CalPERS Devises “Heads I Win, Tails You Lose” Gamble for Long-Term Care Policyholders in Settlement
Why the proposed CalPERS long-term care insurance settlement has the look and feel of a con job.
Read more...Category Archives: Legal
Law Review Article Describes Private Equity as Bargaining Failure, Indictment of Law and Economics Fetishization of Contracts
An important new paper puts another big chink in private equity’s armor.
Read more...US Urged to End Drone Strikes After Pentagon Says Killing 10 Afghan Civilians Was ‘Horrible Mistake’
“That was not a ‘mistake,'” said journalist Anand Giridharadas. “War crimes are not oopsies.”
Read more...Sports Desk: Top College Athletes Strike Endorsement Deals; Meanwhile, the NCAA Seeks to Influence Pending Federal Legislation
The NCAA has changed its rules so that student-athletes can profit from commercial endorsement deals that use their names, images, and likenesses.
Read more...Over Half of States Have Rolled Back Public Health Powers in Pandemic
In the midst of the pandemic, more than half of U.S. states have passed legislation taking away the powers state and local officials use to protect the public against infectious diseases.
Read more...CalPERS’ Long-Term Care Fiasco: Private Burial to Hide Malfeasance, Failure to Implement Legislation
A key fact in CalPERS’ long-term care debacle: the giant fund flagrantly violated the statute govening this progam.
Read more...EPA Takes Steps to Block Pebble Mine on Alaska’s Bristol Bay, Thus Protecting World’s Largest Sockeye Salmon Run
Biden’s EPA yesterday moved to take steps to block the controversial Pebble Mine, which threatens the world’s largest sockeye salmon fishery.
Read more...Why Aren’t Libertarians Protesting the Freedom-Busting Texas Abortion Law
On deregulation and Covid masks, libertarians are loud. On female liberty, deafening silence.
Read more...CalPERS Election Dirty Tricks: Hit Piece Depicts Board Member Margaret Brown as Safety Harrasser
The Cost of Corporate America: Checking Your Conscience at the Door
Reflections on the moral cost of being a corporate citizen.
Read more...‘Catastrophic Injustice’: Judge OKs Purdue Pharma Bankruptcy Plan Shielding Sacklers
Tens of thousands dead and the Sacklers get to ride away with their Purdue Pharma loot.
Read more...Michael Hudson v. George Soros on China’s Rejection of “Market” Capitalism
Soros has a hissy over China’s Xi no longer wanting to play nicely with foreign investors.
Read more...EXPOSED: How CalPERS Tried and Continues to Try to Cover Up Former Chief Investment Officer Ben Meng’s Misconduct
A CalPERS case study in “The cover up is worse than the crime,” Ben Meng edition.
Read more...Board Member David Miller Takes CalPERS-Paid Vacation by Abdicating Oversight, Obstructing Board Members Doing Their Job
Why David Miller deserves a special place in the CalPERS board member Hall of Shame.
Read more...EXPOSED: Transcript of CalPERS Closed Session on Ben Meng Departure Shows Clear and Extensive Violations of Transparency Laws, Builds Case for Contempt Ruling by Judge Markman (Presiding)
Oops! CalPERS released nearly all of a transcript of a board meeting after Ben Meng’s resignation that it was fighting to keep secret.
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