20423 Article(s) by: Frances Abele

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Frances Abele CM is Distinguished Research Professor and Chancellor’s Professor of Public Policy Emerita at Carleton University. She is a research fellow at the Carleton Centre for Community Innovation and the Broadbent Institute. Much of her work focuses on indigenous-Canada relations.

Private Equity and Hedge Funds Survived the 2008 Crisis. Now They’re Making a Killing Off COVID-19.

The COVID-19 crisis has been a case study in the destructiveness of predatory financial institutions like private equity and hedge funds. From private-equity-owned hospitals that cut staff to the bone to the growing investor interest in disaster-driven industries like insurance, the pandemic has been a gold mine for some of the finance industry’s most rapacious and socially useless segments.