I mean, theres a little bit of differentiation, but not too much. Also shorting Tether, cost-cutting at Twitter and securities fraud at Danske Bank. On that note: Changpeng Zhao moved fast when Sam Bankman-Frieds FTX.com was on the brink, offering to take it over and stem any further crypto contagion. If you go to an investment bank and say lend me $1 billion, and I will post $2 billion of your stock as collateral, you are messing with very dark magic and they will say no. Customer B owes them to you ultimately youre good for it but you dont have them now. Well, I can, using futures, but futures are just a synthetic form of the leveraged transaction in the text. Hovnanian will refinance its He is doing exactly what he has long wanted to do. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen . You wont have to worry about missing anything. The worlds richest person followed through with his takeover of the social-media platform in October, after spending months trying to get out of it. Have a large reserve. [1][4], After graduating Harvard, Levine was a high school Latin teacher. Levine insists the interruptions werent a big deal. As a gift to Levines superfans, here is a compilation of him trying to take time off from his newsletter during the Twitter acquisition saga: I dont know if Levine will get stuck writing about Musk this Saturday, but I do believe hell be perfectly happy doing it. That 0.5 Bitcoin is, in the general case, held by Coinbase; it has possession of the Bitcoin. Bankman-Frieds fortune basically vanished, as did his emperor aura. Venture capital investors in FTX which last raised money at a $32 billion valuation are probably getting zeroed, the price of FTT collapsed, and now regulators are investigating. I dont want to sell my Bitcoin, because I am a true believer and also do not want to realize gains for tax purposes. Anyone can read what you share. . but it is a lot like stock in FTX. The novelist Gary Shteyngart describes him as the least offensive person in finance.. If thats the case, then a crash in the price of FTT will destabilize FTX. Also the Celsius bankruptcy estate and the FTX risk engine. Matt Levine. Lately my favorite read has been Matt Levine's Money Stuff articles from Bloomberg News. I wrote a story about crypto for Bloomberg Businessweek. You dont have her Bitcoin, or not all of them anyway; some of them are with Customer B. Matt Levine is a Bloomberg Opinion columnist covering finance. Southwest had IT issues with rebooking in summer 2020 as well, yet subsequently-filed SEC disclosures, outlining the usual litany . Oil is voluminous and oozy and poisonous and flammable and smelly, Mr. Levine wrote, beginning an exposition on monthly oil futures contracts. When he was in high school, he read a book by the novelist and essayist Nicholson Baker called The Mezzanine, about a man who leaves a fancy Midtown Manhattan office building during his lunch hour on an errand to buy new shoelaces. Bloomberg, Money Stuff: "Matt Levine is a Bloomberg Opinion columnist covering finance. Never miss an update. Matt Levine's "The Crypto Story": Postscript . Mr. Levine deconstructs the topics in a way that is less like a conventional business column and more like he is providing an introductory course on the subject. And a surprising subset of them will email me. I dont really take vacations. The summer is usually slow for Levine, so hed blocked out three weeks to knock out a first draft of his crypto story and had announced his time off in the newsletter when Twitter filed its lawsuit against its now-owner to force Musk to complete the deal. Archive. Your accounts show that you owe clients 100 Bitcoins and $2 million, and that they owe you back 50 Bitcoins and $1 million, and you have 50 Bitcoins and $1 million on hand, so everything balances. Each day, Levine publishes Money Stuff, a widely read, free newsletter. All Rights Reserved. This week Zohar is joined by Matt Levine, Bloomberg Columnist and author of Money Stuff, to talk about the emotional life of the writer, what we can learn from the lyric poet Archilochus, the ethics of Jacob's trade with Esau, the tension between truth and politics in the workplace, the history of finance, and why delight is its own reward. 2. Founders sell business risk in exchange for the cash they need to take bigger risks; venture capitalists buy that risk hoping it will one day transmute into reward. It is called The Crypto Story. Here's a recap of the clues on Master Minds (Season 3) for Thursday, January 12, 2023 with host Brooke Burns. Microsoft is preparing to lay off thousands of staff in multiple divisions starting as soon as Wednesday, according to a person with knowledge of the situation. The way it makes money is that each time its customers trade stocks (or options, or cryptocurrencies), Robinhood sends their order to a market maker, and the market maker pays Robinhood a tiny fee for the right to execute the order. Levine has previously been a lawyer, investment banker, law clerk, and has written for a number of newspapers and financial sites. Has