First Thing, Daily Maverick's flagship newsletter

Join the 230 000 South Africans who read First Thing newsletter.

We'd like our readers to start paying for Daily Maverick

More specifically, we'd like those who can afford to pay to start paying. What it comes down to is whether or not you value Daily Maverick. Think of us in terms of your daily cappuccino from your favourite coffee shop. It costs around R35. That’s R1,050 per month on frothy milk. Don’t get us wrong, we’re almost exclusively fuelled by coffee. BUT maybe R200 of that R1,050 could go to the journalism that’s fighting for the country?

We don’t dictate how much we’d like our readers to contribute. After all, how much you value our work is subjective (and frankly, every amount helps). At R200, you get it back in Uber Eats and ride vouchers every month, but that’s just a suggestion. A little less than a week’s worth of cappuccinos.

We can't survive on hope and our own determination. Our country is going to be considerably worse off if we don’t have a strong, sustainable news media. If you’re rejigging your budgets, and it comes to choosing between frothy milk and Daily Maverick, we hope you might reconsider that cappuccino.

We need your help. And we’re not ashamed to ask for it.

Our mission is to Defend Truth. Join Maverick Insider.

Support Daily Maverick→
Payment options

US loses the case against Bear Stearns hedge fund manag...

Defend Truth

US loses the case against Bear Stearns hedge fund managers

Almost unbelievably, the near collapse of the financial system of the US (and world) has so far yielded charges against only two executives, Bear Stearns hedge fund managers, Matthew Tannin and Ralph Cioffi. They were accused of securities, wire and mail fraud, but were acquitted of all charges on Tuesday. The decision proves the extraordinary difficulty facing the prosecutors: proving that the fund managers stole, or illegally lost, the money while dealing with derivatives or collateralised loan obligations. Good news for the bad guys, bad news for the good guys. Read more: Deal Blog at the New York Times


Please peer review 3 community comments before your comment can be posted