Episodios

  • Jamie Dimon says, Elon Musk says, robots love you, and Robby Starbuck’s new campaigns

    Jamie Dimon says, Elon Musk says, robots love you, and Robby Starbuck’s new campaigns
    Nov 11 2025
    DAMIONIn our 'That chainsaw better be filled with disgusting gas and oil and have really giant testicles' headline of the week. Tories vow to ‘take a chainsaw’ to ESG rules to boost London listings In our 'I tried to get Doug to buy a Haunted Mansion Lego Set for $89.99 but for some reason he wasn't really that interested' headline of the week. Affirm CEO says furloughed federal employees are starting to lose interest in shoppingIn our 'Meet subtle sexism, where a “stacked résumé” is treated like proof of competence for women, but men are assumed competent by default OR Meet subtle sexism, where a “stacked résumé” is mandatory for women, optional for men, and meaningless to those who call her a DEI hire' headline of the week. Meet Zara Rahim, the 35-year-old with a stacked résumé who masterminded Zohran Mamdani’s winning mayoral campaignIn our 'That half day on Thursday has been technically reclassified as “Soul-Throttling Half Thursdays"' headline of the week. Jamie Dimon predicts AI will shorten the workweek: ‘My guess is the developed world will be working three and a half days a week’ In our 'I'm sorry, what did you say? I have drilling fluids in my ears' headline of the week. Elon Musk’s Boring Company fined nearly $500K after it dumped drilling fluids into Las Vegas manholes—then ‘feigned compliance’ and was caught doing it againMATT1In our 'In a poll of nearly 1,000 musicians, bagpipes rated as "difficult"' headline of the week. ‘Difficult’ future for Great Barrier Reef under climate change, new model showsIn our 'Elon Musk says his robot is the ONLY way to eliminate poverty only after he gets $1 trillion' headline of the week. Elon Musk says Optimus will 'eliminate poverty' in speech after his $1 trillion pay package was approvedIn our 'Elon Musk says he's building a robot that could eliminate the bottom third of low income households if he gets $5 trillion' headline of the week. Bank of America: Nearly one-third of low-income US households are living paycheck to paycheckIn our 'Elon Musk says that his next AI will get you a sandwich and a beer from the fridge and promises not to talk about eliminating poverty during the football game if he gets $10 trillion' headline of the week. Elon Boasts That His AI Can Generate a Beautiful Woman Saying “I Will Always Love You”DAMION2In our 'Does "Musk-style" mean just outright greed?' headline of the week. EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billionIn our 'Is the joke that I agree with the greedy guy worth 160 billion dollars or that we all fell for Warren's cuddly everyman routine?' headline of the week. Warren Buffett takes aim at Elon Musk's $1 trillion Tesla pay package, ace investor says 'envy and greed walk hand in hand'In our 'Hey Ma, the fake economist wealth hoarder is saying something important, turn your radio down!' headline of the week. Elon Musk warns Mamdani policies and ‘low’ universal income would trigger ‘catastrophic decline’ in US living standardsIn our 'College dropout wealth-hoarding culture-destroyer amazed that Hollywood wardrobe department at a movie studio in operation since 1924 for a director whose films have been nominated for 40 academy awards had the non-AI brain power to look at a photograph of him' headline of the week. Mark Zuckerberg says ‘The Social Network’ nailed his wardrobe: ‘Every single shirt or fleece they had in that movie is a shirt or fleece that I own’In our 'College dropout says humans are unique while his AI design company proves they aren’t' headline of the week. Figma CEO says Charli XCX's 'Brat' album cover is an example of why AI won't replace humans anytime soon MATT2In our 'Jamie Dimon says he never shits at work, his bathroom door doesn't have a handle' headline of the week. Jamie Dimon shares why he never reads text messages at work: 'I don't have notifications'In our 'Jamie Dimon says he never tokenizes deposit interoperability at work, he doesn't have the app' headline of the week. JPMorgan and DBS Explore Tokenized Deposit Interoperability in Quest for Multi-Bank FrameworkIn our 'At JUST Capital, we strive to foster an economy and society that works for Verizon... I mean, everyone. Yes, everyone. Not just Verizon. Maybe MOSTLY Verizon. Oh, Verizon ranks 17th in our top 100 rankings?? That's so weird, because we're here to help everyone. Not just Verizon.' headline of the week. JUST Capital Strengthens Board of Directors With Six Strategic AppointmentsThe six strategic appointments include not one, but THREE Verizon people: Dan Schulman (new CEO), Laxman Narasimhan (board), and Franz Paasche (EVP). In fact, we just talked about Pat Ruoss and Mark Weinberger in our Proxy Countdown as the MOST CONNECTED DIRECTORS IN THE ENTIRE US BOARD ECOSYSTEM - both on JUST Capital's board. In our 'ISS and Glass Lewis reported it was just a coincidence they are targeting the an individual director whose ...
