
Made games long ago #retrogaming Global biz and finance since. Still love games also art, theatre, science, and a bit of politics. Your life’s what you make it.
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Goldman Sachs is pulling Claude Code and GitHub from its bankers and traders
The parallels to private equity are clear.
linkedin.com/posts/stuart-fo…
A report captures one moment. A deal runs for nine years. Your LLM answers any question about the package well. The trouble is year three: four amendments, a restatement, the builder gone, the auditor asking. A year-three question needs a record, not a better read.
Stuart Fotheringham retweeted
The pilots on this private jet were on the radio with air traffic control while it fell from higher than Mount Everest to a Florida street in about 80 seconds. You can hear them realize they aren't going to make it.
Their trouble started right after a request that sounds totally reasonable. They asked to fly higher.
This was a Learjet 60 carrying nine people from Austin to the Bahamas, a little over two hours into the trip. When they checked in with Miami Center at 35,000 feet, they were getting bounced around hard enough to swing their altitude 600 to 700 feet. They also had a thin layer of clear ice on the plane that the pilot called manageable. It was minus 47 Celsius outside. Then it started precipitating, so they asked to climb to 37,000 to get out of it, and Miami said okay.
Climbing out of bad weather is standard stuff for pilots, and up that high it comes with a catch most of us have never heard of. The air is so thin that a jet has a weirdly small window of speeds it can safely fly. Go too slow and the wings stop holding it up, and if you go too fast, shockwaves start forming on the wings. Every thousand feet you climb, those two limits squeeze a little closer together. Pilots literally call the spot where they meet the coffin corner.
A Learjet 60 normally cruises right around Mach 0.76, and its limit is 0.81. So even on a calm day it's flying pretty close to the edge, and turbulence knocks your airspeed up and down inside that window.
Within seconds of starting the climb, the tracking data shows their groundspeed jumping from 437 to 505 knots as the jet started falling at almost 20,000 feet per minute. The pilot's mayday said the same thing. "We are in an overspeed condition, descending 20,000 feet per minute." Another call said they were banking.
When you get those two at once, things get ugly fast. Once a jet blows past its speed limit, the wing can start pushing the nose down by itself, which adds speed, which pushes the nose down even harder. If the wings are tilted on top of that, the lift that normally holds the nose up is pointing off to the side. The nose keeps dropping and the plane winds into a spiral. Your gut tells you to pull back on the controls, and with the wings banked that mostly just tightens the spiral. You're supposed to level the wings first and only then pull up. Now try doing that inside a cloud where you can't see the horizon while the overspeed alarm is going off.
By 12:49 Eastern they were down to 8,750 feet and dropping more than 32,000 feet per minute. That works out to about 360 miles an hour, straight down. At that speed the last 8,750 feet goes by in around 16 seconds.
The dashcam video shows the jet coming in nearly vertical over Military Trail, with cars still driving on the road under it. It hit right next to a mobile home park. About 600 people who live there are being moved out, and officials say nobody on the ground was hurt, which is honestly hard to believe when you watch that fireball.
The NTSB will probably take a year or more to officially say what caused this. The last thing on the radio was the controller repeating their tail number, November seven two two Bravo Delta, over and over, with nobody left to answer.
Stuart Fotheringham retweeted
What a heartbreaking week it has been. Sir Patrick Stewart was a friend, a colleague, and a magnificent actor. From the stage to the bridge of the Enterprise, he brought intelligence, grace, and a deep sense of humanity to everything he did. Captain Picard stood for the best of us, and so did the man who played him. I was filled with affection and admiration for him and his work.
My heart goes out to Sunny and his family. He will be deeply missed.
Stuart Fotheringham retweeted
SIR PATRICK STEWART (1940-2026)
Before everything else, Patrick was defined by being born and bred in Yorkshire, the proud county in the north of England which he loved to the end. You could hear it in his accented voice and in the stern honesty with which he told you what he thought and felt. Yorkshiremen have no truck with half-truths or avoidance of big issues. He wore his heart on his sleeve, which made him a man to rely on, to admire and in my case, love.
