Board Member Margaret Brown Sues CalPERS, Board President Over Gang-Style Retaliation for Efforts to Oppose Its Incompetence
Board member Margaret Brown has finally had it with CalPERS’ dirty tricks.
Read more...Board member Margaret Brown has finally had it with CalPERS’ dirty tricks.
Read more...Some progress on Grenfell Tower: Remediating apartment blocks, ongoing inquiries, regulatory proposals. But not nearly enough. And then there’s the potential IT boondoggle. They were careless people, Tom and Daisy…
Read more...CalPERS latches on to new, really bad investment ideas.
Read more...A major story on the CLOs chooses not to address the key questions.
Read more...The COVID-19 pandemic triggered unprecedented changes in employment levels and the values of stocks, bonds, commodities, and currencies.
Read more...CalPERS efforts to ‘splain away its $1 billion tail hedge fiasco backfire as one of the tail risk managers, Universa, shreds CalPERS’ claims.
Read more...Keeping tabs on Fed munificence.
Read more...Private equity firms are sucking cash out of their limited partners at the worst possible time, exposing public pension funds in particular to liquidity crunches and fire sales.
Read more...CalPERS’ embattled CIO Ben Meng digs his $1 billion hole deeper with not-credible defenses. Tell the board not to cede more authority to him.
Read more...CalPERS staff is up to more dirty tricks. Push back by e-mail in public comments. Bad press already has them on the back foot.
Read more...Nassim Nicholas Taleb calls out one of CalPERS CIO Ben Meng’s Big Lies, and unearths an even bigger one.
Read more...More evidence that CalPERS Chief Investment Officer Ben Meng is over his head.
Read more...CalPERS supposed star hire Ben Meng just cost the giant fund $1 billion, over the objections of expert adviser Wilshire Associates.
Read more...It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.
Read more...An article by Fed and FDIC researchers argues for hiding banks’ dirty laundry. Too bad the authorities didn’t make banks shape up instead.
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