In my opinion the biggest mistake we ever made in Nigeria Football was to allow Amaju Pinnick rule as NFF President.
Pinnick actually signed the Adidas contract before leaving the office and hang it on Gusau.
Gusau was not happy with the "SLAVE CONTRACT" signed by Amaju Pinnick but he accepted it.
The Adidas deal which will take effect in 2027 was signed by Amaju Pinnick before Gusau emergence as NFF President.
May PINNICK NEVER HAPPENED to Nigeria 🇳🇬 Football again. 🙏🏼🙏🏼
West Africa has the highest average tax on air passengers in Africa, with travellers paying about $110 per departure, according to a new report by the Atlantic Council. https://t.co/jbNCfiRTL9
Bloomberg broke that a LeBron James entity borrowed ~$300M from two life insurers against his non-NBA income, and wrote that "terms are otherwise scant in the records reviewed by Bloomberg."
I bought the records. Midland National (66044) and North American (66974), 2025 annuals.
`49549*-AA-3` secured term loan, 4.800%, funded 03/06/2018, matures 12/01/2049. **NAIC 1.E PL.** `49549*-AB-1` secured term loan A-2, 5.750%, funded 09/01/2022, matures 12/06/2056. **NAIC 1.G PL.**
NAIC 1 is the top tier, the treatment given to high grade corporate debt.
PL means private letter rating. The filing withholds the agency and withholds the analysis. What surfaces is the grade and the capital charge that follows from it.
Matt Levine asked that morning whether a LeBron bond "could be an investment-grade credit instrument." It is. It's in the filing.
Then I counted the rest. **658 privately rated positions across the two insurers.** King James Funding is 2 of them. Three lines below LeBron sits Vanderbilt University Medical Center at ~$102M.
⚠️ ~$11.8B of ~$78B is a proxy pending confirmation of the dollar column. The COUNT of 658 is solid. Treat the dollars as an order of magnitude.
Sammons has >$147B in assets and >1.7M policies. Guggenheim was the sole asset manager until 2021 and still runs ~73% of the book.
LeBron has done nothing wrong. His spokesperson calls it a securitization of personal non-NBA income, the 2022 deal was NBA-approved, and Bloomberg says plainly there's no link to the Walter inquiries.
He's the door. The room is 658 positions graded in a way nobody outside can read.
They had the sources. I had the filings. Anyone can buy them.
You don’t understand what the private intelligence and military development companies—like Anduril, Skunkworks, and Northrup—are capable of.
Palantir is comfortable sharing this. You don’t share your most effective tools in this space…
Clip from excellent DW documentary on drone warfare.
"War against Russia is one thing. War against China is quite another. China make all our electronic components. You know, I use electric components to make circuit boards, to make timers for the bombs we use all the time. Can I find components that are made outside of China? No. So, what happens if we go to war with China and we suddenly feel and realize that we haven't got factories that make a lot of stuff that becomes essential..."
Note, Dutch guy is wrong about DJI being a state-owned company.
Worth watching the whole thing:
https://t.co/DwvjqTTOdS
🚨Genesee County uses Flock cameras to capture and search vehicle data. But when Kettering University student Josh Tewolde requested records showing where the cameras are, who accessed the data and whether his vehicle was scanned, the county withheld key information.
Its excuse? The records belong to Flock, a private contractor. But the county’s own contract says it owns the data.
Josh is suing because government should not be able to hide public surveillance records behind a private company. If the government uses the cameras, the public deserves transparency.
Big Daddy Kane got a new trend called Barz Open Challenge on instagram and he called out Jadakiss to be the first to do the challenge
Jadakiss responded to Big Daddy Kane’s challenge in 20 minutes
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