Category Archives: Legal

Brexit: Running Down the Clock?

Brexit is not going much of anywhere, and it still isn’t clear if this is by accident or design.

New Complaint With California Watchdog Charges CalPERS Board Member Theresa Taylor With Perjury for Filing False Declarations That Hid Over $30,000 of Income; Follows Fines of Board President Jones for Campaign Violations

CalPERS vice president and Investment Committee chairman Theresa Taylor had engaged in an apparent clear cut perjury by failing to disclose income.

The Federal Government Always Money-Finances Its Spending: A Restatement

An explanation of the mechanics of Federal spending, with emphasis on the role of the Fed and Treasury.

WSJ Says Banks Can’t Determine Who Is Credit-Worthy: More COVID-19 Fallout

WSJ says banks can no longer determine who is credit-worthy using existing models – more COVID-19 fallout, this of uncertain magnitude.

Wall Street Journal’s Apologia for Private Equity Letting Companies Go Bust

The Wall Street Journal unwittingy defends private equity destructiveness.

Bayer Agrees to $10.9 Billion Glyphosate Settlement

Bayer agrees to $10.9 billion glyphosate settlement, resolving much pending US litigation. The company still faces European woes.

LA Times’ Michael Hiltzik Shellacks CalPERS for Trumped-Up Attacks on Board Member Margaret Brown, Toadying to Staff Instead of Providing Oversight

Mike Hiltzik gives the CalPERS board yet another well-warranted dressing down.

Minnesota, Ellison Announces Climate Lawsuit Against Exxon, Koch, and API

Minnesota launches a bold climate lawsuit. What are its odds of prevailing?

Board Member Margaret Brown Sues CalPERS, Board President Over Gang-Style Retaliation for Efforts to Oppose Its Incompetence

Board member Margaret Brown has finally had it with CalPERS’ dirty tricks.

What Do Struggling Small Businesses Need Most? Time – and Bankruptcy Can Provide It

Can a leisurely bankruptcy process help small businesses?

Dicamba Drift: Trump EPA Defies 9th Circuit Ruling

EPA issues cancellation order to attempt to overrrule Ninth Circuit dicamba opinion; plaintiffs’ lawyers file emergency motion.

The European Union Still Hasn’t Considered an Economic Proposal That Can Save It

The European Union has not reached a “Hamiltonian moment.” Its plans are too little, too late, hamstrung by institutional barriers to economic recovery.

Revealed: Nearly 400,000 British Companies Evade Anti-Money Laundering Checks

David Cameron promised to stop scammers and kleptocrats hiding behind British shell companies. But almost one in ten UK firms still do not declare ‘persons of significant control’

Judges Try To Balance Legal Rights And Courtroom Health

Judges are making battlefield health calls in reopening courtrooms, and some policies don’t look very sound.