Dry Powder
Unique and privileged insight into the private conversations taking place inside boardrooms and corner offices up and down Wall Street, relayed by best-selling author, journalist, and former M&A senior banker William D. Cohan.
Archives
March 22, 2026
Iran Butterfly Effects & Zaz’s Final Reckoning
March 18, 2026
S.B.F.’s Intervention & The Blankfein–Scaramucci Tax Plan
March 15, 2026
Private Credit Bubble Trouble & A Peggy Siegal Buddy Tale
March 11, 2026
Oil Crisis Flashbacks & Ackman’s I.P.O. Sweetener
January 21, 2026
A Saks Colonoscopy & New Netflix Deal Math
January 18, 2026
Ellison Money Problems, A Saks Mystery & The Airgas Precedent
January 14, 2026
The Saks Filing, WBD Legal Wars & More Creditor-on-Creditor Violence
January 11, 2026
Zaz–Ellison Mating Signs, S.E.C. Filing Clues & A $42B Bitcoin Fantasy
January 8, 2026
Netflix’s Versant Headache, A Larry–Shari House Swap & More Ellison Alchemy
January 5, 2026
A Buffett Modest Proposal, Bloomberg Exit Options & Lazard’s “Son of God”
December 28, 2025
Zaz-Ellison Missed Signals
December 21, 2025
The Ellisons’ $4.3B Faux Pas & Trump’s Insane Media Merger
December 17, 2025
Bloomberg Show Tunes, WBD Brushback & The Ellisons’ Magic Number
December 15, 2025
How the Ellisons Lost WBD (For Now)
December 10, 2025
WBD War Games, Netflix Pain Tolerance & The Barry Diller Doctrine
December 7, 2025
Ellison Game Theory, Comcast’s White Flag & S.B.F.’s Pardon Plea
December 3, 2025
The Epstein-Leon Discourse, Trump’s $115M Payday & Ellison Tea Leaves
November 26, 2025
Private Credit Panic, A White House Proxy War & Ackman’s Book Club
November 23, 2025
WBD Guessing Games, An Ackman I.P.O. Mystery & Goldman’s SPAC Return
November 19, 2025
Recession Discourse, Chanos’s Payday & An East Side War
