Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”
Private equity gets some long overdue scrutiny.
Read more...Category Archives: Regulations and regulators
Plastics Watch: Recycling, Raccoons, and Rubbish
Even a massive recycling campaign won’t make a dent in the plastics problem, as long as the industry ramps up production; some thoughts on raccoons, and rubbish.
Read more...FAA Pushes Back on Boeing Pressure to Recertify 737 Max by Year End; Agency Also Considering Major Revamp of Certification Process
Remarkably, the new FAA chief Steve Dickson is standing up to Boeing and planning widespread reforms at the agency.
Read more...Blockbuster WSJ Investigation: How Google Interferes With Its Search Algorithms and Changes Your Results
WSJ publishes results documenting how Google tweaks its search algorithms and adjusts your search results, to privilege large over small, and muddled middle perspectives.
Read more...HHS Investigates Google-Ascension Secret Medical Records Project for Millions of Patients; Concrete Evidence of HIPAA Violations
Google and Ascension look to have shot their medical data project in the head with their flagrant disregard for patient privacy laws.
Read more...Google Collecting Medical Data on Millions Without Informing Patients or Doctors
Google now wants to play doctor.
Read more...Roiled Repo Markets: Looking for Answers in All the Wrong Places
If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.
Read more...German Finance Minister Pumps for EU-Wide Deposit “Reinsurance” But Expected Details Mean Lots of Gaps Likely
The lead story in the Financial Times tonight is that Germany’s finance minister Olaf Scholz is pushing for an EU-wide deposit scheme…of sorts. Even though Scholz’s plan appears to be more modest than the headlines indicate, even a halting move towards EU-level fiscal commitments would be a significant departure from Germany’s traditional stance of barring […]
Read more...Public Pension Funds Criticized for Profiting From Private Equity’s “Surprise Billing” Abuse
Surprise billing is such a widespread abuse that it is managing to bring private equity chicanery and public pension funds’ tacit support of it to long-overdue public attention.
Read more...Flip Flop: UK Halts Fracking in England, Effective Immediately, Over Earthquake Fears
UK halts all fracking in England with immediate effect. On its face, a big win, but will the Tories make the moratorium permanent?
Read more...California Nursing Home Residents Told To Find New Homes
A nursing home case study in profiteering.
Read more...‘Is This About the Oil Industry?’ House Oversight Hearing Explores Big Oil’s Role in Weakening Clean Car Standards
Oil industry lobbies to weaken emissions standards, deploying “public interest groups” that are mere mouthpieces for fossil fuel companies.
Read more...Phase One of Grenfell Tower Inquiry Released, Towers Not Up to Code, Suggestions for Firefighters
Hot takes on the Phase One Grenfell Towers report, which makes good suggestions for the firefighters and determines that the Towers were not up to code, and what should happen in Phase Two.
Read more...Waste Watch: Single Use Plastics, Please Ban Them, Now
Why we need single-use plastics bans: to save us from our worst selves; plus a positive development on the recycling front.
Read more...The Sanders Plan to Legalize Marijuana Does More Than Legalize Marijuana
Discussion of comprehensive Sanders plan to legalize marijuana: legal and political implications.
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