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☆ Is indicted Chinese billionaire tycoon Guo Wengui secretly bankrolling George Santos's bail?
▼ + stars: | 2023-06-01 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

In recent months, he's become supportive of exiled Chinese tycoon and Republican patron Guo Wengui. There's a very strong chance that one person putting up the money — directly or indirectly — is the jailed exiled Chinese billionaire tycoon Guo Wengui. Even Ghislaine Maxwell and SBF didn't get this kind of secrecySantos certainly doesn't want us to know who these bond sponsors are. (An affinity for using multiple names, which are variations of each other, is something Guo shares with George Anthony Devolder Santos.) So, is Guo one of Santos's bail sponsors?

Persons: George Santos's, you'll, Santos, he's, Guo Wengui, —, George Santos, Ghislaine Maxwell, SBF didn't, Joanna Seybert, Jeremy A, Chase, Alexandra Settelmayer, Davis Wright Tremaine, Lokman Vural, Sam Bankman, Larry Kramer, Andreas Paepcke —, Lewis Kaplan, Jeffrey Epstein, Epstein, Maxwell, Guo, Steve Bannon, Forbes, Miles Kwok, Carlo Allegri, Bannon, Miles Guo, George Anthony Devolder Santos, Cait Corrigan, Santos didn't, Joe Murray, Guo didn't, Santos doesn't Organizations: Service, Rep, Republican, New York Times, US, Federal, Anadolu Agency, Getty, Stanford University, REUTERS, New Federal, Chinese Communist Party, Law Foundation, Law Society, Santos, Justice Department Locations: New York, Long, Santos, Washington, DC, Central Islip, Central Islip , New York, Manhattan, United States, China, New Federal State of China, New Federal State

☆ GOP megadonor Harlan Crow says he doesn't understand the Supreme Court enough to talk law with Clarence Thomas. He says they chat about Motown.
▼ + stars: | 2023-05-22 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

The GOP megadonor said he knows too little about the law to discuss Supreme Court cases with Thomas. He told The Atlantic he isn't a "law guy" and instead chats with Thomas about Motown and sports. But in an interview with The Atlantic, Crow brushed off any accusations of corruption or impropriety with an unusual defense — his ignorance. Being friends means that "work-related issues" do occasionally come up in conversation, Crow told The Atlantic. Those conversations were casual and not about jurisprudence, he said, with Crow describing the discussion of specific Supreme Court cases as "off limits."

☆ Paramount Can’t Say No to the Man Behind ‘Yellowstone’: $50,000 a Week for His Ranch, $25 Per Cow
▼ + stars: | 2023-05-05 | by ( Erich Schwartzel | Joe Flint | ) www.wsj.com time to read: 1 min

No one on the set of “Yellowstone” could figure out why the show was paying a horse wrangler who was more than 1,600 miles away. It was May 2022, and the Paramount Network blockbuster western was gearing up for a fifth season that was, by all accounts, expected to be another hit—both for its all-powerful creator, Taylor Sheridan, and Paramount Global , the media conglomerate bankrolling his operation.

☆ If Charles wants a coronation, he should pay for it himself
▼ + stars: | 2023-05-05 | by ( Opinion Ahmed Twaij | ) edition.cnn.com time to read: +6 min

If Charles III wants the pomp and ceremony of a coronation, he should instead use a negligible portion of the vast sums of money he has accrued over the years thanks to his birth-given status as a royal. Spain’s last formal coronation was all the way back in 1555, while Belgium’s monarchy doesn’t even have a crown with which to conduct a coronation. It also found that a plurality of 45% believe Charles is “out of touch” with the experiences of the public. However, these tourist dollars might well continue whether or not the royal family does. Maybe if a tighter budget is applied to the British royal family, Charles rather than taxpayers will be paying the next time he opts to board a £32,000 ($40,200) charter flight to attend a James Bond premiere.

