Marty Leary
@martyleary.bsky.social
Union research guy (he, him) with unsolicited opinions about financial reform, asset managers, commercial real estate, private equity, antitrust, insurance (lack of) regulation, and the financial elite’s acquiescence to (symbiosis with?) fascism, etc.
How is this not a war crime? Or perhaps just a crime, since no war has been declared?
www.washingtonpost.com/national-sec...
www.washingtonpost.com/national-sec...
Hegseth order on first Caribbean boat strike, officials say: Kill them all
Defense Secretary Pete Hegseth issued a verbal order to kill all crew members in the Sept. 2 strike on a suspected drug boat. Navy SEALs fired a second missile.
www.washingtonpost.com
November 28, 2025 at 6:45 PM
How is this not a war crime? Or perhaps just a crime, since no war has been declared?
www.washingtonpost.com/national-sec...
www.washingtonpost.com/national-sec...
The coming retail bonanza for private credit… what could possibly go wrong?
Blue Owl private credit fund merger leaves some investors facing 20% hit on.ft.com/3JX6n7l
Blue Owl private credit fund merger leaves some investors facing 20% hit on.ft.com/3JX6n7l
Blue Owl private credit fund merger leaves some investors facing 20% hit
Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals
on.ft.com
November 16, 2025 at 7:46 PM
The coming retail bonanza for private credit… what could possibly go wrong?
Blue Owl private credit fund merger leaves some investors facing 20% hit on.ft.com/3JX6n7l
Blue Owl private credit fund merger leaves some investors facing 20% hit on.ft.com/3JX6n7l
Reposted by Marty Leary
Like this!
a big runoff last night, in New Orleans:
Calvin Duncan was exonerated after spending *28 years* in prison; he tried to get his own case records from the New Orleans city clerk—but the office dragged its feet.
So Duncan ran to become city clerk himself, and yesterday ousted the incumbent.
Calvin Duncan was exonerated after spending *28 years* in prison; he tried to get his own case records from the New Orleans city clerk—but the office dragged its feet.
So Duncan ran to become city clerk himself, and yesterday ousted the incumbent.
Calvin Duncan wins Orleans clerk of court race - Verite News New Orleans
Duncan, a political newcomer and former prisoner, defeated incumbent Darren Lombard by a wide margin in Saturday's runoff.
veritenews.org
November 16, 2025 at 6:02 PM
Like this!
Hey @us.theguardian.com
Your premise is backwards. The pressing question is: why don’t all incarcerated people get all the toilet paper they need?
“A puppy and unlimited toilet paper? Legal experts say Ghislaine Maxwell’s alleged prison life is uncommon - The Guardian
apple.news/AkGMb0GaLTE6...
Your premise is backwards. The pressing question is: why don’t all incarcerated people get all the toilet paper they need?
“A puppy and unlimited toilet paper? Legal experts say Ghislaine Maxwell’s alleged prison life is uncommon - The Guardian
apple.news/AkGMb0GaLTE6...
A puppy and unlimited toilet paper? Legal experts say Ghislaine Maxwell’s alleged prison life is uncommon — Guardian US
Maxwell is serving a 20-year sentence for her role in Jeffrey Epstein’s sex-trafficking of teen girls – and her treatment is prompting speculation
apple.news
November 16, 2025 at 1:55 PM
Hey @us.theguardian.com
Your premise is backwards. The pressing question is: why don’t all incarcerated people get all the toilet paper they need?
“A puppy and unlimited toilet paper? Legal experts say Ghislaine Maxwell’s alleged prison life is uncommon - The Guardian
apple.news/AkGMb0GaLTE6...
Your premise is backwards. The pressing question is: why don’t all incarcerated people get all the toilet paper they need?
“A puppy and unlimited toilet paper? Legal experts say Ghislaine Maxwell’s alleged prison life is uncommon - The Guardian
apple.news/AkGMb0GaLTE6...
Hardly a day goes by without another @financialtimes.com warning about PE-affiliated life insurers gorging on dubiously-rated private credit.
Would somebody please get the NAIC an FT subscription?
The new crop of rating agencies behind the private credit boom on.ft.com/3LCyjO9
Would somebody please get the NAIC an FT subscription?
