Oracle is being sued by bond investors, who say it misled them about the amount of debt it would need to take on to fulfil its $300bn deal with OpenAI Larry Ellison, two executives and sixteen banks are named as co-defendants in the lawsuit www.ifre.com/bonds/236980...

Oracle is being sued by bond investors, who say it misled them about the amount of debt it would need to take on to fulfil its $300bn deal with OpenAI Larry Ellison, two executives and sixteen banks are named as co-defendants in the lawsuit www.ifre.com/bonds/236980...

OpenAI faces jury trial after judge sides with Musk over "ill-gotten gains" The case could threaten its $10bn deal with Microsoft and complicate efforts to finance its huge AI ambitions www.ifre.com/equities/236...

Elon Musk's xAI shakes off the recent Grok controversy to raise $20bn for its AI buildout The deal, backed by Valor and the Qataris, is one of the largest private company funding rounds of all time www.ifre.com/equities/236...

Elon Musk's xAI shakes off the recent Grok controversy to raise $20bn for its AI buildout The deal, backed by Valor and the Qataris, is one of the largest private company funding rounds of all time www.ifre.com/equities/236...

Interesting. Why the delay, Leo?

Two hundred attend summit on Opus Dei abuse Summit was "encouraged" by Pope Leo — but he is yet to take action against group garethgore.substack.com/p/two-hundre...

The abrupt shift in debt policy comes after a brutal few weeks for Oracle in markets After reaching a record high in September, when it was briefly valued just below US$1trn, Oracle's shares have since fallen by almost half The sell-off has wiped $480bn off its market cap

With the Age of Smiles upon us, everyone should be asking, “Is this good?” (The AI bubble taking out CBS and TikTok is also going to be incredibly funny)

Two hundred attend summit on Opus Dei abuse Summit was "encouraged" by Pope Leo — but he is yet to take action against group garethgore.substack.com/p/two-hundre...

Oracle has bowed to pressure and introduced a new policy to preserve its investment grade status — no matter what The shift is aimed at calming investor nerves over the huge debts it's taking on to meet commitments made to clients like OpenAI www.ifre.com/bonds/235747...

Oracle has bowed to pressure and introduced a new policy to preserve its investment grade status — no matter what The shift is aimed at calming investor nerves over the huge debts it's taking on to meet commitments made to clients like OpenAI www.ifre.com/bonds/235747...

A credit derivatives market emerging hot on the heels of a debt binge that’s become the focal point of investor concerns over a financial bubble Sound familiar? NEW: AI debt frenzy gives birth to new CDS markets w/ the inimitable @garethgore.bsky.social 👇 www.ifre.com/people-and-m...

Opus Dei Goes to Washington. @garethgore.bsky.social reactionary.international/cases/opus-d...

Big section on Leonard Leo-Opus Dei takeover of DC @garethgore.bsky.social reactionary.international/cases/

Opus Dei and the Moneybags Kid Leonard Leo, the Supreme Court — and the Opus Dei network connecting them garethgore.substack.com/p/opus-dei-a...

CDS trading activity reflects market sentiment about potential default on a debt (loan, bond, ...) Now that AI-related firms are loading up on debt, CDS activity could serve as a canary in the coal mine:

Very good piece. A new debt market finding its feet and I think people trying to price the fact that most of the off balance sheet debt isn’t really off balance sheet. Also, another story where I come away thinking CoreWeave is *the name* in this cycle.

“Expectations of an actual default remain low for most of these companies. CDS markets are pricing in just a 5% probability of Meta being unable to pay its debts over the next five years, and only 4% for Nvidia…rises to 10% for Triple B rated Oracle and a more worrying 48% for junk-rated CoreWeave”

Please make this happen

Until recently, the idea of Meta going bust seemed so fanciful that no CDS market really existed But not any more, with banks now offering protection against Meta — and several other AI companies once considered bulletproof Is this the new Big Short? www.ifre.com/people-and-m...

The legal pundits and reporters explaining the Supreme Court will never understand DC unless the understand Leonard Leo’s faith. The only DC investigation into Leo’s faith driven politics, so far, @garethgore.bsky.social and his book Opus. Gore cracked the code. open.substack.com/pub/garethgo...

From his beginnings as "Moneybags Kid" to Clarence Thomas's confirmation, to the Trump administration, Opus Dei and beyond, Leonard Leo has shaped American politics like few others Read our friend @garethgore.bsky.social's latest newsletter: garethgore.substack.com/p/opus-dei-a...

Opus Dei and the Moneybags Kid Leonard Leo, the Supreme Court — and the Opus Dei network connecting them garethgore.substack.com/p/opus-dei-a...

Until recently, the idea of Meta going bust seemed so fanciful that no CDS market really existed But not any more, with banks now offering protection against Meta — and several other AI companies once considered bulletproof Is this the new Big Short? www.ifre.com/people-and-m...

