A CSU group has asked Gavin Newsom to put CalPERS CEO Marcie Frost on administrative leave while an inspector general probes governane failings.
Read more...Ka-ching
Read more...How McKinsey put money over its once vaunted firm values.
Read more...A survey of CalPERS’ investment professionals reveals that CalPERS is one big unhappy family. Not only that, it shows that they’ve become less happy in the last year, since Ben Meng became Chief Investment Officer. We’ve embedded the summary page of the survey, but this section shows that less than 1/4 of CalPERS’ investment professional […]
Read more...The myth of magical CEOs seems to break down in the public sector.
Read more...Heatlh care CEOs are a prime example of executive feather-bedding.
Read more...A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...A damning compendium of what ails the US health care industry.
Read more...Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.
Read more...Nader: “There is no need to wait for some long-drawn out, redundant inquiry. Management was criminally negligent, 346 lives of passengers and crew were lost.”
Read more...CEO pay needs to be curbed, and a maximum wage is one way to do it.
Read more...Reconfirming the findings of a study that debunked some key claims about the supposed benefit of stock buybacks.
Read more...Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...Why authorizing a further pay increase for CalPERS CEO Marcie Frost is indefensible, but CalPERS cronyistic board will almost certainly set that plan in motion next week.
Read more...