Category: Politics
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Bao Fan did everything right. Despite being one of China’s top tech investors, Bao kept a low profile and hewed to the Communist Party line. Then, he disappeared. Get the blog before anyone else…subscribe! From an article out this morning in The New York Times: …on Valentine’s Day last week,…
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Let’s say I come to you asking for a raise. “Sorry Francis, we’re tapped out for the year.” I could leave — if only I didn’t sign that noncompete. Get the blog before anyone else…subscribe! Noncompete agreements restrict a worker from starting or working for a competing company for a…
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Russia’s best tech talent is fleeing the country. Pushed out by a draft for the war in Ukraine, nearly a quarter of the nation’s best developers have left, according to a report in The New Scientist: Get the blog before anyone else…subscribe! These engineers are the key to dominating the…
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Chinese homebuyers are refusing to pay their mortgages in a boycott that’s spreading across the country. Many fear the homes they’re paying for will never be finished. Now, suppliers to builders are also defaulting on loans. Get the blog before anyone else…subscribe! From ABC News Australia: A fast-growing mortgage boycott…
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Former Congressman Stephen Buyer was arrested today for insider trading. From Politico: Federal authorities filed criminal and civil insider trading charges against former Rep. Stephen Buyer in U.S. court in Manhattan on Monday, alleging that the Indiana Republican used information gleaned from a golf outing with a T-Mobile executive to…
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It was supposed to be a safe investment. In small offices across the country, brokers sold a security called L Bonds. The bonds were backed by life insurance policies and were supposed to provide a steady stream of income. Many buyers were elderly. Now they’re facing catastrophic losses of up…
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+ AMC, Crime, Finance, Gamestop, Investing, Money, Reddit, Retirees, Retirement, Stock Market, Stocks, Wallstreetbets+
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A man walks in a remote field. From a place he cannot even see, a quiet drone takes off. It’s headed his way. This drone was made by Anduril Industries and this time, it just watched. But it can do a lot more. These powerful craft can fly at 80…
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Never miss a post…subscribe! Citadel made a major loan to a Chinese surveillance company in 2006. This shadowy company, which doesn’t even appear to have a website, has sold surveillance equipment to China’s Communist government. From a new report from Crain’s Chicago Business: …in 2006, Citadel loaned $110 million to…
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+ CCP, China, Citadel, Communism, Finance, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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Hi everyone! I got a late call time on the movie I’m shooting today, so I wound up having time to chat with you guys after all! And I’ve got an interesting one for you today. Billionaire hedge fund manager Kenneth Griffin has given hundreds of millions of dollars to…
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+ Citadel, Finance, Hedge Fund, Illinois, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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Tremendous 