Category Archives: Ridiculously obvious scams

CalPERS Misappropriates Funds, a Violation of the Criminal Code, By Laundering $40,000 Speaker Fee Through Randle Communications, a Nearly $500,000 a Year Advisor to Marcie Frost

CalPERS is not only hiring overpriced motivational speakers it can’t afford, but it is also cooking its records to do so.

Devastating Lawsuit Targets Bank of America, Credit Suisse, and Bayer Board Members and Executives Over Disastrous Monsanto Acquisition

Is the shortest road to cleaning up bad corporate governance in the EU through New York courts? Bayer is one of a set of test cases.

The Rotten Alliance of Liberals and Neocons Will Likely Shape U.S. Foreign Policy for Years to Come

How the Democrats have become Republicans in all but name, now with their love affair for neocons.

World Bank’s ‘Mobilizing Finance for Development’ Not Financing Development

The World Bank is trying to rebrand a failed public private partnership scheme as “blended finance”. Developing countries, beware.

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.