Category Archives: Investment management

CalPERS Shoots Itself in the Foot: Undermines Its Position in Insolent Letter Demanding JJ Jelincic Drop His Case Against Secrecy Abuses

Not only is CalPERS in a poor position in defending against a suit by former board member JJ Jelincic, but its attorney isn’t helping.

Sick Unicorns: America’s Broken Start-Up System

Unicorn startups are even more unprofitable than those that did not achieve unicorn status.

CalPERS Board Member Theresa Taylor Outs that a Staff Member Has Committed Fraud; When Will Giant Pension Come Clean?

Yet more misconduct at CalPERS.

Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses

A Biden rescue of the sickest private pension plans goes largely under the radar.

Mayberry v. KKR: Pitched Battle as Attorney General and Defendants Try to Block “Tier 3 Plaintiffs” Pursuing Claims Aggressively

The mudslinging! The disingenuous arguments! The clever retorts! The crafty lawyering! Welcome to Mayberry v. KKR, the Tier 3 chapter.

Former Board Member JJ Jelincic Sues CalPERS Over Illegal Secret Board Discussion After CIO Ben Meng’s Abrupt Departure and Hiding of Records Related to $583 Million Overstatement of Real Estate Assets

Former CalPERS board member JJ Jelincic is pursuing the thankless task of getting the agency to shape up. He may have found a leverage point.

Chief GameStop Tout and Registered Representative Keith Gill, Target of Class Action Suit, at Congressional Hearings Today

The leader of the GameStop short squeeze, Keith Gill, should have anticipated that he was running legal risks as a securities professional.

Yanis Varoufakis: Trumpism after Trump – NEWSWEEK Magazine, Interviewed by Basit Mahmood

Varoufakis believes Biden Administration fecklessness and love of austerity will strengthen the Trump faction.

Why Amazon Is Fighting So Hard to Stop Warehouse Workers From Unionizing

Amazon has much to answer for, like wage theft and brutal workplace condidtion, and is throwing its muscle behind not being held to account.

Mayberry v. KKR: Kentucky Attorney General Shows True Colors, Looks Over-Eager to Settle Pathbreaking Pension Case Rather Than Inconvenience Private Equity Kingpins Blackstone and KKR

Yet more underhanded-looking dealing, this time by the Kentucky Attorney General Daniel Cameron, in the landmark pension case Mayberry v. KKR.

Pension Bridge Presents Former CalPERS CIO Ben Meng as ESG Leader Despite California Investigation for Conflict of Interest That Led to His Exit

Pension Bridge discredits itself by inviting former CalPERS CIO Ben Meng, under investigation for ethics violations, to speak at its ESG event

More on the GameStop Short Squeeze: GME Myths Busted

Explaining why some of the nefarious theories about the evil GME short sellers are all wet.

Some Implications of the GameStop Short Squeeze

The seeming success of the GameStop short-slayers could in the long run come at high cost to some of them and most of us.

Elizabeth Warren’s Not-Ready-for-Prime-Time Robinhood/GameStop Intervention

Elizabeth Warren is back in swinging hard, but she’s not yet connecting with the balls.