Author Archives: Yves Smith

Elizabeth Warren’s “Foreign Policy”

Yves here. I hate to seem unduly hard on Warren, but she has made having detailed and supposedly well informed policy positions here calling card. This post by Ilargi examines one she volunteered, as opposed to backed into by being questioned in an interview or a debate. By Raúl Ilargi Meijer. an editor at Automatic […]

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Financialization of the U.S. Pharmaceutical Industry

A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.

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CalPERS Should Thank Us for Publicizing, and Therefore Undermining Their Repeated Efforts to Hand Private Equity Portfolio to BlackRock: BlackRock’s Mark Wiseman Fired for Affair With Subordinate, Leading to Suspension of New Investments from “Warren Buffett” Style Megafund

How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.

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