Category Archives: Ridiculously obvious scams

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit

The press is still refusing to depict Uber accurately, as a rotting corpse.

CalPERS Digs Its Ben Meng Defenestration Hole Deeper: Claims Knowledge of Abuse Months Ago; Notice for Emergency Closed Session Legally Invalid Unless CEO Frost’s Job Is on the Line

CalPERS is bizarrely unable to control its bad impulses.

CalPERS Chief Investment Officer Ben Meng Resigns Following Our Exposing His False, Felonious Financial Disclosure Filings and Private Equity Conflicts of Interest

CalPERS Chief Investment Officer Ben Meng has left abruptly. If you’ve been paying attention, this isn’t a total surprise.

Preserve Our Post Office, Before It’s Too Late

It ought to be stunning that the Post Office needs to be defended….

Hubert Horan: The Airline Industry Collapse Part 3 – Recovery Expectations Were Always Dreadfully Wrong

Not only is the airline industry in desperate shape, but its executives have made its bad situation worse, increasing resolution costs for all bagholders.

Mayberry v. KKR Plaintiffs File Amended Complaint, Refuting Standing Issues in Recent Kentucky Supreme Court Decision

Another front opens in the landmark public pension case, Mayberry v. KKR

The Pious Predator State: The Cookiecutter Shark and the New Regime in Turkey

The new regime in Turkey is a form of the predator state, acting as a cookiecutter shark, feeding on its prey and not killing it outright.

Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case

The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.

Marketing Is the Original Behavioral Economics

Showing that behavioral economics is just marketing wine in new bottles.

Ohio House Speaker Arrested in Alleged $60 Million Racketeering, Bribery, Money Laundering Scheme; A Window Into Politics in America

Ohio’s biggest political corruption case is a doozy, with riveting racketeering charges and lots of dirty tricks.

Boeing 737 Max Ungrounding Pushed Back Again; WSJ Sources Say Early 2021

Moar bad news for the 737 Max.

Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR

How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.

New Study Slams Public Pension Funds’ Alternative Investments as Drag on Performance, Identifies CalPERS as One of the Worst “Negative Alphas”; Shows Folly of CalPERS’ Desperate Plan to Increase Private Equity and Debt and Go Bigger Using Leverage

A new paper shows that public pension fund investment in “alts” like real estate and private equity hurt returns and failed to lower risk.

COVID-19 Mistakes to Avoid: Don’t Conflate Contact Tracing with Contact Tracing By App

Big Tech and Big Pharma each has a dog in the COVID-19 fight and wish to replace what has worked before and is working now with technofixes.

Let the Predation Begin! CFPB Rolls Back Obama-Era Payday Loan Protections

Payday loan abuses are baaack, thanks to a full bore lobbying effort.