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When UBS bought its rival Credit Suisse in 2023, it got roughly a half of a trillion dollars in assets as well as customers and offices around the world. It also took on a fleet of model ships and more than 13,500 artworks. on.wsj.com/429TnS2

I'll be on AirTalk with Larry Mantle in about five minutes! I'll be talking about my most recent story in the The Wall Street Journal about the California wildfires, and how insurance companies will determine how the rebuilding happens.

The aftermath of Arnold Haro’s death illustrates, in the extreme, the lack of boundaries in the meme coin world: It is a place where anything can be turned into a coin—even a horrific tragedy. ⁦Kevin T. Dugan⁩ on crypto’s darkest corner. wsj.com/finance/arnold…

SCOOP: BlackRock CEO Larry Fink is back getting close to President Trump after years of feeling the heat from Republicans Fink met privately with Trump and his team at the White House last month Trump wants to see him again w/Jack Pitcher Kevin T. Dugan wsj.com/finance/invest…

I’m on today’s What's News talking about the End Times on Wall Street while everything is melting down. No really, it’s fun! open.spotify.com/episode/4nQKZY…

We need a definitive ranking of extraordinary Truth posts of Trump's presidency. I have no idea what would rival this, but I am dying to know.

The inspiration for Christopher F. Rufo ⚔️’s new book? An influential Italian communist who was an enemy of Benito Mussolini. Meet MAGA’s favorite communist: Antonio Gramsci, the godfather of the culture war, and the key to understanding Trump 2.0 wsj.com/politics/meet-…

Buy Bridget's book!

Excellent story about the NYC restaurant underbelly from Chris E. Crowley grubstreet.com/article/delici…

Tons of new allegations about the inner workings of DCG — Barry Silbert’s crypto empire. Among them: fraud, conflicts of interest, and a secret rush to cash out. wsj.com/finance/curren…

Julia Garner and Anthony Boyle will portray Caroline Ellison and Sam Bankman-Fried in the new limited series The Altruists. Two hyper-smart young idealists try to remake the global financial system in the blink of an eye...only to seduce each other into stealing $8 billion.

For the past few years, Jen Wieczner and I dug into the mind of Sam Bankman-Fried with the incredible Graham Moore and the wildly talented writers and producers at Higher Ground. Now it's official. THE ALTRUISTS will be coming to Netflix soon! variety.com/2025/tv/news/a…

New from Vicky Ge Huang, Caitlin Ostroff and me: Brand new details inside a private crypto roundtable with Michael Saylor and Vice President J. D. Vance and about two dozen others — all amid MAGA’s takeover of bitcoin wsj.com/finance/curren…

An absolutely immutable front page

Americans are reading less. And even avid readers now struggle to concentrate on longform texts. Some analysts argue that this decline in "deep literacy" is poisoning our politics. I explored that theory (and my own brain rot) in a long piece you probably won't read. Link below