Category Archives: Ridiculously obvious scams

Former Board Member Jelincic: CalPERS Claims It Is Protecting Confidential, as in Criminal, Informants in Hiding Details About Lending

CalPERS made damaging statements to justify withholding information about private loans. That suggestswhat it was hiding is even worse.

Koch Influence Taints New Tufts-Based Think Thank: The Tentacles of the Mercatus Center

A timely reminder that despite the raging pandemic, Koch interests keep up their efforts to influence politics and academia.

UK Government Accused of New “U-Turn” on Local Covid Contact Tracing with Outsourcing Giants Serco and Sitel

“Local councils should be doing the whole lot, not just the mopping up. Serco and Sitel are cherry picking and doing the easy bits and leaving the difficult stuff to local authorities.”

Brawl Over Mayberry v. KKR: Big Hearing Monday Over One Contested Issue, Whether Attorney General Can Intervene in Kentucky Retirement Systems Case

The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.

CalPERS CEO Marcie Frost Moonlights? Implausibly Denies Relationship With Top Speakers’ Bureau

CalPERS CEO Marcie Frost does not appear to have a good grasp of the conflict-of-interest rules that apply to her role.

House Democrats Introduce Urgent Bill to End ‘Deliberate Sabotage’ of Postal Service by Postmaster General

Democrats wake up awfully late in the game to the importance of protecting the Post Office from looting, um, privatizing. Are they too late?

The TPP Is Dead! Long Live the TPP!

Beware! The TPP is still skulking around, rebranded as the CPTPP. As Lambert says, “Kill it with fire”.

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.