CalPERS Legacy Assets: How Much in Overvaluation Has CalPERS Been Hiding?
CalPERS apparently needs to take a bath on its legacy assets.
Read more...Category Archives: Private equity
Coronavirus: Bracing for the Economic Shockwave
The coronavirus spread is setting up a nasty real economy-financial system contraction.
Read more...Private Equity’s War to Preserve Surprise Billing
Sadly, private equity has beaten back legislation to curb surprise biling.
Read more...Another Demise of a Storied Business at the Hands of Private Equity: Fairway
Fairway shows how private equity ruined a successful and much loved business.
Read more...What the Heck Happened to Surprise Billing Legislation? (Or, It’s Never Too Late for the Lobbyists to Win)
Surprise billing is proving awfully hard to kill.
Read more...SEC With Investment Managers: “Like the FBI Sitting Down With the Mafia”
A law firm partner discusses SEC capture as if it were perfectly normal….which sadly, it is.
Read more...Who Owns, and Who is Accountable for the New US For-Profit Medical Schools?
Four new for-profit medical schools are so secretive that they look like they have something to hide.
Read more...The Crapification of Mattresses and Retail Therapy (and an Iran Aside)
The sorry state of mattresses as a worthwhile distraction from the sudden US escalation against Iran.
Read more...The Financialization of Child and Elder Care: The Tax Justice Network December 2019 Podcast
Private equity is moving in a big way into elder and child care services in the UK. Patients and parents beware.
Read more...CalPERS Should Thank Us for Publicizing, and Therefore Undermining Their Repeated Efforts to Hand Private Equity Portfolio to BlackRock: BlackRock’s Mark Wiseman Fired for Affair With Subordinate, Leading to Suspension of New Investments from “Warren Buffett” Style Megafund
How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.
Read more...CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham
CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Read more...Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind
The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]
Read more...The Privatized Internet — Entire .ORG Domain Registry Sold to Investment Equity Firm “Ethos Capital”; Registration Fee Restrictions Removed
Private equity grifting meets internet domain names.
Read more...Democrats’ Private Equity Hearing Fail: Abject Incompetence, Corruption, or Mere Unseriousness?
A House Financial Services Committee hearing on private equity revealed more about the party than about private equity, and in a not good way at that.
Read more...Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”
Private equity gets some long overdue scrutiny.
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