Good Riddance, Alan Greenspan
Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.
Read more...Category Archives: Hedge funds
Senate Democrats to Introduce Bill to Limit Private Equity and Big Investor Ownership of Single Family Homes Despite Nearly Zero Impact on Affordabilty
On of Trump affordability ideas, of limits on big investor ownership of single family homes, is moving forward even though it won’t do much.
Read more...Satyajit Das: The Shadow of Financial Instability
Shadow banks, rebranded as anodyne “non-bank financial institutions” are larger than ever and pose a threat in a new financial crisis
Read more...Housing a Basic Right or Playground for Global Capital? – Paul Jay
How the financialization of housing destroys the societal fabric and why we need to make housing public infrastructure—like schools or libraries.
Read more...Tariff Turmoil and the Money Markets: Yet Another Rescue Coming
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...New SEC Chief on Board with Letting Retail Chumps Invest in Private Equity Even as Pros Like Kuwait Sovereign Wealth Fund Sound Red Alert
The SEC, in its munificence, is planning to allow more retail investors to be fleeced by private equity.
Read more...Decisive Win for Pensioners, Taxpayers in Kentucky as Judge Wingate Rejects Attorney General’s “Get Out of Jail for Almost Free” Scheme for KKR and Blackstone
The plaintiffs seeking to claw back funds from misbehaving finance titans like KKR and Blackstone continue their winning streak.
Read more...Satyajit Das: The Unravelling – Part 2: Contagion & Containment
Mapping the contagion fever chart of how a Trump financial meltdown might unfold.
Read more...How the American Economy Is Rigged to Serve the Rich, and Why Tariffs Won’t Change That
The money to support well-paid American jobs exists—it’s just being hoarded by the rich.
Read more...As US Markets Look a Bit Wobbly, the Press Looks for the Next Crisis in the Rear View Mirror
The Wall Street Journal worried about the giddy mood at the annual structured industry conference. But is where to look for the next crisis?
Read more...After We Amplified Warnings of Wildly Overvalued Unicorns, They Crash and Burn
A Win in Long-Running Kentucky Retirement Systems Pension Case: Attorney General Thwarted in Scheme to Settle Claims Against KKR and Blackstone on the Cheap
In a step forward for long-suffering Kentucky Retirement Systems (now Kentucky Public Pension Authority) beneficiaries, attorneys for so-called Tier 3 Plaintiffs beat back a scheme by Attorney General Russell Coleman to settle claims against private equity kingpins KKR and Blackstone on the cheap…oh, and completely drop claims against their top partners, here the famed Henry […]
Read more...Is Trump Serious About Trying to Close the Private Equity Carried Interest Loophole?
Trump wants to revive his 2017 plan to curb a private equity tax abuse, the so-called carried interest loophole. Is he likely to succeed now?
Read more...New Filing Details How Crooked Attorney Ann Oldfather and Kentucky Attorney General Russell Coleman Conspired to Sell Out Underwater Pension Funds and Taxpayers to the Tune of Hundreds of Millions, Even >$1 Billion, in Lost Recoveries
As more legal filings and reviews show, Ann Oldfather and Attorney General Russell Cameron are shafting Kentucky taxpayers for their benefit
Read more...More Kentucky Dirty Dealings: Attorney General Schemes to Leave Hundreds of Millions in Pension Recovery on the Table, Give Sweetheart Payout to Attorneys, To Settle Claims Against Private Equity Kingpins KKR and Blackstone, Including Ones by Plaintiffs the AG Does Not Represent
A new legal low: the Kentucky Attorney General wants to gift the pension fund’s money to KKR and Blackstone to settle claims against them.
Read more...