Matt Levine, Columnist

Jefferies Funded Some Fake Water

Also Aspiration tree planting, OpenAI board seats and popping balance balls.

July 10, 2024 at 2:28 PM EDT

Corrected

July 11, 2024 at 9:03 AM EDT

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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This is a fun one:

Here is the complaint, which is just wild. 352’s theory is that WaterStation has “been operating a Ponzi scheme for years,” involving water vending machines:

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