Category Archives: Regulations and regulators

CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct

CalPERS yet again manages to exceed expectations in a bad way.

Our Extraordinary 50th Earth Day

The Earth Day milestone occurs in the shadow of the coronavirus.

The Coronavirus New Normal Has Only Started To Arrive

Why we aren’t even at the end of the beginning of coronavirus-induced change.

Trump Tweet: Will Issue Executive Order Temporarily Suspending All Immigration into the United States

Last night Trump tweeted his intention to issue an executive order temporarily suspending all legal immigration into the United States.

Great! If COVID-19 Doesn’t Get Me, Perhaps the Mercury Will: Trump EPA Rejects Justification for Pollution Rule

EPA rejects previous cost benefit analysis of mercury rule; meanwhile power industry has spent to comply with rule and opposes backsliding.

Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity

Follow the money – Congressional lobbying activity and who wins and who loses from coronavirus relief.

Who Benefits When the Price of Insulin Soars?

Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D

CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing

CalPERS staff is up to more dirty tricks. Push back by e-mail in public comments. Bad press already has them on the back foot.

“Something Has Gone Wrong”: UK Government, Banks Screw Up Coronavirus Loans, Small Firms Near Collapse. Better Results in Other Countries

Quelle surprise! Big banks in the UK don’t like making small business loans, especially not at 1.5%.

Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems

A tidy case study into how much money it takes to buy Congressional votes.

COVID-19 Crisis Threatens Beleaguered Assisted Living Industry

Unregulated assisted living facilities are becoming hotbeds of coronavirus cases.

Martin Wolf and Wishful Thinking on Ending Coronavirus Lockdowns

It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.

New York Fed, FDIC Tout “Opacity in a Banking Crisis” to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks

An article by Fed and FDIC researchers argues for hiding banks’ dirty laundry. Too bad the authorities didn’t make banks shape up instead.

Amid COVID-19 Pandemic, Some Pipeline Projects Push Forward While Others Falter Nationwide

Pipeline projects proceed, sometimes on a stealth basis, under cover of the COVID-19 crisis and despite the collapse of world oil prices.