Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
Let’s assume for a moment, though, that between the two sales, Paramount walks away with $4.5 billion in cash. Paramount has $13.5 billion of net debt, as of March 31. If Bakish decided to use the $4.5 billion in cash from the sales of S&S and BET to pay down that debt—always a good use of cash—Paramount would still have $9 billion in debt. On the... See more
Are You There, Aryeh? It’s Me, Shari…
High Finance and media
it seems as though these are all brands that could be fucking incredible but are being manage-managed rather than brand-managed
Farley conceded that there are “a lot of underwater bonds in the banking system and that can pose financial stability risks because banks are leveraged institutions. If it’s levered 10 to 1 and you have a 10 percent loss, all the equity is gone.” Which, of course, is exactly what happened to Bear Stearns, which at times was levered 50 to 1, meaning... See more
The BofA $136B Dynamite Stick
For them, LVT might be an efficient replacement for the property tax but that’s about it. Georgism as an ideology has always gone beyond this.
An attempt to launch a lower-priced, streetwear-inflected line, PSWL, was at odds with the main collection, and fell flat with customers.
The Nine Lives of Proenza Schouler
Proenza Schouler White Label
BW: Speaking of pace, how long do these collaborations take, from the first conversation to product launch?
EDV: I would say it’s two to two and a half years until release. Defining the products, where we come up with what we’re going to do, would take at least a year. We define how we’re going to collaborate artistically together, and then... See more
EDV: I would say it’s two to two and a half years until release. Defining the products, where we come up with what we’re going to do, would take at least a year. We define how we’re going to collaborate artistically together, and then... See more
Brenda's Business with Rimowa's EMELIE DE VITIS
Sensible Weather
sensibleweather.com
Working for a smaller firm, and largely unnoticed, she had nothing to lose from making wild, negative predictions. If she was wrong, no one would pay her any attention; if she was right, she'd be famous.
Top Financial News
this was absolutely not her motivation, but it's a great reason to publish
We love this quote from Mark Twain: “travel is fatal to prejudice.” If you’re traveling to enrich yourself, to better yourself, then this is really what resonates with Rimowa, and what we’ve always stood for.
Brenda's Business with Rimowa's EMELIE DE VITIS
In the fashion industry, gatekeeping is an unspoken rule. Which sets many up for failure, burnouts, or debt. If you’re extra lucky, everything combined. This closed-door policy is a cynical paradox, considering fashion lives off the public. And yet, we are all guilty of spreading glittery narratives, differing from the notably less sparkly reality.