Private equity snaps up disability services, challenging regulators

Private equity is in need of some severe regulation, how many of the ills of society go back to this sort of thing ?

The fact that it’s private equity is mostly a red herring.

The problem is the rules can be broken with minimal consequence. Swap out PE for another profit-seeking structure and you’ll tend towards the same outcome, as the bad outcompetes the good.

I think the big issue with private equity is the lack of transparency.

Seems like a big part of their bread and butter is anti-competitive or otherwise legally questionable self dealing between their holdings. Things that would quickly face public scrutiny if those companies were publicly held and had the associated reporting requirements.