Thursday, October 16, 2025

How Third-Party Auditors Make Oil Industry Fraud Possible

Oil companies hire accountants to legitmate inflated financial claims. Investors and regulators are targeting these auditors for fraud.

2:00PM Water Cooler 6/3/2021

~ Today’s Water Cooler ~

Driver’s License Suspensions for Failure to Pay Fines Inflict Particular Harm on Black Drivers

Yet another way that biased policing does financial harm to blacks and people of color.

Links 6/3/2021

CalPERS Desperate Response to Suit Over Illegal Secret Board Discussions and Other Abuses Seeks to Drag Case Out as Long As Possible

CalPERS’ intelligence-insulting answer to former board member Jelincic’s transparency lawsuit says that CalPERS is just dragging things out.

How Is Your Economy?

One of our periodic reader queries as to what they make of the state of the economy based on local sightings.

Why Colombia Has Erupted in Protest

The pandemic exacerbated intolerable poverty and economic distress in Colombia. As repression mounts, is there any way out?

2:00PM Water Cooler 6/2/2021

~ Today’s Water Cooler ~

Little-Known Illnesses Turning Up in Covid Long-Haulers

Yet more types of long Covid damage, this one particularly debilitating.

Links 6/2/2021

Lawmakers Are Firing Back At Fossil Fuel Divestors

Red state retaliation! Fossil fuel states will take business away from firms that divest from energy producers.

The West’s Not Very Hidden Hand in Debt Oppression in Central Asia

How World-Bank-sponsored microlending produced widespread misery in Kyrgyzstan and Kazakhstan: debt collectors use violence.

SoftBank-Funded Silicon Valley Unicorn Katerra, Which Was to “Transform” the Construction Industry, Collapses

Katerra, one of the rare unicorns with a real or at least plausible business, fell to Covid. Lawsuits will fly.

2:00PM Water Cooler 6/1/2021

~ Today’s Water Cooler ~

From Tragedy to Hesitancy: How Public Health Failures Boosted COVID-19 Vaccine Scepticism

Who’d have thunk it? Public health incompetence fuels distrust in official recommendations, like vaccines.