FYI, if you’re contracting with the Federal Govt, 🍊🤡 will set hard caps on executive comp, limits on dividends and stock buybacks. Welcome to the neo-statist economy of the 21st century. www.whitehouse.gov/presidential...

Ok. Almost time to head back to the reality of the end of the American era

In Sydney, Australia. Just took a rideshare in a BYD Seal. Detroit and Tesla are toast.

Still away.

Still far away. In the Coromandel.

Cooks Beach. Far away.

When PE and VC funds rely on continuation funds to avoid market based valuations of their exits, we are in trouble www.nytimes.com/2025/12/24/b...

💰👀 daddy taking away the financial risk www.cnn.com/2025/12/22/m...

Not adding this Tornetta opinion to any casebooks or syllabi

Ellison takes control of another corner of the US information space. #TrumpTok www.cnn.com/2025/12/18/t...

Trump Media acquiring a nuclear fusion company is like a bad joke. Worse, the DJT spac has turned itself into a spac for TAE. www.sec.gov/Archives/edg...

The new “Partnership” between Korea Zinc and the “War Department” to build a state of the art new smelter at Clarksville, Tennessee is a surprise. Smelters are complex, large, and expensive- $7B+ and typically are sited near deepwater ports or mining districts. Clarksville is neither (cont)

Sign of the shifting winds that pushed Kushner to drop out? variety.com/2025/biz/new...

Financing risk is real. screenrant.com/warner-bros-...

The new state capitalism - US to take 40% (40%!!!) of Tennessee-based mineral smelter. WTAF. www.cnbc.com/2025/12/15/p...

Once we are on the other side of whatever this is, it’s worth reconsidering whether the SEC should continue to permit publicly traded corporations with dual class voting structures.

The Times looks at how Trump business interests overlap with SEC crypto cases in the second term. NYT finds that the SEC inherited 23 crypto cases, of which 14 were dropped, frozen, settled, or conceded. All of those had Trump ties. None of the remaining nine cases do www.nytimes.com/2025/12/14/u...

I guess in some segments of the employment market employees are still in the drivers seat. I wonder how quickly this practice might spread. www.wsj.com/tech/ai/open...

Whatever way this contest for WBD ends, CNN is toast CNN has endured turmoil for years. Now 🍊🤡 wants role in its fate www.npr.org/2025/12/12/n...

So if SpaceX goes public, it’ll have dual class shares. Guess who’s going to get the high vote shares? www.businessinsider.com/spacex-ipo-w...

“…maybe they’ll look away…”

Wait a minute. If there is going to be a “DExit” I don’t think it’s fair that DE starts stealing all our Massachusetts cases. Where would MA corporate be without Demoulas and the pile of Market Basket cases?! www.boston25news.com/news/local/m...

So China still hasn’t agreed to 🍊🤡 ‘s TikTok deal yet?

🍊🤡👑 demands fealty if you want your deal approved.

Clownish autocrat puts thumb on merger scale

Just emerging from my grading cave to catch up. Of course @annmlipton.bsky.social is right - as she usually is! It’s not a “hostile tender offer”! Paramount’s offer is for a 251(h) merger. That’s like the opposite of going over the board and straight to the stockholders www.sec.gov/Archives/edg...

‘Politically toxic’: how CNN became a pawn in blockbuster takeover battle on.ft.com/3MowJA1

WATCH: JVL is joined by Catherine Rampell and Sonny Bunch to give their takes on the wild Warner Brothers takeover drama and the surprising role Jared Kushner is playing in Hollywood’s biggest bidding war. lnk.thebulwark.com/4aF2Bdz?utm_...

Read of the day: The inside track on Paramount’s hostile bid for Warner Bros - from @danielthomasldn.bsky.social @annanicolaou.bsky.social and James Fontanella-Khan www.ft.com/content/e5da...

This deal has done a complete transition from the business pages to the front pages the politics section

Ellison asks for 🍊🤡‘s help. Promises to make CNN more friendly. www.wsj.com/business/med...

Ah yes, ladies and gentlemen, the Command Economy!!

Paramount’s offer for WBD www.sec.gov/Archives/edg...

🍊🤡 thumb is officially on the scale in the WBD bidding contest www.axios.com/2025/12/08/j...

An old fashioned hostile tender offer for $30 cash. deadline.com/2025/12/para...

Expect more changes at 60 Minutes…

The worst of all outcomes. Probably the most likely.

“I’ll be involved in that decision.” Deploying his 🍊🤡-like knowledge of the nation’s anti-trust laws.

But did he bring a nice medal? Perhaps a Netflix Peace Prize to smooth the way?

USG as venture investor… (This is all insanity, btw) www.wsj.com/tech/trump-a...

Not my father’s Republican Party, that’s for sure. www.reuters.com/business/aer...

Realizing that we have become the bad guys in our own story. Apparently, everything we stood for during the post-War era was wrong.

Netflix leans on $59bn bank loan to fund Warner Bros takeover on.ft.com/4plDe51

we're special (you're not)

The FT says what we’re all thinking!

Netflix getting Warner Bros. is bad for art, but right-wing oligarchs not getting it is bad for fascism. The Ellisons already got Paramount and Fox-ified CBS, plus a big stake in TikTok USA and more. On balance, avoiding more Orban-style media consolidation is a good outcome. Such are the times.

Netflix: “We are highly confident in the regulatory process and expect to get approvals.” Ignores the next question about whether there might be topping bid from Para.

Q: “why will this acquisition of Warner differ from any previous acquisition of Warner?” Ouch!