Sunday, August 10, 2025

Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700

Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.

Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume

A detailed documentation of the misrepresentations and inconsistencies in the resume presented by Charles Asubonten to CalPERS when he applied for the CFO post.

How the US Military Is Failing

A critical, but maybe not critical enough, look at the relationship of the US military to its society and ostensible goals.

2:00PM Water Cooler 4/10/2018

Today’s Water Cooler, Xi and trade, Kamala Harris, Clinton and Pompeo, educated Republicans, Cardi B, wholesale trade, prices, Post Office, Bayer + Monsanto, meditation

Roman Roads: A Persistent Effect of Infrastructure on Development

Roman roads as a case study of the (very) long term effects of infrastructure investment.

Links 4/10/18

Don Quijones: After a String of Corporate Scandals and Collapses, “Big Four” Accounting Giants Face Breakup in the UK

The Big Four accounting firms desperately need to be reformed. But are UK regulators up to the task?

How Different Are Trump’s Tariffs?

Trump’s tariffs and trade belligerence are less of a departure from recent US behavior than you might think.

Three More Reasons for Wealth-Deprived Americans to Take to the Streets

Some telling facts on wealth inequality.

2:00PM Water Cooler 4/9/2018

Today’s Water Cooler: China trade, Florida Senate race, midterms, “the groundlings,” cybernetics and hegemony, employment situation, Facebook fracas, Viking sunstones, self-esteem

Fast Fashion Juggernaut Rolls Along

The fast fashion cycle continues to accelerate, as sustainability concerns fall to the wayside. Algorithms are trotted out as a panacea for products that embed an offensive message.

Trump v. the Postal Service: Fake News, Flawed Analysis, and Bogus Tweets

Why Trump’s claim that the Postal Service is subsidizing Amazon is all wet.

Links 4/9/18

The Corporate Plan to Groom U.S. Kids for Servitude by Wiping Out Public Schools

Schools are becoming a two-tier affair, with those for the non-affluent preparing them for “a life that is more circumscribed, less vibrant, and, quite literally, shorter, than what past generations have known.”

Don Quijones: As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico

Mexico will requires banks to collect biometric data from all their customers this year– a policy that will exacerbate economic crimes committed by hacking databases.