One of Wall Street's sleaziest big banks, JPMorgan Chase, helped loot Malaysia's piggy bank "in one of the largest financial crimes of the century" (so far). As is so often the case, the crooks bought their way out of any real accountability.
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@dangillmor
This goes a long way to explaining why Trump wants his own sovereign wealth fund.
Endless opportunities for public corruption by looting the wealth of his own nation to enrich himself and fund wars on his opponents.
https://www.msnbc.com/top-stories/latest/trump-family-profit-white-house-billions-rcna225627
https://www.newyorker.com/magazine/2025/08/18/the-number
https://www.theguardian.com/business/2025/feb/04/sovereign-wealth-funds-donald-trump-what-is-it-why
https://www.newyorker.com/newsletter/the-daily/trumps-presidential-jackpot
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@dangillmor
I find your posts to be consistently informative and engaging. The breadth of information you share is truly impressive. As someone working in capital markets, I find this type of news particularly valuable.
I find your posts to be consistently informative and engaging. The breadth of information you share is truly impressive. As someone working in capital markets, I find this type of news particularly valuable.
Thank you again for your efforts, and I hope you continue to share your insights regularly.