What an amazing system
Reposted from
Laila Lalami
Cerberus, a private equity firm, buys a chain of hospitals, sells the land on which they sit, and charges them rent. The hospitals struggle and start cutting corners. Patients' care worsens, death rates climb. And Cerberus makes $790 million in profit.
Comments
tbh banning all forms of landlordism is starting to look like the best idea.
(Also Cerberus?! They named themselves after the 3 headed dog which guards the gates of hell??)
Any of this dogshit working for you?
This is much like how I stick to elephants.
even the fucking compensation structure is carried interest horseshit, Sinema belongs on an ice floe
Making everything “efficient” isn’t the goal.
People cannot be sacrificed for money, even with a capitalist or fascist system.