How Your State and Local Tax Dollars Paid for Private Equity Firm TPG’s Elton John Appearance
Yet another example of how private equity operates by its own set of self-serving rules.
Read more...Category Archives: Banana republic
CalPERS Plans to Violate California Constitution, Pave Way for Hiring Under-Qualified Candidate, for Critically Important Job of Chief Actuary
CalPERS is up to no good yet again.
Read more...TRIPS: The Story of How Intellectual Property Became Linked to Trade
Why intellectual property rights are a form of private tax, and how they are abusive when applied to IP developed out of public funding.
Read more...Private Equity Consultant Hamilton Lane Trots Out New Excuse, “Evil Populists,” for Already-Flagging Private Equity Performance
Funny how it’s OK for defenders of the 0.1% like Hamilton Lane to blame class warfare on their soon-to-be-fallen standing, but not the 99%.
Read more...Nomi Prins: Hillary Clinton Will Continue the Big Bank Protection Racket
Hillary Clinton has apparently never met a well-heeled banker she didn’t like….
Read more...“Hilariously Corrupt”: Former SEC Chairman Arthur Levitt Attacks Elizabeth Warren for Criticizing SEC Inaction; He Did Just That in 2015
Apparently it’s OK for former chairmen like Arthur Levitt to criticize the SEC, but not senators, and above all not Elizabeth Warren.
Read more...Dean Baker: Rigged – How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
Dean Baker explains how market structure, which results from policy choices, legislation, and regulation, serve the rich first and foremost.
Read more...Bill Black: Debt Derangement Syndrome – Saving Our Grandkids from Wall Street
Debt scaremongering is baaack! Why Pete Peterson and his budget falsehoods are a danger to your and your grandkids’ financial health.
Read more...Rise of the Politics of Rage
Is rage the undercurrent of increasingly anti-globalist politics?
Read more...Validating Wikileaks Emails [Just The Facts]
Why the claim that Wikileaks e-mails were doctored looks to be false, and journalists are falling down on the job in not checking themselves
Read more...Why Not Listening to Naked Capitalism Is a Mistake (and We Mean You, CalPERS)
How your support has helped us get CalPERS to pay attention and shape up even when most assuredly didn’t want to.
Read more...Another Huge Brexit Spanner in the Works: UK Faces Customs Train Wreck With Need for IT Upgrade
The UK faces a customs nightmare as IT systems needed to handle the new volumes and requirements are almost certain not to be ready on time.
Read more...Ilargi: Ungovernability
“Ungovernability: or why the legitimacy crisis will only get worse.
Read more...Wolf Richter: Wells Fargo Hasn’t Changed One Iota – Aggressive Cross Selling Baked In
This is Naked Capitalism fundraising week. 1282 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the […]
Read more...How 401(k) Plans Stack the Deck to Get Chump Investors to Sign Up for Doggy Sponsor Funds
Yet more reasons to be leery of 401 (k) plans.
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