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AdvertisementTrump wants the power to refuse to spend federal dollars that Congress has already approved. Impoundment has been floated as one way that Trump could singlehandedly enact DOGE's recommended cuts to the federal budget. Meanwhile, lawmakers on Capitol Hill — including those on the House and Senate Appropriations Committees that control government spending — don't seem concerned about Trump's impoundment power grab just yet. He added that there "would be a problem" if Trump tried to impound funding approved by both chambers of Congress. AdvertisementWhat Trump could do with such sweeping powersEven if Congress won't grant Trump impoundment powers, he has another potentially more attractive avenue — the courts.
Persons: He's, Nixon, Elon Musk, Vivek Ramaswamy, Donald Trump, doesn't, it's, Richard Nixon, Trump, DOGE's, Republican Sen, Shelly Moore Capito, haven't, I've, Robert Aderholt, Rosa DeLauro, Mark Amodei, Joe Morelle, appropriators aren't, Tom Cole of Oklahoma, Mark Paoletta, there's, Daniel Schuman, Schuman, shouldn't, Vance, Karoline Leavitt Organizations: Trump, Congress, Department of Government, Capitol, Committees, Republican, West Virginia, Alabama, Democrats, Republicans, Senate, tinker, Nevada Republican, Democratic, GOP, The Washington, Trump administration's Office, Management, American Governance Institute Locations: West, Connecticut, Nevada, New York
SPRINGFIELD, Ill. AP —The Illinois Supreme Court on Thursday overturned actor Jussie Smollett’s conviction on charges that he staged a racist and homophobic attack against himself in downtown Chicago in 2019 and lied to police. Emailed messages seeking comment were sent Thursday to Foxx’s office and to Smollett’s attorney, who have argued that Smollett has been victimized by a racist and politicized justice system. Testimony at his trial indicated Smollett paid $3,500 to two men whom he knew from “Empire” to carry out the attack. A state appellate court ruling upheld Smollett’s conviction, declaring that no one promised Smollett he wouldn’t face a fresh prosecution after accepting the original deal. Illinois Supreme Court Chief Justice Mary Jane Theis and Justice Joy Cunningham took no part in Thursday’s decision.
Persons: Jussie, Smollett’s, Smollett, Elizabeth Rochford, , Kim Foxx’s, Prosecutors, Donald Trump’s, Mary Jane Theis, Joy Cunningham Organizations: Ill, AP, Smollett, Chicago, . Illinois Supreme Locations: SPRINGFIELD, Illinois, Chicago, Cook, “ MAGA
CNN —Brazilian authorities have indicted ex-president Jair Bolsonaro, accusing him of “full knowledge” of a 2022 plot to kill his successor, Luiz Inácio Lula da Silva, and overturn the results of the presidential election. On Thursday, Brazil’s federal police indicted 37 individuals including Bolsonaro, as part of the investigation into the fallout of the 2022 presidential elections, in which Bolsonaro’s bid for reelection was defeated, CNN Brasil reports. Police reportedly allege that Bolsonaro had “full knowledge” of a plan to prevent Lula and his government from taking office after his election victory. Earlier this week, Brazilian police arrested five people, including a former adviser to Bolsonaro, over the alleged plots. In October 2022, Lula narrowly beat Bolsonaro in the presidential election.
Persons: Jair Bolsonaro, Luiz Inácio Lula da Silva, Bolsonaro, Lula, Lula’s, Geraldo Alckmin, Alexandre de Moraes, Moraes, Mário Fernandes –, Bolsonaro’s, Flavio Bolsonaro, Organizations: CNN, CNN Brasil, Police, Supreme, Brazilian Locations: Brasilia
NEW ORLEANS — Louisiana’s plan to make all of the state’s public school classrooms post the Ten Commandments next year remains on hold under an order Wednesday by a federal appeals court in New Orleans. The state contends that deGravelles’ order affects only the five school districts that are defendants in a legal challenge. Jeff Landry signed the bill into law in June, prompting a group of Louisiana public school parents of different faiths to sue. Murrill, the Republican attorney general, has said she disagreed with deGravelles’ ruling and that the law is constitutional under Supreme Court precedents. In recent years, similar bills requiring the Ten Commandments to be displayed in classrooms have been proposed in states including Texas, Oklahoma and Utah.
