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...“We are not burning through it, our cash levels are going up, so I think a lot of the questions about survivability . . . ought to have been put to bed,” he added....
...“Sequoia didn’t align with one specific person — that’s an oversimplification. They proposed a complex solution to a complex problem,” they said. “It was aimed at finding the middle ground.”...
...“I would put JPMorgan or another G-SIB into a resolution process,” he said. “We think this is doable . . ....
...[But] the risks that the world is insuring don’t look like that anymore.”...
...Every Monday I wonder how crazy my week is going to be. April 8-12 didn’t disappoint....
...“I think that there was pressure for [AM Best] to take action, for anybody that had a relationship with 777 Re,” said King. He added: “We don’t agree with their position.”...
...Former Morgan Stanley banker Sadek Wahba’s I Squared Capital is worth billions....
...“I used to forget the tiniest everyday things: I’d put eggs on to boil, I’d forget. Papers were stacked four feet high on my desk,” said Davis, 74....
...“I can’t say it was that memorable, as neither of us remembered it,” he said....
...“I think most US investors don’t really get what’s happening from a macro standpoint in Japan right now and it’s exciting,” said Bae, who added that a “tidal wave” in shareholder activism had prodded local...
...“I’d like to buy more land in Beaune....
...case of a volatility surge during a market crash, the gamma and delta of the covered calls would quickly go to zero but wouldn’t reinforce the market move (i.e., gamma won’t turn negative)....
...In February he and Tesla co-founder Elon Musk hosted a dinner at Montsorrel, he tells me. It wasn’t a fundraiser: it was “just to talk about what the country needed”....
...He did gain a seat on the P&G board after a very close vote and recount....
...“I wanted to do 1,000, but they wouldn’t let me,” he told the New York Times in 2012....
...one of the premier players at the game’s most important position....
...But I don’t think he’ll go down in history as a radical reforming chancellor,” they added....
...“He is also sending a message to Biden, whose hands are tied down by Gaza, Ukraine, etc: Don’t worry about the Taiwan Strait, I’m not giving you any trouble on this.”...
...Who wouldn’t be inspired by this bucolic paradise? But writing is solitary, and doing hours of it is wearying, so I try to go riding every day....
...Co. Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...If you don’t spend at least some of your day thinking about CCPs we can’t be friends....
...“In some respects that was a bit unhelpful to me,” Goldacre deadpanned, “because, at the time, I didn’t have a permanent [academic] post and that sort of thing does slightly annoy deans of medical schools...
...“The insurance hasn’t done much to ease my medical burden,” he said. “I might as well spend more money on high-quality food to stay healthy.”...
...“I did not commit these crimes, I do not accept the accusations,” she told the court, according to local media....
...These numbers aren’t the whole story, however. Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
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