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Friday's Fast Five: Week of 7.21


Inter Miami owner expects Lionel Messi signing to double revenues and franchise value over the next year (CNBC): All-time soccer great Lionel Messi’s arrival is expected to double the club’s revenues over the next 12 months, its managing owner Jorge Mas told CNBC’s “Halftime Report.” The Argentina national and former Barcelona star joined Inter Miami on Monday.

Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case (The New York Times): Ms. Ellison, a top executive in Sam Bankman-Fried’s business empire, recorded her thoughts on private Google documents that offer new insight into the collapse of the FTX crypto exchange.

Florida rocked by home insurance crisis: ‘I may have to sell up and move’ (The Guardian):Households in Florida, the third most populous state in the US, have been grappling for some time with a property insurance crisis that is making home ownership unaffordable for many. After at least six insurers went insolvent in Florida last year, Farmers on Tuesday became the latest to pull out of the Florida market, saying in a statement that the decision was based on risk exposure in the hurricane-prone state.

Oppenheimer Exploded the Bomb. Cillian Murphy Cracked Open His Mind. (The Wall Street Journal): How the star of Christopher Nolan’s summer blockbuster made the interior life of a tortured scientist work on an IMAX screen. His challenge: reinventing the archetype of the tortured genius. As Oppenheimer, he wrestles with quantum mechanics and the ethical implications of the Manhattan Project.

The First Great American Industry (Freakonomics Radio - Podcast): Whaling was, in the words of one scholar, “early capitalism unleashed on the high seas.” How did the U.S. come to dominate the whale market? Why did whale hunting die out here — and continue to grow elsewhere?