Persons: John deGravelles, deGravelles, “ We’re, , Sam Grover, Liz Murrill, ” DeGravelles, Jeff Landry, Murrill Organizations: ORLEANS, U.S, Circuit, Appeals, District, Religion, , GOP, Republican Gov, Republican Locations: New Orleans, Baton Rouge, Louisiana, East Baton Rouge, Livingston, St, Tammany, Orleans, Vernon, , Texas , Oklahoma, Utah, Kentucky
Gautam Adani, India’s second-richest person, has been charged by U.S. federal prosecutors with fraud on accusations that he and several alleged co-conspirators sought to pay $250 million in alleged bribes to Indian officials. The defendants then “lied about the bribery scheme as they sought to raise capital from U.S. and international investors.”The scheme, according to prosecutors, occurred between 2020 and 2024. Gautam Adani, worth approximately $70 billion according to Forbes, heads the Adani Group, an industrial conglomerate that holds stakes in logistics and energy units. The findings from the short-seller, Hindenburg Research, caused Adani Group shares to tumble — but they ended up recovering following a favorable ruling related to the allegations by India’s Supreme Court. Adani has also received direct support from Indian Prime Minister Narendra Modi, something India’s opposition party has highlighted.
Persons: Gautam Adani, India’s, Attorney Breon Peace, , Adani’s, Sagar, Forbes, Adani, Narendra Modi, ” Hindenburg, Organizations: Attorney’s, , Attorney, Securities, Exchange Commission, Group, Adani, SEC, Green Energy Ltd, Hindenburg, Adani Group, India’s, Indian Locations: U.S, Brooklyn, United States
Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over from the pandemic. “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,” the two men wrote. The future of remote work for office-based employees is hotly debated. Some unionized federal workers have criticized Musk and Ramaswamy, saying they don’t know what they’re doing. Erwin said the two tech figures “make absurd claims about government waste and bash dedicated federal employees.” His union says it represents 110,000 federal employees.
Persons: Elon Musk, Vivek Ramaswamy, , Biden, Ramaswamy, Donald Trump, Musk, Randy Erwin, Erwin Organizations: Trump, Street, Management, of Government, SpaceX, CNBC, Tesla, National Federation of Federal Employees Locations: Washington
The Supreme Court on Wednesday rejected an attempt by Children's Health Defense, the anti-vaccine group founded by Robert F. Kennedy Jr., to protect doctors being investigated in Washington state for allegedly spreading misinformation about the Covid-19 virus. The emergency application was denied by Justice Elena Kagan on behalf of the court. Circuit Court of Appeals, declined to impose injunctions blocking investigations led by the Washington Medical Commission. The Supreme Court did not ask the state to file a response to the application, suggesting that it was deemed lacking in legal merit. Two doctors subject to investigations, Richard Eggleston and Thomas Siler, had joined Kennedy's group in asking the court to weigh in.
Persons: Robert F, Kennedy Jr, Elena Kagan, ” Rick Jaffe, Kennedy, Donald Trump, Richard Eggleston, Thomas Siler, Eggleston, Siler Organizations: Children's Health Defense, Department of Health, Human Services, Circuit, Washington Medical Commission Locations: Washington, San Francisco
Wednesday is Transgender Day of Remembrance, which focuses on trans people who have lost their lives because of violence. What is Transgender Day of Remembrance? Transgender Day of Remembrance is marked every Nov. 20 and began in 1999 to honor Rita Hester, a trans woman who was killed in Massachusetts. International Transgender Day of Visibility, which is designed to bring attention to transgender people, is commemorated in March. Rita Hester is pictured on a poster in Boston for Transgender Day of Remembrance.
Persons: Rita Hester, Jessica Rinaldi, Pauly, Jr, Donald Trump Organizations: Transgender, Williams Institute, UCLA Law, Boston Globe, Getty, Human, Rights, U.S, Supreme Locations: Massachusetts, U.S, Boston, Pennsylvania
On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia
CNN —A Democratic election official in Pennsylvania offered an impassioned apology Wednesday for claiming “precedent by a court doesn’t matter anymore in this country” to justify counting about 600 faulty ballots in defiance of state Supreme Court rulings. “I made a mistake, and because I am an elected official, I am held to a far higher standard than everybody else. Her prior comments about flouting court precedent took off on social media and were promoted widely by Trump allies like Elon Musk. In response to a lawsuit from the McCormick campaign, the Pennsylvania Supreme Court on Monday ordered counties to abide by its past rulings about the undated ballots. Patricia Poprik, chair of the Bucks County Republican Party, on Wednesday said the board’s actions overshadowed the hard work of county election workers.
