Category Archives: Legal

CalPERS Tries to Hide Its Dirty Laundry, Threatens Most Effective Board Member: “Quit or Else”

CalPERS has managed to descend to a new low. Its strategy of trying to sweep fundamental problems under the rug has reached the point that the rug is not just lumpy but also starting to move. The latest shocker (and it is shocking) is that the board has launched a plan to strip JJ Jelincic, […]

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Wolf Richter: Judge Reveals Shady Side of Crushed Aetna-Humana Merger, Banks to Lick their Wounds, Aetna to Get Pummeled

Yesterday, a federal judge blocked Aetna’s $34-billion acquisition of Humanam, citing concerns that their combined pricing power would raise costs to consumers.

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How Experts Enable Corruption: The Role of Conflicted Lawyers at CalPERS and Other Public Pension Funds

As Trump is about to be sworn in, the press and pundits are agog about his and his fellow Cabinet members’ deep and extensive conflicts of interest, and how dangerous they is for democracy.1 But the hue and cry about conflicts of interest is late in coming. They’ve been tolerated more and more over time […]

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Tillerson Dodges Discussing Who Knew What When about ExxonMobil’s Efforts to Deceive the Public on Climate Change

Secretary of State nominee Rex Tillerson dodges question about who knew what when at ExxonMobil about company’s history of promoting and funding climate science denial despite its internal awareness of the reality of climate change, as state AG probes continue.

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