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What’s next for the Mets: Five things New York must do following Black Friday free agent spree

It was a productive Black Friday for owner Steve Cohen and the New York Mets. In the span of eight hours or so the Mets signed three significant free agents — Mark Canha, Eduardo Escobar, and Starling Marte — for a combined $124.5 million. Canha and Escobar each received two-year deals. Marte landed a four-year pact. All three were ranked as top 50 free agents. 

One day and three signings does not make an offseason, and the Mets still have a lot of work to do before spring training. A surprising amount, really. They likely aren’t close to done following a season that saw them spend 114 days in first place yet finish 77-85. They were the first team in history to spend that many days in first place and still finish under .500. 

What’s next for the Mets following their Black Friday free agent deals? Let’s take a look.

1. Add to the rotation


Jacob deGrom

SP •

ERA1.08

WHIP.55

IP92

BB11

K146

This is now priority No. 1 and 2. Realistically, the Mets need two starting pitchers, not one, and ideally they would be high-end starters who wouldn’t look out of place starting a postseason game. This is the current state of New York’s rotation depth:

  1. RHP Jacob deGrom (did not pitch after July 7 because of numerous injuries)
  2. RHP Taijuan Walker (allowed 53 runs in 64 1/3 innings in the second half)
  3. RHP Carlos Carrasco (allowed 39 runs in 53 2/3 innings around numerous injuries)
  4. RHP Tylor Megill (allowed 38 runs in 54 1/3 innings in his final 11 starts)
  5. LHP David Peterson (did not pitch after June 30 because of a foot injury)
  6. RHP Trevor Williams (spent much of 2021 either in Triple-A or the bullpen)
  7. RHP Jordan Yamamoto (missed most of the year with a shoulder issue)
  8. LHP Thomas Szapucki (did not pitch after July 11 because of a nerve issue)
  9. LHP Joey Lucchesi (had Tommy John surgery in June and is likely to miss 2022)

There are red flags abound, even with the great deGrom. It is no surprise then that the Mets are seeking multiple starting pitchers this offseason and are looking at the top of the market, according to MLB Network’s Jon Heyman and the New York Post‘s Joel Sherman. Free agents Kevin Gausman, Jon Gray, Robbie Ray, and Max Scherzer are all on their list.

The fact Scherzer would not accept a trade to the Mets at the deadline could be an obstacle, but a) why would he want to go to the Mets at the deadline when the contending Dodgers wanted him too?, and b) money has a way of changing minds. If Scherzer still doesn’t want to join the Mets as a free agent, then fine, but the Mets should make him turn down a lot of money first.

As for the trade market, the Athletics are expected to tear things down and they have three arbitration-eligible starters to peddle in Chris Bassitt, Sean Manaea, and Frankie Montas. The Reds are willing to trade Sonny Gray (but not Luis Castillo or Tyler Mahle), though Gray’s previous stint in New York didn’t go well, which may give the Mets pause. John Means is said to be available too.

Point is, the Mets need multiple starting pitchers and in a perfect world they would be pitchers they could reasonably pencil in for 30 or so starts given the questions elsewhere in the rotation. Durability is difficult to predict, especially with pitchers, though there are some guys you can more reasonably count on to give innings than others. The Mets need a few of them.

2. Figure out the Canó situation

After serving a 162-game performance-enhancing drug suspension in 2021, Robinson Canó has been reinstated from the restricted list and is set to rejoin the Mets in 2022. The Mets owe the just-turned 39-year-old $20.25 million in 2022 and again in 2023. Canó went 7 for 24 (.292) in six winter ball games in the Dominican Republic this month before going down with a minor back issue.

When Canó last played in 2020, he was very effective, hitting .315/.352/.544 with 10 homers in 49 games in the shortened season. His range at second base was greatly diminished, however, and 39-year-old ballplayers have been known to decline suddenly and drastically. What do the Mets have in Canó right now? I don’t think anyone knows the answer to that. He’s a mystery.

Realistically, the Mets have three options with Canó:

  1. Keep him and hope he produces next year, in either a full-time or part-time role.
  2. Eat the $40.5 million they owe him from 2022-23 and simply release him.
  3. Trade him, likely by eating money and/or attaching a prospect(s).

No. 3 seems very unlikely. We’ve seen teams attach prospects to an unwanted player to dump his salary plenty of times over the years, though Canó’s money is significant. We’re not talking about a player with, say, one year and $8 million remaining on his contract like Adam Ottavino, who the Yankees salary dumped on the Red Sox last year.

One potential x-factor with a trade is the upcoming collective bargaining agreement, which could include a salary floor (MLB has proposed a $100 million floor). I wouldn’t call a salary floor likely, but it is possible, and in that case Canó could have value to a team that needs to get to the floor. It’s a long shot, though it’s not completely impossible either.

No. 2 would be the cleanest break and possibly the best baseball move. Canó complicates the roster with no guarantee of being productive. He’s a sunk cost. The Mets owe him the money no matter what, so they could either dump him and focus on building the best possible roster, or keep him and potentially make things worse by trying to squeeze something out of that money.

No. 1 has its pros and cons. Pro: Canó could return and mash, and with the upcoming collective bargaining agreement expected to bring the universal DH, it would give the Mets an extra lineup spot to play with. Con: Canó could be completely toast at this point, in which case the Mets are tying up a roster spot on an player with no offensive or defensive value.

One way or another, the Mets have to figure out what they’re doing with Canó next season. My sense is most Mets fans do not want him back and I don’t think the Mets themselves want him back either. In that case, a release would be in order. At the same time, seeing whether Canó has anything left as a DH in 2022 would be defensible. It’s quite the pickle.

3. Add to the bullpen

Particularly a left-hander. The Mets have only three lefty pitchers on the 40-man roster and all three are starters who finished 2021 injured: Lucchesi, Peterson, and Szapucki. Ace lefty reliever Aaron Loup signed with the Angels recently, leaving the Mets without a southpaw reliever in a division that features Juan Soto and Bryce Harper (plus potentially Freddie Freeman as well).

