~ Today’s Water Cooler: Politics, pandemics, Cohen’s testimony in the Bragg trial plus theories of the case, Biden and Trump debate, the NC legislature bails for the weekend without passing the anti-masking bill, the Impressionists and the Paris Commune. ~
Recent Items
Thursday, May 16, 2024
2:00PM Water Cooler 5/16/2024
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 50 Comments »
New Palestine Protest/Free Speech Threat: House Oversight Committee Targets 20 Pro-Palestinian Organizations, Such as Bill & Melinda Gates Foundation, Demanding Treasury Produce Suspicious Activity Reports, Including on Employeees
A new salvo against designated enemies, aka Palestinian rights advocates, which fortunately is more bark than bite.
Topics: Banking industry, Legal, Media watch, Middle East, Politics, Regulations and regulators
Posted by Yves Smith at 11:08 am | 26 Comments »
Links 5/16/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 154 Comments »
Kentucky Retirement Systems Plaintiffs Seek Repayment from KKR Entities of Misappropriated $137 Million Plus Interest and Punitive Damages, Totaling $771 Million….Oh, and An Accounting Too
The Tier 3 Plaintiffs in the long-running public pension case, Kentucky Retirement Systems, are fast off their marks with a blockbuster filing.
Topics: Hedge funds, Investment management, Legal, Politics, Private equity
Posted by Yves Smith at 6:57 am | 6 Comments »
‘Most Thorough Legal Analysis’ Yet Concludes Israel Committing Genocide in Gaza
Israel genocide denialists face more of an uphill battle as an authoritative groups renders a preliminary verdicts against the apartheid state.
Topics: Doomsday scenarios, Guest Post, Legal, Middle East, Politics, Social values
Posted by Yves Smith at 3:05 am | 53 Comments »
The IMF’s Chronicle of a Catastrophe Foretold
A dour IMF forecast bodes ill for developing economies and provides more confirmation of crises in the offing.
Topics: Africa, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Politics
Posted by Yves Smith at 12:57 am | 5 Comments »
2:00PM Water Cooler 5/15/2024
~ Today’s Water Cooler: Politics, Pandemics, Trump’s trial continues, Biden and Trump to debate (without Kennedy), raw milk enthusiasts resist H5N1 “fearmongering”, North Carolina’s horrid anti-masking law, and how to make sure it doesn’t pass. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 61 Comments »
The Arsenal of Genocide: The U.S. Weapons That Are Destroying Gaza
Naming and shaming the weapons systems and manufacturers who are profiting from the slaughter in Gaza.
Topics: Doomsday scenarios, Guest Post, Investment management, Middle East, Politics, Social values
Posted by Yves Smith at 9:55 am | 17 Comments »
Links 5/15/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 186 Comments »
Game Finally On! Judge Denies Key Motions to Dismiss in Kentucky Retirement Systems Litigation, Subjecting KKR, Blackstone, PAAMCO, and Top Financiers Henry Kravis, George Roberts, Steve Schwarzman, and Tomlinson Hill to Discovery
The much-delayed Kentucky Retirement System cases are finally moving forward, causing heartburn to some top names on Wall Street.
Topics: Hedge funds, Investment management, Legal, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 6:30 am | 10 Comments »
US Wars Are Making Türkiye’s Relationship With the West Politically Untenable
US support of Israel is creating an increasingly volatile situation in NATO’s second most important country. Meanwhile, sanctions and threat of sanctions keep coming over “aiding” Russia and Iran.
Topics: Energy markets, Europe, Middle East, Politics, Russia, Turkey
Posted by Conor Gallagher at 5:30 am | 11 Comments »
What ‘The Wire’ Teaches About Institutions
“The Wire” as a worked example on the nature and pace of change. Do you agree?
Topics: Corporate governance, Guest Post, Politics, Social policy, Social values
Posted by Yves Smith at 2:09 am | 51 Comments »
2:00PM Water Cooler 5/14/2024
~ Today’s Water Cooler: Politics, pandemics, Michael Cohen’s “legal services,” surrealism, cave art ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 56 Comments »
How Geopolitics Is Changing Trade
Western measures against Russia and China measures have affected global trade. But what of actual winners and losers?
Topics: China, Economic fundamentals, Europe, Free markets and their discontents, Globalization, Guest Post, Politics, Russia
Posted by Yves Smith at 10:07 am | 23 Comments »
Links 5/14/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 190 Comments »