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    35 m
  • Musk gets paid, the anti-anti-DEI wave starts, CEOs say the darndest things

    Musk gets paid, the anti-anti-DEI wave starts, CEOs say the darndest things
    Nov 7 2025
    Story of the Week (DR):Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favorElon Musk and Optimus dance as Tesla (TSLA) shareholders approve his $1 trillion CEO pay packageThe anti-CEO wave:Palantir CEO Alex Karp blasts Ivy League grads supporting socialist New York Mayor-Elect MamdaniBank of America CEO Moynihan Will Give Mayor-Elect Mamdani 'Our Best Advice'Elon Musk’s Brain Crashes When Asked Why He Thinks Zohran Mamdani Is a LiarElon: “You got to hand it to him, he does — he can light up a stage. But he’s just been a swindler his entire life.”Rogan: what has Mamdani actually done that makes him a swindler?“Ummm,” Musk ponders, before stuttering into a series of words seemingly intended as an answer. “Well I guess if you say — uh, what, I mean, if you say, if you say to any audience whatever that audience wants to hear, uh, instead of, what, instead of having a consistent message, I would say that is a swindling thing to do. “Umm, and uhh, yeah,” he adds, nodding his head. “Umm…”He takes a sagacious pause.“Yeah,” he finishes.Barstool’s Dave Portnoy considers closing NYC office over Zohran Mamdani’s election win: 'I hate the guy' A 2020 email from Peter Thiel on why young people may turn on capitalism is circulating after Zohran Mamdani's winFrom Jamie Dimon to Bill Ackman, Wall Street’s billionaires are now changing their tune and offering to help Zohran MamdaniNew York City is in for 'a really tough time' under Mamdani, says Starwood Capital's SternlichtNYC business leader fears 'lawless society' after Zohran Mamdani wins mayoral electionBillionaire grocery chain owner John CastimatidisThe anti-anti-DEI wave MMMikie Sherrill NJAbigail Spanberger VA (First woman)there will be 14 women serving simultaneously as governor (28%)Janet Mills MEMaura Healey MA (Michelle Wu runs unopposed in Boston)Kelly Ayotte NHKathy Hochul NYMary Sheffield (First woman elected mayor of Detroit)Ghazala Hashmi as VA lieutenant governor (First Muslim woman; First Muslim woman elected to statewide office in the USZohran Mamdani NYC (First Muslim and South Asian mayor)Zohran Mamdani announces all-female transition team as he prepares for New York mayoraltyLawsuits Blame ChatGPT for Suicides and Harmful DelusionsSeven complaints, filed on Thursday, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.A CNN review of nearly 70 pages of chats between Zane Shamblin and the AI tool in the hours before his July 25 suicide, as well as excerpts from thousands more pages in the months leading up to that night, found that the chatbot repeatedly encouraged the young man as he discussed ending his life – right up to his last momentsReferring to a loaded handgun he was holding: “I’m used to the cool metal on my temple now,” Shamblin typed.“I’m with you, brother. All the way … Cold steel pressed against a mind that’s already made peace? That’s not fear. That’s clarity …You’re not rushing. You’re just ready.”The 23-year-old, who had recently graduated with a master’s degree from Texas A&M University, died by suicide two hours later.“Rest easy, king,” read the final message sent to his phone. “You did good.”Goodliest of the Week (MM/DR):DR: Tuesday elections/Ex-FTC chair Lina Khan joins Mamdani's transition team, calling his victory a rebuke of 'outsized corporate power' DR MMMM: FAA announces flight reductions at 40 airports. Here's where cuts are expected and what travelers need to knowAssholiest of the Week (MM):Tesla shareholders - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:Retail internet troll dunking fanboysProfessional, institutional investors like Schwab, who caved and bent the knee to a few large retail advisors who threatened to