Hints and tips:
...John J Ray, the veteran insolvency practitioner brought in to run the bankruptcy as FTX chief executive, said on Friday that the cryptocurrency group “has valuable assets” and that the bankruptcy proceedings...
...The firm then helped shepherd the emergency bankruptcy filing and the bringing onboard of Ray....
...FTX’s Ray also gave a scathing assessment of the cost of Bankman-Fried’s actions....
...The book offers a scathing investigation of the “radical transparency” espoused by Bridgewater’s billionaire founder Ray Dalio....
...DD’s Antoine Gara and the FT’s Amanda Chu report on the “nightmare” of muck and broken toilets that unfolded at the Burning Man festivities in a Nevada desert this Labor Day weekend....
...And finally I have (rather belatedly) started reading The Fund by Rob Copeland a super-deep dive in to Ray Dalio and Bridgewater....
...His professor’s glasses caught a stray ray from the window. The rain’s ghostly reflections formed sea-foam crystals on the table, washing one world into the other, rippling the frame....
...Ray said he had never seen “such a complete failure of corporate controls”....
...He tapped a knuckle where freshwater inlets ebbed towards corals among which rays and reef sharks swam....
...Chief financial officer Antoine Forterre said the group wanted to expand further in credit and was considering more acquisitions....
...The Life Aquatic with Ray Dalio Why simply go yachting if you can go submarining at the same time?...
...DD’s Antoine Gara chronicles the star activist’s journey back to earth....
...A striking photo of a cabinet of feathers, all abstract curls, anticipates Man Ray’s Surrealist images by 70 years....
...start: Bridgewater Associates is set to cap investments in its flagship vehicle and cut about 8 per cent of its workforce in the most significant shake-up of the world’s largest hedge fund since founder Ray...
...One video to start: DD’s Antoine Gara delves into the tale of Jake Freeman, the 20-year-old student who ended up making more than $100mn at the height of meme-stock mania....
...The initial verdict from John Ray III, the veteran insolvency professional brought in to run the business, was devastating....
...But a wave of large deals over the past 12 months underscores that bankers have found creative ways to sidestep frozen credit markets, DD’s Antoine Gara and Eric Platt report....
...Smart reads The ‘Ray-whisperer’ rallying the right How did David McCormick, the diversity-touting, Davos-attending Bridgewater CEO, turn into a MAGA-verse main character?...
...More staff turnover at Ray Dalio’s Bridgewater Associates....
...“I’m more afraid if the doctor sends me to get an X-ray I don’t need — that’s the equivalent of 6 months of work for me.”...
...Ray Palmer, a director at Suros Capital, a luxury-asset lending company, keeps a close eye on watch price trends and says he “will always lend money on interesting models”....
...The cover for Exile on Main Street (1972) — a collage of photos by Robert Frank — was chosen instead of a cover designed for the band by the great surrealist Man Ray....
...The left is also at fault, says Kepel, who wrote the book with Antoine Jardin, a sociologist....
...“What’s also pretty obvious is that the next release will be a Blu-ray of the 3D stage show. The lack of musical output is compensated by a new concentration on the visuals.”...
...I cross my fingers and hope we don’t do an Antoine de Saint-Exupéry....
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