As things stands, New York’s bullpen looks like this:

Díaz, Lugo, and May (and Castro) are a pretty strong end-game unit. The middle relief is a little sketchy and the Mets can improve there. Mostly though, the Mets need an ace lefty reliever to combat the Sotos and Harpers (and Freemans), and free agency offers plenty: Andrew Chafin, Jake Diekman, Sean Doolittle, Andrew Miller, on and on it goes.

My suggestion: Brooks Raley, most recently of the Astros. Since returning from Korea two years ago Raley has held lefty hitters to a .173/.242/.218 line with a 40.5 percent strikeout rate. He holds his own against righties, he’s posted the lowest average exit velocity allowed in baseball the last two years (both years, by a lot), and he has elite spin rates even after the foreign substance crackdown.

Either way, the Mets have a clear need for a left-handed reliever, and bullpen depth in general. I suggest throwing money at the problem rather than trading prospects for relievers given their inherent volatility. Money is the Mets’ greatest resource. Make a bad signing and who cares? It’s just money. But trade a prospect for a reliever who doesn’t work and it’s a tougher pill to swallow.

4. Figure out the bench

Following the Black Friday signings the Mets are in the enviable position of having more good players than starting lineup spots. If the season started today, which is most certainly does not, this would be their position player group (focus on the names, not so much the batting order as it’s laid out):

  1. CF Starling Marte
  2. RF Brandon Nimmo
  3. SS Francisco Lindor
  4. 1B Pete Alonso
  5. 2B Robinson Canó
  6. 3B Eduardo Escobar
  7. LF Mark Canha
  8. C James McCann
  9. Pitcher’s spot

That puts JD Davis, Luis Guillorme, Jeff McNeil, and Dominic Smith on the bench alongside backup catcher Tomás Nido. All except Guillorme are in their arbitration years (MLB Trade Rumors projects the other four to make a combined $10.4 million in 2022) and on one hand, you’re the Mets, who cares how much the bench costs? On the other, almost no team has a bench that expensive.

Depth is important and having Davis and McNeil and Smith available as bench options would be a luxury, plus the universal DH will help create at-bats for everyone. At the same time, there’s an obvious opportunity to use one or more of these players as a trade chip to address other needs. Being a bench player is hard and making career regulars bench guys doesn’t always go smoothly.

McNeil would seem to have the most trade value of the group given his career to date and versatility, though his place with the team is likely tied to the Canó decision. Release Canó and McNeil is the second baseman. Problem solved. Smith was great in 2020 and has pedigree as a former top prospect. Davis has been productive at times and offers a little versatility. They all have their pluses.

It feels like one of these guys is going to be playing elsewhere in 2022. I don’t know who and I don’t know where, and I guess that will depend on what kind of trade offers the Mets receive. An crosstown trade is unlikely but Smith would fit well with the Yankees. Davis would help the Mariners. McNeil could fit just about anywhere, though I’d be all over him if I were the Blue Jays.

The Black Friday signings pushed New York’s luxury tax payroll north of $223 million according to Cot’s Baseball Contracts, and that’s before the Mets add any pitching. It’s entirely possible the Mets will run a $280 million or so payroll in 2022, in which case great, keep everyone. These “too many good players” roster issues have a way of working themselves out.

That said, the current bench is expensive and an area the Mets can trim (or reallocate) payroll, and it can be done productively. Davis, McNeil, and Smith all have trade value and could be used to import other players who better fit the roster. I’m not sure what the right answer or the best course of action is here. It’s something the Mets will have to figure out at some point.

5. Hire a manager

Oh by the way, the Mets don’t have a manager. Or much of a coaching staff, for that matter. After the club parted ways with former manager Luis Rojas last month, they reassigned several coaches and gave others permission to seek jobs elsewhere. The club brought back pitching coach Hefner and so far that’s it. They essentially have to build an entire coaching staff.

The Mets are the only team in baseball without a manager at the moment and you can view that as a blessing (they have their pick of the available candidates) or a curse (most of the best candidates have been hired already). I think it’s the former because there are more qualified managerial candidates than manager jobs. Finding good candidates can be tough, but they’re out there.

My suggestion: Buck Showalter. The Mets badly need an adult in the room and their whole has been less than the sum of the parts the last few years. Showalter is an instant respect guy with experience (20 years as an MLB manager), familiarity with the New York market (Yankees manager from 1992-95), and drive (still looking for his first World Series title). He fits their needs well.

The collective bargaining agreement expires at 11:59 p.m. ET on Dec. 1 and all signs point to the owners locking out the players at that point. Once that happens, transactions involving 40-man roster players will come to a halt. The Mets will still be able to hire a manager and coaches, however. No dealings with the MLBPA to worry about there. A manager could be the team’s next big signing.

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Off-duty Baltimore police officer shoots and kills perpetrator suspected of shooting spree which left two dead

An off-duty police officer who was getting a haircut Saturday shot and killed a suspect believed to have been behind a weekend shooting spree in Baltimore which left two dead.

According to a statement shared to social media by the Baltimore Police Department, authorities arrived at the scene of a barbershop and “learned that an armed gunman walked into the business and shot and killed” a male barber before an off-duty police officer who was in the business at the time “shot the suspect, killing him.”

File photo – a man sits on a park bench overlooking Baltimore harbor and skyline, Baltimore, Maryland. 
(Photo By: Education Images/UIG via Getty Images)

BALTIMORE COUNTY COUNCILMAN: STATE’S ATTORNEY’S POLICIES CREATE ‘MESSAGE OF PERMISSIVENESS’ AMID CRIME SPIKE

“Investigators believe that the suspect involved in this shooting was also responsible for the shooting that occurred today in the 5000 block of East Oliver Street and the Homicide that occurred in the 4600 block of Eastern Avenue,” the police department stated.

In a press conference, Baltimore Police Commissioner Michael Harrison said the unidentified off-duty officer “responded to the shooting immediately and with great bravery produced his firearm and fired at the perpetrator, striking the perpetrator.”