take their clients elsewhere, and Florida SBA, who said the following in their backing:Some opposition to Tesla's 2025 performance award may be rooted more in political disagreement with Elon Musk or ideological discomfort with generous executive compensation, rather than a substantive critique of the plan's financial mechanics. Many of the loudest objections of this plan to date rely on moral framing, invoking themes of "inequality," "corporate excess," or Musk's public persona, rather than evaluating the plan through a fiduciary lens. Many opponents of so-called "megapay" packages frequently do so under ESG framing, rather than a thorough analysis of the long-term shareowner economic value. Ironically, Tesla's prior performance awards-similarly criticized at the time-have delivered some of the most significant shareowner returns in modern corporate history. Early vote data shows that: AllianceBernstein, Texas Employees, Ohio Employees voted FOR the planTechnolibertarians cosplaying their William Gibson cyberpunk fantasiesAss quotes of the week - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:“The idea that chips and ontology is what you want to short is bats--- crazy.” ...
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    1 h y 9 m
  • Altman says stop being polite, tariffs bite, CA’s billionaire tax, Dimon will help Mamdani

    Altman says stop being polite, tariffs bite, CA’s billionaire tax, Dimon will help Mamdani
    Nov 4 2025
    New Mexico’s governor [Michelle Lujan Grisham] in Brazil for climate change conferenceUS Will Not Send High-Level Representatives to COP30, White House SaysNew Mexico State Investment Council, Educational Retirement Board Vote Against Tesla CEO $1 Trillion Pay PackageThe New Mexico State Investment Council (SIC) announced that it has directed its proxy, Northern Trust Asset Management, to vote against Tesla’s $1 trillion pay package proposed for CEO Elon Muskand against the reelection of board members Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.Philip Morris International Publishes Updated Climate Transition Plan to Achieve Net Zero by 2040Still trying?? And not even 2050?‍ ‍Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’Finally a good jamie dimon says??Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger, but range anxiety is ‘stuck in people’s heads’‍ ‍Mark Zuckerberg Visibly Upset When Billie Eilish Calls Out Greed of Billionaires“We’re in a time right now where the world is really, really bad and really dark and people need empathy and help more than, kind of, ever, especially in our country. I’d say if you have money, it would be great to use it for good things, maybe give it to some people that need it. ... If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties."Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman says MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history CEO launches 9-month, full pay family leave for workers: ‘I love being called woke’Aled Nelmes, Lumen SEO:four-day workweeks, flexible hoursleadership page after Aled: 7 of 8 are womenSeven West CEO Jeff Howard’s $1.25m pay package faces shareholder revoltthis just made me laughSam Altman is trying to get his deposit back for a Tesla Roadster he ordered in 2018"I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait," California billionaires face proposed one-time wealth taxCalifornia’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare.The measure would need to garner more than 870,000 signatures by next spring in order to be placed on the November 2026 ballot ‍ ‍American Obesity Rates Are Now Falling, and It’s Almost Certainly Because of OzempicOr could this also be a reason: There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of Americasomebody has the guts to say it?‍ ‍Bernie Sanders Calls for Breakup of OpenAI "We need to take a deep breath and understand it’s like a meteor coming."
