@P_Remarks@BillAckman I’m sure his investors are happy with him putting all his time and energy into stopping the Zohran Mamdani reign of terror over NYC.
Shai Gilgeous-Alexander shares his assessment of the Knicks after playing them tonight:
"Good team. Obviously, a good offense, then they have really good defenders up there as well, so they're well-balanced. They're obviously top of the East for a reason. They're a good team, playoff team. Really good roster."
@DerivativesDon Because all the toxic debt is in the private market now. High Yield tech spreads are up +140bps but it isn’t as large a share of the market as private credit is with their exposure to software.