Board member Margaret Brown has finally had it with CalPERS’ dirty tricks.
Recent Items
Tuesday, July 1, 2025
Board Member Margaret Brown Sues CalPERS, Board President Over Gang-Style Retaliation for Efforts to Oppose Its Incompetence
Topics: Banana republic, CalPERS, Investment management, Investment outlook, Legal, Media watch, Politics, Risk and risk management
Posted by Yves Smith at 2:46 am | 32 Comments »
Who Benefits From New Technologies?
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely?
Topics: Dubious statistics, Economic fundamentals, Guest Post, Technology and innovation, The dismal science
Posted by Yves Smith at 2:29 am | 7 Comments »
Dogpiling Taibbi and the Dearth of the Free Press
A cri de couer on sorting the news
Topics: Media watch, Politics
Posted by Lambert Strether at 4:25 pm | 114 Comments »
2:00PM Water Cooler 6/22/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
The Economy Isn’t About Money. It’s About Putting Food on the Table
Our Enlightenment predecessors recognized not one but five economies – and the pandemic has reinvigorated our taste for them.
Topics: Economic fundamentals, Free markets and their discontents, Politics, Ridiculously obvious scams
Posted by Lambert Strether at 11:47 am | 22 Comments »
Links 6/22/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 174 Comments »
Grim Prospects for New York City as Few Office Workers Return Post Lockdown; How Hard Will Other US Cities Be Hit?
An update on getting back to normal (not) in New York City.
Topics: Doomsday scenarios, Economic fundamentals, Pandemic, Taxes
Posted by Yves Smith at 3:58 am | 51 Comments »
Who Pays for Stranded Assets? Taxpayers Are Footing The Bill For 100-Year Old Oil Wells
Why shuttering oil wells is a physical, economic, and political mess.
Topics: Banana republic, Dubious statistics, Energy markets, Global warming, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:54 am | 26 Comments »
Grenfell Tower Fire: Third-Year Anniversary (Non-)Progress Report
Some progress on Grenfell Tower: Remediating apartment blocks, ongoing inquiries, regulatory proposals. But not nearly enough. And then there’s the potential IT boondoggle. They were careless people, Tom and Daisy…
Topics: Guest Post, Politics, Real estate, Risk and risk management, Social policy, Social values, UK
Posted by Lambert Strether at 3:25 pm | 21 Comments »
Links 6/21/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 300 Comments »
We Caught Bacteria from the Most Pristine Air on Earth to Help Solve a Climate Modeling Mystery
Due to how remote the Southern Ocean is, there have been very few actual studies of the clouds there.
Topics: Global warming, Guest Post, Science and the scientific method
Posted by Lambert Strether at 6:45 am | 6 Comments »
Links 6/20/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 284 Comments »
What Do Struggling Small Businesses Need Most? Time – and Bankruptcy Can Provide It
Can a leisurely bankruptcy process help small businesses?
Topics: Doomsday scenarios, Guest Post, Legal, Pandemic
Posted by Yves Smith at 3:56 am | 13 Comments »
Let’s Make Sure We Get the Green New Deal Right
vid-19 throws a wrench in many of the assumptions underlying existing Green New Deal proposals.
Topics: Doomsday scenarios, Environment, Global warming, Globalization, Guest Post, Pandemic, Politics
Posted by Yves Smith at 3:12 am | 36 Comments »
2:00PM Water Cooler 6/19/2020
COVID-19 in the West ~ Klobuchar knifes Warren ~ Could Biden be running a genius-level campaign ~ Empathy ~ Who lost China? ~ Trump in Tulsa ~ Trump the undefeated ~ Amy McGrath ~ Rail, trucking, tankers ~ Go long Plexiglass ~ Ocean rise and the 30-year mortgage ~ Juneteenth ~ CHOP/CHAZ v. the Commune ~ R.I.P. Ian Holm ~ Smell and the brain
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 133 Comments »