Finance

Finance Primary category in which blog post is published

Gottheimer Backs Bailout Plan Pushed by His Private Equity Donors

In statements to the press and congressional letters, Rep. Josh Gottheimer (D-N.J.) is backing a plan from one of his top private equity donors to expand a Federal Reserve bailout program.

Finance Primary category in which blog post is published

Reps Calling for Payday Lender Bailout Get 6x More Money From Payday Lenders

The representatives seek an exemption from loan regulations so that payday lenders can receive funding from the coronavirus relief package meant to bail out small businesses.

Finance Primary category in which blog post is published

Mnuchin’s Fortune Tied to Companies He Can Bail Out

Through his $454 billion bailout fund, Mnuchin can boost the stocks of companies comprising some of his largest investments.

Health Primary category in which blog post is published

As Coronavirus Spreads, Surprise Medical Bills Kept in Place by Private Equity-Backed Democrat

Rep. Richard Neal (D-Mass.) torpedoed a fix tp surprise medical billing that threatened his private equity donors' profits. The coronavirus outbreak makes this potentially deadly.

2020 Primary category in which blog post is published

Biden, Buttigieg, and Klobuchar Backed By Vulture Funds Set to Profit From Puerto Rico

The candidates say they support Puerto Rico, but they are holding onto campaign contributions from executives at hedge funds that recently negotiated an agreement that would force Puerto Rico to make cash payments, limiting funds available for the island's rebuilding efforts.

Climate Primary category in which blog post is published

Not Just Exxon: Paul Weiss Defends Many Rogue Corporations

From Big Tobacco to opioid crisis profiteering, Paul, Weiss, Rifkind, Wharton & Garrison LLP has made millions from defending some of the most repugnant corporate villains of recent decades

Finance Primary category in which blog post is published

Dems Cash in From Private Equity Firms They Defended at House Hearing

Reps. Gottheimer and Meeks formed a joint fundraising committee just days after defending private equity at a committee hearing. A new FEC filing shows it raised money almost exclusively from two companies that consumer advocates called out during the hearing.

2020 Primary category in which blog post is published

Hedge Fund Billionaires Power New Democratic Super PAC

The group's top donor has a history of backing Republicans.

2020 Primary category in which blog post is published

Buttigieg Bundler Is an Executive at Vulture Fund Holding Puerto Rican Debt

William Rahm, a senior managing director at the "vulture fund" Centerbridge Partners, was omitted from the original bundler list released by the Buttigieg campaign.