Carlyle Group has performed a classic corporate raid on Philadelphia Energy Solutions. Will the private equity firm also succeed in avoiding millions in state and federal taxes connected to this?
Wells Fargo helps prop up everything from the gun industry to private prisons and fossil fuels. Will the scandal-ridden bank ever stop profiting off of injustice?
Banks, investors, and retailers are profiting off the US gun industry. They may be good targets for organizers.
BlackRock CEO Larry Fink wants corporations to be more socially responsible. So why is he invested in private prisons and dirty fossil fuels?
Motel 6 is collaborating with Trump’s deportation machine. The motel chain is owned by Wall Street billionaire – and Trump ally – Stephen Schwarzman.
Hedge funds behind the austerity-driven humanitarian crisis in Puerto Rico are also fueling climate change with equity investments in fossil fuel companies whose emissions supercharged the hurricanes that devastated the island.
One of the biggest speculators on Puerto Rico’s debt remained unknown until last week. Here’s an inside account of how the Baupost Group was exposed.
Four CEOs have broken with Trump after his failure to promptly and directly denounce white supremacist violence in Charlottesville. Will others follow?
Trump’s new Communications Director, Anthony “the Mooch” Scaramucci, is yet another Wall Street alum.
Right-wing front groups attacking a universal healthcare bill in New York are funded – and in one case controlled – by the hedge fund billionaire who helped propel Trump into office and who manages billions of dollars in pharmaceutical and insurance investments.
Tony Ressler, the Los Angeles-based billionaire socialite and private equity boss, is a key force behind the controversial Pilgrim Pipeline.
Insys Therapeutics made millions off of feeding the opioid crisis. Now it seeks to profit off of treating opiod addiction.