Persons: CNN —, Diane Ellis, Marseglia, , ” Ellis, Donald Trump –, Ellis, , Elon Musk, Democratic Sen, Bob Casey, Dave McCormick, Robert Harvie, Roe, Wade, McCormick, Josh Shapiro, ” Shapiro, Patricia Poprik, Poprik, ” Poprik, it’s, ” CNN’s Danny Freeman Organizations: CNN, Democratic, Trump, GOP, Republican, Bucks County Republican Party Locations: Pennsylvania, Bucks
AdvertisementLawyers for Donald Trump on Wednesday demanded the immediate dismissal of his hush-money case. Trump can't be sentenced while either president-elect or president, they argued. Donald Trump's legal team filed for immediate dismissal of his New York hush-money case on Wednesday, arguing that he cannot be sentenced while either president-elect or president. "On November 5, 2024, the Nation's People issued a mandate that supersedes the political motivations of DANY's 'People,'" the defense filing concludes, using the acronym for the District Attorney of New York. One prosecutor should not have "practical power to interfere with the ability of a popularly elected president to carry out his constitutional functions," the defense filing says.
Persons: Donald Trump, Trump, Donald Trump's, Trump's, DANY's, Todd Blanche, Emil Bove, Attorney Alvin Bragg, Bragg, Juan Merchan, Stormy Daniels Organizations: Wednesday, District, Manhattan, Attorney, Democrat, New York City Locations: Manhattan, York, New York, New
Here's what happened to her kidnappers, Emilio Muñoz Guadix and Candido Ortiz Aon. "900 Days Without Anabel" is about the kidnapping of Anabel Segura, a 22-year-old Spanish student abducted from Madrid in 1993. In 2013, Muñoz Guadix told news outlet laSexta that they killed Segura six hours later as she tried to escape. AdvertisementMuñoz Guadix and Ortiz Aon told the authorities where they buried Segura, enabling her family to hold a funeral. Candido Ortiz Aon died in prison in 2009 and Emilio Muñoz Guadix was released in 2013Emilio Muñoz Guadix in an interview with laSexta.
Persons: Anabel Segura, Anabel, Emilio Muñoz Guadix, Candido Ortiz Aon, Segura, Muñoz Guadix, Ortiz Aon, El, Ortiz, Guadix, Herrera, Muñoz Organizations: Netflix, Spanish, laSexta, La Vanguardia, La Locations: Spanish, Madrid, La, Toledo, Escalona, La Mancha, Ciudad Real
Fresh from a devastating loss to Donald Trump, Vice President Kamala Harris may now head to Capitol Hill to defy him in what could be her last major act in office. As the president of the Senate, Harris wields the constitutional power to provide a tie-breaking vote. “We are going to use the lame duck to confirm judges. GOP senators can slow the process down, but Democrats need a simple majority to overcome any obstruction and confirm judges. The senior administration official declined to discuss whether Biden has talked to Harris or Schumer about lame-duck confirmations.
Persons: Donald Trump, Kamala Harris, Joe Biden, Trump, Harris, , Chuck Schumer, Biden, , , Sen, Elizabeth Warren, Warren, Schumer, ” Schumer, irking Trump, ” Trump, ” Sen, Mazie Hirono, they’re, That’s, “ I’m, “ Hope she’s Organizations: Capitol, House, Senate, D.C, Biden, NBC News, Radical, Republican Senators, Trump, Republicans, Democrats, Appeals, White, Democratic, Dems Locations: Hawaii, California
New York prosecutors told the judge who presided over Donald Trump's hush money trial on Tuesday that his sentencing should be postponed while the president-elect's lawyers file further legal arguments asking the case be dismissed. The proposal Tuesday from Manhattan District Attorney Alvin Bragg's office would need to be signed off on by Judge Juan Merchan to become official. A ruling against Trump on the issue would have paved the way for the judge to proceed with his sentencing, which was tentatively scheduled for Nov. 26. That case has been paused while Trump and some of his co-defendants seek to have an appeals court remove Willis from the case for an alleged conflict of interest. Trump's lawyers have contended that even if she’s allowed to remain on the case, any Trump trial would have to wait until he’s out of office in 2029 because of constitutional issues.
