The Fatuous Uproar About Robinhood and GameStop
The Robinhood contretemps shows how the US confuses a financial casino for productive activity.
Read more...Category Archives: Hedge funds
More Jockeying on Kentucky Pension Case, Mayberry v. KKR
Mayberry v. KKR may finally be getting to the starting line.
Read more...Mayberry v. KKR Is Back as Attorney General Intervention Approved, Beneficiaries’ Counsel Files Third Amended Complaint
The latest on the seemingly never-ending Kentucky Retirement Systems case, Mayberry v. KKR.
Read more...To Beat China, US Should Tax Ray Dalio Out of Existence
A recap of the recent China “Bund Summit,” which included discussion of China’s continuing need for foreign capital.
Read more...An Indictment of the “Standard Model” for Pension and Endowment Investing
A lucid and daming explanation of why public pension funds and other instutitional investors regularly fall short of popular indexes.
Read more...22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns
Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
Read more...Brawl Over Mayberry v. KKR: Big Hearing Monday Over One Contested Issue, Whether Attorney General Can Intervene in Kentucky Retirement Systems Case
The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.
Read more...Racial Disparity in COVID-19 Deaths: Seeking Economic Roots in Census Data
The higher rate of black deaths to Covid-19 appears due to higher infection rates. That suggests that work and living conditions put them much more at risk.
Read more...Mayberry v. KKR Plaintiffs File Amended Complaint, Refuting Standing Issues in Recent Kentucky Supreme Court Decision
Another front opens in the landmark public pension case, Mayberry v. KKR
Read more...Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case
The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.
Read more...Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR
How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.
Read more...New Study Slams Public Pension Funds’ Alternative Investments as Drag on Performance, Identifies CalPERS as One of the Worst “Negative Alphas”; Shows Folly of CalPERS’ Desperate Plan to Increase Private Equity and Debt and Go Bigger Using Leverage
A new paper shows that public pension fund investment in “alts” like real estate and private equity hurt returns and failed to lower risk.
Read more...US Corporations a Driving Force Behind ‘Unprecedented Wave’ of Global Land Privatization: Report
This Oakland Institute study documents how the neoliberal project proceeds, with US interests pushing to privatize land in the Global South.
Read more...Wall Street’s Useful Idiot: Financial Times Shills for CLOs….as Fed Hasn’t Bailed Them Out
A major story on the CLOs chooses not to address the key questions.
Read more...Puerto Rico: Earthquake Aftershocks and Aftermath
Thousands of the inhabitants of Puerto Rico still huddle in outdoor shelters, and FEMA has yet to approve assisted rent to relocate people.
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