Private Equity’s Profit Charade
Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
Latest news (Page 48)
New Year links, and a joke
A New Year's joke: First person: "Happy 2015!" Second person: "Don't you mean
Dear Dr. Dollar: The Airfare Mystery
Boston is 3,280 air miles from London, only 27% further than the 2,580 air miles from Boston to San Diego. So why does a flight from Boston to London cost more than twice as much as a flight from Boston to San Diego, 100% more, for the same dates? Is it just supply and demand? --Kathleen M. Gillesp
The ACA and America's Health-Care Mess
While it was enacted in 2010 without a single Republican vote, the Patient Protection and Affordable Care Act (ACA), a.
Going Postal
Review of The Public Bank Solution: From Austerity to Prosperity by Ellen Brown. Third Millenium Press, 2013.
Rakoff on "Willful Blindness" and other links
This and that before I leave town. (1) Judge Rakoff Excoriates Justice Dept. on Failure to Prosecute Banksters: * Jed S.
Illinois’s New Class-Based Pension Math
Having boxed themselves into a political dead-end by adopting the austerity agenda of the business community as represented by the
Detroit Bankruptcy and Pensions
I just posted a piece Katherine Sciacchitano wrote for us about pensions and Detroit's bankruptcy, The Pension-Busters'
New Issue! Plus links.
(1) New Issue! Our November/December 2013 issue is finally done (sent to the printers and to e-subscribers, anyhow). Here
Will the Chilean People Save the U.S. by Electing Michelle Bachelet?
For every one that doeth evil hateth the light, neither cometh to the light, lest his deeds should be reproved.
The Department of Justice’s Willful Blindness to the Willful Blindness of CEOs
.Cross-posted at New Economic Perspectives. The best thing that the Department of Justice (DOJ) could do immediately to restore faith