In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse
Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.
Read more...Category Archives: Hedge funds
Kentucky Retirement Systems Lawsuit Targets New York Fixer Regina Calcaterra for Alleged Bid Fixing
What passes for the elite in this country is normally immune from prosecution or even career harm if they follow their monetary interests: curry favor with the right people, never cross anyone important unless the potential payoff is worth it. Morals be damned. We may have the gratifying spectacle of someone who openly, as in […]
Read more...In Response to Court Order, Kentucky Retirement Systems Releases 2,256 Page, Yet Incomplete, Investigation into Hedge Fund Shenanigans
Kentucky Retirement Systems is still in the whitewash business.
Read more...Kentucky Retirement Systems Ordered to Disclose Controversial $1.2 Million Report Used to Justify Inaction in Apparent Pension Looting by Hedge Funds
Kentucky Retirement Systems had a bad day in court, which is a good outcome for Kentucky citizens.
Read more...America, Land of the Dying? Alarming Study Shows U.S. Killing Its Own Population
American became an outlier among rich countries in mortality rates pre pandemic, and Americans are dying younger than their peers abroad.
Read more...Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
Read more...What Blew Our Financial Bubble So Big?
Why it’s more fun and profitable to be in the bubble economy than the real one.
Read more...Pennsylvania Public Pension Fund Trustee Katie Muth Has to Sue to Find Out What Fund Is Investing In
Proving how deep intransigence runs among public pension fund staff, PennPSERS trustee Katie Muth is suing to find out what the fund owns.
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Shareholder Activism: Icahn Targets McDonald’s Pig Pens
Carl Icahn seeks to force McDonald’s 2012 pledge to cease to use gestation crate to confine pregnant pigs within a decade.
Read more...SEC Investigating Possible Block Trading Abuses at Morgan Stanley, Goldman, Other Big Players
Mirabile dictu! More seriousness from the SEC!
Read more...New Study Explains How Coronavirus Stays Airborne Longer Than Previously Thought
New information on the airborne spread of Covid.
Read more...Endowments’ Money Management Destroying Value Demonstrates Economic Drain of Asset Management Business
How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...An Increase in Interest Rates Would Be An Act of Class Warfare
While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...Public Health Experts ‘Flabbergasted’ That Biden Still Hasn’t Picked an FDA Chief
At the heart of the tension is finding a nominee who balances the agency’s dual responsibilities of protecting public health while also working with the drug, medical device and other industries to approve products and treatments for market.
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