Author Archives: Yves Smith
How Black Businesses Helped Save the Civil Rights Movement
How black business owners helped support the Civil Rights campaign in the US.
Read more...Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds
A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Read more...Why Is CalPERS Board Member/Governor Wannabe John Chiang Telling a Big Lie About CalPERS Private Equity Outsourcing Scheme?
Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
Read more...Intel: No Financial Meltdown
Some economists are Not Happy to see Intel getting away virtually scot free from its Meltdown and Spectre security train wrecks.
Read more...Links 1/16/17
Carillion Collapse Will Leave Taxpayers With Big Bills, Produce Knock-On Failures; Shows Danger of “Public/Private Partnerships”
A first look at the implications of the failure of Carallion, a top UK infrastructure firm and provider of outsourced services to governments
Read more...Why Urban Farming Is Key in the Fight Against Hunger and Climate Change
How urban farming can help alleviate food stress and buffer climate pressures.
Read more...Hawaii Nuke Scare Due to Lousy User Interface
Bad software played a leading role in the Hawaii nuclear panic of last weekend.
Read more...CES Shows That the Future Will Not Work
The top consumer tech show in the US was chock full of products that visibly did not work, and no one seemed bothered.
Read more...Why Pretty Much Everything You Know About Depression Is Wrong
A new book takes issue with the widespread medicalization of depression.
Read more...Careers and Families of High-Skilled Women in the Age of High Inequality
Who’d have thunk it? Cheap servants mean high income career women have more kids.
Read more...Trump’s Gift to the Climate Movement
How Trump’s climate change denialism helps activists.
Read more...How Money Won Trump the White House
Contrary to media reports, Trump made significant contributions to his Presidential campaign.
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