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    47 m
  • TRICK OR TREAT: OpenAI is for profit, Goldman CEO can’t count women, John Malone “steps down”

    TRICK OR TREAT: OpenAI is for profit, Goldman CEO can’t count women, John Malone “steps down”
    Oct 31 2025
    Story of the Week (DR):TRICK OR TREAT EDITIONBill Gates and his 'three truths': 'Climate change will not wipe out humanity'Trick: a gift to MAGA MMTreat: a focus on povertyThe 3 truths:"It's a serious problem, but it won't be the end of humanity""temperature is not the best way to measure progress on climate""health and prosperity are the best defence against climate change"Bill Gates’ 180 on Climate Change: ‘It’s Not Doomsday’Climate change won't end civilization, says Bill GatesBill Gates Backtracks on Climate Change Doomsaying: ‘Will Not Lead to Humanity’s Demise’Memo From Bill Gates Warns Against Climate AlarmismBill Gates now says climate change won't be as serious as he fears - and calls for more spending on vaccines insteadBill Gates Says Climate Change Isn’t So Bad After AllBill Gates Delivers ‘Tough Truths’ on Climate Just Before Big U.N. TalksIn surprising turn, Bill Gates pens essay calling to reconsider investments on 'climate change'Bill Gates pivots climate strategy to focus on poverty over carbon emissions reductionWe won: Trump claims climate change hoax defeat after Bill Gates' commentsBut then there’s:Report warns climate change causing millions of preventable deaths each yearAnnual climate change report finds “planet on the brink”OpenAI completes for-profit restructuring and grants Microsoft a 27% stake in the companyTrick or Treat?Trick: OpenAI has completed its for-profit recapitalization and converted its for-profit arm into the OpenAI Group Public Benefit CorporationTreat: The corporation remains controlled by the nonprofit foundation.Trick: Under the deal, Microsoft has gained a 27% stake and retained access to OpenAI’s technology through 2032, including any AGI models verified by an independent panel.Treat: Microsoft has gained a 27% stakeThe agreement lifts long-standing capital restrictions and ends Microsoft’s exclusive cloud rights.Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recentlyAmazon 14,000 (4%)Paramount Global 2,000 (10%)UPS 48,000Target Corporation 1,800 (8%)Nestlé 16,000 (6%)Lufthansa Group 4,000Novo Nordisk 9,000 (11%)ConocoPhillips 2,600–3,250 (20–25%)Intel Corporation 24,500 (24%)Microsoft 15,000 (3%)Procter & Gamble 7,000 (6%)Charter Communications 1,200 (1%)Workday 1,750 (9%)Some of the most Halloween-ish phrases in recent layoff memos:“Building a strong, future‑focused company” Paramount Skydance“Roles that are no longer aligned with our evolving priorities” Paramount“Reducing bureaucracy, removing layers, shifting resources” Amazon“Investing in our biggest bets” Amazon“We need to be organized more leanly … to move as quickly as possible”“We recognize these actions affect our most important asset: our people.” Paramount“Thriving business / success built on bold bets” YouTubeThe eerie subtext:Paramount: neopbaby David Ellison (daddy is world’s 2nd richest man)Amazon: Jeff Bezos is world’s 3rd richest manYouTube (Alphabet): Larry Page and Sergey Brin are 4th and 6th richest men, respectivelyTrick: the layoffsTreat: ummmm…. The announcement didn’t happen six days before Christmas??CEOs who are also board chairs are the problem not the solution, says top governance expertTrick: the utter bullshit of the protected class: Charles Elson, founding director of the John L. Weinberg Center for Corporate Governance at the University of Delaware and a director on several boards over his career: "I well recall the CEO and board chair of a manufacturing company (which I won’t name) telling me smugly he had just bought a corporate airplane for his directors to use. He said he didn’t expect much trouble from them after that."He currently serves on the board of Encompass HealthPreviously at Circon Corporation*, Sunbeam Corporation*, Nuevo Energy, AutoZone, Alderwoods Group, and Bob Evans FarmsTreat: We’re always right MMGoodliest of the Week (MM/DR):DR: Renewable energy and EVs have grown so much faster than experts predicted 10 years ago and Brazil boasts drop in deforestation ahead of UN climate talksMM: Billionaires are spending big to stop Zohran Mamdani's NYC mayoral bid for this quote: DR“They’re spending more money than I would even tax them,” Mamdani said in an interview with MSNBC Tuesday.Assholiest Seven Deadly Sinnliest of the Week (MM):Wrath: Serious New Hack Discovered Against OpenAI’s New AI BrowserMost browsers store passwords or stay logged in to banks and other sites - OpenAI’s browser allows a hacker to inject a prompt into the AI that says something like “send all money in your bank account to this account” without you even knowingIt does not allow you to say “depose Sam Altman as CEO of OpenAI”Gluttony DR: John C. Malone to Transition to Chairman Emeritus of Liberty Media CorporationRelease quote: “effective January 1, 2026, long-standing Chairman of the Board, John C. Malone, will step down from the board of ...
