Corporate gossip

Corporate Gossip Podcast S1 wherever you get your podcasts!

[Corporate gossip @Corpgossip]

Hi everyone! I'm Becca, the host of the Corporate Gossip Podcast - listen wherever you get your podcasts.

[Robert Reich @RBReich]

Reminder that before 1982, stock buybacks were considered stock manipulation. Reagan's SEC opened the floodgates to their abuse.

Stock buybacks don’t create more jobs. They don't increase wages. They don’t grow the economy.

They do one thing: Make corporate execs richer.

[Corporate gossip @Corpgossip]

Ooph Spiro is sounding increasingly desperate. He keeps objecting to Porritts rebuttal to closing. Shoot your shot I guess but he just sounds like a grumpy teenager.

[Corporate gossip @Corpgossip]

@chancery_daily Is spiro crying rn dead serious

[Corporate gossip @Corpgossip]

JP Morgan big mad at Elon, a literal CHILD!!! 😡

[Corporate gossip @Corpgossip]

Spiro should lose this case on cadence alone.

[Corporate gossip @Corpgossip]

Chen is talking about a whole foods dark chocolate cookie thats, "healthy, as far as I'm concerned"

[Corporate gossip @Corpgossip]

Oops! Did i say Musk is liable? I mean liable oops sorry liable oops sorry liable

[Corporate gossip @Corpgossip]

A KID!! I can't believe Spiro is literally using the widdle baby defense for Elon Musk. He "is" a kid. Roblox & market manipulation all before lunch.

[Corporate gossip @Corpgossip]

Elon tweeted out "funding secured" in the fog of war, which means driving on to the tarmac to hop on his PJ. He apparently rushed to get the tweet out because he wouldn't have wifi on his plane... in 2018???

[Corporate gossip @Corpgossip]

@Tweetermeyer The "widdle baby" defense!

[Corporate gossip @Corpgossip]

There was a lack of guidelines, described by one expert witness as an "egregious corporate governance breach" gave rise to the Elons tweets. He's 100% responsible for the outcome (shareholder losses).

[Corporate gossip @Corpgossip]

A $60bn deal was made (the size of countries combined) was made without anyone taking notes on the meeting. Does that sound credible at all? Asks Porritt.

[Corporate gossip @Corpgossip]

The fact that the defense couldn't find a single expert witness should tell you all you need to know, says Porritt. IMO cross examination of these experts was kind of random and all over the place.

[Corporate gossip @Corpgossip]

Porritt: Elon Musk acted fraudulently... that's not in dispute in this trial. The question becomes whether Musk should be held accountable for these tweets. Do not let the defense confuse you, it's deflection and misdirection. Musk's tweets caused investors harm.

[Corporate gossip @Corpgossip]

"Funding secured" trial closing arguments underway. I learned a lot from this trial ngl. At question, according to the plaintiff's lawyer, should the rules that apply to all of us apply to Elon Musk as well?