NC_Tigah

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Andrew Left Found Guilty in Case That Spooked Short Sellers
by Erik Larson
Mon, June 1, 2026

(Bloomberg) -- Famed short seller Andrew Left faces the possibility of decades behind bars after being found guilty of using disingenuous social media posts to manipulate stocks, in a landmark case that threatens to chill a broader trading strategy loathed by corporate executives.
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But in Left’s case, the government took issue with how quickly Left closed out his trading positions after publicly criticizing or boosting companies. That practice has long been polarizing, and Left’s case marked one of few times that the issue has faced trial.

Frank Zhang, an accounting professor at the Yale School of Management, said the verdict will have a chilling effect on short sellers, because “it will scare them into silence.”
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Left, the founder of Citron Research, was convicted on 13 of the 17 counts. He was accused of using explosive tweets about dozens of companies to illegally influence their shares and make a quick profit. Prosecutors said he earned more than $20 million from such trades from 2018 to 2023.

After the verdict, Left blasted the case as an attack on free speech and innocent trading conduct. He said it was inconceivable that he could have moved the stock of massive companies as prosecutors had alleged.
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Left told jurors he doesn’t believe there is anything wrong with him profiting from the “price correction” of a stock after he issues a report or tweet about a company he thinks is overvalued or undervalued.
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Earlier in the trial, prosecutors presented emails that they say show Left coordinated with hedge funds on stocks he planned to short and bragged his “hot voice” with retail investors meant they could “take candy from a baby.”

Jurors also heard from Mike Gorenstein, the chief executive officer of Canadian cannabis distributor Cronos Group Inc., who testified that he was stunned when Left issued a report saying the company was overvalued, prompting shares to plunge.

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mutilates their women's clitoris

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what do we call it when the new kid on the block has to pay a much higher tax rate versus the old timer whose been on the block for decades?

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AI is not there yet guys . BS story and photos to boot . Sad .

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A Tale of Two Types of States: Those with Dumb Energy Laws, and Those with Smart Laws
By William Murray
June 01, 2026

“It was the best of energy policies; it was the worst of energy policies” – Charles Dickens, A Tale of Two Cities. (Apocryphal)

Higher electricity prices and a lack of cheap energy are in the news. Even before the start of the Iran war, consumers over the winter of 2025-2026 experienced some of the highest energy prices on record, especially electricity consumers in the Northeast and New England.
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The cheapest states for electricity – North Dakota at 7.93 cents (kWh), Louisiana at 8.80 cents (kWh) and Nebraska at 9.07 cents (kWh) – get the gold, silver and bronze medals for affordability in this year’s rankings. All three are either natural gas-rich or import low-sulfur coal from neighboring states.

But low electricity prices aren’t just a case of geological inheritance or lucky geography. Blue states like Washington, which placed 13th in the rankings, and Oregon, which placed 22nd, benefit from far-sighted 20th-century leadership that built out massive hydroelectric capacity along the Columbia and Snake River systems. Illinois ranks 31st, having benefited from the construction of 11 commercial nuclear reactors in the 1960s and 1970s. All three have average prices in the 10-, 11-, or 12-cent-per-kilowatt-hour range.

Meanwhile, all states to the north and east of New Jersey are disappointments. New York, Vermont, Connecticut, Rhode Island, Massachusetts, New Hampshire, and Maine have electricity prices well above the national average. Connecticut, Massachusetts, and Rhode Island each have prices over 23 cents a kilowatt-hour. They’re at the back of the pack.

The ALEC study found that the presence of three pernicious types of legislation in all these places: a Renewable Portfolio Standard (RPS), participation in a carbon cap-and-trade scheme, and statutorily mandated net metering requirements. When implemented together, these laws consistently lead to higher electricity costs.
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Electricity is not a luxury; it is a necessity. Smart legislation should replace dumb legislation based on a horribly flawed vision of the 21st century. It’s time for state legislators to step up and do what Congress has failed to do: pass affordable, reliable, and clean energy legislation.

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America’s negative-sum birthday
by Ben Smith
May 30, 2026

I recently ran into the Democratic strategist Doug Thornell, who was worried about America’s 250th anniversary this July 4.

“Trump wants to make it a partisan two-to-three months where he can beat Democrats over the head for not being patriotic,” he mused. “Democrats need to be ready for that and go on offense, with a thoughtful vision for America, not be afraid to talk about their patriotism, their love for this country.”

No! A cherished American moment turning into a bitter partisan food fight? Couldn’t happen.

I texted Trump adviser Kellyanne Conway, who is deeply involved in the anniversary preparations, to ask whether America’s birthday might become hyperpartisan.

“Meaning, many Democrats will not celebrate?” she asked. I tried to elaborate, and she politely explained that she’d been asking a rhetorical question.
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The first flickers of how badly this all might go came last week, when musicians you hadn’t heard of for years began pulling out of a Freedom 250 concert series on the National Mall during the State Fair. “I had no clue it was considered a ‘Trump-backed’ event,” YoungMC (whose “Bust a Move” topped charts in 1989) complained to Rolling Stone. “It was a bait-and-switch.” Trump promptly volunteered to replace the artists at the event, which has the dual benefit of turning the Freedom 250 event into a pure Trump rally and letting him blame his enemies for doing so.

Is this good or bad for Trump’s politics? Who knows. This White House does love to troll, and MAGA needs a jolt. The choice of a UFC event is emblematic: It’s almost impossible to find a divisive American sport, but the polling firm YouGov finds that UFC Fight Night is popular with 26% of Americans and disliked by 25%.

And so Thornell was, I think, right to believe that Trump and his aides are happy to seize the opportunity to paint Democrats as unpatriotic. He’s also right that Republicans may well overplay their hand with the lavish celebrations and “look out of touch with how people are feeling right now.”

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Dude had sex with a boy for 3 years and got out with a slap on the wrist and is still licensed to practice law.

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Seriously ha, where do they come up with these numbers

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Tell me what is not true that I wrote.

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Black New Yorkers deserve a check of '800K' as locals demand reparations from government

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