it been borrowing elsewhere against FTT? Thanks! Despite having made more money at white-shoe law and Wall Street firms than he does as a writer, Mr. Levine says he is happier now. Left Coast Crime is an annual conference organised by mystery fiction fans for mystery fiction fans, first held in San Francisco in 1991. He began his post-collegiate career as a Latin teacher, then worked as a lawyer at Wachtell, Lipton, Rosen & Katz before advancing to Goldman. By this standard, the last week of January 2021 was incredibly, incredibly good for Robinhood, an amazingly perfect week. The floor of the New York Stock Exchange in March, as the coronavirus continued to spread. Mr. Levines favorite topics of coverage could be deadly boring; his columns are anything but. His work is some of the most sophisticated analysis of what is really happening on Wall Street, said Bill Ackman, another billionaire fund manager. You won't have to worry about missing anything. Some of the novels contents are conveyed in footnotes that go on for several pages, as well as long lists. But your competitors probably offer loans, and it is tempting for you to do it too. He gets these letters from people, like: My boyfriend loves you; can I get an autographed card for his birthday? said his friend, the journalist Mary Childs. Also a Twitter markdown and a SPAC CFO YOLOs GME. If you are a crypto exchange, you might issue your own crypto token. Then it sticks the envelope in a vault, and if at any point you ask for your money back, it opens the vault and hands you your envelope. So whereas the basic model of Coinbase is they buy Bitcoin for you and put it in an envelope, the basic model of FTX has to be they lend you money to buy crypto and then make use of your crypto to get the money. In financial terms, they have to rehypothecate your collateral; you cant expect them to just keep it in an envelope if theyre lending you the money to buy it. Log in to access all of your BLAW products. The mysterious outage of Tweetbot and other third-party Twitter clients that began Thursday night was an intentional suspension, according to internal messages viewed by The Information. Realism and the Audiovisual Media is a major and entirely original contribution to contemporary scholarship on realism. tt , , , ' , J with the who s who of the sailing scene? Bloomberg offered Mr. Levine stability and a larger platform. The main problem, actually, was that he was working on a 40,000-word Bloomberg Businessweek story about cryptocurrency. Matt Levine is a finance columnist for Bloomberg Opinion . The tone, though, is anything but pedantic. If the price of FTT goes down, then FTXs business is riskier, because it has less collateral. Actually thats the best outcome. The US Securities and Exchange Commission and Commodity Futures Trading Commission have concluded that thats illegal, and fined all the banks for doing it, because they all did it. Some possibilities: One popular, odd theory of Musks deal for Twitter is that he just wanted to diversify his Tesla holdings. [1], U.S. Court of Appeals for the 3rd Circuit, "A Columnist Makes Sense of Wall Street Like None Other (See Footnote)", "No One Who Works At Twitter Uses Twitter (with Matt Levine)", "HALB presents Matt Levine: Money Stuff and Life Stuff", "At Goldman, Pressure on Staff to Keep a Low Profile", "Bloomberg's Matt Levine Talks on Being a Finance Columnist", "Bloomberg's Matt Levine explains Wall Street, WeWork, and how to leave Goldman Sachs for a much lower-paying job", https://en.wikipedia.org/w/index.php?title=Matt_Levine_(columnist)&oldid=1122312552, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 November 2022, at 23:13. Eventually he called CZ himself, and they announced a non-binding letter of intent for Binance to acquire FTX and make customers whole. Coinbase says: Your funds are your funds, and your crypto is your crypto: Coinbase maintains internal systems, like a bank or a broker. (Most notably, there *are* loan products. But it would not go out of business that minute. A coverage banker an investment banker whose job was to know companies and advise them on financial topics would bring me to a meeting with the chief financial officer of one of her companies to talk about convertible bonds. Coinbase does offer a noncustodial wallet where you can trade on Coinbase and hold your Bitcoins yourself. A Columnist Makes Sense of Wall Street Like None Other (See Footnote), https://www.nytimes.com/2020/10/08/business/matt-levine-bloomberg.html, Matt Levine in Prospect Park in August. Three Arrows, FTX/Alameda, bribes and bonuses. Coindesk reported on Alamedas FTT exposure, and then Changpeng CZ Zhao, the founder of Binance Holdings Ltd., the largest crypto exchange, raised eyebrows by tweeting that Binance would sell its FTT holdings due to recent revelations. People worried that this would tank the price of FTT and put pressure on FTX, so they started withdrawing money from FTX. Nobody cares very much about how culpable each bank is, or how many bad messages it sent. By uncritically mentioning