Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
The U.S. economy is set to go off the so-called “fiscal cliff” at midnight on December 31, 2012. What would go over the cliff is our hope of economic recovery. Read more »
A spate of attacks on public-sector pensions threatens to make inequality even more entrenched and painful, and to undermine economic growth. Read more »
An excerpt from Palast’s latest book, Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps—An investigation of Karl Rove, the Koch Gang and their Buck-Buddies. Read more »