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Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse
Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse
After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg.
He’s looking to place a portion of his personal holdings into an exchange-traded fund, using a method that has become increasingly attractive for wealthy investors seeking to postpone capital gains taxes.
As co-chair of the Charlotte Hornets, Plotkin is expected to contribute most of the starting assets for a proposed vehicle called the Snowball ETF, according to people familiar with...
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Jul 19, 2026 / Tyler Durden
478 Individuals Charged In Border-Related Enforcements In Texas, Arizona
478 Individuals Charged In Border-Related Enforcements In Texas, Arizona
Authored by Naveen Athrappully via The Epoch Times,
A total of 478 individuals have been charged across Texas and Arizona over the past week in cases involving border and immigration-related crimes.
A United States Border Patrol agent enters through the United States border wall outside of San Diego, on Jan. 20, 2026. John Fredricks/The Epoch Times
In Texas, 199 people, including 175 illegal immigrants, were charged in 194 cases between July 10 and 16, according to a July 17 statement from the Department of...
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Jun 5, 2026 / Tyler Durden
Lebanon's President Blasts Iran, Hezbollah For Using Country As Bargaining Chip
Lebanon's President Blasts Iran, Hezbollah For Using Country As Bargaining Chip
Lebanon's president has angrily lashed out at both Hezbollah and Iran - the latter for using the Lebanese nation and people as a bargaining chip in the war and standoff with the United States and Israel.
President Joseph Aoun told CNN in a rare interview that Tehran is exploiting his war-torn nation and issued a fresh demand that Iran's leadership and military stop interfering in Lebanese affairs.
via Reuters
He stressed to Christiane Amanpour that the Lebanese people are "fed up" with...
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May 17, 2026 / Tyler Durden
DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings
DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings
It all started in late January, just before the Blue Owl debacle and the SAAS-palcypse sparked a historic crash in private credit.
It was then that in a rare off-cycle disclosure, BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company (BDC), disclosed a 19% markdown in net asset value as troubled loans weighed on performance. The news not only sent shares of the fund plunging 13% on Jan. 26, the most since March 2020 but market...
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