CalPERS supposed star hire Ben Meng just cost the giant fund $1 billion, over the objections of expert adviser Wilshire Associates.
Sunday, October 6, 2024
COVID-19 Crisis Threatens Beleaguered Assisted Living Industry
Unregulated assisted living facilities are becoming hotbeds of coronavirus cases.
2:00PM Water Cooler 4/9/2020
Today’s Water Cooler: I’m still feeling the effects of “Super Pink Moon,” and I don’t feel like writing a summary. Sorry, not sorry. Plenty inside, though.
Overloaded Morgues, Mass Graves and Infectious Remains: How Forensic Pathologists Handle the Coronavirus Dead
The handling of the dead is a major but not much discussed challenge with coronavirus.
The Misguided Discussion of “Herd Immunity”
On the large gap between what the public and the scientific/medical community think about Covid-19 immunity, including testing for it.
Last Chance to Save the Euro?
The actions taken so far to salvage the single-currency union expose its fatal flaws. The last bout of stress will be a test to destruction if fundamental changes aren’t made.
The Coming Debt Crisis
Emerging market economies loaded up on debt after the crisis, which is now looking like a particularly bad move.
2:00PM Water Cooler 4/8/2020
Today’s Water Cooler: Plenty of other news, but the big news is that Sanders “suspends” his campaignl.
Angela Merkel Urged To Put European Solidarity Over German Interests and Back Coronabonds
Angela Merkel is under pressure to abandon her long-standing “Germany first” policy towards the EU. Will she finally relent?
Martin Wolf and Wishful Thinking on Ending Coronavirus Lockdowns
It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.
How to Pay for the Pandemic War
Government responsese to the pandemic are making a hash of one of the comparatively easy issues.
New York Fed, FDIC Tout “Opacity in a Banking Crisis” to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks
An article by Fed and FDIC researchers argues for hiding banks’ dirty laundry. Too bad the authorities didn’t make banks shape up instead.
Online Education in the Covid-19 Crisis: “It’s Like Coke Dealers Handing Out Free Samples”
How coronavirus is being used to advance the anti- public-education agenda
