NBA teams being treated just as another asset in a portfolio by private equity ghouls is bad. Controversial statement I know.
Surely there’s nothing concerning about multiple NBA franchises being flipped this month.
August 21, 2026 at 3:05 PM
NBA teams being treated just as another asset in a portfolio by private equity ghouls is bad. Controversial statement I know.
UK public sector bodies spent £17bn with offshore-owned private equity firms last year.
The same vultures received £31bn public sector contracts.
Profiteering, low wages, tax dodging, asset-stripping is their business model.
Enriched by public money.
How many have politicians on payroll?
The same vultures received £31bn public sector contracts.
Profiteering, low wages, tax dodging, asset-stripping is their business model.
Enriched by public money.
How many have politicians on payroll?
£17 billion taxpayer cash went to offshore private equity last year
We need to buy British, GMB tells Labour conference
www.gmb.org.uk
October 1, 2026 at 6:50 AM
UK public sector bodies spent £17bn with offshore-owned private equity firms last year.
The same vultures received £31bn public sector contracts.
Profiteering, low wages, tax dodging, asset-stripping is their business model.
Enriched by public money.
How many have politicians on payroll?
The same vultures received £31bn public sector contracts.
Profiteering, low wages, tax dodging, asset-stripping is their business model.
Enriched by public money.
How many have politicians on payroll?
Shares of the world’s largest asset manager are now down 10% on the year.
BlackRock Shares Tumble Over 7% After Firm Limits Withdrawals From Private Credit Fund
Shares of the world’s largest asset manager are now down 10% on the year.
www.forbes.com
March 6, 2026 at 9:30 PM
Shares of the world’s largest asset manager are now down 10% on the year.
The Coeur d’Alene Police Chief later confirmed that the men who removed her were from a private security firm called LEAR Asset Management.
February 27, 2025 at 10:42 PM
The Coeur d’Alene Police Chief later confirmed that the men who removed her were from a private security firm called LEAR Asset Management.
Someone literally sent me a private message saying that having multiple yachts isn't a sign of wealth and lots of poor people live on a yacht. Another complained that their million dollar yacht was their only asset so they're really poor.
Seriously a majority of people in the US are passing around the same $20 as mutual aid and the top decile gets to complain about being mildly inconvenienced by minor taxes on their fifth yachts, I think this might not be the best way to run things
July 23, 2025 at 8:53 PM
Someone literally sent me a private message saying that having multiple yachts isn't a sign of wealth and lots of poor people live on a yacht. Another complained that their million dollar yacht was their only asset so they're really poor.
Private equity controls our lives from the cradle to the grave.
Profiteers from hospitals, nurseries, housing, care homes, undertakers.
Business model - high prices, low staffing/wages, high debt, asset-stripping, tax abuse.
Life commodified & financialised.
Profits for the few, misery for many.
Profiteers from hospitals, nurseries, housing, care homes, undertakers.
Business model - high prices, low staffing/wages, high debt, asset-stripping, tax abuse.
Life commodified & financialised.
Profits for the few, misery for many.
Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives | Hettie O'Brien
These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the bill, says Hettie O’Brien, author of The Asset Class: How Private Equity Turned C...
www.theguardian.com
April 7, 2026 at 6:46 AM
Private equity controls our lives from the cradle to the grave.
Profiteers from hospitals, nurseries, housing, care homes, undertakers.
Business model - high prices, low staffing/wages, high debt, asset-stripping, tax abuse.
Life commodified & financialised.
Profits for the few, misery for many.
Profiteers from hospitals, nurseries, housing, care homes, undertakers.
Business model - high prices, low staffing/wages, high debt, asset-stripping, tax abuse.
Life commodified & financialised.
Profits for the few, misery for many.
ICYMI… IDAHO… “A legislative town hall organized by the Kootenai County Republican Central Committee devolved into chaos… men who dragged Teresa Borrenpohl from the meeting worked for private security firm LEAR Asset Management…“
Full: www.instagram.com/reel/DGcAW0e...