☆ Judge seals filings over whether billionaire Democratic donor is bankrolling E. Jean Carroll's rape lawsuit against Trump
▼ + stars: | 2023-04-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

E. Jean Carroll's rape lawsuit against former President Donald Trump goes to trial next week. A federal judge sealed documents related to whether billionaire Reid Hoffman funded Carroll's suit. Alina Habba, an attorney representing Trump in the lawsuit, told Insider she would oppose the decision. On April 13, Habba asked Judge Kaplan (who is not related to Carroll's lawyer) again to delay the trial and reopen the discovery process in the case. Trump's attorneys haven't yet said whether the former president will attend the trial, and Judge Kaplan isn't forcing him to.

☆ Trump again asks to delay the E. Jean Carroll rape case — this time to probe billionaire Reid Hoffman's support for the litigation
▼ + stars: | 2023-04-13 | by ( Ashley Collman | ) www.businessinsider.com time to read: +6 min

Trump's lawyers asked to delay the E. Jean Carroll battery and defamation trial a month on Thursday. It is unclear how much of Reid's money granted through his nonprofit was used by Kaplan Hecker & Fink for the Carroll case. Seth Wenig/APOn Tuesday, Trump's lawyers asked the judge for a one-month delay to allow the "media frenzy" around his arrest to die down. Judge Kaplan has also complained about numerous attempts to delay the case in the past. But that litigation has been in limbo while appeals courts weigh in on whether Trump can even be sued in that case.

☆ Secret negotiations and a 'hostage' situation: Republicans and Democrats still can't agree on a plan to save Americans from a debt ceiling catastrophe in just a few months
▼ + stars: | 2023-04-04 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The US could default on its debt this summer if Congress doesn't raise the debt ceiling. But Democrats are accusing the GOP of holding the debt ceiling "hostage," as they have yet to put forth a concrete plan. Republicans have floated a range of areas in which they would support cutting spending to raise the debt ceiling. "Republicans are STILL holding the debt ceiling hostage," Congressional Progressive Caucus Chair Pramila Jayapal wrote on Twitter. Democratic lawmakers have previously highlighted the catastrophe for Americans that will likely result should Congress fail to raise the debt ceiling.

☆ Couples tells LIV members stop bashing PGA and play golf
▼ + stars: | 2023-04-03 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

After signing up with the Saudi backed LIV circuit, some members delighted in taking shots at the PGA Tour as they left their old work place. "If one wants to stop and ask why I'm picking on them, then I'm all for it," said Couples after his Monday practice round. "I just don't think they should bash the PGA Tour or anybody, just go play golf." Three-times Masters champion Phil Mickelson and 2017 Green Jacket winner Sergio Garcia have both been critical of the PGA Tour and the target of Couples' barbs. Speaking at a Champions Tour breakfast, Couples took a shot at Mickelson and Saudi Arabia's Public Investment Fund that is bankrolling the LIV Tour.

☆ Mike Lindell says he had to borrow $10 million last year to keep MyPillow afloat — and that he's running out of cash, too
▼ + stars: | 2023-03-16 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

MyPillow CEO Mike Lindell told Insider he had to borrow $10 million in 2022 to keep MyPillow afloat. Lindell said that to stay liquid, he also sold a building for $2 million, and borrowed $2 million. Lindell says he's burning through $1 million dollars every month on causes related to voter fraud. "I sold a building I had in Savage, in Minnesota, in October," Lindell told Insider. Lindell told Insider some creature comforts — like his private jet, which had a door come off it in October — haven't been sold yet.

[1/2] A Ukrainian serviceman rides inside a truck with artillery shells, amid Russia's attack on Ukraine, near a frontline in Zaporizhzhia region, Ukraine January 5, 2023. EU foreign ministers are expected to discuss the idea of joint procurement of 155-millimetre artillery shells – badly needed by Kyiv – at a meeting in Brussels on Monday. DEPLETED STOCKPILESA joint procurement effort would aim to replenish the stockpiles of Kyiv's allies, badly depleted after a year of supplying munitions to help Ukraine fight Russia's invasion. NATO Secretary-General Jens Stoltenberg said this week Ukraine was using up artillery shells faster than its allies could currently produce them. Diplomats and officials did not specify how much the EU might spend on joint procurement.

[1/2] A Ukrainian serviceman rides inside a truck with artillery shells, amid Russia's attack on Ukraine, near a frontline in Zaporizhzhia region, Ukraine January 5, 2023. EU foreign ministers are expected to discuss the idea of joint procurement of 155-millimetre artillery shells – badly needed by Kyiv – at a meeting in Brussels on Monday. DEPLETED STOCKPILESA joint procurement effort would aim to replenish the stockpiles of Kyiv's allies, badly depleted after a year of supplying munitions to help Ukraine fight Russia's invasion. NATO Secretary-General Jens Stoltenberg said this week Ukraine was using up artillery shells faster than its allies could currently produce them. Diplomats and officials did not put a figure on how much the EU might spend on joint procurement.

☆ Mike Lindell says he wants to work with the RNC to run an election crimes unit — after getting only 4 votes for RNC chair
▼ + stars: | 2023-01-31 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Mike Lindell wants to work with the RNC to set up an "election crimes unit." "Later in the week, we're setting up the election crime unit, Steve. "Well, when you work with me, it's election crime, not a weak word like election integrity. It's called the election crime," Lindell said. It's unclear what Lindell's proposed election crime unit would do.

☆ A judge ordered the unsealing of Sam Bankman-Fried's 2 anonymous bail sponsors — but says they have a week to appeal
▼ + stars: | 2023-01-30 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

A federal judge agreed to unseal the names of Samuel Bankman-Fried's two anonymous bail sponsors. The judge pointed out that the sponsors waded into a highly public criminal case. "The non-parental bail sureties have entered voluntarily into a highly publicized criminal proceeding by signing the individual bonds," Kaplan wrote in his ruling on Monday. According to the rules of their bail agreement, one of those additional sponsors couldn't be a family member, according to court filings. A group of media organizations, including Insider, argued that the public had a right to know who was bankrolling Bankman-Fried's bail.

☆ Who are the two people who helped bail out Sam Bankman-Fried? Insider and other media organizations are asking a judge to unveil the secret
▼ + stars: | 2023-01-12 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

News organizations, including Insider, are asking a court to unveil Sam Bankman-Fried's bail backers. Bankman-Fried's lawyers told the court earlier this month that the backers of his release should stay secret for their "privacy and safety." At Bankman-Fried's January 3 arraignment hearing, Kaplan had granted a request from Bankman-Fried's lawyers to keep the names and addresses of those two people under seal. Christian Everdell, one of Bankman-Fried's lawyers, also represented Maxwell in her criminal case. But lawyers representing the media organizations said the cases were significantly different.

☆ Who are the 2 people who helped bail out Sam Bankman-Fried? Insider and other news organizations asked a judge to unseal their names.
▼ + stars: | 2023-01-12 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

News organizations, including Insider, are asking a court to unveil Sam Bankman-Fried's bail backers. Bankman-Fried's lawyers told the court earlier this month that the backers of his release should stay secret for their "privacy and safety." The two other backers sponsored "separate bonds in lesser amounts," according to a court filing earlier this month by Bankman-Fried's lawyers. At Bankman-Fried's January 3 arraignment hearing, Kaplan had granted a request from Bankman-Fried's lawyers to keep the names and addresses of those two people under seal. Christian Everdell, one of Bankman-Fried's lawyers, also represented Maxwell in her criminal case.

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ Vegan canapes and fat donations: How Sam Bankman-Fried won Washington before he lost everything
▼ + stars: | 2022-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +13 min

Everybody was trying to get in,” said one source close to the Bankman-Frieds’ political operation who requested anonymity to speak candidly. Attempts to contact Sam Bankman-Fried for this article were unsuccessful. Sam Bankman-Fried’s mentor and the spiritual leader of Effective Altruism has disowned him. Sam Bankman-Fried is a Democrat, and he spent at least $40 million supporting the party. Some of the biggest recipients of Bankman-Fried’s money did not respond to NBC News when asked about donations they received.

☆ Blackrock shelves China bond ETF - FT
▼ + stars: | 2022-11-13 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermid(Reuters) -Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said on Saturday. The world’s largest money manager has “indefinitely” shelved the ETF, the newspaper said, citing people familiar with the decision. Reuters had reported earlier in April that BlackRock was planning to launch its first product in China’s $220 billion onshore ETF market later this year and had started hiring staff accordingly. The first Blackrock ETF product was scheduled for the fourth quarter, Reuters reported, which would add to 6.8 billion yuan ($1.07 billion) worth of assets the company manages through two mutual funds with investments in Chinese and Hong Kong stocks. ($1 = 7.1066 Chinese yuan renminbi)

☆ Amazon appears to be polling Americans on how they think it treats warehouse workers amid labor uprisings
▼ + stars: | 2022-10-20 | by ( Katherine Long | ) www.businessinsider.com time to read: +3 min

A poll to Americans asked about their perception of pay, safety, and benefits at Amazon warehouses. The bulk of the poll focuses on how respondents perceive Amazon's efforts to improve conditions for its warehouse employees. Market research company Survey 160, a consulting firm co-founded by Obama digital strategy alum Nate Lubin, is conducting the survey, according to a text message to a survey participant seen by Insider. Since then, Amazon has expanded a new workplace safety program, raised wages, and boosted upskilling opportunities for frontline workers. Warehouse activists have in the past two years stepped up complaints over Amazon's grueling productivity expectations, safety risks, and attitude toward organized labor.

☆ Europe is still quietly importing Russian nuclear energy
▼ + stars: | 2022-10-14 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

On presenting its latest sanctions package, the European Commission did not propose targeting the trade of Russian nuclear fuel. Hungary and Bulgaria were the most vocal in opposing sanctions on Russian uranium and other nuclear tech last week, according to Rodrigo. "Russian nuclear terror requires a stronger response from the international community - sanctions on the Russian nuclear industry and nuclear fuel," Zelenskyy said via Twitter at the time. Mikhail Metzel | Afp | Getty ImagesThere are 18 Russian nuclear reactors in Europe, in countries including Finland, Slovakia, Hungary, Bulgaria and the Czech Republic. How 'green' is nuclear energy?

☆ 'Amsterdam' review: Christian Bale, John David Washington and Margot Robbie head the star-studded cast in David O. Russell's historical satire
▼ + stars: | 2022-10-07 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +4 min

CNN —“Amsterdam” certainly doesn’t suffer from a lack of ambition, and the star-studded cast merely adds to that sense of grandeur. Burt (Christian Bale), a part-Jewish Park Avenue doctor whose in-laws disapprove of him, and Harold (John David Washington) bonded while serving together during World War I, where they met up with a free-spirited nurse, Valerie (Margot Robbie) who fell for Harold, forging a seemingly inseparable trio. Recovering from their war injuries, they took refuge in Amsterdam, a place where the world’s concerns – including those involving race – appeared to shrink away. Christian Bale, Margot Robbie and John David Washington in 'Amsterdam.' “This is so strange,” Burt mutters at one point, which turns out to be an inadvertent commentary on the film itself.

☆ Mike Lindell is suing the FBI, saying they violated his 'First, Fourth, Fifth, and Sixth Amendment' rights by seizing his phone
▼ + stars: | 2022-09-21 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

MyPillow CEO Mike Lindell is suing the FBI and DOJ for seizing his phone. Lindell says the FBI and DOJ violated his First, Fourth, Fifth, and Sixth Amendment rights. Represented by a legal team including conservative lawyer Alan Dershowitz, Lindell's suit claims the FBI violated his "First, Fourth, Fifth, and Sixth Amendment" rights. he told Insider. Lindell told Insider that had the FBI approached him at night, he would have "bashed" his way through their cars with his pickup truck.

☆ Trump's most important 2016 donor is sitting out 2020
▼ + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +20 min

Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.

Nearly 80% of American parents financially support their adult children, according to a 2018 Merrill Lynch survey. A 2018 Merrill Lynch survey revealed that 79% of US parents provide financial support to their adult children, contributing to $500 billion spent annually. According to the Merrill Lynch survey, parents today are largely helping out with food and groceries, cell phone bills, and car expenses. Many parents surveyed would make various financial sacrifices for their adult children. When it comes to homebuying, 26% of parents told Merrill Lynch they would help their child with a down payment.

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