I commend Senator Warren for her proposed 'Stop Wall Street Looting Act,' which would close many of the loopholes used by the private equity...
They kept the State of Massachusetts in the dark. They refused to provide the information necessary for the state to be able to make a deter...
I am announcing a new agenda that provides for stronger oversight of corporate greed.
We need a health care system for everyone, supported by Medicare for all and the Green New Deal.
Yes. And I think that no resounds throughout the room in terms of this balance of power at the corporate boards.
I think--what we have got on our hands right now is something that is only going to grow as the years go by.
But it should. And that is really the point here. So, I am also introducing new legislation to change that.
I will say it bluntly, turning private equity loose in our health care system kills people.
They are going to charge everybody who comes in the door more, which means either the taxpayers, the insurance companies, or private individ...
Right. So going in, they would want you to think that if anything went wrong, it was because of benign neglect.
Instead of health care experts, you do have wealth care experts.
Thank you. And, Dr. Stinson, could you expand on how these for profit hospitals interfere in-- operationally with the delivery of equity and...
It clearly would ultimately wind up harming the nonprofit sector that provides the very same services.
This is a prime example of the danger of private equity. The private equity firms walk away with hundreds of millions of dollars.
If we close our doors, there is nowhere for people to go, nowhere.
We should forbid the typical private equity approach of loading health care organizations with debt, extracting capital, and leaving strippe...