Baby Boomers Retirement Begins To Drain Cash in the US
Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...Category Archives: Investment management
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.
Read more...Why Has CalPERS Given Chief Investment Officer Ted Eliopoulos a $135,000 Gift Via a Bonus That Violates His Bonus Formula?
CalPERS flagrantly violated its procedures by granting its CIO, Ted Eliopoulos, a bonus greatly in excess of the level allowed.
Read more...CalPERS Considers Cutting Out Private Equity Firms, Making Direct Investments in Companies
CalPERS is considering a bold move, that of bringing private equity in house to reduce egregious fees and improve net returns.
Read more...Private Equity Energy Funds Did So Badly They Might Have to Do the Unthinkable – Pay Clawbacks
Clawbacks, a provision meant to protect investors, seldom work as advertised. Investors might get better terms as the defects become obvious.
Read more...How Your State and Local Tax Dollars Paid for Private Equity Firm TPG’s Elton John Appearance
Yet another example of how private equity operates by its own set of self-serving rules.
Read more...CalPERS Reverses Itself on Its Plan to Violate California Constitution, Pave Way for Hiring Underqualified Candidate for Chief Actuary
CalPERS dodges a bullet after we prodded them.
Read more...CalPERS Plans to Violate California Constitution, Pave Way for Hiring Under-Qualified Candidate, for Critically Important Job of Chief Actuary
CalPERS is up to no good yet again.
Read more...Nomi Prins: Hillary Clinton Will Continue the Big Bank Protection Racket
Hillary Clinton has apparently never met a well-heeled banker she didn’t like….
Read more...Why Not Listening to Naked Capitalism Is a Mistake (and We Mean You, CalPERS)
How your support has helped us get CalPERS to pay attention and shape up even when most assuredly didn’t want to.
Read more...How 401(k) Plans Stack the Deck to Get Chump Investors to Sign Up for Doggy Sponsor Funds
Yet more reasons to be leery of 401 (k) plans.
Read more...Blackstone’s Tony James Touting What Looks Like Hillary’s Scheme to Gut Social Security
Hillary’s mandatory retirement savings accounts are a twofer: a way to replace Social Security over time and enrich private equity and hedgies.
Read more...Even CalPERS Admits Private Equity Returns Are Fizzling
Like second marriages, private equity has become a triumph of hope over experience.
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