The spectacle of American politics has always been profitable, but George Santos’s latest debacle proves that even the most brazen charlatan eventually hits institutional bedrock.
The rules are clear: if you have privileged access to information—whether it’s the schematics for a city's sewer main or the script for a presidential address—you do not monetize that knowledge.
The moment New York state decided it had the authority to dismantle a federally licensed financial mechanism—that’s when you know who really holds the power, and where the real risk lies.