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BLOG POST: Private Equity Set to Loot Albertsons Ahead of Proposed Merger With Rival Kroger

February 16, 2023

Cerberus Capital Management, the private equity owner of Albertsons grocery stores, is quickly moving to extract an unusually large amount of money from the grocer that would leave Albertsons in a much worse position to repay the massive debt load put on by its private equity owners. This move puts many of Albertsons’ workers and their pensions at risk. Read More

Say No to Wall Street Looting! Say No to Wall Street Looting! Say No to Wall Street Looting! Say No to Wall Street Looting!

Tell your legislator to support the
Stop Wall Street Looting Act!

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SWSLA would:

  • Make PE execs legally liable for the damage they cause
  • Stop looting that enriches PE executives at the expense of workers, communities, and businesses
  • Close tax loopholes and change rules that encourage predatory financial activities
  • Protect workers if employers go bankrupt
  • Require PE firms to be fair and transparent to investors in disclosing costs and returns