Elite College Money Woes: Wall Street Journal Notes but Underplays the Level of Negligence
A new story on the financial tsuris at even the most elite universities underplays how they’ve made poor investment choices for many years.
Read more...Category Archives: Hedge funds
Could Chinese Control Over Strategic Minerals Coupled with US Corruption Cripple the Sputtering US War Machine?
China tightens its grip on materials necessary for US military and its proxies as Washington turns to those who squandered American advantages to fix the problem — or profit from it.
Read more...Long-Running Kentucky Retirement Systems Case Surmounts Yet Another Procedural Spanner, Moves Closer to Discovery After Seven Years
The long-running Kentucky Retirement Systems case is clearing the remaining obstacles to getting to discovery.
Read more...Firm Behind £4M Labour Party Donation Invested in Weapons for Israel
Quadrature Capital, which gave the Labour Party’s largest-ever donation, held shares in arms companies that make Israeli fighter jets and bombs.
Read more...Elon Musk and Tesla Shape America’s Future. But Problems Run Deeper Than Tweets.
The financialization of U.S. firms making key products endangers American global leadership and, in Tesla’s case, climate change progress.
Read more...How Responsible Is the Rental Housing Cartel for the Explosion in Homelessness?
Since collusion in pricing and vacancy hit critical mass in 2016, homelessness has soared.
Read more...Kentucky Retirement Systems Plaintiffs Seek Repayment from KKR Entities of Misappropriated $137 Million Plus Interest and Punitive Damages, Totaling $771 Million….Oh, and An Accounting Too
The Tier 3 Plaintiffs in the long-running public pension case, Kentucky Retirement Systems, are fast off their marks with a blockbuster filing.
Read more...Game Finally On! Judge Denies Key Motions to Dismiss in Kentucky Retirement Systems Litigation, Subjecting KKR, Blackstone, PAAMCO, and Top Financiers Henry Kravis, George Roberts, Steve Schwarzman, and Tomlinson Hill to Discovery
The much-delayed Kentucky Retirement System cases are finally moving forward, causing heartburn to some top names on Wall Street.
Read more...Michael Hudson: Higher Education Crapification – The New School Case Study
How the education part of higher education has become an afterthought.
Read more...We Deserve Medicare for All, But What We Get Is Medicare for Wall Street
An overview of health care, particularly Medicare, rentierism, with private equity playing a starring role.
Read more...“Should CalPERS Fire Everyone and Just Buy Some ETFs?”
Another well-substantiated critique of CalPERS’ investment performance.
Read more...Beware Climate Finance Charade
Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.
Read more...Quelle Surprise! High Fee “Alternative Investments” Produce Serious “Negative Alpha” as in Underperformance as Managers Get Rich
In his latest paper, investment expert Richard Ennis continues showing how alternative investments destroy value.
Read more...Oil Prices, Oil Profits, Speculation, and Inflation
n the not inconsiderable role of speculation in the crude oil market in the increase in the WTI crude oil price.
Read more...Crash Landing? Part 2 – The Usual Suspects
What parts of the financial system are most vulnerable to a crash?
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