Open in TheBrain

johnson ko reorient

<h2 style="background-color: rgb(255, 255, 255); box-sizing: inherit; text-underline-position: auto; margin: 3rem 0px 1rem; break-after: avoid;"><font size="4" face="Times New Roman">Exit Nix</font></h2><p style="margin: 0px 0px 2rem; font-size: small; background-color: rgb(255, 255, 255); box-sizing: inherit; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">A year after this recording,&nbsp;<b>Nix was negotiating an abortive acquisition deal with Martin Sorrell’s world-leading WPP conglomerate of advertising and marketing firms</b>. In January 2018, he finally raised almost $20m for a new company called Emerdata.</font></p><p style="margin: 0px 0px 2rem; font-size: small; background-color: rgb(255, 255, 255); box-sizing: inherit; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Papers obtained by my investigation indicate the Mercers were joined by Chinese and Gulf investors in this effort, although the ultimate sources of their funds remain unclear. Johnson Ko, the Chinese state-linked business partner of American mercenary Erik Prince, briefly joined Emerdata’s board alongside one of his associates. (Cambridge Analytica China was also incubated at Ko’s firm Reorient Capital during 2017.)</font></p><p style="margin: 0px 0px 2rem; font-size: small; background-color: rgb(255, 255, 255); box-sizing: inherit; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">The majority of the new funds injected into Emerdata seem to have been extracted personally by Nix through various different pretexts, according to conversations I had with well-placed sources and review of bankruptcy documents. The biggest withdrawal&nbsp;<a href="https://www.ft.com/content/1c8a5e74-6901-11e8-8cf3-0c230fa67aec" style="text-decoration-line: none; font-weight: inherit; color: rgb(0, 51, 153); outline: none; box-sizing: inherit; letter-spacing: 0px; text-underline-position: under; word-break: break-word;">of $8.7 million</a>&nbsp;took place after Kaiser’s whistleblowing, and before Cambridge Analytica and SCL Elections went into administration. Many employees were never paid their outstanding salaries and severance: the general sacrificed his footsoldiers, most of whom just wanted to get out and move on.</font></p><p style="margin: 0px 0px 2rem; font-size: small; background-color: rgb(255, 255, 255); box-sizing: inherit; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">I first discovered Brittany Kaiser’s support for Bernie Sanders via a YouTube video of a company party at the dog races, arrestingly subtitled “We ‘Rigg’ Elections”. It shows a comedy routine performed by one of Cambridge Analytica’s data scientists, who notes Kaiser’s past involvement with the Obama campaign, suggests she may still be working for the Democrats, and includes this memorable line about Alexander Nix: “He could sell an anchor to a drowning man.”</font></p><p style="margin: 0px 0px 2rem; font-size: small; background-color: rgb(255, 255, 255); box-sizing: inherit; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">Listening again to the pitch recording, I felt that Nix, who continues to protest his innocence and attempt to reboot his career, is now the one sinking under the weight of accumulating evidence. What about those who enabled him?</font></p><h2 style="background-color: rgb(255, 255, 255); box-sizing: inherit; text-underline-position: auto; margin: 3rem 0px 1rem; break-after: avoid;"><font size="4" face="Times New Roman">Beyond Facebookistan, New Deal 2.0?</font></h2>