Persons: Donald Trump's, Alvin Bragg's, Judge Juan Merchan, Merchan, Trump, Matthew Colangelo, ” Colangelo, Court's, Michael Cohen, Stormy Daniels, Daniels, he’s, Hope Hicks, Madeleine Westerhout, Cohen, Court’s, ” Trump, Bragg, He’s, Fani, Willis Organizations: Manhattan, U.S, Trump, Trump White House, Lawyers, Prosecutors, Justice Department Locations: York, U.S ., , Fulton County, Georgia
The arrests were the first time in the investigation that federal police have mentioned a plot to kill Lula and Geraldo Alckmin, his choice as vice-president, and stage a coup to stop him returning to power. He was in possession of the plan to kill Lula, one of the sources said. Lula won the presidential election in October 2022, defeating rightist incumbent Bolsonaro, and took office in January 2023. They also planned to seize and kill a Supreme Court justice if they succeeded, police said, without naming the judge. Others have been convicted by the Supreme Court on charges of an attempted coup, among other crimes.
Persons: Jair Bolsonaro’s, Luiz Inacio Lula da Silva, Lula, Geraldo Alckmin, General Mario Fernandes, Bolsonaro, General Fernandes, Alexandre de Moraes Organizations: SAO PAULO —, Special Forces, Reuters, Federal, Federal District, Crisis Management Locations: BRASILIA, Rio de Janeiro, Goias, Amazonas, Brasilia
CCTV and other state media reported that the vehicle hit people outside a primary school in the city of Changde in Hunan province as students were coming in for the day. The scene after a car crashed outside a primary school in Changde, China, on Tuesday. Short video clips circulating on Chinese social media on Tuesday showed young children running into the Changde school compound, shouting, “Help.”One clip shows a compact, white SUV stopped beyond the school entrance. Reuters was able to verify that the location where the videos were shot matched the reported location of the crash at a primary school for children between about 6 and 12 years old. What has happened to society now?” said one commenter on social media platform Weibo.
Persons: , , People’s Procuratorate, Ying Yong, Weiguo, ” Qu Organizations: Police, Reuters, Changde, AFP, Getty, Weibo, ” Police, Fudan University Locations: BEIJING, China, Changde, Hunan, Zhuhai, China’s Wuxi, Wuxi, Weibo
The Pennsylvania Supreme Court on Monday ordered election officials in the state to stop counting mail-in ballots marked with the wrong date or missing dates from their outer envelopes. The court order specifies that Bucks, Montgomery and Philadelphia counties, where Republicans argue that officials have opted to count mail-in ballots with errors on their outer envelopes, must adhere to the high court's earlier rulings, which said undated or misdated mail-in ballots should not be counted. “David McCormick and the national Republicans are working to throw out provisional ballots cast by eligible Pennsylvania voters and accepted by county boards. McCormick leads Casey by 17,408 votes with 99.7% of the vote in and 24,000 ballots still to be counted. Pennsylvania rules trigger a recount of ballots when the margin is less than 0.5 percentage points.
Persons: Republican Dave McCormick, Democratic Sen, Bob Casey, Elizabeth Gregory, McCormick, Tiernan Donohue, Casey, “ David McCormick, ” Donohue Organizations: Republican, Democratic, Pennsylvania, Republicans, Associated Press, NBC News, Republican National Committee, Republican Party of Pennsylvania, Democrats Locations: Bucks, Montgomery, Philadelphia, Pennsylvania
A Wyoming judge ruled Monday that two laws restricting and banning abortion in the state violate its constitution, making the procedure legal up until fetal viability for the time being. Teton County District Judge Melissa Owens imposed an injunction on the pair of state laws in a ruling that said they ran afoul of the state constitution, which says every person has a right to personal autonomy in making medical decisions. The statutes were therefore “facially unconstitutional,” Owens wrote, as they placed “unreasonable and unnecessary restrictions” on pregnant women’s rights to make their own health care decisions. Owens has blocked the state's abortion laws three times now. One of the plaintiffs in the current suit, Wellspring Health Access, opened as Wyoming’s only full-service abortion clinic last year.
