CalPERS, which has lagged nearly all other public pension funds’ performance, is doubling down on failure by resorting to leverage.
Read more...How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
Read more...Finance, which some see as uniquely positioned to save the planet, has already bankrolled 1.5֯ C of warming.
Read more...Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...How stock price fixated management and a big expansion into financial services under Jack Welch did in the once-esteemed General Electric.
Read more...The financial press overhyped the latest Fed stabilty report’s comments on China, and ignored the near total absence of supply chain woes.
Read more...How New York City taxi drivers won a rare and much needed debt restructuring.
Read more...Famed short-seller Jim Chanos is more concerned with political fallout from China’s Evergrande than economic/financial woes.
Read more...I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Read more...Marking the 50th anniversary of the end of the Bretton Woods economic system.
Read more...Banks fund new oil pipelines that will generate climate pollution for decades. They are greenswahing their loans as ‘sustainability’ measures
Read more...The funding for shale production in the US has dried up as moneybags finally realize that there’s no profit to be had.
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