Category: Politics
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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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Major news today as Politico reports Citadel LLC CEO Kenneth Griffin may spend up to $300 million in the next Illinois selection. He is determined to unseat Democratic Governor J.B. Pritzker and push a slate of conservative candidates: A source who spoke to Playbook about [political operative] Mike Z, also…
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New Jersey has an election tomorrow, pitting Democratic Governor Phil Murphy against Republican candidate Jack Ciattarelli. While researching who to vote for, I came across a startling piece of information. From NJ.com: Ciattarelli has vowed to cut $10 billion in spending from the budget. But he has not outlined what…
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If you’re a fellow New Jerseyan, you know a big election is coming up. We have the constant barrage of commercials and junk mail to prove it. Doing some research on the races today, I came across an interesting initiative Governor Phil Murphy recently passed. It’s called the NJ Innovation…
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After nearly 9 months, the Securities and Exchange Commission released its report on January’s meme stock mania yesterday. Their dramatic conclusion: There are many different types of investors, and they buy and sell stocks for many different reasons. Good thing we’re paying these guys, huh? The report is mostly a…
