User Tools

Site Tools


diary:2024-11:2024-11-20

2024-11-20

Notes from https://www.bloomberg.com/news/features/2024-11-18/kraft-mac-cheese-sales-fall-as-shoppers-ditch-classic-us-brands

  • private label store brands, like Costco’s Kirkland and Target’s Market Pantry
  • \$45 body wash from Aesop and a \$15 pesto sauce

Notes from https://uk.finance.yahoo.com/news/archegos-bill-hwang-sentenced-massive-111355226.html?guccounter=1

  • Archegos' Bill Hwang sentenced to 18 years in prison for massive US fraud
  • Sam Bankman-Fried was sentenced in March 2024 to 25 years in prison for stealing $8 billion from users of the now-bankrupt FTX exchange.

Notes from https://www.bloomberg.com/news/articles/2024-11-20/archegos-hwang-faces-sentence-for-crimes-that-shook-wall-street?sref=AHVQoNEd

  • Goldman was one of the few Archegos counterparties that emerged relatively unscathed, and it was revealed at trial that the bank benefited from a huge mistake Archegos made in its frantic final days. Tasked with withdrawing $470 million from its Goldman trading account, an Archegos employee actually wired that amount instead.

Notes from https://www.wsj.com/opinion/musk-and-ramaswamy-the-doge-plan-to-reform-government-supreme-court-guidance-end-executive-power-grab-fa51c020?mod=hp_opin_pos_0

  • Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home.
diary/2024-11/2024-11-20.txt · Last modified: 2024/11/20 22:24 by raju