"For our global economy to thrive and grow again, corporations, governments, and non-state actors -- like labor unions -- must work together towards a system where competition is based on the quality and sustainability of goods and services provided, not by a race to lower costs at the expense of workers, the environment, and product quality," said SEIU International President Andy Stern today during a global news briefing as the Private Equity Super Returns conference got underway in Berlin.

Stern met with Philip Jennings, general secretary of UNI Global Union; Jack Dromey, deputy general secretary of UNITE and John Evans, general secretary of Trade Union Advisory Committee (TUAC) to the OECD, to demand immediate reforms to private equity in order to help avoid further economic crisis and future unfettered corporate greed. Read more.