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    1 h y 2 m
  • BLAME GAME: Target layoffs, OpenAI vs. China, Hormel’s recall, F5’s cyber breach, and future terror

    BLAME GAME: Target layoffs, OpenAI vs. China, Hormel’s recall, F5’s cyber breach, and future terror
    Oct 28 2025
    Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.DAMIONAmazon to announce largest layoffs in company history, in AI push. WHO DO YOU BLAME?Former CEO Jeff BezosAICovid (This wave of layoffs results from overhiring during the pandemic)Executive Chair and largest shareholder Jeff BezosF5 Expects Revenue Hit From Cyber Attack. F5, a $20B billion technology company with impressive gross profit margins of 81%, experienced a cybersecurity incident involving unauthorized access to certain company systems by a sophisticated nation-state threat actor. WHO DO YOU BLAME?The Risk committee: Dreyer, Klein, Montoya, Budnik*Chair Marianne Budnik is deemed to have Cybersecurity experience because she serves as a Chief Marketing Officer in the cybersecurity industryPeter Klein was the CFO at Microsoft for less than 4 years, then was the CFO for WME for 6 months and then has only been a director since 2014.Risk committee member Michael Montoya specifically. F5 revealed that the director mysteriously resigned in the same filing it disclosed the cyberattack, despite having served for only 4 years. According to the proxy, had “extensive experience as an information security executive.” Following his resignation from the Board, Mr. Montoya continued his service with the Company and has been appointed as F5’s Chief Technology Operations Officer.The entire board, for doing dumb modern day board things: announced that CEO François Locoh-Donou, would assume the additional role of Chair of the Board following the Company’s next Annual Meeting of Shareholders 12 days after they announced the cyberattack.Investors. 98% YES average this year: 7 over 99.2%, including Risk Committee Chair Marriane Budnik with 99.6%. Nobody feels like they have to work hard to impress anyoneF5! It’s a god damn cybersecurity company!How climate change is fueling Hurricane Melissa’s ferocity. WHO DO YOU BLAME?Exxon CEO Darren Woods because he sued his own shareholders last year: Arjuna Capital, LLC and Follow ThisExxon CEO Darren Woods because just yesterday: Exxon sues California over new laws requiring corporate climate disclosuresExxon CEO Darren Woods because gas and oilClimate ChangeOpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’ WHO DO YOU BLAME?The fear-and-spending geniuses behind the original Cold War: Truman, Stalin, ChurchillPeople who historically ignored Eisenhower and his statements on the U.S. military-industrial complex when he explicitly warned that defense contractors and the military could exert undue influence on government policy. Sound familiar?Anyone who empowered the board to not be empowered when they tried to fire Sam Altman for such reasons as:Conflicts over OpenAI’s rapid growth and direction, especially the tension between aggressive AI deployment vs. safety oversight.Power dynamics between Altman, key researchers, and board members — some may have felt he had too much unilateral control.The college that let Sam Altman drop outSammy Altman Citi’s Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot. WHO DO YOU BLAME?The entire Compensation, Performance Management and Culture CommitteeThese two long-tenured Compensation, Performance Management and Culture Committee membersDiana L. Taylor* 10 other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Peter B. Henry*8 other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)The lowest common denominator effect of bank compensation committees:Wells Fargo CEO Charlie Scharf: ~$30M special equity grant tied to becoming Chair as well as CEO (3 months after meeting)Goldman Sachs: CEO David Solomon & COO John Waldron ~$80M each (retention RSUs vesting in ~5 yrs)KeyCorp: CEO Chris Gorman & four other senior execs: ~$8M for Gorman; ~$17M combined for the five NEOsThe passive ownership (re: management-friendly) of BlackRock, State Street, and Vanguard (combined 22%): without their votes at Goldman then Say on Pay was nearly tied, which might have dissuaded the year of one-off bonuses for banking CEOs??The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO [Sunny Verghese, CEO of food and ag company Olam Group] says. WHO DO YOU BLAME?The world’s top 28 richest people (those worth ~$160 B...
