Author Archives: Yves Smith

Links 10/14/15

John Helmer: Autopsy of MH17 Crash and the Dutch Report

A detailed discussion of the Dutch Safety Board report on the downing of MH17.

Former Chief Investment Officer Slams CalPERS, CalSTRS, Other Funds for Doing Nothing When Told Blackstone Was Cheating Them

More on the appalling dereliction of duty of pension fund officials when they failed to act after Blackstone told them it was cheating them.

Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 1 of 2)

Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.

Come Join Lambert for the Democratic Presidential Debate

Since some of you will no doubt be watching the first Democratic presidential debate tonight, Lambert has graciously agreed to host a special feature

Links 10/13/15

After NC, Media Coverage of CalPERS and CalSTRS Private Equity Fee Lapses, California Treasurer John Chiang Calls for Legislation

California Treasurer John Chiang takes a big step forward by demanding legislation for much greater disclosure of private equity fees and costs

Russia’s Move In Syria Threatens Energy Deals With Turkey

Will the Turkish Stream project be a casualty of Putin’s bold moves in Syria?

Steve Keen: “Mainstream Economics” and Its Deadly Equilibrium Assumption

Steve Keen, one of the very few economists who forecast the crisis, on “What is ‘mainstream economics’ and why has it gone off the rails?”

Links 10/12/15

TPP Intellectual Property Chapter is “A Disaster for Global Health”

Yet another damming take on the TPP.

Payday Lenders Pay Off the System So They Can Keep Ripping Off Borrowers

Paying a visit to payday lenders at one of their conferences.

Links 10/11/15