Finance in the Dark | Lenore Palladino | Finance in the Dark
An opaque sector is reshaping the US. Only ambitious regulatory reform can check its power.
I wrote about how unregulated finance is now just, well, finance for @phenomenalworld.bsky.social
the center of gravity in finance has completely shifted & our mental models & policymaking approaches need to catch up
www.phenomenalworld.org/analysis/fin...
20.02.2026 19:07 β π 36 π 22 π¬ 1 π 0
QuΓ©bec-based public pension fund La Caisse announced last Tuesday the renewal of its AI Expertise Program to encourage companies in the province to adopt artificial intelligence to improve growth and productivity.
La Caisse will partner with Voobanβan AI services firm and portfolio company of the fundβto help develop customized support for companies to adopt AI in their operations.
According to a spokesperson for the fund, while its portfolio companies are eligible for the program, it is designed to support La Caisseβs dual mandate: achieving optimal long-term returns and contributing to economic development in QuΓ©bec. The program was opened to eligible companies last year. Approximately 20 companies from a broad range of sectors participated in the first cohort.
π
www.ai-cio.com/news/la-cais...
20.02.2026 16:08 β π 1 π 2 π¬ 1 π 0
Computer Simulations in Science (Stanford Encyclopedia of Philosophy)
π¨ Our Stanford Encyclopedia of Philosophy entry on Computer Simulations in Science is now live. It was a lot of work but Iβm proud of this substantial update. I hope it helps those in #philsci interested in the philosophical implications of computational methods.
plato.stanford.edu/entries/simu...
20.02.2026 16:08 β π 22 π 6 π¬ 0 π 0
Very excited to share the US cover for my first book, THE ASSET CLASS, which publishes on 9 April (UK) and 23 June (US). I wanted it to feel more like a spy thriller than a business book, so it's full of darkly compelling characters and unexpected twistsβ¦
20.02.2026 12:12 β π 32 π 1 π¬ 3 π 1
Hard to overstate how certain we can be that this is, in fact, going to end badly.
@robinwigglesworth.ft.com on the gutting of the SEC.
www.ft.com/content/b5d9...
20.02.2026 18:27 β π 40 π 13 π¬ 0 π 2
private credit funds: why sell to outsiders when you can just sell to yourself
(*cough cough* & private equity too *secondary funds*)
it's almost as if the whole goal is to make money by moving money around
20.02.2026 14:47 β π 4 π 2 π¬ 0 π 0
It's right at the bottom of the story, but important to note as Simons's entire claim rests upon allegation of material being hacked, not leaked: "Holden recently showed the Guardian his source materials, which indicate the story was based on files leaked from the Labour party by whistleblowers."
20.02.2026 12:04 β π 63 π 32 π¬ 3 π 1
It is notable that Andrew has been arrested for "misconduct in public office", which is precisely what the US Supreme Court decided no American president can ever be charged with.
19.02.2026 12:22 β π 3260 π 1025 π¬ 34 π 14
Kent County Council latest:
Seven KCC councillors have defected to Rupert Lowe's Restore Britain tonight.
They are Paul Thomas, Brian Black, Oliver Bradshaw, Maxine Fothergill, Isabella Kemp, Robert Ford, and Dean Burns.
Most had already been kicked out of Reform, with the exception of Burns.
17.02.2026 22:05 β π 98 π 41 π¬ 11 π 20
Todayβs labour market statistics show that the UKβs unemployment problem is growing, with youth unemployment at its highest rate in over a decade. Hereβs our @resolutionfoundation.org thread, from me and @louisemurphy.bsky.social :
17.02.2026 10:05 β π 4 π 5 π¬ 1 π 2
UK think-tank close to Labour paid firm to identify source of leaks to media
Labour Together, previously run by Downing Street chief of staff Morgan McSweeney, commissioned APCO Worldwide
this is such a weird story:
An influential Labour-aligned think-tank previously run by Morgan McSweeney, now Sir Keir Starmerβs chief of staff, paid a public affairs company to identify the source of leaks to journalists about the groupβs funding.
www.ft.com/content/dca0...
