Wednesday, August 13, 2025
Cryptocurrency Firms Regularly Lose Codes and Money
Cryptocurrency is more vulnerable to theft and loss than most of its fans want to believe.
Reining in Leveraged Lending
Yves here. This article pre-supposes that readers understand that most leveraged lending is taking place as a result of private equity, via two routes. First, private equity funds use a great deal of borrowed money when buying companies. One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]
2:00PM Water Cooler 2/8/2019
Today’s Water Cooler: Open Thread
AOC and Ed Markey Introduce Green New Deal Resolution (and Let’s Remember It’s a DEAL)
The “climate” and “justice” sides of the Green New Deal.
Cisco Joins Other Tech Giants in Calling for a Federal Privacy Law
Cisco joins other big tech companies in calling for a federal privacy law. This is a blatant attempt to shutter what Louis Brandeis called the “laboratories of democracy” – states, such as California, that pioneer new policies to protect their citizens.
Michael Hudson: The Shape of the Venezuelan Economy, from Chavez to Maduro and Beyond
Just as U.S. policy under Kissinger was to make Chile’s “economy scream,” so the U.S. is following the same path against Venezuela.
PR Powerhouse to Democrats: Don’t Be Mean to Starbucks
The Starbucks lady doth protest too much.
More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
More on how CalPERS will get its pockets picked in its newfangled private equity scheme.
2:00PM Water Cooler 2/7/2019
Today’s Water Cooler: Sherrod Brown, Abrams v. Sanders on the SOTU, campaign contributions in 2018, jobless claims, landlords and tenants, foldable smartphones, Microsoft and AI, EVs and the cold, Tesla, bulls and bears, weed, Twitter, billionaires, historical thinking, Inca bridges
Illinois Supreme Court Affirms Biometric Privacy Law, Clearing the Way for Lawsuits
Illinois Supreme Court hands down unanimous decision that an individual needn’t prove actual injury nor adverse effect to recover under the state’s bellwether biometric privacy statute.
Our Plastics, Our Selves
Account of the research expedition undertaken by the vessel The Sea Dragon to the Great Pacific Garbage Patch. Ubiquitous plastic is affecting marine life, and humans, in ways scientists are only beginning to to understand.
Servaas Storm: The Bogus Paper That Gutted Workers’ Rights
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.
