China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids
How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...The Financial Times debunks private equity flim-flammery even as CalPERS and others sign up for more.
Read more...Texas is counter-sanctioning Big Finance firms over Net Zero initiatives designed to choke money flows to fossil fuel businesses.
Read more...Private equity is setting out to hoover up accounting practices. The sorry experience in health care says there is cause for pause.
Read more...A revealing, and not at all in a good way, discussion of private equity by departing CalSTRS Chief Investment Officer Chris Ailman.
Read more...The formidable and controversial former lawyer Bill Lerach explained in a recent interview why corporate misconduct is so deeply entrenched.
Read more...Sustainable fund managers have discredited the sector by being way too company-friendly, such as accepting greenwashing claims.
Read more...Elon Musk learned a costly lesson: he is not bigger than the law, here administered by a Delaware court judge.
Read more...An overview of health care, particularly Medicare, rentierism, with private equity playing a starring role.
Read more...Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...Another well-substantiated critique of CalPERS’ investment performance.
Read more...This is amazing, and I’m not sure how long it will last.
Read more...A discussion of how fossil fuel companies’ imperatives and our legal regime preclude getting them to leave oil and gas in the ground.
Read more...A useful debunking of the consultant-enriching, board-distracting, and potentially regulatory-underming con known as ESG investing.
Read more...Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.
Read more...