Senior correspondent covering Wall Street @businessinsider. Hunted & reported on billionaires in a past life @Forbes. Alum of @columbiajourn and @UWMadison.
"Nearly five years."
Investigative journalism takes years and years. The investment is immense, and always worth it, and, in the era of "hot takes" and ephemeral "content," rigorously reported journalistic work is needed more than ever. We must keep supporting investigative journalism.
From @mannyNYT, lead reporter of the blockbuster piece on Cesar Chavez ⤵️
Our full episode, btw, is a full-length documentary about how two Democratic politicians from Harvard are behind a $2.3B scheme centered around climate change.
They had a key donor: the richest owner in sports.
They hired Drake, Leo DiCaprio, Robert Downey Jr...
And, secretly:
@BusinessInsider Point72's Cubist, Renaissance Technologies, Two Sigma, and Qube Research have all taken losses during the drought that started in June, industry sources told @SaacksAttack and myself.
junior and midlevel traders at top high-speed trading firms are now fielding multimillion-dollar packages — up sharply from a year ago, quants and quant recruiters with direct knowledge of the offers told @alexmorrell and me. https://t.co/ezmM1sGGZ8
Coatue rising star Aaron Weiner's hedge fund launch will get multi-billion dollar check from Millennium in exclusive deal https://t.co/N7EXNY2zk3 via @businessinsider
Last night, we reignited our softball rivalry with the Wall Street Journal for the first time in 2024.
But no matter what happens between the lines, we stand with our colleagues at WSJ in opposition to the unlawful detainment of Evan Gershkovich in Russia.
#WeStandWithEvan
Deal-making looks to have its mojo back. Meet the 20 powerhouse M&A bankers who paved the way in 2023.
via @alexmorrell and @reedalexander
https://t.co/isqWIXSUe5
Stellar reporting and writing from @reedalexander and @HCuccinello. Littered with great details about Henry Medina's efforts to scale his fledgling media company Litquidity while preserving his anonymity.
https://t.co/bGDEcr759i
NEW FROM @BusinessInsider, reported by @HCuccinello and me:
LITQUIDITY UNMASKED: Inside the rise, ambitions, and secret identity of the ex-banker dominating Wall Street’s rumor mill. @litcapital
He’s been one of the most mysterious yet influential voices on Wall Street: the anonymous Instagrammer known only as Litquidity. Since 2017, he’s been the architect of memes and the orchestrator of a rumor mill that’s kept the gossip flowing in the financial-services industry. Think of him as a Gossip Girl for the banking sector, sharing tips about life inside institutions like Goldman Sachs, Bank of America, and Citigroup.
He's accumulated more than 800k followers on the social-media platform along the way, all while keeping his name and identity a secret. That’s over now.
Business Insider can reveal the name, identity, and work history of the former investment banker behind the Litquidity account — and plenty of other details about who he’s worked with, what went right, and what went wrong.
From burned bridges with former Litquidity employee Mark Moran and rifts with the producers of his podcast, to his goals to reinvent himself as a heavy-hitting investor and so much more — check out our full feature.
It’s live now, after months of reporting and dozens of interviews with people who know the real-life Lit:
https://t.co/dNbvorEUS7
The Daily Cardinal asked a UW System spokesperson for an interview for this story multiple times. They declined.
I firmly stand behind our reporting, which included a full copy of the email from Rothman. You can read it here: https://t.co/tg4E7lbkz6
What's going on at Schonfeld Strategic Advisors? Employees of the hedge fund are getting anxious.
via @alexmorrell and @SaacksAttack
https://t.co/SPOCnxTE4x
Dan Simkowitz is the most "CEO-esque" candidate to replace James Gorman. But he is the least likely to become Morgan Stanley's next CEO.
Check out my profile of the little-known exec who runs the bank's $1.4 trillion asset management biz: https://t.co/KTmxs7bpxa
Important story on the rampant misuse of non-compete agreements by @alexmorrell, illustrating how "the imbalance of money and power between employers and employees can short-circuit well-intentioned legal provisions."
https://t.co/2WhqhiRxlv
🧵I began reporting this story back in 2017. At the time, I'd heard rumors about a handful of teachers. I had no idea the abuse stretched back 40 years & involved dozens of educators.
This is the story of how so many from my childhood were hurt, as their community stood silent.
I'm thrilled to see more news organizations covering the prison healthcare company Corizon, and its use of the Texas two-step bankruptcy play.
Please check this one out, from @schwartzapfel and @MarshallProj ( they were good enough to cite our reporting).
https://t.co/Sdsd3tK1Ew via @MarshallProj
bonkers story. Popular decongestant is challenged by scientists in 2007 as being ineffective
FDA apparently says “hey, let’s keep it on the market”
Tens of millions take it.
16 years later FDA votes 16-0 that it really, truly doesn’t work https://t.co/ymIUO9tkp3
Growing quickly from low-key family office to hedge fund giant, Schonfeld Strategic Advisors now faces its biggest challenge yet. via @alexmorrell
https://t.co/whxH2r7pl7