2015 - Page 3 of 131 | naked capitalism

Holiday Schedule

Yes, dear readers, we will keep providing you with your daily fix over the holiday season.

CalPERS: Stockholm Syndrome and Cowardice on Private Equity Fee Disclosure

I have wanted to leave CalPERS alone. Really. Truly. But they keep asking for attention in the worst possible way.

2:00PM Water Cooler 12/22/2015

Today’s Water Cooler: TPP and the long game, Trump voters, Sanders record contributions, “falling fee” for elders, Juniper back door

U.S. Corporations Don’t Need Tax Breaks on Foreign Profits

Why a proposal to lower the tax rate on corporate funds that are “offshore” only from a tax perspective is just another corporate gimmie.

America’s Double Standard on Trade

Quelle surprise! The US fell all over itself to give Japan breaks on agricultural trade to cinch a TPP deal. But developing countries? Fuggedaboudit.

Wolf Richter: IPO Window Suddenly Closes, “Worst Year Since 2009,” Worst December Since 2008

The IPO market shutting down does not bode well for private equity returns, and may be sending a warning about real economy prospects.

2:00PM Water Cooler 12/21/2015

Today’s Water Cooler: Trump’s following, Sanders polling, the DNC and NGP VAN, subdued inflation pressure in 2016 (WTF?), AI and oligarchy

How Prefunding Retiree Health Benefits Impacts the Postal Service’s Bottom Line – and How Brookings Got it Wrong

Exposing the serious numerical and conceptual flaws of yet another study that uses the trumped-up claim that the Postal Service is trouble to justify dismembering it.

The Scientific Limits of Understanding Complex Social Phenomena

Economists, for the most part, resist the idea that economics can never be a scientific enterprise. Sadly, that posture has proven profitable for them.

Oxford City Football Club and its Onanistic Owner, Thomas Guerriero

Let’s start our latest illustration of how easily a reckless, internationally mobile crook can sidestep national regulators, with a helpful observation by Bess Levin at Dealbreaker in May 2010: Let it be known: if you are not interested in having your supervisor (circle all that apply:) send you videos of himself masturbating, texts about the […]