Investor rights lawyer & sometimes securities law prof. Investments, finance+banking, int'l disputes, due diligence. Legal opinion≠advice. Discl: rscounsel.law

Washington DC & Cleveland
Mandatory arbitration clauses forced by the banking industry onto its customers are banned as to active service members under the Military Lending Act. So, a 4-star general with a Harvard degree enjoys this protection, but a poor struggling veteran does not. If Congress recognized those mandatory arbitration clauses as predatory & one-sided, why not extend that ban to benefit all Americans?
1
1
12
4,967
Alan Rosca retweeted
In Race With U.S., China Struggles to Recruit Foreign A.I. Researchers nytimes.com/2026/10/06/scien… "Worse still for China’s ambitions, the number of Chinese scientists working in the United States has risen rather than declined, according to a new study about global A.I. research."
6
16
57
7,452
Alan Rosca retweeted
The most French thing I’ve ever seen
Konrad Berkowicz
938
9,548
76,365
4,174,031
Saudi Arabia under MBS is supposedly modernizing and becoming Westernized. So modernized that they’re about to execute a man for blasphemy.
🚨🇸🇦 NEW: A Sri Lankan family is pleading with Saudi Arabia to spare their son, Anojan Sivarasa, after he was sentenced to death for blasphemy He was convicted after allegedly insulting Prophet Muhammad online following a dispute over a video of a Muslim man kicking a dog
1
130
Alan Rosca retweeted
Property buyers are demanding sellers renegotiate terms because of higher mortgage rates, signaling broader market distress. on.wsj.com/4yxLX97
17
54
164
82,674
Alan Rosca retweeted
Under Xi Jinping’s leadership, China “is walking into a dead-end, closed version of itself that will worsen its demographic decline,” writes @CarlMinzner. bit.ly/4dn1qAc
23
23
94
37,924
Alan Rosca retweeted
Good morning. From the FT: "A sharp sell-off in US government bonds is starting to reverberate across corporate America, forcing companies to overhaul their borrowing plans and even raising the spectre of defaults among the most lowly rated businesses." Remember the historical playbook: The most vulnerable sectors get hit first and hardest. Then, if elevated borrowing costs persist, the pressure both migrates up the curve and spreads across the broader economy, domestically and internationally. #economy #markets #bonds #yields @FT
92
265
1,091
86,631
This is like the chief of the CIA caught spying for a foreign power.
Europe’s biggest spy scandal of the century has just broken out.
1
49
The Irkutsk plague might be the second time in only seven years that an engineered bioweapon escapes a research lab.
Replying to @kesvelt
None of this means the Irkutsk pathogen will cause a pandemic. But the response clearly indicates that Russia believes an epidemic is possible – and that the responsible agent is likely a pandemic weapon or otherwise embarrassing for the government. 3/4
2
123
Those “struggling” workers who make $300k+ and live paycheck to paycheck do so because they choose to live in 5,000sqf+ homes, drive Mercedeses or Porsches, dine out every other day, join private clubs, and spend their vacations overseas. Poor them.
JUST IN: Nearly 4 in 10 workers earning over $300,000 reportedly say they’re still living paycheck to paycheck
39
When even a @WSJ reporter doesn’t understand that fiduciary advisers typically have numerous conflicts of interest, which they require their clients to accept, what can one expect from the general public? Read most advisors’ client agreements to see how many conflicts they typically disclose.
A personal-finance editor discovers how messy his own personal finances are once he starts working with a fee-only adviser. on.wsj.com/4AIga6F
59
Europe & NATO's nightmare scenario: Russia conquers Ukraine, takes over Ukraine's cutting-edge drone & military robotics tech, forcibly enlists battle-hardened Ukrainian soldiers in the Russian military, and uses them (at gun point) & Ukraine's drone tech to attack Europe.
President Stubb: I want to remind everyone is that the Russian military was not capable of modern warfare when this war began, but now they are. So they are also gonna be much stronger when they regroup after the war. Our relationship with Russia will be very different.
54
What happened to Europe's largest economic powerhouse - Germany? Its scientists & engineers were once at the leading edge of technology, inventing things like efficient combustion engines, atomic energy, jet engines, rockets. Now they're entirely missing the AI revolution.
Good Morning from #Germany, where all listed stocks combined are now worth just 52% of Nvidia, a fresh relative low, down from roughly 9 times in 2020. All German stocks combined are worth <$3tn, vs $5.64tn for Nvidia alone. Germany’s stock market is missing the AI dream.
1
57
But wait, China’s AI models are free! …?
An AI model downloaded over 3 billion times and used by U.S. firms like Airbnb and Uber is embedded with China-friendly narratives and programmed for censorship, new research shows. cbsn.ws/4AMc51h
57
Alan Rosca retweeted
Exclusive: The FlyDubai copilot who stabbed his captain had been banned from flying by Oman over concerns he held radical ideological views on.wsj.com/4zay28E
272
844
3,066
684,887
The lack of basic human compassion is stunning. Most humans are hard-wired to rush to help someone in that firefighter's situation. Incomprehensible how people can stand and record on their phones when someone is on fire. Complete lack of empathy.
Les jeunes mettent le feu à un pompier. Puis ils le filment dans le joie et la bonne humeur. Surtout, personne n’intervient. Le pays va bien. (Marseille, 1er octobre)
1
58
Is France becoming Europe's new Greece?
France's Credit Default Swaps soar to highest level in 13 years 🚨 Dear God 🤯 🤯
58
Could the AI Bubble be pinched by an entirely unrelated event that sends the global financial markets into a tailspin - like the slow-motion crash of the French sovereign debt? The trigger: a sudden move to cash by panicking European investors, causing a widespread selloff in the US markets.
Most people don’t yet grasp what is happening in France. Markets are pricing French sovereign debt as junk, rating agencies will eventually have to follow. This will have two major impacts: 1. Most French banks are already rated at or just below the sovereign, so a move toward junk would likely drag domestically focused lenders with it. Credit to households and firms would slow sharply, hurting the economy and widening the fiscal deficit even further, a vicious cycle. 2. For the ECB, the constraint is legal as well as financial. A fall below investment grade would force sales by ratings-bound investors while making any backstop harder to justify under current rules. The next euro crisis will begin in France. The first, which began in Greece, will feel like a walk in the park compared with what comes next.
55
Early in the days of human flight, large crowds would gather to watch a plane take off and fly for a few hundred yards (or less). Nobody goes to the airport today just to watch planes taking off and landing. SpaceX is making rocket launches routine - the Space Age is starting.
What an extraordinary week for SpaceX! We launched our quiver of space vehicles: Starship, Dragon, Falcon 9, and Falcon Heavy. We delivered operational next-gen V3 Starlink satellites to orbit for the first time, a plethora of customer payloads, and critical national security payloads that will defend our country. Most importantly, side by side with the incomparable @NASA, we safely flew Crew-13 to the International Space Station. This week is a powerful reminder of what rocket reusability unlocks and what the SpaceX team can accomplish when we stay relentlessly focused and consistently execute at the highest level. Congrats to the entire @SpaceX team and our customers for making the future something to be excited about every single day.
40
Alan Rosca retweeted
Investors now demand extra pay to hold long-term U.S. debt. Inflation, the debt, and uncertainty about the Fed and Treasury response are making the situation worse. My @Morning_Joe Chart
13
160
389
89,138