Stream and Podcast for Our Chat with Harry Shearer on Le Show are Up!
Listen to the stream or download the podcast from our interview with Harry Shearer last weekend. It’s gotten high marks.
Read more...Category Archives: Private equity
Be Sure to Catch Us on Harry Shearer’s Le Show Today!
Be sure to catch our best interview evah with Harry Shearer today, Sunday, or listen to the podcast later in the week. And let your friends and family know too!
Read more...More on How CalPERS Lies to Itself and Others to Justify Investing in Private Equity
A continued discussion of how CalPERS chooses to kid itself about private equity.
Read more...How CalPERS Lies to Itself and Others to Justify Investing in Private Equity
CalPERS really seems to have convinced itself that the likes of KKR and Blackstone are “partners” in more than just the legal sense. Oops.
Read more...CalPERS Used Sleight of Hand, Accounting Tricks, to Make False “There is No Alternative” Claim for Private Equity
CalPERS staff and outside experts went to considerable lengths distort data and abuse analytical methods to make the case that only private equity could offer the allegedly superior returns needed to meet CalPERS’ targets. The fact that CalPERS did not make an honest case for private equity suggests that no honest case could be made.
Read more...CalPERS Board, Scandal-Ridden Fiduciary Counsel, Plan to Break California Law in Effort to Silence Board Member for Asking Too Many Questions, Seeking Records
CalPERS’ tainted fiduciary counsel Robert Klausner gives more dubious advice, confirming that he is a danger to CalPERS and ultimately, to CalPERS beneficiaries and California taxpayers.
Read more...CalPERS’ Scandal-Ridden Fiduciary Counsel Ducks Jacksonville Subpoena; City Files Suit Alleging Illegal Creation of Gold-Plated Pension Fund
The not-so-savory reputation of CalPERS’ fiduciary counsel, Robert Klausner, took another hit as his criminal attorney ducked a Jacksonville subpoena.
Read more...Harvard Professor Josh Lerner Gave Weak and Internally Contradictory Plug for Private Equity at CalPERS Workshop
Harvard’s Professor Josh Lerner gave CalPERS what was presumably a pep talk for investing in private equity that was so contradictory as to amount to a case against it.
Read more...CalPERS Pokes Its Board in the Eye by Releasing Private Equity Carry Fee Info After, Rather Than During, Board Meeting
CalPERS is so confident of its control over its board that it has no compunction about broadcasting how little respect it has for them.
Read more...The Bigger Significance of CalPERS’ Private Equity Carry Fee Release: Another Nail in the Carried Interest Tax Loophole Coffin
Why the CalPERS carry fee disclosure could affect the debate over ending the carried interest loophole.
Read more...CalPERS Staff, Scandal-Ridden Fiduciary Counsel Argue to Weaken Board Oversight by Reducing Number of Board Meetings
CalPERS CEO and its tainted fiduciary counsel Robert Klausner try to sell the CalPERS board on giving up even more power, when CalPERS clearly needs more, not less, oversight.
Read more...Investors Like CalPERS Rely on ILPA to Advance Their Cause, When It is Owned by Private Equity General Partners
Private equity limited partners are such chumps that they rely on a trade group, ILPA, to lobby for them when it is funded by their opponents.
Read more...CalPERS Debunks Private Equity: Executive Summary
Announcing a series that shows how CalPERS’ efforts to defend its private equity program through a workshop for its board backfired.
Read more...CalPERS Hired a Fiduciary Counsel Accused of Serious Misconduct Over More Than a Decade, Including Kickbacks, Failure to Disclose Conflicts of Interest
CalPERS’ board has hired a fiduciary counsel, Robert Klausner, who has been associated with scandals for over a decade, the latest in Jacksonville, Florida.
Read more...Board Member Reveals That CalPERS Engages in Systematic Violation of California Open Meeting Statutes
CalPERS’ CEO and its staff are engaged in systematic, flagrant, and apparently long-standing violations of California’s open meeting law, the Bagley-Keene Act.
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