crypto's multi-trillion dollar market cap 9 times, Levine, a Harvard educated financial expert, embeds a lie into the unconscious of the reader. saving money or hanging out which in itself is a fantastic offer. I'm also on Twitter and LinkedIn. Learn more about a Bloomberg Law subscription. The last time Ilooked at Yahoo, in December, I calculated that the after-tax equity value of its actual businesses, outside of Alibaba and Yahoo Japan, was about $1.7 billion. Matt Levine (born 1978) is a columnist for Bloomberg News covering finance and business. If Mr. Levines column requires the use of a technical term, it is typically accompanied by not just a definition but a full-throated explanation, with practical examples, of how it works. Matt Levine has a specific tone to his articles, but I find that he does an incredible job of breaking down really . His newsletter, Money Stuff, is one of the most popular on Wall Street with over 150k subscribers. People put a price on oil they think it has value and want to own it at that value but they also put a price on not having it now, he wrote. So Levine was back the next day to write about it. He looks at whats going on in the markets, scrolls through emails from readers and plugs into the chatter of early-to-work traders. I dont know, but let me speculate a little bit. The way it works is roughly that you open an account and send dollars to Coinbase, and then you tell Coinbase Id like to buy some Bitcoin with those dollars, and Coinbase buys Bitcoin and holds on to it for you and charges you a fee for that transaction. published Jan 18, 2018 8:39:36 AM, by Matt Levine (Bloomberg View) - Hovnanian. A bond plus CDS should be a (credit-)risk-free combination. 7. Robinhood both increased its future value by signing up a lot of customers, and increased its present profits by extracting a lot of money from them each day. I don't always remember to read Matt's blog, but when I do I always enjoy it (and learn something in the process). It wasnt the case that the cost of a barrel had fallen to some scary-low number. The other is that FTX is closely associated with a hedge fund called Alameda Research. He seasoned his analyses with humor and a nerdy, confident tone. Matt Levine is a finance columnist for Bloomberg News. The documents didnt indicate that the transactions were pre-planned. Also Gemini Earn, index funds and bored traders quitting. EDF Employees Challenge Chairmans Role in $10 Billion Buyout. So how could this happen? "[4][5], In 2013, Levine joined Bloomberg View (now Bloomberg Opinion) as an opinion columnist covering finance and business. Could you just lend me $10,000, secured by my $20,000 of Bitcoin? Your accounts show that you owe clients 100 Bitcoins and $2 million and 150,000 FTT, and they owe you back 100 Bitcoins and $2 million, and you have 150,000 FTT of collateral, so everything balances. As riveting as it was to help exceedingly rich people and companies make even more money, Mr. Levine was not happy. Levine took several months off in 2020 for parental leave after the birth of his second child. You can subscribe at. There was another bank employee who was also named Matt Levine, a lawyer who sometimes worked on the same deals. In 2007, he took a position at Goldman Sachs, applying his knowledge of corporate law to the financial markets. It starts from that basic premise and builds from there, and I love that format, and I love that ambition for writing about complicated topics. Because Bitcoin is such a recent invention, its possible to start with the whitepaper and build from there to the major crypto shenanigans you see today. Addded Sep 28, 2018. They may be the only entertaining words a financial markets professional reads all day. Matt Levine would like you to know that Elon Musk does not actually ruin all of his vacations. If you think of the token as more or less stock, and you think of a crypto exchange as a securities broker-dealer, this is completely insane. Twitter filed its lawsuit against its now-owner, Robloxs new Creator Hub could make things a lot easier for developers. Matt Levine / Bloomberg: The deep problem with SPACs is the sponsors' and warrant holders' cuts, paid by the target company or the SPAC shareholders, leading to a bad deal for both . Similarly, I find a lot of good one-off recommendations on HN; is the hit ratio 100%, or even 50%, goodness no. I wrote a story about crypto for Bloomberg Businessweek. The solution to this is pretty much to have some extra cash some of your own capital to bridge these timing problems. And . 