Persons: Melissa Owens, Owens, ” Owens, , general's, Roe, Wade Organizations: Google, Wyoming Supreme, U.S, Supreme Locations: Wyoming, Teton County, Teton, Courthouse, Jackson
AdvertisementTrump's felony hush-money sentencing had been scheduled for November 26. Trump's election and SCOTUS-bestowed immunity have thrown a giant monkey wrench in the schedule. Prosecutors have said they'll tell the judge how they wish to move forward by Tuesday, November 19. Whether President-elect Donald Trump will ever get sentenced on his now six-month-old hush-money conviction could become clearer as early as Tuesday, when prosecutors are scheduled to announce — at least to the judge — how they wish to proceed with the case. Since his decisive victory on Election Day, Trump's November 26 sentencing date has remained on hold indefinitely.
Persons: SCOTUS, Donald Trump, Trump, hampers, Juan Merchan, Merchan, Matthew Colangelo, Attorney Alvin Bragg, Colangelo, Stormy Daniels Organizations: Prosecutors, New, Attorney, Trump, New York City Locations: Manhattan, New York
Yet there is another force that could deter Trump from some of his most extreme instincts: the $50 trillion US stock market. A view of the New York Stock Exchange on Wall Street on November 13 in New York City. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City. Angela Weiss/AFP/Getty Images“There is zero chance that he will take personally any negative feedback from the stock market,” said Sonnenfeld. While the stock market initially celebrated the election results, the bond market did not.
Persons: Donald Trump, Gary Cohn, Trump, Jack Smith, CNN’s Kayla Tausche, , Isaac Boltansky, Angela Weiss, Jerome Powell, Trump’s, Xi Jinping, Ed Mills, Raymond James, Jeffrey Sonnenfeld, Alexander Hamilton, Chip Somodevilla, ” Lori Calvasina, it’s Organizations: New, New York CNN, Trump Republicans, Dow Jones, Federal, New York Stock Exchange, Getty, Trump, CNN, Yale, Leadership, Treasury, Fed, U.S . Department of Treasury, RBC Capital Markets Locations: New York, China, New York City, Argentina, Washington, , Washington ,, recalibrate
Israel’s military has issued 1,126 arrest warrants for ultra-Orthodox conscripts who have not responded to drafting orders, in a move likely to fuel discontent over a controversial decision to remove their decades-long exemption from service. The move is likely to fuel the discontent that has roiled the country since a Supreme Court ruling in June that ultra-Orthodox Jews could not be exempt from military service, as they have been since the founding of Israel. ‘Death rather than draft’Anger had been simmering among the ultra-Orthodox community even before the news of the arrest warrants. For many Haredis, the idea that they would be pulled from studying scripture and drafted into Israel’s military is simply out of the question. However, the community has since grown exponentially, allowing tens of thousands of ultra-Orthodox men to now avoid the draft.
Persons: Shay Tayeb, Benjamin Netanyahu, Israel Katz, Yoav Gallant, Tayib, , Yair Lapid, Katz, scuffles, Yona Kaye, , ” Kaye Organizations: Defense, dodgers, Reuters Locations: Brig, Israel, Gaza, Lebanon, Gen, Bnei Brak, Tel Aviv
CNN —Officials in Texas are set to vote Tuesday on a new public school curriculum that incorporates lessons from the Bible as early as kindergarten, that provoked criticism from advocacy groups and families across the state. The state Board of Education will vote on revisions to its K-5 reading and English language arts materials, part of Bluebonnet Learning, the Texas Education Agency-developed open education resources. We don’t leave Texans behind.”Ghani also argued that Texas public school teachers are already “overburdened” with the amount of material they’re expected to teach. “But inserting faith-based lessons into public school classrooms, which sounds like what is intended here, is not the study of history or literature. The legislature has also pushed to require that public school classrooms display the Ten Commandments.
