Rep. Mark Pocan

@RepMarkPocan ↗

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Last Checked Feb. 23, 2021

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Tue Nov 19 14:57:10 +0000 2019

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Rep. Mark Pocan @RepMarkPocan

This is personal for me. My first job was at Shopko--a Wisconsin retail chain for almost 60 years. Sun Capital Partners, a PE firm, bought Shopko, loaded it up with debt & forced them into bankruptcy. In June of this year, Shopko shuttered. 2,500 jobs lost in Wisconsin alone. — PolitiTweet.org

Posted Nov. 19, 2019 Hibernated

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Rep. Mark Pocan @RepMarkPocan

Today, @FSCDems will hold a much-needed hearing on the exploitative practices of private equity firms. Last year, PE firms managed $6-7 trillion in assets--money they often use to buy and flip other companies for profit, without regard for impacts on workers & communities. — PolitiTweet.org

Posted Nov. 19, 2019 Hibernated

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Rep. Mark Pocan @RepMarkPocan

We wouldn't be here without the success of a movement led by workers who experienced the brunt of PE firms' abuse. One of those groups, @forrespect, found that 597,000 workers at retail companies owned by PE have lost their jobs in the past 10 years. https://t.co/bzDtBYa1X0 — PolitiTweet.org

Posted Nov. 19, 2019 Hibernated