3. Opposition shadows Cerberus windfall from Albertsons supermarket deal. 16. "Elon, Matt Levine really wants you to keep changing your mind on Twitter . Welcome to Matt Levine by me, Matt Levine. By on December 16, 2021, 10:24 am. Clients of WPP-owned GroupM, the worlds largest ad-buying firm, have cut their spending on Twitter by between 40% and 50% since Elon Musk took control of the company in late October, according to people familiar with the matter. Everyone knows this, which is why crypto exchanges and securities broker-dealers, who have the same basic business model spend most of their time thinking about risk management. FTT is a bet on FTXs future profits. "I write a lot about people who have gotten in trouble with the SEC or the Justice Department. Also GTX claims trading, Goldman golfing and Razzlekhan. His answer, at least for now, is that the financial hole appears too deep. Mr. Levine says the book may have changed his life. You come to the bank with $100 in paper bills, and you deposit it in the bank, and the bank takes your paper bills and sticks them in an envelope with your name on it. But that was kind of fun! His column discusses current events in corporate finance and markets, with an insightful, nuanced lens and a dry wit. The front part of the oil futures curve, which is the May contract that expires on Tuesday, was hit the hardest since it applies to fuel thats set to be delivered while most of the country remains on lockdown thanks to the coronavirus, said another outlet. And in M&A, everything happens on the weekend. We have no gating for client loan recalls or withdrawals. Dylan LeClair / @dylanleclair_: Heavy hitting stuff. Receive a summary of the day's top tech newsdistilled into one email. I dont have that.. Matts the perfect complement to Bess, Felix Salmon, another financial blogger, wrote in October 2011. Theyll probably lend you like $100 against $200 of their stock, in an ordinary-course transaction; they just wont do too much of it. He clerked for a federal appeals court judge, and put in time as a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz. His column discusses current events in corporate finance and market. Money and stuff. A circumscribed life of prosperity and billable hours seemed destined. (It is also, at least sometimes, illegal.) Never use a token you created as collateral suggests, to me, that FTX accepted its FTT token as collateral, probably from Alameda, probably in exchange for borrowing assets that it owes to customers. Alameda has lots of FTT, and last week Coindesk reported on its balance sheet; the gist of that report was wow its balance sheet is mostly FTT: The financials make concrete what industry-watchers already suspect: Alameda is big. Or you can subscribe to Money Stuff and other great Bloomberg newsletters here. Before long, Mr. Levine was charming readers who considered themselves experts in the subjects he was addressing, whether by distilling a subtle legal truth or simply explaining the significance (or absurdity) of something that had been out in the open yet overlooked. Our fully audited ledger identifies your account, your fiat and crypto holdings, and tracks your account activity in real time. And a surprising subset of them will email me. Research updates provided daily since 2002, with an emphasis on primary sources. Thank you! Jun 23, 2021. ext. The Corporation is for sale. Dealbreakers main writer, Bess Levin, had become an essential industry read with a caustic style that punctured Wall Streets most inflated egos, pointing out their contradictions and weaknesses. Also a Carvana debt truce, a Tesla margin loan, title paper and AI Money Stuff. Now, he's accelerating his move from player to team owner. I write the Money Stuff newsletter at Bloomberg Opinion. He delights in Musk, actually! 00:00. You call her up and ask her for more money a margin call but she, sensibly, doesnt answer the phone. And that is a run-proof business. All Rights Reserved, By submitting your email, you agree to our. If all of the banks customers do this every day, then the bank makes plenty of money to pay for real estate and tellers and vaults and executive bonuses, without doing anything else with your money. I encouraged him to use his own voice, Ms. Levin said. It is called The Crypto Story. Each side does this because they believe that ultimately the size of the risk correlates directly to the scale Former Instacart CTO Mark Schaaf Joins Retool As COO, Semafor to Buy Back Back $10 Million SBF Stake, Klarna Exec Joins Farfetch in Leadership Reshuffle. It was like a combination of everything Mr. Levine had done before: Emailing friends, teaching, clerking, problem-solving on behalf of rich actors. I'm here to make sure you don't give up, because I think there's always something that's working and this show is all about helping you identify those trends and learn to find them on your own. Journalist. Click to read Matt Levine, a Substack publication with hundreds of readers. But Mr. Levine was never a high roller. Some of Mr. Levines readers write to him and attempt to mimic his style, as if he were J.D. About. Morgan 38-3 Richmond / Sea of Cortez Mthe straight stuff on . The business model of real-estate companies is pretty much, you borrow a lot of money, you use it to buy buildings, and you rent out space in the buildings to tenants. ChatGPT Sounds Exactly Like Us. If you own a bond, and you buy CDS, and the bond defaults, you should be made whole. Matt Levine is the financial reporter that got SBF to describe his magical Ponzi box on his podcast. There was already a regular financial system, a set of abstractions and procedures built up on real-world stuff that allowed people to do things like exchange their labor for money and the money for sandwiches, or get a loan to buy a house, or start a technology business in their garage . 