Full: www.instagram.com/reel/DGcAW0e...
February 24, 2025 at 1:50 AM
ICYMI… IDAHO… “A legislative town hall organized by the Kootenai County Republican Central Committee devolved into chaos… men who dragged Teresa Borrenpohl from the meeting worked for private security firm LEAR Asset Management…“
Full: www.instagram.com/reel/DGcAW0e...
Full: www.instagram.com/reel/DGcAW0e...
Isn't this functionally what private equity did to help bankrupt Red Lobster? This is asset stripping aplied to the public sphere
*TRUMP SEEKS TO PUT 443 FEDERAL PROPERTIES UP FOR SALE
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
Non-core property list
Learn about our lease cost avoidance plan and its successes.
www.gsa.gov
March 4, 2025 at 8:51 PM
Isn't this functionally what private equity did to help bankrupt Red Lobster? This is asset stripping aplied to the public sphere
fine, do it, whatever, when he leaves office, we should do a national damnatio memoriae project where the name trump is stripped from every asset and item in america, public or private
"Administration officials are circulating a list of government sites that could have Trump’s name affixed to them...
One landmark that has emerged in the discussions among administration officials has raised eyebrows: Ford’s Theatre, the playhouse where Abraham Lincoln was assassinated in 1865."
One landmark that has emerged in the discussions among administration officials has raised eyebrows: Ford’s Theatre, the playhouse where Abraham Lincoln was assassinated in 1865."
Trump aides explore attaching president’s name to Ford’s Theatre
The playhouse where Abraham Lincoln was assassinated has been mentioned among federal properties that could carry the president’s name, people familiar with the effort told MS NOW.
www.ms.now
September 23, 2026 at 7:07 PM
fine, do it, whatever, when he leaves office, we should do a national damnatio memoriae project where the name trump is stripped from every asset and item in america, public or private
OH MY GOD GEORGE WHAT IS AN ASSET SWAP okay we have to do some accounting again. The tables below show what QE is. It just expands balance sheets, and the end result is that the private sector swaps a long-term asset (bond) for a short-term one (a bank deposit).
November 4, 2025 at 3:28 AM
OH MY GOD GEORGE WHAT IS AN ASSET SWAP okay we have to do some accounting again. The tables below show what QE is. It just expands balance sheets, and the end result is that the private sector swaps a long-term asset (bond) for a short-term one (a bank deposit).
Watchdog warns of risks to patients as private equity stake in US healthcare grows.
Profits extracted, staff/wage cuts, low investment, asset-stripping, poor patient care
Yet UK handing NHS services to private equity, which is draining public purse.
Why are govts intoxicated with private equity?
Profits extracted, staff/wage cuts, low investment, asset-stripping, poor patient care
Yet UK handing NHS services to private equity, which is draining public purse.
Why are govts intoxicated with private equity?
Watchdog warns of risks to patients as private equity’s stake in US healthcare grows
New report details slew of ventures between private equity and non-profits and calls for greater government oversight
www.theguardian.com
July 7, 2026 at 7:05 AM
Watchdog warns of risks to patients as private equity stake in US healthcare grows.
Profits extracted, staff/wage cuts, low investment, asset-stripping, poor patient care
Yet UK handing NHS services to private equity, which is draining public purse.
Why are govts intoxicated with private equity?
Profits extracted, staff/wage cuts, low investment, asset-stripping, poor patient care
Yet UK handing NHS services to private equity, which is draining public purse.
Why are govts intoxicated with private equity?
How privatisation works (and Thames Water is just the latest example).
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
November 18, 2024 at 12:02 PM
How privatisation works (and Thames Water is just the latest example).
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
1. A government takes a national asset built up with taxpayers' money and the work of public servants over many years, and hands it, for a fraction of its value, to a private company.