"Me engañaron y terminé como esclava durante 30 años" Las víctimas del Opus Dei se reúnen a la espera de León XIV Artículo importante de @paulabistagnino.bsky.social www.eldiario.es/1_c39799?utm...

Read this book by @garethgore.bsky.social . It is an exposé of the tangled web of money, false piety, religion, and corruption that we see in the wild craziness apparent in the christonationalism around us. www.simonandschuster.com/books/Opus/G...

How I accidentally stumbled upon one of the Catholic Church's darkest secrets The collapse of a Spanish bank in 2017 opened a window into a hidden world garethgore.substack.com/p/how-i-acci...

Oracle raised $18bn in the bond market amid much fanfare at the end of September Eight weeks on, investors are now sitting on $750m of losses from the deal Are the wheels coming off the great AI financing wave before it has even properly begun? www.ifre.com/bonds/234852...

Oracle raised $18bn in the bond market amid much fanfare at the end of September Eight weeks on, investors are now sitting on $750m of losses from the deal Are the wheels coming off the great AI financing wave before it has even properly begun? www.ifre.com/bonds/234852...

How I accidentally stumbled upon one of the Catholic Church's darkest secrets The collapse of a Spanish bank in 2017 opened a window into a hidden world garethgore.substack.com/p/how-i-acci...

Better yet. Read the book. If a DC reporter has not read this book, I dont care how many bylines, awards or Sunday tv show invites they get, they dont know WTF is going on in trumplandia. @garethgore.bsky.social www.amazon.com/Opus-Traffic...

So far, the only incisive newspaper or magazine look at DC politics to printed in a US publication. @ninaburleigh.bsky.social @garethgore.bsky.social archive.ph/3KC6P

Kevin Roberts and the Opus Dei connection The president of the Heritage Foundation, who caused a huge scandal by defending the platforming the far-right figure Nick Fuentes, is a regular at the Opus Dei hub in Washington, DC garethgore.substack.com/p/kevin-robe...

Kevin Roberts and the Opus Dei connection The president of the Heritage Foundation, who caused a huge scandal by defending the platforming the far-right figure Nick Fuentes, is a regular at the Opus Dei hub in Washington, DC garethgore.substack.com/p/kevin-robe...

This is an excellent article written by @garethgore.bsky.social on how Leonard Leo and Opus Dei have and continue to change the structure and politics in the US.

The biggest and least covered story in US history? The Opus Dei destruction of 250 years of US democracy? Took a London-based Brit financial reporter to expose it. @garethgore.bsky.social medium.com/@thcarter123...

If you read the @garethgore.bsky.social book on Opus Dei & follow @thcarter123.bsky.social it’s clear that the Catholic Church is under attack from within. They value political power over the 10 commandments & they seek to impose their version of sharia law on our country. It’s why Vance converted.

Just finished @garethgore.bsky.social’s “Opus” and feeling slightly insane—an absolutely enthralling book, truly An absolute must-read if you want some insight into how deep Opus Dei got its fingers into the scariest sect of conservative American politics, among other things I feel insane, my god

Opus Dei - and the Mary Poppins incident The group is willing to go to extreme ends to protect itself, as I soon discovered after publishing a book exposing its abuses My latest on Substack…. open.substack.com/pub/garethgo...

Opus Dei - and the Mary Poppins incident The group is willing to go to extreme ends to protect itself, as I soon discovered after publishing a book exposing its abuses My latest on Substack…. open.substack.com/pub/garethgo...

Threats, lies and videotape The Opus Dei campaign to stop publication of my book open.substack.com/pub/garethgo...

Threats, lies and videotape The Opus Dei campaign to stop publication of my book open.substack.com/pub/garethgo...

Is Pope Leo really dissolving Opus Dei? @ardenthistorian.bsky.social interviews @garethgore.bsky.social, author of the definitive history of Opus Dei. spotify.link/naEeYyx4HXb

I interviewed @garethgore.bsky.social for @straightwhitejc.bsky.social about the recent rumblings of Vatican-imposed reform on Opus Dei. Gareth details and contextualises a recent report on a possible internal rupture and what that would mean for the organisation and its future.

“A genuine exposé, a fluid, authoritative account … Gareth Gore has done a great service in putting all this material in the public domain in such a digestible format: no wonder Opus Dei is so unhappy with him”—TLS www.the-tls.com/religion/rel...

The paperback edition of my book OPUS goes on sale TODAY With a new afterword bringing the story up to date, including details of Opus Dei’s links to Project 2025, the human trafficking case against it—and the challenge Pope Leo faces in holding this abusive cult to account

So, I wrote a short post snarking about Leonard Leo's + Opus Dei's inordinate influence on SCOTUS. And then read about Leo and Opus Dei and . . . it's a trip. Everyone should be aware of just how deeply creepy this is. @garethgore.bsky.social www.rollingstone.com/politics/pol...

I read this when it first came out in hardcover. Very worthwhile read.

Opus Dei "on the cusp of ceasing to exist" A recent report hints at the imminent suppression of this abusive group open.substack.com/pub/garethgo...