How hedge fund activists, who largely operate as a type of corporate raider, have subverted the notion of “shareholder democracy” and what can be done to rein them in.
Recent Items
Friday, June 20, 2025
How Hedge Fund Activists Coopted “Shareholder Democracy”
Topics: Free markets and their discontents, Guest Post, Hedge funds, Investment management, The dismal science
Posted by Yves Smith at 5:07 am | 5 Comments »
Wall Street Journal Parrots SEC’s Excuses for Big Delays in Whistleblower Payouts
The SEC succeeded in spinning the Wall Street Journal’s story on the large delays in paying out whistleblowers whose tips led to successful enforcement actions.
Topics: Guest Post
Posted by Yves Smith at 7:44 pm | 2 Comments »
CalPERS Loses Over $500 Million on Botched Timber Investment; May Have Sold at Bottom of Market
CalPERS wrongfoots another big alternative assets investment, this one in timber.
Topics: CalPERS, Investment management
Posted by Yves Smith at 7:30 pm | 23 Comments »
What’s with the New York City Subway System?
Climate change, aging cars, signals, and tunnels, plus looting by the political class and the bankers.
Topics: Environment, Global warming, Globalization, Guest Post, Infrastructure, Russia
Posted by Lambert Strether at 2:25 pm | 92 Comments »
Links 8/5/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 195 Comments »
For Many College Students, Hunger Can ‘Make It Hard To Focus In Class’
Up to half of college students report that they were either not getting enough to eat or were worried about it.
Topics: Guest Post, The destruction of the middle class
Posted by Lambert Strether at 2:55 am | 25 Comments »
Links 8/4/18
Topics: Links
Posted by Yves Smith at 6:55 am | 118 Comments »
3 Blokes In The Pub…Talk No Deal Brexit
Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Europe, Free markets and their discontents, Politics, Regulations and regulators, UK
Posted by Yves Smith at 4:55 am | 101 Comments »
Do Fair Trade Labels Actually Mean Anything?
How to tell borderline sham fair trade certifications from the real deal.
Topics: Environment, Free markets and their discontents, Guest Post, Social values
Posted by Yves Smith at 4:44 am | 29 Comments »
Meetup in Minneapolis This Thursday, August 9
The Minneapolis meetup group strikes again! Hope you can join the fun!
Topics: Notices
Posted by Yves Smith at 1:01 am | 3 Comments »
The NHS at 70: The Neoliberal Assault
Neoliberals giving NHS the treatment, with typical results…
Topics: Health care
Posted by Lambert Strether at 4:25 pm | 25 Comments »
2:00PM Water Cooler 8/3/2018
Today’s Water Cooler: China trade, Obama endorsements, OH-12, employment situation, Tesle, Apple, wildflowers, the Atlantic conveyor, farmers’ markets, and temporarily open thread.
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 113 Comments »
Inequality and Ordinary Living Standards in Rich Countries
How the evolution of the rise in inequality in the US has dominated and distorted economists’ and pundits’ commentary; data show that some pet generalizations don’t hold up.
Topics: Dubious statistics, Free markets and their discontents, Globalization, Guest Post, Income disparity, Regulations and regulators, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 45 Comments »
Links 8/3/18
Topics: Links
Posted by Lambert Strether at 6:55 am | 188 Comments »
Financial Times Goes Wobbly on Brexit; Runs Front Page Stories Claiming Theresa May Charm Offensive Is Winning “Fudges” When No Such Thing Is Happening
The Financial Times has used two lead stories this week to deliver factuall-challenged propagandizing for the Government’s Brexit maneuvers.
Topics: Brexit, Doomsday scenarios, Europe, Garrulous insolence, Politics, UK
Posted by Yves Smith at 4:29 am | 46 Comments »