Matt Levine, Columnist

Hackers Know Everything Is Securities Fraud

Also Rivian phantom bonds, short-seller whistleblowers, the Sculptor endgame and Don’t Touch My Money.

November 16, 2023 at 6:57 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Programming note: Money Stuff will be off tomorrow, back on Monday.

I say this a lot but it keeps being true: Every bad thing that a public company does, and every bad thing that happens to a public company, is also securities fraud.