Destroying American Democracy - An Inside Job

SEC Case Against Musk Over Twitter Stake Heads to Trial Elon Musk and the U.S. Securities and Exchange Commission are no longer pursuing a quick settlement and instead appear headed for a courtroom fight over Musk’s 2022 takeover of Twitter, according to Bloomberg. In a status update filed Wednesday, both sides said they had explored possible resolutions but ultimately agreed the case isn’t suited for mediation. “The parties do not believe that this case would benefit…from…ADR,” the filing states, signaling a shift toward full litigation. At the center of the case is...

Open Sesame Submitted By Peter Tchir of Academy Securities This week’s market behavior had a mythical, almost magical tone to it. In Arabian Nights, Ali Baba was able to open a cave of riches by uttering the phrase “Open Sesame.” Markets responded to any and every sort of connotation of “The Strait is Open” by rewarding participants with riches. We started this week bright and early, kicking off Bloomberg TV, and then moving on to Bloomberg Radio, and Tom Keene’s Best Ideas. At the time we were all trying to understand what “Blockade” meant....

In Major Victory For Gun Owners, ATF Unleashes 34-Rule Reform Package - Brace Rule Dead In what can only be described as one of the biggest single-day victories for the Second Amendment in decades, the DOJ and Bureau of Alcohol, Tobacco, Firearms and Explosives dropped a bombshell yesterday: a landmark package of 34 regulatory actions designed to slash red tape, repeal overreaches, modernize outdated rules, and refocus the agency on actual criminals instead of law-abiding Americans. The announcement, made by Acting Attorney General Todd Blanche and newly confirmed ATF Director Robert...