05.02.2026 23:19 β π 208 π 71 π¬ 18 π 3
Labour activists paid for smear campaign against journalists
Labour Together, the group that helped make Keir Starmer leader, hired lobbyists who falsely suggested reporters were linked to Russia
Very good story from @manumidolo.bsky.social with shocking details of how top ST hack Gabriel Pogrund was targeted.
I have spent the week arguing with Josh Simonsβs aides how a contract to investigate the sourcing of an article obviously targets the journalists - they disagreed.
14.02.2026 22:04 β π 25 π 13 π¬ 3 π 1
Even after the UK phased out coal power, pension schemes are still financing coal overseas. This risks saversβ money and the climate β which is why peers are calling for stronger Government action via the Pension Schemes Bill.
π filab.uk/4rUMbU1
13.02.2026 14:22 β π 2 π 2 π¬ 0 π 0
Two weeks ago, Peter Mandelson told us he had no recollection of planning to buy a Β£2m apartment in Rio via a Panama holding company and a Brazilian company.
Yesterday we found notarised incorporation documents for the Brazilian company, with Mr Mandelson's signature.
13.02.2026 13:06 β π 748 π 334 π¬ 43 π 36
Can Mandelson be prosecuted?
Weβve discussed the law and the evidence with leading lawyers. The bottom line: "misconduct in public office" is the only viable route.
The law is messy and proving intent is hard - but we believe there is a realistic prospect of conviction.
π§΅:
11.02.2026 14:55 β π 147 π 61 π¬ 11 π 8
Screenshot of a home office tweet
If the PM reckons Jim Ratcliffe should apologise for spreading this exact same lie, should the Home Office apologise too, or? π€¨
12.02.2026 09:29 β π 1200 π 439 π¬ 65 π 31
Why are fertility rates collapsing? Gender roles
A big part of female graduatesβ decision to have children depends on how they expect their husbands to behave
βGender norms will need to be even more equalβ
Goodness. Almost doesnβt seem possible ππ giftarticle.ft.com/giftarticle/... Why are fertility rates collapsing? Gender roles
11.02.2026 09:25 β π 0 π 0 π¬ 0 π 0
No, Jeffrey Epstein didnβt trigger the 2008 subprime meltdown
A Bear Stearns mystery solved
One of the enduring legends surrounding Jeffrey Epstein is that he inadvertently knocked over the first domino in the subprime meltdown.
But the Epstein files show the accepted history around his Bear Stearns fund stakes isn't true. The real story is nearly as wild, tho: www.ft.com/content/6901...
10.02.2026 10:06 β π 36 π 12 π¬ 6 π 0
About the University
Bangor is a truly great university - one of our best. It's got a fantastic student experience and wonderful teaching. Anyone would be proud to go there. (1/2)
www.bangor.ac.uk/about/about-...
10.02.2026 11:54 β π 49 π 10 π¬ 2 π 1
Keir Starmer must lead βmoment of changeβ after Labour turmoil, says Ed Miliband
Minister calls for partyβs briefing wars to end as MPs rally around βliberatedβ prime minister after speech in parliament
Think this intervention from Miliband is quite a big deal. It's clearly a call for a wider reset of the whole government approach - including on the economy. Comes after the Tribune group last night called for a reshuffle and broader church.
www.theguardian.com/politics/202...
10.02.2026 12:02 β π 120 π 28 π¬ 17 π 3
Chart showing number of electricity and gas accounts in arrears
Over the past decade arrears on energy bills have soared: the number of energy accounts behind on payments now totals over 1.6 million for gas and nearly 2 million for electricity. The average amount owed has roughly doubled since 2022.
The Government should prioritise bringing down energy bills by moving more of the cost of government policy into general taxation.
Read Unsung Britain now β€΅οΈ buff.ly/7WcqrbQ
10.02.2026 12:05 β π 10 π 4 π¬ 0 π 0
Still remember being publicly criticised by the then head of REF for writing a column saying that the REF was a form of collective punishment that the university sector imposes on itself. I think the room was with me though.
