What Did Billionaire Leon Black of Apollo Get for >$50 Million in Fees to Jeffrey Epstein?
The more we learn about Leon Black’s relationship with sex offender Jeffrey Epstein, the less there is to like.
Read more...Category Archives: Ridiculously obvious scams
Latest Nobel Prize in Chemistry Demonstrates How the US Patent Office Screws Inventors
A high profile example of the train wreck called the US patent process.
Read more...As of September 29, 2020, 5 Federal Courts Have Ruled Against the Postal Service
The Postal Service is getting whacked for service degradation that critics believe has a lot to do with upcoming voting by mail.
Read more...How Corruption is Becoming America’s Operating System
A new book by Sarah Chayes shows the US descent into a level of corruption usually associated with places like Nigeria and Afghanistan
Read more...WATCH: Katie Porter, Squad Members Eviscerate Big Pharma CEOs Over ‘Exorbitant’ Drug Prices
ngresscritters go after drug price gouging. But what will it take to make it stop?
Read more...How Bankers Hide Losses
Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk
Read more...Why Trump’s Promise to Save Manufacturing Was One He Never Intended to Keep
Trump’s promise to save manufacturing jobs and rebuild infrastructure was all bluster, no surprise from the man known for stiffing workers.
Read more...Wolf Richter: Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Read more...How Charles Koch Is Buying Credibility With Academic Investments
Koch influence in the academic sphere is far ranging. Koch money funds individual courses, professorships, fellowships, and even energy research and policy programs. These are significant investments in the “intellectual raw materials” of free-market advocacy.
Read more...CalPERS Cooks Its Books: Grossly Understated Investment Consultant Meketa’s Expenses in Annual Financials; Made a Criminal False Account by Burying the Cost
CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.
Read more...CalPERS’ Bad Numbers: CEO Marcie Frost’s Multi-Hundred Thousand /Year Advisor Randle Communications Missing from Board Reports
A remarkable series of accidents led to the CalPERS board not being told how much CEO Marcie Frost’s advisor Randle Communications costs.
Read more...‘Dereliction of Duty’: Outrage as USPS Board Issues Gushing Praise for DeJoy Amid Mail Slowdowns, Medicine Delays, and Straw-Donor Scandal
The latest sordid episode in the teardown of the US mail service.
Read more...US Tax Dollars Funded Every New Drug in the Last Decade
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019
Read more...Preserve the People’s Post Office: Let Us Do Meaningful Postal Reform
A rallying cry for the Post Office.
Read more...22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns
Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
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