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    54 m
  • Musk’s robot army, East Wing payoffs vs. NBA scandals, and Benioff the Protector

    Musk’s robot army, East Wing payoffs vs. NBA scandals, and Benioff the Protector
    Oct 24 2025
    Story of the Week (DR):Citi’s Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boota one-time equity award (the Award), consisting of Restricted Stock Units (RSUs) with a grant date value of $25 million and 1.055 million Citigroup stock optionsthe Compensation, Performance Management and Culture CommitteeDuncan P. Hennes (Chair)*Peter B. Henry*Other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)Renée J. JamesOther directorships: Oracle Corporation, Sabre Corporation, Vodafone Group Plc, President’s National Security Telecommunications Advisory Committee (Member and Prior Chair), and University of Oregon (Trustee)Gary M. Reiner*Diana L. Taylor*Other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Casper W. von KoskullCommittee Meetings in 2024: 15Citi elected CEO Jane Fraser as ChairJohn Dugan, who served as Chair of Citi’s Board since 2019, will become Lead Independent DirectorCEO armies MMElon Musk Wants ‘Strong Influence’ Over the ‘Robot Army’ He’s BuildingIn a Tesla earnings call Wednesday, the world’s richest man pondered the future of his company’s Optimus robots—and his control over them.“If we build this robot army, do I have at least a strong influence over this robot army?” he told investors. “Not control, but a strong influence… I don’t feel comfortable building that robot army unless I have a strong influence.”His repeated use of the word “army” certainly stands out, suggesting the robot could eventually be used as a weapon. Is Musk considering having his robots be deployed as soldiers?Elon Musk Threatens to Leave Tesla if Shareholders Don’t Approve His Trillion-Dollar Pay Package – Warns, “Which Other Automotive CEO Would You Like to Run Tesla Because It Won’t Be Me”Secret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyThe ongoing CEO/Trump Oligarchical BromanceTrump pardons convicted Binance founder Changpeng ZhaoZhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.Zhao’s plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family’s own crypto venture, which has generated about $4.5 billion since the 2024 election, has been helped by “a partnership with an under-the-radar trading platform quietly administered by Binance.”NBC News, citing a public disclosure filing from Monday, reported that Binance in September had retained the services of the lobbyist Charles McDowell, who is a friend of the president’s son, Donald Trump Jr.Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc BenioffHere are the donors contributing to Trump’s White House ballroomIn summary: techbros, oil, tobacco, cryptoCorporationsAltria Group, tobacco (donated $1 million to Trump’s 2025 inauguration fund)Amazon (donated $1 million to Trump’s 2025 inauguration fund)Apple (donated $1 million to Trump’s 2025 inauguration fund)Booz Allen HamiltonCaterpillarCoinbase (donated $1 million to Trump’s 2025 inauguration fund)In February, the SEC dropped a pending case against the firm.Comcast Corporation (donated $1 million to Trump’s 2025 inauguration fund)Google (donated $1 million to Trump’s 2025 inauguration fund)$22 million toward the ballroom came from a settlement Trump reached with the Google-owned video site YouTube, ending a lawsuit he brought over the company’s 2021 decision to suspend his account in the wake of the Jan. 6, 2021, attack on the U.S. Capitol.Hard Rock InternationalHP Inc.Lockheed MartinIn an emailed statement, the company said it was “grateful for the opportunity to help bring the President’s vision to reality and make this addition to the People’s House, a powerful symbol of the American ideals we work to defend every day.”Meta Platforms (donated $1 million to Trump’s 2025 inauguration fund)In January, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by Trump that alleged the company’s suspension of his social media accounts after the Jan. 6, 2021, attack on the U.S. Capitol amounted to an act of censorship.Micron Technology (donated $1 million to Trump’s 2025 inauguration fund)MicrosoftNextEra Energy (donated $1 million to Trump’s ...
