How Global Audit Firms Are Using Their Lobbying Clout to Dilute Sarbanes-Oxley Reforms
Accounting firms have specific reasons to be nervous about Sarbanes-Oxley, hence their eagerness to weaken it.
Read more...Category Archives: Ridiculously obvious scams
The “Market Forces” Behind the Obamas’ Record-Setting Book Deal
The Obamas’ book deal exemplifies the thesis that if a payment is too high for the nominal services, it must be for something else too.
Read more...Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve
Trump seeks to deliver on another Koch Brothers pet idea: selling off part of the strategic petroleum reserve.
Read more...Debt Relief or a Fourth Financial Assistance Program for Greece?
Greece continues to be broken on the rack of austerity. How far might the IMF’s insistence on reducing the pain level actually get?
Read more...CalPERS Keeps Board in the Dark About How Private Equity “Subscription Line Financing” Gooses Staff and General Partner Pay and Systemic Risk
CalPERS is asleep at the switch yet again.
Read more...Board Candidate Asks Whether CalPERS Is Cooking the Books to Fatten Bonuses
CalPERS board candidate Margaret Brown finds a lot not to like in the way CalPERS continues to play fast and loose with figures.
Read more...VA Hospital Forcing Patients to Use Facebook and Twitter
So why is the VA promoting Rule by Facebook?
Read more...Chicago Shows How Charter School Profiteering Bleeds Public Schools Without No Performance Improvement and Higher Segregation
Chicago as a case study in charter school rent extraction.
Read more...Book Review: Game of Mates
A new book. Game of Mates, documents how rentier capitalism and soft corruption operate in Australia. Many of its findings apply to the US.
Read more...NY Times Lets a Charter School Propagandist Distort the Facts on Its Op-Ed Page
Quelle surprise! Card carrying neoliberal David Leonhardt of the New York Times twists facts to try to make a case for charter schools.
Read more...Uber Under Federal Criminal Investigation for “Greyball” Software
Uber is in hot water and has hired a big name white shoe firm, Shearman & Sterling, to conduct an internal investigation.
Read more...CalPERS and Board Come Out Losers Over Kangaroo Court Against Its Most Effective Board Member (Updated)
CalPERS and its board seem incapable of understanding that when you are in a hole, you need to stop digging.
Read more...CalPERS Hides Bogus Persecution: Promised Public Hearing for Lone Effective Director Held in Secret
CalPERS doubles down on a bogus scheme to neuter its one effective board member reneging on its promise to have a public hearing of charges.
Read more...5 Times Charter School Founders Used Shady Real Estate Deals to Shamelessly Enrich Themselves
A trio of academics compare charter school tactics to Wall Street’s raiders.
Read more...Wall Street Journal Reports on Appearance of Private Equity Self-Dealing at Blackstone and Other Firms Nearly Four Years After We Broke the Story
So why is the Wall Street Journal years late in reporting on private equity self-dealng, and underplays its seriousness to boot?
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