Sujeet Indap
@sindap
Wall Street Editor at The Financial Times, erstwhile I-banker, co-author: CAESARS PALACE COUP, Diversion Books, March 2021
Imagine Oaktree, Elliott, and GSO in a 50th floor Kirkland & Ellis conference room fighting over... a penny Institutional Investor has kindly excerpted my favorite chapter of our book: institutionalinvestor.com/article/b1r083…
“the kids are going to be the death of New York… I’m sorry they can’t buy an apartment. But they can buy a $9 latte, and a $100 dinner.” WSJ op ed page never afraid to play the hits: wsj.com/opinion/can-an…
Warner trying very hard to spin new pay deal for Zaslav as a pay cut but the options will be worth $250mn even if the stock price doesn’t even get back to level on day of Discovery/ TW merger: on.ft.com/4n0zR2Z
Gillian Tett, Ray Dalio, Davos, 2008 credit conditions report… this is the most FT lede in history:
NEW: even on secured lending, traditional banks show little flexibility and that conservatism is costing them business: US contractors cut off by Doge given lifeline by private credit on.ft.com/4nCpORG
hold on, the ethic cleansing PowerPoint deck literally used the utopia meme???
literal ethnic cleansing tokenised OpCo/PropCo: on.ft.com/3If9Cpx
tokenisation latest use case according to BCG: ethnic cleansing on.ft.com/46uiEcb
Saks: 2025A YTD ADJUSTED EBITDA: $0 2025E ADJUSTED EBITDA: $300mn 2025E PRO FORMA ADJUSTED EBITDA: $775mn
was proud of myself for coming up with “DSA vs. CFA” hed: 🌹🌹🌹 💵💵💵
what reading the Financial Times does to a mf
trvthnuke
Oh and Zohran told us last week he’s coming to Met Gala on a free bus:
just gonna leave this FT chart here:
retired admiral who now works for Carlyle Group says quiet part out loud: Iran war ultimately about colonialism (“they believe in themselves as Persians” is a lovely touch of Orientalism too):
when we were going through the Cuomo donations a few weeks ago for the FT story on his Wall Street donors, did notice that women's rights lawyer Robbie Kaplan had given $10k to Cuomo super pac:
E. Jean Carroll is still receiving death threats daily based on Donald Trump’s defamatory lies, her attorney Robbie Kaplan just told the 2nd Circuit. “Truly graphic and horrifying” threats—“rape and killing by every means known to man,” including “disemboweling,” Kaplan said.
We went to meet Zohran last week to ask him about the numbers in this chart. Read our wide-ranging FT interview here: Why Wall Street fears a 33-year-old political outsider on.ft.com/3HT1V8c
Wild chart in @FT
incidentally, I am +22 with FT Brits by being nice Indian boy with message discipline
zohran +22 with white new yorkers, it's nice-indian-boys-with-message-discipline-summer, what can we say
a $5 billion M&A fee feels like a lot. My latest (free to read): on.ft.com/4492IsX
. @sindap who wrote the book you must read before starting IB or PE jobs — with another good scoop on the detente in the Battle of the bulge brackets vs the barbarians.
General Atlantic follows Apollo in halting early recruitment of bankers on.ft.com/4kVH1DI