Private Equity Firms

Mitt Romney Haters Picket Bain's Manhattan Office. Confusion Ensues

About 50 Mitt Romney haters gathered in front of the midtown offices of Bain Capital -- the controversial private equity firm co-founded by the presidential candidate -- to protest "the Bain way of outsourcing jobs" this afternoon.Specifically, they were protesting the moving of Bain-owned Sensata T ... More >>

Forbes: Mike Bloomberg Still Has Way More Money Than You Do

Forbes released its 30th annual ranking of the 400 richest Americans yesterday, and there's a 99.9 percent chance that you didn't make the list.Mayor Mike Bloomberg did, though, finishing 10th on the list with a net worth of about $25 billion.But Bloomberg isn't the only person in New York with way ... More >>

NY AG Eric Schneiderman's Subpoenas Aimed at Private Equity Firms, Bain Capital & Romney Donors Included

In a few weeks, this might be the Issue of the Election or the Story That Brought Romney Down. At this point, only time can tell.Yesterday, the New York Times reported that New York Attorney General Eric Schneiderman has begun to send out subpoenas to investigate the tax situations in numerous priva ... More >>

For-Profit Colleges Only a Con Man Could Love

Barbarians in the Ivory Tower

Mitt Loves N.Y.: Henry Kravis

With Mitt Romney as its de facto candidate, the roster of Restore Our Future, Romney's designated Super PAC slush fund, reads like a laundry list of New York City's wealthiest denizens. And, according to the Center for Responsive Politics and contrary to popular belief, Super PAC ... More >>

As Romney Holds Back On Tax Returns, The Press Goes Into A Frenzy

The more Mitt Romney refuses to provide his tax returns except for 2010 and 2011 (the latter is forthcoming), the more editorialists are foaming at the mouth about the shady absurdity of his evasions under pressure. Here are some highlights of what's been written. (Feel free to read this, then wri ... More >>

Mitt Loves N.Y.: Marc Rowan

With Mitt Romney as its de facto go-to candidate, the roster of Restore Our Future, Romney's designated Super PAC slush fund, reads like a laundry list of New York City's wealthiest denizens. And, according to the Center for Responsive Politics and contrary to popular belief, Sup ... More >>

From One Slumlord to Another

Two weeks ago, we reported on this foreclosure protest by New School students. While their singing protests stopped part of the sales, the investors on scene still managed to snap up a few a couple of properties. One of which was a three story apartment complex in Bushwick (556 Evergreen Avenue). A ... More >>

"Week of Action" Wraps With Queens Court Singing Protest; 63 Arrested For The Week

The "Week of Action" --three foreclosure blockades at the Bronx, Brooklyn, and Queen's Supreme Court--finished today with two dozen singing protestors storming Queen's court. Yesterday's action at Brooklyn led to 38 arrests. Unlike the Seabrook incident, most of the interactions between guards a ... More >>

Mitt Romney, American Parasite

His years at Bain represent everything you hate about capitalism

Who's Getting Foreclosed on in Brooklyn Tomorrow? A Grumpy Chinese Restaurant

The Voice is starting a new feature several times a week. As foreclosures continue unabated across the nation, the Voice will be profiling the foreclosures that happen every week right here in the five boroughs. We'll be looking closely at the properties facing foreclosure, the public auctions where ... More >>

Rightbloggers Rush to Defend Mitt Romney -- The Corporate Raider, Not the Candidate

When last we left our heroes, the 2012 Republican Presidential challengers, they were inevitably folding to Mitt the Man Whose Turn It Is. Then Newt Gingrich -- or, excuse us, a Newt Gingrich Super-PAC to which he is not connected -- decided to go out swinging with a little film that portrayed Romne ... More >>

So Now People Are Saying that Stumptown Really Has Gone Corporate

​Last week, Stumptown owner Duane Sorenson took pains to explain that his coffee company was not, as had been reported, controlled by a large investment firm. But some beg to differ.

Dov Charney Is Not Sweating 'Fraudulent' Sexual Abuse Claims, Bankruptcy: Q&A

​Troubled clothing company American Apparel is all over the news again. This time, though, the situation seems dire. CEO Dov Charney, who we've spoken to in the past, is being sued for an enormous sum of money by five former employees alleging sexual abuse. Stop us if you've heard this one bef ... More >>

Steve Rattner Agrees to Pay $10M in State Pension Fund Scandal Settlement With Cuomo

​A pre-New Year's Eve deal has been cut between investment big Steven Rattner and outgoing Attorney General Andrew Cuomo to settle charges stemming from Rattner's role in the state pension fund scandal. Rattner, who served as auto czar for President Obama and investment adviser to Mayor Bloomb ... More >>

THE THRALL OF TURKEY

Istanbul’s biggest performers rock out near the Great Lake

Times: Thompson's Investments Not Paying Off

The Times finds that the city's pension fund has "consistently lagged behind many of its public pension peers" under Comptroller (and mayoral candidate) Bill Thompson. For the past seven years, four of five city pension funds earned less than the 4.5 percent median annual return for large public pe ... More >>

Too Big to Jail? Cuomo Takes $20M to "Settle" Carlyle Group's Pension Fraud Role

Andrew Cuomo (pictured) has indicted some big fish in the pension fund scandals, but as far as the powerful Carlyle Group goes, he's content just to take the money. Having admitted to paying indicted "placement agent" Hank Morris over $13 million to influence pension fund investments to their advant ... More >>

Dallas-Based Aldus Exec Caught in New York Pension Fund Scandal

The pension fund scandal that attorney general Andrew Cuomo's investigations and prosecutions have roiled appears to be spreading out. Today Cuomo and the SEC both charged the managing partner of private equity firm Aldus Equity Partners, Saul Meyer, with felony fraud. Meyer, based in Dallas, is an ... More >>

Peggy Lipton, The Girlfriend Who Sparked the Pension Scandal

How a Queens schlub went head over heels for Peggy Lipton and brought down the system

Hevesi's Friends in Need

Political pals cashed in on pension fund business

Alan Hevesi: Shakedown at the Pension Fund

The fiscal watchdog's team wrote its own rules

FDIC Sells IndyMac, Will Share Losses

The FDIC's work on IndyMac, which it seized in July, has not been in vain! Today it announced that it will sell the troubled lender to IMB HoldCo LLC, a consortium including honchos of Paulson & Co, Dune Capital, and other financial companies, and buyout specialist J. Christopher Flowers. Former Mer ... More >>

Daily Flog: In NYC, the end of the houses that Ruth and ruthlessness built

Wall Street Takes Dead Aim at Affordable Housing in New York City

A new investment scheme is turning bankers into your ugly landlord

Who Wants to Be a Movie Star? Not Henry Kravis.

Moms Protest Toys "R" Us and Toxic Greed

Protesters Pop In On the Carlyle Group

Protesters Demand Tax Relief for Billionaires

Leveraged Buyouts: The New Crime at Times Square?

Bloomberg Nears Run for CEO of U.S.

Giuliani Pal

Weld's brain trust

Settling Some Debts

Like Fox to Henhouse, Baker Goes to Iraq

In Bush's Defense

A Young Lad Helps His Dad

The Carlyle Connection

How the Pentagon Learned to Love the Weapon No One Wanted

Bush Sr. Could Profit From War

Legal Group Blasts Papa Shrub on Bin Laden Link

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