Author Archives: Yves Smith

As COVID Rages, Bankruptcy Cases Fall…..For Now

The good news about bankruptcy under Covid is not likely to last.

Warning: If Your Business Depends on a Platform, You Don’t Have a Business

A warnign to small fry Internet content producers: time to think of getting your own platform as a matter of self-preservation.

Pension Bridge Presents Former CalPERS CIO Ben Meng as ESG Leader Despite California Investigation for Conflict of Interest That Led to His Exit

Pension Bridge discredits itself by inviting former CalPERS CIO Ben Meng, under investigation for ethics violations, to speak at its ESG event

Epidemic of Despair Could Haunt America Long After COVID

The pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations.

More on the GameStop Short Squeeze: GME Myths Busted

Explaining why some of the nefarious theories about the evil GME short sellers are all wet.

Investors Not Reassured by Apollo Trying to ‘Splain Leon Black’s $188 Million in Payments to Serial Child Rapist Jeffrey Epstein

Apollo is not having much success with its claim that a $188 million paid by Leon Black to Jeffrey Epstein in fees and loans was bona fide.

Covid Road to Hell Paved with Good Intentions

Rich countries are subverting a program to assure that poor nations can afford Covid vaccines. Is a WTO mechanism a way out?

Long-Haul Covid Cases Cast New Light on Chronic Fatigue Sufferers

Getting a better understanding of long Covid, including its worrisome frequency.

Links 2/2/2021

Some Implications of the GameStop Short Squeeze

The seeming success of the GameStop short-slayers could in the long run come at high cost to some of them and most of us.

Elizabeth Warren’s Not-Ready-for-Prime-Time Robinhood/GameStop Intervention

Elizabeth Warren is back in swinging hard, but she’s not yet connecting with the balls.