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Gretchen Morgenson

Gretchen Morgenson is the senior financial reporter for the NBC News Investigative Unit. A former stockbroker, she won the Pulitzer Prize in 2002 for her "trenchant and incisive" reporting on Wall Street.

Gretchen Morgenson is the senior financial reporter for the NBC News Investigative Unit. A former stockbroker, she won the Pulitzer Prize in 2002 for her "trenchant and incisive" reporting on Wall Street.


Latest from Gretchen Morgenson

Retirement anxiety brings battleground blues for Biden in states like Pennsylvania

Overall, the economy is humming, which favors a sitting president at election time. But retirement anxiety among voters in battleground states is complicating the 2024 picture.
25d ago

Cancer patients say this hospital turned them away

New Mexico's Memorial Medical Center says it doesn't turn away patients. Thirteen cancer patients said they met with denials of care or demands for money up-front.
37d ago

How private equity rolled Red Lobster

When a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent.

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

Prosecutors are examining financial practices at Block, owner of Cash App and Square. An internal document indicates Block processed transactions for terrorist groups.
82d ago

A new study reveals the states where private equity has the most influence on housing, health care, jobs and pensions

A new study by Private Equity Stakeholder Project identifies the states where private-equity firms have the most influence over health care, housing, jobs and pensions.

Who put up Trump's $175 million bond? A subprime car loan billionaire who has run afoul of regulators

Providing Donald Trump’s $175 million appeal bond when other insurers wouldn’t is business as usual for California financier Don Hankey.
89d ago

Senate investigating whether ER care has been harmed by growing role of private-equity firms

The Senate has asked three private-equity firms for info on how they run or staff hospital emergency departments to see if private equity’s role has harmed patients.
108d ago

Her son was doing well at a clinic serving kids with autism. Then private equity took over.

Five years after being bought by a private-equity firm, one of the most successful companies serving children with autism declared bankruptcy. What happened?

Federal regulators are probing whether Cash App leaves door open to money launderers, terrorists

Federal regulators are exploring allegations that Cash App and entities providing services to its users performed inadequate due diligence, potentially opening the door to money laundering and terror financing.
187d ago

Patients at private-equity-owned hospitals get more infections and fall more often, says a new study by Harvard researchers

Patients receiving care at hospitals owned by private-equity firms get more bloodstream and surgical site infections and fall more often, says a new study in the Journal of the American Medical Association.

Vital signs vs. dollar signs: At HCA hospitals, the person monitoring your heart may monitor 79 other patients, too

The people who monitor hospital patients’ vital signs are often not nurses but “telemetry” technicians. Critics say HCA's staffing of telemetry units shows how it puts profits ahead of patients.