CalPERS Former CFO Charles Asubonten’s Appeal of Termination Confirms Due Diligence Failure by CalPERS; Will Board Hold CEO Marcie Frost and General Counsel Matt Jacobs Accountable?
The final chapter in CalPERS’ sorry Asubonten affair.
Read more...Author Archives: Yves Smith
Missed Visits, Uncontrolled Pain And Fraud: Report Says Hospices Lacks Oversight
Hospices, which were intended to offer a dignified and humane alternative to costly and often painful and distressing end of life “interventions,” sadly often offer substandard care.
Read more...Debunking the Putin Panic with Stephen F. Cohen
Professor Stephen F. Cohen stresses that while there is much to criticize Putin for, many US political and media claims about him are false and reckless,
Read more...More Brexit Grim Tidings: WTO Warns Ireland to Prepare for Crash-Out; Deutsche Moves Half of Euro Clearing Ops to Germany; Food Freakout
More on how the Brexit situation is developing not necessarily to the UK’s advantage.
Read more...Bill Maher Leads Attack on Larry Wilkerson over Trump Meeting with Putin
Larry Wilkerson is roughed up by Bill Maher for the crime of saying taking steps to avert nuclear war with Russia is a good idea.
Read more...Google Android: European ‘Techlash’ or Milestone in Antitrust Enforcement?
A discussion of the legal and economic issues at play in the EU Competition Commission’s antitrust ruling against Google for abuse of its dominant position with Android phones.
Read more...Can the Migration Plan of Spain’s PSOE Reverse the Fortunes of Europe’s Social Democrats?
Why he future of the EU social democratic parties very likely depends on how the PSOE will address the migration issue.
Read more...Links 7/27/18
Michel Barnier Nixes Theresa May’s Customs Union Scheme as Bad Brexit Dynamics Worsen
More Brexit Groundhog Day as the EU is compelled to say the same old “nos” to the UK.
Read more...Tom Engelhardt: Three Failing Experiments – Mine, America’s Humanity’s?
Engelhardt’s birthday post reflects on how failings are catching up with us, individually and collectively.
Read more...China Pumps $74B Into Banks Amid Credit Crisis
China throws some money at banks to offset the effects of its deleveraging initiative.
Read more...The World Is Hot, on Fire, and Flooding. Climate Change is Here.
In the midst of a global heat wave, the media refuses to talk about climate change.
Read more...Links 7/26/18
CalPERS Pays $3.4 Million to Dow Jones to Settle Massive Copyright Infringement That We Exposed
CalPERS has torched $4 million total in beneficiary funds so far by acting as if it were above the law and could steal from journalists and publishers.
Read more...The Middle Precariat: The Downwardly Mobile Middle Class
The middle class has taken a big hit. Is it going to mobilize?
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