Did Trump give us our most progressive Fed Chair yet?
Yellen nonetheless came in for some heat over it. Activist groups like Fed Up were beginning to take the case directly to Fed officials that…
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Yellen nonetheless came in for some heat over it. Activist groups like Fed Up were beginning to take the case directly to Fed officials that…
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Puerto Rico's Search for a New Social Order (Is Ours Too)
Puerto Rico's Search for a New Social Order (Is Ours Too)
The people of Puerto Rico are clear about what they want. Julio Lopez Varona, a lawyer and organizer with Center for Popular Democracy, says, “What we want to do is to use the energy of the moment...
The people of Puerto Rico are clear about what they want. Julio Lopez Varona, a lawyer and organizer with Center for Popular Democracy, says, “What we want to do is to use the energy of the moment to bring forward demands that really move into a Puerto Rico that is for Puerto Ricans.” This includes, as the Intercept’s Kate Aronoff reports, “protecting public services, auditing the debt, and declaring a state of emergency on gender violence.”
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Private Equity's Next Leveraged Buyout Might Be the Oval Office
Private Equity's Next Leveraged Buyout Might Be the Oval Office
According to a new report from the Center for Popular Democracy and the Private Equity Stakeholder Project, PE is responsible for destroying over…
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According to a new report from the Center for Popular Democracy and the Private Equity Stakeholder Project, PE is responsible for destroying over…
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Is private equity ownership killing retail?
The report was researched and written by Jim Baker (Private Equity Stakeholder Project), Maggie Corser (Center for Popular Democracy), and Eli Vitulli (Center for Popular Democracy).
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The report was researched and written by Jim Baker (Private Equity Stakeholder Project), Maggie Corser (Center for Popular Democracy), and Eli Vitulli (Center for Popular Democracy).
Read the full article here.
How Wall Street’s Investment in Retail Killed 600,000 Jobs
How Wall Street’s Investment in Retail Killed 600,000 Jobs
Wall Street is destroying retail jobs, according to a new study from the Center for Popular Democracy. The report found that private equity’s investment in retail has led to the direct elimination...
Wall Street is destroying retail jobs, according to a new study from the Center for Popular Democracy. The report found that private equity’s investment in retail has led to the direct elimination of 597,000 jobs in the past decade and that am estimated 728,000 people have lost their jobs as an indirect result of firms’ investments.
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New Study, Proposal From Elizabeth Warren Scrutinize Retail's Private Equity Problem
New Study, Proposal From Elizabeth Warren Scrutinize Retail's Private Equity Problem
The Center for Popular Democracy, Americans for Financial Reform Education Fund, Strong Economy for All Coalition, United for Respect, Hedge Clippers and the Private Equity Stakeholders Project co...
The Center for Popular Democracy, Americans for Financial Reform Education Fund, Strong Economy for All Coalition, United for Respect, Hedge Clippers and the Private Equity Stakeholders Project co-authored the report, which found that 1 million jobs remain at the 80 largest private equity-owned retail companies.
Read the full story here.
The Weekend Pitch: Private equity has taken its share of hits this year
The Weekend Pitch: Private equity has taken its share of hits this year
Dubbed "Pirate Equity: How Wall Street Firms are Pillaging American Retail," the report from the Center for Popular Democracy and the Private Equity Stakeholder Project provides an array of...
Dubbed "Pirate Equity: How Wall Street Firms are Pillaging American Retail," the report from the Center for Popular Democracy and the Private Equity Stakeholder Project provides an array of sobering numbers about the effects of PE-backed retail failures.
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Private Equity Should Stop Profiting From Immigration Detention Centers And Private Prisons
Private Equity Should Stop Profiting From Immigration Detention Centers And Private Prisons
According to Charles Khan of the not-for-profit Center For Popular Democracy and Hedge Clippers, "The Stop Wall Street Looting Act would create strong new rules for private equity and hedge funds...
According to Charles Khan of the not-for-profit Center For Popular Democracy and Hedge Clippers, "The Stop Wall Street Looting Act would create strong new rules for private equity and hedge funds centered on economic fairness and community needs, not billionaire greed. Our communities are fed up with Wall Street destroying our jobs, caging children and families for profit, pillaging our neighborhoods, and corrupting our government. This bill will make a real difference for Black, Brown and White working people across the country."
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New Study Examines The Role Of Private Equity In Dismantling Retail Businesses
New Study Examines The Role Of Private Equity In Dismantling Retail Businesses
A new study shows that private equity firms have hastened the failure and liquidation of retail businesses. Host Scott Simon talks with its co-author, Maggie Corser.
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A new study shows that private equity firms have hastened the failure and liquidation of retail businesses. Host Scott Simon talks with its co-author, Maggie Corser.
Listen to the story and read the transcript here.
Study Highlights The High Cost Of Private Equity Firms’ Retail Buyouts: 1.3 Million Jobs
Study Highlights The High Cost Of Private Equity Firms’ Retail Buyouts: 1.3 Million Jobs
Nearly 600,000 jobs at U.S. retailers owned by private equity firms and hedge funds have been lost in the past decade, according to a study released this week by the Center for Popular Democracy...
Nearly 600,000 jobs at U.S. retailers owned by private equity firms and hedge funds have been lost in the past decade, according to a study released this week by the Center for Popular Democracy and other groups. Add indirect job losses at retail suppliers like toymakers Mattel and Hasbro, and that’s another 728,000 jobs lost.
Read the full article here.
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