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Naked Capitalism

  1. naked capitalism
    Wolf in the Henhouse: California’s Multibillion-Dollar Private-Equity BoondoggleAs public pensions across the U.S. rot from the inside, California’s influential CalPERS fund wants to set up a sketchy new business model.
    By Yves Smith
  2. naked capitalism
    Uber Is Headed for a CrashThe company just posted another quarter of jaw-dropping losses. How much is hype and how much is real?
    By Yves Smith
  3. naked capitalism
    Fake ‘Unicorns’ Are Running Roughshod Over the Venture Capital IndustryA study finding that venture capital-backed companies are pervasively overvalued might be an existential threat to the venture capital industry.
    By Yves Smith
  4. naked capitalism
    We’re Headed for a Brexit CrashoutWe’re on a path to the worst sort of Brexit: no plan, no transition period, and a U.K. financial crisis for which we’re totally unprepared.
    By Yves Smith
  5. 2008
    Naked Capitalism’s Yves Smith on Why We Didn’t See the 2008 Crash Coming“People forget how petrified everybody was at the time.”
    By Noah Kulwin