The new crop of rating agencies behind the private credit boom on.ft.com/3LCyjO9
The new crop of rating agencies behind the private credit boom
Regulators and bankers are sounding the alarm about an explosion in privately-rated securities
on.ft.com
November 10, 2025 at 3:44 PM
Hardly a day goes by without another @financialtimes.com warning about PE-affiliated life insurers gorging on dubiously-rated private credit.
Would somebody please get the NAIC an FT subscription?
The new crop of rating agencies behind the private credit boom on.ft.com/3LCyjO9
Would somebody please get the NAIC an FT subscription?
The new crop of rating agencies behind the private credit boom on.ft.com/3LCyjO9
Reposted by Marty Leary
Here's a staffer from a UK pension fund suggesting that the PE push into retail/defined contribution plans is already allowing them to offload funds easier... (1/3)
"The U.S. interest has given Railpen, which manages about £34 billion of assets for the Railways Pension Scheme, London...
"The U.S. interest has given Railpen, which manages about £34 billion of assets for the Railways Pension Scheme, London...
Investor interest in private markets grows, but education needed, WPS panelists say
Interest in private markets is growing, but experts said the subject isn’t black and white and investor education will be crucial.
www.pionline.com
November 6, 2025 at 5:08 PM
Here's a staffer from a UK pension fund suggesting that the PE push into retail/defined contribution plans is already allowing them to offload funds easier... (1/3)
"The U.S. interest has given Railpen, which manages about £34 billion of assets for the Railways Pension Scheme, London...
"The U.S. interest has given Railpen, which manages about £34 billion of assets for the Railways Pension Scheme, London...
Robert Reich: “My prediction: This shutdown will end sooner than the last one. Air traffic controllers will ensure it does.”
Attn/ @josephamccartin.bsky.social
Is this scenario plausible?
www.huffpost.com/entry/robert...
Attn/ @josephamccartin.bsky.social
Is this scenario plausible?
www.huffpost.com/entry/robert...
Robert Reich Predicts What’ll Finally Force Trump To 'Cave' On Shutdown
One group "will ensure" it ends, said the former Cabinet member.
www.huffpost.com
November 7, 2025 at 1:53 PM
Robert Reich: “My prediction: This shutdown will end sooner than the last one. Air traffic controllers will ensure it does.”
Attn/ @josephamccartin.bsky.social
Is this scenario plausible?
www.huffpost.com/entry/robert...
Attn/ @josephamccartin.bsky.social
Is this scenario plausible?
www.huffpost.com/entry/robert...
@pauljdavies.bsky.social:
UBS Boss Is Right on Private Credit Rating Risks
“Colm Kelleher, chairman of the Swiss lender UBS Group AG, warned this week that poor insurance regulation and credit ratings arbitrage were creating systemic risks, especially in the US.”
www.bloomberg.com/opinion/arti...
UBS Boss Is Right on Private Credit Rating Risks
“Colm Kelleher, chairman of the Swiss lender UBS Group AG, warned this week that poor insurance regulation and credit ratings arbitrage were creating systemic risks, especially in the US.”
www.bloomberg.com/opinion/arti...
UBS Boss Is Right on Private Credit Rating Risks
The war of words between private credit and banks has stepped up a notch. Colm Kelleher, chairman of the Swiss lender UBS Group AG, warned this week that poor insurance regulation and credit ratings a...
www.bloomberg.com
November 6, 2025 at 12:25 PM
@pauljdavies.bsky.social:
UBS Boss Is Right on Private Credit Rating Risks
“Colm Kelleher, chairman of the Swiss lender UBS Group AG, warned this week that poor insurance regulation and credit ratings arbitrage were creating systemic risks, especially in the US.”
www.bloomberg.com/opinion/arti...
UBS Boss Is Right on Private Credit Rating Risks
“Colm Kelleher, chairman of the Swiss lender UBS Group AG, warned this week that poor insurance regulation and credit ratings arbitrage were creating systemic risks, especially in the US.”
www.bloomberg.com/opinion/arti...
Reposted by Marty Leary
This seems huge, and deserves more attention.
SCOTUS has gone out of its way to make it harder to sue Fed law enforcement for damages when they trample—sometimes literally—on your rights.
Illinois just made it so their resident can sue the Feds in state court.
Feds fail us, states step up.
SCOTUS has gone out of its way to make it harder to sue Fed law enforcement for damages when they trample—sometimes literally—on your rights.
Illinois just made it so their resident can sue the Feds in state court.
Feds fail us, states step up.
