CalPERS’ CEO Marcie Frost’s Misrepresentations Regarding Her Education and Work History During and After Her Hiring
Another apparent case of employment fraud at CalPERS, this time with CEO Marcie Frost as the perp.
Read more...Category Archives: Ridiculously obvious scams
Gaius Publius: Verizon Throttled Firefighters’ Data As Mendocino Wildfire Burned
Verizon shows that extortion is fundamental to its business model.
Read more...Lump-of-Labor Fallacy: The Nastiest Motives of Nasty People
Why the lump-of-labor fallacy is bad for workers and for economics.
Read more...Robo-Signing, CalPERS-Style: Travel Expense Claim Forms Regularly Had Approval Signature of Board President Rob Feckner Faked by Staffers; Deputy CEO Doug Hoffner Also Participated in Approval of Undated, Pre-Signed Expense Forms
Yet another addition to the long roster of Board and senior executive misconduct at CalPERS.
Read more...CalPERS Election-Rigging: Delays Release of Proof of Incumbent Priya Mathur Approving Illegal Pre-Signed Expense Forms to Thwart Challenger Jason Perez
CalPERS is up to yet more election dirty tricks.
Read more...The Militarization of Sports and the Redefinition of Patriotism
In the end, it comes down to one thing: who controls the national narrative.
Read more...Hubert Horan’s Quick Take on Uber’s Second Quarter Results
Uber’s latest financial report confirms Hubert Horan’s predictions.
Read more...Donald Trump, Gun-Runner for Hire
Not only does America love guns but the Administration really loves gun merchants.
Read more...The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks
Fracking companies are drilling too many wells in close proximity to one another, and when they frack the newer wells — known as child wells — those “bash” or “hit” the older wells, cannibalizing production and sometimes damaging the older well. The industry knows not how to solve this problem.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?
Why a Morningstar report on Uber’s IPO prospects does not begin to add up.
Read more...ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge
The Turkish lira’s swan dive is causing all sorts of collateral damage.
Read more...Bill Black: Pre-Crisis “4506-T Studies” Showed Massive Fraud in Liar’s Loans; Fed Ignored Warning, DoJ Refused to Target Implicated Banksters
Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.
Read more...Wolf Richter: Tesla Discloses Worst Quarterly Loss Ever, But Where Are the 17,000 Model 3 Cars it “Produced” But Didn’t “Deliver”?
So far, the SEC and investors are ignoring Tesla’s sus-looking production figures.
Read more...Los Angeles Times Slams CalPERS for Vetting Failures That Led to Exit of CFO Asubonten for Resume Misrepresentations, Doubts Whether CEO Marcie Frost Has Made Needed Changes
Mike Hiltzik of the Los Angeles Times weighs in on the fiasco of CalPERS’ hiring of Charles Asubonten.
Read more...CalPERS Former CFO Charles Asubonten’s Appeal of Termination Confirms Due Diligence Failure by CalPERS; Will Board Hold CEO Marcie Frost and General Counsel Matt Jacobs Accountable?
The final chapter in CalPERS’ sorry Asubonten affair.
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