come up with good scoops on the Epstein class?
theintercept.com/2025/11/14/e...
come up with good scoops on the Epstein class?
theintercept.com/2025/11/14/e...
The Finance Industry Is a Grift. Let’s Start Treating It That Way. www.nytimes.com/2026/02/06/o...
The Finance Industry Is a Grift. Let’s Start Treating It That Way. www.nytimes.com/2026/02/06/o...
too, of course. I’ll be writing my senators and congresspeople. www.nytimes.com/2026/01/30/o...
too, of course. I’ll be writing my senators and congresspeople. www.nytimes.com/2026/01/30/o...
DO YOU BELIEVE US NOW?
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
1) Post 2008, hedge funds are the source of market liquidity
2) Hedge funds have to unwind their positions/mitigate risk quickly when things go badly; "badly" includes periods of high volatility
4) Trump = volatility = no way to escape a liquidity crisis