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Keyword: peterrudegeair

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  • His Wedding Guests Were Arriving—Just as His $45 Billion Fund Was Falling Apart

    07/31/2026 10:58:50 AM PDT · by E. Pluribus Unum · 27 replies
    The Wall Street Journal ^ | July 31, 2026 12:41 pm ET | Berber Jin , Peter Rudegeair , Gregory Zuckerman and Anissa Gardizy
    Leopold Aschenbrenner was hailed as the ‘Nostradamus of AI.’ But his Situational Awareness hedge fund took on too much leverage, leading to a crash he never saw coming.When the week began, Leopold Aschenbrenner was preparing for his wedding. The plan was for a multiday celebration in Carmel, a seaside town in Northern California, with the ceremony at a Tuscan-style villa and the send-off at a spa in the forest. There would also be a pre-wedding colloquium to discuss ideas in panels and breakout sessions. The couple’s only request: no gifts.The 24-year-old investor had amassed a fortune by promising he could...
  • Mamdani Clarifies ‘Globalize the Intifada’ Stance in Meeting With Business Elites

    07/16/2025 3:18:14 AM PDT · by C19fan · 30 replies
    Wall Street Journal ^ | July 15, 2025 | Kevin T. Dugan, Ben Glickman, and Peter Rudegeair
    Zohran Mamdani said he would discourage the use of the slogan “globalize the intifada” in a roughly hourlong meeting with some of New York City’s most powerful executives on Tuesday, seeking to defuse an issue that has prompted a backlash from the business community and beyond. Mamdani, the Democratic nominee for New York City mayor, was grilled by a room of 100-plus executives at an event hosted by the Partnership for New York City, an influential business group. The audience included finance and real-estate executives, high-powered lawyers and a handful of billionaires.