It may be the most wonderful time of the year but it’s also…Q4 layoff time. The latest: Goldman Sachs is
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Why did Elon Musk buy Twitter? Maybe to sell his cars
There are a bunch of competing meta-theories of what Elon Musk is up to with, you know, Twitter Inc., all this.
Continue readingHawkish Fed, untamed inflation
As widely expected, the Federal Open Market Committee increased its policy rate by 50 basis points to 4.25%-4.50% on Wednesday,
Continue readingSome bad news about Elon Musk
The New York Times reports that Elon Musk’s cunning strategy for cutting costs at Twitter Inc. consists of not paying the bills? To
Continue readingSBF behind bars, finally
Sam Bankman-Fried’s fall from grace could end with some jail time. The founder and former CEO of FTX has been
Continue readingElon vs. Twitter
The basic situation is that Elon Musk is more or less the richest person in the world, and he owns
Continue readingCrypto financial crisis
Apparently the way it works is that if you blow up a big crypto firm, you have to sit in your
Continue readingTech: Dot-com bubble all over again
The last time the tech sector faced the kind of financial reckoning it’s undergoing now, the Backstreet Boys dominated MTV
Continue readingLessons learnt from FTX
The story that is emerging about the collapse of Sam Bankman-Fried’s crypto exchange, FTX, and its affiliated trading firm, Alameda Research, is
Continue readingProfit by shorting FTX? Not so fast
Imagine that you thought in early 2008 that subprime mortgages would be trouble, so you bought a large credit default
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