Sacramento Bee Reports on CalPERS’ Fee Lapses
CalPERS is in even more hot water as the influential Sacramento Bee raises its eyebrows about CalPERS’ lack of attentiveness about fees.
Read more...Category Archives: Media watch
John Helmer: Financial Times Makes Igor Zyuzin a Hero for Standing Up to Putin
A case example of how Financial Times Moscow bureau reporters give advertorial promotion an oligarch applying to the City of London to raise debt and equity finance, buying London and country real estate; and deterring investigation of their business with British libel law firms.
Read more...Bill Black: Roger Cohen Laments his Inadequate Schadenfreude Because the Greeks Don’t Suffer Enough
Bill Black shreds a remarkably rancid anti-Greek screed.
Read more...New Brunswick: How the Scammers Behind Virgin Gold Mining Corporation Found a Really Soft Touch
By Richard Smith It’s high time for an update on this vast fraud story, which has, near its core, Bryan Cook and Thomas Yi, of bogus international investment bank London Capital. Here’s a synopsis of the story so far at NC, and the global press coverage that has ensued. First, there was “Is Power8, Sponsor of […]
Read more...John Helmer: Chatham House Rule — Propaganda is What Comes Out of Other People’s Mouths, and Pockets
The West is apparently worried about a propaganda gap with Russia, and the solution is truth-telling, provided by Chatham House for a price.
Read more...Wall Street Journal Questions Fed Beige Book “Rosy” Take on “Recovery”
Is the august Wall Street Journal hinting that the “recovery” has no clothes?
Read more...Bill Black: Sorkin on the Street’s Surge of Suicides – Ignoring the Obvious
Predictably, it never occurred to Andrew Ross Sorkin that being put in impossible ethical positions could be a cause of some of of Wall Street’s recent suicides.
Read more...Gaius Publius: Sinking the Sanders Campaign Beneath a Wave of Silence
Sanders can win, and that’s one of the reasons the press is going to try to sink him.
Read more...Dick Fuld Continues to Exhibit Advanced Case of Wall Street CEO Derangement Syndrome
It appears that having the financial crisis analogue to the captain of the Titanic carry on in the stereotypical super-entitled Wall Street CEO manner was too much for the tender sensibilities of CNBC.
Read more...SEC Official Effectively Thanks Gretchen Morgenson and Mark Maremont for Embarrassing Private Equity into Cleaning Up a Tad
The SEC’s acting director of examinations gave a progress report a year after his predecessor exposed widespread misconduct in private equity. But is the agency goingfar enough?
Read more...Federal Reserve Goes Silent About Our Freedom of Information Request on Greece
Not surprisingly, the central bank has gone mum about a Freedom of Information Act request we submitted over two months ago.
Read more...Bill Black: The Economist Must Retract Its Racist Headline Immediately
The UK election results provoked the Economist to reveal its racist tendencies.
Read more...Belvedere Management and its $16Bn: Now Looking More Like a Huge Collapsing Scam
As the regulatory actions accumulate, Belvedere Management looks less and less like a maligned fund manager, and more and more like a giant fraud. How much of the $16Bn it purported to manage is left?
Read more...Former Greenspan Fan Paul Krugman Now Calls Greenspan “Worst Fed Chairman Ever”
Why does Paul Krugman find it so difficult to admit to past error?
Read more...Media Consolidation Thwarted Again as Comcast Backs Off Time Warner Deal
Late Thursday, Comcast apparently signaled that they would abort a 14-month bid to purchase Time Warner Cable, in a deal that would have created the nation’s largest cable operator by a wide margin. The FCC was going to recommend a hearing, which is a prelude to cancellation. The spin is that there are more consolidation attempts on the way, but there’s no guarantee that they would be successful either.
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