How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment?

Failure to appear is cowardice.

It is called the Stop Wall Street Looting Act, and it is the most comprehensive legislation to fundamentally reform the private equity industry.

We have to protect it against the predators who are looking at this, our health care system as just another way of making themselves more wealthy.

Throughout your career, you have worked to make government serve the common good.

Thank you, Senator Markey, for giving us a powerful tool for the job.

Fighting against corporate greed is going to be an uphill battle, but it is what Senator Warren, and I are promising you here today.

The corporate practice of medicine puts profits before people.

Instead of health care experts, you do have wealth care experts.

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 determination as to the financial condition of Steward.

Can we really have accountability of corporate greed without greater transparency in this one sector, the health care sector, that affects every family in our Country?

If that courage were available--and I think you see it in this room in Senator Markey and Senator Warren--then we know at least where to begin to prevent other Steward-like disasters.

If we close our doors, there is nowhere for people to go, nowhere.

Right. So going in, they would want you to think that if anything went wrong, it was because of benign neglect.

It clearly would ultimately wind up harming the nonprofit sector that provides the very same services.

Greed thrives in the dark. And turning on the lights will help.

I commend Senator Warren for her proposed 'Stop Wall Street Looting Act,' which would close many of the loopholes used by the private equity players.

Thank you. And, thanks to everyone who has joined us today.