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In the latest update on FB's transgressions, Josh Brown said "they have transcripts of when you're making phone calls." Weiss said, "When companies get arrogant, this is what happens." (When Bill Ackman gets arrogant, it's apparently just another day at the office.)
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That’s #20 just to let you know 🙂 Speaking of partnerships, Josh Brown on Friday's Halftime noted BX has "done nothing" since it came public 11 years ago (in that endlessly ballyhooed Steve Schwarzman coverage on CNBC), and it's because of the "structure." Brown said if it goes corporate, the company's tax rate would go up, but it would be eligible for indexes.
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