"Change to Win" Chairwoman Anna Burger tells us why it's important to monitor the activities of private equity firms - especially when it involves your tax dollars and your loved ones. Today these firms buy out publicly traded companies and take them private. Then, with no regulations to restrict them, they cut costs by slashing jobs and buying cheaper supplies. This gives them a better "bottom line" and makes the companies easier to sell off, usually in pieces, to the highest bidder. While this makes private equity firms wealthy (they take huge "fees" for themselves and use a tax loophole to shelter it) their profit comes at the expense of everything else in the business - including their customers. That cannot be allowed to happen with quality care facilities for our parents and grandparents.