How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis
New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.
Read more...Category Archives: Hedge funds
Adult-Child Genius Sam Bankman-Fried Opts for “I’m Hopelessly Stupid and Confused” Defense
Sadly, the press is eating up Sam Bankman-Fried’s not-remotely-credible defense of ignorance and addlebrain (as opposed to Adderall brain)
Read more...The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story
A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.
Read more...In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse
Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.
Read more...Kentucky Retirement Systems Lawsuit Targets New York Fixer Regina Calcaterra for Alleged Bid Fixing
What passes for the elite in this country is normally immune from prosecution or even career harm if they follow their monetary interests: curry favor with the right people, never cross anyone important unless the potential payoff is worth it. Morals be damned. We may have the gratifying spectacle of someone who openly, as in […]
Read more...In Response to Court Order, Kentucky Retirement Systems Releases 2,256 Page, Yet Incomplete, Investigation into Hedge Fund Shenanigans
Kentucky Retirement Systems is still in the whitewash business.
Read more...Kentucky Retirement Systems Ordered to Disclose Controversial $1.2 Million Report Used to Justify Inaction in Apparent Pension Looting by Hedge Funds
Kentucky Retirement Systems had a bad day in court, which is a good outcome for Kentucky citizens.
Read more...America, Land of the Dying? Alarming Study Shows U.S. Killing Its Own Population
American became an outlier among rich countries in mortality rates pre pandemic, and Americans are dying younger than their peers abroad.
Read more...Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
Read more...What Blew Our Financial Bubble So Big?
Why it’s more fun and profitable to be in the bubble economy than the real one.
Read more...Pennsylvania Public Pension Fund Trustee Katie Muth Has to Sue to Find Out What Fund Is Investing In
Proving how deep intransigence runs among public pension fund staff, PennPSERS trustee Katie Muth is suing to find out what the fund owns.
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Shareholder Activism: Icahn Targets McDonald’s Pig Pens
Carl Icahn seeks to force McDonald’s 2012 pledge to cease to use gestation crate to confine pregnant pigs within a decade.
Read more...SEC Investigating Possible Block Trading Abuses at Morgan Stanley, Goldman, Other Big Players
Mirabile dictu! More seriousness from the SEC!
Read more...New Study Explains How Coronavirus Stays Airborne Longer Than Previously Thought
New information on the airborne spread of Covid.
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