The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Tenev: Legacy card issuers are too bloated to match 3% cash back
“I think it's a cost structure problem. You look at the big credit card companies and they have tens of thousands of people, right? Tens of thousands of people that are manually servicing the, these accounts and, you know, that they spend a ton of money on mark…”
Schwarzman: Lehman's 1984 sale was triggered by trading limit breaches and rate losses
“People in the trading department exceeded limits on certain type of security, and it ended up that interest rates went the wrong way, and, you know, we lost doubly on the trade, and the impact of that on a mark-to-market basis would have gotten close to wiping…”
Immelt: Top New York Fortune 500 CEOs held quarterly dinners on governance
“So there were five CEOs in the New York City area. It was me and Ken Chenault from American Express, Sam Palmisano, and then Jenny Romney from IBM, Steve Reimann, and then Indra Newey from Pepsi, and Bill Weldon, and then Alex Gorski from J&J. And we had dinne…”