Category Archives: Legal

CalPERS Issues False and Misleading Press Release to Try to Railroad Board on Private Equity Industry Enrichment Scheme

A brazen example of CalPERS staff trying to muscle board members and have them violate their fiduciary duty regarding a massive, misguided, and sketchy private equity outsourcing scheme.

CalPERS Board Members Say They Don’t Want to Do Their Jobs, Can’t Be Bothered With Dealing With Their Mail

The CalPERS board makes an embarrassing display of how little interest it has in rolling up its sleeves and doing some work.

Ecuador Hints It May Hand Over Assange

Assange’s luck in staying out of the hands of the US may be coming to an end.

Update: CalPERS Chief Financial Officer Charles Asubonten Now Not Presenting at Board Meeting Today

A bit of evidence suggests that Charles Asubonten may be on his way out of CalPERS.

Criminality, CalPERS Style: Board Members Misappropriate Public Funds by Signing Blank, Undated Expense Forms

The CalPERS Board President, Priay Mathur, the Board Services Unit, and board members are pre-signing expense forms in violation of the California Penal code.

Election-Rigging, CalPERS-Style: How Voting by Phone Was Designed to Favor Incumbent, Suppress Support for Challenger

CalPERS not only looks to have tried to throw the phone voting in a runoff election last year in favor of the incumbent, but it is acting awfully guilty by refusing to cough up records and data.

CalPERS Has Chief Financial Officer Charles Asubonten, With Verifiable Misrepresentations on His Resume, Presenting to the Board Next Week. What Gives?

CalPERS CEO Marcie Frost appears to be doubling down on her initial bad judgment about Chief Financial Officer Charles Asubonten’s resume misrepresentations by featuring him prominently at a board committee meeting next week.

Airbnb Turns to Brussels for Help as Anti-Tourist Backlash Intensifies in Europe

Airbnb is on the run in Europe and desperate to find allies.

20% of Inmates in California Jails on Psychotropic Medications

Why are inmates in California jails being medicated at much higher rates than in the past?

SEC Gives Private Equity Firm Welsh Carson a Wet Noodle Lashing Over Purchasing Kickback Abuse

More SEC enforcement theater on the private equity front.

Warren Buffett’s Mortgage Companies Engage in Alleged Discrimination Against Minority Borrowers, Violating Fair Housing Act

An investigative report suggests that Berkshire Hathaway’s mortgage lending operation discriminates against minority borrowers.

Tyler Cowen, Koch Brothers Funding, Mercatus Center, George Mason University, and Academic Freedom

Recent documents disclose how private money, from the Koch Brothers, among others, curtailed academic freedom at George Mason University, its Antonin Scalia Law School, and its associated Mercatus Center.

Gaius Publius: Setting a Perjury Trap for Trump

Is Mueller engaging in prosecutorial overreach in the form of trying to set a perjury trap for Trump?