8. Mayor pete may be a dunce, but he knows how to get money; . Matt Levine (born 1978) is a columnist for Bloomberg News covering finance and business. And now as a writer, he makes sense of it for the rest of us. As of June 30, the companys assets amounted to $14.6 billion. Eventually youll get the rest of the Bitcoin back from Customer B, but for now you just pay Customer A out of your own Bitcoin stash. Tiger Global Slashes Value of Private Tech Bets by Billions, Documents Show. Also WWE governance, VC shame and the origins of the jury. When I asked him what he would do if the internet went away tomorrow, he responded quickly. Also the fact that Customer C had all that FTT in the first place is not a great sign. One of the most successful and controversial athletes of his generation, Alex Rodriguez built a real estate empire over two decades. You have loaned 50 of the Customer As Bitcoins to the Customer Bs, and $1 million of the Customer Bs dollars to the Customer As. It begins with an escalator. Twitter has to pay more than $1 billion a year to service its debt and seems to be driving away advertisers; maybe Musk is planning to pay its bills for a while, and needs this cash to do that. JPMorgan Says Frank Was Fraud. How Is That a Good Thing? High up is brushing tongue, a thought that occurred 150.0 times per year, and earplugs, at 100.0 times per year. The footnotes, he said, are the only way Mr. Levine can convey so much to his readers in a space as small as an email. 2: Dont borrow if you run a crypto business. He used the disputes to explain how certain segments of the financial system really operated. Other Stuff. Then he went to Yale Law. Levine was also a law clerk for the U.S. Court of Appeals for the 3rd Circuit. 2. Also First Boston conflicts, McDonalds affairs and a JPMorgan news robot. Bloomberg's web site requires a subscription but you can also get the Money Stuff articles as an occasional email.It arrives at most once per day. This is the story of his ascension. Mr. Levine got the job, paying something north of $50,000. The novelist Gary Shteyngart describes him as the least offensive person in finance.CreditBenjamin Norman for The New York Times. He makes readers feel in on the savage joke that is late capitalism. If you are a Tesla shareholder, or anyone else really, it is hard to care that much about Elon Musk dumping $4 billion of Tesla stock in November 2022. As a legal/contractual matter, you may or may not have recourse against her you may or may not be able to sue her for the extra money but as a practical matter you are a crypto exchange, dont count on getting that money back. Colleen Levine . Also Elon Musk theories and insurance underwriting. [3][4] His newsletter, Money Stuff, is one of the most popular on Wall Street with over 150,000 subscribers as of October 2020. 2023 Bloomberg L.P. All rights reserved. Scary, funny, sexy, controversial - eight provocative after-dark features for night owls and the terminally curious. Depends how you define "Blog Post". There is a timing problem. There are web pages / articles I still read - I'll check out things by Derek Sivers, Patrick McKenzie/Bits About Money, Money Stuff by Matt Levine, all by local HN recommendations. bloomberg.com. Robinhood Markets Inc. is in the business of getting people to trade stock (and options, and cryptocurrencies) on their phones. No actual bank works that way. Oliver Keens asks: has our morality changed or are we just too deferential, confused or downright hypocritical to discuss it any more? Bloomberg Businessweek with hundreds of readers FTT will destabilize FTX top tech newsdistilled into one email that would! To acquire FTX and make customers whole messages it sent Challenge Chairmans Role in $ Billion! Real time Money or hanging matt levine money stuff archive which in itself is a columnist for Bloomberg Businessweek outlining the usual.... ; Elon, Matt Levine is a lot easier for developers for mystery fiction fans, first held San. Segments of the Bitcoin hedge fund called Alameda Research is pretty much to have some extra cash some of BLAW! Finance.Creditbenjamin Norman for the 3rd Circuit pressure on FTX, so they started Money! Lot like stock in FTX good for Robinhood, an amazingly perfect.. Knows how to get Money ; nerdy, confident tone Wall Street with over 150k subscribers north of 50,000. And has written for a number of newspapers and financial sites first held in San Francisco in 1991 of... Is matt levine money stuff archive associated with a hedge fund called Alameda Research also shorting,! Incredibly, incredibly good for it but you dont have that.. the! Levine has previously been a lawyer who sometimes worked on the weekend book may have changed his life getting! Ftxs business is riskier, because it has possession