12 Burst results for "Kirkland Ellis"
The Bitboy Crypto Podcast
"kirkland ellis" Discussed on The Bitboy Crypto Podcast
"Head. But I'm a little concerned about that because I still in my entire life have never figured out Fahrenheit Celsius. So talk talk about that. Bad luck with things called Celsius. Okay, did you see the Simon Dixon? Oh, what happened with him? No. He literally stole 289 Bitcoin from him. Right. The day before the pause and added to the Celsius balance sheet. And the Kirkland Ellis basically rewarded or excuse me, awarded that 289 Bitcoin to part of his claim that he has, which now makes him the 7th biggest creditor on the entire site and gives him a lot more, you know, kind of power. Potentially. So all right, guys, don't forget to smash the like button number one thing that you guys can do to help out the channel. How about crypto adoption? Like the video. She has like the same video last night? I got some really interesting news. That I don't even know what it is yet. It's been teased to me. It's been told that I have to sign something. Saying that I will not reveal the source of this information. But we're about to get some pretty, pretty jaw dropping information in the next hopefully day or two away from to send it. So it has to do with this whole thing somewhere. So very interesting. I think I know what it is. I think I know what he's going to say, but I don't want to put words in his mouth. Or her mouth. All right, let's see, Bitcoin at 22 one. Ethereum at 1555. Let's see. XRP pumping a little bit. It feels like the end is near here. This big gap is annoying. I wonder if they could do anything about that. I mean, it's nothing you can do about it. I just wonder if we could ask them, I wonder why they have it there, 'cause it's weird. Look at the difference between that and coin market cap. Well, it's probably responsive. So if you pull it in,
The Bitboy Crypto Podcast
"kirkland ellis" Discussed on The Bitboy Crypto Podcast
"Welcome to BitBoy crypto. My name is Ben. Today, I want to follow up a little bit with what happened yesterday on the show. Talk about where we're going from here. I'm an Uber. I don't know what that is back there. What is that? It's glass cleaner, 'cause we're gonna make some, we're gonna make some things clear here today. As you can see. The point here is to hang on. We're in Philadelphia for the book tour tonight, so we're hanging out there. I can't wait to meet my friend Cory. I can't wait to meet Cory. You see what's going on there. But I want to talk a little bit about Celsius. Yesterday, what we did on the show was groundbreaking. And having the call we had with Greg on the show has not been transcribed on crypto Twitter. You can find it on Otis's account, or you can find it where I retweeted it. Now, I've got several more calls. Several more things to do, but I want you guys to understand where we're going from here if you are in the Celsius community. I'm going for a few days in the next week I've been watching D.C. and I will be speaking with some congressmen and hopefully congresswoman as well, but definitely some congressmen. With some planned visits next week about regulation about what we're doing about crypto education, but I will also be talking to them about the Celsius situation. And what Congress needs to do to prevent the scam of case in white or white in case. I can never remember. I think it's white in case. And also this game of Kirkland and Ellis. Where they're laying in this and how the average user is getting screwed because I can tell you that's what people in Congress care about. And you may tell me you may say, the politicians don't care about us. They care about your vote, don't they? And who do you think is going to be affected by this? More. Individuals or the lawyers and the members of the UCC and the executive team. Who's getting affected by this, it's the average person. And who are the constituents of congressman and congresswoman? Average perp average people constituents, right? So that means votes. So they do care about this. And I believe they're going to be very interested to see what I have to say on this regard. But the point is for me to tell you, is that next week, I'm going to be in Washington D.C. how much the whole week. I'll be on the show on Monday. I'm going to record some videos Monday night. But I won't be back until Friday. And so what is going to happen back on the show until Friday? What is going to happen is we're not going to be doing a lot of in depth whiteboard videos or in depth content or live streams. Do want to be digging in more on this Celsius situation because I'm just not going to be there. I will be touching base from time to time. Obviously via Twitter and obviously via these type of style phone record videos, okay? For you guys to keep update if there are changes. But just know, this is just the beginning of this. We are going to dig so deep into Keith wofford into what's this other guy's name. I can't remember his name right now. He's another freaking nerd. Greg Pesci. We're going to be going into the lawyers. I even got to the lawyers of Kirkland Ellis yet. Judge Mark Glenn, we're going to be looking at him, seeing what's going on. And somebody told me on Twitter, they said, you better be careful going after these people. Though, they'll report you to the judge and to the U.S. Marshals and you'll be under investigation. Let me tell you this. This is a free freaking press. We have three press rights in America. I have the not only the authority, but the responsibility to ask these questions that these people, whether it be at their office, whether it be waiting outside of their door when they come out of their office, whether it be by their car. Whether it be on social media, whether it be via phone call, whether it be via email. They're not protected from questions from the press. No one in America is. Everyone can be asked questions on a major, major, major financial news story. So no, I'm not scared about any of that. I don't know if you guys figure that out yet. Maybe I should be, but I'm not. So the thing to keep in mind here is this is that I've got so much good stuff to put into some videos when I get back next week. But I am now in the anti clawback telegram group. You guys can send me some messages on there. Converts with me there. I'm not gonna be in there all the time, obviously, a very, very busy, but you can, you know, check out what I'm putting on Twitter, but here's what happened today. Today I was in a Twitter spaces, I won't get into everything that happened. Leaving it behind. But at least publicly. But Simon Dixon, let's talk about Simon Dixon. You guys have had so many diction on the show twice. And there's been a lot of pushback against Simon Simon Dixon. And I think everybody sees that they were wrong on that. Some people would say, well, you know, Simon's intentions are bad because he cares about the money and the bottom line. Is that a bad thing? Is