Institutional Investor

• Marathon Capital, LLC (“Marathon Capital”), a leading financial advisory and investment banking firm to the clean economy, today announced the launch of its Equity Research Group with the addition of Alex Kania, as Lead Analyst.
• Equity research complements Marathon Capital’s growing Equity Capital Markets business launched in 2022.
• We’re excited to launch our equity research product over the coming months, and we are pleased to welcome Alex and Chandni to the team,” said Ted Brandt, Chief Executive Officer of Marathon Capital.
• Alex brings more than twenty years of equity research experience to Marathon Capital.

• 1 among all firms for analysts on a weighted basis in Institutional Investor’s All-America Equity Research survey for the second consecutive year.
• This overall rank is determined by applying the greatest weight to the highest-ranked individuals in each category.
• Additionally, six analysts ranked in the top three or as runner-up for the first time in new or additional sectors.
• We thank our clients for this recognition.”
  “Providing the highest-quality research and independent thinking to our investor clients has always been a pillar of our business,” added Marc Harris, Evercore ISI Director of Research.

• and MIAMI, Oct. 10, 2023 /PRNewswire/ -- The CAGE Companies (an RLJ Companies majority-owned company), a leading operator of gaming systems, terminals and games in the Caribbean Community and South America today announced the appointment of Scott Royster as its new Chief Financial Officer (CFO), effective October 1, 2023.
• Scott has also previously served as a Director of one of my companies, RLJ Entertainment, said Robert L. Johnson, Founder of The RLJ Companies and majority owner of the CAGE Companies.
• Mr. Royster brings a wealth of financial leadership and experience to the CAGE Companies and will play a crucial role in driving the financial growth, discipline, and strategies at CAGE.
• "I am extremely honored to be joining the CAGE Companies at this very exciting time in their history," said Royster.

• The lies from FTX founder Sam Bankman-Fried date back to the company’s very beginning, prosecutors say.
• In it, my colleagues and I found that even professional financial analysts fall for CEO lies – and that the best-respected analysts might be the most gullible.
• They predict how much a company will earn and suggest whether to buy or sell its stock.
• We also found that highly esteemed analysts fell for CEO lies more often than their lesser-known counterparts did.

Biased toward believing

• First, “all-star” analysts often gain a sense of overconfidence and entitlement as they rise in prestige.
• Second, these analysts tend to have closer relationships with CEOs, which studies show can increase the truth bias.
• Our research also underscores the importance of accountability in governance and the need for strong institutional systems to counter individual biases.

An AI ‘lie detector’?

• We validated the algorithm using fraudulent transcripts, retracted articles in medical journals and deceptive YouTube videos.
• It’s important to note that the tool doesn’t directly measure deception; it identifies language patterns associated with lying.
• But that future is closer than many might realize: Companies in fields such as investing, security and insurance are already starting to use it.

Big questions remain

• But while the technology offers undeniable advantages, such as early detection of threats or fraud, it could also usher in a perilous transparency culture.
• In such a world, thoughts and emotions could become subject to measurement and judgment, eroding the sanctuary of mental privacy.
• This study also raises ethical questions about using AI to measure psychological characteristics, particularly where privacy and consent are concerned.
• The decisions we make today – about ethics, oversight and responsible use – will set the course for years to come.