Peter Rinko’s Post
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2024 Republican National Convention, care to respond? #RNC #republicanparty #ar15 #banassaultweaponsnow
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BREAKING: #DonaldTrump announces his VP pick, who has a long history of attacking… Donald Trump. READ: https://lnkd.in/gy8etUq8
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#Trump's VP pick #JDVance and a lot of his #Republican colleagues are encouraging the very thing that they’re pretending to criticize: division and targeting of political enemies. What’s more, their comments are an attempt to use #politicalviolence to chill criticism of a #politicalideology that has itself inspired or been connected to violence. READ: https://lnkd.in/gK585AAT
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Private financial markets have seen substantial growth, now overshadowing public markets in size and activity. This essay explores how securities laws offer reduced protection in these less-regulated domains, endangering non-wealthy investors indirectly exposed through institutional funds. The author argues that a shift in regulatory framework is urgent to address systemic risks and ensure the economic security of ordinary Americans as private markets expand. READ: https://lnkd.in/gtiGeVpK #privatefinance #privatefinancialmarkets #assetmanagers #limitedpartnerships #venturecapital #privateequity #privatecreditfunds
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"Identifying wage-theft violators that have received government contracts required us to gather data from a variety of sources: wage-theft data from the U.S. and New York Labor departments, and contract data from the New York state and New York City comptroller’s offices. In order to focus on recent events, we looked at all contracts from 2018 until September 2023, when we downloaded the contract data. Each contract listed both a start date and a date when it passed through the state or city comptroller’s office, which can occur before or after the contract has started. Our goal was to include contracts from the earliest known moment that they were on the agency’s radar, so for our analysis we used whichever of those two dates came first. With our timeframe in place, we set out to look for companies that had received contracts within three years of a wage-theft case with either the federal or state Labor Department. We found hundreds of initial matches spanning 2015 to 2022 in federal and state wage-theft databases that we obtained in 2023. That was too many to vet, so we decided to look for the biggest violators, which we verified by cross-referencing the business addresses associated with the wage-theft cases and contracts. Ultimately we identified 25 companies and organizations that had owed a total of at least $100,000 in back wages within three years of receiving contracts. Because wage-theft cases can span many months — from the date of the violations to when an investigation was opened to when it was finally resolved — we had to rely on the dates each regulator made available to us. The state wage-theft database only indicated the date when the case was first opened. The federal data did not include a date when the case was opened, but we used the nearest equivalent available, which was the last date that violations occurred. For the federal database, we only included wage-theft cases that listed a business address in New York state. While this wasn’t perfect, we felt this approach gave us a fair window into the intersection of wage theft violations and contracts. Our analysis is very possibly an undercount, since we may have missed some additional companies due to use of subsidiaries or variations in how a company name appears across the databases. Ultimately, we found these 25 companies and organizations had received more than $500 million in contracts from New York state and New York City. Not all that money has been paid out, sometimes because the contract is ongoing or because the services weren’t fully utilized. And three of the companies — including All Metro — had contracts for which the state did not pay them directly; instead, the contract value represented the estimated amount that would be paid by customers through the state’s home health care marketplace program." #wagetheft #governmentcontracts READ: https://lnkd.in/gp_9CHQg
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Co-author of "Regeneration" with Philip Kotler and Enrico Foglia; "BrandActivism" with Philip Kotler; Co-Founder Wicked7 Project + Regenerative Marketing Institute; Editor, The Marketing Journal
1wIsrael = FAIL