that a bad thing if that's what he cares about? He has money, he has invested interest in this. And everybody hears, I feel like with the exception of me is pursuing their personal interest in this. Whatever is going to be the best for their situation. And then you can take whatever is best for their situation, apply it over that class of people, whether it's people that took loans or whether it's people that have the cell token or whether it's people that are just big creditors or whether it's people that are getting clawbacks. I don't even know what my callback. Exposure was today. Apparently, it's $1.1 million. I had no idea. They told me on the call. I don't look at it in terms of that. I fight for the bit squad. I find for the Celsius holders. I vote for the average person that is on that site, okay? That's who we're fighting for. Now, what is Simon fighting for? It doesn't matter, guys. It doesn't matter. The bottom line is this plan was way better. Period. His plan was far and away, supreme over the plan that was offered. And I wish I would have supported it more. I do. I wish I would have supported it more. I wish I'd been more vocal about it. But there were a lot of people that weren't putting stuff in my ear. Now, you guys have noticed I never say anything bad about Simon Dixon. I've never said anything bad about him on the show. I've had personal private reservations. I've talked to him. We've had a lot of communication back and forth, but I had some private reservations. There are some other people involved in this situation that I also have private reservations with. But outside of a small handful of people, I've not made up my mind on anybody yet. Now the mind is made up. Now I know who the good actors are. I know who the bad actors are. And when it comes to UCC itself, it goes like, well, they're not the bad actors. They're just creditors. They're silence is deafening. If they are not for us, they're against us. If they're not for us, they're against us. If they're not speaking out against these retail clawbacks, then they're just not our friends and they're not representing us. So we have to make it to where they feel the pressure of the representation that they are responsible for. That's what they're responsible for. So the fact is, is that from this point forward, we are going to be supporting Simon's plan. I've got some more calls today with some more people. I got to talk to connect some more dots on this situation. It's been a very busy day. It has been a very busy day. So it's been supposed to be spending time with my wife. And what am I doing instead? With the bit squad. She's jealous of y'all. You guys can kiss these lips too. But the fact is, is that we are going to be supporting Simon's plan. I've got more to look at. We've got to figure out, at this point, here's let me tell you what I think the main problem has been outside of the infighting within the Celsius community. It's funny. You don't see this with the other communities. Voyager community, you didn't see this with FTX community, you didn't
Coin Edition
Celsius Lawyers, Advisors Want 52 Million for 4 Months Work
"11 a.m. Sunday, December 18th, 2022. Celsius lawyers advisers want 52 million for four months work. As the bankruptcy proceedings of the embattled crypto lender Celsius lingers, its running cost continues climbing high. According to a Bloomberg report, attorneys advisers and specialists of the bankrupt crypto lender are requesting over 52 million in compensation for four months of services. Leading UK law firm, Kirkland Ellis, builds Celsius close to 20. The post Celsius lawyers advisers want 52 million for four months work appeared first on coin edition.
The Hugh Hewitt Show: Highly Concentrated
"kirkland ellis" Discussed on The Hugh Hewitt Show: Highly Concentrated
"It's a 136 pages, but I did this in 53 seconds, cut number 22. You significant, this gun ruling today, the impact nationwide. Well, there are 6 other states brat that have the same sort of regime about issuing permits that New York State does, a regime that was struck down as unconstitutional under the plain language of the Second Amendment today. Justice Alito, he wrote a concurring opinion, 6 judges, 6 justices agreed and justice Thomas wrote the majority opinion, but justice later said, look, what we're deciding today is very simply put. Americans have the right to go out of their house and carry their weapon in self defense. They don't have to beg a bureaucrat to get that permit. And 43 states already agree with that. The 7 states who have asked me may give you the permit regimes, their laws are unconstitutional. No one should be surprised by this. It's been ten years coming and being made explicit, but it's not a surprise. It's not a surprise. And the hysteria on the left, the story of the morning, the jet ticks me off. It's nothing other than woke big law. Big law our law firms that are bigger than 300 lawyers. And woke big law includes Kirkland and Ellis. The single best Supreme Court advocate in the United States is named Paul Clement. He is the former solicitor general of the United States until yesterday he was a partner at Kirkland and Ellis. He won the gun case. He always wins. On the single occasion where I not only got input, but may have had decisive input on who would represent a friend in front of the United States Supreme Court. I said, do whatever you have to, but go get Paul Clement. And I've never met Paul Clement. He's good friends with Carol Platt Lee bow on the Salem. Media editorial board, longtime friend of mine, but they went to law school together at Harvard. I just know who wins at the Supreme Court. Originally, the single best Supreme Court litigator in the United States with pedals and a pet is old, and Ken Starr was second best, and then he became best as Ted got older in Ken got older, but now it's Paul Clement. So if you've got everything on the line, you want to win at the Supreme Court. You hire Paul Clement. And he became a lawyer at Kirkland and Ellis, which is a big law. Now it's a big blue law law firm. And he left yesterday because he won the gun case. The Wall Street Journal has an editorial about this day. And if you are a client of Kirkland Ellis, I'm not telling you to leave. I'm just telling you they're not going to be your lawyers. If you're a conservative, they're not going to do their best. They're not going to do their best. You have to ask yourself, who is running this firm? That they would let Paul Clement leap because they just let the best Supreme Court litigator in the United States late. So if you're a K and E client, you've got to ask yourself, do we really want that firm, which puts politics ahead of expertise when it comes to law? Do we really want to woke law? And I would encourage you to read, you run your gun case, you're fired. Kirkland Ellis tells Paul Clement in a partner to dump their Second Amendment clients. They refuse and resign. It's a great editorial..
