Remarkable outcome as #CurtisFlowers is freed on bail after being tried six times for murder. Thanks to incredible reporting by @InTheDarkAPM, we learned of the many questions around the evidence, and the apparently race-based jury selection that occurred nyti.ms/2S8Mxc7
@InTheDarkAPM That podcast was some of the best reporting I've read or heard in recent years. Talk about impact journalism. @InTheDarkAPM
@InTheDarkAPM When the issues of the jury's racial composition reached SCOTUS, #BrettKavanaugh wrote a majority opinion stating that the Mississippi DA who prosecuted the case violated Flowers's constitutional rights. That was in June.
@InTheDarkAPM Yesterday, the judge who freed Flowers on bail quoted Kavanaugh's comments from his confirmation hearing, fourteen months ago. That state of Mississippi, the judge said, "will reap the whirlwind" over the DA's recent inaction on the case.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
New details about the @FBI probe into Brett Kavanaugh's past have emerged, and Democratic Senators are not happy.
.@SenWhitehouse accuses the @FBI of running a "fake tip line" and @SenBlumenthal calls the process "an injustice" that was "orchestrated by the White House under Donald Trump."
The @FBI says it was running an additional background probe at the request of the White House, and that sending the most "relevant" of the 4,500 tips on Kavanaugh it received there was the correct process.
Since February, I have been working on and off on a look at the controversial tenure of Tidjane Thiam as CEO of @creditsuisse. I learned a few things along the way.
Thiam was only the second Black CEO of a major international bank (after Stanley O'Neal, the CEO of Merrill Lynch, who left that bank under a cloud in 2007). Hopes were high for Thiam's impact on Credit Suisse: company shares rose 7% when his hiring was announced.
Reserved, intellectual, a speaker of French, English, and some German, Thiam had been born in Ivory Coast, educated in France, and had worked at the World Bank and McKinsey before running @pru_uk.
During the virus, @GoldmanSachs chief David Solomon has scored points for his strong results, numerous client interactions and empathic work from home policies. nytimes.com/2020/08/11/bus…
There have been missteps, including his performance at a recent Hamptons concert where attendees partied in close quarters, angering @NYGovCuomo.
Some @GoldmanSachs directors have suggested that golf might be a better hobby for Solomon, a modern-minded CEO who mixes and records electronic music under the name DJ D-Sol.
Some Wall Street traders are feeling the heat -- from supervisors. @jsbgreenberg and I talked to nine present and six fmr markets employees at @BankofAmerica. They said that whether feverish or simply afraid, they are pressured to come to work. nyti.ms/2UZFaop
One estimated that there are 10+ confirmed or likely cases on the fifth floor of the bank's midtown office, where stock traders sit. "Lot of cases are popping up," the employee texted a relative.
On a March 27 call w global salespeople, an executive praised company leaders who were continuing to come in - as well as @BankofAmerica workers in India, whom he reported are sleeping at the office as well as working there.
Private equity is jumping -- aggressively -- into the financial-policy discussion. Apollo, the $331b investor and lender, is leading the charge. nyti.ms/3bTQIPg
"Too little attention has been paid to the financial plumbing of the economy,” wrote @apolloglobal's Marc Rowan in a draft paper on March 29, mentioning the markets for securitized products and real estate. These areas have "seized up," he added.
Rowan believes the Fed should make a wide variety of investment grade assets eligible for TALF support -- including commercial real estate, structured products, and many more. He has shared his case widely with other investors, insurers, and regulators.
Wall Street's in a weird spot right now. Volume and volatility are way up. Clients are drawing down credit lines and looking to sell assets. So they're busier than in quite a while. But suddenly, they're in a public health crisis - and working at home to boot.
The column-free, football-field size trading floor that typified the last twenty years of Wall Street culture has been replaced by home offices, bedrooms, and living room couches, zoom meetings and mobile-to-mobile conference calls.
Meanwhile, folks at @blackstone, @GoldmanSachs, Point72, and many others are falling ill. Commodities analyst Jeffrey Christian was in a Cape Town, South Africa ER when I reached him Monday morning, waiting for a #coronavirus test. "Woke up w a nasty fever and chills," he wrote.