Mario Draghi presided over his final ECB meeting yesterday, with the central bank deciding to hold rates steady and let current stimulus measures play out for the time being. His departure (and the arrival of former IMF chief Christine Lagarde) coincides with a debate over his legacy at the bank—is he “savior of the Eurozone” or a creator of asset bubbles only encouraged by his “easy-money policies” – NYTimes and Bloomberg and WSJ

Here in the U.S., the Fed continued its efforts to shore up the repo market on Thursday, twice intervening by raising its minimum offerings for overnight repos to expand temporary liquidity – WSJ

And tipped its hand on its rate-cutting sequencing, too – Bloomberg

Former Nissan chief Carlos Ghosn’s latest defense ploy is making hay of Nissan’s refusal to share the “thousands of files” seized by Japanese prosecutors from the automaker with Ghosn’s lawyers.  Their challenge is now making its way to Japan’s top court in a country where prosecutors “enjoy broad discretionary powers over how they conduct their investigations” – NYTimes

Prime Minister Boris Johnson’s new Brexit gambit includes calling for a snap general election on December 12 to ensure his Brexit deal is passed. The catch? His Tory party doesn’t have a majority, so “he can’t unilaterally trigger a fresh election” – WSJ and Bloomberg

Add another billion in funds flowing out of Fisher funds in the weeks since billionaire money manager Kenneth Fisher’s “sexist and lewd remarks” at a financial services industry conference earlier this month – NYTimes and Bloomberg

Massachusetts has filed its own lawsuit against ExxonMobil based on allegations that the company “deceiv[ed] investors and consumers about climate change-related risks,” the culmination of a three-year MA AG investigation – Law360

In a major about-face, the White House appointed point person for revamping the federal student loan system “abruptly resigned on Thursday after calling for the government to wipe out most of the nation’s $1.6 trillion of student debt.” A. Wayne Johnson, a former First Data and Visa exec, said that from “an economic standpoint, it is absolutely the right thing to do” – Bloomberg and MarketWatch

US federal prosecutors have opened a probe into whether Arif Naqvi, the founder of the bankrupt PE firm Abraaj Group, “bribed senior politicians in Pakistan,” including former Prime Minister Nawaz Sharif – WSJ

SCOTUS pro Paul Clement will be defending the constitutionality of the CFPB’s structure when that issue comes before the High Court – Law360

The Journal walks us through the nitty gritty of WeWork’s fall from grace – WSJ

You probably don’t think of the Netherlands as prime earthquake territory.  And if so, you’re probably not accounting for the unintended consequences of natural gas drilling – NYTimes

Some helpful work by the Jimmys to take us into your Friday night – JKL

Have a great weekend.