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Economics

Who’s winning at the Trump trial?

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DONALD TRUMP’S criminal trial is nearing its denouement at last. The prosecutors’ star witness is due on the stand imminently, at which point their tale of the former president’s duplicity will start to cohere. In 11 days of testimony other witnesses have skewered Mr Trump, flattered him and revealed his predilections, including his habit of signing cheques in Sharpie pen. But none has yet implicated him directly in the charged crimes. That is up to Michael Cohen, his former lapdog lawyer who, after going rogue six years ago, has been busy writing books with the subtle titles “Disloyal” and “Revenge”.

Economics

What should companies do to keep bosses safe?

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TO KEEP Mark Zuckerberg safe, Meta has spent at least $23m annually on bodyguards, home security and other support during the last three years. To protect Warren Buffett, another high-profile billionaire, but a famously frugal one, Berkshire Hathaway laid out just over $300,000 in 2023. In between those budgets, boards at America’s large public companies make diverse investments to protect bosses, according to filings to the Securities and Exchange Commission. The range of spending indicates a lack of C-suite consensus about what is necessary.

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Economics

Matt Gaetz v the ethics committee

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On December 23rd a congressional committee released a lurid 37-page report alleging ethical misconduct by Matt Gaetz, the former maverick member of the House of Representatives who briefly stood as Donald Trump’s nominee for attorney-general. In a different time the investigation’s details about illicit sex and drug use would definitively end Mr Gaetz’s political career, and perhaps it will now. Yet he could soon test how far deviance has been defined down in America’s norm-smashing political era.

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Economics

Matt Gaetz vs the ethics committee

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on

On December 23rd a congressional committee released a lurid 37-page report alleging ethical misconduct by Matt Gaetz, the former maverick member of the House of Representatives who briefly stood as Donald Trump’s nominee for attorney-general. In a different time the investigation’s details about illicit sex and drug use would definitively end Mr Gaetz’s political career, and perhaps it will now. Yet he could soon test how far deviance has been defined down in America’s norm-smashing political era.

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