Author: Jeffamazon
Date Accessed: 31 January 2021
Publication Date: 8 September 2020
Publication Site: reddit
The REAL Greatest Short Burn of the Century
Month: January 2021
The NFL’s Covid-19 Finding That Saved the Season
Excerpt:
The NFL was slowly discovering something far deeper: a core tenet of Covid-19 transmission wisdom—how to define when individuals are in “close contact”—was just wrong.
The safety of interactions during this global pandemic had been for months measured by a stopwatch and a tape measure. The guidance was that someone had been exposed to the virus if they had been within six feet of an infected person for more than 15 minutes. It was drilled into everyone for so long it became coronavirus gospel.
But that wasn’t proving true during the NFL’s outbreaks. People were testing positive for the virus even though they had spent far less than 15 minutes or weren’t within six feet of an infectious person—and the league had the contact-tracing technology to prove it.
Authors: Andrew Beaton and Louise Radnofsky
Publication Date: 31 January 2021
Publication Site: Wall Street Journal
Mortality with Meep: Excess Mortality in California, Texas, and Florida by Race/Ethnicity
Link: https://marypatcampbell.substack.com/p/mortality-with-meep-excess-mortality-8e2
Excerpt:
For Hispanics, it’s two thirds, with most of it coming from California (23%), then Texas (21%), then Florida (10%). New York City accounts for 9%, and then the rest of New York state for 3%.
UPDATE: Checking out the Hispanic population by state, these percentages are a little in line with national distribution — California (26% of U.S. Hispanic population), Texas (19%), Florida (9%), New York (including NYC — 6%). The most disproportionate effect comes from New York City.
Graph:
Author: Mary Pat Campbell
Publication Date: 31 January 2021
Publication Site: STUMP
Mortality with Meep: Excess Mortality in New York and New York City
Link: https://marypatcampbell.substack.com/p/mortality-with-meep-excess-mortality
Excerpt:
For the data I have as of 27 January 2021, NYC mortality provides 9% of excess mortality for non-Hispanic Black people in the entire U.S. [8,638 excess deaths for Black people in NYC out of total 99,514 excess deaths for Black people in the entire country].
We get the same statistics for Hispanics in NYC: 97,725 excess deaths for the whole country, and 8,608 in NYC alone.
So excess deaths for these two groups have about 9% each coming just from NYC alone.
Graphic:
Author: Mary Pat Campbell
Publication Date: 30 January 2021
Publication Site: STUMP
Incentivizing Financial Regulators
Link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3072695
Abstract:
I study how promotion incentives within the public sector affect financial regulation. I assemble individual data for all SEC enforcement attorneys between 2002 and 2017, including enforcement cases, salaries, and ranks. Consistent with tournament model, attorneys with stronger promotion incentives are involved in more enforcement, especially against severe financial misconduct, and in tougher settlement terms. For identification, I rely on cross-sectional tests within offices and ranks and on exogenous variation in salaries resulting from a rule-based conversion to a new pay system. The findings highlight a novel link between incentives and regulation and show that the regulator’s organizational design affects securities markets.
Author: Joseph Kalmenovitz
Publication Date: 28 March 2019
Date Accessed: 30 January 2021
Publication Site: SSRN
NJ Active Update – September, 2020
Excerpt:
Based on state pension data updated through September, 2020 of active participants in the retirement system there are 384,802 jobs (including several employees with multiple jobs) making total annualized salaries of $26,265,086,726. Of those there are 70 making over $250,000 annually (including several with multiple jobs)
Author: John Bury
Publication Date: 29 January 2021
Publication Site: Burypensions
Even if underfunded lawmaker pension system ends, taxpayers still on the hook for $320 million
Excerpt:
The Illinois General Assembly Retirement System, or GARS, is only 16 percent funded.
This could be the year lawmakers end it, but that will come with a cost to taxpayers.
Some incoming state lawmakers are opting out of the underfunded pension system for Illinois legislators.
Author: Greg Bishop
Publication Date: 29 January 2021
Publication Site: The Center Square
Chicago Public Schools’ yield penalties hit fresh low
Excerpt:
Investors on the hunt for yield with few pickings scooped up Chicago Public Schools? junk paper Wednesday driving down the district?s yield penalties paid in the primary market to their lowest in years.
The 10-year in the $560 million sale that marked the Chicago Board of Education?s first COVID-19 era sale settled at a yield of 1.94%, a 117 basis point spread to the Municipal Market Data?s AAA benchmark.
The BBB benchmark was at an 89 basis point spread Thursday. The new-money and refunding bonds carried one investment grade rating and two speculative grade ones and while high yield investors snapped up the paper, Alliance Bernstein?s high impact social fund shunned the transaction. The fund said the district has failed to provide sufficient evidence it?s protecting students from in-school sexual misconduct in the aftermath of a scandal that drew a rebuke from the U.S. Department of Education.
Author: Yvette Shields
Publication Date: 29 January 2021
Publication Site: Fidelity Fixed Income
A Snapshot of NYSLRS Retirees
Graphic:
Publication Date: 20 January 2021
Date Accessed: 30 January 2021
Publication Site: New York Retirement News
COVID-19: Newly Revealed Virus Map Shows Worst Hotspots In Nation
Excerpt:
Three states have emerged as national hotspots for the spread of the COVID-19 virus, according to new data.
When new COVID-19 incident rates per 100,000 people were compared nationally, Arizona, South Carolina, and California were revealed to be the states with the highest risk for the transmission of COVID-19.
Graphic:
Author: Kristin Palpini
Publication Date: 30 January 2021
Publication Site: North Salem Daily Voice
COVID-19: Children’s Trips To ER For Mental Health Treatment Skyrocket
Excerpt:
The number of children’s visits to hospital emergency rooms for mental health treatment has increased by 24-31 percent since the start of the pandemic, according to the Centers for Disease Control and Prevention (CDC).
Author: Kristin Palpini
Publication Date: 30 January 2021
Publication Site: North Salem Daily Voice
COVID-19 Community Profile Report
Link: https://beta.healthdata.gov/National/COVID-19-Community-Profile-Report/gqxm-d9w9
Example Graphic:
Date Accessed: 30 January 2021
Publication Site: Healthdata.gov