Matt Levine explores Wall Street and finance through the incentives, contracts and unusual situations behind the headlines, with room for curiosity and humor.

Newsletter
FT Due Diligence
An FT briefing on dealmaking, private equity and corporate finance, combining reported developments with analysis of the institutions and people shaping major transactions.
Explore the full newsletter profileWhy it’s on the Desk
Track one deal across successive editions and compare the reporting with the formal announcements and financing documents.
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