Capital Allocators
"kirkland ellis" Discussed on Capital Allocators
"All move on life. So that is the tension of bankruptcy case that fight between restrictions company quickly against figuring out was there actual wrongdoing before the bankruptcy. So in this case you've got huge. Well resourced players on both sides. Reggie got apollo teepee. Gm one side got oak trees. You said appalachia comes in on the other side. I'm curious as this goes through. And let's take a step back from this. Restructuring generally look at all restructurings. How much does the size and the power of the individual players. Make a difference in the outcomes. That's an interesting question. I think you have to look at cases that are in chapter eleven which is a formal bankruptcy in those cases that are not in so that kind of balance of power. I think makes a big difference when you're trying to do something. Out of court of what a bankruptcy filing were large players take stakes capital rushers and because they have big stakes. It's easier to go. She ate with counterparts in other at the table. On how also that impose your will on smart players. If you think about what i think are the two most important players in the distressed debt world was her in my view. Elliott appaloosas both of who were key players and caesar's although in different parts of the capital structure what they both firms do. Is they take massive positions in particular securities and then they had developed a very strong point of view and they have a lot of conviction when those two firms take up position. Everybody knows that it's going to be a very difficult if not painful. If they're going to actually fight those so size definitely does matter. I think the time since caesar's more and more than these handful of firms are dominating the space in their dominating because they have bigger funds undertaking bigger and bigger positions of the wild card is when you actually are in bankruptcy things a little bit in terms of power john because there is now a judge who overseeing the entire case and that judge not only cares about size he cares about the equities of the case unplanned a wall and so one of the twists and caesar's is that there are a series of small players in this land of giants of elliott's goose that oak tree in silver point blackstone and others where they are able to use the levers of a formal bankruptcy process including judicial hearings the judge to actually exercise their own form of power through what they think is the proper application or in the case. Got these big guys fighting against each other amax ripped through the highlights here. What the twists and turns are and where it ends up. The case starts off with the i guess the second lanes trading nat ten fifteen twenty cents dollar. I lean bonds trading. Let's say seventy five eighty the term loans around ninety three. Of course the case there's like jews mentioned a lot of pressure around whether or not they're going to allow these lawsuits to go forward or not in ultimately in injunction is put in place in up until the threat of it being lifted forces. Everyone come to the table for certain negotiations. Meanwhile the company is improving without. Aim to villiers interest. They're able to invest in new renovations for the knows capital expenditures to make improvements that then start bringing business back. Economy starts picking up and so over time. The actual results are improving so this debt starts taking up the secondary endure constantly just ten cents apart between apollo offered the second lane with seconds. Actually want the most important thing that happened. In the case was the examiner's report. We joke that. He's author co author. Richard davis a former watergate prosecutor chosen as ings amorth again into the case and gets feedback access interviews in the seventy five different people who are designing and behind these transactions goes to millions of documents with a team of advisers and ultimately comes out with an eighteen hundred page report that does say indeed. There's about five billion dollars. Worth of potential claims against caesar's siege executives and the private equity executives who are behind it and not only the firms that potentially only the people who were involved personally liable and that while it's not legally binding is a watershed moment case influences. How the judge sees the case. Ultimately the judge permits this motion by the second lanes. Attorney seeking the disclosure of personal financials for the caesar's executives and the private equity executives involve including mark roe. And a david. Sandra from apollo david bonderman from t- pg and gary love and from caesar's and that's that's enough to put pressure on those parties along with all the other things that were going on to come to a deal and ultimately both the prologue of our book and then seen later on where there's a resolution the main parties come into a room at kirkland ellis's law firm they start shouting at each other about trying to just basically bridge a hundred and thirty million dollar gap. I would add that this stranger than fiction. Tale where the interactive gaining business that just kind of chugging along wasn't even allowed to pursue online gambling and just wound up being sort of eight not for gambling poker game on your cell phone with the world series of poker brand winds it becoming a four billion dollar business sold to chinese conglomerate that gives caesar's this huge pile of cash to settle the case that comes in and it allows them to bridge the gap without apollo losing more than it had put in of its initial investment but ultimately with all it was hanging over them. They agreed that they would give up all of their initial equity investment which is what appaloosas. An oak tree in the second lane. Creditors were demanding. Not just for the prophet but in there is for justice. They get to this. Settlement number are able to bridge the gap. And it's made a lot of people a lot of money. You're talking about sixty six cents settlement for the second lanes but that came with equity options that ultimately took that above par for the first lanes. They were paid out at park. These convertible preferred that brought that well above par..
James Wilson Institute Podcast
"kirkland ellis" Discussed on James Wilson Institute Podcast
"Josh hammer. Josh is newsweek. Opinion editor a research fellow with the edmund burke foundation he previously worked at kirkland ellis in clerked for judge james c of the. Us court appeals for the fifth circuit. He'll be s from duke university and a j d from the university of chicago law. School josh is on to discuss his new harvard journal of law and public policy as a common good originalism. Our tradition and our path forward. The essay grew out of a piece that he wrote. As part of symposium with claremont institute's publication. The american. Mind that i our founder and director hadley arcus also contributed to its for a lot of a potential exploration of path forward for conservative jurisprudence. And so we're really pleased to have him with us. Also joining us on. Podcast is one of our interns. Tom's roof tom. Why don't you get started josh. Give us a sense of what you understand. Conservatism to be specifically. How does the common good relate to conservatism as a value. Right because leftism has collectivism as a common good value. But why is that antithetical to your project from the left. And then from the right. What distinguishes you from someone. Like professor adrian mule and his concept of common good constitutionalism. Sure yeah so garrett and james wilson's shoot. Thanks so much for for having me back. I i take pleasure in hinting. A return guests of this wonderful program so happy that you're kicking us off on this. No because i think defining what conservatism is or at least have as i construe it is definitely kind of a necessary precondition of sorts for understanding. Why the our understanding why what is currently offered as a purportedly conservative jurisprudence simply does not rise to that occasion. So you know look i A lot of this is going to be Beyond the confines of what we can talk about here. I think scholars continue to debate. What conservatism is. But you know speaking. Personally my own you of of what. Conservatism is is definitely informed. Quite heavily by my my colleague In many ways kind of One of not my of preeminent mentor Which is a euro-zone as the president of the burke foundation. Where research fellow. And he's understanding. What conservatism is which i think most clearly outlined the twenty seventeen american affairs journal long-form essay with our other colleague for your high avery. Abi i think it's closest to what i have in mind when i talk about conservatism..
