SNB Has No Target for Franc Exchange Rate, Vice President Martin Schlegel Says
The Swiss National Bank has no target for the franc exchange rate, Vice President Martin Schlegel said less than a week after policymakers wrong-footed markets by cutting interest rates to stem the currency’s gains.
Rate cuts were a great idea and I'm sure you weren't struggling prior to these monetary policies.
UBS Banker’s Frustration Exposes Cracks in World of Climate Finance - Why UBS and not Blackrock?
The world’s biggest banks are quietly hanging on to carbon-intensive clients because of what they see as unrealistic demands from regulators and civil society — and the threat to their fees.
Related Reading:
Why Texas Is Banning Banks Over Their ESG Policies
Texas started a war against 'anti-fossil fuel' banks. It could cost taxpayers $22 billion.
UBS Banker’s Frustration Exposes Cracks in World of Climate Finance
The world’s biggest banks are quietly hanging on to carbon-intensive clients because of what they see as unrealistic demands from regulators and civil society — and the threat to their fees. By Alastair Marsh and Natasha White March 27, 2024 at 4:00 PM CDT
Judson Berkey didn’t hold back.
It was early February and the UBS Group AG banker had WebEx-dialed into a meeting held on the 17th floor of the Japanese Financial Services Agency’s building in the Kasumigaseki district of central Tokyo. The closed-door gathering with
Evidence from the criminal trial of Sam Bankman-Fried suggests fraud was built into FTX from the very beginning.
Evidence from the criminal trial of Sam Bankman-Fried suggests fraud was built into FTX from the very beginning.
By Zeke Faux and Max Chafkin March 27, 2024 at 4:00 PM CDT
Sometime between FTX’s collapse and Sam Bankman-Fried’s fraud conviction a year later, a consensus formed about the onetime boy genius of cryptocurrency: His wild, curly hair and beanbag chair naps at the office were largely for show, but his company FTX, which had been used by millions of people to buy and sell digital currencies, was the real deal. The crypto faithful see FTX as an almost-success story—if only its owner hadn’t taken customer money to cover side gambles. As the author Michael Lewis put it on 60 Minutes, “They actually had a great, real business.”
That idea has been bolstered by a twist in the FTX bankruptcy: When the company collapsed, $8 billion in customer funds had vanished, but the lawyers running it now say they expect to recover enough money to pay back everyone in full. Bankman-Fried
Lol
Excuse me? We don't do that here.
If you don't want true ownership, then that's your own fault when you get nothing at the end ;). You can sell directly out of CS without issue (as they have their own broker that they use), but TBCH, I'm fairly certain you already knew that.
Job Websites Need a "Report for incorrect information" Option
Job Websites Need a "Report for incorrect information" Option
Book-only was always the... plan 😎
HEY OP! I see you'd like to explore topic of BOOK & PLAN
I now see what Jersan was saying LOL.
Paying $6,368 for the obligation to buy it at 3.50 higher, what are these?
If we take anything past $127.50 at face value (you can't buy those), the max pain goes all the way up to $180.
I assume they're used as locates in some regard, but what does Citadel lose here?
Most of these odd strikes seem to have been first purchased between 11/7/21 and 11/14/21, any significance I'm missing?
Even without the mods, Reddit is internally censoring the platform regardless.
Idk what people really expect to happen if they trust Reddit + brokerages again..
🟣 Dismal Going Mask-Off For Christmas 🟣
Gee, if only there was a place to discuss without Reddit censorship/spam bots
If the post is real, I'm considering:
When this post is proven fake like the rest, I'm considering:
Edit: Updated the picture. Here is the original tweet URL: https://twitter.com/DismalJellyfish/status/1739414942908846197
Now that some believe me, What if a publicized DRS count of >76M actually breaks the math? What if ALL of the "Cede" quarters are actually hiding a massive increase in DRS?
A full year later, we have "yet" to break 76M again.
In this post here https://lemmy.whynotdrs.org/post/381421, we discussed how the numbers are likely much higher than are currently reported. This heavily implicates Cede/DTCC because every quarter requires fraudulent reporting (well played SEC).
But how much higher? We've been at 75M for exactly 4 quarters now. Estimates at the previous pace would have us over 130M shares DRSd at this point.
This would mean there are very few shares actually left out there. Roughly only 26M left to DRS before they truly start to panic from the math-breaking number. The DTCC definitely fucked up by thinking we couldn't buy the entire thing lol.
They warned you there would be FUD, this is it. Keep DRSing and eventually ComputerShare will stop selling to us like they said they would if there are no locates ;).
With that in mind, also don't forget the $149T bullet swap that hits instantly on December 15th. Since they opened that
No surprise from me that they're hiding the swaps. Fairly typical of the mods as of late lol..
For all of the new faces, welcome to Lemmy!
