Lords and Gods of Capital

PEU Lords and TechGods want to protect you from being de-banked.  Really?  That's a bit jarring for my synapses.

The Carlyle Group, a politically connected private equity underwriter (PEU), is partnering with Citi on asset back financing for fintechs.  

Their press release states:

Global investment firm Carlyle (NASDAQ: CG) and Citi today announced they will collaborate on asset-backed financing opportunities in the rapidly evolving fintech specialty lending space. 

Carlyle would package and sell the debt side, while Citi focuses on the equity side of promising fintechs. 

TechGods Peter Thiel, Joe Lonsdale, Palmer Luckey and major Andreesen Horowitz players want to play in the same fintech sandbox.  Axios reported:

.....Atticus, the stealthy stablecoin startup that we recently reported was raising funding from Anduril CEO Palmer Luckey and others at a $2.25 billion valuation. 

Driving the news: The agreement will see Atticus (or at least its gteam) effectively merge into something called Erebor, recently formed by Luckey with plans to get a banking license. Investors in the combined entity would include 8VC, Founders Fund, and Haun Ventures. Sources say that the new investment will be for around $250 million at the $2.25 billion valuation. 

The combined business would bank startups, with a stablecoin-native element to it.

PEU (pricktechs) and TechGod (dicktechs) want to fee your mind.  Thus, one should recall Synapse.

Ledgering issues, bank partner and regulatory lapses and gross mismanagement led to a shortfall of up to $95 million between bank-held funds and amounts owed to fintech end users (customers)

Andreessen Horowitz walked away from Synapse's stinking corpse.  It did open a Washington, D.C. office to help manage the fallout.  That should tell you what you need to know.  There is a protection racket but it does not focus on customers.

Update 11-10-25:  ProPublica reported:

In August, the CFPB sued the Andreessen-backed banking software company Synapse Financial Technologies Inc., which had declared bankruptcy as the agency probed whether it lost track of millions of dollars in customer funds. But the action has so far resulted in little redress — the now-defunct company agreed to pay a $1 fine and it’s unclear whether the agency will tap its own funds to compensate consumers. A lawyer who represented Synapse didn’t return a call and email seeking comment and the company’s founder didn’t respond to a LinkedIn message.

Andreesen's move to Washington likely helped him greatly.  Synapse customers?  Not so much..

Update 12-6-25:  Lonsdale said he wants to invest in Iran.  Joe must be studying under the mullahs given his desire for public executions done by masculine leadership.  

It's imperative to use all that information obtained from spying on U.S. citizens.  Otherwise Uncle Sam may quit paying the TechGods billions. 

Billy Long Followed in PEU Legend's Footsteps

Former Congressman and now IRS Commissioner Billy Long shares one thing in common with Carlyle Group co-founder David Rubenstein.  Both sold tribal tax credits.  Rubenstein did so prior to his founding The Carlyle Group, a Washington, D.C. based private equity underwriter (PEU).  

Commissioner Long did so after he left the House and did not achieve his desired Senate seat.  Long tried to abolish the IRS while in Congress.  David Rubenstein hates paying taxes so the pair might actually get along.

Rubenstein hired former IRS Commissioner Charles Rossotti at Carlyle.  I'm sure the PEU boys would line up to hire Long if he can help them avoid their already whittled down tax burden.

Billy Long did not get into the Senate but he did skate by with his recent confirmation.  Politicians Red $& Blue love PEU and increasingly, more are one.

College Sports Executives: Call Your Endowment Peers

College endowment experts may wish to communicate with their fellow athletic department staff regarding private equity underwriters (PEU).  Endowments are bailing on their private equity holdings, even selling them at a discount.  

College sports programs are looking at PEU investments to improve facilities and fund operations.  Sports Business Journal announced:

Elevate, a sports consulting firm, will operate a joint initiative funded by the Texas Permanent School Fund and Velocity Capital Management called the Collegiate Investment Initiative, which will provide $500 million in funding for collegiate athletics programs pursuing "capital-intensive projects," such as facility upgrades and renovations.

Endowments like to encourage alumni to leave a portion of their estate to fund university programs.  Private equity is going after that same demographic, encouraging retirees to invest in their PEU offerings.

Is it possible to eliminate the fee-charging PEU middleman and have endowments fund athletic expansion?  Realistic or not, the endowment folks should visit with their sports counterparts.  It might prevent the repeated learning of hard lessons.

