A dogged effort to curb a particularly egregious private equity abuse, hospital surprise billing, bears some fruit.
Read more...Private equity has been a big winner thanks to a long-term trend of falling interest rates. What happens in a less favorable environment?
Read more...Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...CalPERS is trying to do something more obviously nonsensical than usual.
Read more...An important new suit targets a central and not even well disguised private equity abuse: illegally practicing medicine via owning MD groups.
Read more...CalPERS got a bloody nose in court. Maybe the board will wise up and behave better in the future.
Read more...CalPERS, which has lagged nearly all other public pension funds’ performance, is doubling down on failure by resorting to leverage.
Read more...How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Finance, which some see as uniquely positioned to save the planet, has already bankrolled 1.5֯ C of warming.
Read more...While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...A previous CalPERS CEO went to prison for taking bribes. CalPERS is now illegally hiding the type of fees that generated those bribes.
Read more...SEC chair Gary Gensler puts private equity in his crosshairs. Will he fire?
Read more...Private equtiy stealing from babies…um, oldsters….um, Medicare. Who’d have thunk it?
Read more...The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
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