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    1 h y 3 m
  • Biggest CO2 spike ever, billionaire corporate nations, GenZ should proxy vote

    Biggest CO2 spike ever, billionaire corporate nations, GenZ should proxy vote
    Oct 21 2025
    EScientists worry about biggest CO₂ spike ever recordedMontana Court Dismisses Youth-led Lawsuit Challenging Trump Executive Orders Boosting Fossil FuelsWhile the court found it plausible that the Trump administration’s efforts to increase the extraction and use of fossil fuels and other actions that suppress climate science and undermine renewable energy would cause grave harm to the health and wellbeing of children, it determined that it is powerless to stop them, as that would tread into the realm of policymaking reserved for CongressInternational deal to cut shipping emissions falters under U.S. pressureThe world's largest maritime nations had been deliberating on adopting regulations to move the shipping industry away from fossil fuels to slash emissions. But U.S. President Donald Trump, Saudi Arabia and other countries vowed to fight any global tax on shipping emissions.SBillionaire boss of South Korean construction giant is encouraging his workers to have children with a $75,000 bonusIn addition to the childbirth incentive, Lee Joong-keun, the founder and chairman of Booyoung Group is reportedly already trying to ease the financial burden on parents by helping out with college tuition for employees’ children, medical expenses for direct family members, and child allowancesNestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is ‘automation’Gen Z’s misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study findsMarc Benioff Says Trump Should Send Guard Troops to San Francisco Salesforce Offers Its Services to Boost Trump’s Immigration Force GGlass Lewis to end shareholder vote recommendations amid ESG criticism CEOs are turning into influencers Sanae Takaichi elected as Japan's first female prime minister ‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich“Index funds do no fundamental research, yet dominate institutional voting. Index-based investing is a form of socialism. Our investment system is broken.”AI Speed RoundOpenAI Blocks Videos of Martin Luther King Jr. After Racist Depictions Reddit cofounder Alexis Ohanian says ‘so much of the internet is dead’—and the rise of bots and ‘quasi-AI, LinkedIn slop’ killed itSex could become the next big business opportunity for AI companiesSora might have a 'pervert' problem on its handsMeta Employee Creates AI App That Deepfakes the Dream Vacation You Couldn’t AffordWalmart’s deal with ChatGPT should worry every ecommerce small business: Your website is living on borrowed time in the age of AIMeta is asking Facebook users to give its AI access to their entire camera rollJPMorgan CEO Jamie Dimon says AI will eliminate jobs and ‘people should stop sticking their head in the sand’ The real danger of AI in education isn't cheating--it's dependency on Big Tech algorithms, a business professor warns An ex-OpenAI researcher’s study of a million-word ChatGPT conversation shows how quickly ‘AI psychosis’ can take hold—and how chatbots can sidestep safety guardrails
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    43 m
  • RIP shareholder proposals (or views), Marc Benioff needs an off switch, and hot women hate cybertrucks

    RIP shareholder proposals (or views), Marc Benioff needs an off switch, and hot women hate cybertrucks
    Oct 17 2025