Criminal Used "Currency" Coming to America

Both houses of Congress advanced bills intended to legitimize stablecoins as an asset class.  The House has the Clarity Act while the Senate considers the Genius Act.  

This is happening shortly after the political Red Team turned out in force at Bitcoin 2025.  Attendees remarked on the vibe change from eccentric, libertarian, drug addled raver to Wall Street crypto evangelist.

Former TechGod and current Vice President J.D. Vance brought down the house like only he can.  Everybody stand and clap your hands for the upcoming military parade.  I can't imagine a more tone deaf cheer.  Well, one CEO stood.

Elected officials are paving the way for stablecoins which accounted for 63% of the world's illicit transaction volumes.  Trump II, the digital Caligula, loves illicit.  For some reason a United Arab Emirates firm used Trump's USD1 stablecoin to buy a $2 billion chunk of Binance.  

Libertarians will get to enjoy the U.S. military on the streets in two major American cities, Los Angeles and Washington, D.C.  Both are Trump ordered and intended for spectacle or show.  

Are these diversionary tactics to occupy the public while the Trump Team works their next fleecing of the government for his personal enrichment?  It is nice of Congress to help.  

Update 6-11-25:  Trump plans to liberate Los Angeles from criminals while liberating crypto currencies/stablecoins for criminals.  

Update 6-12-25:  Blue Teamer David Plouffe joined Coinbase's Global Advisory Council as two crypto/stablecoin bills advance in the House and Senate. A 401k specialist called opening up retirement accounts for crypto investments an "absolutely awful decision."  

Politicians Red and Blue love PEU and their TechGod/CryptoBro brethren and increasingly, more are one.

Update 7-6-25: Tether, the stablecoin, has long been a currency of criminals.

Private Sector Lures Tennessee Congressman

Will the next private equity underwriter (PEU) be a Tennessee Congressman?

House Homeland Security Committee Chairman Mark Green, a Tennessee Republican, announced Monday that he plans to resign after Congress passes President Trump's budget bill. 

"Recently, I was offered an opportunity in the private sector that was too exciting to pass up. As a result, today I notified the Speaker and the House of Representatives that I will resign from Congress as soon as the House votes once again on the reconciliation package," Green said in a statement.

Green's District includes Clarksville, Tennessee which is a center for Big Tech.  Down the road is Nashville, home of healthcare giants and numerous healthcare focused PEUs.  DOUGEBAG's Brad Smith has Russell Street Ventures

Green is a Medical Doctor, a profession targeted for usurption by Big Tech.  Green voted for Trump's Big Beautiful Badonkadonk of a Bill which prohibits states from restricting Artificial Intelligence.  States have health regulatory boards that govern the practice of medicine and other health professions. TechGod Joe Lonsdale refers to such boards as "cartels." Green can further healthcare as medicine, his training and profession, or healthcare as software, algorithm or AI.

Physician friends might view a Congressional member with an M.D. as a Trojan Horse if he left a body that could defend the practice of medicine to join a TechGod/PEU Legend and gut their profession further.  Private equity brought us surprise medical billing and impacted the delivery of emergency medicine with hard productivity targets.  Might former Senator Bill Frist, M.D. at Frist Cressey Ventures be hiring?

Politicians Red and Blue love PEU and increasingly, more are one.  Some make their big money before running for office while others cash in afterwards.  The public will learn soon enough what drew Mark Green, M.D. to the private sector. 

Update 6-23-25:  Brad Smith left DOGE with his last day just before Memorial Day weekend.

Disjointed Gaza Aid Tied to Chicago PEU

Jerusalem Post reported McNally Capital has an equity stake on SafeReach Solutions, a contractor on the Gaza Aid effort, woefully inadequate to safely meet the urgent, basic needs of a trapped population.  

McNally Capital, founded in 2008 by Ward McNally, helped "support the establishment" of Safe Reach Solutions, a McNally Capital spokesperson told Reuters. SRS is a for-profit company established in Wyoming in November.

The Grayzone added: 

Axios described Safe Reach Solutions as a “strategic planning and logistics company” and said it “drafted the operational plan for the checkpoint.”

