Matt Bilinsky

Tech/Media/Business Attorney • Start-Up Advisor/Investor • Podcast: The Prevailing Narrative

[Matt Bilinsky @mattbilinsky]

@PhilipLevens @DisgracedProp The Hunter / Kevin Morris relationship was always weird as hell.

[Try Not To @ Me @UsingLyft]

I think Trump is the last president we’ll get with the balls to do what’s necessary to Muslims.

[ApoStructura @ApoStructura]

Reminder that the “datacenters use too much water” problem is fake.

[varrock @varrock]

Its weird that the entire left is just dominated by Palestinian activism.

A tiny country run by a terrorist militia (Hamas) whose explicit goal is to destroy Israel and America is effectively running American politics

[wassieloyer @wassielawyer]

how the fuck did this woman teach law at Harvard like ive literally never heard a good idea come out of her mouth.

its not a political disagreement - she just seems to lack any understanding of second order effects.

if you want to be a socialist at least be an effective one.

[oecolamp @oecolamp]

Data centers are our generation's version of nuclear power in that they seem to be supported by anybody with any brains and are exclusively hated by the most self-satisfied, uncurious retards alive.

[Puru Saxena @saxena_puru]

The Dot-com bubble had massive oversupply, lack of demand and companies were valued on "eyeballs". Stocks used to soar 50-100% in a day when a company added ".com" after its name!

AI has strong demand, lack of supply and semis are now trading ~12x NTM P/E.

Not the same.

[Pub @PubWanghaf]

It was really cool that Tucker Carlson just absolutely lied baselessly that Trump was on the verge of nuking Iran right before election night

Just… lied. Never addressed it after it didn’t happen. Just business as usual

These people are scum

[Matt Bilinsky @mattbilinsky]

@marklevinshow You are an embarrassment to the Jewish people. For the love of god shut up.

[Boring_Business @BoringBiz_]

Time to bring back this absolute banger

[Shibetoshi Nakamoto @BillyM2k]

this is so pathetic

bro wasn’t the best president but he is 83 and battling cancer and no longer in a position of power

modern day “protestors” are just cancerous narcissists

[Matt Bilinsky @mattbilinsky]

Lol Fishback is such a perfect proxy for the New Chud Anti-Semitism.

And a bunch of "New Right" figures paid him lip service lol hilarious.

[David Einhorn @davidein]

Greenlight has won all litigation with James Fishback. @jamesfishback has been ordered to return every penny of salary and bonus that we ever paid him, to repay the money we lent him, to pay most of our legal fees, and to stop claiming titles, roles and responsibilities he never had. No, Fishback was not the “Head of Macro.” Rather, as the arbitrator found, he was a “faithless servant.”

That’s a fancy legal way of saying that Fishback was so disloyal during his employment that he was ordered to refund to us his entire compensation during his tenure at Greenlight.

Ordinarily, my style would be to let this decisive ruling speak for itself.

However, Fishback has made himself a public figure. He publicly requested appointments to be a governor of the Federal Reserve and a U.S. Senator. He unsuccessfully ran for Florida Governor and has hinted that he intends to run for President in the next election. I therefore feel a civic duty to share additional details and thoughts about Fishback’s character and why he should never be placed in a position of trust.

For more than three years, Fishback engaged in a scheme to harass Greenlight Capital and me. While he made a series of false allegations against us, I generally chose to remain silent and allow the legal process to run its course. It has now done so. The result of the final arbitration is that every single claim Fishback ever made about us was either withdrawn or was legally found to be untrue. The conclusion of the arbitration represents the end of all litigation between Greenlight and Fishback, with Greenlight winning a clean sweep and being awarded over $4 million of damages against Fishback due to his tortious actions, false statements and baseless allegations.

Fishback has accused us of lawfare. Let’s set the record straight: it can’t be lawfare when he started the litigation. We simply defended ourselves and made now proved counterclaims.

This all began with Fishback demanding a $5 million pay-off to spare us the reputational harm and legal costs of defending frivolous accusations of religious discrimination, age discrimination, a politically hostile work environment and defamation.

