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Federal Prosecutors Probe Guggenheim, Billionaire Dem Donor Walter's Insurers
Federal Prosecutors Probe Guggenheim, Billionaire Dem Donor Walter's Insurers
Federal investigators are taking a closer look at billionaire Mark Walter's financial empire, with criminal and regulatory inquiries now spanning Guggenheim Partners and two life insurance companies under his control, according to Bloomberg.
The investigation, which began last year, initially focused on Guggenheim's $362 billion asset management business before expanding to Delaware Life Insurance Co. and Clear Spring Life and Annuity Co., according to people familiar with the matter.
Bloomberg writes that both insurers revealed in recent regulatory filings that they were served...
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Apr 3, 2026 / Tyler Durden
Foreigners Commit Nearly Half Of All Rapes In Austria, Syrians Largest Foreign Group Of Suspects
Foreigners Commit Nearly Half Of All Rapes In Austria, Syrians Largest Foreign Group Of Suspects
Via Remix News,
The number of rape suspects in Austria has more than doubled since 2015, with foreign nationals — and Syrians in particular — driving a disproportionate share of the increase. In addition, foreigners nare now responsible for nearly half of all rapes, a major increase from 2015 as well.
The figures, provided by Austria’s Interior Ministry in response to a request by Austrian newspaper exxpress, paint a striking picture of a decade-long trend.
The composition of those...
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May 5, 2026 / Tyler Durden
Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos
Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos
What is well established about President Trump's newly announced Project Freedom is that the U.S. military is helping "guide" commercial vessels out of the Strait of Hormuz.
The battle over the Hormuz chokepoint comes as the oil market appears to be one month away from a potential "tipping point." Without a resolution, traders warn that global crude and refined-product stockpiles could be drawn down to dangerous levels, creating dire conditions for another violent leg higher in fuel prices that...
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May 6, 2026 / Tyler Durden
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson.
"While we view AMZN's...
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