Financial-Extraction

Kentucky Governor Bevin Seizes Control of Pension Board Through Executive Order

2016-06-17 00:00:00 +0000 UTC | Importance: 7/10

Kentucky Governor Matt Bevin, a former hedge fund partner at Waycross Partners, issues an executive order abolishing the existing Kentucky Retirement Systems board of trustees and creating a new board that gives him authority to appoint 10 of 17 board members. The restructuring comes two months …

Matt Bevin Kentucky Retirement Systems Thomas K. Elliott Kentucky Legislature Andy Beshear institutional-capture pension-looting kentucky regulatory-capture executive-overreach +1 more

Greece Accepts Second Troika Bailout of €130 Billion with 53.5% Private Debt Haircut

2012-03-09 00:00:00 +0000 UTC | Importance: 8/10

The Eurogroup endorses Greece’s Second Economic Adjustment Programme, providing €130 billion through the European Financial Stability Facility (EFSF) mechanism along with approximately €12 billion from the IMF, running until June 2015. The EFSF ultimately disburses €141.8 billion total. …

European Financial Stability Facility International Monetary Fund European Central Bank Greek private creditors shock-doctrine imf austerity greece troika +2 more