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 9 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
Coogan: SpaceX is hiring BofA, Goldman, JPMorgan, and Morgan Stanley for IPO
“SpaceX is set to hire Bank of America, Goldman Sachs, JP Morgan, Morgan Stanley to lead its IPO.”
Dixon: Blockchains solve political trust problems preventing bank coordination
“There's a lot of interest from the banks to think about ways to use blockchains to create essentially marketplaces there, you know, maybe permissioned marketplaces where only kind of certain participants can participate. For them, the benefit is, you know, why…”
Hays: Software stocks saw record 34% non-recessionary drawdown wiping out $2T
“Software has undergone the largest non-recessionary, twelve-month drawdown in over 30 years. That's -34%. Wiping out two trillion of market cap from the peak.”
Coogan: JPMorgan Is Buying $20B Apple Card Debt at $1B Discount
“There's a little bit of both the twenty billion dollar card balances. That's trading JP Morgan's acquiring that at a one billion dollar discount instead of an eight percent premium, you would expect that they would pay 21.6. They're actually paying 19 for this…”
Shkreli: JPMorgan Still Runs Most Operations on Python 2
“Like I think the morass of a company like JP Morgan, that's still running like Python two for most of the business, you know, it's very hard for them to update and upgrade operations without significant disruption for you or me.”
Giffon: Pure alpha-focused investment firms cannot scale into giant institutions
“Your business can only really get so big if you're actually in the business of like true alpha outperformance, you can't, you know, build the JP Morgan or Goldman Sachs or something.”
Hays: Software Has Suffered Its Largest Non-Recessionary Drawdown in 30+ Years
“Software has undergone the largest non-recessionary, twelve-month drawdown in over 30 years. That's -34%. Wiping out two trillion of market cap from the peak. This is JP Morgan as of a couple days ago.”
Major Banks Offer 60% Valuation Buyouts for Government Appointees' Illiquid Shares
“I did hear a incredible financial innovation. I think it's from JP Morgan or Goldman is one of those two. They offer a service where if you're taking a government post and you need to divest assets, they will basically buy it at like 60% of like the last mark.”