Attn @kanejim.bsky.social
@martyleary
Union research guy (he, him) with unsolicited opinions about financial reform, asset managers, commercial real estate, private equity, antitrust, insurance (lack of) regulation, and the financial elite’s acquiescence to (symbiosis with?) fascism, etc.
Attn @kanejim.bsky.social
Gulf states to US capitalist class: It would be a shame if we had to divest from all your trophy office buildings and data centers.
giftarticle.ft.com/giftarticle/...
Gulf states could review overseas investments to ease financial strains caused by Iran war
Cue the tiny violins
Wealthy Dubai residents race back to UAE to avoid tax bills
giftarticle.ft.com/giftarticle/...
Oh dear! Private credit funds reeling from redemptions.
In unrelated news, apparently now would be a perfect time to let mutual fund companies load up our 401-Ks with illiquid private credit
Blackstone flagship private credit fund hit with wave of redemptions
giftarticle.ft.com/giftarticle/...
www.bloomberg.com/opinion/arti...
Get out your tiny violins for the hedgies marooned in their besieged tax haven.
LOL First they came for the credit card companies…
#billionairepopulism
www.risk.net/risk-managem...
You cannot talk like this about any other minority in America.
And if it was any other president’s adviser who said something like this about any other minority, it’d be the instant end of their presidency.
Eat the rich
"Today, the Brazilian Supreme Court announced that they had convicted the masterminds behind the assassination of socialist Rio de Janeiro City Councilwoman Marielle Franco guilty on all counts."
massive news in Brazil today, writeup by @mikeelk.bsky.social
paydayreport.com/rio-police-c...
Turns out there’s an economic cost to everyone hating us.
Twin Cities Unions Planning 'Largest US Rent Strike in 100+ Years' as ICE Occupation Drives Eviction Crisis
#ICEOUT #FDT #Rent #Eviction #MN #ICEOUTNOW
www.commondreams.org/news/minneso...
Also, now would be a good time to let our 401-K managers load up on this crap
Wait, you mean the pension funds that put billions of our retirement funds into illiquid private loans to junk-rated portfolio companies of over-leveraged PE funds now can’t get our money out? Who could have predicted that?
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Isn’t that what prediction markets are for?
Seeing these two headlines back-to-back, I was begin to wonder if I’d stepped in a time warp and teleported back to 1979.
#OtD 12 Feb 1968 the Memphis sanitation strike by Black workers began in protest against mistreatment, discrimination, dangerous working conditions, and the recent deaths of two workers. Held out until April and won. More about this strike wave here: workingclasshistory.com/podcast/e99-...
I mean what could possibly go wrong
Because self-regulation always works for everything no exceptions especially with respect to asset managers raking in fees by investing other people’s money in untested, illiquid financial products
I cannot recommend this book enough. @shaunrichman.org knocked it out of the park.
LOL “Some 96% of city business executives indicated they are confident in their company’s growth prospects this year, up from 90% in 2025, a new study from KPMG found.”
Are these the same NYC business leaders who predicted a mass exodus of businesses and jobs if the socialist hordes took Manhattan?
www.costar.com/article/3431...
McKinsey has a rainy day fund of $20b? That’s a good start on reparations!
Get yourself a good union and speak your mind.
LET’S GOOOOOO
Lord help us
giftarticle.ft.com/giftarticle/... Kevin Warsh channels Alan Greenspan in AI productivity bet
insisting on calling every mass day of protest or one-day boycott a "general strike" is not the move. it's good to see people rallying around the cause, it matters, but if you want to be part of a large-scale labor action that shuts down the gears of capital, start by unionizing your workplace!!!
“Now ‘we’re seeing both indiscriminate and retaliatory audits,’ said Webster. ‘That’s the upshot of having 3,000 ICE officers in town.’”