Chriss Street Jun 15, 2026 California Public Employee Retirement System (CalPERS) as largest U.S. public pension plan with $563 billion under management, just disclosed that its recent amazingly high reported investment performance came from concentrating 21% of all pension assets in potentially dicey “private equity.” CalPERS has a long history of private equity (PE) investment scandals. From 2009 to 2015, board member Alfred Villalobos and CalPERS CEO Federico Buenrostro split tens of...

Professor Karl Manheim and Adjunct Professors John Caragozian and Don Warner discuss the history of the California state constitution and how it led to the mess the state faces today.

Chriss Street May 08, 2026 New York Times is screeching that Trump can’t negotiate ending the Iran War and opening the Hormuz Strait. Despite earlier Times’ claims that Trump would fail in Venezuela, his ‘Art of the Deal’ negotiating flipped America’s multi-decade enemy into a massive oil boom led by the U.S. President Trump’s ‘Art of the Deal’ book featured an 11-point negotiating strategy that emphasized three key strategic moves to maximize real estate development or world domination:...