Rep.Jim Banks pressed CalPERS on dodgy Chnese investments. CalPERS gave Banks a free shot via flagrant lies, but will Banks catch on?
Read more...Count on Wall Street to find a profit angle in actual or pending disaster. Green bonds are becoming a hot idea.
Read more...A law firm partner discusses SEC capture as if it were perfectly normal….which sadly, it is.
Read more...Yet more official hand-wringing about interest rates…when they aren’t the core economic problem.
Read more...Estuaries defined, whether they are carbon sources or carbon sinks, and an excursion into the world of climate NGOs through “blue carbon.”
Read more...How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.
Read more...The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
Read more...Private equity gets some long overdue scrutiny.
Read more...It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.
Read more...A surprising alliance of big business, activists and left-wing politicians have condemned the shareholder value paradigm. But did it ever really exist?
Read more...CalPERS has belatedly followed our advice and is radically cutting back on its so-called emerging managers.
Read more...alPERS has made big changes to how it invests, yet the press has barely noticed.
Read more...How CalPERS was cheated by conniving fund managers, as is pervasive among private equity investors.
Read more...Yet more on CalPERS election shenanigans.
Read more...The first of a two-part series describing the process and substance with which CalPERS staff is trying to engineer a de facto resignation of its board.
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