Risk Managing A Potential US Default

The crew is back from Institutional Investor’s award ceremony and Krista is still beaming from her nomination. Although she doesn’t quite remember the events of that night, Freddy reminds her that Boaz Weinstein robbed her of true fame, though we suspect the judges were taking a page out of the Clarence Thomas playbook. Carson broaches the topic that’s been on every investor’s radar: How to manage your portfolio around the unknown known event of a potential US default?

Recycling a Failed Drug

Carson Block of Muddy Waters Capital makes the short case on Chinook Therapeutics (KDNY). Muddy Waters argues that, upon further examination of trial data, its primary candidate for kidney disease, atrasentan, not only is inefficacious, but also shows an alarming rate of patient heart failure.

King Zevinsky and Pablo Escobar Talk Scandals

At long last, the man at the heart of the Kenyan chess scandal has been brought to justice! Freddy, never one to put too much effort into his footwear, finds it comical that the size-11 sneakers weren’t spotted beneath the burka. The real question comes from whether it’s necessary to separate men and women for chess tournaments. Bodybuilding competitions? Absolutely. But chess? Perhaps the answer lies with Matt Moulding who is eager to lend a hand with some of his protein.