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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

354 Followers  |  358 Following  |  50 Posts  |  Joined: 14.11.2024  |  1.5676

Latest posts by rwasserman.bsky.social on Bluesky

We believe big financial and corporate interests have been winning too much and we want them to start losing more.

We believe big financial and corporate interests have been winning too much and we want them to start losing more.

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

30.05.2025 14:20 β€” πŸ‘ 7    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0
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β€œNo 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

20.05.2025 16:21 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

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.

16.05.2025 00:17 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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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.

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/

02.04.2025 19:23 β€” πŸ‘ 9    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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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

24.03.2025 16:31 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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The hidden takeover of our economyβ€”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.Β We already face economic assault from the southβ€”SCP's CEO Matthew Mendelsohn and Fellow Rac...

@rwasserman.bsky.social and I on how to stop the hidden takeover by American investors of Canadian businesses. #never51 #alwayscanada #elbowsup

socialcapitalpartners.ca/the-hidden-t...

13.03.2025 21:33 β€” πŸ‘ 9    πŸ” 6    πŸ’¬ 1    πŸ“Œ 2
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The hidden takeover of our economyβ€”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.Β We already face economic assault from the southβ€”SCP's CEO Matthew Mendelsohn and Fellow Rac...

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 usβ€”and 5 things we can do about it.

Read the ideas: tinyurl.com/mr3kxhmp

#CanadaSky

12.03.2025 14:11 β€” πŸ‘ 3    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Blog post: three ideas to make home ownership more affordable that aren't getting the attention they need.

Blog post: three ideas to make home ownership more affordable that aren't getting the attention they need.

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.

πŸ’‘Our CEO @mendelmatt.bsky.social with 3 things we can do:

Read: tinyurl.com/bddfna5x

#EconSky #CdnPoli #Housing

04.02.2025 16:12 β€” πŸ‘ 11    πŸ” 7    πŸ’¬ 3    πŸ“Œ 2

I hope this can bring us together. Country over party.

02.02.2025 03:37 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Whether people like him or not, that was a fantastic speech and great leadership. πŸ‡¨πŸ‡¦

02.02.2025 03:03 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I hope our current and aspiring leaders have the spines to have a united front. I’m very curious to see what Pierre Polievre has to say. He may have to say something nice about Trudeau for once in his life. He’s been quiet for too long.

02.02.2025 02:51 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Really impressed with what Trudeau is saying right now. Like him or not, this is great leadership. πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦

#cdnpoli #tradewar #cdnecon

02.02.2025 02:41 β€” πŸ‘ 14    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I wish I knew about this sooner! Hopefully it’s recorded!

21.01.2025 23:43 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

From mom and dad

17.01.2025 21:45 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Yeah, yeah, only an OHIP card, never a credit card to pay for healthcare in ON. πŸ™„BUT OHIP pays extra to for-profit healthcare providers. And often they are Private Equity β€œvultures.”

#VoteFordOut #SavePublicHealthcare

16.01.2025 12:41 β€” πŸ‘ 37    πŸ” 15    πŸ’¬ 3    πŸ“Œ 2

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.

16.01.2025 23:24 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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...

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

14.01.2025 18:21 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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The rise and rise of private equity Lately, investment firms are buying up vast swaths of Canadian businesses, including vet practices, drug stores and retirement homes. Are profits their only measure of success?

Thank you! That means a lot to me! You may also enjoy this podcast appearance I did

www.theglobeandmail.com/podcasts/lat...

13.01.2025 15:00 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

PE makes its money through extraction, not investment. It’s a zero sum game and they’re making the rules.

@scpartners.bsky.social

13.01.2025 03:34 β€” πŸ‘ 6    πŸ” 1    πŸ’¬ 0    πŸ“Œ 1

Thanks for sharing!

12.01.2025 22:27 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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A time for truth and reconciliation Trump’s return to the White House augurs the β€˜apokΓ‘lypsis’ of the ancien regime’s secrets

Looks like Elon has been sharing the ketamine.

WTF is this nonsense?!?

#financialtimes #peterthiel #ketamine #broligarchy

12.01.2025 20:58 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Oedipus called; even he thinks this is a bit much

#elon #mamasboy #presidentmusk #broligarchy

12.01.2025 03:27 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

More PE more Problems

12.01.2025 01:10 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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... From Robber Barons to Bezos: Is History Repeating Itself? | Robert Reich

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.

10.01.2025 00:36 β€” πŸ‘ 1949    πŸ” 463    πŸ’¬ 74    πŸ“Œ 33

Does Elon have any actual friends? Asking for a friend… because I have them.

08.01.2025 06:20 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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.

08.01.2025 05:38 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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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.

07.01.2025 17:07 β€” πŸ‘ 5294    πŸ” 1294    πŸ’¬ 536    πŸ“Œ 132

Spoiler alert! Join great peeps like @mendelmatt.bsky.social @agenestgregoire.bsky.social @cheryllcase.bsky.social @kaylietiessen.bsky.social @rwasserman.bsky.social
@lprochon.bsky.social @robin-shaban.bsky.social @silasxuereb.bsky.social @danrohde.bsky.social
@aechallinor.bsky.social

07.01.2025 18:39 β€” πŸ‘ 3    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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Holiday Travel Is Plagued By Corporate Power Consolidation comes home with you for the holidays.

Overbooked flights, lost luggage, endless delays. Holiday travel chaos isn’t bad luckβ€”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.

24.12.2024 23:01 β€” πŸ‘ 8    πŸ” 2    πŸ’¬ 0    πŸ“Œ 2
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@rwasserman is following 18 prominent accounts