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...Kentucky Retirement Systems is still in the whitewash business.
Read more...If you are a CalPERS retiree, please be sure to vote in the board election now underway. You deserve to be properly represented.
Read more...Kentucky Retirement Systems had a bad day in court, which is a good outcome for Kentucky citizens.
Read more...The Financial Times reports that private equity investors are running for the exits as CalPERS plans to pile on.
Read more...A venture capital washout is underway. Pass the popcorn.
Read more...John Bellamy Foster explains the plans to create assets on the back of everything nature does and expropriate it from the global commons.
Read more...CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?
Read more...Yet more reasons why CalPERS needs to kick its private equity bad habit.
Read more...The big Wall Street defendants in the seemingly never-ending Mayberry v. KKR saga, over charges of breaches of fiduciary duty, fee grifting, and other bad behavior, got a big break due to a remarkably lame error by the presiding judge, Philip Shepherd. His being assigned to the case in 2017 was seen as offering some […]
Read more...Why the use of options may be the risk bomb that blows a big hole in our financial system.
Read more...How a new consultant, Global Governance Advisors, is helping CalPERS executives and staff even better line their pockets.
Read more...Is the search for better valuations of climate risks to help businesses reducing global emissions an exercise in self-delusion?
Read more...A comment on the Securities and Exchange Commission’s proposed rule “Share Repurchase Disclosure Modernization”, aka stock buybacks.
Read more...“CEOs can’t stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring,” said one expert.
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