The Stuttering John Podcast
"kirkland ellis" Discussed on The Stuttering John Podcast
"I think the red should go back to the 80s when when all this started happening and that is not going on and I think this country is kind of pathetic about it. And I you know, our top lawyers in this country are really really smart about creating loopholes and allowing things to be done so that if if you look at the home, System of lobbying on K Street in Washington where you these are lawyers who make ten million dollars a year and more. Well what and and for years for decades. We've known that they were working for Big Oil and big Pharma and they would draft legislation that help big Pharma and they would set a political action committees Pacs fed contributions including contributions from Russia to Congress people and Senators who would download for these policies that eight of these industries we've known about that for decades and I used to write about twenty or thirty years ago, but what's happened in the last ten or fifteen years is countries dictators including Vladimir Putin have taken advantage of that system and they've sort of insinuated themselves in, New Jersey. Network huge corporate law firms like Kirkland & Ellis Jones Day are just stuffed with these people and under front. They just took over everything including the justice. Now does is Joe Biden aware of this do you think? I'm all of it but and and we'll see how far he goes with it. I think he's gotten off to anat a fabulously strong star. I mean and he sort of going after things that are really important getting everyone on a vaccinated is hugely important. It's hard to come up with something more important that doing the infrastructures also very very important. And I think you know, it's not up to him so much as Congress really too and and and Merrick Garland, thank you to say your your call or from a moment ago. I'm impressed with your questions so far. I they have to be as aggressive as possible. And I think Congress has to introduce legislation that will eliminate these loopholes. There are just too many goddamn loopholes and anyone home. Clever lawyer configure his way around. Yeah now any any word from eurie, you know?.
The Stuttering John Podcast
"kirkland ellis" Discussed on The Stuttering John Podcast
"Louis de joy and Jared Kushner what experience in any of these people have it in the jobs that they you know that they were given right now almost everyone sort of I think Trump's appointees almost to a man and woman had to be open to you know, whether it's bribery or off. Corruption and one way or another because he was running his scams all over and I don't think we've we've gone to the bottom of it at all. No, no, I don't either but I don't know if you saw with Ron Johnson's saying you know who he is. Yes. Yes. So he's now saying that the Insurrection was was anti-choice what's caused by antifa now Craig who the hell is buying this garbage? Right? I mean and teeth is not you know, I don't know anyone who the name of anyone is associated with anti-affirmative means anti-fascist, but it's not a real organization. There are a lot of people who describe themselves as anti-fascist, which is perfectly fine, but it's not I mean the idea that they organize that is ridiculous. And anyone who saw that here the impeachment a couple of weeks ago has gotta know that Yeah, and now I saw your tweet something out about Bill bar what's going on with him? Well, but bars. I mean there's a real interesting question is I was stunned that he got out before January 6th because and I wonder if he had Advance knowledge of it for that reason. I mean, he's a very very weird guy who you know, he's he was a chief in a blur for Donald Trump. He believes in this what's known in legal world as a unitary executive which gives the president almost Imperial powers and you could see him enabling prompt as in what happened to be the first impeachment in allowing all that kind of stuff to take place. It looked like he was a continuing it all the lead the way as the November election approach and then and and he even if you remember the events of Lafayette Square birth June of last year, it's where the black lives matter March ended up. What what bar did was he allowed off? American military forces can be used against American citizens. So I felt that he was clearly Paving the way for some Grand Ole. I don't know Showdown where American forces would face off against against, you know protesters from the left and what happened instead was he got out and and resigned before January 6th, and we saw of course, you know, the attack began stirring of January 6th and bar was nowhere to be seen that makes it suggests to me that he knew something was coming and got out of the way because it was just a bridge too far for him home. Wow, well and and I I asked the question but it's Don Juniors definitely compromised also, correct. He's gotten a bad something on him. He's got to do I mean the story I told you earlier. He I mean he has to be knowing but it's it's more like I think he's the son in the crime family whether he's he's Fredo or Michael, I guess Remains the Same Eric Fredo to me. Yeah. Actually, you're absolutely right. Well, how about I mean who is like cuz cuz ivanka's made pumpkin juice and made $182 million dollars while Trump was in office. I mean, how is this acceptable to the American people? It's also they're completely different rules for republicans and the Democrats. I mean what you keep hearing from Republican friends are what what about her email? You know, what kind of we're talking about trees and wage. Talking about a theft on a grand grand scale the undermining of American democracy and you know, I think it was unwise for a hundred bucks off of work and that but in the Ukrainian company, but still it's nothing compared to what's been going on with the Republicans. Now, I'm just going to open I open this up to the chat room here if anybody's got any questions for Craig Now's the Time to ask. I know you can't see him but I I will read them as soon as they come and don't forget the supercharged that it always helps u r or the target what has happened to, you know, a bill Barnes kind of disappeared like John Boehner and Paul Ryan, they all just seemed to disappear somewhere, right, you know, there's gotta be a good story there and unfortunately, I don't know the answer. It's very very rich. It's worth knowing about and that law firm. He was part of Kirkland & Ellis had just enormous clout. I mean, it's one thing you what you saw was this entire right-wing movement sort of take over the justice department under Trump and many of them were a part of this firm called Kirkland & Ellis who like Jones in Des represents a lot of the Russians. They also represented a guy named Jeffrey Epstein and what was really interesting and all that was when Epstein was prosecuted in the first time. This is back in Palm Beach around 2005 the prosecutor Alex Acosta was from Kirkland & Ellis and his defense a defense attorneys were also from Kirkland & Ellis. So it makes it very very cozy if your lawyers can sweet-talk to Palm Sakura cuz they're they're partners and they have a lot of shared interests and get you the sweetheart deal to Jeffrey Epstein God died in Brazil has a question for you Craig Craig. When you bombed pay for her crimes, I've got I wish I knew I sure hope so, I mean it's you know, I am so much into you know, we'll just have to see I wish I knew the answer to that there there's a lot going on in New York now with the district attorney and and it's a good sign that Trump got his tax returns, but I don't off the top trumps tax returns of our being turned over but I really don't know the answer about Ivanka Crenshaw. Anyone has a question real quick with you exposing Trump and Putin. Are you concerned about your safety? Are you taking any actions to ensure that you're safe? I got a kovich shot last weekend, but in my job I you know for some reason I don't I kind of think I'm small fry compared to some of the other fish there after I have some admiration for my source your expense who is a KGB agent and who has been very forceful in talking about against Putin and he was also a partner of Alexander litvinenko who was poisoned and killed and Yuri courageously step forward after.
