Meet the Guggenheims

I forgot to mention Towriss lol

bro found out insurance were technically banks with less regulation and went full retard lol. I was thinking to myself who’s buying that much art out there for to have all this free cashflow plus chelsea hasn’t won since he bought them and he hasn’t owned the Dodgers as long enough to really profit. Great coverage you earned a follow

“Was Magic Johnson getting his money from AIDS?”- What a line

Block of Guggenheim TL traded at 80 today! vs mid 90s Friday.

What’s the CUSIP?

ID Number: BL4812147. GUGGPA TL B Hearing that it was quoted back up in the mid 80s on v little volume/wide bid ask after the close. I guess earnings were reported and were off due to timing of accrued fees recognition before management attempted to assure investors.

Is Shohei’s contract just a fixed annuity?

Haha basically

It's happening isn't it

Diabolical ending

Great reporting, Nick. One connection worth looking at: Mark Walter is also a director of Carvana. Carvana has generated enormous profits originating auto loans and selling/securitizing that paper to insurance-backed buyers tied to Walter’s ecosystem. Given everything you’re uncovering about the use of insurance-company capital, it raises an interesting question: how long before regulators start taking a much closer look at the Garcias and Carvana?

Not enough. And hoping to slash. Needs a buyer

Yup. The storm is upon them.

@NickNemo17 meet @Indy_reporter_ describing the Andretti group sponsors.

Signing off with “this all resembles aids” after bringing up Magic Johnson is the type of shit I subscribe to.

This all resembles aids...🤣🤣🤣

The irony of it all is I'm a Chelsea fan and everyone has hated him and Boehly for awhile

Who’s playing the Chopin C minor nocturne in the background?

@barnes_law We bailed out AIG and the other frauds in 2008

great video. I left supply chain finance because insurance etc. I thought the whole thing would blow up after Greenshill. Never underestimate how crazy it can get.

Todd Boehly is NOT a founder of Guggenheim. He came along quite some time after …

Good. Fuck the @Dodgers & @MLB Hope they fall hard

Jews gonna jew.... Whattayagonnado?

@grok Fact check the claims in this video

@MindandEmotion7

You simply do not miss. 👏 Keep up the great work!

Nick.. great stuff... video was breaking up. Is the cost of all insurance soaring any relation or unrelated (sorry if that's a stupid question). And also, is it having an effect on interest rates not going down despite lowering inflation? Thanks

How long until they start a fire sale on the art collections? Interviewed with the COO of the FoF business after leaving JPM. Alpha Boss lady energy. To date, the only interview I've ever had where I received negative feedback within 10 min.... From the interviewer... In writing.

Reminds me of this similar case:

Is it possible to short these insurance stocks then?

Any delay in the selling of the Lakers is very important and could force a default. Walter and Guggenheim need to sell liquid assets and raise capital. It sounds like there are covenants or rules to recapitalize the insurance companies. And are usually very strict.

How much trouble is Magic Johnson and EquiTrust in? A rising tide lifts all boats. Isn’t Magics boat (or yacht), in the same waters as Walter’s?

@grok can you explain this rambling word salad in detail?

No bueno!!

Hey Nick, Thanks for publishing all your work on this - It's enlightening for sports fans interested in who funds/owns their teams. QQ; You referenced 'Magic Johnson' at the end & AIDS. Was that a 'Viaticals' reference? #777Partners & a forerunner of that #MutualBenefits ? 💸

So when does this all blow up ? Similar to 2008 financial crisis - fed bail out ? What’s the end game ? You are out of tech and are in Groupon ,I’m seriously asking the questions