Baltimore police commissioner Michael Harrison during a community meeting on February 11, 2019, at Forest Park High School. (Kenneth K. Lam/Baltimore Sun/Tribune News Service via Getty Images)
(Kenneth K. Lam/Baltimore Sun/Tribune News Service via Getty Images)

Harrison also said “detectives are working to determine connectivity between this police involved shooting, this homicide against the barber, in connection with two other shootings that happened slightly prior to this shooting.”

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(Office of the State’s Attorney Office for Baltimore City)

“We’re processing three different scenes in three parts of the city,” Harrison said, noting the active investigation. “While this perpetrator has expired from his injuries, we will still need answers to these questions.”

Authorities also stated that one victim who was involved in the shooting in the 5000 block of East Oliver Street is in critical condition.

Baltimore Police Department did not immediately respond to a request for comment from Fox News.

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Cardinals notebook: Trade for former Toronto first-round pick continues spree of adding depth, hoping for impact – STLtoday.com

  1. Cardinals notebook: Trade for former Toronto first-round pick continues spree of adding depth, hoping for impact STLtoday.com
  2. Cardinals vs. Reds – Game Recap – July 25, 2021 ESPN
  3. Sonny Gray following rough start: ‘I just gotta get back to being the best version of Sonny Gray’ Bally Sports Ohio & Great Lakes
  4. Tempers flare, outfielders flex and Cardinals salvage series, end losing streak to Reds with 10-6 victory STLtoday.com
  5. Why Sonny Gray stayed on the mound during a pitching change in Reds loss to Cardinals The Cincinnati Enquirer
  6. View Full Coverage on Google News

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Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree

WASHINGTON—The Biden administration Monday publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email software this year, part of a global effort to condemn Beijing’s malicious cyber activities.

In addition, four Chinese nationals, including three intelligence officers, were indicted over separate hacking activity.

The U.S. government has “high confidence” that hackers tied to the Ministry of State Security, or MSS, carried out the unusually indiscriminate hack of Microsoft Exchange Server software that emerged in March, senior officials said.

“The United States and countries around the world are holding the People’s Republic of China (PRC) accountable for its pattern of irresponsible, disruptive, and destabilizing behavior in cyberspace, which poses a major threat to our economic and national security,” Secretary of State

Antony Blinken

said. The MSS, he added, had “fostered an ecosystem of criminal contract hackers who carry out both state-sponsored activities and cybercrime for their own financial gain.”

The U.K. and European Union joined in the attribution of the Microsoft email hack, which rendered an estimated hundreds of thousands of mostly small businesses and organizations vulnerable to cyber intrusion. But the public shaming did not include punitive measures, such as sanctions or diplomatic expulsions, a contrast with how the administration recently punished Russia for a range of alleged malicious cyber activity.

The U.S.-led announcement is the most significant action from the Biden administration to date concerning China’s yearslong campaign of cyberattacks against the U.S. government and American companies, often involving routine nation-state espionage and the theft of valuable intellectual property such as naval technology and coronavirus-vaccine data.

The Microsoft hack made an estimated hundreds of thousands of mostly small businesses and organizations vulnerable to cyber intrusion.



Photo:

Steven Senne/Associated Press

The Justice Department made public Monday a grand jury indictment from May that charged four Chinese nationals and residents working with the Ministry of State Security of being engaged in a hacking campaign from 2011 to 2018 intended to benefit China’s companies and commercial sectors by stealing intellectual property and business information. The indictment didn’t appear directly related to the Microsoft Exchange Server breach, but accused the hackers of stealing information from companies and universities about Ebola virus research and other topics to benefit the Chinese government and Chinese companies.

Attributing the Microsoft hack to China was part of a broader global censure Monday of Beijing’s cyberattacks by the U.S., the European Union, the U.K., Canada, Australia, New Zealand, Japan and the North Atlantic Treaty Organization, or NATO. While statements varied, the international cohort generally called out China for engaging in harmful cyber activity, including intellectual property theft. Some accused the MSS of using criminal contractors to conduct unsanctioned cyber operations globally, including for their own personal profit.

U.S. authorities have accused China of widespread hacking targeting American businesses and government agencies for years. China has historically denied the allegations. A spokesman for the Chinese Embassy in Washington didn’t immediately respond to a request for comment.

The Exchange Server hack was disclosed by Microsoft in March alongside a software patch to fix the bugs being exploited in the attack. Microsoft at the time identified the culprits as a Chinese cyber-espionage group with state ties that it refers to as Hafnium, an assessment that was supported by other cybersecurity researchers. The Biden administration hadn’t offered attribution until now, and is essentially agreeing with the conclusions of the private sector and providing a more detailed identification.

The attack on the Exchange Server systems began slowly and stealthily in early January by hackers who in the past had targeted infectious-disease researchers, law firms and universities, according to cybersecurity officials and analysts. But the operational tempo appeared to intensify as other China-linked hacking groups became involved, infecting thousands of servers as Microsoft worked to send its customers a software patch in early March.

Also on Monday, the National Security Agency, Federal Bureau of Investigation and Cybersecurity and Infrastructure Security Agency jointly published technical details of more than 50 tactics and techniques favored by hackers linked to the Chinese government, the official said. The release of such lists is common when the U.S. exposes or highlights malicious hacking campaigns and is intended to help businesses and critical infrastructure operators better protect their computer systems.


‘Failure to sanction any PRC-affiliated actors has been one of the most prolific and baffling failures of our China policy that has transcended administrations.’


— Dmitri Alperovitch, Silverado Policy Accelerator

Cybersecurity experts have been pressing the Biden administration for months to respond to China’s alleged involvement in the Microsoft email hack. Cybersecurity expert

Dmitri Alperovitch,

with the Silverado Policy Accelerator think tank, said the coordinated global condemnation of China was a welcome and overdue development.

“The Microsoft Exchange hacks by MSS contractors is the most reckless cyber operation we have yet seen from the Chinese actors—much more dangerous than the Russian

SolarWinds

hacks,” said Mr. Alperovitch, referring to the widespread cyber-espionage campaign detected last December that, along with other alleged activities, prompted a suite of punitive measures against Moscow.