After filing his lawsuit, Fishback told Jack Farley on the Forward Guidance podcast that “discovery is going to be fun” and would vindicate his story. Farley asked how frequently Greenlight employees referred to him as ‘Head of Macro’ and what written evidence supported his claims. Fishback answered “Well, I don’t have access to my company email. If I did, we could produce them up the wazoo.”

Well, discovery came and went and not a single piece of evidence supported any of Fishback’s bogus claims. A company-wide email search revealed that the only additional Greenlight emails calling him “Head of Macro” were those where he gave the title to himself in his signature block while sending external emails where nobody from Greenlight was copied.

Instead, discovery uncovered some outrageous conduct by Fishback. For example, Fishback and his father concocted a scheme to use a fake reference check to create his fraudulent defamation claim against us.

In September of 2023, after his employment ended, Fishback texted his father a draft of a fake reference check email that included an inquiry as to Fishback’s duties as Greenlight’s “Head of Macro.” In the same chain, Fishback texted his father:

“We need them to DEFAME us. Which THEY WILL. That’s another $1 MM right there.”

Fishback persuaded a friend of a friend who worked at an investment firm to send us the fake reference check. When we responded that Fishback was not the Head of Macro, Fishback promptly sued us, claiming that our response caused the friend’s company to walk away from making a $5 million investment in Fishback’s start-up hedge fund.

The friend of the friend testified under oath that he sent the fake reference check as a favor and that his company was never considering investing with Fishback. The friend got fired.

It was all a sham to conjure a fake legal claim to extract money from us.

There’s more that came out in the litigation:

On his final day of employment, Fishback stole Greenlight’s most valuable property, its portfolio of investments, by emailing it to his personal email (in our industry this is a big deal).

An even bigger deal is that he and his father were secretly trading positions in Greenlight’s investment portfolio in their personal accounts.

Fishback admitted to violating his confidentiality obligations to Greenlight over 60 times, including by sending confidential investment information to third parties.

Fishback made numerous statements, including that he ran macro trading at Greenlight and that he was responsible for generating over $100 million of profits – none of which were true.

Fishback told various lies about why he left Greenlight, including that he left due to a hostile political environment.

In a classic example of “You can’t fire me, I quit,” Fishback resigned right after my assistant scheduled a meeting with him so I could fire him for not doing his job.

As for the political environment at Greenlight, Fishback has repeatedly claimed that I am “a Soros aligned hedge fund billionaire.” That’s simply not so. Politically, I am just left of center. I have made large philanthropic contributions to causes supporting bi-partisanship, bridging differences and pluralism. I support centrist Democrat politicians. Some on the far-left have even tried to fight my efforts to have a more civil culture by labeling me a far-right conservative. That isn’t true either.

At Greenlight, we discuss politics so infrequently that I was unaware of Fishback’s views during his tenure. And it surprised me when he quoted scripture in his resignation email. His politics have since been made clear to all. We have no view on the sincerity of his religious beliefs but suffice it to say that we’ve been witness to him breaking those Commandments regarding stealing and lying.

Fishback campaigned for Florida Governor on an extreme “tough on crime” platform. He threatened homeless people with 15 years in jail for being homeless; he threatened teenagers participating in riots with 5 years in jail, including prosecuting minors as adults; he promised criminal prosecutions of homeowners’ associations; and planned for mass deportations of non-citizens. He even said a black man “should be lynched” for confronting him.

And yet, Fishback is a man who believes the laws don’t apply to him. Rules are for other people.

During his campaign, Fishback was challenged for living outside of Florida. His testimony that he lived in Florida was certainly news to us. When Fishback worked for Greenlight, he provided his address as being in Washington, D.C. He had us withhold D.C. resident taxes from his payroll. When he visited our New York office, he frequently submitted expense reimbursements for Amtrak trips between D.C. and New York.

Before this final arbitration, we had already won verdicts against Fishback to repay the loans that we generously lent to him on favorable terms for what he claimed at the time to be a family emergency (though that’s not what he told Jack Farley).

