Another case of a CalPERS executive, here Chief Investment Officer Nicole Musicco, making clear they think they are above California law
Recent Items
Sunday, February 8, 2026
CalPERS Chief Investment Officer Musicco and Son in NBA Playoffs Courtside Seats Next to Billionaire Warriors Owner and Kleiner Perking Partner Joe Lacob. What Gives?
Topics: CalPERS, Legal, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 10:45 am | 13 Comments »
Links 5/18/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 141 Comments »
Deaths of Despair Now Significant Among the Young
The US cancer of deaths of despair has progressed from less educated middle aged whites to the young of all stripes.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Global warming, Income disparity, Pandemic, Social policy, Social values
Posted by Yves Smith at 6:54 am | 54 Comments »
China and the Revenge of the Sanctioned
How US ham-handed use of force and misreadings of key players’ interests, allowed China to suddenly take a leadershp role in the Middle East
Topics: China, Economic fundamentals, Energy markets, Globalization, Guest Post, Infrastructure, Middle East, Politics
Posted by Yves Smith at 6:31 am | 10 Comments »
Is The U.S. Preparing To Punish OPEC?
Has the US still not worked out that there are some parties it can’t push around, and OPEC might be one of them?
Topics: Energy markets, Free markets and their discontents, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:59 am | 11 Comments »
Sitrep on Relocation Plans
My plans to leave Mountain Brook, Alabama are about to come to fruition.
Topics: Notices
Posted by Yves Smith at 8:30 pm | 132 Comments »
2:00PM Water Cooler 5/17/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 66 Comments »
US Efforts To Turn Farm Animal Poop into Biofuel Spark Concerns
Manure biofuel seems to be taking off despite red flags such as explosions and environmental damage.
Topics: Energy markets, Environment, Global warming, Guest Post, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 48 Comments »
Links 5/17/2023
Topics: Guest Post
Posted by Yves Smith at 6:59 am | 104 Comments »
Some US National Security Experts Call for Peace in Ukraine
While it is now acceptable to suggest negotiating an end to the Ukraine conflict, that’s still a long way from a needed consensus.
Topics: Doomsday scenarios, Europe, Guest Post, Media watch, Politics, Russia
Posted by Yves Smith at 6:25 am | 52 Comments »
New California Program Wants All Hate “Incidents” Reported to the State
The CA vs Hate hotline will document any action or behavior “motivated by hate” but legally protected by the First Amendment right to freedom of expression. Similar efforts are in the works for other states and cities.
Topics: Dubious statistics, Politics, Surveillance state, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 24 Comments »
Ukraine’s Neoliberalism on Steroids, Europe’s Economic Suicide
Yves here. Sit back and enjoy yet another discussion between Radhika Desai and Michael Hudson, this time joined by Professor Mick Dunford at the Geopolitical Hour. Today’s tour starts with Ukraine, moves to Russia, and then continues to Europe, the US and China. It is noteworthy to see the Western media act as if Europe’s […]
Topics: China, Economic fundamentals, Europe, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Russia, The destruction of the middle class
Posted by Yves Smith at 5:00 am | 21 Comments »
2:00PM Water Cooler 5/16/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 55 Comments »
Advertiser Block Lists as a Threat to Media Integrity
Advertiser conventional wisdom about ad placement is suboptimal for them and bad for publishers.
Topics: Dubious statistics, Guest Post, Media watch, Politics
Posted by Yves Smith at 9:55 am | 9 Comments »
Links 5/16/2023
Topics: Guest Post
Posted by Yves Smith at 6:59 am | 198 Comments »



