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David Enrich Profile picture
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14 Jun, 4 tweets, 2 min read
My parents recently moved out of my childhood home and shipped me many boxes of…stuff. Here are some of the treasures I’ve found.

1. A 21-year-old box of Kraft macaroni.
2. A big pile of 30+year-old Red Sox ticket stubs. And a 1991 baseball calendar. And Mo Vaughan’s batting helmet.
A picture of me and the great Rico Petrocelli circa 1989
Some of my early writing. “Buy a decent pen!” my teacher wrote.

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More from @davidenrich

David Enrich Profile picture
12 Jun
Big @nytimes investigation: How the private equity industry conquered the US tax system:
• Industry whistle-blowers have repeatedly flagged potentially illegal tax avoidance to IRS.
• Yet IRS has stopped auditing the industry. @JesseDrucker @dannyhakim nytimes.com/2021/06/12/bus…
If you earn less than $25K, you are much more likely to face IRS audit than a billionaire private equity exec.

Meanwhile, the industry has steamrolled the Treasury in GOP and Dem administrations.

Billions of dollars in income go untaxed.

More to come in this vein. Stay tuned.
Industry lawyer says move on, there’s nothing new to see here ⬇️⬇️
Read 4 tweets
David Enrich Profile picture
26 May
NEW: Bill Gates’s longtime money manager, Michael Larson, engaged in sexual and racial harassment and intimidation of employees at Gates's Cascade Investment, a @nytimes investigation finds. @PreetaTweets @FlitterOnFraud @nkulish nytimes.com/2021/05/26/bus…
At least 6 people, including 4 Cascade employees, complained to Bill Gates about Larson’s inappropriate behavior. Cascade made payments to at least 7 who knew about his behavior.

Yet Larson remains in charge of Gates’s personal fortune and his foundation’s endowment.
Sources told us that Larson did things like asking men which female employees they’d like to "fuck." He asked one woman if she’d strip for him. He compared nude photos to Cascade’s head of HR.

"Everybody knows that Black people don’t vote," he told a Black employee.
Read 7 tweets
David Enrich Profile picture
16 May
Exclusive: The breakup of Bill and Melinda Gates’s marriage is shedding new light on an open secret within Microsoft and his foundation: Gates has at times behaved badly in work-related settings.

A @nytimes investigation. @FlitterOnFraud @MattGoldstein26 nytimes.com/2021/05/16/bus…
Among our findings:
• Gates asked Microsoft and foundation subordinates out on dates.
• His money manager was accused of sexual harassment; Gates agreed to a secret settlement.
• His relationship with Jeffrey Epstein went on longer than previously known.
A couple of examples of Bill Gates's inappropriate workplace conduct.
Read 10 tweets
David Enrich Profile picture
24 Apr
Here is a story for you.

Online slander is a big problem. @kashhill wrote a big piece about this earlier in the year. nytimes.com/2021/01/30/tec…

If you’re slandered online, people often pay thousands of dollars to “reputation management” companies to get the slander deleted. (1/4)
We wanted to see who is making money from the online slander industry.

So we did an experiment. The @nytimes slandered one of its reporters: @aaron_krolik.

We watched as a couple of our slanderous posts about Aaron cascaded across the internet. (2/4)
It was going to cost $20K to remove Aaron’s slander. (We didn’t pay.)

We spent months tracking who is behind this. There are shell companies and fake identities and many liars.

We learned that those spreading slander and those being paid to remove it are the same. (3/4)
Read 5 tweets
David Enrich Profile picture
25 Jan
Breaking: Leon Black paid $150 million to Jeffrey Epstein – more than twice as much as was previously known. Following an attempted boardroom coup, he will step down as CEO of private-equity firm Apollo. @MattGoldstein26 @katierosman nytimes.com/2021/01/25/bus…
The $150M figure means Leon Black was almost singlehandedly supporting Epstein for years before he died.

This news is a direct result of 18+ months of dogged reporting by @nytimes @MattGoldstein26, whose stories led Apollo to launch an outside review of Black’s ties to Epstein.
In particular, this front-page story in October – which showed Black had secretly provided at least $75M to Epstein – led to an outcry among some of Apollo’s clients and prompted the company's board to open an investigation. nytimes.com/2020/10/12/bus…
Read 5 tweets
David Enrich Profile picture
8 Jan
Breaking: Justice Dept is about to penalize @DeutscheBank for violating anti-bribery laws as it tried to win business in places like China. The bank is expected to pay more than $100 million in penalties. nytimes.com/2021/01/08/bus…
The charges involve Deutsche's efforts to win business in China (and possibly other countries), where the bank for years doled out lavish gifts and huge amounts of money to Chinese insiders.

Deutsche and DOJ are expected to enter into a so-called deferred prosecution agreement.
It is very noteworthy that this settlement is coming in the dying days of @realDonaldTrump's presidency.

He owes the bank more than $300M, which he personally guaranteed and is coming due soon. There is no avoiding the appearance of a conflict of interest here.
Read 7 tweets

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