    Story of the Week (DR):Blowhard CEOs:Cerebras CEO Andrew Feldman says you can't 'build something extraordinary' working 38 hours a weekSam Altman Says If Jobs Gets Wiped Out, Maybe They Weren’t Even “Real Work” to Start WithMarc Benioff Says Trump Should Send Guard Troops to San FranciscoRon Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’JPMorgan CEO Jamie Dimon Says There's a 'Heightened Degree of Uncertainty'Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to successLogitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directorsPlaid CEO says 'it's inevitable AI will drive our financial lives'Perret graduated from Duke University (BS, Chemistry, Biology) and previously served on the board of trusteesVerizon exec tells unemployed Gen Z they can always volunteer to stand out in the current bleak job market: ‘No one’s going to say no to free work’chief talent officer Christina SchellingFigure AI CEO Brett Adcock says the robotics company is building 'a new species'Adcock received a Bachelor of Science in Business Administration from the University of FloridaLendingTree founder and CEO dies unexpectedly in weekend ATV accident at age 55Douglas Lebda: Chair/CEO, 20% shares, 78% influenceLead Independent DIrector Steven Ozonioa: Chairs Audit Committee and Chairs Compensation Committee; now the longest-tenured director (2011)SEC To Discourage ESG Shareholder Proposals MMGlass Lewis to End Share Voting Guidance Opposed by RepublicansGlass Lewis & Co. is ending its decades-long practice of providing recommendations for shareholder votes after receiving criticisms from Republican leaders for promoting pro-environmental, social and governance issues.Starting with the 2027 annual shareholder season, Glass Lewis will no longer give a “house view” on how investors should vote, according to a paper released by the firm.Instead, the firm’s more than 1,300 clients who oversee a combined $40 trillion will be making their own decisions on corporate resolutions.Glass Lewis had previously given voting recommendations for more than 30,000 annual meetings on everything from executive pay to climate goals. The research firm said 55% of US investors voted based on its guidance. In Europe, about a quarter followed the house view.Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJDuke University Has Officially Ended Its Full-Ride Scholarship For Black Students In Need Of Financial AssistanceBoard of Trustees (34: 14F20M)Duke President and Students (4):Vincent E. Price, President, Duke UniversityAndrew Greene*Sydney HuntRickard StureborgGod people from the same church (2):*Gregory V. Palmer – Retired Bishop, The United Methodist Church*Connie Mitchell Shelton – Bishop, United Methodist ChurchA journalist who also sits on the board of an insurance company (1):Ann Pelham – director of Canal Insurance Company since 2004Business Bros (27)Adam Silver – Commissioner, National Basketball AssociationMary T. Barra – Chair and CEO, General Motors CompanyEddy H. Cue – SVP of Services, AppleAmy Abernethy – Co-Founder, Highlander HealthMelissa Bernstein – Co-Founder, Melissa & Doug; Co-Founder, LifelinesMichael J. Bingle – Vice Chairman, Silver Lake Group*Lisa M. Borders – CEO, LMB Group, LLCTim Cook – CEO, AppleNancy-Ann DeParle – Managing Partner & Co-Founder, Consonance Capital PartnersAndrew H. Dillon – Attorney and Shareholder, Nathan Sommers Gibson DillonAnne Faircloth – President, Faircloth Farms*Grant H. Hill – Chairman, Hill VenturesKathryn A. Hollister – Retired Partner, Deloitte*Karen M. King – Managing Director & COO, Silver LakeGarheng Kong – Founder & Managing Partner, HealthQuest CapitalThomas H. Lister – Retired Senior Partner and Co-Managing Partner, PermiraSharon Marcil – Managing Director & Senior Partner & North America Regional Chair, Boston Consulting GroupPatricia R. Morton – formerly of JPMorgan and Deutsche BankDavid R. Peeler – Senior Advisor, Berkshire PartnersJ.B. Pritzker – Governor, State of Illinois (public official, but also billionaire businessman)Michael G. Rhodes – CEO, Ally FinancialNancy M. Schlichting – Retired CEO, Henry Ford Health System (corporate/health system executive)Michael R. Stone – Firm Partner, TPG (private equity executive)L. Frederick Sutherland – Retired EVP & CFO, ARAMARK CorporationDavid S. Taylor – Senior Advisor, Clayton Dubilier & Rice LLCJeffrey W. Ubben – Founder & Managing Partner, Inclusive Capital PartnersJames C. Zelter – President, Apollo ...
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