5 ms·
Warn of 'catastrophic consequences' if US gives free hand to private equity
- WastedCucumber 2y agohttps://archive.ph/wkSsP https://archive.ph/wkSsP
- ttyprintk 2y agohttps://archive.ph/wkSsP https://archive.ph/wkSsP The prevalence of egg price anxiety as opposed to healthcare prices during the 2024 election foretold this.
- Clubber 2y agoArticle was paywalled, but I'm pretty sure private equity has been unencumbered for decades.
- CincinnatiMan 2y agoThe article is pretty short on details unfortunately. Was hoping for more, because the topic sounds interesting.
- neuralkoi 2y agoPE has been growing at a compound annual growth rate (i.e. exponential) and has just been gobbling even sectors they didn't traditionally get involved in, like healthcare. There's definitely potential for snowballing consequences. [0]John Coates: Most Americans aren’t aware of how concentrated the financial sector has gotten Harvard Business School https://www.youtube.com/watch?v=v1-uTIN8zUQ https://www.youtube.com/watch?v=v1-uTIN8zUQ
- memhole 2y agoIt’s truly tragic what’s been going on with veterinarians. I just need care for my pets. Instead I get bombarded with what amounts to sales and insurance pitches. There has to be a more viable way for family or local businesses to cash out while still supporting the community.
- fxtentacle 2y ago"Lina Khan warns of ‘catastrophic consequences’" And I believe the name is very important here because she was the only FTC head that managed to scare Facebook, Amazon, and Microsoft. All of them donated heavily to Trump and they got rewarded with her departure. Now, it looks like the FTC will go back to looking the other way. And that's what she is warning against.
- fred_is_fred 2y agoWho exactly would stop them?
- nine_zeros 2y agoNot the current elected representatives for sure