care for society’s most vulnerable”, by Peter Whoriskey and Dan Kean, Washington Post, November 25, 2018.

“Investors pour money into addiction treatment, but quality questions remain”, by Harris Meyer, Modern Healthcare, November 24, 2018.

“How Laid-Off Toys R Us Workers Came Together To Fight Wall Street”, Dave Jamieson, Huffpost, November 20, 2018.

“Retail and private equity: An in-depth look at the risky relationship”, Ben Unglesbee, retail Dive, November 9, 2018.

“Private-equity money backs an effort to overturn California law intended to help the poor”, by Peter Whoriskey, Washington Post, October 29, 2018.

“Private Equity Pillage: Grocery Stores and Workers At Risk”, by Rosemary Batt & Eileen Appelbaum, American Prospect, October 26, 2018.

“How California public employees fund anti-rent control fight unwittingly”, by David Sirota, The Guardian, October 23, 2018.

“Jobs, Pensions Lost in Sears Bankruptcy, but Hedge Fund King Gets Paid”, by Eileen Appelbaum, Center for Economic and Policy Research, October 15, 2018.

“Private equity buying banks is not a good mix”, by Financial Times, September 16, 2018.

“Are some investors placing votes in favor of private equity based on fake news?”, by Preston McSwain, September 5, 2018.

“When Private Equity Wins and Consumers Lose”, by Julie Segal, Institutional Investor, September 4, 2018.

“The Next Financial Crisis Lurks Underground: Fueled by debt and years of easy credit, America’s energy boom is on shaky footing.”, by Bethany McLean, New York Times, September 1, 2018.

“Here Comes the Second Wave of Big Money in the “Buy-to-Rent” Scheme”, by Wolf Richter, naked capitalism, August 24, 2018.

“Private Equity’s Biggest Mystery Has a Simple Answer: Their shares struggle because of big pay for top executives”, by Stephen Gandel, Bloomberg, July 20, 2018.

“Congress confronts Bain Capital, KKR over Toys R Us liquidation”, by Adam Lewis, PitchBook, July 6, 2018.

“State pension funds question KKR on role in Toys R Us demise”, by Bloomberg, Pensions&Investments, June 22, 2018.

“What Happens when Wall Street becomes your landlord?”, by Negin Owliaei, Inequality.org, January 22, 2018.