If you’re in NYC today, my friend is performing an original orchestral piece — Stones River — at 8pm in Bryant Park with world-class chamber orchestra The Knights, as part of Carnegie Hall’s Citywide series bryantpark.org/calendar/eve...

I will come back to this when I have more time, but I think it’s under appreciated how much this is also happening in the corporate law arena

Court Reform is the only way

The presumption of regularity in the journalism context

They look like Sesame Street puppets

This is not law. It’s just power.

We went to an amazing Haitian restaurant in Oakland last week and it’s such a blessing to have the whole world here - beautiful people from everywhere enriching our lives in wonderful ways

Court Reform is the only way

Yes!👇 “AI is a product that they are selling. They are not the stewards of an inevitable technology. They are building products according to business plans and trying to sell them. They need to act like consumer product companies. We need to demand that they act like consumer product companies.”

Big news for Lookout! A new partnership with the @nytimes.com

An ethnographic study of Piedmont CA

Not to be confused with universal ownership - the idea that some investors are so big/diversified that their value is derived not from individual company positions but from the overall economy, which thus obligates them to prohibit portcos from externalizing costs onto other businesses and public.

Am I the only one with these questions?

The Good Trouble Award is a great name! Congrats to Airielle Silva :)

Sounds like an Emerson event 😁

I would just like to point out PBC fiduciary duties do NOT require OpenAI’s D/Os to prioritize profitability, and they may find this is a useful card to play at some point in the not-too-distant future

Nice list of elites and proxies

Babe wake up, we gotta launch a signature collecting company real quick

It is long past time to explain that immigration courts are not independent because they are not part of the judicial branch, but are located within the executive branch. This becomes immensely clear when lawyers are able to move to circuit courts for appeals.

Also - I know it might seem like a trivial issue, but we don’t know how fiduciary duties work for PBCs. There are fundamental open questions about how the governing bodies of these companies make decisions, from the officers to the directors, and ultimately even the stockholders.

Great article. Just bizarre stuff

This guy’s arc still stuns me

Is this new bylaw amendment lawful given congress’s role?

And some people like to attribute things to "CAPITALISM" rather than to simply say that the root of the problem is actually immorality.

This is the right position I think

In this clip, she’s describing two major issues, The Tragedy of the Commons and corporate externalization of costs onto society. And she’s arguing that companies (investors/capital) must start paying for: 1) taking resources that belong to all of humanity, & 2) polluting. So what is the problem?

SoftBank is aggressively bonkers

Oooh how is this the first I’m hearing about the Shadow SEC??? 👥👥👥

Goddamit this pope gonna make me think about the moral import of religion all over again

Is the fraud here in the room with us right now?

Can’t fund your library tho

Ohh that’s what they mean by “Public Benefit Corporation” … Maybe just one Golden Share with super governance rights … lol Trump gonna usher in the bad socialism 😆

Man, trying to convince super wealthy people that they shouldn’t just give to the first 3 nonprofits that jump into their heads…

A basic test of liberalism is … Do you think people should have the right to choose their own: - government - profession - religion - spouse In The Economist’s esteemed view, with which of these do the highlighted gen-z leftists disagree?

Her books had a big impact on me, and I suspect a good part of the world. RIP.

This thorough SSIR article (free link) features our refugee investment funds at Kiva Capital, which has sought to demonstrate the creditworthiness of refugees and internally displaced people, and expand their access to legitimate and fair capital markets

I know I’m a broken record here, but these AI companies are NOT traditional corporations, but public benefit corporations. And it is far past time for the public to start asking what that means!

Worth pointing out that we still don’t really know how fiduciary duties will work for publicly traded PBCs

lol wat? “home to more corporations than people…constitutional provisions expressly enshrining corporate personhood…budgetary reliance on the billions in fees…rejected an array of constitutional arguments…including the claim that entity voting dilutes the political power of living people”

There are “bright spots.” Lookout has a good model. localnewsinitiative.northwestern.edu/projects/sta...

The SEC’s approach to enforcement is a pretty lively topic of discussion among securities lawyers these days

Sure enough, he’s right there atop the replies

A deep rot in civilization

Just heard @joshtpm.bsky.social and @kateriga.bsky.social (on their newly rebranded podcast!) agree that Trump’s tax immunity is only retroactive…but I don’t think that’s quite right. It could be read to cover any future issue that is in some way connected to past “Lawfare and/or Weaponization.”

It’s poorly drafted (perhaps the point) but I read it to cover later-arising issues that are connected with Lawfare and/or Weaponization that could have been occurring as of the Effective Date.

Whispers in LLM 👇

No one wants to deal with the thorny nonprofit/corporate governance issues OpenAI raises, but I don’t think the questions will get simpler after it implodes

Public benefit corporation.

Stakeholder governance in action!

Congrats to this year’s Pulitzer winners! - Scrappy local newsrooms :)