The Stuttering John Podcast
"kirkland ellis" Discussed on The Stuttering John Podcast
"If you are an oligarch in Russia, you are a personal friend of Vladimir Putin you do exactly what he wants and you'll see the oligarchs and turn start hiring these dead. Huge American law firms. I'm talking about firms like Kirkland & Ellis and Jones day where lawyers make ten million dollars a year and more and if you're making that kind of money working for the oligarchs you in effect are an agent for for for Vladimir Putin it is just insane. And so today we meet like I have heard about, you know, some you know, I watch some of the hearing of the Insurrection now Putin's got to be ecstatic that the Insurrection happened know home. Well, yes, I don't know. I mean Trump may have gone too far and obviously he you know, I mean it's power he's out of power. So there are a lot of things that are very very fluid right now, That is Trump being in the Oval Office was Putin like that and now he's out and and we don't know what's going to happen to the Republican party. I think what Punjab Likes is that Trump has gotten all his followers to believe that American democracy is dead that it's corrupt that it's flawed wouldn't have been saying that himself for many many years. Now. He's gotten about seventy million Americans to believe in it, but putting himself maybe in a little trouble there there have been reports that one of his health and people have talked that he may Parkinson's disease or something more serious as well. In addition you have Neva name is is, you know, a heroic figure who's now in jail, and that means the country's a little de stabilized and with navalny in jail be seen whether he almost adults and Mandela type of figure and that would thrash movement as well. So you have a lot of things in motion and it's going to be a while before the they sort out. Yeah, and before I forget I just want to cuz I forgot to promote birth And Tom Arnold's podcast. He's on Mondays 8 a.m. Called off the topic the Tom Arnold. Sorry Craig. I just you know, I forgot I'm a man of my word and I may have to do that. But now what happens now, all right trumps out of office what I mean does Trump have any value to Putin anymore? Well, I think he does a disruptive force and look what's happened to the Republican party and you'll need other people waiting in the wings like Josh Hawley or Ted Cruz. I mean, I think some of them are going to try to take Trump's Choice as as and from himself may try to come back in 2024 and he'll do as much as all of them will do as much as they can to keep things divorce table eyes. And it also comes at a time when you know Biden one by a pretty healthy margin in the popular vote. But within Congress, it was just a Razor's Edge both in the house and yep. The Senate and that said I think Biden's gotten off to an excellent. Excellent start. I mean people want this covid-19. It's all part of a much larger picture in which Russia is using all these forces whether it's cyber warfare or whatever to fuel this right-wing populism that Trump commandeered and that's going on in other countries as well in the west and in Europe and the brakes it was part of that in in England and Thursday. It's true in a lot a lot throughout Europe. Yeah, but but but I guess what I'm trying to say is that now that trumps out of office is he still as valuable as much less valuable and and I think we don't know how that'll play out. It may be that you know, people will feel that he's not nearly as dangerous and that's what would be interesting if someone a compliment is released by people in in Russia's secret services and the efforts it's the FSB. Now what used to be the KGB off? But they're they have material on Trump that can be very very damning. And I don't know if it's the videotapes of sexual activities or more likely I think on financial material and also the the secret conversations Trump had with Vladimir Putin there is no question that that Russia has those tapes or information about those recordings. I'm sure they have stuff on financial Shenanigans, whether it's the money laundering prompted for for reservations or later in two thousand and two Russian company called bayrock ended up in Trump Tower and they started partnering with prompt and giving him very very lucrative deals to franchises name and build and develop Tower to Trump Soho here is now called The Dominic but it was a fog 50 story hotel and Soho that immediately went belly-up like much of Trumps project. So they have all the goods on that kind of stuff and we'll see what happens with that. All right. Now I got to ask the question that I had been waiting to ask you Craig. The peak tapes does Putin have the pee tapes and it's anything dangling and thought Trump's face going if you do anything. This is what we're going to expose you for getting getting paid on. Well, I don't I hate to disappoint you but I the bottom line is I don't know but I'll take what I do now. Okay, and and I think you know, I did talk to one. He was a monster in the Russian mafia who said that he had seen tapes of them very young girls and it was the sort of strange moment in our conversation. He this was someone overseas he was close to the top Russian Mobsters dead. And in a certain point I I've been talking to him for an hour or two. And I said, why do you hate Trump so much you've done well by me longer at all your money and all that stuff and the guy said well, you've got it understand I can't do a Russian accent. But if a Russian mobster is disgusted. It's got to be really disgusting and he started talking about these tapes of trumping with a very very young girl. I have not seen them there but there are other tapes and and for this we may have to switch to this topic Jeffrey Epstein. Yeah, and I interviewed a man named John Mark Dougan who was deputy sheriff in Palm Beach county in the Palm Beach Sheriff's Department was one of the first to really investigate sex trafficking by the Jeffrey Epstein deal and Maxwell. Group and they collected according to this deputy sheriff 478 videos of sexual activity that was secretly being done by Epstein and according to my source who I tracked down in Moscow, by the way, they he took those 478 tapes off to Russia with them and he met with a very powerful Russian guy named Pavel Borodin. I actually had photos of the sheriff and burden.
