Category Archives: Corporate governance

Federal Judge Nixes Proposed Monsanto Glysophate Settlement, Deepening Black Hole for Bayer

More on the well-deserved Monsanto litigation world of hurt.

CalPERS Long-Term Care Program Bleeds Policyholders Dry via 10X Higher Premiums, Gross Mismanagement, Bad Faith Dealing

CalPERS continued to abuse its long-term care policy holders, via contract-defying rate increases vastly higher than other insurers.

Bank Shot: Financial Giants’ Return to Manhattan Gives Smaller Businesses Hope

Some bank CEOs are telling their workers to return to the office in the next few months. If Covid stay tame, will other companies follow?

California Judiciary Committee Gives Blistering Assessment of CalPERS’ Fiduciary Duty Failings in Analysis of Fraud-Friendly Private Debt Secrecy Bill

The Judiciary Committee’s analysis of a CalPERS-sponsored bill shows that Sacramento is noticing the fund’s chicanery and incompetence.

Latest Filings in Devastating Lawsuit Against Bank of America, Credit Suisse, and Bayer Board Members and Executives Over Disastrous Monsanto Acquisition

More artful lawyering in the derivative case against Bayer management, its board and financial advisers over the disastrous Monsanto purchase

Why Work at Home Is Not Likely to Thrive After the Covid Era

Despite its popularity, expect work at home to be reined in when we reach life after Covid.

Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy.

History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy.

CalPERS Laughingstock: Marcie Frost, Who Previously Pursued Non-Existent Dual Bachelors/Masters Degree, Designates Herself Law School Grad and Bar Member; Investment Committee Chair Theresa Taylor Admits Not Knowing What SPACs Are

CalPERS’ leadership has such an advanced case of Dunning Kruger effect that they can’t recognize when they are making fools of themselves.

CalPERS Board Member Theresa Taylor Outs that a Staff Member Has Committed Fraud; When Will Giant Pension Come Clean?

Yet more misconduct at CalPERS.

Former Board Member JJ Jelincic Sues CalPERS Over Illegal Secret Board Discussion After CIO Ben Meng’s Abrupt Departure and Hiding of Records Related to $583 Million Overstatement of Real Estate Assets

Former CalPERS board member JJ Jelincic is pursuing the thankless task of getting the agency to shape up. He may have found a leverage point.

Recent Judge Rakoff Decision May Curb Private Equity Leverage Abuses By Pinning Liability on Directors of Selling Company

Some of the worst private equity practices, like buyers pulling out more cash at closing than they put in, were targeted by a recent ruling.

Global Coup d’État: Mapping the Corporate Takeover of Global Governance

Why you should be very, very worried when our supposed betters start talking up the newest neoliberal Trojan horse, global governance.

Working From Home: Too Much of a Good Thing

Why and how much the working from home trend is likely to be unwound post Covid (assuming a post Covid).

The Dangers of Sustainability Metrics

A favorite topic: the downside of fetishinzing metrics.

Blockbuster Lawsuit Targets Deutsche Bank Executives and Supervisors for Epic Abuses, Value Destruction

An important suit taking aim at the extensive misconduct of Deutsche Bank executives and board members is grinding its way through court.