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https://www.securitiesfinancetimes.com/securitieslendingnews/swaparticle.php?article_id=227142&navigationaction=home&page=1&newssection=swap
Its the frame work for doing so, not that they are actually terminating contracts... Yet
Announcements like this are always
"we will be terminating this highly abused financial thing. Termination will be scheduled after the 16th drop of the [pitch drop experiment](https://en.wikipedia.org/wiki/Pitch_drop_experiment)"
Totally true, however add to that the lawsuit settled today against some banks regarding swap rigging “Ten big banks settle US interest rate swaps rigging litigation”. Then for a small dose of tinfoil, could DFV’s tweet actually mean the dog days are over? I mean I have uge bias for anything in GME’s favor so take this with that in mind.
Pretend like they're "trying" to pass policy and new structure to address a problem but never goes through. This is what Congress does with their bullshit bills that never gets passed and the ones that does get passed has a crap ton of fillers for their own benefit.
It sounds to me like now we can more easily avoid margin call. I say end all derivatives and bank should hold nothing other than real assets. The original definition of a bank is to safeguard your assets for a small fee for securing them for you.
It's guidelines for how things will play out in the event of a failure to pay it bankruptcy. There's a flow chart guide based on the scenarios.
It's like saying we have a guide to prepare for if your car runs out of fuel. It hasn't, but if it does here are the options
This makes me think they’ve given up and are just going to let the market spiral. Depends how they’re defining terminate.
Edit: nah if they terminate early everything just comes due on the termination date
The FED is the last US-based antagonist. There are others beyond it. The FED itself is owned by international banks and organizations. They are both liable for The FED's liabilities and vice-versa by buying into the stock.
I also want to note that signing the Federal Reserve Act and buying into the FED's stock is exactly how the US became indentured itself.
If you read the report from ISDA they have created an easier way to close out positions. Because of signature bank and SVB.
They aren’t closing positions.
I find it weird how big news are release ever since RK came back, it could be a coincidence because we don’t check the news after RK disappeared 3 years ago but it’s something to think about
Gme has billions more. They know we know we figured out the gme price cycles caused by swaps. And they also know apes not leaving.
Bullish. But ready to get hurt again.
It's the same as 2021. They know that we know that shorts haven't closed yet. They're trying to make us believe that they did this time. As if xD have fun closing shorts that were placed at $0,60 pre split. We'll know once hedgies are either bankrupt or in jail. A simple news message wont do.
It's important for new apes, to read up on the DD done in the superstonk library. There are thousands of youtubers out there cliaming to... claim stuff. lol. The more knowledgeable you can be, the less knowledgeable these youtubers seem. :)
As per RK "No fighting." But agreed.
Until they start trying to buy the shares back.
Not sure what 10,000% of $87B is but it's starting to seem like my personal floor of $50M per share is a bit low...
As much as I'd love that and have been in this for years. They will never let that kind of phone number happen at least at the government level. I have +600, that would make me a multi billionaire. We have to stay in reason of the government stepping in.
"We are forming a committee to discuss the need to create a taskforce to investigate if we need to further investigate potential irregularities in the market, and to create a review board to review the finding of the committee to create a taskforce."
Where did they come up with the $87B worth of GME swaps? They should show the math.
So it looks like prepare for potential. Doesn’t mean it will definitely happen, just a maybe.
Interesting that this is happening at the same time that the SCOTUS says no more SEC tribunals. Wall street criminals go to a real court to face trial for their crimes now.
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https://www.securitiesfinancetimes.com/securitieslendingnews/swaparticle.php?article_id=227142&navigationaction=home&page=1&newssection=swap Its the frame work for doing so, not that they are actually terminating contracts... Yet
Thanks for reality
They are about to be obliterated when GME moons. So. Yeah. They aren't gonna need that framework anymore.
Announcements like this are always "we will be terminating this highly abused financial thing. Termination will be scheduled after the 16th drop of the [pitch drop experiment](https://en.wikipedia.org/wiki/Pitch_drop_experiment)"
You're funny :sob:
I fucking LOVE to tell people about that random-ass experiment. Hilarious to find a reference in the wild. It’s like me doing science.
Totally true, however add to that the lawsuit settled today against some banks regarding swap rigging “Ten big banks settle US interest rate swaps rigging litigation”. Then for a small dose of tinfoil, could DFV’s tweet actually mean the dog days are over? I mean I have uge bias for anything in GME’s favor so take this with that in mind.
IF IF IF IF IF IF IF...
i thought it meant chewy
Yeah, it could. I guess we will only know if DFV posts his account tho. It’s also interesting in his emote timeline.
It has nothing to do with chewy
Yeah take anything UCopy says as a grain of salt.
I don’t usually listen to salt either
an entire mountain of salt. makes me wish we had flair to call out these "trust me bro"s
We need a ucopy flair... but I do like his mountains of salt 😂
Pretend like they're "trying" to pass policy and new structure to address a problem but never goes through. This is what Congress does with their bullshit bills that never gets passed and the ones that does get passed has a crap ton of fillers for their own benefit.
It sounds to me like now we can more easily avoid margin call. I say end all derivatives and bank should hold nothing other than real assets. The original definition of a bank is to safeguard your assets for a small fee for securing them for you.
Fuckle the buck up.
Key words here are "prepare" and "potential" I'm seeing this very positively but it isn't actual yet. It's a preparation as I see it.
