The SEC’s Office of Compliance Inspections and Examinations says private equity conduct is really really bad.
Recent Items
Sunday, July 26, 2026
SEC Issues Devastating Risk Alert on Private Equity Abuses; Effectively Admits Failure of Last 5+ Years of Enforcement
Topics: Banana republic, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:30 am | 28 Comments »
The Best Law Capital Can Buy
A review of the important new book “The Code of Capital: How the law creates wealth and inequality.”
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Income disparity, Legal, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:32 am | 16 Comments »
2:00PM Water Cooler 6/25/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 145 Comments »
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.
Topics: Banana republic, Environment, Europe, Guest Post, Legal, Permaculture, Politics, Regulations and regulators, Science and the scientific method
Posted by Jerri-Lynn Scofield at 9:55 am | 13 Comments »
Links 6/25/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 145 Comments »
‘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.
Topics: Banana republic, Doomsday scenarios, Guest Post, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 6:50 am | 103 Comments »
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.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal, Private equity
Posted by Yves Smith at 4:15 am | 16 Comments »
Minnesota, Ellison Announces Climate Lawsuit Against Exxon, Koch, and API
Minnesota launches a bold climate lawsuit. What are its odds of prevailing?
Topics: Banana republic, Dubious statistics, Energy markets, Environment, Global warming, Guest Post, Legal
Posted by Yves Smith at 4:01 am | 9 Comments »
2:00PM Water Cooler 6/24/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 187 Comments »
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.
Topics: Banking industry, Credit markets, Guest Post, Macroeconomic policy, Payment system, UK
Posted by Yves Smith at 9:55 am | 26 Comments »
Links 6/24/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 238 Comments »
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
Topics: Doomsday scenarios, Guest Post, Health care
Posted by Yves Smith at 5:46 am | 12 Comments »
America Sits on Its Hands as Covid-19 Cases Rise
More signs of Covid-19 breakdown.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Health care, Income disparity, Pandemic, Politics
Posted by Yves Smith at 5:15 am | 123 Comments »
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.
Topics: Banking industry, Doomsday scenarios, Dubious statistics, Europe, Guest Post, Pandemic, Regulations and regulators
Posted by Yves Smith at 4:56 am | 4 Comments »
2:00PM Water Cooler 6/23/2020
COVID-19 in swing states, testing, Houston in trouble ~ Biden veep stakes: Karen Bass? ~ Biden’s hawkishness ~ Sanders agonidpol ~ DNC wants more money from Sanders ~ Trump in Tulsa ~ Michigan dead heat ~ Neera Tanden ~ Housing, manufacturing ~ Savings ~ Fireworks companies ~ College football ~ Wokeness ~ Zinn, Chomsky on Tolkien
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 113 Comments »