We first met as ambitious young actors with the Royal Shakespeare Company half a century ago but we weren’t in the same productions. My first strong memory was a few years later, meeting him in the street in central London when he told me about an offer to take over a leading part in 'Star Trek'. “But Patrick think of your stage career in the UK. Do you really want to risk—getting lost in Hollywood for years and years?”. Well, he took the risk and thank goodness for us all that he did for not just his devoted Trekkies but film and theatre audiences, who marvelled at his using international celebrity to star in a string of cinema successes ('X-Men' of course) and in great classical plays by Shakespeare, Ibsen, Arthur Miller, Peter Shaffer, Pinter and Beckett at Stratford-upon-Avon, in London’s West End and on Broadway.
America was his adopted home, where he met his adored Sunny who has cared for him through sickness and health, through thick and thin. But he never forsook his origins: and the proudest achievement of the most respected and beloved actor of his generation on either side of the Atlantic, was his appointment as Chancellor of Huddersfield University in Yorkshire.
His farewell performance in 'Avengers: Doomsday' is yet to be seen.
Ian McKellen 29 October 2026
Photo: University of Huddersfield
On February 25 the SEC settled with a private credit adviser over performing loans sold to its own funds at par in spring 2020, without re-deriving their value after the market moved. $900,000 and a censure. The lesson is the process, not the number: "performing" is not a defense.
sec.gov/files/litigation/adm…
My family's story: a mill on Hamer Lane in Manchester, lost in the Great Depression. The record disagrees on every noun. Radcliffe, not Manchester. 1920–21, not 1929. A company that outlived the family's stake in it.
The technology was real, the company survived, the family lost everything anyway. The loss wasn't the mill; it was their position in it. In 2026 the argument is whether AI is real and whether the companies survive. Wrong argument. Where are the positions when the cycle turns?
Lore keeps the moral and sheds the mechanism. The mechanism is the only part that transfers. Full piece, with the directories and the patents, on LinkedIn: lnkd.in/p/eZFGH-h7
Stuart Fotheringham retweeted
isn't gaming just a waste of time?
in 1938, a historian said no: play is older than culture. it's how humans rehearse the world.
WorldOS lets you rehearse history. every move ripples.
history only happens once. you don't have to.
play it free → worldos.cc
On Friday the FCA published its multi-firm review of conflicts of interest in private markets. Read it through one lens: what has to be on the record.
Continuation vehicles and cross-fund transactions are treated as elevated conflict-risk events. Independent valuations are expected to support transaction pricing. And the plainest sentence is the one that matters: "Sufficient records should be maintained to show compliance with policies, procedures and regulatory obligations."
That is the pattern of 2026. The SEC's examination priorities, the DOL's proposed valuation condition and now this review ask the same thing of a firm: not a better opinion of value, but a record that shows how the number was reached, from what, and by whom.
xitter.gq/DealAnalysis/status/21…
The best pitch openings describe a market about to be forced to change. Private capital is one. Every commitment rests on a read: several hundred pages, read once, reduced to a spreadsheet and a memo. The deal keeps changing. The spreadsheet does not.
The DOL's proposed rule of March 30, 2026 opens 401(k) plans to private assets on one condition: a valuation process that is timely, accurate, conflict-free, and can be shown to a plan fiduciary. And the first read is now free. Any LLM reads the package in a minute.
A read cannot be audited. It can only be done again. You committed on a memo last week. Which clause did the number come from? Full piece on LinkedIn: linkedin.com/pulse/private-c…
Stuart Fotheringham retweeted
Enshitification is real... everything is getting worse!
This brand new carpet cleaner proves it:
Stuart Fotheringham retweeted
Replying to @HardwareSteam
Valve will launch one of these three things:
37%Steam Frame
30%Half-Life 3 (HLX)
33%Nothing
202 votes • Final resultsHeard about the Apple Vision Pro port of Mario64 … this guy goes one step further. Is this a future for #retrogames @oliemack @dark1x @digitalfoundry










