Today’s Water Cooler: Kavanaugh, now with added freshness and flavor.
Recent Items
Sunday, June 15, 2025
2:00PM Water Cooler 9/28/2018
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 212 Comments »
A Rational Backlash Against Globalization
“In a democratic society that values equality, globalization cannot survive in the long run.”
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 83 Comments »
Links 9/28/18
Topics: Links
Posted by Yves Smith at 6:55 am | 225 Comments »
The Fracking Industry’s Water Nightmare: Injection Wells Damage Production Wells, Rising Disposal Costs Will Increase Industry Losses
The fracking industry’s wastewater disposal is an unrecognized production and economic problem that is going from bad to worse.
Topics: Doomsday scenarios, Dubious statistics, Energy markets, Environment, Guest Post, Regulations and regulators
Posted by Yves Smith at 5:45 am | 31 Comments »
SEC Sues Elon Musk for Fraud, Seek to Bar Him Permanently from Executive, Board Role in a Public Company
Elon Musk put himself in the SEC’s crosshairs.
Topics: Auto industry, Legal, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:15 am | 28 Comments »
Why Dodd-Frank Is a Protection Racket for Banks
How Dodd-Frank left banks’ massive lending and safety-net subsidies intact.
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Dubious statistics, Free markets and their discontents, Guest Post, Moral hazard, Politics, Regulations and regulators, Student loans
Posted by Yves Smith at 5:05 am | 14 Comments »
2:00PM Water Cooler 9/27/2018
Today’s Water Cooler: China trade, Kavanaugh hearings (live blogs), Kavanaugh milieu, Apple Watch, mosquitoes and plastic, Cuba and bees, sorry bus stops, Hokusai
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 232 Comments »
The US-Mexico Trade Deal Dies
How the US effort to push a trade agreement with Mexico over the line fell apart.
Topics: Economic fundamentals, Globalization, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 17 Comments »
Adam Ashton of the Sacramento Bee Publicizes This Blog (and CalPERS’ Frustration With It)
Adam Ashton of the Sacramento Bee questions why we would want to expose public corruption and incompetence at CalPERS. No, I am not making that up.
Topics: Banana republic, CalPERS, Corporate governance, Media watch
Posted by Yves Smith at 9:27 am | 44 Comments »
Links 9/27/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 166 Comments »
The Bank of International Settlement’s Claudio Borio, Who Warned About the Crisis, Says the World Economy Is About to Get Very Sick
BIS chief economist Claudio Borio warns that central bankers have overdone the liquidity party, and investors are not being paid enough to take ris
Topics: Banking industry, Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Risk and risk management, The dismal science
Posted by Yves Smith at 6:19 am | 49 Comments »
Something Russia and EU Appear to Agree on – the Euro
The very rational case for Russia and the EU to trade oil in euros.
Topics: Commodities, Currencies, Energy markets, Europe, Guest Post, Risk and risk management, Russia
Posted by Yves Smith at 6:10 am | 5 Comments »
California Treasurer John Chiang Calls for an Independent Investigation of CalPERS CEO Marcie Frost’s Hiring Misrepresentations
California Treasurer John Chiang objects to CalPERS efforts to treat documented evidence of CEO Marcie Frost making repeated misrepresentations about her background as a PR problem and calls for a serious investigation.
Topics: Banana republic, CalPERS, Media watch, Politics
Posted by Yves Smith at 7:08 pm | 25 Comments »
2:00PM Water Cooler 9/26/2018
Today’s Water Cooler: Trade, Sanders and Warren, Kavanaugh goes pear-shaped, Republicans in the Midwest, media bias, new home sales, investor confidence, Tesla, Uber, National Comic Book Day, Hot Cheetos, Westminster Abbey
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 158 Comments »
CalPERS’ CEO Marcie Frost’s History of Embellishment and Poor Management Goes Back to Washington
Yet more confirmation of our findings regarding CalPERS CEO Marcie Frost’s record of misrepresentations.
Topics: Banana republic, CalPERS, Corporate governance, Dubious statistics, Investment management
Posted by Yves Smith at 9:30 am | 30 Comments »