Persons: Bill, Jesus, Robert Frost, William Carlos Williams, , Mark Chancey, , Barbara Baruch, “ Don’t, Jonathan Covey, Glenn Melvin, Vitale, ” Melvin, ” David Brockman, , ” Brockman, Shariq Ghani, don’t, ” Ghani, ’ Charles Haynes, Robert Pondiscio, Greg Abbott Organizations: CNN, Education, Texas Education Agency, Texas AFT, Southern Methodist University, Texas, US, Engel, Texas Freedom Network, , Foundation, Texans, Freedom, Association of Religion Data, American Enterprise Institute, Republican Locations: Texas, Rome, Roman, “ Texas, The74, Oklahoma, Louisiana
The president-elect voiced support for imposing the death penalty on convicted human traffickers and drug dealers, while also saying he would seek to have prosecutors pursue the death penalty for migrants who kill American citizens or anyone who kills a law enforcement officer. It also wants the federal death penalty broadened to include people convicted of sexually abusing children, an application found by the US Supreme Court to be unconstitutional. “We saw what he’s capable of,” Abraham Bonowitz, executive director of the abolitionist Death Penalty Action, said of Trump. The organization does not take a position for or against the death penalty but has been critical of its administration. Federal executions were rare – before TrumpThe federal government and the US military both retain the death penalty, as do 27 states – though executions are paused in six of those states by executive action, according to the Death Penalty Information Center.
Persons: CNN —, Donald Trump’s, , Joe Biden, Trump, , ” Abraham Bonowitz, Biden –, , Robin Maher, Vance, Karoline Leavitt, ” Robyn Patterson, Biden, ” Patterson, William Barr, Donald Trump, Evan Vucci, Yasmin Cader, Lisa Montgomery, Bryan Woolston, Montgomery, Kelley Henry, Henry said, Gallup, General Merrick Garland, Andy Clark, Bonowitz, ” Krisanne Vaillancourt Murphy, Sharon Risher, Emanuel Organizations: CNN, White, Trump, US, Biden White, , Republican, Democratic, Department of Justice, American Civil Liberties Union, Trone Center for Justice, Boston Marathon, Capital Habeas Unit, US Department of Justice, Reuters, Catholic, Methodist Episcopal Church, ACLU Foundation, Amnesty, USA Locations: Terre Haute , Indiana, Charleston , South Carolina, Nashville, Terre Haute, United States
CNN —Brazilian police have arrested five people, including a former adviser to ex-President Jair Bolsonaro, over an alleged plot to assassinate President Luiz Inácio Lula da Silva in 2022, authorities said. The coup plot was conceived in late 2022, before Lula took office, according to Federal Police. The alleged plot also involved other military personnel with training in special forces, the Federal Police said. In February of this year, Bolsonaro was placed under investigation over the alleged plot. In October 2022, Lula narrowly beat Bolsonaro in the presidential election.
Persons: Jair Bolsonaro, Luiz Inácio Lula da Silva, Lula, Geraldo Alckmin, Alexandre de Moraes, Moraes, Mário Fernandes, Fernandes, Eraldo Peres, , Bolsonaro, Flavio Bolsonaro, Bolsonaro’s Organizations: CNN, Brazilian, Federal Police, Supreme, CNN Brasil, Crisis Management, Reuters Locations: Brasilia, Brazil
AdvertisementTiger Management and $4 billion hedge fund Hound Partners are in a legal tussle. Tiger, the legendary investment manager founded by the late Julian Robertson, seeded Hound in 2004. Hound saw assets fall from $4.6 billion at the end of 2017 to $1.8 billion at the end of 2022, according to Tiger's suit. "There is no instance of which Tiger is aware where Mr. Auerbach sought a positive reference for his funds that Tiger declined to provide," Tiger's suit states. Auerbach did not work for Robertson's fund but was seeking capital to start his fund in 2004 when he met the billionaire.
Persons: Julian Robertson, Hound, Jonathan Auerbach, Tiger, Gabrielle Wesley, Auerbach, Robertson, Alex Robertson, it's, Julian Robertson's Organizations: Tiger Management, Partners, Hound Partners, Mars, America, Tiger, Tiger Cubs, Viking Locations: New York, Mars Wrigley
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