Category Archives: Legal

SCOTUS: States Can Bar Pharmacy Benefit Manager Grifting

A new Supreme Court ruling upholds the ability of states to regulate pharmacy benefit managers.

CalPERS Employees Beware: Don’t Fill Out Non-Confidential Survey Jiggered to Falsely Boost Executive Bonuses

Memo to CalPERS employees: If you see staff or vendors profiteering, call a lawyer. You could win a financial award and stop the abuse.

Is It Time for a Debt Jubilee?

Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.

Google Monopolizes Ad Markets Through Conduct Lawmakers Prohibit in Other Electronic Trading Markets

How Google’s abuses allow the search giant to dominate online advertising, and what can be done about it.

Judge Slams Apollo for Making Investors Pay for Partner’s Bogus Personal Expenses; Clueless SEC Missed the Abuse, Maybe Because Paul Weiss Misled Them

A federal judge blasts Apollo for making bogus charges to its investors and by implication, law firm Paul Weiss, for whitewashing the abuse.

Brexit: Stumbling

More Brexit posturing, but also some hardening of positions when both sides would need to give to get a deal.

NYC Landlords Suing Pandemic-Slammed Small Businesses by the Hundreds for Missed Rent

Pandemic-starved businesses are facing off against landlords who want rent paid. New York City illustrates some of the legal and practical issues.

Can’t Do America: Kick the Can Approach to Public Pension Fund Crisis, Even Though Canada Cleaned Up Its Mess

Why the US is certain to ignore the Canadian roadmap out of its public pension fund mess….and it’s not just because exceptionalism.

Brexit: HURRY UP PLEASE ITS TIME

Little Brexit motion and less progress as the clock runs.

The Impact of the New Asian Trade Mega-Deal on the European Union

Even though the econnomic impact ot the new Asian trade pact seems limited, Europeans see it as a geopolitical Big Deal.

A Letter from Nanea to Yves Smith About CalPERS’ Strange $1.5 Billion Deal with LongRange Capital

CalPERS defied its board by staking a startup fund with a cool $1.5 billion without approval. And on top of that, the deal looks lame.

Tapped-Out Tenants Take Charge as Landlords Pursue End Runs Around Eviction Moratorium

Tenants face harassment and lockouts to pressure them to leave their homes — but renters are fighting back.