An Increase in Interest Rates Would Be An Act of Class Warfare
While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...Category Archives: Private equity
CalPERS Continues to Violate Law Via Secret Board Discussions; Upcoming Monday Illegal Secret Placement Agent Review Raises Concerns About Bribery
A previous CalPERS CEO went to prison for taking bribes. CalPERS is now illegally hiding the type of fees that generated those bribes.
Read more...SEC Chair Gary Gensler, Ever So Politely, Signals Intent to Cut Private Equity Grifting Way Back
SEC chair Gary Gensler puts private equity in his crosshairs. Will he fire?
Read more...Emergency Room Doctors’ Lobbyist Admits to Large-Scale Medicare Billing Fraud by Members, Criminal Corporate Practice of Medicine by PE Firms
Private equtiy stealing from babies…um, oldsters….um, Medicare. Who’d have thunk it?
Read more...Smear Campaigns Work: Pro-Transparency Board Member Margaret Brown, Candidate Tiffany Emon-Moran, Both Lose CalPERS Board Election
The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
Read more...Jared Holst: Rolling with the Holmies
Bad enough that Elizabeth Holmes could conceivably wriggle out of a conviction. Even if she loses. we’ll have to endure her “Holmies”.
Read more...For-Profit Charter Schools Provide an Entryway for Private Investors to Exploit Public Education
An in-depth study of how investors in charter schools loot the businesses, and students predictably lose out.
Read more...Direct Contracting Entities: The Latest Scam to Privatize Medicare
Direct Contracting Entities are another scam from the usual suspects. Please sign the petition at the end
Read more...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...Private Equity Now Buying Up Primary Care Practices
Private equity is doing yet more damage to heath care as it buys up primary care practices en masse.
Read more...Quelle Surprise! New Study Confirms that Public Pension Funds Use Flattering Benchmarks to Hide Failure to Beat Simple Indexing; CalPERS Is a Case Study
Documenting yet another way public pensions funds lie to themselves and their many constituencies about their performance.
Read more...California Senate Shoots Down CalPERS’ Private Debt Secrecy Bill; Board Hissy Fit Reveals It Never Questioned Staff Misrepresentations
CalPERS is no longer being given the benefit of the doubt by the legislature, and can’t handle a request to ‘splain itself.
Read more...Biden Administration Issues Interim Rule Barring Surprise Billing
The health care grift knows as surprise billing is about to be largely stamped out.
Read more...Australian Funds Take Aim at Private Equity by Moving to Do Deals in House
More challenges to private equity firms, now from super sized Australian “super” funds who are bringing PE in house.
Read more...Private Inequity: NYT Examines How the Private Equity Industry Avoids Taxes
Comprehensive NYT story examines how the private equity industry games the tax system, while the hapless IRS stands on the sidelines.
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