Monthly Archives: August 2022

China sanctions Pelosi and her family in revenge for her Taiwan visit, calling it an ‘egregious provocation’

House Speaker Nancy Pelosi in Washington, DC. Jabin Botsford/Getty Images Nancy Pelosi visited Taiwan this week despite China repeatedly warning her not to. China announced sanctions on Pelosi and her family on Friday, citing the trip. It did not immediately specify what the sanctions were, but called her visit an “egregious provocation.” China imposed sanctions…

Jenny Lee left JPMorgan’s table-topping leveraged-finance desk for a gig with Brigade Capital Management. The dealmaking veteran is taking the plunge into private credit as the market shifts.

Jenny Lee, formerly a MD with JPMorgan, left the bank for Brigade Capital Management LinkedIn Insider’s Banker of the Week series appears in our weekday newsletter, 10 Things on Wall Street. This week we’re highlighting Jenny Lee, who just left her position as a managing director on JPMorgan’s leveraged-finance desk to build a private-credit business…

‘Big Short’ investor Michael Burry warns that ‘silliness is back’ in markets despite the recent rebound

‘Big Short’ investor Michael Burry warned that ‘silliness is back’ in a recent tweet. Jim Spellman/Getty Images Michael Burry warned that market ‘silliness is back’ in a recent tweet. The ‘Big Short’ investor compared the current situation to the stock market crashes of 1929 and 2008. “Familiar COVID-era silliness is not dead yet,” Burry said….