Category Archives: Media watch

Sacramento Bee Fingers CalPERS CEO Marcie Frost, General Counsel Matt Jacobs, and Board President Priya Mathur in Asubonten Resume Fabrication Scandal

Even the Sacramento Bee is compelled to call out CalPERS executives for their failure to do basic checking when hiring former CFO Charles Asubonten.

Los Angeles Times Slams CalPERS for Vetting Failures That Led to Exit of CFO Asubonten for Resume Misrepresentations, Doubts Whether CEO Marcie Frost Has Made Needed Changes

Mike Hiltzik of the Los Angeles Times weighs in on the fiasco of CalPERS’ hiring of Charles Asubonten.

CalPERS Former CFO Charles Asubonten’s Appeal of Termination Confirms Due Diligence Failure by CalPERS; Will Board Hold CEO Marcie Frost and General Counsel Matt Jacobs Accountable?

The final chapter in CalPERS’ sorry Asubonten affair.

Bill Maher Leads Attack on Larry Wilkerson over Trump Meeting with Putin

Larry Wilkerson is roughed up by Bill Maher for the crime of saying taking steps to avert nuclear war with Russia is a good idea.

The World Is Hot, on Fire, and Flooding. Climate Change is Here.

In the midst of a global heat wave, the media refuses to talk about climate change.

CalPERS Pays $3.4 Million to Dow Jones to Settle Massive Copyright Infringement That We Exposed

CalPERS has torched $4 million total in beneficiary funds so far by acting as if it were above the law and could steal from journalists and publishers.

Why I Hate Google, Twitter, and Facebook

Google, Twitter, and Facebook are anti-democratic for both readers and writers.

New York Times: Virtuous McKinsey Defiled by Dark Continent

McKinsey is unhappy that the New York Times did a serious investigative story on a major scandal in South Africa….when the Times pulled some of its punches.

Will Investors Like CalPERS Fall for Private Equity’s Long-Lived Fund Con?

Beware of the private equity “innovation,” the long-lived or “permanent capital” fund. It is virtually guaranteed to short change investors on returns needed to compensate for the longer holding period.

Gaius Publius: Notes on Seymour Hersh’s Book “Reporter”

Seyrmour Hersh’s retrospective demonstrates how much nerve it takes to do reporting, and how few reporters have it.

CalPERS Makes Nasty, Inaccurate, and Self-Damaging Attack on Dean of Sacramento Columnists for Criticizing Private Equity Outsourcing Scheme

CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.