Mr. Alperovitch criticized the lack of any sanctions being levied against China and said it raised questions about why Beijing appeared to be evading harsher penalties, especially compared with those slapped on Russia.

“Failure to sanction any PRC-affiliated actors has been one of the most prolific and baffling failures of our China policy that has transcended administrations,” Mr. Alperovitch said, referring to the People’s Republic of China. Monday’s public shaming without further punishment “looks like a double standard compared with actions against Russian actors. We treat China with kid gloves.”

The senior administration official said the Biden administration was aware that no single action was capable of changing the Chinese government’s malicious cyber behavior, and that the focus was on bringing countries together in a unified stance against Beijing. The list of nations condemning China on Monday was “unprecedented,” the official said, noting it was the first time NATO itself had specifically done so.

“We’ve made clear that we’ll continue to take actions to protect the American people from malicious cyber activity, no matter who’s responsible,” the official said. “And we’re not ruling out further actions to hold the PRC accountable.”

The new indictment said that members of a provincial branch of China’s intelligence service in the southern Hainan Province created a front company that described itself as an information security company and directed its employees to hack dozens of victims in the U.S., Austria, Cambodia and several other countries.

The defendants, three of whom are described as intelligence officers, aren’t in U.S. custody. Some cybersecurity experts have said indictments against foreign state-backed hackers often have little impact, because the accused are rarely brought before an American courtroom. U.S. officials have defended the practice, saying it helps convince allied governments, the private sector and others about the scope of the problem.

The group is accused of hacking into dozens of schools, companies, and government agencies around the world, ranging from a research facility in California and Florida focused on virus treatments and vaccines, to a Swiss chemicals company that produces maritime paints, to a Pennsylvania university with a robotics engineering program and the National Institutes of Health, to two Saudi Arabian government ministries. The companies and universities aren’t named in the indictment.

The hackers allegedly used fake spear-phishing emails and stored stolen data on GitHub, the indictment said. They coordinated with professors at a Chinese university, including to identify and recruit hackers for their campaign, it said. The alleged NIH breach dates to August 2013, the indictment said.

The Microsoft Hack

More WSJ coverage of Exchange Server cyberattack, selected by the editors.

Write to Dustin Volz at dustin.volz@wsj.com and Aruna Viswanatha at Aruna.Viswanatha@wsj.com

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Wall Street Ponders Goldman’s Block-Trade Spree

(Bloomberg) — As Wall Street speculated on the identity of the mysterious seller behind the massive $10.5 billion in block trades executed on Friday by Goldman Sachs Group Inc., investors also pondered just how unprecedented the selloff was — and whether there’s more to come.

The sales lit up trader chat rooms from New York to Hong Kong and were part of an extraordinary spree that erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerates.

“I’ve never seen something of this magnitude in my 25-year career,” said Michel Keusch, portfolio manager at Bellevue Asset Management AG in Switzerland.

Goldman sold $6.6 billion worth of shares of Baidu Inc., Tencent Music Entertainment Group and Vipshop Holdings Ltd. before the market opened in the U.S., according to an email to clients seen by Bloomberg News. That move was followed by the sale of $3.9 billion of shares in ViacomCBS Inc., Discovery Inc., Farfetch Ltd., iQiyi Inc. and GSX Techedu Inc., the email said.

Block trades — the sale of a large chunk of stock at a price sometimes negotiated outside of the market — are common, but the size of these trades and the multiple blocks hitting the market during the normal trading hours aren’t.

“This was highly unusual,” said Oliver Pursche, a senior vice president at Wealthspire Advisors, which manages $12 billion in assets. “The question now is: Are they done? Is this over? Or come Monday and Tuesday, are markets going to be hit by another wave of block trades?”

Read More: Goldman Sold $10.5 Billion of Stocks in Block-Trade Spree

The trades triggered price swings for every stock involved in the high-volume transactions, rattling traders and prompting talk that a hedge fund or family office was in trouble and being forced to sell.

The situation is worrisome “because we don’t have all the answers on whether this was the liquidation of just one fund or more than a fund, or whether it was a fund liquidation to begin with and the reason behind it,” Pursche said.

“It can be difficult for a manager from a positioning standpoint. Another wave of block trades may force fund managers to reassess their commitment to some stocks,” he said.

‘Unprecedented’

Frederik Hildner, a portfolio manager at Salm-Salm & Partner GmbH in Wallhausen, Germany, called the move “unprecedented.” He added, “The question is why did these block trades occur? Does one firm know something others don’t or were they somehow forced to cut risk?

More of the unregistered stock offerings were said to be managed by Morgan Stanley, according to people familiar with the matter, on behalf of one or more undisclosed shareholders. Some of the trades exceeded $1 billion in individual companies, calculations based on Bloomberg data show.

Read More: Block-Trade Bevy Wipes $35 Billion Off Stock Values in a Day

Wall Street is now trying to work out who the seller is.

Several major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in share prices of ViacomCBS and Discovery, IPO Edge reported, citing people it didn’t identify. CNBC reported forced sales by Archegos were probably related to margin calls on heavily leveraged positions. Archegos is controlled by former Julian Robertson protege and Tiger Management analyst Bill Hwang.

Maeve DuVally, a Goldman Sachs spokeswoman, declined to comment. A spokesperson for Morgan Stanley declined to comment. A person reached at Archegos’s New York office on Friday declined to comment. An email sent to Hwang seeking comment wasn’t returned.

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Goldman Sold $10.5 Billion of Stocks in Block-Trade Spree

Goldman Sachs Group Inc. liquidated $10.5 billion worth of stocks in block trades on Friday, part of an extraordinary spree of selling that erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerates.

The Wall Street bank sold $6.6 billion worth of shares of Baidu Inc., Tencent Music Entertainment Group and Vipshop Holdings Ltd. before the market opened in the U.S, according to an email to clients seen by Bloomberg News.

That move was followed by the sale of $3.9 billion of shares in ViacomCBS Inc., Discovery Inc., Farfetch Ltd., iQiyi Inc. and GSX Techedu Inc., the email said.

