It's hard to top my meeting with Pope Leo, but there was another very exciting development for OPUS this week Gaumont, the team behind hit shows like Narcos and Lupin, will be adapting my book for the screen! variety.com/2026/tv/glob...

I picked up Gareth's book last year and it manages that rare balancing act of taking an interesting subject and telling it in a way that foregrounds the story without being consumed by it. Genuinely great to see it get recognised and hopefully acted upon.

Journalist and author Gareth Gore shares what he said during his audience with Pope Leo XIV March 16: "By putting on record what information I shared with the pope in the meeting, nobody can now turn around and say: Well, we didn't know."

Pope Leo met on Monday with an investigative journalist who alleges that a prominent Catholic organisation with ​ties to right-wing politicians in the U.S. and other countries ‌covered up sexual and financial crimes, which the group firmly denies. For @reuters.com

Gareth is also associate editor of International Financing Review, so long term fans were pleased by the "Tres principales transactiones crediti Europaei, sive longae sive breves" part of the audience

He invited me after learning of the allegations made in my book OPUS, which he described as “a rigorous piece of work” We spent more than forty minutes talking – just the two of us – and he asked a series of informed questions

Pope Leo asked me to meet him in a private audience at the Vatican today I presented him with documents and evidence detailing decades of abuse inside Opus Dei and urged him to launch a full independent investigation into the group A THREAD 🧵

Holy moly!!

Gareth is one the best financial journalists in the business, but even by that standard, being invited to see the Pope after writing an excoriating investigation of a group that is recognise by the Catholic church is quite something

This is amazing news. I highly recommend Gore's book, which besides being a fascinating history of Opus Dei finances and abuses, contains very interesting details of Opus Dei ties to the Trump Administration.

Absolutely incredible development - thousands of far right Catholic Opus Dei criminals around the world must feel sick right now The Pope from Chicago did a photo op, wrote a personal invitation, and conducted a 1-on-1, 45-minute evidence exchange and advocacy meeting with Gareth Gore!! Epic 🧵:

Pontifex maximus meets with Opus Dei expert Gareth Gore in the Vatican to discuss measures against the cult. An essential read (the whole thread)

Very important and fascinating thread from Gareth Gore and his meeting with Pope Leo today.

Pope Leo asked me to meet him in a private audience at the Vatican today I presented him with documents and evidence detailing decades of abuse inside Opus Dei and urged him to launch a full independent investigation into the group A THREAD 🧵

Amazon makes market history with largest corporate bond sale ever seen The $53.8bn deal will help fund its investment in OpenAI – as well as the company's own AI plans www.ifre.com/bonds/239756...

Amazon makes market history with largest corporate bond sale ever seen The $53.8bn deal will help fund its investment in OpenAI – as well as the company's own AI plans www.ifre.com/bonds/239756...

OpenAI has secured US$110bn of cornerstone commitments from three of its core backers, as the ChatGPT owner moves ahead with what will now undoubtedly be the largest capital raise ever seen – with additional investors set to join as the round progresses www.ifre.com/equities/239...

Moody's opinion threatens to derail off-balance-sheet data centre deals The ratings agency has called the structures “opaque” and warned that companies using that financing route risk a “material” deterioration in their credit profiles www.ifre.com/bonds/239094...

SoftBank is in talks with banks to borrow over $10bn to further increase its stake in OpenAI It's already sold some of its most profitable investments and piled on debt - but is now set to double down “Masa is a gambler ... it’s all about gut feeling” www.ifre.com/bonds/238463...

SoftBank is in talks with banks to borrow over $10bn to further increase its stake in OpenAI It's already sold some of its most profitable investments and piled on debt - but is now set to double down “Masa is a gambler ... it’s all about gut feeling” www.ifre.com/bonds/238463...

SpaceX acquisition of xAI brings relief to the lossmaking AI and social media platform But the deal could complicate the rocket maker’s plans to launch the world’s biggest ever IPO this June "If I were a SpaceX shareholder, I would be furious," said one investor www.ifre.com/equities/238...

Oracle will ask investors to inject as much as $50bn into the company, as the beleaguered cloud computing provider seeks to address concerns over the gargantuan amounts of debt it is taking on to fulfil commitments made to hyperscaler clients such as OpenAI www.ifre.com/bonds/237887...

OpenAI faces a $20bn black hole in its accounts this year, as a series of buy now, pay later deals with suppliers start to come due It makes 2026 a make-or-break moment for the company, raising questions about whether it could buckle under the weight of its commitments www.ifre.com/people-and-m...

<eyeballs>

The bill always comes due.

When OpenAI goes under - and it will, because it's grossly overvalued - it's going to make the 2000 dotcom crash look like a walk in the park It's going to take out so many tech companies who have pinned their fortunes on Altman being able to pay his bills on time and in full

Hmmmm Hmmmmmmmmmmmmm

Great piece @garethgore.bsky.social This quote: “OpenAI was only able to raise capital primarily from one investor – SoftBank – during its last fundraise, which is one signal that there are not a lot of investors that are willing to participate at this size.” <grimace>

Do you hear that, Mr Altman...

OpenAI faces a $20bn black hole in its accounts this year, as a series of buy now, pay later deals with suppliers start to come due It makes 2026 a make-or-break moment for the company, raising questions about whether it could buckle under the weight of its commitments www.ifre.com/people-and-m...

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.