The Illinois legislature had passed the “Illinois Bivens Act,” allowing people to sue ICE agents in state court. Just waiting for Pritzker’s signature.
dailynorthwestern.com/2025/11/03/c...
dailynorthwestern.com/2025/11/03/c...
November 5, 2025 at 1:09 PM
This seems huge, and deserves more attention.
SCOTUS has gone out of its way to make it harder to sue Fed law enforcement for damages when they trample—sometimes literally—on your rights.
Illinois just made it so their resident can sue the Feds in state court.
Feds fail us, states step up.
SCOTUS has gone out of its way to make it harder to sue Fed law enforcement for damages when they trample—sometimes literally—on your rights.
Illinois just made it so their resident can sue the Feds in state court.
Feds fail us, states step up.
Yet another warning about insurance companies gorging on illiquid private credit, only this time the quiet part was uttered out loud: “If you look at the insurance business there is a looming systemic risk coming through because of lack of effective regulation,” the UBS Chair said.
on.ft.com/491SjUi
on.ft.com/491SjUi
UBS chair warns of ‘looming systemic risk’ from private credit ratings
Colm Kelleher says insurers are shopping for grades as banks did before 2008 financial crisis
on.ft.com
November 4, 2025 at 6:09 PM
Yet another warning about insurance companies gorging on illiquid private credit, only this time the quiet part was uttered out loud: “If you look at the insurance business there is a looming systemic risk coming through because of lack of effective regulation,” the UBS Chair said.
on.ft.com/491SjUi
on.ft.com/491SjUi
BREAKING: Generalissimo Ferdinand Franco, though dead, nonetheless endorses Cuomo for Mayor of NYC
www.nytimes.com/live/2025/11...
www.nytimes.com/live/2025/11...
Live Updates: Trump Endorses Cuomo for N.Y.C. Mayor in Race’s Final Stretch
www.nytimes.com
November 3, 2025 at 11:40 PM
BREAKING: Generalissimo Ferdinand Franco, though dead, nonetheless endorses Cuomo for Mayor of NYC
www.nytimes.com/live/2025/11...
www.nytimes.com/live/2025/11...
“My partner can’t think I’m a fascist.” Then don’t be one!
Really Wapo? We’re supposed to feel sorry for fascists who can’t find love? www.washingtonpost.com/style/power/...
Really Wapo? We’re supposed to feel sorry for fascists who can’t find love? www.washingtonpost.com/style/power/...
MAGA singles are looking for love in Washington. It’s a challenge.
The politics of trying to find a partner in an overwhelmingly liberal city can be tricky: “My partner can’t think I’m a fascist. That’s crazy.”
www.washingtonpost.com
November 2, 2025 at 6:10 PM
“My partner can’t think I’m a fascist.” Then don’t be one!
Really Wapo? We’re supposed to feel sorry for fascists who can’t find love? www.washingtonpost.com/style/power/...
Really Wapo? We’re supposed to feel sorry for fascists who can’t find love? www.washingtonpost.com/style/power/...
Can your mayor do this?
I visited Grand Street Senior Housing on the Lower East Side today and tried a little Bomba y Plena…
October 31, 2025 at 5:28 PM
Can your mayor do this?
Boooo! Shame on FCC
Today was a hard day. Regulations that we passed unanimously last year, after 7 years of advocacy, were largely gutted. The FCC capitulated to the correctional telecom industry in roughly doubling rate caps for prison and jail calls. I'm truly sorry.
www.nytimes.com/2025/10/28/u...
www.nytimes.com/2025/10/28/u...
F.C.C. Changes Course on the Price of Prisoners’ Phone Calls
www.nytimes.com
October 28, 2025 at 10:52 PM
Boooo! Shame on FCC
Reposted by Marty Leary
🚨 Monster new BIS report out on the systemic risks and policy challenges in the life insurance industry. Really worth a read. Here's the @alphaville.ft.com checklist on.ft.com/47Jc8hR
October 27, 2025 at 2:10 PM
🚨 Monster new BIS report out on the systemic risks and policy challenges in the life insurance industry. Really worth a read. Here's the @alphaville.ft.com checklist on.ft.com/47Jc8hR
Oh look! Another warning about private credit and the private letter ratings that allow private equity companies to maximize fees while unloading risk to the policyholders of their life insurance affiliates.