2. In doing so, it creates a monopoly.
🧵
The US federal government was actually less wasteful than most big companies and other large organizations, not least because government had an amazing asset: highly experienced, educated, knowledgeable, talented people choosing public service when they could make a lot more in the private sector.
what is fascinating to me is the number of people whose “knowledge” of government appears to just be an accumulation of cliches and stereotypes + an inchoate sense that if something is big and costly then it must necessarily be “wasteful”
Interesting piece which reveals a lot of the tech bro ignorance of government: DOGEr comes in, expects to find lots of inefficiency, is at least willing to acknowledge he was wrong unlike the hard core ideologues.
May 8, 2025 at 2:20 PM
The US federal government was actually less wasteful than most big companies and other large organizations, not least because government had an amazing asset: highly experienced, educated, knowledgeable, talented people choosing public service when they could make a lot more in the private sector.
Do I hear a cockroach? A shadowy private credit firm is suddenly blocking investors from withdrawing their money.
The Trump Administration needs to wake up. Stop pushing these risky investments into Americans’ retirement accounts.
The Trump Administration needs to wake up. Stop pushing these risky investments into Americans’ retirement accounts.
Asset Manager Shares Plunge as Blue Owl Curbs Fund Redemptions
Shares of alternative asset managers tumbled on Thursday after Blue Owl Capital Inc. restricted withdrawals from one of its retail-focused private credit funds, a fresh blow to a sector that’s faced h...
www.bloomberg.com
February 19, 2026 at 6:57 PM
Do I hear a cockroach? A shadowy private credit firm is suddenly blocking investors from withdrawing their money.
The Trump Administration needs to wake up. Stop pushing these risky investments into Americans’ retirement accounts.
The Trump Administration needs to wake up. Stop pushing these risky investments into Americans’ retirement accounts.
The £5bn dogfight: why private equity wants easyJet.
Expect the usual private equity business model - higher debt, squeezing wages/staff, asset stripping, tax abuse.
Expect higher prices, stealth charges, cuts on some routes, packing planes, less customer choice.
archive.ph/sEQlL
Expect the usual private equity business model - higher debt, squeezing wages/staff, asset stripping, tax abuse.
Expect higher prices, stealth charges, cuts on some routes, packing planes, less customer choice.
archive.ph/sEQlL
The £5bn dogfight: why private equity wants easyJet
Shares in the British budget airline have fallen by 72 per cent since 2019, but it is asset and cash rich and could easily be loaded with debt
www.thetimes.com
July 5, 2026 at 8:43 AM
The £5bn dogfight: why private equity wants easyJet.
Expect the usual private equity business model - higher debt, squeezing wages/staff, asset stripping, tax abuse.
Expect higher prices, stealth charges, cuts on some routes, packing planes, less customer choice.
archive.ph/sEQlL
Expect the usual private equity business model - higher debt, squeezing wages/staff, asset stripping, tax abuse.
Expect higher prices, stealth charges, cuts on some routes, packing planes, less customer choice.
archive.ph/sEQlL
For anyone who doesn't know, Postmedia is controlled by Chatham Asset Management, LLC, which owns about a 66.7% stake in the company. Chatham is an American private equity firm with ties to the Republican party.
It matters.
It matters.
September 30, 2026 at 4:27 PM
For anyone who doesn't know, Postmedia is controlled by Chatham Asset Management, LLC, which owns about a 66.7% stake in the company. Chatham is an American private equity firm with ties to the Republican party.
It matters.
It matters.
Private Equity Is Devouring Everything And Is Coming for Your Pets.
It is taking over animal clinics. Profiteering, wage cuts, asset stripping, tax dodges are standard practice.
UK govt has handed care homes and parts of the NHS to it.
Disasterous.
jacobin.com/2024/12/vete...
It is taking over animal clinics. Profiteering, wage cuts, asset stripping, tax dodges are standard practice.
UK govt has handed care homes and parts of the NHS to it.
Disasterous.
jacobin.com/2024/12/vete...