WASHINGTON—Explaining that the accounting tool would greatly help to keep track of the county’s finances and lower spending, Federal Reserve Chairman Jerome Powell reportedly downloaded a budgeting app Monday to help manage the nation’s economy. “In order to better oversee our $20 trillion GDP, I’ve...
I heard he had some difficulties with the app originally. Anybody know if he ever got around to solving any issues with that?
If you think $2.4B is fun, wait until you see the total value on all of the swaps 🥰
International Apes: What Does Your Country Do That's Equally As Stupid? ("Developed" is subjective w/ anywhere from 30-65 that are typically counted)
How long until we tackle the various conflicts of interest throughout our medical, financial, and legal systems?
Kelleher also provided an update on the bank's integration of its former rival, saying UBS had so far over-delivered, but that complexities lay ahead.
Although a number of European banks have been caught up in the crisis surrounding troubled property group Signa, which owns scores of high-profile projects and department stores, Kelleher said he is not worried about potential implications for UBS.
"That is one exposure that I'm not even concerned about."
Really glad to see Hester Peirce is still playing the "no I'm definitely not a hedge-fund-plant" card :)
Price is irrelevant.
76M * noSell > $18Q (Eighteen quadrillion forty one trillion three hundred fifty five billion three hundred eighty thousand)
So Apes have roughly 18 Quadrillion dollars worth of GME DRSd at the current moment.
The Hedge Funds gotta keep it a safe space after all.
If there are no adblocks that work on youtube chrome, you do have to wonder who they're targeting here w/ these 2 lines.
Would this particular line ever fire on a Chrome browser? No.
At the time of writing this the code is in "/jsbin/desktop_polymer_enable_wil_icons.vflset/desktop_polymer_enable_wil_icons.js" You can take a look for yourself and it is still there.
However if people take notice, I imagine they will need to..."refactor" the code.
I have archived the file for when they inevitably hide this line of code in a different file:
Google would sell you out in a heartbeat. Is your DRS email a Gmail? Do you also have your Computershare password saved into the Chrome Logins? Consider changing to a safer option (Firefox eg.)
Now that Google is officially throttling Youtube and other apps, remember that this company needs you on chrome so that they can track you. Youtube is throttling w/ this little guy (in the polymer script)
e.appendChild(h);h.classList.add("html5-main-video");setTimeout(function(){e.classList.add("ad-interrupting")},200); setTimeout(function(){c();a.resolve(1)},5E3);
If you can take my word for it, this is a 5 second timer on any browser that isn't Chrome. For no particular reason other than fuck you, use chrome
Consider Firefox w/ a User-Agent Changing Extension. At the bare minimum, use a password vault and 2FA on CS so you don't run the risk of large data "breaches" exposing your Computershare credentials.
Follow these steps to have the faster and safer option.
Top Right 3 Bars -> Settings -> Privacy -> Strict
And just below that, make sure you check "Always"
Dawn Of The Final Day - 24 Hours Remain
In light of the brigading to kill SuperStonk rumors, I present to you this dank meme of a black screen w/ some white text (and the scene that made me quit the game entirely until I retried it as an adult)
Related:
Relevant
Apologies, I've just nuked the old sub after the "Moving Servers" post had 3 months to cook!
Original Text (if you needed the text to crosspost it elsewhere):
This is the thing that baffles me. What we know is the DRS number on the quarterly reports was suddenly changed from the Computershare number to the Cede number. What we believe is that this was done due to pressure from the SEC. What would happen if a shareholder vote went through to publish both numbers side by side? I find I cannot predict the result. Does the SEC actually have the right to withhold auditing information from the shareholders? I doubt it.
Step-By-Step Guide to Buy a Senator
(A bundler is a person or small group of people who pool or aggregate contributions "from the community" and then deliver them in one lump sum to a political campaign).
1% vs the 99%
Is the uploading of images not working? Or does WHYNOTDRS have a size limit I'm not seeing?
CW: 18,000,000 Price Anchor that was pre-split ;)
Ignore the FUD :). "JP Morgan: Prepare For Rate SHOCK WAVE to Unwind Housing Market and Risk Assets"
Every day the markets somehow survive massive FuckAroundAndFindOuts, the more likely the infinity pool is ;)
Bring it to a fucking dollar hedgies, I dare you
The 2023 housing market is continuing to idle out, with inventory at record low levels, it’s a surprise that prices are basically flat (nationwide). We’re currently ~50% short on available supply compared to pre-2020, but what happens when supply begins to normalize, what would happen to home prices then? Make sure to watch the video to find out!
We also look at a new warning sent out by JP Morgan about the risk to the US economy, risk assets, and the real estate market. A new report they published directly compares the current economy to the run-up to the great financial crisis. Breaking it down in detail why subprime real estate is not the vulnerability in the market, but that does NOT mean there isn’t one. When you have banks tightening lending conditions like they’ve been, and the fastest rate hikes in history, with i
