Is the Sacramento Bee in the Business of Protecting CalPERS?
So why did the Sacramento Bee do CalPERS a big favor, particularly when CalPERS is clearly in the wrong?
Read more...Author Archives: Yves Smith
The Super Wealthy Oxycontin Family Supports School Privatization With Tactics Similar to Those That Fueled the Opioid Epidemic
How the marketing model the Sackler family developed to promote OxyContin is being applied to one of their pet causes, charter schools.
Read more...John Helmer: Oleg Deripaska, Russian Oligarch Accused of Buying Influence via Paul Manafort, Tries Listing Aluminum Shares In London. Hijinx Ensue (But Not Buyers)
A London stock float reveals the Achilles heel of Russian oligarch, Putin ally, and former Manafort client Deripaska: dependence on US sales.
Read more...Hard Brexiters Continue Humiliating Theresa May
How long will Theresa May serve as a hard Brexiter punching bag?
Read more...Uber and SoftBank Might Finally Have a Deal….But What Does It Mean?
It’s taken Uber four months to perhaps cinch a deal with SoftBank, while the spectacularly loss-making company is no closer to making money.
Read more...Links 11/11/17
That’s Not MY Greenhouse Gas!
Climate pacts like the Paris Accord do little because they focus on in-country greenhouse gas emissions, not ones based on consumption.
Read more...Why Does the Euro Area Have Such Low Growth and High Unemployment?
Why has the Euro area not delivered on its economic promise?
Read more...Confirming Details for Next Wed, Nov. 15 Atlanta and Monday Nov. 20 Birmingham Meetups
Confirming time and venue for our upcoming Atlanta and Birmingham meetups!
Read more...Matt Bruenig: Land as Soil and Land as Space
Looking at arguments used to justify original claims on land (meaning private ownership versus common ownership or use).
Read more...More Signs Brexit Negotiations Coming Apart
More less than encouraging news on the Brexit front.
Read more...Trump’s “$250 Billion” of China Trade Deals: As Usual, Hype Greatly Exceeds Reality
Trump’s much ballyhooed China trade deal gives way less than meets the eye.
Read more...Kingdom Of Fear: Saudi Arabia On Lockdown
Saudi Arabia is in the midst of a political and informational crackdown.
Read more...CalPERS Corruption Watch: Chief Investment Officer Ted Eliopoulos Takes Illegal Business Solicitations From Recent Employee
On the one hand, the latest public disclosure of misconduct by CalPERS executives and staff isn’t earthshaking. On the other, it was still significant enough to merit a Financial Times story. And it also illustrates a thumb-nosing attitude toward the law that has become a CalPERS trademark. In a Financial Times FundFire article, Ex-CalPERS Exec’s […]
Read more...Why You Should NEVER Buy an Amazon Echo or Even Get Near One
Why Amazon’s Echo, Google’s Home, and other “home assistants” are a threat to your privacy.
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