Uploaded June 2024 | Updated September 2026, 1 week ago
An explanation of private equity, often called "the vampires of Wall Street," and how they are devouring the economy and impacting many parts of your life.
Patreon: patreon.com/GeorgRockallSchmidt
Leave a tip: paypal.me/GeorgRockallSchmidt
Twitter: twitter.com/grockallschmidt
Facebook: facebook.com/profile.php?id=100025678273449
Sources (titles shortened for character limit)
PE-Associated Lender Helped Precipitate Nursing-Home Implosion
politico.com/news/magazine/2023/12/24/nursing-homes-private-equity-fraud-00132001
Blackstone CARD
nbcnews.com/health/health-care/card-blackstone-kids-autism-private-equity-bankruptcy-rcna118544
Sick profit: Investigating PE's takeover of health care
cbsnews.com/news/health-care-private-equity-medical-bills-stealthy-takeover
Rising danger of PE in healthcare
lowninstitute.org/the-rising-danger-of-private-equity-in-healthcare
Growth & Influence of PE in Health Care
nihcm.org/publications/understanding-the-growth-and-influence-of-private-equity-in-health-care
Can Nonprofit Disrupt the Pricey Prison Phone Industry?
bloomberg.com/news/articles/2021-09-08/nonprofit-aims-to-disrupt-pricey-prison-telecom-industry
When PE Acquire Nursing Homes
nber.org/digest/202104/how-patients-fare-when-private-equity-funds-acquire-nursing-homes
PE Buyouts in Healthcare
cepr.net/wp-content/uploads/2020/03/WP_118-Appelbaum-and-Batt.pdf
The states with biggest PE influence
nbcnews.com/news/us-news/states-rank-private-equity-influence-housing-health-care-jobs-pensions-rcna146818
McKinsey: Private Markets in Slower Era
mckinsey.com/industries/private-equity-and-principal-investors/our-insights/mckinseys-private-markets-annual-review
PE explained
propublica.org/article/what-is-private-equity
PE Owns Hawaii’s Hotels
hawaiibusiness.com/private-equity-owns-many-hawaii-hotels-why-that-matters
AIC – PE brands
investmentcouncil.org/builders
Secretive Industry Devouring the U.S. Economy
theatlantic.com/ideas/archive/2023/10/private-equity-publicly-traded-companies/675788
Economic contribution of PE 2022
investmentcouncil.org/wp-content/uploads/2023/04/EY-AIC-PE-economic-contribution-report-FINAL-04-20-2023.pdf
PE: Future of Housing Security
https://urbandemos.nyu.edu/wp-content/uploads/2020/12/Private-equity-whitepaper-December-14-2020.pdf
PE in Higher Education
nber.org/papers/w24976
PE Tries to Protect Profit Center
prospect.org/power/private-equity-tries-protect-another-profit-center
Blackwater in hands of PE
privateequityinternational.com/former-blackwater-now-in-hands-of-private-equity
PE defense firms
responsiblestatecraft.org/2023/03/22/as-private-equity-buys-up-defense-firms-transparency-is-already-suffering
PE in Autism Services
cepr.net/report/pocketing-money-meant-for-kids-private-equity-in-autism-services
PE Vampires
thenation.com/article/archive/private-equity-deadspin
Vulture capitalists ate Toys 'R' Us
theweek.com/articles/761124/how-vulture-capitalists-ate-toys-r
PE home flippers
businessinsider.com/big-investors-purchasing-more-single-family-homes-from-home-flippers-2022-11
State of housing 2022
https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_State_Nations_Housing_2022.pdf
PE in Higher Education
cepr.net/private-equity-in-higher-education-a-full-ride-at-student-and-taxpayer-expense
What went wrong at Red Lobster
abc7ny.com/post/is-red-lobster-closing-2024-bankruptcy-endless-shrimp-locations/14819751
Red Lobster endless shrimp
washingtonpost.com/nation/2023/11/30/red-lobster-endless-shrimp-loss
The death of Red Lobster
businessinsider.com/red-lobster-endless-shrimp-bankruptcy-private-equity-debt-real-estate-2024-5
PE Pillage: Grocery Stores
prospect.org/power/private-equity-pillage-grocery-stores-workers-risk
PE’s Role in Health Care
commonwealthfund.org/publications/explainer/2023/nov/private-equity-role-health-care
Forecast, PE market size
statista.com/statistics/280255/private-equity-market-size-forecast-us
Hospital Adverse Patient Outcomes, PE
jamanetwork.com/journals/jama/fullarticle/2813379
Blackstone CARD
nbcnews.com/health/health-care/card-blackstone-kids-autism-private-equity-bankruptcy-rcna118544
Economic contribution of PE
investmentcouncil.org/wp-content/uploads/2023/04/EY-AIC-PE-economic-contribution-report-FINAL-04-20-2023.pdf
CARD bankruptcy
bankruptcy-proxy-api.dowjones.ai/cases/Texas_Southern_Bankruptcy_Court/9--23-bk-90709/Center_for_Autism_and_Related_Disorders_LLC/docs/19.pdf
Political donations
opensecrets.org/industries/indus?ind=F2600
An explanation of private equity, often called "the vampires of Wall Street," and how they are devouring the economy and impacting many parts of your life.
