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Cantor Fitzgerald CEO backs cryptocurrency Tether despite Hamas links
Cantor Fitzgerald, as the stablecoin’s issuer, manages “many many” of the crypto giant’s reported $86 billion in assets, according to Bloomberg.
Canada firm brazenly bets on cocaine getting legalized in US
Canada-based Safe Supply claims it’s on “the forefront of the third wave of drug policy reform” – and is lobbying for an end to the war on drugs and the...
Wall Street bonuses fall short of already-low expectations: 'Absolute s--t'
Finance-focused social-media account Litquidity has been barraged with junior bankers complaining that bonuses were a “bloodbath” and “across the board bad news.”
Zuckerberg to break silence on Harvard antisemitism with board endorsement
Tech investor Sam Lessin is slated to speak with Zuckerberg and his wife about the future of Harvard and why the Facebook founder is supporting Lessin’s bid.
Nikki Haley slated for a dozen fundraisers before South Carolina primary -- despite taking a hit in NH
For some hedge fund managers and venture capitalists, it's far more important to show their friends they tried to stop Trump than actually bet on a winning horse, sources add.
Shari Redstone banker's ties to Warren Buffett raise scrutiny as Paramount sale talks heat up
Warren Buffett, a longtime client of Byron Trott, also happens to be Paramount’s biggest shareholder.
Trump's Iowa victory may derail Melissa Holyoak's FTC bid
Melissa Holyoak’s already troubled bid for a seat at the FTC may get even more complicated following Donald Trump’s big win in Iowa, sources told On The Money.
Don Jr. claims dad's Iowa victory boosting 'patriot' companies — and tanking China stocks
“It is no surprise that the Chinese stock market is crashing after Trump’s massive primary win in Iowa,” Donald Trump Jr. told On The Money.
How buyout firms are boosting profits despite a lack of deals — and why investors should worry
Experts predict the vehicle could see the same kind of craze in the coming years that SPACs did in 2020 and 2021.
Finance guru Grant Cardone slaps former T-Mobile CEO with $100M defamation suit
According to the the value of Cardone’s brand has lately been slashed by “an amount believed to be no less than $100,000,000.00” because of Legere’s “false and defamatory statements.”
Goldman Sachs' exclusive — and bloated — 'management committee' of top bankers may get even bigger: insiders
“They’ve been telling everyone they’re going to do a shakeup of the MC for months,” a source said. “The problem is they’ve suggested to a large number of people they...
World Economic Forum ditches Greta Thunberg for Sam Altman in push toward AI: sources
The twin left-leaning initiatives of DEI and ESG have been at the forefront of the annual gathering in recent years.
Goldman CEO David Solomon plans paltry bonuses to nudge out laggards
With compensation slated to be announced the week after next, laggard employees are more likely to get a piddling year-end payout than a pink slip, according to sources close to...
Nancy Pelosi made a whopping 65% return on her investment portfolio in 2023, boosted by options
Pelosi wasn’t alone, with other options-happy members of Congress among the top-performing investors.
'Big Short' predictor clams up after doomsday prophecies never pan out: 'Mother of all crashes'
Some investors are guessing that Burry’s silence in recent months is an indication his numbers aren’t so good.
Activision execs weigh defamation suit after sex harass allegations dropped
The California Civil Rights Department had been investigating the company behind “Call of Duty'' and “Candy Crush” since 2021.
FTC nominee Holyoak could face fresh hurdle as critics blast weak Google settlement
The settlement, which Epic Games' CEO blasted as an “injustice to all Android users and developers,” could rankle Republicans who want an FTC nominee to be “appropriately skeptical of Big...
House probe into ESG violations expands to proxy advisors ISS and Glass Lewis
“Corporations are collectively adopting and imposing progressive environmental, social, and governance (ESG)-related goals," Jordan said in a letter explaining his concerns.
Morgan Stanley bankers hope new CEO ends fines in brutal texting clampdown
Insiders at Morgan Stanley describe a “witch-hunt” atmosphere since early 2022 when the probe was first announced.
Congress eyes elite universities' endowments amid antisemitism probe
As the congressional investigation into antisemitism on college campuses ramps up, sources say it is expected to end in proposals to limit or defund universities and tax their endowments.