Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
Posted inBanking and Financial Institutions Biden, Joseph R Jr Federal Budget (US) Federal Reserve System Government Bonds National Debt (US) Politics and Government Republican Party Senate Stocks and Bonds Treasury Department United States United States Economy United States Politics and Government

Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
Elliott Management, Activist Investor, Buys a Stake in Salesforce
Posted inAssn of Tennis Professionals Bankman-Fried, Sam Benioff, Marc Biden, Joseph R Jr Buffett, Warren E Citadel Investment Group CVC Capital Partners Djokovic, Novak Elliott Management Corp Griffin, Kenneth C HK FTX Trading Ltd (Futures Exchange) Holmes, Elizabeth (1984- ) internal-storyline-no Klain, Ronald A National Football League O'MELVENY & MYERS Salesforce.com Inc Shareholder Rights and Activism Sullivan & Cromwell Swiatek, Iga (2001- ) United States Politics and Government Women's Tennis Assn

Elliott Management, Activist Investor, Buys a Stake in Salesforce

Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff.