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☆ Rudy Giuliani scores rare legal win as judge dismisses bankruptcy case — but a countdown timer is ticking
▼ + stars: | 2024-07-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewThe judge overseeing Rudy Giuliani's bankruptcy granted him a rare legal win. But there's a catch: Giuliani isn't allowed to file for bankruptcy again over the next 12 months. AdvertisementOver the past few months, Giuliani has filed inconsistent financial statements and appeared to squirrel away streams of income, his creditors have complained. AdvertisementThe draft order provided by Giuliani's legal team included a line that would forbid the 80-year-old from filing for bankruptcy again for one year. But the legal team representing the so-called "unsecured creditors" — including Dominion Voting Systems and Dunphy — objected to dismissing the bankruptcy case.

Persons: —, Rudy Giuliani's, Giuliani, Noelle Dunphy, Ruby Freeman, Wandrea Moss, Sean H, Lane, we've, — Giuliani, Freeman, Moss, Eric J, Snyder, Wilk Auslander, Dunphy, Dunphy —, Rudy Giuliani, Donald Trump, Chip Somodevilla, Dunphy's, Justin Kelton Organizations: Service, New, New York City, Business, of, Wilk, Dominion Voting Systems Locations: New York, Washington, DC, Georgia, Manhattan, Florida, of New York, Washington ,, Arizona

☆ Rudy Giuliani interrupts his own bankruptcy hearing, yelling it's 'defamatory' to accuse him of bankruptcy fraud
▼ + stars: | 2024-07-10 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Keeping the case in bankruptcy court would inevitably lead to Giuliani hiding his assets and being charged with bankruptcy crimes, Strickland said. AdvertisementGiuliani's attorneys appeared in person in Manhattan's bankruptcy court for the hearing, but Giuliani himself called in by phone. "Alright, someone's got a live microphone, and that's not a good situation," the bankruptcy judge said. "Your honor, this is the Rudolph Giuliani," Giuliani said amid the static of his phone. AdvertisementThe judge said he'll probably dismiss Giuliani's bankruptcy caseWednesday's bankruptcy hearing comes at a major turning point for Giuliani's bankruptcy process — where he may actually score a major legal win.

Persons: —, Rudy Giuliani, Rachel Strickland, Giuliani, Strickland, Ted, Ted Goodman, someone's, that's, Sean H, Lane, Rudolph Giuliani, Gary Fischoff, Fischoff, he'll, Giuliani's, defaming Ruby Freeman, Wandrea Moss, Noelle Dunphy, Ruby Freeman, Jacquelyn Martin, Freeman, Moss, we've, Philip Dublin, Dunphy, Dominion —, liquidating, Justin Kelton, Donald Trump Organizations: Service, Business, defaming, Voting Systems, Capitol, AP, New, New York City, Dominion Locations: Georgia, Washington ,, New York, Arizona

☆ Here's where the jobs are for March 2024 — in one chart
▼ + stars: | 2024-04-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Health care and social assistance were the top sector for job gains — a common theme in recent years — adding 81,300 jobs. The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth. Within health care, ambulatory services and hospitals combined to add 55,000 jobs, according to the Bureau of Labor Statistics. The Bureau of Labor Statistics noted that the labor force participation has changed little in the past year despite consistent upside surprises for job gains. It's been the key to rebalancing the labor market.

Persons: It's, we've, Stephanie Kelton Organizations: Bureau of Labor Statistics ., BLS, Labor Statistics, Brook University Locations: U.S

☆ Odey Asset Management to close, website statement reads
▼ + stars: | 2023-10-31 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

Hedge fund manager Crispin Odey uses his phone outside of Hendon Magistrates' Court whilst facing one charge of indecent assault, in Hendon, London, Britain February 17, 2021. REUTERS/Toby Melville/ File Photo Acquire Licensing RightsLONDON, Oct 31 (Reuters) - Odey Asset Management, one of Britain's best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six months after its founder faced fresh allegations of misconduct. Crispin Odey, 64, was ousted in June from Odey Asset Management (OAM), which he founded in 1991, after the Financial Times and Tortoise Media reported that 13 women had alleged that he had sexually assaulted or harassed them. Where each fund manager would move, or if their fund was closed without finding an alternative home, was detailed on the hedge fund's website. No new fund manager for Sophia Whitbread, the only female portfolio manager listed, was named.

Persons: Crispin Odey, Toby Melville, Odey, James Hanbury, Jamie Grimston, Oliver Kelton, Freddie Neave, Geoffrey Marson, Canaccord Genuity, Adrian Courtenay, Green, Sophia Whitbread, Peter Martin, Nell Mackenzie, Alun John, Mark Potter Organizations: Hendon Magistrates, REUTERS, Odey, Management, Odey Asset Management, Financial Times, Tortoise Media, Asset Management, Lancaster Investment Management, Reuters, Inc, Bainbridge Partners, Thomson Locations: Hendon, Hendon , London, Britain, S.W, Mitchell

☆ U.S. debt is nearly $33 trillion. But some economists say not all debt is bad.
▼ + stars: | 2023-09-10 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +3 min

The U.S. national debt is sitting at nearly $33 trillion dollars. "The public debt has always been used for emergencies. The national debt increased by more than 89% since the beginning of the pandemic, with many top economists in agreement that 2020 was not the time to worry about the debt. Servicing the debt can become difficult when interest rates are higher. The Federal Reserve has been increasing interest rates since March 2022 with the goal of slowing down economic activity.

Persons: Kris Mitchener, William Gale, Michael Peterson, Peter G, Lori Esposito, Murray, Stephanie Kelton Organizations: U.S, Leavey School of Business, Santa Clara University, Brookings Institution, Peterson Foundation, Economic Develop, Conference Board, Economic Development, The Conference Board, Federal Reserve, Stony Brook University Locations: U.S

☆ Giuliani Maligns Jews and Women in Transcript Filed in Harassment Case
▼ + stars: | 2023-08-03 | by ( Jonah E. Bromwich | More About Jonah E. Bromwich | ) www.nytimes.com time to read: +1 min

The woman, Noelle Dunphy, filed a lawsuit in May claiming that Mr. Giuliani, the former mayor of New York City, began harassing and assaulting her shortly after he hired her in January 2019. Mr. Giuliani has responded that Ms. Dunphy was never his employee and that the two had a consensual relationship. Ms. Dunphy said in her lawsuit that she had audio recordings that supported her claims. In the transcripts filed on Tuesday by Ms. Dunphy’s lawyer, Justin T. Kelton, Mr. Giuliani uses a homophobic slur, makes disparaging remarks about Jews and women and uses sexually explicit language in conversation with Ms. Dunphy. In one excerpt, he complains that the Jewish people continue to celebrate the ancient holiday of Passover.

Persons: Donald J, Trump, Rudolph W, Giuliani, Noelle Dunphy, Mr, Dunphy, Ms, Justin T, Kelton Locations: New York City

☆ Wild transcripts show Rudy Giuliani made lewd comments to his rape accuser, insulted Jewish mens' genitals, and accused Matt Damon of being gay
▼ + stars: | 2023-08-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

These are my tits," Giuliani told Dunphy on March 12, 2019, according to one transcript filed as a court exhibit. "I want to own you, officially," Giuliani told Dunphy according to a March 4, 2019 transcript, punctuated by her affirmative response. "I can't think about you or I get hard," Giuliani told Dunphy, according to the transcript. We've had this like, affair for two years and I'm friendly with her husband," Giuliani told Dunphy, according to the transcript. According to other transcripts, Giuliani claimed Jewish men have small penises compared to Italians (Giuliani is Italian) and complained about Jewish religious holidays.

Persons: Rudy Giuliani, Giuliani, Noelle Dunphy, Donald Trump, Dunphy, Mr, Maria Ryan, Justin Kelton, Dunphy's, Giuliani didn't, sapiosexuality, Trump, Kelton, Alex Wong, Ryan, We've, Ryan couldn't, Bob, Michael Bloomberg, Matt Damon, Damon Organizations: Service, New, FBI, Bloomberg Locations: Wall, Silicon, New York, Italian, Egypt

☆ Rudy Giuliani is in settlement talks with sexual abuse accuser Noelle Dunphy
▼ + stars: | 2023-07-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Rudy Giuliani is in talks to settle a sexual abuse lawsuit brought by Noelle Dunphy. Katz was arguing that Giuliani shouldn't be forced to pay fees for improperly trying to move Dunphy's lawsuit from Manhattan state court to federal court. The case was sent back to New York state courtIn June, Katz tried to move the case to federal court. US District Judge Edgardo Ramos sent the case back to state court during the court conference on Friday, after Katz backtracked on the move. He told Insider that he looks "forward to prosecuting this case in New York State Court where it belongs."

Persons: Rudy Giuliani, Noelle Dunphy, Dunphy, —, Giuliani's, Adam S, Katz, Giuliani shouldn't, Justin Kelton, Kelton, Giuliani, Donald Trump, Edgardo Ramos, Katz backtracked, Ramos, I'm, Judge Ramos, Joe Biden, Jack Smith, Trump, Biden Organizations: Service, New, New York City, FBI, Court, New York, Voting Systems, Trump, Justice Locations: New York, Manhattan, Florida, New, Smartmatic, Washington, Pennsylvania

A spokesperson for the hedge fund declined further comment on Thursday. Big banks typically agree terms with hedge funds that allow them to cut ties at short notice, five sources from prime brokerages and hedge funds told Reuters. Prime brokerages may now refine due diligence processes and perform more thorough background checks on hedge funds, said Jim Neumann, chief investment officer of Sussex Partners, which advises investors on how they give their money to hedge funds. But many of these agreements mainly focus on the financial viability of the hedge fund, two of the sources said. One hedge fund manager said he was asked in his due diligence with the bank if he was approved by the UK regulator, the Financial Conduct Authority.

Persons: Banks, Crispin Odey, Goldman Sachs, Morgan Stanley, MS.N, Odey, Epstein, Michael Oliver Weinberg, JPMorgan Chase, JPM.N, Jeffrey Epstein, Bill Hwang, brokerages, Jim Neumann, Neumann, Archegos, Erika Kelton, Phillips, Cohen, Nell Mackenzie, Kirstin Ridley, Carolina Mandl, Dhara Ranasinghe, Elisa Martinuzzi, Matthew Lewis Organizations: Wall, Odey, Management, Financial Times, Tortoise Media, JPMorgan, Odey Asset Management, Reuters, CMT, Archegos Capital Management, Sussex Partners, UBS, Financial, Authority, Thomson Locations: London, New York

☆ Odey Asset Management sets out replacement plans for Crispin Odey
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

LONDON, June 11 (Reuters) - Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing "personal and economic involvement" with the founder, following allegations of sexual misconduct, said a letter seen by Reuters on Sunday. Freddie Neave will take over full responsibility of the Odey European Inc (OEI) and OEI Mac funds. James Hanbury will assume leadership of the LP Odey Opus Fund and Oliver Kelton will take the Odey Pan European Fund. Odey Swan Fund will be taken on by Neave as an interim leader before a final fund manager is decided upon by the board, said the letter. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations by 13 women that Odey had sexually assaulted or harassed them over a 25-year period.

Persons: Crispin Odey, Freddie Neave, James Hanbury, Oliver Kelton, Neave, Odey, Nell Mackenzie, Marguerita Choy Organizations: Odey, Reuters, Sunday, Pan European, Financial Times, Thomson

☆ Rudy Giuliani asks judge to toss 'salacious' references to his appearance in 'Borat' movie, denies making racist remarks and selling pardons in response to ex-staffer's sex-abuse lawsuit
▼ + stars: | 2023-06-07 | by ( Jennifer Cunningham | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani asked a judge to toss parts of the sex-abuse lawsuit against him. Giuliani also denied selling pardons for Trump and making discriminatory remarks. Those claims, Giuliani said, are either false or don't bolster Dunphy's underlying claims that he sexually assaulted her. According to Dunphy's lawsuit, Giuliani behaved the same way in his apartment with her and then forced her to give him oral sex. Noelle Dunphy's lawsuit includes allegations of sexual abuse, using Rudy Giuliani's presence in the "Borat" sequel as a reference point.