The Stuttering John Podcast
"kirkland ellis" Discussed on The Stuttering John Podcast
"Louis de joy and Jared Kushner what experience in any of these people have it in the jobs that they you know that they were given right now almost everyone sort of I think Trump's appointees almost to a man and woman had to be open to you know, whether it's bribery or off. Corruption and one way or another because he was running his scams all over and I don't think we've we've gone to the bottom of it at all. No, no, I don't either but I don't know if you saw with Ron Johnson's saying you know who he is. Yes. Yes. So he's now saying that the Insurrection was was anti-choice what's caused by antifa now Craig who the hell is buying this garbage? Right? I mean and teeth is not you know, I don't know anyone who the name of anyone is associated with anti-affirmative means anti-fascist, but it's not a real organization. There are a lot of people who describe themselves as anti-fascist, which is perfectly fine, but it's not I mean the idea that they organize that is ridiculous. And anyone who saw that here the impeachment a couple of weeks ago has gotta know that Yeah, and now I saw your tweet something out about Bill bar what's going on with him? Well, but bars. I mean there's a real interesting question is I was stunned that he got out before January 6th because and I wonder if he had Advance knowledge of it for that reason. I mean, he's a very very weird guy who you know, he's he was a chief in a blur for Donald Trump. He believes in this what's known in legal world as a unitary executive which gives the president almost Imperial powers and you could see him enabling prompt as in what happened to be the first impeachment in allowing all that kind of stuff to take place. It looked like he was a continuing it all the lead the way as the November election approach and then and and he even if you remember the events of Lafayette Square birth June of last year, it's where the black lives matter March ended up. What what bar did was he allowed off? American military forces can be used against American citizens. So I felt that he was clearly Paving the way for some Grand Ole. I don't know Showdown where American forces would face off against against, you know protesters from the left and what happened instead was he got out and and resigned before January 6th, and we saw of course, you know, the attack began stirring of January 6th and bar was nowhere to be seen that makes it suggests to me that he knew something was coming and got out of the way because it was just a bridge too far for him home. Wow, well and and I I asked the question but it's Don Juniors definitely compromised also, correct. He's gotten a bad something on him. He's got to do I mean the story I told you earlier. He I mean he has to be knowing but it's it's more like I think he's the son in the crime family whether he's he's Fredo or Michael, I guess Remains the Same Eric Fredo to me. Yeah. Actually, you're absolutely right. Well, how about I mean who is like cuz cuz ivanka's made pumpkin juice and made $182 million dollars while Trump was in office. I mean, how is this acceptable to the American people? It's also they're completely different rules for republicans and the Democrats. I mean what you keep hearing from Republican friends are what what about her email? You know, what kind of we're talking about trees and wage. Talking about a theft on a grand grand scale the undermining of American democracy and you know, I think it was unwise for a hundred bucks off of work and that but in the Ukrainian company, but still it's nothing compared to what's been going on with the Republicans. Now, I'm just going to open I open this up to the chat room here if anybody's got any questions for Craig Now's the Time to ask. I know you can't see him but I I will read them as soon as they come and don't forget the supercharged that it always helps u r or the target what has happened to, you know, a bill Barnes kind of disappeared like John Boehner and Paul Ryan, they all just seemed to disappear somewhere, right, you know, there's gotta be a good story there and unfortunately, I don't know the answer. It's very very rich. It's worth knowing about and that law firm. He was part of Kirkland & Ellis had just enormous clout. I mean, it's one thing you what you saw was this entire right-wing movement sort of take over the justice department under Trump and many of them were a part of this firm called Kirkland & Ellis who like Jones in Des represents a lot of the Russians. They also represented a guy named Jeffrey Epstein and what was really interesting and all that was when Epstein was prosecuted in the first time. This is back in Palm Beach around 2005 the prosecutor Alex Acosta was from Kirkland & Ellis and his defense a defense attorneys were also from Kirkland & Ellis. So it makes it very very cozy if your lawyers can sweet-talk to Palm Sakura cuz they're they're partners and they have a lot of shared interests and get you the sweetheart deal to Jeffrey Epstein God died in Brazil has a question for you Craig Craig. When you bombed pay for her crimes, I've got I wish I knew I sure hope so, I mean it's you know, I am so much into you know, we'll just have to see I wish I knew the answer to that there there's a lot going on in New York now with the district attorney and and it's a good sign that Trump got his tax returns, but I don't off the top trumps tax returns of our being turned over but I really don't know the answer about Ivanka Crenshaw. Anyone has a question real quick with you exposing Trump and Putin. Are you concerned about your safety? Are you taking any actions to ensure that you're safe? I got a kovich shot last weekend, but in my job I you know for some reason I don't I kind of think I'm small fry compared to some of the other fish there after I have some admiration for my source your expense who is a KGB agent and who has been very forceful in talking about against Putin and he was also a partner of Alexander litvinenko who was poisoned and killed and Yuri courageously step forward after that and fingered the Assassin the murder in that case cause you already went on to work with Boris berezovsky who also ended up dead and then after that he worked with Bobby Levinson who was a legendary FBI agent and he ended up being captured as well and ended up dead in an island off of Iran. So so this is serious stuff. I don't really have such personal life. You know, I take some precautions I talk on try to talk unsecured phones and all that but you know, you can't always look over your back here and never get anything done with no. I don't I don't ever do it and I'm the one who pranked Donald Trump. I don't know. If you I don't know if you call that Craig. I know it doesn't tell me about it. Oh no. No, I I I I pretended I was first I would tend that I was Senator Bob Menendez a British assistant with the worst English accent since Lindsay Lohan in The Parent Trap..
