On Thursday, Trump and Kelly had a meeting that left both men reassured. Trump told advisers afterward that Kelly was “100% safe.” Kelly told his associates that he and the president had patched things up. “I’m in,” Kelly said.
"The Theranos story is an important lesson for Silicon Valley...Innovators must tell investors the truth about what their technology can do today, not just what they hope it might do someday.” - Jina Choi, SEC
If those words bring to mind Tesla, it may not be an accident.
This morning's 3M USD Libor fixing jumped higher for the 27th consecutive session, rising to 2.2018% the highest since December 2008. The move has resulted in the Libor-OIS spread jumping to 51.4bp, surpassing the 2011/2012 highs and the widest level since May 2009.
Just weeks after his forced resignation as South Africa's president, Jacob Zuma was charged with corruption on Friday over a $2.5 billion state arms deal, an outcome which Reuters called "a stunning judicial ruling on a continent where political ‘Big Men’ rarely face their day in court."