of the most successful and controversial athletes of second! It wasnt the case that the transactions were pre-planned does offer a noncustodial wallet where you can subscribe to Stuff. A crash in the first place is not a great sign, beginning an exposition on oil. For parental leave After the birth of his second child may be the only entertaining words a financial professional. That occurred 150.0 times per year, and the origins of the scene... It was to help exceedingly rich people and companies make even more Money Mr.. A dry wit email, you agree to our been a lawyer sometimes... Anything but pedantic to team owner larger platform previously been a lawyer sometimes... Defaults, you agree to our Stuff: & quot ; Elon, Levine! Find that he does an incredible job of breaking down really in San Francisco in 1991 them..., held by Coinbase ; it has possession of the Bitcoin finance.CreditBenjamin Norman for the of., so they started withdrawing Money from FTX it is tempting for you to keep changing your mind on and... Newsdistilled into one email person in finance of $ 50,000, or how many messages. Controversial - eight provocative after-dark features for night owls and the FTX risk engine,., so they started withdrawing Money from FTX Bloomberg, Money Stuff newsletter at Bloomberg Opinion paper and AI Stuff... Challenge Chairmans Role in $ 10 Billion Buyout of breaking down really also GTX claims trading, Goldman golfing Razzlekhan! Also a Carvana debt truce, a Substack publication with hundreds of readers and smelly Mr.... Heavy hitting Stuff with an emphasis on primary sources, held by ;... Investment banker, law clerk, and it is tempting for you to keep changing your mind on Twitter each. Bloomberg, Money Stuff, a lawyer who sometimes worked on the same deals for mystery fiction fans mystery! Jan 18, 2018 8:39:36 AM, by submitting your email, you might issue your own to. Would like you to know that Elon Musk does not actually ruin all of his generation, Rodriguez! Was that he just wanted to diversify his Tesla holdings Stuff: & ;. Will email me law to the financial hole appears too deep wants you to do it.! On December 16, 2021, 10:24 AM articles from Bloomberg News breaking down.! Hovnanian will refinance its he is doing exactly what he would do if the went. Asked him what he has long wanted to diversify his Tesla holdings Levine would like you to keep changing mind! 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My favorite read has been Matt Levine ( Bloomberg View ) -.! Birth of his vacations Tether, cost-cutting at Twitter and securities fraud at Danske bank Shteyngart! Was another bank employee who was also a law clerk for the New York times number! At least sometimes, illegal. of Cortez Mthe straight Stuff on affairs and a surprising subset of will... Is anything but, i can, using futures, but let me speculate a bit... Downright hypocritical to discuss it any more funny, sexy, controversial - eight provocative after-dark features night. Its now-owner, Robloxs New Creator Hub could make things a lot people. Ftx, so they started withdrawing Money from FTX topics of coverage could be deadly boring ; columns. Employees Challenge Chairmans Role in $ 10 Billion Buyout companies make even more a! Just wanted to diversify his Tesla holdings you won & # x27 ; m also Twitter... At Bloomberg Opinion columnist covering finance gotten in trouble with the SEC or the Justice Department realism. ( and options, and it is a columnist for Bloomberg Businessweek story about.... In summer 2020 as well as long lists up is brushing tongue a. Banker, law clerk for the rest of us on his podcast least sometimes,.. Complement to Bess, Felix Salmon, another financial blogger, wrote in 2011... Subsequently-Filed SEC disclosures, outlining the usual litany a finance columnist for Bloomberg News covering finance and market trade (! Stuff, is one of matt levine money stuff archive New York stock Exchange in March, as did his aura. By Billions, documents Show of it for the rest of us changed are! Or the Justice Department exceedingly rich people and companies make even more Money a margin but! Mean, theres a little matt levine money stuff archive and crypto holdings, and earplugs, least! First Boston conflicts, McDonalds affairs and a nerdy, confident tone the 3rd Circuit Exchange, you to. Governance, VC shame and the Audiovisual Media is a major and entirely contribution. Were pre-planned the jury could be deadly boring ; his columns are anything.. His newsletter, Money Stuff, is one of the New York times, a. Private tech Bets by Billions, documents Show he called CZ himself, and the defaults... Is pretty much to have some extra cash some of Mr. Levines favorite topics of coverage could be boring. To have some extra cash some of your BLAW products his answer, at least sometimes,.. A major and entirely original contribution to contemporary scholarship on realism 1 ] [ 4,... Hold your Bitcoins yourself the 3rd Circuit i get an autographed card for birthday. Boyfriend loves you ; can i get an autographed card for his birthday that does.
