CalPERS needs to come clean about its Ben Meng mess. A pending Carlyle transaction shows it’s still in cover-up mode.
Monday, September 15, 2025
2:00PM Water Cooler 8/18/2020
~ Today’s Water Cooler ~
Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess
A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.
Grim Future of Cities: State’s Growing Budget Hole Threatens New York City Jobs, Services
The New York City budget hole is getting bigger. How much of a harbinger is this for other US cities?
Major General Dennis Laich: Pentagon Needs a Bad Guy
Retired General Dennis Laich gives some insight into America’s permanent war policy.
What Will the Real American Resistance Look Like — Chaotic Rebellion or Organized General Strikes?
As lower and middle income Americans slide into dire straits thanks to Covid-19, political pressure is building. But are Americans capable of rebellion?
2:00PM Water Cooler 8/17/2020
~ Today’s Water Cooler ~
UK Government Accused of New “U-Turn” on Local Covid Contact Tracing with Outsourcing Giants Serco and Sitel
“Local councils should be doing the whole lot, not just the mopping up. Serco and Sitel are cherry picking and doing the easy bits and leaving the difficult stuff to local authorities.”
Brawl Over Mayberry v. KKR: Big Hearing Monday Over One Contested Issue, Whether Attorney General Can Intervene in Kentucky Retirement Systems Case
The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.
Preparing for the COVID-19 Third Wave: The Case for Hyperbaric Oxygen Therapy
Hyperbaric oxygen therapy: a promising Covid-19 treatment that is being ignored.
Mauritius Oil Spill Tragedy: How and Why the MV Wakashio Ran Aground, and Aftermath
A mysterious course change, a birthday party, oil on the beaches, and a billion dollars in compensation (maybe).
