Tag: SEC
The Billionaire Behind Bannon’s Fake Chinese Embassy
Mogul’s bulletproof Manhattan mansion shields network of right-wing news and nonprofits.
The Billionaire Behind Bannon’s Fake Chinese Embassy (Archived)
Related:
Argentine Billionaire Warns Fernandez Against Closer China Ties
Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank
G Fashion Brand Owned by Chinese Billionaire Linked to Steve Bannon Shutters L.A. Operation
G Fashion Brand Owned by Chinese Billionaire Linked to Steve Bannon Shutters L.A. Operation
And despite Guo’s anti-China stance, in an outsourcing error, some products were manufactured there, including underwear and socks. A team had to be hired to cut “Made in China” tags out and sew in “Made in L.A.” tags in their place, sources said.
Another case of “vast fraud” in Israel’s ever-shady binary options industry
THE BIGGER SHORT
NYT Fails to Examine Its Participation in Brazil’s ‘Biggest Judicial Scandal’
The Brazilian Supreme Court on March 8 dismissed all charges against former President Luis Inacio “Lula” da Silva made during the Lava Jato investigation, a little over a month after the investigation was officially ended. The termination came shortly after the Supreme Court admitted 6 terabytes of leaked Telegram chats between public prosecutors and judges as evidence in the case.
NYT Fails to Examine Its Participation in Brazil’s ‘Biggest Judicial Scandal’
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.
You must be logged in to post a comment.