Illinois Gov. Bruce Rauner, Sworn Foe of Pensions, Made a Fortune Charging High Fees to Public Pensions
Gov. Bruce Rauner made a fortune charging high fees to public pensions. Once elected, he tried to slash pension benefits.
326 posts found for ‘Private equity ’
How Wall Street Drove Public Pensions Into Crisis and Pocketed Billions in Fees
Public pensions squander tens of billions of dollars each year on risky, poor-performing alternative investments like hedge funds.
Exxon, Big Pharma, and Wall Street Lobbyists to Host Fundraiser for Mark Kelly in Washington
Kelly isn't taking corporate PAC donations. But he's still giving paid corporate speeches and fundraising with lobbyists for ExxonMobil and the NFL.
Florida Handed $200 Million to Rick Scott Donor Amid Massive Contribution to Scott’s Super PAC
A Florida state agency invested $200 million with a massive Wall Street private equity firm one week after the firm’s CEO donated to a super PAC run by Florida Gov. Rick Scott.
How a Gang of Hedge Funders Strip-Mined Kentucky’s Public Pensions
Kentucky’s willingness to gamble massively on high-risk alternative investments for its pensions has made the state an easy mark for Wall Street hucksters.
How Massive Donations From Howard G. Buffett Helped Block the Opening of a Pot Dispensary in Illinois
Buffett’s foundation has donated tens of millions of dollars to law enforcement programs and drug rehabilitation efforts in Decatur, Illinois.
Could Expanding Employee Ownership Be the Next Big Economic Policy?
Sens. Bernie Sanders, I-Vt., and Kirsten Gillibrand, D-N.Y., have both pushed employee stock ownership plans, a potential tool to reduce income inequality.
Capitalist Death Panels: If Corporate Vultures Get Their Way, We’ll Be Dead
Matt Bruenig of People's Policy Project and Premal Dharia, founder of Defender Impact Initiative, are this week’s guests.
Here's a Better Name for No Labels: Republicans
Far from remaining aloof from politics, No Labels has been swooping down into the fray in recent years on behalf of Republicans and conservative Democrats.
Stark Lessons From Wall Street’s #MeToo Moment
On Wall Street, most men accused of sexual harassment continue to pursue their careers — even after paying large judgments.