Rail Workers Acquitted in Trial on Deadly Lac-Mégantic Oil Train Disaster
A jury acquitted front line workers in the horrific Lac-Mégantic “bomb train,” but the higher-ups have not been held to account.
Read more...Category Archives: Hedge funds
Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds
A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Read more...Legatum: the Brexiteers’ Favorite Think Tank: Who is Behind Them?
Arguably the UK’s most influential think tank, Legatum’s background in ‘disaster capitalism’ reveals much about its Brexit agenda.
Read more...Aurelius Capital Sues to Dismiss (Our Colony) Puerto Rico’s Bankruptcy Case Based on the Appointments Clause
An Aurelius Capital lawsuit supports both good governance and an end to Puertoo Rico’s colonial status.
Read more...Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
It would be nice if people who made pronouncements about the financial crisis knew what they were talking about.
Read more...Some Public Pension Funds Taking on Outsized Private Equity and Hedge Fund Fees
Public pension funds might finally be getting over their unhealthy co-dependent relationships with private equity and hedge funds.
Read more...Illinois Bill Targets Carried Interest Loophole
The Illinois, New York and Connecticut legislatures are end-running the Feds by going after the carried interest loophole.
Read more...Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment
ISDS suits are increasingly getting financial backing from speculators like hedge funds.
Read more...Richmond Fed’s Jeffrey Lacker Departs Due to Leak: Defenestration as Coverup?
In a stunning development, Richmond Fed president Lacker resigned over a leak under investigation since 2012. The details are not pretty.
Read more...Dismantling Public Education: Turning Ideology into Gold
Following the money behind the campaign against public education.
Read more...“Hedge Fund Industry Gets Critical Trustee Defeated in Election”
Hedge funds score another win over sound public pension fund governance.
Read more...Johnson: Elites Eying the Exits Signals America’s Crisis
The elites think they can hide from the pending collapse of civilization.
Read more...How Experts Enable Corruption: The Role of Conflicted Lawyers at CalPERS and Other Public Pension Funds
As Trump is about to be sworn in, the press and pundits are agog about his and his fellow Cabinet members’ deep and extensive conflicts of interest, and how dangerous they is for democracy.1 But the hue and cry about conflicts of interest is late in coming. They’ve been tolerated more and more over time […]
Read more...Calling Readers! Fight for Corruption-Busting SC Treasurer Curt Loftis As GOP Tries to End His Pension Oversight Role
Pension-corruption-fighter/state Treasurer Curt Loftis is under attack. Urge everyone you know in South Carolina to come to his defense.
Read more...Trump Selects Jay Clayton, S & C Partner, to Head SEC
Trump’s choice to head the SEC, prominent corporate lawyer Jay Clayton, is much more of a mainstream pick than many of his other appointments so far.
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