Talk:Steve Feinberg
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Updates to Steve Feinberg's Wikipedia Entry
[edit]My name is Mike Schuler and I am writing in my capacity as vice president of external affairs at Cerberus Capital Management L.P. regarding the Wikipedia entry for Steve Feinberg, Cerberus's founder.
I have corresponded with Geoffrey Lane of Wikipedia over the past several months regarding our intention to update this article and recently received Mr. Lane’s suggestion and encouragement to use this Talk Page to begin the update process.
Given that Wikipedia is an important resource on the Internet for fair and community-sourced information, the suggested edits are meant to make Steve's entry more accurate and to help bring it in line with those of his industry peers.
I am posting here on the discussion tab to be transparent about our intensions. We plan to make the updates on August 9th.
I look forward to increasing the accuracy of Mr. Feinberg's Wikipedia entry as well as to conforming with Wikipedia’s policies regarding biographies of living individuals.
Thank you, Mike Schuler [User:Emschulerccm] Vice President, External Affairs Cerberus Capital Management, L.P. — Preceding unsigned comment added by Emschulerccm (talk • contribs) 17:01, 23 July 2013 (UTC)
- this has got to be one of the most carefully managed wikipedia articles on the site. ~2026-30196-6 (talk) 03:19, 7 April 2026 (UTC)
External links
[edit]These seem to be unattributed references, I will try and see where they fit because as a whole they shouldn't be under this section.--LedgerTom (talk) 16:49, 12 January 2016 (UTC)
Trump's Pick for investigation
[edit]A section is needed. I will wait for a few days for those who follow to add.Report: Trump ally to review intelligence agencies--Wikipietime (talk) 12:24, 16 February 2017 (UTC)
Sentence belongs in professional section and not intro
[edit]The sentence “Through Cerberus Feinberg also ownes DynCorp…” does not belong in the intro to Feinberg’s page. I’ve placed it in the Professional career section. The last part of the sentence about "charging billions" is sensational and does not reflect a NPOV (from the anonymous Wiki editor who keeps putting it in or the news source). If anyone wants to go into more detail about Cerberus or DynCorp, they should do so on those business pages and not on Feinberg’s page. AnalyticCat (talk) 07:48, 11 July 2017 (UTC)
Needs updating
[edit]https://ca.finance.yahoo.com/news/private-equity-lands-billion-dollar-080012712.html
Anyone? Or shall I propose? Wikipietime (talk) 13:14, 22 June 2020 (UTC)
And unverified puff Wikipietime (talk) 15:24, 22 June 2020 (UTC)
Removed promotional sentence
[edit]The article used to claim that Feinberg "turned around many businesses and made them profitable again". While this is a gross way to explain what private equity firms do in general, the source for this claim was also dubious. Here is the part where this claim is made:
"The Trump campaign sought Mr. Feinberg’s assistance because of his experience turning around multiple businesses at Cerberus, including in the auto industry, people close to the campaign said. Cerberus became well known for buying Chrysler in 2007, only to have its equity wiped out in the car maker’s subsequent bankruptcy."
It's basically somebody close to Trump that said this to justify his appointment, its unreliable. The journalist balances this POV factoid by saying that he's mostly known for he's company's catastrophic management of Chrystler. Mottezen (talk) 05:16, 11 November 2020 (UTC)
Sandy Hook
[edit]"the manufacturer of the gun that was used at the 2012 Sandy Hook Elementary School shooting."
Why is this in the article? That's one gun (if you believe the Sandy Hook psyop). Remington has made zillions of guns. WithGLEE (talk) 14:11, 4 January 2023 (UTC)
- I have removed the sentence, as it is indeed a case of cherry picking. Cilidus (talk) 18:51, 11 January 2023 (UTC)
Controversies on Ukraine war topic
[edit]It would be good to add the information on Feinberg's stance on Ukraine war and other issues related to his work as Deputy Defense Secretary. Internetyev (talk) 14:49, 26 February 2025 (UTC)
Allegations of massive fraud
[edit]Stephen Feinberg has faced scrutiny over his private equity practices and alleged ties to financial irregularities. Critics highlight his role in the collapse of the Steward Health Care hospital system, allegations of massive fraud involving shell companies, and his firm's ownership of a military contractor that paid millions to settle fraud lawsuits. Feinberg overseen Cerberus-controlled Steward Health Care, which was accused of selling hospital assets for profit, leading to bankruptcies, closures, and severely reduced healthcare access in communities. Whistleblower allegations, highlighted by the Project On Government Oversight, allege "massive fraud" by Cerberus and Feinberg, involving the use of shell companies for money laundering, notes the Project On Government Oversight. Cerberus owned DynCorp International, a defense contractor that paid $7.7 million in 2011 to resolve allegations of submitting inflated claims for work in Iraq, notes the Private Equity Stakeholder Project PESP. Concerns have been raised regarding his potential conflicts of interest as a major investor in defense companies while in consideration for high-level Pentagon positions. He has been criticized for "stripping" companies of assets, leading to job losses and diminished long-term viability of acquired entities. ~2026-14776-02 (talk) 16:11, 9 March 2026 (UTC)
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