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"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era.
Seamfor reviewed a slide deck from the headhunting firm Heidrick & Struggles that says DoW is seeking to stack EDU with bankers from Goldman...
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Oct 15, 2026 / Tyler Durden
MS NOW Retracts Report That FBI Director Kash Patel Landed In Russia
MS NOW Retracts Report That FBI Director Kash Patel Landed In Russia
Authored by Zachary Stieber via The Epoch Times,
MS NOW has retracted a report that FBI Director Kash Patel landed in Russia on Oct. 14.
"We regret this error," Ken Dilanian, an MS Now reporter, said on air during an afternoon show.
MS Now host Peter Alexander had said during a broadcast on Wednesday morning that he had breaking news to report - that Patel "has landed in Russia for a meeting scheduled to take place there." He attributed the reporting...
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Oct 21, 2026 / Tyler Durden
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
Update (1730ET): The earnings call has seen SPCX shares extend their after-hours gains amid a tsunami of attention-grabbing comments from Elon Musk and CFO Bret Johnsen.
Perhaps the most shocking was Musk saying that he sees between $500 billion and $1 trillion of annual recurring revenue by the end of 2027.
Then he stepped it up further:
Musk says there’s a small opportunity for SpaceX to have 20 gigawatts of AI compute online next year.
Musk says he’s been spending a...
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Aug 29, 2026 / Ted Galen Carpenter
Trump Must Not Let Washington’s Korea Hawks Intimidate Him Again
One of the great foreign policy disappointments of Donald Trump’s first term was the failure to advance his initial promising initiative to begin normalizing relations with the Democratic People’s Republic of Korea (DPRK). Trump had abandoned the threats and bluster toward Pyongyang that marked his early months in office. Instead, he moved to open a […]
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