Former House Speaker Nancy Pelosi probably won’t be fond of the legislation that Republican Sen. Josh Hawley of Missouri is cooking up.
GOP Senator Announces ‘PELOSI’ Act and While It Doesn’t Mention Nancy, It’ll Surely Infuriate Her
Tag: Investing
Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture
The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.
Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture
Grift Capitalism: The GOP’s Brilliant Strategy For Ripping Off Ordinary Americans
Peter Thiel helped build big tech. Now he wants to tear it all down.
Peter Thiel helped build big tech. Now he wants to tear it all down.
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Not mentioned—Luke Thompson was involved with Protect Ohio Values Super PAC:
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J.D. Vance and Peter Thiel Accused of ‘Secret Website’ Shenanigans
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GameStop Promoter Keith Gill Was No “Amateur” Trader; He Held Sophisticated Trading Licenses and Worked in the Finance Industry
While some hedge funds like Melvin Capital have reportedly lost billions in the short squeeze, other major players on Wall Street have made windfalls. Reuters is reporting that the giant asset manager, BlackRock, “owned about 9.2 million shares, or a roughly 13% stake, in GameStop as of Dec. 31, 2020,” and could have made upwards of $2.4 billion on the rise in the stock since the end of December. Gill also frequently mentioned on his YouTube videos Michael Burry’s long position in the stock as well as Ryan Cohen, whose RC Ventures held a 13 percent stake in GameStop.
Related:
‘Big Short’ investor Michael Burry made a 1,500% gain on GameStop during its Reddit-fueled rally
Along with Chewy cofounder Ryan Cohen, Burry has been agitating for changes at GameStop for a while. The Scion boss penned a letter to the company’s directors in August 2019, arguing the low stock price and massive short interest suggested a lack of faith in management, and calling for a massive share buy-back.
AOC, Pelosi Say Trade Bans by Robinhood on GameStop Stocks Warrant Inquiry
Art of the Deal v. Art of War. Who just won in the US-China trade war?
Total capitulation? Art of the Deal? There are actually some very interesting global dynamics at play and lessons to learn. First, to summarize, Trump announced a ‘Phase 1’ of trade deal with China. Moreover, to the dismay of many of his supporters who are virulently anti-China, he said the following: “There was a lot of…
— Read on worldaffairs.blog/2019/10/11/art-of-the-deal-v-art-of-war-who-just-won-in-the-us-china-trade-war/
White House weighs limits on U.S. portfolio flows into China
Among the options the Trump administration is considering: delisting Chinese companies from U.S. stock exchanges and limiting Americans’ exposure to the Chinese market through government pension funds.
Ms. Cat’s Chronicles 