Persons: Rudy Giuliani, Giuliani, —, Noelle Dunphy's, Dunphy, Donald Trump, Rudy Giuliani's, Noelle Dunphy, Adam Katz, –, Dunphy's, Justin Kelton, Giuliani's Organizations: Trump, Service

☆ Rudy Giuliani hit with bombshell rape lawsuit; ex-staffer says he demanded oral sex while he took calls from Trump
▼ + stars: | 2023-05-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Rudy Giuliani has been hit with a bombshell lawsuit by a former staffer who alleges he raped and abused her. Giuliani demanded that she give him oral sex as he took speakerphone calls from then-president Trump, she alleges. "He often demanded oral sex while he took phone calls on speaker phone from high-profile friends and clients, including then-President Trump," ex-staffer Noelle Dunphy claims in the 70-page lawsuit filed Monday. Giuliani told her that he and Trump "would split" the fee, the lawsuit alleges. We are proud to support Ms. Dunphy in her brave pursuit of this matter."

☆ The SEC just paid out nearly $279 million to a tipster in its largest-ever award. Here's an inside look at the crazy world of whistleblower lawsuits.
▼ + stars: | 2023-05-08 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +11 min

The regulator announced a nearly $279 million award to a whistleblower on May 5, more than double the previous record of $114 million awarded in October 2020. When whistleblower information leads to settlements, tipsters can earn between 10 and 30 percent of the financial penalties paid by wrongdoers. When whistleblower information leads to settlements, the tipsters can earn a percentage of the financial penalties paid by wrongdoers. The tipster's law firm, Kirby McInerney, worked with state authorities on the investigation after "Tooley's" lawsuit was filed. This means tax-fraud whistleblowers will increasingly look for ways to bring their tips to New York law enforcement to be more involved in the investigation process.

☆ I have a 6-figure side hustle as a user-generated-content creator. It only takes a few hours a week — here's how I scaled it.
▼ + stars: | 2023-03-17 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +8 min

I'm a creative director with a part-time gig as a user-generated-content, or UGC, creator. Between then and May 2016, I worked part time, lived at home, and built my UGC portfolio. I make my UGC ads feel naturalAlthough my UGC concepts are launched as ads, I make them feel like your friend posted it. As a UGC creator, you have to be aware of the latest social trends and nuances in marketing. What you choose to do after these gut punches is what separates the UGC creator who gave up after two weeks from the creator who makes four or five figures a month.

☆ How rising-star athletes balance sports and content creation, even as the tech implosion disrupts lucrative brand deals
▼ + stars: | 2023-02-15 | by ( Elaine Low | Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

Social media, content creation, and lucrative branding deals offer a new path to fame and fortune. Top agents and managers working with athletes on content said it can be tricky to balance with training. Chasing content deals can be a distraction from the sport, and the industry-wide layoffs across tech companies from Twitter to Meta to Amazon mean that opportunities for influencer revenue are facing a slowdown. Fresno State basketball stars Haley and Hanna Cavinder, for instance, have a number of lucrative brand deals under their belts. A lot more athletes may not get deals if they don't have content creation, social media followings, or brand building."

☆ Biden billionaire tax policy is not desirable for U.S. economy, says Alex Brill
▼ + stars: | 2023-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden billionaire tax policy is not desirable for U.S. economy, says Alex BrillStephanie Kelton, Stony Brook University professor of economics & policy, and Alex Brill, a senior fellow at the American Enterprise Institute for Public Policy Research, join 'Squawk Box' to discuss how it's possible to create a wealth tax, how to avoid double taxation and more.

☆ Two experts discuss what happens to inflation in 2023
▼ + stars: | 2022-12-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo experts discuss what happens to inflation in 2023Andrew Olmem, former deputy assistant to the president for economic policy, and Stephanie Kelton, economics professor at SUNY Stony Brook, join CNBC's 'Squawk Box' to break down their economic outlooks for 2023.

☆ Top 25 roundup: Michigan State nips No. 4 Kentucky in 2 OTs
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +6 min

Sahvir Wheeler added 16 points, Cason Wallace scored 14 and Jacob Toppin provided 10 for the Wildcats (2-1). Jeremy Roach added 16 points while playing the full 40 minutes, but he hit only 6 of 17 field-goal attempts. Dayton was led by Kobe Elvis, who had 16 points and seven rebounds, while Mike Sharavjamts finished with 14 points. It was the Huskies' first triple-double since Daniel Hamilton totaled 11 points, 11 rebounds and 11 assists against Central Connecticut State on Dec. 23, 2015. Armoni Foster and Kidtrell scored 11 points apiece for the Bulls (1-2).

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