Rachel Wasserman
banner
rwasserman.bsky.social
Rachel Wasserman
@rwasserman.bsky.social
Business Lawyer for Entrepreneurs
Advocate for a more equitable economy
Ex-Bay Street Corporate Law and Finance
Lover of dogs, mockumentaries and democracy
Pinned
Private equity wants law firms…
just like they rolled up vets, dentists, HVAC technicians and more! But we don’t have to let it happen.

Read my op-ed in @bloomberglaw.com to see why I think it’s a bad idea and why decentralization is a better alternative.
Reposted by Rachel Wasserman
Oligopolies get all the attention when it comes to competition problems, but there's also a silent killer: private equity. @rwasserman.bsky.social joins the Do Not Pass Go podcast this week to discuss how to rein them in and avoid the death of entrepreneurialism www.donotpassgo.ca/p/death-by-a...
"Death by a thousand cuts:" How private equity is killing small businesses
From vets to dentists, Canada is heading toward entrepreneurial extinction – but there's a way for consumers to fight back, lawyer Rachel Wasserman explains
www.donotpassgo.ca
November 10, 2025 at 4:06 PM
Reposted by Rachel Wasserman
Private equity firms are buying up dental clinics, vet practices, and other small businesses. What do new owners mean for costs and the quality of services? @jeyantvo.bsky.social asks @rwasserman.bsky.social, author of The Private Equity Playbook, tonight at 8pm | Producer: Mike Attenborough
October 22, 2025 at 6:58 PM
Reposted by Rachel Wasserman
Rachel Wasserman @rwasserman.bsky.social
walks James Li of Breaking Points through Trump's plan to open 401(k)s to private equity and:

💲how PE works
💲why to be wary about the buyout-PE model
💲who might get left holding the bag

#PE #Retirement

socialcapitalpartners.ca/trump-pumps-...
Trump pumps private equity with 401k changes | Breaking Points podcast
Breaking Points podcast correspondent James Li sits down with corporate lawyer, economic analyst and SCP Fellow Rachel Wasserman to discuss Trump's executive order opening up 401k plans to private equ...
socialcapitalpartners.ca
August 13, 2025 at 3:39 PM
Reposted by Rachel Wasserman
Our richest 1% own a quarter of Canada's wealth.

We get a new billionaire every 12 weeks.

It ain't fair, and it's not solving the productivity crisis, either.

Employee-owned companies are 8-12% MORE PRODUCTIVE than those not owned by workers.

When working people win, Canada wins.

#CanadaSky
May 30, 2025 at 2:20 PM
Reposted by Rachel Wasserman
“No one’s breaking the law. But the economics are upside down."

SCP Fellow @rwasserman.bsky.social on how continuation funds distort valuations, mask losses and edge dangerously close to Ponzi-like dynamics.

www.investmentofficer.lu/en/news/crit...

#EconSky #PrivateEquity #WealthEquality
May 20, 2025 at 4:21 PM
Private equity wants law firms…
just like they rolled up vets, dentists, HVAC technicians and more! But we don’t have to let it happen.

Read my op-ed in @bloomberglaw.com to see why I think it’s a bad idea and why decentralization is a better alternative.
May 16, 2025 at 12:17 AM
Reposted by Rachel Wasserman
The 2025 Forbes Billionaires List is out, and their are 76 Canadians on it, up from 44 in 2020.

Extreme wealth (🤢) makes us more vulnerable to exploitation, polarization and economic attacks.

When working people win, Canada wins.

#AlwaysCanada #Never51 #CanadaSky

www.forbes.com/billionaires/
Forbes 2025 Billionaires List - The Richest People In The World Ranked
Forbes presents the 2025 World's Billionaires List. View the richest people in the world and learn their net worth, age, country of residence, source of wealth and more.
www.forbes.com
April 2, 2025 at 7:23 PM
Reposted by Rachel Wasserman
In long-term care homes owned by private equity firms, there’s a 50% ⬆️ likelihood of patient sedation. Yikes!

The latest Serenity Now for Entrepreneurs pod features #SCPFellow @rwasserman.bsky.social on how PE affects you and the broader 🍁 economy.

🎧 tinyurl.com/25whanfv

#Never51 #CanadaSky
March 24, 2025 at 4:31 PM
Reposted by Rachel Wasserman
These days, 🍁 Canada’s main streets are more likely to feature American chains.

The latest in our #Never51 series on why we cannot accept unchecked serial acquisitions as a tactic in this economic war against us—and 5 things we can do about it.