Private Equity Is Coming for Your Pets
Private equity is taking over animal clinics to raise prices and close down practices where workers demand better wages.
jacobin.com
December 16, 2024 at 8:11 AM
Private Equity Is Devouring Everything And Is Coming for Your Pets.
It is taking over animal clinics. Profiteering, wage cuts, asset stripping, tax dodges are standard practice.
UK govt has handed care homes and parts of the NHS to it.
Disasterous.
jacobin.com/2024/12/vete...
It is taking over animal clinics. Profiteering, wage cuts, asset stripping, tax dodges are standard practice.
UK govt has handed care homes and parts of the NHS to it.
Disasterous.
jacobin.com/2024/12/vete...
I believe that taking debt against an asset other than a primary residence or a personal motor vehicle should constitute a disposition of that asset for tax purposes. This solves both the billionaires living off no “income” and private equity problems at the same time.
March 26, 2025 at 5:46 AM
I believe that taking debt against an asset other than a primary residence or a personal motor vehicle should constitute a disposition of that asset for tax purposes. This solves both the billionaires living off no “income” and private equity problems at the same time.
Thames Water, with 187 criminal convictions, never recovered from previous private equity ownership.
Shareholders now want to hand TW to KKR, another private equity group, Its business model is profiteering, high debt, low investment, asset-stripping.
More abuses inevitable.
archive.ph/7tRgo
Shareholders now want to hand TW to KKR, another private equity group, Its business model is profiteering, high debt, low investment, asset-stripping.
More abuses inevitable.
archive.ph/7tRgo
Barbarians at the sluice gate: KKR’s Thames Water quest
US private equity firm is preferred bidder for UK utility trying to avert renationalisation
www.ft.com
April 27, 2025 at 9:03 PM
Thames Water, with 187 criminal convictions, never recovered from previous private equity ownership.
Shareholders now want to hand TW to KKR, another private equity group, Its business model is profiteering, high debt, low investment, asset-stripping.
More abuses inevitable.
archive.ph/7tRgo
Shareholders now want to hand TW to KKR, another private equity group, Its business model is profiteering, high debt, low investment, asset-stripping.
More abuses inevitable.
archive.ph/7tRgo
This is notable news from Bloomberg given Apollo's standing in private credit
"Apollo Global Management Inc. is curbing redemptions from one of its largest non-traded private credit funds for retail investors, becoming the latest alternative asset manager to grapple with a surge in such requests...
"Apollo Global Management Inc. is curbing redemptions from one of its largest non-traded private credit funds for retail investors, becoming the latest alternative asset manager to grapple with a surge in such requests...
March 23, 2026 at 9:19 PM
This is notable news from Bloomberg given Apollo's standing in private credit
"Apollo Global Management Inc. is curbing redemptions from one of its largest non-traded private credit funds for retail investors, becoming the latest alternative asset manager to grapple with a surge in such requests...
"Apollo Global Management Inc. is curbing redemptions from one of its largest non-traded private credit funds for retail investors, becoming the latest alternative asset manager to grapple with a surge in such requests...
It's amazing how this is exactly the private equity "distressed asset" playbook to a T
February 27, 2025 at 4:12 AM
It's amazing how this is exactly the private equity "distressed asset" playbook to a T
Private equity paywalling kids’ sports is peak late-stage capitalism: even your kid’s memories are just another monetizable asset.
November 20, 2025 at 6:26 PM
Private equity paywalling kids’ sports is peak late-stage capitalism: even your kid’s memories are just another monetizable asset.
Republicans have gone from collapsing on a fainting couch over Hillary’s private e-mail server to installing a Russian asset as the Director of National Intelligence.
February 12, 2025 at 5:38 PM
Republicans have gone from collapsing on a fainting couch over Hillary’s private e-mail server to installing a Russian asset as the Director of National Intelligence.
Private equity.... America about to get asset stripped.
February 2, 2025 at 8:15 AM
Private equity.... America about to get asset stripped.