The Downside of Market-Minded Philanthropy
Beware of squillionaires practicing philanthropy…..
Read more...Author Archives: Yves Smith
Trillions In IPO Funds At Risk Over Government Shutdown
It turns out the often-maligned SEC is much missed as the Federal partial shutdown puts the IPO market on hold.
Read more...China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Read more...Thoughts on Warren and Sanders: How Much Change Is Needed in 2021?
A look at Warren’s and Sanders’ fundamental political stances and what they might mean for their 2020 campaigns.
Read more...How Shocking Was Shock Therapy?
Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
Read more...Links 1/10/19
Kamala Harris Tells Big Lie: That 2012 Mortgage Settlement Was a Good Deal for Homeowners
Kamala Harris’ supposed big accomplishment, of getting California a better deal in the 2012 mortgage settlement, isn’t anything to boast about.
Read more...New Documents Reveal a Covert British Military-Intelligence Smear Machine Meddling In American Politics
The Orwellianly-named Integrity Initiative is bringing international disinformation campaign, road tested in Europe. to the US, in the form of a “political smear unit.”
Read more...Here’s What a Real Strike Looks Like: 150 Million Say No to Despotism in India
The Modi government is trying to stare down large-scale strikes against its labor “reforms” in India.
Read more...Health Insurer Greed or Desperation? An Odd Data Point From Cigna
Cigna looks way too eager to squeeze money from customers.
Read more...The Mysteries Surrounding Rhodes Pharmaceuticals, the Sackler Family’s Second Opioid Company
The Sackler family has managed to hide its ownership of a drug company with an even bigger share of the US opioid market than Purdue Pharma.
Read more...The Economics of Cryptocurrency Pump and Dump Schemes
Quelle surprise! Scammers have cooked up trading schemes to defraud upstanding cryptocurrency users.
Read more...Wolf Richter: Housing Bubble Trouble in Silicon Valley & San Francisco
Housing is going pear-shaped in California tech-land….and you can’t blame it on a tech bust.
Read more...Links 1/8/19
CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause
CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.
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