More of the unregistered stock offerings were said to be managed by Morgan Stanley, according to people familiar with the matter, on behalf of one or more undisclosed shareholders. Some of the trades exceeded $1 billion in individual companies, calculations based on Bloomberg data show.

Maeve DuVally, a Goldman Sachs spokeswoman, declined to comment. A spokesperson for Morgan Stanley declined to comment.

Price Swings

The liquidation triggered price swings for every stock involved in the high-volume transactions, while rattling some of their industry counterparts. It also spurred speculation among some traders of forced selling by a fund being liquidated.

Several major investment banks with ties to Tiger Cub hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in share prices of ViacomCBS and Discovery, IPO Edge reported, citing people it didn’t identify.

In block trades, large volumes of securities are privately negotiated between parties, usually outside of open market.

Friday’s selloff dragged companies including Alibaba Group Holding Ltd. and NetEase Inc. lower. The peers later recovered after traders said word of the offerings lessened fears that a broader trade was unfolding throughout the sector.

That late rebound pushed up an index of companies engaged in internet-related businesses in China and the U.S., with the measure halting a three-day selloff while still notching a slide of about 6.5% for the week.

Chinese stocks have been under pressure after a warning from the Securities and Exchange Commission that it’s taking steps to force accounting firms to let U.S. regulators review the financial audits of overseas companies — the penalty for non-compliance being ejection from exchanges. In addition to that, Bloomberg News reported that China’s government has proposed forming a joint venture with local technology giants that would oversee the lucrative data they collect.

Read more: ViacomCBS, Discovery Plunge on New Downgrade, Block Trades

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NFL free agency 2021: Patriots clear winners on Day 1 after huge spending spree, Titans among losers

Day 1 of the legal tampering period kicked off with a bang on Monday. Serious money was being thrown around the NFL leading up to the start of the new league year and some of the biggest free agents are now starting to come off the board. Of course, all of these deals cannot become official until the new year actually begins on Wednesday but these handshake agreements are as concrete as you can get at this time of the year.

While Monday’s action is merely just the tip of the iceberg when it comes to player movement this offseason, we’re going to dissect some of the most notable signings and determine who is currently leading the pack with their haul after Day 1. Below, you’ll find our winners and losers from the unofficial start of free agency. 

Bill Belichick rolled into free agency like his stimulus check just cleared. The Patriots wasted no time in trying to rebuild a roster that went 7-9 in 2020 and were quick to address key positions of need. The first major splash was signing tight end Jonnu Smith to a four-year, $50 million deal that solidifies a position that the club has been trying to fill ever since Rob Gronkowski retired. Smith is as well-rounded of a tight end as they come with the ability to block and be a lethal receiver, particularly after the catch. From Day 1, he should be looked at as the Patriots’ top pass-catching option. Not only did the Patriots add a tight end, but they also brought in receivers Nelson Agholor and Kendrick Bourne. Agholor will help Josh McDaniels’ offense stretch the field while Bourne could be an option for the club out of the slot. 

Meanwhile, the most surprising splash of the day for the Patriots came on the defensive side of the ball by agreeing with linebacker Matt Judon on a four-year, $56 million contract. He brings elite talent to a Patriots pass-rushing unit that will also boast Josh Uche, Chase Winovich, and Dont’a Hightower. All of a sudden, that grouping is shaping out to be pretty lethal. Finally, the Patriots solidified the interior of their defensive line by adding Henry Anderson and Davon Godchaux. 

It wasn’t all positives for the Patriots, however, as they did lose star left guard Joe Thuney (more on him below). 

Loser: Ravens pass rush

While the Ravens did make a big addition to their O-line by adding guard Kevin Zeitler, John Harbaugh’s front seven did take a hit with the club losing both Yannick Ngakoue (Raiders) and Matt Judon (Patriots). Judon led the team in sacks and quarterback hits while Ngakoue wasn’t too far behind after only joining the club for nine games following a mid-season trade from the Vikings. While the Ravens have a history of restocking their defense on the fly — and should see even more production from middle linebacker Patrick Queen in Year 2 — the edge will need to catering as free agency and the draft moves forward.    

Give Bruce Arians credit, his declaration during Tampa Bay’s Super Bowl LV celebration that the Buccaneers would be bringing back all of their key pending free agents proved to be true. While the club had already reached an agreement with linebacker Lavonte David and franchised receiver Chirs Godwin, the status of Shaq Barrett was still hanging in the balance. However, the club was able to retain the star pass rusher by inking him to a four-year, $72 million deal on Monday. Not only were the Bucs able to keep Barrett, but they also re-upped Rob Gronkowski to a one-year deal. As things stand currently, Tampa Bay is well-positioned to defend its title. 

With the uncertain status looming over Russell Wilson, one would think it’d behoove Seattle to come in hot on the first day of free agency and give the star quarterback what he wants: protection. However, the Seahawks remained quiet on Monday as the likes of guards Joe Thuney and Kevin Zeitler came off the board along with star center Corey Linsley. If the Seahawks were to take Wilson’s previous comments this offseason about adding to the offensive line to heart and came out of the gate firing, that could have been a key olive branch to possibly mend some fences. At the moment, it doesn’t seem like Seattle has done much of anything to smooth things over with their franchise cornerstone. 

Patrick Mahomes clearly doesn’t want to get beaten up like he did in Super Bowl LV ever again. The quarterback recently restructured his contract with the Chiefs to give the club more cap space and it has provided immediate dividends with the team signing left guard Joe Thuney to a five-year deal. Thuney has been a key piece to the Patriots offense through two Super Bowl championships and now he’ll look to add to his résumé by blocking for Mahomes for the next half-decade. According to PFF, Thuney has allowed just three sacks dating back to 2018. Not only does he bring elite production, but he’s also proven to be one of the more durable offensive linemen around. 

Clearly, Mahomes likes what his team is doing on Day 1 of free agency. 