The Stuttering John Podcast
"kirkland ellis" Discussed on The Stuttering John Podcast
"To lighten the load and that was what he wanted from front more than anything the same, you know, I don't know if everyone understands same since but they're trying to punish The Incredibles the these multi multi billionaires almost all the Oleg Arts are wage. If you are an oligarch in Russia, you are a personal friend of Vladimir Putin you do exactly what he wants and you'll see the oligarchs and turn start hiring these dead. Huge American law firms. I'm talking about firms like Kirkland & Ellis and Jones day where lawyers make ten million dollars a year and more and if you're making that kind of money working for the oligarchs you in effect are an agent for for for Vladimir Putin it is just insane. And so today we meet like I have heard about, you know, some you know, I watch some of the hearing of the Insurrection now Putin's got to be ecstatic that the Insurrection happened know home. Well, yes, I don't know. I mean Trump may have gone too far and obviously he you know, I mean it's power he's out of power. So there are a lot of things that are very very fluid right now, That is Trump being in the Oval Office was Putin like that and now he's out and and we don't know what's going to happen to the Republican party. I think what Punjab Likes is that Trump has gotten all his followers to believe that American democracy is dead that it's corrupt that it's flawed wouldn't have been saying that himself for many many years. Now. He's gotten about seventy million Americans to believe in it, but putting himself maybe in a little trouble there there have been reports that one of his health and people have talked that he may Parkinson's disease or something more serious as well. In addition you have Neva name is is, you know, a heroic figure who's now in jail, and that means the country's a little de stabilized and with navalny in jail be seen whether he almost adults and Mandela type of figure and that would thrash movement as well. So you have a lot of things in motion and it's going to be a while before the they sort out. Yeah, and before I forget I just want to cuz I forgot to promote birth And Tom Arnold's podcast. He's on Mondays 8 a.m. Called off the topic the Tom Arnold. Sorry Craig. I just you know, I forgot I'm a man of my word and I may have to do that. But now what happens now, all right trumps out of office what I mean does Trump have any value to Putin anymore? Well, I think he does a disruptive force and look what's happened to the Republican party and you'll need other people waiting in the wings like Josh Hawley or Ted Cruz. I mean, I think some of them are going to try to take Trump's Choice as as and from himself may try to come back in 2024 and he'll do as much as all of them will do as much as they can to keep things divorce table eyes. And it also comes at a time when you know Biden one by a pretty healthy margin in the popular vote. But within Congress, it was just a Razor's Edge both in the house and yep. The Senate and that said I think Biden's gotten off to an excellent. Excellent start. I mean people want this covid-19. It's all part of a much larger picture in which Russia is using all these forces whether it's cyber warfare or whatever to fuel this right-wing populism that Trump commandeered and that's going on in other countries as well in the west and in Europe and the brakes it was part of that in in England and Thursday. It's true in a lot a lot throughout Europe. Yeah, but but but I guess what I'm trying to say is that now that trumps out of office is he still as valuable as much less valuable and and I think we don't know how that'll play out. It may be that you know, people will feel that he's not nearly as dangerous and that's what would be interesting if someone a compliment is released by people in in Russia's secret services and the efforts it's the FSB. Now what used to be the KGB off? But they're they have material on Trump that can be very very damning. And I don't know if it's the videotapes of sexual activities or more likely I think on financial material and also the the secret conversations Trump had with Vladimir Putin there is no question that that Russia has those tapes or information about those recordings. I'm sure they have stuff on financial Shenanigans, whether it's the money laundering prompted for for reservations or later in two thousand and two Russian company called bayrock ended up in Trump Tower and they started partnering with prompt and giving him very very lucrative deals to franchises name and build and develop Tower to Trump Soho here is now called The Dominic but it was a fog 50 story hotel and Soho that immediately went belly-up like much of Trumps project. So they have all the goods on that kind of stuff and we'll see what happens with that. All right. Now I got to ask the question that I had been waiting to ask you Craig. The peak tapes does Putin have the pee tapes and it's anything dangling and thought Trump's face going if you do anything. This is what we're going to expose you for getting getting paid on. Well, I don't I hate to disappoint you but I the bottom line is I don't know but I'll take what I do now. Okay, and and I think you know, I did talk to one. He was a monster in the Russian mafia who said that he had seen tapes of them very young girls and it was the sort of strange moment in our conversation. He this was someone overseas he was close to the top Russian Mobsters dead. And in a certain point I I've been talking to him for an hour or two. And I said, why do you hate Trump so much you've done well by me longer at all your money and all that stuff and the guy said well, you've got it understand I can't do a Russian accent. But if a Russian mobster is disgusted. It's got to be really disgusting and he started talking about these tapes of trumping with a very very young girl. I have not seen them there but there are other tapes and and for this we may have to switch to this topic Jeffrey Epstein. Yeah, and I interviewed a man named John Mark Dougan who was deputy sheriff in Palm Beach county in the Palm Beach Sheriff's Department was one of the first to really investigate sex trafficking by the Jeffrey Epstein deal and Maxwell. Group and they collected according to this deputy sheriff 478 videos of sexual activity that was secretly being done by Epstein and according to my source who I tracked down in Moscow, by the way, they he took those 478 tapes off to Russia with them and he met with a very powerful Russian guy named Pavel Borodin. I actually had photos of the sheriff and burden.
