CalPERS Corruption Watch: Chief Investment Officer Ted Eliopoulos Takes Illegal Business Solicitations From Recent Employee

On the one hand, the latest public disclosure of misconduct by CalPERS executives and staff isn’t earthshaking. On the other, it was still significant enough to merit a Financial Times story. And it also illustrates a thumb-nosing attitude toward the law that has become a CalPERS trademark. In a Financial Times FundFire article, Ex-CalPERS Exec’s […]

Fragmented Health System Paves Way for CVS-Aetna Merger

UserFriendly recommended this Real News Network report, in which Bill Black gives a high-level view of how structural issues contribute to America’s inflated health care costs. AARON MATÉ: It’s The Real News. I’m Aaron Maté. In what is being called the biggest merger in the history of the health insurance industry, CVS is reportedly making […]

Paradise Papers Are the New Panama Papers

First came the Panama Papers, which revealed personal financial information about wealthy individuals and public officials that had previously been kept private. Now, the latest shitstorm to come from a hack of a law firm is the Paradise Papers: The International Consortium of Investigative Journalists received the world’s second biggest data leak, consisting of offshore financial… Read More The post Paradise Papers Are the New Panama Papers appeared first on The Big Picture.