Category Archives: Legal

Trump Admin’s Latest Rail Safety Rollback Sets up Industry to Make Its Own Rules

Trump administration continues to follow the self-regulation gospel – this time in the area of rail safety. This case study in corporate capture of American regulation is yet another area where the accidents are just waiting to happen.


How Kentucky Tried to Make the Country’s Worst-Funded Public Pension Plan Even Worse

Many public pension funds are in a very deep underfunding hole, and too many are resorting to high fee investment strategies that at this point in the cycle are costly hopium. Gordon Hamlin, a pro bono advier to public pensions, sets forth a strategy for the most deeply underfunded state pension, the Kentucky Retirement System.