FACT SHEET: Stop Private Equity-Owned Nursing Homes from Extracting Profits at the Expense of Care
October 7, 2021Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
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!
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