Category Archives: Ridiculously obvious scams

Bill Black: Trump Admin Halts Investigation of For-Profit Colleges

Bill Black discusses Education Secretary Betsy DeVos’s decision to stop investigating for-profit colleges and educational institutions for fraudulent practices.

Criminality, CalPERS Style: Board Members Misappropriate Public Funds by Signing Blank, Undated Expense Forms

The CalPERS Board President, Priay Mathur, the Board Services Unit, and board members are pre-signing expense forms in violation of the California Penal code.

Election-Rigging, CalPERS-Style: How Voting by Phone Was Designed to Favor Incumbent, Suppress Support for Challenger

CalPERS not only looks to have tried to throw the phone voting in a runoff election last year in favor of the incumbent, but it is acting awfully guilty by refusing to cough up records and data.

CalPERS Has Chief Financial Officer Charles Asubonten, With Verifiable Misrepresentations on His Resume, Presenting to the Board Next Week. What Gives?

CalPERS CEO Marcie Frost appears to be doubling down on her initial bad judgment about Chief Financial Officer Charles Asubonten’s resume misrepresentations by featuring him prominently at a board committee meeting next week.

Airbnb Turns to Brussels for Help as Anti-Tourist Backlash Intensifies in Europe

Airbnb is on the run in Europe and desperate to find allies.

Tyler Cowen, Koch Brothers Funding, Mercatus Center, George Mason University, and Academic Freedom

Recent documents disclose how private money, from the Koch Brothers, among others, curtailed academic freedom at George Mason University, its Antonin Scalia Law School, and its associated Mercatus Center.

How Wall Street Enabled the Fracking ‘Revolution’ That’s Losing Shale Oil Companies Billions

Fracking harms the environment and shale oil companies fail to turn a profit but that doesn’t stop Wall Street from lending them huge sums of money, driven by lust for fees.

#TSBFail: MPs Barely Lay a Glove on CEO Pester, Who Discredits Himself All on His Own

Even with a mere wet-noodle lashing by MPs, TSB came off pretty badly in Parliament.

Bill Mitchell: QE Failed in Japan

A short and devastating proof that QE was a bust in Japan.

Why the Problem Is Economics, Not Economists

A critique of the monoculture in economics.

Disruptive Finance Huffing and Puffing Won’t Blow Big Bank Houses Down

Why newfangled finance will not have much impact on the banking industry.

Through the Revolving Door, with a Few Stumbles – Health Care Corporate Executives and Consultants Continue to Become Leaders of Trump’s Department of Health and Human Services

As hard as it may be to believe, health care industry corruption is increasing, as measured by revolving door appointments.

Facebook, Privacy, and the Use of Data

The US press and punditry has been tip-toeing around the real problem with Facebook: that it has monopoly power.

Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700

Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.

Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume

A detailed documentation of the misrepresentations and inconsistencies in the resume presented by Charles Asubonten to CalPERS when he applied for the CFO post.