CalPERS General Counsel Matt Jacobs and Board President Priya Mathur get well-deserved black eyes.
Read more...Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Read more...Even the Sacramento Bee is compelled to call out CalPERS executives for their failure to do basic checking when hiring former CFO Charles Asubonten.
Read more...American Academy of Pediatrics highlights health concerns for children from plastics, and recommends reducing use of plastics, and not microwaving them or placing them in the dishwasher.
Read more...Another attack on union funding.
Read more...Ninth Circuit orders EPA to implement a long overdue ban of chlorpyrifos, a pesticide linked to developmental delays in children and nervous system damage to people and animals exposed. Court previously had to order Obama EPA in 2015 to act on the issue; it’s unclear whether this decision will survive appeal.
Read more...The US Bureau of Land Management yesterday took first steps to opening 1.6 million acres public lands in California to fracking, ending a five-year moratorium on such practices.
Read more...Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.
Read more...The final chapter in CalPERS’ sorry Asubonten affair.
Read more...Recent district court decision allowing an emoluments clause case to proceed is not the way-back machine Resiters seek. The most serious legal consequences Trump faces are limited to his ownership interest in his DC signature hotel. The political consequences could be more serious– but hinge on whether Democrats capture the House in November.
Read more...A discussion of the legal and economic issues at play in the EU Competition Commission’s antitrust ruling against Google for abuse of its dominant position with Android phones.
Read more...CalPERS has torched $4 million total in beneficiary funds so far by acting as if it were above the law and could steal from journalists and publishers.
Read more...My visit last week to Portland was more exciting, in the good and bad sense, than I expected it to be.
Read more...Remington rejects bid by Navajo Nation investment trust that would have transformed its business model to reject production of assault weapons and embrace smart gun controls.
Read more...The Trump administration’s success in filling federal judgeships has been widely noted and will have long-term consequences. Filling US attorney positions allows for follow through on implementing Jeff Sessions’ DoJ agenda.
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