Recent Items
Sunday, December 28, 2025
Links 4/19/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 452 Comments »
Oil, Gas, Petrochemical Financial Woes Predate Pandemic — And Will Continue After, Despite Bailouts, Report Finds
Problems with the oil, gas, and petrchemical industries predate the COVID-19 pandemic – and now will be even more difficult to rseolve.
Topics: Banana republic, Energy markets, Environment, Global warming, Guest Post, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 5:55 am | 23 Comments »
Links 4/18/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 325 Comments »
How COVID-19 Showed America’s Dependence on Blue-Collar Workers
The outbreak of “hero” talk is a long-overdue admission that blue-collar workers are the backbone of the US economy. Time to pay them more.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Pandemic, The destruction of the middle class
Posted by Yves Smith at 5:32 am | 39 Comments »
#DemExit Now: How the Democratic Party Cheated Bernie Sanders Out of the Nomination
How the Dems played dirty with Sanders.
Topics: Banana republic, Global warming, Income disparity, Politics, Social values, The destruction of the middle class
Posted by Yves Smith at 5:12 am | 208 Comments »
2:00PM Water Cooler 4/17/2020
Today’s Water Cooler: Festival of Biden (strange inactivity, SuperPAC, Michelle Obama, VP horserace), Sirota on civility, vote by mail, ballot marking devices, Howie Hawkins, employment situation, state budgets, gold, Amazon, #COVID19 (epidemiology, asymptomatic tranmission), time
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 205 Comments »
CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing
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.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal, Politics, Regulations and regulators, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 10:11 am | 21 Comments »
Links 4/17/2020
Topics: Links
Posted by Lambert Strether at 6:57 am | 329 Comments »
Taleb Questions CalPERS Ben Meng’s Competence and Honesty in Defending Missed $1 Billion Hedge Gain; Taleb Estimates CalPERS Net Loss on Meng’s “Alternative Mitigation” Over Two Years at $19 Billion
Nassim Nicholas Taleb calls out one of CalPERS CIO Ben Meng’s Big Lies, and unearths an even bigger one.
Topics: Banana republic, CalPERS, Derivatives, Doomsday scenarios, Dubious statistics, Investment management, Investment outlook, Pandemic, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 6:53 am | 60 Comments »
A Payments Holiday is More Realistic Than You Think
It may be simpler to enact a payments holiday than to try to get money to the hands of individuals who desperately need it.
Topics: Banking industry, Credit markets, Guest Post, Investment management, Pandemic, Payment system
Posted by Yves Smith at 6:46 am | 25 Comments »
Is There Any Better Time Than Now For a General Strike?
May Day is around the corner. It seems a fitting time for workers to demand better via a general strike.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:16 am | 53 Comments »
2:00PM Water Cooler 4/16/2020
Today’s Water Cooler: Biden administration personnel, Biden VP, Biden and The Zuckerberg, Biden and AOC, “essential workers,” Hofstadter, bourgeois riots, employment situation, manufacturing, California groundwater, Carnival, the corporate super-spreader, hospital staff cuts, apples, LSD
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 140 Comments »
DemocracyWatch: Global Pandemic Power Grabs
Yet another pandemic downside….
Topics: Banana republic, Doomsday scenarios, Guest Post, Legal, Media watch, Pandemic, Politics
Posted by Yves Smith at 9:21 am | 21 Comments »
Lockdown Rebelliousness: Denying that Coronavirus Is in Charge
The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Economic fundamentals, Free markets and their discontents, Health care, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 6:55 am | 204 Comments »
Links 4/16/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 250 Comments »



