The foundations of the hastily assembled Ellison family hasbara media empire — Paramount, WBD, American TikTok — are cracking as Oracle stock has lost $600 billion in market cap since its September 2025 peak and its nearly $200 billion in corporate debt is close to junk bond status.
Recent Items
Wednesday, July 22, 2026
Coffee Break: Oracle’s Exploding Debt and Plumeting Stock Price Threaten Paramount Media Empire?
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 3 Comments »
Latest Chapter in Long-Running Kentucky Retirement Systems Case: Attorney General, Acting on Behalf of Private Equity Kingpins, Throws Legal Mud at Wall to See if Enough Will Stick to Confuse Judge Wingate
An update on the latest twists and turns in the astonishingly long-running Kentucky Retirement Systems case.
Topics: Banana republic, Hedge funds, Investment management, Legal, Moral hazard, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 11:05 am | 3 Comments »
Links 7/22/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 39 Comments »
Iran War: Iran Rumored to Be Readying Big Attacks as Trump Vows More Escalation and Rubio Disses Talks; Brent Rises to $94 a Barrel as Hormuz Transits Fall, Ships Turn Away from Bab el-Mandeb; Hegseth Fried in Iran Hearings
Today’s Iran war news: How the US is clearly losing military as pressures are rising on the economic and political fronts.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:57 am | 134 Comments »
Why Is NATO Attacking ExxonMobil and Chevron Infrastructure in the Black Sea?
Russia blockades Odessa, grain wars, friction increases between Ankara and Moscow, and NATO lake plans have failed miserably.
Posted by Conor Gallagher at 6:00 am | 8 Comments »
Yanis Varoufakis: An Athenian View of America’s Democracy
At 250, America is now producing a mindless, raw power and exponentially growing instability.
Topics: Doomsday scenarios, Guest Post, Politics, Social policy, Social values
Posted by Yves Smith at 4:08 am | 4 Comments »
Coffee Break: Armed Madhouse – The Two Faces of Starlink
Commercial technologies are increasingly finding themselves at the center of international security. Starlink began as an ambitious effort to provide global broadband internet, but its rapid integration into Ukraine’s military operations transformed engineering decisions into questions of governance.
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 14 Comments »
More Testosterone Won’t Make a Better Soldier or a Tougher Man – Aggression and Strength Drive T Levels, Not the Other Way Around
Pete Hegseth is almost predictably wrong. His beliefs about testosterone supplementation are par for the course.
Topics: Dubious statistics, Guest Post, Health care, Politics, Science and the scientific method, Social policy
Posted by Yves Smith at 9:55 am | 28 Comments »
Links 7/21/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 67 Comments »
Iran War: Washington Post, Telegraph Confirm US Inability to Sustain War; Ansar Allah Closes Bab el-Mandeb Amid Reports of MBS Dethronement; Possibility of Nuclear Attack on Pickaxe Mountain
Today’s Iran war news: As the US becomes weaker and Iran gets stronger, will the US resort to a nuclear bomb?
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 153 Comments »
The US Escalates Its Assault on Brazil’s Free-to-Use (for Citizens and Micro Businesses) Digital Payments System
“[F]ew things have provoked more outrage [in Brazil] than Trump’s attack on PIX, the country’s beloved instant-payment system.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 12 Comments »
Turkiye Is Poised To Open Up A New Containment Front Against Russia in the Black Sea
Turkiye committing to ensuring Ukraine’s maritime security poses a serious threat to Russia.
Topics: Europe, Politics, Russia, Turkey
Posted by Yves Smith at 4:16 am | 12 Comments »
Coffee Break: The Worst People on Earth Have Big Plans for Us All
There are a lot of very very bad, no good at all things happening in the world right now and a vanishingly small number of really really awful people behind an astonishing amount of the worst of it.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 21 Comments »
Europe’s Heatwave Is Becoming an Energy Crisis
The US escalation in its war against Iran couldn’t come at a worse time for Europe.
Topics: Energy markets, Europe, Middle East, Russia
Posted by Conor Gallagher at 9:55 am | 10 Comments »
Links 7/20/2026
Topics: Links
Posted by Conor Gallagher at 6:58 am | 75 Comments »