Patreon: patreon.com/GeorgRockallSchmidt
Leave a tip: paypal.me/GeorgRockallSchmidt
Twitter: twitter.com/grockallschmidt
Facebook: facebook.com/profile.php?id=100025678273449
Sources (titles shortened for character limit)
PE-Associated Lender Helped Precipitate Nursing-Home Implosion
politico.com/news/magazine/2023/12/24/nursing-homes-private-equity-fraud-00132001
Blackstone CARD
nbcnews.com/health/health-care/card-blackstone-kids-autism-private-equity-bankruptcy-rcna118544
Sick profit: Investigating PE's takeover of health care
cbsnews.com/news/health-care-private-equity-medical-bills-stealthy-takeover
Rising danger of PE in healthcare
lowninstitute.org/the-rising-danger-of-private-equity-in-healthcare
Growth & Influence of PE in Health Care
nihcm.org/publications/understanding-the-growth-and-influence-of-private-equity-in-health-care
Can Nonprofit Disrupt the Pricey Prison Phone Industry?
bloomberg.com/news/articles/2021-09-08/nonprofit-aims-to-disrupt-pricey-prison-telecom-industry
When PE Acquire Nursing Homes
nber.org/digest/202104/how-patients-fare-when-private-equity-funds-acquire-nursing-homes
PE Buyouts in Healthcare
cepr.net/wp-content/uploads/2020/03/WP_118-Appelbaum-and-Batt.pdf
The states with biggest PE influence
nbcnews.com/news/us-news/states-rank-private-equity-influence-housing-health-care-jobs-pensions-rcna146818
McKinsey: Private Markets in Slower Era
mckinsey.com/industries/private-equity-and-principal-investors/our-insights/mckinseys-private-markets-annual-review
PE explained
propublica.org/article/what-is-private-equity
PE Owns Hawaii’s Hotels
hawaiibusiness.com/private-equity-owns-many-hawaii-hotels-why-that-matters
AIC – PE brands
investmentcouncil.org/builders
Secretive Industry Devouring the U.S. Economy
theatlantic.com/ideas/archive/2023/10/private-equity-publicly-traded-companies/675788
Economic contribution of PE 2022
investmentcouncil.org/wp-content/uploads/2023/04/EY-AIC-PE-economic-contribution-report-FINAL-04-20-2023.pdf
PE: Future of Housing Security
https://urbandemos.nyu.edu/wp-content/uploads/2020/12/Private-equity-whitepaper-December-14-2020.pdf
PE in Higher Education
nber.org/papers/w24976
PE Tries to Protect Profit Center
prospect.org/power/private-equity-tries-protect-another-profit-center
Blackwater in hands of PE
privateequityinternational.com/former-blackwater-now-in-hands-of-private-equity
PE defense firms
responsiblestatecraft.org/2023/03/22/as-private-equity-buys-up-defense-firms-transparency-is-already-suffering
PE in Autism Services
cepr.net/report/pocketing-money-meant-for-kids-private-equity-in-autism-services
PE Vampires
thenation.com/article/archive/private-equity-deadspin
Vulture capitalists ate Toys 'R' Us
theweek.com/articles/761124/how-vulture-capitalists-ate-toys-r
PE home flippers
businessinsider.com/big-investors-purchasing-more-single-family-homes-from-home-flippers-2022-11
State of housing 2022
https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_State_Nations_Housing_2022.pdf
PE in Higher Education
cepr.net/private-equity-in-higher-education-a-full-ride-at-student-and-taxpayer-expense
What went wrong at Red Lobster
abc7ny.com/post/is-red-lobster-closing-2024-bankruptcy-endless-shrimp-locations/14819751
Red Lobster endless shrimp
washingtonpost.com/nation/2023/11/30/red-lobster-endless-shrimp-loss
The death of Red Lobster
businessinsider.com/red-lobster-endless-shrimp-bankruptcy-private-equity-debt-real-estate-2024-5
PE Pillage: Grocery Stores
prospect.org/power/private-equity-pillage-grocery-stores-workers-risk
PE’s Role in Health Care
commonwealthfund.org/publications/explainer/2023/nov/private-equity-role-health-care
Forecast, PE market size
statista.com/statistics/280255/private-equity-market-size-forecast-us
Hospital Adverse Patient Outcomes, PE
jamanetwork.com/journals/jama/fullarticle/2813379
Blackstone CARD
nbcnews.com/health/health-care/card-blackstone-kids-autism-private-equity-bankruptcy-rcna118544
Economic contribution of PE
investmentcouncil.org/wp-content/uploads/2023/04/EY-AIC-PE-economic-contribution-report-FINAL-04-20-2023.pdf
CARD bankruptcy
bankruptcy-proxy-api.dowjones.ai/cases/Texas_Southern_Bankruptcy_Court/9--23-bk-90709/Center_for_Autism_and_Related_Disorders_LLC/docs/19.pdf
Political donations
opensecrets.org/industries/indus?ind=F2600