Private loan credit ratings may be ‘systematically’ inflated, warns BIS on.ft.com/3JsKbBI
Private loan credit ratings may be ‘systematically’ inflated, warns BIS on.ft.com/3JsKbBI
Private loan credit ratings may be ‘systematically’ inflated, warns BIS
Lack of transparency of debt popular with US insurers increases risk of ‘fire sales’, report says
on.ft.com
October 27, 2025 at 2:26 PM
Oh look! Another warning about private credit and the private letter ratings that allow private equity companies to maximize fees while unloading risk to the policyholders of their life insurance affiliates.
Private loan credit ratings may be ‘systematically’ inflated, warns BIS on.ft.com/3JsKbBI
Private loan credit ratings may be ‘systematically’ inflated, warns BIS on.ft.com/3JsKbBI
Look what came in the mail! Can’t wait to read it.
October 25, 2025 at 4:11 PM
Look what came in the mail! Can’t wait to read it.
Reposted by Marty Leary
It's not just what Andrew Cuomo is saying—it's who's funding him.
The single largest donor to a pro-Cuomo SuperPAC is Airbnb cofounder/board member Joe Gebbia, who promotes vile and racist messages about immigrants.
The single largest donor to a pro-Cuomo SuperPAC is Airbnb cofounder/board member Joe Gebbia, who promotes vile and racist messages about immigrants.
October 23, 2025 at 5:55 PM
It's not just what Andrew Cuomo is saying—it's who's funding him.
The single largest donor to a pro-Cuomo SuperPAC is Airbnb cofounder/board member Joe Gebbia, who promotes vile and racist messages about immigrants.
The single largest donor to a pro-Cuomo SuperPAC is Airbnb cofounder/board member Joe Gebbia, who promotes vile and racist messages about immigrants.
LOL @axios.com , it doesn’t take a legal scholar to tell us when we’re being robbed blind
apple.news/ARhdcdc7oS1y...
Trump’s multimillion-dollar request puts DOJ integrity to the test, legal scholars say - Axios
apple.news/ARhdcdc7oS1y...
Trump’s multimillion-dollar request puts DOJ integrity to the test, legal scholars say - Axios
Trump's multi-million request puts DOJ integrity to the test, legal scholars say — Axios
Legal scholars told Axios that if the Justice Department hands President Trump the millions in damages he requested in past administrative claims, it would present an egregious breach of ethical safeg...
apple.news
October 22, 2025 at 9:51 PM
LOL @axios.com , it doesn’t take a legal scholar to tell us when we’re being robbed blind
apple.news/ARhdcdc7oS1y...
Trump’s multimillion-dollar request puts DOJ integrity to the test, legal scholars say - Axios
apple.news/ARhdcdc7oS1y...
Trump’s multimillion-dollar request puts DOJ integrity to the test, legal scholars say - Axios
This thread. ⬇️
I know we all have outrage fatigue but this deserves more attention - we all owe* a huge debt to coal miners and the UMWA. Thanks @kimkelly.bsky.social for elevating this issue
I know we all have outrage fatigue but this deserves more attention - we all owe* a huge debt to coal miners and the UMWA. Thanks @kimkelly.bsky.social for elevating this issue
Black lung is still killing America’s coal miners. Last week, a group of black lung patients made the long journey to Washington D.C. with a simple plea for Trump’s Department of Labor: enforce the silica rule, and stop this plague.
My report for @thenation.com www.thenation.com/article/poli...
My report for @thenation.com www.thenation.com/article/poli...
Trump Has Handed Coal Miners a “Death Sentence.” But They’re Not Going Without a Fight.
After the government betrayed them by refusing to enforce a crucial workplace health rule, a group of coal miners traveled to DC to put Trump on notice.
www.thenation.com
October 21, 2025 at 5:41 PM
This thread. ⬇️
I know we all have outrage fatigue but this deserves more attention - we all owe* a huge debt to coal miners and the UMWA. Thanks @kimkelly.bsky.social for elevating this issue
I know we all have outrage fatigue but this deserves more attention - we all owe* a huge debt to coal miners and the UMWA. Thanks @kimkelly.bsky.social for elevating this issue
… which equals “several thousand nostalgic hippies” in NYT-standard-crowd-estimation
After adding new data to our spreadsheet, our central estimate of turnout for the No Kings Day protests yesterday has risen to 5.5 million, with an upper bound of 8.7 www.gelliottmorris.com/p/second-no-...
