Hunterbrook
@hntrbrkmedia
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NEW: Innodata, a data-labeling company based out of New Jersey, reportedly has one big customer: Meta. $INOD recently disclosed helping that customer with the “personalization of long-horizon agents.”
Is Innodata involved in Muse?
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New from @hntrbrkmedia: Saudi Arabia appears to be working to assemble a shunt on the critical East-West oil pipeline, bypassing a pumping station damaged in last week's attack.
Imagery from Vantor shows workers already laying and welding a pair of new pipelines.
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BREAKING: Google is the unnamed hyperscaler behind Modine’s new $4 billion agreement.
$MOD also has billions in demand across Amazon, Crusoe, and others.
Crazy scoop from a codebase that, somehow, ended up on the internet.
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Tomorrow: An absolutely crazy story.
We found something… exciting?
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Hunterbrook x Bill Simmons
New BS Podcast!
—The ‘Invincible’ Rams, NFL Under-Pressure Guys + Kyler’s new digs w/ @TomPelissero
—Why did Mark Walter really sell the Lakers? Dodgers - next to go? Did Ballmer cheat or not? What’s up w/ Ishbia’s Suns?@SammyKoppelman explains all.
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Based on Hunterbrook Media’s reporting, at the time of publication Hunterbrook Capital is short bonds issued by Sammons Financial Group. Positions may change at any time. This article is not investment advice or any recommendation. See full disclosures on our website.
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Caught in the middle: More than a million Sammons policyholders, whose insurance money has flowed into Walter-linked businesses — including the insurers under federal investigation and, apparently, a professional bull-riding team.
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Only the official affiliation is gone.
The money, fees, loans, and a right to appoint representatives to the executive committee at Guggenheim remain.
How has Sammons avoided the spotlight?
In 2024, Sammons restructured (on paper!) to drop Guggenheim from its disclosures…
…even though Guggenheim still calls Sammons an affiliate
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Meanwhile, the Sammons CEO overseeing this business just announced retirement after 16 years right as the drama escalated.
Sammons owns about a third of Guggenheim.
It paid Guggenheim tens of millions of dollars in fees each year to manage tens of billions of life insurance money.
And the firms do other business together.
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Guggenheim CEO Mark Walter just agreed to sell the Lakers for liquidity after the Feds seized his phone and computer.
The Feds also raided Guggenheim’s president.
But Guggenheim’s big shareholder has stayed out of the spotlight.
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NEW: We have the next big scoop in the Lakers/Mark Walter drama.
It’s about a hundred billion dollars in “unaffiliated” life insurance money.
And a… rodeo team funded by ordinary Americans?
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About to drop something 🟡 🟣
UPDATE (via @hntrbrkmedia) — A group of Ukrainian civilians who were injured by Russian attacks have now filed a new federal civil suit against Memphis Grizzlies owner Robert Pera’s company, Ubiquiti:
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Jinko Solar and an executive for Jax Industries did not respond to a request for comment.
Read the full story here:
Hunterbrook Media’s investment affiliate, Hunterbrook Capital, does not have any positions related to this article at the time of publication. Positions may change at any time. Full disclosures below.
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Whether the plant remains eligible for tax credits could depend on guidance on these new rules that the Treasury has yet to issue.
“I don't think what Jinko has done will pass the smell test for the administration,” Nick Iacovella, the executive vice president and head of public affairs and communications at the Coalition for a Prosperous America, told Hunterbrook.
“We do not speculate about potential future changes in U.S. policy,” FH Capital said.
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Tax experts told Hunterbrook the Jinko deal structure potentially works as written since the Shis are all Australian citizens.
But two things could still cost the plant its credits, the experts said: it can keep selling Jinko-branded panels under license, using trademarks Jinko's Chinese parent still owns, and the buyer may still owe Jinko $94 million of the purchase price. Under the new federal rules, licensing and debt arrangements with a Chinese company can be disqualifying.
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