Sunday, September 14, 2025

Newspaper Woes Intensify in Covid-19 Era: Widespread Job and Pay Cuts as Ad Revenues Fall

While you were busy worrying about coronavirus, the newspaper business took another body blow.

SEC Issues Devastating Risk Alert on Private Equity Abuses; Effectively Admits Failure of Last 5+ Years of Enforcement

The SEC’s Office of Compliance Inspections and Examinations says private equity conduct is really really bad.

The Best Law Capital Can Buy

A review of the important new book “The Code of Capital: How the law creates wealth and inequality.”

2:00PM Water Cooler 6/25/2020

~ Today’s Water Cooler ~

Bayer Agrees to $10.9 Billion Glyphosate Settlement

Bayer agrees to $10.9 billion glyphosate settlement, resolving much pending US litigation. The company still faces European woes.

Links 6/25/2020

‘Downright Dangerous’: Trump Moves to End Federal Support for Testing Sites as US Sees Record Daily Spike in Covid-19 Infections

Trump administration moves to curtail COVID testing – on theory that if there’s no test showing the tree fell in the forest, it did not fall.

LA Times’ Michael Hiltzik Shellacks CalPERS for Trumped-Up Attacks on Board Member Margaret Brown, Toadying to Staff Instead of Providing Oversight

Mike Hiltzik gives the CalPERS board yet another well-warranted dressing down.

Minnesota, Ellison Announces Climate Lawsuit Against Exxon, Koch, and API

Minnesota launches a bold climate lawsuit. What are its odds of prevailing?

2:00PM Water Cooler 6/24/2020

~ Today’s Water Cooler ~

Some Basic Lessons for the Governor of the Bank of England, Who Seems to be in Dire Need of Them

The Governor of the Bank of England had a major “put foot in mouth and chew” episode.

Links 6/24/2020

Saharan Dust Storm Expected To Cause Dangerous Air Pollution in U.S. This Week

Jeff Masters tellls you everything you want to know about a dust strorm set to drift over the US

America Sits on Its Hands as Covid-19 Cases Rise

More signs of Covid-19 breakdown.

Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted

Keeping tabs on the wobbly state of EU banks.