Read the ideas: tinyurl.com/mr3kxhmp

#CanadaSky
The hidden takeover of our economy—and 5 things we can do about it | Social Capital Partners
Today, Canada’s main streets are more likely to feature American chains and less likely to be locally owned. We already face economic assault from the south—SCP's CEO Matthew Mendelsohn and Fellow Rac...
socialcapitalpartners.ca
March 12, 2025 at 2:11 PM
Reposted by Rachel Wasserman
Canadians are more vulnerable to Trump’s economic warfare because our housing system is in crisis. Some of our own bad policy choices have put us in this position of vulnerability.

💡Our CEO @mendelmatt.bsky.social with 3 things we can do:

Read: tinyurl.com/bddfna5x

#EconSky #CdnPoli #Housing
February 4, 2025 at 4:12 PM
Really impressed with what Trudeau is saying right now. Like him or not, this is great leadership. 🇨🇦🇨🇦🇨🇦🇨🇦

#cdnpoli #tradewar #cdnecon
February 2, 2025 at 2:41 AM
Reposted by Rachel Wasserman
Yeah, yeah, only an OHIP card, never a credit card to pay for healthcare in ON. 🙄BUT OHIP pays extra to for-profit healthcare providers. And often they are Private Equity “vultures.”

#VoteFordOut #SavePublicHealthcare
January 16, 2025 at 12:41 PM
I’m honoured to be an inaugural fellow at @scpartners.bsky.social

We cannot fix the economy if we ignore and further exacerbate many of its problems.
There are many forces working to entrench economic inequality and erode democracy.

Is it scary? Sure. But telling the truth about the growing concentration of wealth and economic power is part of building an economy that works for more people.

Read Matthew’s message: tinyurl.com/yeypdn83
January 16, 2025 at 11:24 PM
Breaking News! KKR is alleged to have committed SERIAL violations of US antitrust laws!

More PE more Problems!

#privateequity #doj #usecon #uspoli #cdnecon #cdnpoli #antitrust #faireconomy
Justice Department Sues KKR for Serial Violations of Federal Premerger Review Law
The Justice Department today filed a civil lawsuit against KKR & Co. Inc. and over a dozen of its investment advisors and funds (collectively, KKR) for repeatedly flouting the premerger antitrust revi...
www.justice.gov
January 14, 2025 at 6:21 PM
PE makes its money through extraction, not investment. It’s a zero sum game and they’re making the rules.

@scpartners.bsky.social
Private equity is the BANE of our institutions at the moment.
A LA-based company that owns more than a dozen hospitals in four states filed for bankruptcy

Prospect Medical relied on the value of their hospital real estate to help finance massive payouts for their private equity investors, diverting funds away from direct patient care
January 13, 2025 at 3:34 AM
Looks like Elon has been sharing the ketamine.

WTF is this nonsense?!?

#financialtimes #peterthiel #ketamine #broligarchy
A time for truth and reconciliation
Trump’s return to the White House augurs the ‘apokálypsis’ of the ancien regime’s secrets
www.ft.com
January 12, 2025 at 8:58 PM
Oedipus called; even he thinks this is a bit much

#elon #mamasboy #presidentmusk #broligarchy
January 12, 2025 at 3:27 AM
More PE more Problems
Private Equity strikes again.

The classic PE story:

1️⃣ - Quality dropped
2️⃣ - Prices went up
3️⃣ - Community/customer feedback ignored

Maybe it's time for MEC's 3 million shareholders in 1077 Holdings Co-operative to buy it back.

📖 In City News | vancouver.citynews.ca/2025/01/10/m...
January 12, 2025 at 1:10 AM
Reposted by Rachel Wasserman
Folks, we're living in a Second Gilded Age.

It can be easy to feel discouraged, but the First Gilded Age teaches us lessons on how we can fight back.
From Robber Barons to Bezos: Is History Repeating Itself? | Robert Reich
We’re now in the Second Gilded Age. As in the first, America’s wealth is in the hands of a few, conspicuous consumption exists alongside homelessness and hun...
www.youtube.com
January 10, 2025 at 12:36 AM
Does Elon have any actual friends? Asking for a friend… because I have them.
January 8, 2025 at 6:20 AM
Now that Zuck has gone full Elon, can we just all agree for a not-for-profit to create one or two universal social media platforms so we don’t have to keep switching? I’ve now reached the age where technology changes annoy me. Windows 11? No thanks.
January 8, 2025 at 5:38 AM
Reposted by Rachel Wasserman
Facts are dead. Cooool.

And you thought the tabloid press was bad? Get ready for a biblical flood of moronic rubbish in 2025… courtesy of an imploding America.
January 7, 2025 at 5:07 PM
Reposted by Rachel Wasserman
Overbooked flights, lost luggage, endless delays. Holiday travel chaos isn’t bad luck—it’s corporate greed in action. Airlines want you to believe this is normal. It’s not. It’s the result of deregulation & corporate greed.
Holiday Travel Is Plagued By Corporate Power
Consolidation comes home with you for the holidays.
buff.ly
December 24, 2024 at 11:01 PM