Even with valid court orders of U.S. Federal District Court Judges ordering him to repay us and surrender property to satisfy the judgements, Fishback simply thumbs his nose at the rule of law. He decides on his own that the Judge was a Democrat, or was appointed by a Democrat, or was otherwise politically motivated, rendering the rulings (in his mind) invalid. Fishback was ordered to repay his debt to us: He ignored it. Fishback was ordered to turn over shares in a company and 43 luxury items he owns to us: He ignored it. A company owned by Fishback was ordered to produce documents in discovery: He ignored it. And that is just a partial list.

We have little doubt that he will try to ignore the arbitration ruling against him from the arbitration he commenced. Ignoring court orders is a very dangerous way for anyone to behave. But those that do, especially in such a self-serving fashion, should not be put in a position of public trust or have influence in the enforcement of laws against others.

It doesn’t matter that I’m a Democrat. What does matter is that we gave a seemingly intelligent college drop-out a chance to achieve what he once said was his dream job. And once he was provided with that opportunity, instead of applying any semblance of a work ethic, he chose to be a “faithless servant”.

We have a theory as to why Fishback wishes to continue his political ambitions. We believe that by continuing to seek office, he will find donors to his campaign, PAC and charitable endeavors, and he will use those funds to stay in hotels, rent cars, travel and dine out – all without ever acquiring an asset in his own name that can be used to repay his legitimate creditors, like us. It’s the perfect way for Fishback to continue to grift and continue to avoid paying his debts.

It won’t work. James, you owe us over $4 million and interest is ticking.

And, when we do collect it, I will in turn donate it to a combination of the National Immigration Forum, The Center for Reproductive Rights, The Florida Rights Restoration Coalition, and The Florida Chapter of the ADL. The best way to fight your hate is to support those you hate.

[Matt Bilinsky @mattbilinsky]

I think a big piece of this is the American Ego.

Everyone wants to pound their chest like they made the huge discovery and are fighting the forces of evil and ignorance.

[Yemisi Egbewole @yemisi]

We are reaching levels of mass hysteria over data centers I couldn’t have dreamed of. She helps block $5 billion in development on a lot that’s been abandoned for over 20 years, in a county already struggling with the closure of Six Flags, the (impending) departure of the Commanders, and federal job losses. And her father compares her to Medgar Evers, who was assassinated for his work as a civil rights leader. I mean, come on!

[captive dreamer @captive_dreamer]

Turns out this wasn’t even remotely true. The incentive structure on here is perverse. The most blatant lies and misinformation go viral and get clicks. Sober realism does not

[russ @_walruss]

An obese idiot proudly saving their local abandoned parking lot from being turned into a local money-printing machine is a perfect metaphor for what the country did last Tuesday.

[Ahmed/The Ears/IG: BigBizTheGod 🇸🇴 @big_business_]

Luka Doncic waved off every screen in the last minutes, called Dyson Daniels a bitch, took it all the way to the rim for a tough layup, then went right back to calling Dyson Daniels a bitch again. Best player in the world.

[Matt Bilinsky @mattbilinsky]

@jyashouafar Hahahahah oh yeah bro your responses were driiiiiiping with substance.

Yes, I absolutely look forward to this IRL meet up.

Say when.

[Matt Bilinsky @mattbilinsky]

Throwing Israel under the bus for his decision.

But hey like I’ve said, Bibi shot his shot and missed.

[The Hormuz Letter @HormuzLetter]

BREAKING: Trump says Israel will have to pay the US back "any and all costs" of the Iran war.

"Pay us back any and all costs that we've had for the war," Trump tells CBS's 60 Minutes.

"We're gonna get all that money back," he adds.

Trump says "Without us, they wouldn't exist. Without us, Israel wouldn't exist."

[Matt Bilinsky @mattbilinsky]

@jyashouafar Ahhhh yes you appear to be under the impression you can hop in the replies all smug and condescending and not get it in return.

Sorry to break it to you but that’s not how things work over here.

If you have a substantive assertion to make then do so.

If not - shut the fuck up.

[Dominic Pino @DominicJPino]

Makes sense.

The US is at full employment and the poverty rate is at a record low, yet 1 in 8 people were enrolled in SNAP last year.