With tight end Jonnu Smith signing with the Patriots and Corey Davis inking a deal with the Jets, Titans quarterback Ryan Tannehill is losing two of his top three pass-catchers from a season ago. Smith and Davis combined for 1,432 yards of Tannehill’s 3,819 passing yards in 2020, which is roughly around 37.5% of his production. Of Tannehill’s 33 touchdowns last season, 13 were either to Smith or Davis. Of course, Tannehill can still lean on receiver A.J. Brown and running back Derrick Henry to help push Tennessee’s offense down the field, but it likely just got a bit more difficult with both Smith and Davis moving on. 

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Massacre in the mountains: How an Ethiopian festival turned into a killing spree

The corpses, some dressed in white church robes drenched in blood, were scattered in arid fields, scrubby farmlands and a dry riverbed. Others had been shot on their doorsteps with their hands bound with belts. Among the dead were priests, old men, women, entire families and a group of more than 20 Sunday school children, some as young as 14, according to eyewitnesses, parents and their teacher.

Abraham recognized some of the children immediately. They were from his town in Ethiopia’s northern Tigray region, Edaga Hamus, and had also fled fighting there two weeks earlier. As clashes raged, Abraham and his family, along with hundreds of other displaced people, escaped to Dengelat, a nearby village in a craggy valley ringed by steep, rust-colored cliffs. They sought shelter at Maryam Dengelat, a historic monastery complex famed for a centuries-old, rock-hewn church.

On November 30, they were joined by scores of religious pilgrims for the Orthodox festival of Tsion Maryam, an annual feast to mark the day Ethiopians believe the Ark of the Covenant was brought to the country from Jerusalem. The holy day was a welcome respite from weeks of violence, but it would not last.

A group of Eritrean soldiers opened fire on Maryam Dengelat church while hundreds of congregants were celebrating mass, eyewitnesses say. People tried to flee on foot, scrambling up cliff paths to neighboring villages. The troops followed, spraying the mountainside with bullets.

A CNN investigation drawing on interviews with 12 eyewitnesses, more than 20 relatives of the survivors and photographic evidence sheds light on what happened next.

The soldiers went door to door, dragging people from their homes. Mothers were forced to tie up their sons. A pregnant woman was shot, her husband killed. Some of the survivors hid under the bodies of the dead.

The mayhem continued for three days, with soldiers slaughtering local residents, displaced people and pilgrims. Finally, on December 2, the soldiers allowed informal burials to take place, but threatened to kill anyone they saw mourning. Abraham volunteered.

Footage obtained by CNN shows the shoes of some of those killed in Dengelat. Credit: Obtained by CNN

Under their watchful eyes, he held back tears as he sorted through the bodies of children and teenagers, collecting identity cards from pockets and making meticulous notes about their clothing or hairstyle. Some were completely unrecognizable, having been shot in the face, Abraham said.

Then he covered their bodies with earth and thorny tree branches, praying that they wouldn’t be washed away, or carried off by prowling hyenas and circling vultures. Finally he placed their shoes on top of the burial mounds, so he could return with their parents to identify them.

One was Yohannes Yosef, who was just 15.

“Their hands were tied … young children … we saw them everywhere. There was an elderly man who had been killed on the road, an 80-something-year-old man. And the young kids they killed on the street in the open. I’ve never seen a massacre like this and I don’t want to [again],” Abraham said.

“We only survived by the grace of God.”

Abraham said he buried more than 50 people that day, but estimates more than 100 died in the assault.

They’re among thousands of civilians believed to have been killed since November, when Ethiopian Prime Minister Abiy Ahmed, who was awarded the Nobel Peace Prize in 2019 for resolving a long-running conflict with neighboring Eritrea, launched a major military operation against the political party that governs the Tigray region. He accused the Tigray People’s Liberation Front (TPLF), which ruled Ethiopia for nearly three decades before Abiy took office in 2018, of attacking a government military base and trying to steal weapons. The TPLF denies the claim.

The conflict is the culmination of escalating tensions between the two sides, and the most dire of several recent ethno-nationalist clashes in Africa’s second-most populous country.

After seizing control of Tigray’s main cities in late November, Abiy declared victory and maintained that no civilians were harmed in the offensive. Abiy has also denied that soldiers from Eritrea crossed into Tigray to support Ethiopian forces.
But the fighting has raged on in rural and mountainous areas where the TPLF and its armed supporters are reportedly hiding out, resisting Abiy’s drive to consolidate power. The violence has spilled over into local communities, catching civilians in the crossfire and triggering what the United Nations refugee agency has called the worst flight of refugees from the region in two decades.
The UN special adviser on genocide prevention said in early February that the organization had received multiple reports of “extrajudicial killings, sexual violence, looting, mass executions and impeded humanitarian access.”

Many of those abuses have been blamed on Eritrean soldiers, whose presence on the ground suggests that Abiy’s much-lauded peace deal with Eritrean President Isaias Afwerki set the stage for the two sides to wage war against the TPLF — their mutual enemy.

The US State Department, in a statement to CNN, called for Eritrean forces to be “withdrawn from Tigray immediately,” citing credible reports of their involvement in “deeply troubling conduct.” In response to CNN’s findings, the spokesperson said “reports of a massacre at Maryam Dengelat are gravely concerning and demand an independent investigation.”

Ethiopia responded to CNN’s request for comment with a statement that did not directly address the attack in Dengelat. The government said it would “continue bringing all perpetrators to justice following thorough investigations into alleged crimes in the region,” but gave no details about those investigations.

“They were taking them barefoot and killing them in front of their mothers”

Rahwa

CNN has reached out for comment to Eritrea, which has yet to respond. On Friday, the government vehemently denied its soldiers had committed atrocities during another massacre in Tigray reported by Amnesty International.

The TPLF said in a statement to CNN that its forces were nowhere near Dengelat at the time of the massacre. It rejected that the victims could have been mistaken for being TPLF and called for a UN investigation to hold all sides accountable for atrocities committed during the conflict.

Still, the situation inside the country remains opaque. Ethiopia’s government has severely restricted access to journalists and prevented most aid from reaching areas beyond the government’s control, making it challenging to verify accounts from survivors. And an intermittent communications blackout during the fighting has effectively blocked the war from the world’s eyes.

