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Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

Morning Brew Daily

[SPEAKER_01] Good Morning Brew Daily, I'm Neil Freiman and I'm Toby Howell. Today Wall Street staged a revolt after the Fed beating. Then a Meta and Microsoft reported earnings and they're still spending on AI like they stole their parents' credit card. It's Thursday, July 30th. Let's ride.

[SPEAKER_02] One of the most bizarre business stories of the past few years has reached a resolution. This week, eBay agreed to a $56 million settlement with two Massachusetts journalists who had been harassed and stalked by company security personnel in 2019. The TLDR is back then eBay was catching heat from an activist investor and this couple, the Steiners, who ran the website eCommerce Bytes, were posting unflattering articles about the company. Then the freaky mail started showing up.

[SPEAKER_02] For a period, the Steiners began to receive packages of live cockroaches, a bloody pig mask, a funeral wreath and a book on surviving the loss of a spouse. Turns out this campaign was all orchestrated by some eBay executives to get the couple to shut up. eBay has apologized saying what the Steiners were subjected to by former eBay employees in 2018 was wrong, reprehensible and should never have happened.

[SPEAKER_01] I remember covering this story when I first joined the brew five or six years ago. It was crazy then and it's still crazy now. It also got me thinking though, we talk a lot about companies on this podcast. Who's going to send us live cockroaches and a bloody pig Halloween mask? The only answer I could come up with was Chipotle, not because of what we say about them, but because of how many times I've mispronounced it. Chipotle, Chipotle, Chipotle.

Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.