If advisors have biases, how can customers vet advisors? Hard enough to vet technical competence. https://www.theglobeandmail.com/investing/article-financial-professionals-just-as-susceptible-to-behavioural-biases-as/
While some would say there is less systemic risk with CLOs tbe interconnection between private equity, CLOs and the real economy is staggering. 65% of leveraged loans are funded by CLOs. From pensions invested in PE to the millions of real jobs connected to PE owned firms to bank exposure, CLOs may present MORE systemic …
The Guardian view on Bangladesh: when charity goes wrong https://www.theguardian.com/commentisfree/2019/jan/21/the-guardian-view-on-bangladesh-when-charity-goes-wrong?CMP=Share_AndroidApp_WordPress
https://leftfootforward.org/2018/12/prem-sikka-unpicking-the-city-of-londons-new-finance-sector-propaganda/
Axe personal allowance and pay everyone £48 a week, says thinktank Could Universal Basic Income be coming to England? https://www.theguardian.com/politics/2019/mar/11/scrap-tax-free-personal-allowance-and-pay-everyone-48-a-week?CMP=Share_AndroidApp_WordPress
What These Medical Journals Don’t Reveal: Top Doctors’ Ties to Industry This research proves that the unholy trinity of health companies, researchers and medical journals is alive and well. @TheLancet @JAMA_current #research #Medical #healthcare @NHSuk https://nyti.ms/2G8UXvq
Macron Takes On France’s Labor Code, 100 Years in the Making https://nyti.ms/2si1KF
There is no question, in my mind, that Vice President Mike Pence wrote the NY Times letter. I believe Pence is the author based on three factors: 1) Words and themes: The writer said that the most critical problem was Trump’s amorality. “The root of the problem is the president’s amorality.” Pence would likely be …