Now that curtain is being pulled back, as witnesses fleeing parts of Tigray reach internet access and phone lines are restored. They detail a disastrous conflict that has given rise to ethnic violence, including attacks on churches and mosques.

For months, rumors spread of a grisly assault on an Orthodox church in Dengelat. A list of the dead began circulating on social media in early December, shared among the Tigrayan diaspora. Then photos of the deceased, including young children, started cropping up online.

Through a network of activists and relatives, CNN tracked down eyewitnesses to the attack. In countless phone calls — many disconnected and dropped — Abraham and others provided the most detailed account of the deadly massacre to date.

Footage of the 2019 festival shows congregants celebrating outside the church. Credit: Bernadette Gilbertas

Eyewitnesses said that the festival started much as it had any other year. Footage of the celebrations from 2019 shows priests dressed in white ceremonial robes and crowns, carrying crosses aloft, leading hundreds of people in prayer at Maryam Dengelat church. The faithful sang, danced and ululated in unison.

As prayers concluded in the early hours of November 30, Abraham looked out from the hilltop where the church is perched to see troops arriving by foot, followed by more soldiers in trucks. At first, they were peaceful, he said. They were invited to eat, and rested under the shade of a tree grove.

But, as congregants were celebrating mass around midday, shelling and gunfire erupted, sending people fleeing up mountain paths and into nearby homes.

Desta, who helped with preparations for the festival, said he was at the church when troops arrived at the village entrance, blocking off the road and firing shots. He heard people screaming and fled, running up Ziqallay mountainside. From the rocky plateau he surveyed the chaos playing out below.

We could see people running here and there … [the soldiers] were killing everyone who was coming from the church,” Desta said.

Eight eyewitnesses said they could tell the troops were Eritrean, based on their uniforms and dialect. Some speculated that soldiers were meting out revenge by targeting young men, assuming they were members of the TPLF forces or allied local militias. But Abraham and others maintained there were no militia in Dengelat or the church.

Marta, who was visiting Dengelat for the holiday, says she left the church with her husband Biniam after morning prayers. As the newlyweds walked back to their relative’s home, a stream of people began sprinting up the hill, shouting that soldiers were rounding people up in the village.

She recalled the horrifying moment soldiers arrived at their house, shooting into the compound and calling out: “Come out, come out you b*tches.” Marta said they went outside holding their identity cards aloft, saying “we’re civilians.” But the troops opened fire anyway, hitting Biniam, his sister and several others.

“I was holding Bini, he wasn’t dead … I thought he was going to survive, but he died [in my arms].

The couple had just been married in October. Marta found out after the massacre that she was pregnant.

After the soldiers left, Marta, who said she was shot in the hand, helped drag the seven bodies inside, so that the hyenas wouldn’t eat them. “We slept near the bodies … and we couldn’t bury them because they [the soldiers] were still there,” she said.

Marta and other eyewitnesses described soldiers going house to house through Dengelat, dragging people outside, binding their hands or asking others to do so, and then shooting them.

Rahwa, who was part of the Sunday school group from Edaga Hamus and left Dengelat earlier than others, managing to escape being killed, said mothers were forced to tie up their sons.

“They were ordering their mothers to tie their sons’ hands. They were taking them barefoot and killing them in front of their mothers,” Rahwa said eyewitnesses told her.

Samuel, another eyewitness, said that he had eaten and drank with the soldiers before they came to his house, which is just behind the church, and killed his relatives. He said he survived by hiding underneath one of their bodies for hours.

“They started pushing the people out of their houses and they were killing all children, women and old men. After they killed them outside their houses, they were looting and taking all the property,” Samuel said.

As the violence raged, hundreds of people remained in the church hall. In a lull in the gunfire, priests advised those who could to go home, ushering them outside. Several of the priests were killed as they left the church, Abraham said.

With nowhere to run to, Abraham sheltered inside Maryam Dengelat, lying on the floor as artillery pounded the tin roof. “We lost hope and we decided to stay and die at the church. We didn’t try to run,” he said.

Two days later, the troops called parishioners down from the church to deal with the dead. Abraham said he and five other men spent the day burying bodies, including those from Marta’s household and the Sunday school children. But the troops forbid them from burying bodies at the church, in line with Orthodox tradition, and forced them to make mass graves instead — a practice that has been described elsewhere in Tigray.

“… most of them were eaten by vultures before they got buried, it was horrible”

Tedros

Abraham shared photos and videos of the grave sites, which CNN geolocated to Dengelat with the help of satellite image analysis from several experts. The analysis was unable to conclusively identify individual graves, which witnesses said were shallow, but one expert said there were signs that parts of the landscape had changed.

The initial bloodshed was followed by a period of two tense weeks, Abraham said. Soldiers stayed in the area in several encampments, stealing cars, burning crops and killing livestock before eventually moving on.

Tedros, who was born in Dengelat and traveled there after the soldiers had left, said that the village smelled of death and that vultures were circling over the mountains, a sign that there may be more bodies left uncounted there.

“Some of them were also killed in the far fields while they were trying to escape and most of them were eaten by vultures before they got buried, it was horrible. [The soldiers] tied them and killed them in front of their doors, and they shot them in the head just to save bullets,” he said.

Tedros visited the burial grounds described by eyewitnesses and said he saw cracks in the church walls where artillery hit. In interviews with villagers and family members, he compiled a death toll of more than 70 people.

The families hope that the names of their loved ones, which Tedros, Abraham and others risked their lives to record, will eventually be read out at a traditional funeral ceremony at the Maryam Dengelat church — rare closure in an ongoing conflict.

Three months after the massacre, the graves in Dengelat are a daily reminder of the bloodshed for the survivors who remain in the village. But it has not yet been safe enough to rebury the bodies of those who died, and that reality is weighing on them.

This story has been updated.

Edited by Nick Thompson. Editorial supervised by Dan Wright. Design and visual editing by Peter Robertson, Henrik Pettersson, Brett Roegiers, Sarah Tilotta, Temujin Doran and Lauren Cook.

CNN’s Jennifer Hansler contributed to this report from Washington, DC.



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Why did a crazed gunman take his own life in a remote upstate N.Y. town after a cross-country killing spree?

