Independent thinking for complex markets and current events
Senator Chris Murphy: A secret payment of at least 187 million dollars to Trump’s family, a payment of at least 31 million dollars to the family of Trump’s top Middle East advisor, and then soon after a gift of national security secrets to the UAE that up until those two secret… pic.twitter.com/3txWlrSK7g — Clash Report …
According to the report, SEC enforcement attorneys are “looking into whether the firm and some of its senior executives have exerted improper commercial influence on its ratings procedures, said the people, who asked not to be identified discussing the ongoing probe.” Officials in the agency’s complex financial instruments unit are involved in the investigation, the …
Financial Times has quietly toned down its claim of a $1.4 billion misstatement in Tesla’s cash flow. After speaking with accounting sources, the publication now reports a $500 million discrepancy—a number small enough to be explained by foreign exchange movement, asset write-offs, and other adjustments. Another overhyped financial hit piece against Tesla bites the dust. …
https://twitter.com/cryptobeastreal/status/1895112056044691536
A jaw-dropping discovery about USAID has emerged: nearly $500 million of taxpayer money funneled into a non-profit called Internews Network. This organization, led by Jeanne Bourgault, who takes home a $500k salary, claims to fight disinformation and train journalists. But the truth is far more sinister. Internews has trained 9,000 journalists across 4,291 media outlets …
Rudy Giuliani has filed for bankruptcy in New York with debts of $153 million owed to creditors including Hunter Biden. The former New York Mayor, who led the effort to challenge the 2020 election result on behalf of Donald Trump, said he had less than $10 million in assets. Last Friday, Giuliani was put on …
More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment owners living in Toplace buildings are concerned that nothing will be left over for them …