JP noted:

"McNally Capital has provided administrative advice to SRS and worked in collaboration with multiple parties to enable SRS to carry out its mission," the spokesperson said. "While McNally Capital has an economic interest in SRS, the firm does not actively manage SRS or have a day-to-day operating role."

McNally Capital, a Chicago based private equity underwriter (PEU), specializes in two sectors, Aerospace & Defense (5 affiliates), as well as Industrial Technologies & Services (3 affiliates).  

Safe Reach Solutions is not one of the listed affiliates.  McNally defense affiliates provide strategic consulting, intelligence services, security advisory, engineered solutions and IT products.  They are fully capable of assisting SRS on its Gaza work. 

Flashback to the stoppage of United Nations food aid for Gazans.  Israel shut it down after ending the ceasefire in March.  

Somehow Trump's initiative found Safe Reach Solutions.  

There's more to this story than can be found in public records.  But that's the way it is in our PEU world.  

The PEU playbook involves affiliates serving Uncle Sam for access to his trillion $ wallet.  Politicians Red and Blue love PEU and increasingly, more are one. 

Update 7-10-25:  McNally Capital hired Boston Consulting Group for work on the Gaza aid project.  Two BCG partners were fired for an "off the books" project team reportedly "worked on a proposal to transform postwar Gaza into a regional trading hub and were involved in modeling the cost of relocating a quarter of the Palestinian population."  NYPo reported.

More than a dozen BCG staff worked on the effort, codenamed “Aurora,” between October 2024 and late May of this year, including senior figures such as the firm’s chief risk officer and the head of its social impact practice.

The article clarified BCG was originally hired by McNally affiliate Orbis for the Gaza aid work.  The work shifted from pro bono to paid in March under NcNally Capital on behalf of SafeReach Solutions.

Update 8-31-25:   A plan for reconstructing Gaza has the land becoming a U.S. trusteeship.  As our politicians Red and Blue love PEU and increasingly, more are one, I expect heavy PEU involvement in that effort, including Jared Kushner's Affinity Partners and maybe even McNally Capital.

TechGod Elon "Epsteined" Trump II

The Gods of Mount PEUvius are very angry.  A TechGod rebellion offered the sacrifice of Trump II, the digital Caligula, for junior TechGod J.D. Vance.  

TechGod Elon Musk, fresh off his stint at DOUGEBAG (Department of Ungodly Greedly Executives Biased Agaiinst Government), started off calling Trump's BBB an abomination.  The two exchanged insults and threats, like only they can...until Elon dropped the Epstein thermo-skunk bomb, the kind that does not wash off.

Epstein-tainted Trump is now a shell of his former self, cursing wildly at 25,000 feet and unsure of whether to come back down to earth or just head into space.  He'll need to make a decision soon as the ash cloud of his political power is expanding massively.  

Trump will need to de-nut Vance, the Peter Thiel protege.  Thiel's ValarVentures is still making bank for the Epstein estate (that is real).  So expect Marco Rubio to give a vigorous defense of Trumpy Epstein.

That these men can throw the world into chaos, all for the sake of accumulating more money, power, underaged girls and whatever other predilections they fancy (legal or not) is disturbing.  

The little people can see the eruption and as usual, they will bear the fallout.

Update 6-7-25:  Trump II warned Elon not to sink his "big, beautiful bill."

“He’ll have to pay very serious consequences.”

Musk deleted his Trump-Epstein files post.  Trump sided up to the boys in blue in an effort to minimize the Epstein stink.

Update 6-10-25:  The Vance threat is forefront in Trumpy Epstein's mind.

Update 6-11-25:  Elon now says some of his post "went too far" and that he regrets them.

Update 9-3-25:  Trump's calling the Epstein case "a hoax" is not aging well as calls for revealing the government's files by the young women abused by Jeffrey Epstein grows into a roar and calls to reveal Epstein's financiers amplifies the cry.

Update 9-4-25:  James O'Keefe has "Just Us" Department senior official Joseph Schnitt on tape saying:

“They’ll redact every Republican or conservative person in those files, leave all the liberal, Democratic people in those files,” the official said over lunch. 

He also noted that Maxwell was “transferred to a minimum-security prison too recently, which is against [Federal Bureau of Prisons] policy because she’s a convicted sex offender.” He added, “They’re offering her something to keep her mouth shut.”

Trump is remarkably consistent in his depravity, as are his henchmen and henchwomen.  It's a Schnitt show.