Nestled within the foothills of the Catskill Mountains rests the sleepy village of Roscoe, New York, one of the premiere fishing destinations in the country. Anglers from around the globe come here to explore its pristine waters, some in search of the elusive “two headed trout” of local legend.    

But recently, this bucolic setting has become the backdrop of a multistate manhunt for a cold-blooded killer, Roy Den Hollander, 72, whose cross-country killing spree ended on a dirt road just north of Roscoe’s Beaverkill River. 

“This is Trout Town USA,” says local stylist Brie Tallman, “things like this don’t happen here.”

Roy Den Hollander

Tallman recalls the melee that unfolded on July 20, 2020, as investigators from the FBI and New York State Police descended on the tiny hamlet after highway patrol located Den Hollander’s body along Ragin Road, dead from a self-inflicted gunshot wound to the head. Officials quickly identified him as the prime suspect in a deadly attack at the home of the Honorable Esther Salas, New Jersey’s first Latina federal judge.

“It was definitely something huge,” Tallman says. “We had a mystery going on that everyone was trying to solve.”

Investigators pieced together the timeline of what preceded the gruesome roadside scene in Roscoe, discovering that the now dead New York City attorney and self-described anti-feminist had begun his macabre expedition days earlier in the San Bernardino Mountains east of Los Angeles. On July 11, posing as a deliveryman, Den Hollander drove to the home of rival men’s rights lawyer, Marc Angelucci, and shot him dead on his front porch.

One week later, on the opposite side of the country, Den Hollander showed up at the New Jersey home of Judge Salas, who had presided over one of his many frivolous lawsuits against what he perceived as male gender discrimination. Again, posing as a deliveryman, he opened fire, killing Salas’s 20-year-old son, Daniel Anderl, and critically injuring Salas’s husband, attorney Mark Anderl.

CBS News correspondent Tracy Smith reported on this case for “48 Hours” in “The Deliveryman Murders.”

Law enforcement sources tell CBS News that Angelucci’s address, as well as a FedEx envelope addressed to Judge Salas, were found inside the killer’s car located in Roscoe. Investigators believe Den Hollander targeted Angelucci and Salas because of his perceived grievances against them both, and say a .380 caliber handgun located next to his body connects him to all three victims.

According to New York State Police Captain Brian Webster, investigators on scene said Roy Den Hollander’s death appeared to be a suicide. But when they looked in the car, they found a FedEx envelope addressed to Judge Esther Salas and an address to a residence in San Bernardino County, California. 

New York State Police


But it remains unclear why he chose the remote part of Upstate New York to end his life after destroying the lives of innocent others.

Writings posted on Den Hollander’s website reveal the Sullivan County spot is where his family spent summers during his childhood. In the 1950s, his parents purchased a plot of land along Ragin Road and built a cabin, only a few thousand feet from where he committed suicide.

“He knew it was a safe haven,” says Tallman. “It’s kind of the perfect place to hide, I think.”

As a lifelong resident of Roscoe, Eric Hamerstrom knew of Den Hollander as a young boy. “Back then, some of the kids here called him ‘Babyface.'” Like most children their age, they spent their summers swimming under the covered bridge.

“We would see him almost every day going down to the beach,” Hamerstrom says. “All I can imagine is that he must have had enjoyable times here as a kid.”

Den Hollander wrote that he and his older brother, Frank, would wander the woods with other young boys getting into mischief, and later, in their teens, chase girls.

“If you’re going to end your life, where are you going to go?” asks Les Mattis, who lives across from Den Hollander’s former cabin. “You’re not going to do it in the middle of New Jersey on some highway. Here you’ll be in a place where maybe as a kid you felt safe and at home.”

Standing along the banks of the Beaverkill River, it’s hard to imagine a more idyllic setting to grow up, and yet a manuscript written by Den Hollander and discovered by investigators, part memoir, part manifesto, didn’t detail nostalgia for simpler times. To the contrary, Den Hollander’s reflections on his childhood recounted a dark and tortured past that may explain his motivation for returning to the northern woods.

“He was an unusual and unstable person,” says FBI special agent Joe Denahan. “One of the themes that we saw was, he was very angry.”

“As his own words made clear, his motives, his unfulfilled desires, his unmet needs, had nothing to do with women,” says Joe Serio, who knew Den Hollander in Russia in the 1990s. “They had everything to do with his childhood, and everything to do with one particular woman: his mother.”

In Den Hollander’s rambling, 1,700-page self-published book titled “Stupid Frigging Fool,” he rants about his abject contempt for his mother, to whom the book is dedicated: “To Mother, May She Burn in Hell.”

“She didn’t love him or even like him,” says Serio. “According to him, she regretted him, and let him know it.”

“From the age of 5 or 6 until I was a teenager,” Den Hollander writes, “she often hollered at me that she should have listened to my father and never had me.” That vicious statement, he claims, was repeated throughout his childhood.

He recounts how his mother blamed him for all the ills in her life and claims that she even tried to poison him as a child. An examination of his writing reveals the wounds of a deeply traumatic childhood. So why then would he choose to return to the origins of such pain and suffering?

“If I were writing a novel about this story,” says Serio, “I would have his character return to the place he apparently hated most in order to thumb his nose at his mother, who so often did the same to him. Regardless of how discounted one might have felt in life, when there’s nowhere left to go, that symbol from early years — the home — may be the only place that harkens.”

It was revealed that in his final days, Den Hollander had been facing terminal cancer. Out of time and at the end of his rope, he ended his life with a bang, alone on the side of a dirt road, haunted by his memories and demons. Perhaps that is all he had left.  

“Death’s hand is on my left shoulder,” he wrote. “The only problem with a life lived too long is that a man ends up with so many enemies he can’t even the score with all of them.”

There is no publicly known evidence that Den Hollander harmed anyone else, but inside his car, investigators were unnerved to find a list of more than a dozen names, including several judges, whom authorities suspect were potential targets. 

“Thank goodness he didn’t come here to shoot more people,” says Mattis. “I was just glad that he had no scores to settle up here.” 

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