Category: Forensics

State pension funds are significantly magnifying risk and manipulating their expected rates of returns in order to reduce massive shortfalls between actual pension funds on-hand and expected pension liabilities to their...

A trillion dollar gap exists between states’ pension and health care promises to their current and future retirees and the funds on hand to pay for these liabilities. Taxpayers have, for decades, been induced into...

Local governments and real estate trade groups acknowledge that they are extremely worried about the inevitable withdrawal of federal assistance from the US housing markets. The New York Times, reports here, that cities hit...

Scott Rothstein’s mess appears to deepen, as the largest Ponzi scheme ever attributed to a US lawyer increasingly appears to involve the law firm partners. The wreckage of the law firm appears to have ensnared many of the...

Housing has been in a death spiral for a few years, and the latest evidence suggests that government support is the only thing keeping the housing market from complete collapse. Facts are facts, and the fact that housing has...

Republicans have prevailed in their efforts to rein-in future spending, as deficit-saddled US governments will find it nearly impossible to increase spending for at least the next 10 years. The New York Times reports, here, that...