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Excl: L&G, one of Europe’s largest asset managers, is merging divisions and cutting jobs in an attempt to slash costs and focus on faster-growing markets ft.com/content/7df483… with Lee Harris

This is the second time in one year the FBI has visited me over a document I lawfully published. If you want to know why media refuses to publish manifestos, this is why. x.com/kenklippenstei…

>Insurance regulator: Small credit rating agencies like Kroll are giving higher scores to private credit, vs bigger groups like Fitch >Fitch calls attention to this >Regulator retracts the study >JPM note warns of “potential ratings inflation” in private credit

Former Israeli Prime Minister Ehud Olmert (2006–2009) published an op-ed in Haaretz on May 22, 2025, condemning Israel’s war in Gaza as a “war of extermination” and accusing the Netanyahu government of committing war crimes, including the deliberate starvation of civilians. Full

NEW: The boss of the world’s biggest litigation funder has accused Chubb of abusing its market power, after the insurer said it would freeze out lawyers, bankers and asset managers who worked with the sector

Elon Musk promised his bankers they would not lose money on the $13bn they lent to finance his Twitter takeover in 2022. The world’s richest man has now largely made good on his vow after Donald Trump’s re-election helped rescue the debt deal. ft.com/content/51c51b…

As I've made clear, I think the current concern about "unprecedented anti-Semitism" in the US is a moral panic conjured to justify a genocide. This makes it all the more important that someone keeps teaching the real history of American and Western anti-Semitism.

the bigger story is complicity in possible ethnic cleansing and starvation but can we also please talk about BCG obsession with consultant word salad: on.ft.com/3Zam8MI

From Eric Platt on how the Musk vs Trump war of words has clouded a $5bn xAI debt sale. ft.com/content/57d5b7…

‘When vaping first appeared in the early 2010s, many projected it would have replaced smoking by now. That view has been wrong’ - by Mari Nøvik Clara Murray & me on.ft.com/3FI1mNU

FT: "cost of hull and machinery insurance for ships passing through the strait—a narrow waterway between Iran and Oman, connecting the Gulf to the Arabian Sea—as well as the wider Gulf area had risen from 0.125% of the value of the ship to about 0.2%" Still low, just beginning.

Oh!

Bill Ackman says he is not running for mayor.

SCOOP: Rick Perry's group files w/ NRC to build world’s largest data center campus, including 4 new AP1000 nuclear reactors in TX. With perhaps a dose of flattery. The proposed name in the filing? Donald. J. Trump Advanced Energy and Intelligence Campus. wapo.st/4458IEB