I just heard Dan Rather and then John Nichols (writer for the Nation magazine) speak, and Bob Kuttner (editor of the American Prospect) is up next. Rather gave an impassioned speech on the profound failures of the corporate media--familiar material to progressive blogger-types, but still striking coming from the mouth of a former network news anchor. I considered asking "Didn't Chomsky cover all this twenty years ago?" But I decided not to ask him such a harsh question after, towards the end of his talk, he started sobbing while describing the scene the media has rarely shown --that of soldiers coming back from Iraq in caskets.
CalPERS, CalSTRS, Other Investors Have Indemnified Private Equity Criminal Conduct Even Though Fiduciary Counsels Say No - CalPERS board member JJ Jelincic confirms yet another major lapse by private equity investors.