10.02.2026 10:21 β π 54 π 7 π¬ 5 π 0
NEW: McSweeney allies suggest he carried can for Starmer over Mandelson decision. They say it was wrong to suggest he pushed for appointment, and was careful to ensure others shared views, which were unanimous. βHe gave his advice, but thatβs all it was. Keir made the decision.β
08.02.2026 16:43 β π 102 π 20 π¬ 73 π 32
My 2026 Japanese general election thread starts here. We're now less than a half hour to polls closing.
08.02.2026 10:35 β π 194 π 55 π¬ 3 π 5
One Whitehall official said there were robust processes in place to ensure that government contracts are awarded fairly and transparently.
That Β£240m contract Palantir won after Peter Mandelson took Keir Starmer to visit them? Government asserts "there were robust processes in place to ensure that government contracts are awarded fairly and transparently" but the award notice says it was a "directed award", ie without any competition.
07.02.2026 09:45 β π 636 π 362 π¬ 52 π 34
Hold on, as part of the Mandelson debacle, we just found out the hollowness of the βbond vigilanteβ narrative β Mandelson and Dimon against Darling, remember? Donβt try and pull this one on us now.
07.02.2026 09:37 β π 44 π 22 π¬ 3 π 1
Are they particularly warning of chaos⦠with Ed Milliband?!
07.02.2026 09:24 β π 25 π 1 π¬ 2 π 0
Starmer camp warns leadership challenge risks economic chaos
Investors also signal concern at prospect of a more leftwing government
Hhhmmm.
Canβt see any of the likely successors making *major* changes to borrowing. You might get more taxes & more spending.
And donβt rule out a more pro-growth attitude to immigration.
www.ft.com/content/c855... Starmer camp warns leadership challenge risks economic chaos
07.02.2026 09:08 β π 44 π 14 π¬ 6 π 12
Raise taxes, repair the country. Inspired by joy, sobriety, Marcel Duchamp, Kelis, Mata Hari, and those hallucinations I used to have.
Economist at Resolution Foundation
The Finance Innovation Lab builds power to transform the financial system for people and planet.
Just a vibe, you know?
From the UK, jetzt in Deutschland.
Used to wrangle code, coders, and customers for a living. Now just for fun.
Interested in complex systems and how they fail us. Oh, and jokes.
Green Party Leader (England & Wales)
London Assembly Member.
Chair of London's Fire Committee.
π³οΈβπ
https://podcasts.apple.com/podcast/id1837201724?i=1000724643828
Adjunct Professor, Director, Financialization Research Lab, Institute of Political Economy, Carleton University | Pensions | Privatization
A research unit based at the Institute of Political Economy, Carleton University (Ottawa)
https://carleton.ca/financializationlab
The Society for the Advancement of Socio-Economics (SASE), founded by Amitai Etzioni in 1989, is an international, interdisciplinary organization with members across 50 countries.
2026 Conference in Bordeaux π«π·
Economic Geography Specialty Group (EGSG) of the American Association of Geographers.
junior researcher @sfb294 "Structural Change of Property" and
@tuda.bsky.social | sociology, sts and finance | (he/him) | currently researching the assetization of rental housing
Political Economy at the University of Sydney
Professor @ Cambridge Uni, Deputy Director UK in a Changing Europe @ukandeu.bsky.social. Economics,trade and politics of finance led development. Views my own.
Associate Prof. | Political economy, industrial policy, finance and development | PI: Governing Private Debt | Writing a book on Space policy for Verso Books π π°
Views: my own
Economic geographer in Swansea, Wales
Economic geographer | Asst Prof at CSEAS, Kyoto University l energy transition, mining, finance
Research Fellow researching finance from a critical perspective. Financialisation in post-socialist contexts - China and Eastern Europe. Climate, Impact Finance, Longevity Finance.
Leading international journal dedicated to the systematic exploration of IPE from a plurality of perspectives.
Economic Sociologist | Co-created Local Climate Bonds - raised +Β£30M for #netzero projects so far | Now researching social relations of retrofit | Deputy Head of School @sspatleeds.bsky.social | First-Gen | Views mine
Read Vulture Capitalism β¬οΈ
https://linktr.ee/Grace.blakeley