Entries in Forbes (1)
Private-Equity Business Under Scrutiny
FROM FORBES
The Service Employees International Union has mounted a campaign urging the private-equity business to give workers a say in buyout deals.
"The story of private equity is the incredible wealth being created for the small number of individuals at the top," SEIU President Andy Stern testified at the hearing. Workers should be able to "share in the economic opportunities" created by the takeovers, he said, but "the manner in which these (company) restructurings are often undertaken raises serious concerns for workers and the companies themselves."
Posted on Friday, May 18, 2007 at 10:31AM
by
Anthony S Jennings
in Forbes
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