Draghi’s Membership in Murky G30 Financial Group Under Fire
An official EU compliant about ECB chairman Mario Draghi puts the spotlight on a shadowy influence operation.
Read more...Author Archives: Yves Smith
Links 1/20/18
Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Rising mortgage rate are about to do some damage to the house party.
Read more...Climate Change Mitigation Pays Off $6 for Every $1 Invested…As Funds Targeted for Cuts
Why more isn’t being done on the climate change mitigation front.
Read more...In Brexit Tug-of-War, EU Aims at City of London’s Tax-Haven Empire
The Brexit row over banking is starting is to come out into open….
Read more...Links 1/18/18
The Long-Term Care Crisis: Premiums Exploding, Leaving Seniors With “An Awful Choice”
More on the long-term care insurance train wreck.
Read more...5 Ways Capitalist Logic Has Sabotaged the Scientific Community
A useful short list on how commercial and competitive pressures have undermined good scientific practice.
Read more...How Amazon’s Accounting Makes Rich People’s Income Invisible
How Amazon’s predatory non-profit model is a particularly potent form of rent extraction.
Read more...Carillion Must Now Also Face Justice for Blacklisting Trade Unionists
More on Carillion’s bad deeds.
Read more...Links 1/17/18
How Black Businesses Helped Save the Civil Rights Movement
How black business owners helped support the Civil Rights campaign in the US.
Read more...Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds
A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Read more...Why Is CalPERS Board Member/Governor Wannabe John Chiang Telling a Big Lie About CalPERS Private Equity Outsourcing Scheme?
Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
Read more...Intel: No Financial Meltdown
Some economists are Not Happy to see Intel getting away virtually scot free from its Meltdown and Spectre security train wrecks.
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