CalPERS Let New Fox in the Private Equity Henhouse: Silicon Valley Fixer Wilson Sonsini
Why Wilson Sonsini’s not-obvious role at CalPERS is another red flag for CalPERS’ private equity outsourcing scheme.
Read more...Author Archives: Yves Smith
Gaius Publius: More on the Cape Town, South Africa, Water Crisis
Cape Town is becoming ground zero of water scarcity….a future that will arrive for many more in the coming decades.
Read more...Links 2/10/18
Wizards and Prophets Face Off to Save the Planet
How to feed 10 billion people? Wizards, as in technophiles, and prophets, conservationists, have very different answers.
Read more...Six Things Urban Feminists (Make That Anyone) Should Never Say to Rural People
How urban people routinely sneer at their country cousins.
Read more...The Chinese Banking System: Much More Than a Domestic Giant
Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Links 2/9/18
US Stock Markets Enter Correction Territory as Dow Falls More Than 1000 Points
The stock market continues to be moody as investors fret that good economic data means more Fed rate hikes.
Read more...CalPERS Manages to Get Pretty Much Everything Wrong in Its Latest Asset Reallocation
CalPERS continues to be lousy at market timing.
Read more...UK Asks the Rest of the World to Be Super Duper Nice and Act as Its Old Deals Are Still Valid Post Brexit
Yet another Brexit train wreck.
Read more...Protests in Tunisia Over IMF-Promoted Policies….for Good Reason
Why the IMF’s standard prescription is a poor fit for Tunisia.
Read more...Links 2/8/18
The Payback: Why Aren’t Black Voters Rewarded by the Party That Depends on Them to Win Elections?
The Democrats don’t do much for black voters, and it’s getting a bit too obvious.
Read more...Why Australia’s Skilled Migration System Is Failing – Will the UK and US Take Note?
Why are skilled migrant programs not working all that well, in terms of employment outcomes?
Read more...Why Is the American Left So Prejudiced About the South?
Yves here. Having spent time in the South, in general, Northerners carry huge class prejudice against Southerns. The same way a British accent is worth 20 attributed IQ points, a Southern accent is an attributed reduction of about 10 points. The Southerns I know who are not treated that way are people who managed to […]
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