Apollo Doth Protest Too Much: Our Leon Black-Jeff Epstein Post Elicits Intervention by Apollo’s Flack
Apollo looks unduly anxious.
Read more...Category Archives: Private equity
CalPERS in Bed With Jeffrey Epstein Client and Co-Investor, Apollo’s Leon Black Even After Apollo Pay-to-Play Scandal Led to Conviction and Jail Term for Former CalPERS CEO
CalPERS is worried about being tainted by its association with Leon Black of Apollo. CalPERS should be a lot more worried about its wallet.
Read more...Private Equity: The Perps Behind Destructive Hospital Surprise Billing
How private equity ginned up yet another abuse.
Read more...As Risky Finances Alienate Investors, Fracking Companies Look to Retirement Funds for Cash
Latest DeSmogBlog coverage of fracking follies: the still unprofitable industry turns to pension funds and private equity for capital.
Read more...Elizabeth Warren Seeks to Cut Private Equity Down to Size
Elizabeth Warren’s bill to end private equity abuses targets a wide range of bad practices.
Read more...Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up
A post-mortem of a leveraged loan bust: private equity wins, too bad for everyone holding the bag.
Read more...Mr. Market and the Press Diss Deutsche Bank’s Turnaround Plan
A hard look at Deutsche’s restructuring plan reveals a lot not to like
Read more...Reforestation as a Solution for Carbon Capture: Hype and Reality
Advocates for reforestation must consider who owns the land to be reforested, and how the reforestation is to be done.
Read more...Private Equity and “Institutional” Investor Owned U.K. Utility Engaged in Massive Fraud, Regulatory Evasions, Worker Coercion, Caused “Catastrophic” Environmental Damage
Abuses like raw sewage on beaches and faking regulatory filings make a U.K. water utility a new low in privatization scandals.
Read more...CalPERS Admits It Is Nowhere on Its New Private Scheme After More Than Two Years
Why CalPERS’ private equity “new business model” dithering is looking an awful lot like Brexit.
Read more...Good Riddance to CalPERS’ Bill Slaton; Board Changes May (Finally) Lead to Staff Serving Beneficiaries, Not Its Own Interests
Why beneficiaries and California taxpayers should welcome Lisa Middleton replacing Bill Slaton on the CalPERS board.
Read more...Private Equity Investors’ Pockets Picked Even More With Increases in Carry Fees
More evidence that private equity is an exercise in separating fools from their money.
Read more...UK-Based Multinational Department Store Debenhams Collapses After 200 Years of Trading. Thank Private Equity
Debenhams follows the sad and well trodden path of retailers bought by private equity firms.
Read more...Memo to CalPERS: The Market Won’t Provide High Returns Just Because You Need Them
A professional fund manager describes why CalPERS’ private equity strategy is irrational.
Read more...Who’s Behind Trump’s Claim the Green New Deal Will Cost $100 Trillion?
President Trump’s claim that the Green New Deal would cost $100 trillion can be traced back to the Manhattan Institute, a think tank backed by fossil fuel investor Paul Singer and companies like ExxonMobil.
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