PERS IAP Accounts – Too Much Politics? Disclosure Lessons from Oregon Secretary of State Dennis Richardson

See prior September 18. 2017 blog post  for important background regarding PERS adoption of age weighted IAP accounts. Once again, it appears that younger workers are being short changed by PERS in the adoption of age weighted IAP accounts.  Remarkably, there was no opportunity for public discussion on vendor selection or strategy regarding how the … Continue reading PERS IAP Accounts – Too Much Politics? Disclosure Lessons from Oregon Secretary of State Dennis Richardson

Is Patient Health Being Mortgaged via Derivatives as Homes Were During the Financial Crisis?

    Senator McConnell's Dilemma:   To Serve Patients or Investors? When evaluating health care investments it is important to analyze the structure of leading drug and medical equipment companies.  A close look indeed reveals a derivative driven system in which private equity and hedge funds increase demand for drug payments by purchasing the rights … Continue reading Is Patient Health Being Mortgaged via Derivatives as Homes Were During the Financial Crisis?

Private Equity and Hedge Funds Employ Enron’s Tricks to Manipulate Health Care Grid

Disclsoure and Media Development Background:  Parish & Company maintains no speculative investments in the health care companies discussed and does not collaborate with any private equity or hedge funds.  It's goal is to identify high quality health care opportunities suitable for long term oriented investment. This effort includes providing high quality news material to leading … Continue reading Private Equity and Hedge Funds Employ Enron’s Tricks to Manipulate Health Care Grid

Oregon PERS Approves $400 Million Investment in Stonepeak Infrastructure Fund

Today Oregon PERS approved a $400 million investment in Stonepeak, a firm that invests in "infrastructure projects." In his presentation Stonepeak's managing director Michael Dorrell noted their strategy is to invest in "essential infrastructure assets with an economic monopoly, much like an airport."  This includes water, power plants, transportation and telecom with a focus "outside … Continue reading Oregon PERS Approves $400 Million Investment in Stonepeak Infrastructure Fund

Sovereign Apartment Forced Eviction Highlights Tax Inequity

In late 2014 the tax exempt Oregon Historical Society sold the Sovereign Apartment building, after owning it more than 30 years.  The Society maintains an outstanding board of directors and this was clearly a difficult decision. As part of the sale the society negotiated a long-term lease for itself yet its 44 tenants were last … Continue reading Sovereign Apartment Forced Eviction Highlights Tax Inequity

Blackstone’s Tony James and Renaissance Technologies Jim Simons, Top Financial Engineers, Back Hillary Clinton Campaign

Disclosure:  This post is the first of several regarding the 2016 Presidential candidates.  One post will be done on each major candidate and the focus will be their primary financial backers and their respective foundations.  Bill Parish maintains no ties to any candidate nor does he have knowledge of any client owning positions in private … Continue reading Blackstone’s Tony James and Renaissance Technologies Jim Simons, Top Financial Engineers, Back Hillary Clinton Campaign

Intel Q4 2013 Earnings – Time to Fix Pension Plan

Disclosure:  Intel is currently the largest single individual equity holding in both my personal and most of my clients' portfolios.   No shares will be recommended for sale based upon this original research. Intel CEO Brian Krzanich The purpose of this post, which will be accompanied with an email directly to top management, is to … Continue reading Intel Q4 2013 Earnings – Time to Fix Pension Plan

The Oregonian Reports on Valuation Concerns Regarding PERS Private Equity Investments

In a front page story Sunday May 20, 2012, Ted Sickinger of the Oregonian provided a detailed review of private equity valuation concerns.  This portfolio of opaque investments has grown substantially and poses unique risks to Oregonian PERS participants.  In his article, Sickinger notes this analysis is based upon original Parish & Company research. Although … Continue reading The Oregonian Reports on Valuation Concerns Regarding PERS Private Equity Investments