Second "No Kings Day" protests likely the largest single-day political demonstration since 1970, with 4.2-7.6 million participants
Here are the initial results from our crowdsourced crowd-counting estimates
www.gelliottmorris.com
October 19, 2025 at 3:00 PM
… which equals “several thousand nostalgic hippies” in NYT-standard-crowd-estimation
Neoliberal industrial policy:
Step 1: Hand over the retirement savings of millions of your citizens to billionaire asset managers.
Step 2. Beg those billionaires to invest in something socially useful.
Step 3 - Get chastised by billionaire-owned newspapers for being too woke
Step 4 - Retreat.
Step 1: Hand over the retirement savings of millions of your citizens to billionaire asset managers.
Step 2. Beg those billionaires to invest in something socially useful.
Step 3 - Get chastised by billionaire-owned newspapers for being too woke
Step 4 - Retreat.
Like the UK, Canada is trying to coax the public cash that it put in a box that transformed it into private capital into investing domestically
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
October 16, 2025 at 11:36 AM
Neoliberal industrial policy:
Step 1: Hand over the retirement savings of millions of your citizens to billionaire asset managers.
Step 2. Beg those billionaires to invest in something socially useful.
Step 3 - Get chastised by billionaire-owned newspapers for being too woke
Step 4 - Retreat.
Step 1: Hand over the retirement savings of millions of your citizens to billionaire asset managers.
Step 2. Beg those billionaires to invest in something socially useful.
Step 3 - Get chastised by billionaire-owned newspapers for being too woke
Step 4 - Retreat.
Might as well set it on fire. Money is losing the race. More money won’t turn that around.
Bill Ackman donates $1mn to oppose Zohran Mamdani’s NY mayoral campaign on.ft.com/4he6veW
Bill Ackman donates $1mn to oppose Zohran Mamdani’s NY mayoral campaign
Hedge fund billionaire in last-ditch effort to stop democratic socialist frontrunner in race for city hall
on.ft.com
October 15, 2025 at 10:13 PM
Might as well set it on fire. Money is losing the race. More money won’t turn that around.
Is this the deal where peak (Saudi) oil meets private credit and together they blow it all on AI?
BlackRock, MGX Make $40 Billion Bet on AI Boom With Aligned Data Centers Deal www.bloomberg.com/news/article...
BlackRock, MGX Make $40 Billion Bet on AI Boom With Aligned Data Centers Deal www.bloomberg.com/news/article...
BlackRock, MGX Make $40 Billion Bet on AI Boom With Aligned Data Centers Deal
Investors led by BlackRock Inc.’s Global Infrastructure Partners agreed to buy Aligned Data Centers in a $40 billion deal, one of the asset manager’s largest infrastructure investments ever that comes...
www.bloomberg.com
October 15, 2025 at 2:37 PM
Is this the deal where peak (Saudi) oil meets private credit and together they blow it all on AI?
BlackRock, MGX Make $40 Billion Bet on AI Boom With Aligned Data Centers Deal www.bloomberg.com/news/article...
BlackRock, MGX Make $40 Billion Bet on AI Boom With Aligned Data Centers Deal www.bloomberg.com/news/article...
Because what could possibly go wrong?
“Since DT returned to the White House, US authorities have embraced a much more bank-friendly approach, committing to loosen many of the rules that forced banks to increase their loss-absorbing capital buffers after the 2008 financial crisis.”
on.ft.com/4o01kSw
“Since DT returned to the White House, US authorities have embraced a much more bank-friendly approach, committing to loosen many of the rules that forced banks to increase their loss-absorbing capital buffers after the 2008 financial crisis.”
on.ft.com/4o01kSw
Bank deregulation set to unlock $2.6tn of Wall Street lending capacity
US lenders expected to cement global dominance by a significant easing of post-financial crisis rules
on.ft.com
October 15, 2025 at 2:25 PM
Because what could possibly go wrong?
“Since DT returned to the White House, US authorities have embraced a much more bank-friendly approach, committing to loosen many of the rules that forced banks to increase their loss-absorbing capital buffers after the 2008 financial crisis.”
on.ft.com/4o01kSw
“Since DT returned to the White House, US authorities have embraced a much more bank-friendly approach, committing to loosen many of the rules that forced banks to increase their loss-absorbing capital buffers after the 2008 financial crisis.”
on.ft.com/4o01kSw