Bloomberg Radio New York
"kirkland ellis" Discussed on Bloomberg Radio New York
"Though. 35 Wednesday cloudy high 35 Thursday Sunny high of 40 right now. Snow showers 32 degrees with the best ride in and out of the city I make Pileggi Bloomberg 11 30 Bloomberg sound, Don continues. Everything seems to be in motion the macro clearly being proven by the Corona virus outbreak, But here the narrative is driven by uncertainty and you're on solid ground looking forward guarding you through all of this Bloomberg radio Bloomberg the world is listening. We're going to be talking more about the game stops saga, but before we do that, let's get a quick check on the markets with Charlie Paella. Thank you very much news. What's going on Gamestop today Down by 31% passing along a headline from the Bloomberg Professional Service. Related to our upcoming conversation. CMI raising Comex. Silver futures margins by 18% Silver Futures surged today after getting interest in Internet chat rooms. Today we saw Silver up by just about 8% today. The silver et F b i share. Silver Trustee TF ticker s L V Up today By 7.1% Bottom line going up Monday here today, we had a flurry of buying stocks having their biggest rally in about 10 weeks as several strategists said the recent explosion of speculative buying will not derail the bull market in equities s and P Up. 59 up 1.6% the Dow up 229 of 8/10 of 1%. As stack up today by 2.5%. Tender down 4 30 seconds. 10 Year Yield 1.6% gold Today at 18 60 the ounce up right now by 14 cents. Crude Saw gain of 2.6% West Texas Intermediate 53 55 a barrel again recapping equities higher SNP Rallying 59 points up 1.6%. Sound on continues once again. Here she is your host for the Monday edition. Jeannie Shan Xeno. Thank you, Charlie. On Sunday, Jared Bernstein, a member of President Biden's Council of Economic Advisers, expressed confidence in US market regulators, saying that speculation volatilities are a constant as he said, in markets we have sound on that. The president's main concern there is that the regulator in charge, the SEC Security and Exchange Commission has to make sure it not that there's no volatilities and speculation in the market that's a constant but that the underlying plumbing of the financial markets remain sound. While Senator Elizabeth Warren said a broker deal like Robin Hood that invites a lot of individual investors needs to operate under some basic rules. We have sound on that. It's not about protecting people from making bad trades. It's about keeping the playing field level can't do that in the middle of a trading cycle. And here with me and brick Davis. As always. We want to welcome Norm, Champ partner at Kirkland and Ellis and former director of the division of Investment management at the SEC. So, Norman, let me just ask you based on what we were Just hearing from both Bernstein and Warren are the underlying, as Bernstein said, is the underlying plumbing of the financial markets. Does that remain sound or has this story sort of thrown a monkey wrench into that? Oh, I think so. Thanks So much for having me. I think the underlying plumbing is Just fine. You know, the The best part of that statement was Look, we've had the short squeezes. We've had these events. In the past, frankly, You know, there's times when things just sort of cruise up and up and up, which generally have been where traders actually prefer more volatilities. So there's our markets are very deep. Very liquid. You've seen real interesting development with stacks of the last year that's going to result in war public companies. One thing we've been battling is actually fewer public companies us. We have half assed, many as we had 20 years ago. Ideas have been way down. But the capital markets been looming over the last couple years, and that's getting more companies in the market are markets are still the envy of the rest of the world. Our markets have financed You name it. Google, Facebook Amazon right. Those companies aren't rising in other countries. They're rising here because of the depth and breath of our markets. Norm. This Rick Davis. Thank you so much for being on the program today. Looking forward to the conversation is, isn't it all in effect in the SEC that it doesn't have Ah, sentence Senate confirmed chair right now. Gary Gensler has been nominated but not confirmed. Does that matter in a situation like this, where either communication to the market or management within the regulatory agency is suffering? That's a great question, Rick. I mean, certainly it would be better if we had a confirmed chair right at the moment, but Alison leaves the acting chair and experienced hand as a commissioner. I think the apparatus that remember The actual group of people who changed jobs at the top of the SEC and from one administration. The other is extremely small, so five commissioners and call it another. You know, maybe 50 people, some like that pure 100 out of a 4500 person agency, So they have a lot of career apparatus there, people That I think are well capable of going out and trying to figure this out, right? And I'm certain that They are out there, you know, getting the market data right? They can get all this data of all the trading that's been going on and I'm sure they're trying to analyze it and figure out exactly what's been happening over the last couple weeks. That's the first thing is Does all this publicity all these stories? If I was back there first things first. Let's get the facts of what exactly has happened. That's my following conversation with you. I'd like to have because That s E. She did put out a statement saying that they want to probe market activity for misconduct on duh, these air regulated entities. They're certain rules there. No rules against MO mentum trading, but there are rules against pump and dump. Where are we in this? I mean, it seems to me that we sort of vast late to some degree back and forth in that scenario. There's no question you your lead in there. I heard you know the reporter mentioning that now game stops down 30%. You know, this has features. Of that It looks like as you say. A fine line. People. Can Pilon on mo mentum people consider in chat rooms and talk about stocks and, you know, potentially go out by him. We saw this huge rise. We are now seeing, you know the downside. I think one of the questions I'm sure that they want to figure out is Are we really talking about just individual trading. Out of these chat rooms, people who are talking and so forth and then going and putting, you know, let's say their retail money into these names. Or I'm sure that the question they have is, are there other actors in the market who are potentially monitoring the state rooms or watching the press or whatever. And are those actors helping push these names up that that would be? I think one of their first questions because to your point Gotta figure out exactly what's happening before you could even reach any kind of conclusion about whether there's something wrong happening. I don't think we need Market structure changes out of this, but we need facts. The FCC's got to figure out the facts. What's going on? Norm. What do you make of the fact that we haven't heard much specific out of the White House on this yet? Well, if you were You know, actually think that's why I mean, if I was in the White House, I think I'd be I think some are kind of stuff, right? Did you see She's got the expertise? They've got the data, you know, Finn Row, which is self regulatory organization for broker dealers. Sandra Mom has all the trading data for every day and so I'm sure they're working very closely with Venera. And I think if The driver of the White House shoes. I think I would also wait and let's see what the facts are, you know, because it's just there since so much publicity and so much on the Internet and you know Suddenly, you know, even my kids want to talk about. You know what about this, dad? You know, because I was at the sec. Yeah, we're seeing it everywhere. And I think I would be waiting to understand what the facts are, because it's just no one knows. Yeah, And then Norman with you, my kids of well, they are usually not fascinated by Wall Street stories. But this one has caught their attention. And I think it's not only because it's Gamestop and read it. But there's so much about it that they're, you know, sort of glued to the story. I think, like so many of us, so we wanted to ask Norm or I think one of my questions has to do with this issue of collusion. And so much more so we're going to keep talking to Norm, Champ partner at Kirkland Ellis. I.