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Liquor, Ladies, and Leverage
Together with Good Morning, Fortress' co-founder was extorted for $1B by a Chinese situationship, Greenlight's founder wants ladies in 'sexy party clothes' for his hedge fund's 30-year anniversary party, Broadcom is in talks for the biggest private credit deal ever, and US rejected Iran's latest peace offer. On a totally unrelated note, here's a thoughtful …
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Crypto Jobs Flood Wall Street
Wall Street firms post dozens of crypto jobs
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Time to run it back
Together with Good Morning, The stock market rebound is the most concentrated ever, hedge funds had their month since Covid, merger arbitrage funds are avoiding bets on eBay, oil market liquidity is drying up rapidly, UAE is sneaking oil tankers through the Strait of Hormuz, and a new global pandemic is brewing. Transform your sleep …
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Coinbase Jobs Slashed for AI
Coinbase cuts 14% of workforce in AI shift
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Musk Puts Altman on High Alert
Together with Good Morning, DOJ charged 30 elite M&A lawyers for a feeding a massive decade-long insider trading ring, Anthropic partnered with SpaceX to take on OpenAI, Lutnick doesn't remember why he took his family to Epstein island, and the JPMorgan 'sex slave' lawsuit took a new turn. Last year, Blackstone earned $60k in rewards …
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Mamdani Sells Miami
Together with Good Morning, Larry Fink is predicting a futures market for compute, US investment banks are surging past European peers, Jamie Dimon downplayed AI bubble fears, Goldman expanded its management committee to 47, and Ken Griffin torched Mamdani for his 'creepy' antics and anti-success policies. Wharton Online and Wall Street Prep teamed up to …
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World Liberty Sues Justin Sun
Trump-linked World Liberty sues Justin Sun for defamation
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Half Cash, Half Stock
Together with Good Morning, Chirayu Rana re-filed his 'sex slave' lawsuit with witness statements, OpenAI president Greg Brockman's diary exposed some serious hypocrisy* against Musk, and GameStop CEO Ryan Cohen had the most awkward response to being asked about how he intends to finance the $56B eBay offer. *Hypocrisy = $30B in magical personal wealth …
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Iran Regime’s Crypto Exchange
Iranian crypto exchange founded by sons of family tied to supreme leaders
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Always with us in spirit
Together with Good Morning, Musk's Tesla compensation hit $158B last year, Jane Street paid employees an average $2.7M last year, OpenAI's CFO pushed back on revenue concerns, Berkshire boosted its cash pile in its first quarter under new CEO Abel, and Spirit Airlines officially ceased all operations after years or struggles following blocked merger deals. …
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Senators Can’t Bet Anymore
Senate votes to ban senators from prediction markets
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Fabricated Drama in Dimon’s Arena
Together with Good Morning, Bill Ackman blamed retail investors for his weak IPO debut, Musk says he didn't read the 'fine print' about OpenAI becoming for-profit, Trump 'doesn't care' if J Pow stays on the Fed board, Amazon is in talks to reboot 'The Apprentice' with the Trump family. Also, Chirayu Rana was identified as …