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CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong

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CalPERS has abandoned the part of its private equity “new business model” that it tried to implement, a “fund of funds” scheme that we has criticized as likely to hurt returns and corrupt-looking how it was being implemented.

However, CalPERS has changed the spin but not the substance of what it is trying to do with its deliberately misrepresented part of its of its “new business model,” and has even gone from trying to depic...

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Anwaltskalender 2019 – jetzt gewinnen!

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Es ist schon Tradition im law blog: In der Vorweihnachtszeit verlosen wir unter allen Lesern den bekannten und beliebten Anwaltskalender des Karikaturisten wulkan. Auch dieses Jahr ist es wieder soweit. Es gibt insgesamt 10 Exemplare des Kalenders für das Jahr 2019 zu gewinnen. Wie, das steht weiter unten.

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Hundreds of Papa John’s stores could close: What retailers should takeaway

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Hundreds of Papa John’s stores could close: The takeaway for retailers

Store sales continue to be down about 10 percent since its founder's use of a racial slur in July

September 08, 2018 12:00PM
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Schlumberger expects divergence in the global oil industry

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Schlumberger, the world’s largest listed oilfield services group, has said it expects a divergence in the global oil industry this year between solid growth in most countries and “more uncertainty” for the outlook in North America.

The company set out its view of the coming year as it reported a 25 per cent drop in adjusted earnings per sh...

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US-China: farmers count cost of trade war 

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The final 230 miles of the Mississippi river have long reinforced American might in global food markets. Ten grain terminals tower like fortresses along its bends, receiving crops from upstream farms, banking them in concrete silos and sending them over the levees into the holds of foreign ships. Together they can export 500,000 tonnes a day.

Yet this year the autumn high season never...

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