THE LATEST ARTICLES
WALL STREET
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November 3, 2021
Apollo’s New Mission: Life After Leon
Apollo Global Management has long been identified with its co-founder Leon Black. Now his successor Marc Rowan is on a mission to change that narrative—pronto—and to make a killing in the process.
WALL STREET
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October 31, 2021
Trump’s SPAC Alchemy, Lloyd Blankfein’s Gap Year, and the Coming Crypto M&A Boom
Regarding the most pressing questions on Wall Street and in my inbox.
MEDIA
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October 27, 2021
Portrait of The Zaz as a Young Dealmaker
Decades before he christened the deal of the streaming age, David Zaslav cut his teeth under the tutelage of Jack Welch, Bob Wright and John Malone. The formative years of his career explain as much about the history of cable as they portend about the future of streaming.
MEDIA
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October 24, 2021
Inside the Trump Meme-SPAC Clown Car
As a business, the DWAC-TMTG merger is full of red flags: peripatetic sponsor, nonexistent product, outrageous valuation. But a mysterious bulk order, made just before the merger announcement sent the stock flying, may be the most telling market signal of all.
WALL STREET
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October 20, 2021
“As Good as It Gets”: Wall Street Eats Its Cake
A decade ago, Congress and the vox populi banded together to try to send Wall Street bankers to the clink and chasten the industry for a generation. How’d that go? Re-regulation made the industry stronger and richer than ever—just as the mob moved on to Silicon Valley.
WALL STREET
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October 17, 2021
Jamie’s Bitcoin Call and the New Barbarians at the Gate
Regarding the most pressing questions on Wall Street and in my inbox.
WALL STREET
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October 13, 2021
The Case for Not Prosecuting Donald Trump
Most financial projections are rosy, as Wall Street well knows. That’s why banks have credit committees in the first place. But winning the case may prove more troublesome than having opened it at all.
WALL STREET
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October 10, 2021
Jack Ma’s Disappearance, WeWork’s I.P.O., and the Elon Exodus
Regarding the most pressing questions on Wall Street and in my inbox.
WALL STREET
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October 6, 2021
“The Unknown Unknowns Have Increased”: Wall Street Ponders the China Conundrum
Serious China watchers fear that businesses have underestimated the gravity of Xi’s “regulatory crackdown”—but privately worry that Washington isn’t responding with nearly enough nuance. “It's impossible to decouple,” warns one China expert. “[You] can't afford to not be there.”
WALL STREET
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October 3, 2021
Bitcoin, Cathie Wood’s Tesla Sale, and Junk Bond Porn
Regarding the most pressing questions on Wall Street and in my inbox.