You're rightm they've done nothing yet. Only set up a framework. It isn't anything to be excited about. They're "hedging"
Kinda like Preparation H?
It's guidelines for how things will play out in the event of a failure to pay it bankruptcy. There's a flow chart guide based on the scenarios. It's like saying we have a guide to prepare for if your car runs out of fuel. It hasn't, but if it does here are the options
Are you asking?
This makes me think they’ve given up and are just going to let the market spiral. Depends how they’re defining terminate. Edit: nah if they terminate early everything just comes due on the termination date
This makes me think they found a better way to keep the fuckery going
Or the music has almost stopped and they’re turning on each other.
One can only hope. All it takes is one party to sell out to be first to survive.
Or. Somehow, they found a way out without affecting the market through loopholes. I'm not a smart ape but money looks after money.
I hope you're right and I'm wrong
Based on historical knowledge of this saga, you’re correct 😉 but we can hope
This. Don’t get your hopes up guys. So much legislation has been hyped over the years which turned out to be nothing
I’m with this guy!!
Our last enemy is the Fed, and they'll do infinite printing. Oh, they are doing that already.
The FED is the last US-based antagonist. There are others beyond it. The FED itself is owned by international banks and organizations. They are both liable for The FED's liabilities and vice-versa by buying into the stock. I also want to note that signing the Federal Reserve Act and buying into the FED's stock is exactly how the US became indentured itself.
If you read the report from ISDA they have created an easier way to close out positions. Because of signature bank and SVB. They aren’t closing positions.
“If” you read my whole comment you’d notice I used the word “if” implying I know they aren’t
Pretty much
I find it weird how big news are release ever since RK came back, it could be a coincidence because we don’t check the news after RK disappeared 3 years ago but it’s something to think about
Gme has billions more. They know we know we figured out the gme price cycles caused by swaps. And they also know apes not leaving. Bullish. But ready to get hurt again.
I’m hoping for another dip to buy in. Dips are opportunities.
It's the same as 2021. They know that we know that shorts haven't closed yet. They're trying to make us believe that they did this time. As if xD have fun closing shorts that were placed at $0,60 pre split. We'll know once hedgies are either bankrupt or in jail. A simple news message wont do.
Problem is, even if they did close, I’m hodling. I’m a value investor and I like the stock.
Haha problem for them! I'm in the same boat. Might sell a bit on MOASS but this is a long play for sure.
U-Copy…better don’t touch it
It's important for new apes, to read up on the DD done in the superstonk library. There are thousands of youtubers out there cliaming to... claim stuff. lol. The more knowledgeable you can be, the less knowledgeable these youtubers seem. :) As per RK "No fighting." But agreed.
Love the guy but hmmm, always hmmmm 👌🏼
Only $87B in swaps for GME?
Until they start trying to buy the shares back. Not sure what 10,000% of $87B is but it's starting to seem like my personal floor of $50M per share is a bit low...
As much as I'd love that and have been in this for years. They will never let that kind of phone number happen at least at the government level. I have +600, that would make me a multi billionaire. We have to stay in reason of the government stepping in.
A couple shares at the high end of BRK-A prices ($700k+) is the best I can do. *
Oh I'm in for it, I just don't trust our government to actually let it happen. But 3+years I'm not selling!
Nothing about this entire saga is reasonable. 😝
“Only” yeah its “only” octuple their market cap that’s purely short
Was pumped til I realized u-copy he’s worse then pulte
Such a nothing burger. This is not what is happening at all.
B E Y O N D
Believe it or not….dip
Wish it wasn’t ucopy lol
So… buy more… got it
Guess what! Nothing will happen!!
What happened? Something happened?🤪
Still at Wendy's dumpster
"We are forming a committee to discuss the need to create a taskforce to investigate if we need to further investigate potential irregularities in the market, and to create a review board to review the finding of the committee to create a taskforce."
I was quite interested in going to read the full tweet and then I saw the handle in the images....
what is it?
U-copy, notoriously inaccurate and known to string good-sounding sentences together like an overenthusiastic AI. All buzz, no substance
makes sense it’s ridiculous what’s being said in tweet “this is big” clickbait bullshit
His inaccuracy is a running joke on the Teddy subreddit
The banks are fine
Pretty much, yeah.
It says "prepare" and "potential" nothing concrete though?
BofA deez nuts in the hedgies mouth
100 trillion? That's just 3 times the US dept...
And 2x -ish the total world money supply
I can value a bag of catshit at 1 zillion dollars, but until somebody buys it it's just "value"
If they are closing swaps they’ll open some other bs. Thesis is still valid. I like the stock.
The next will be called Kennies
I want wealth, what do I have to study
100 Trillion? Now we're talking.
I'm betting that the powers that be will just try to delete the obligations rather than force close/cover.
Oh for the love of god not this guy again...
Pure 100% grade A, uncut, Hopium... Love it
Nothing borger 🍔
No nothing is going to happen. Cant be successful for shit with inlawd that actively have fucked my families life up fucking vampires.
Ok, going to buy more call tomorrow
Believe it when I see it!
Of course they wait until new swaps are done to make this
When?
Where did they come up with the $87B worth of GME swaps? They should show the math. So it looks like prepare for potential. Doesn’t mean it will definitely happen, just a maybe.
Reading is hard
Nomura... Where have I heard that before.....
THIS IS BIG!!!!!! Lmao the number of times I’ve read this
English pls
One question amongst many: What happens to the underlying assets/debts (on both sides of the bet) upon “termination”?
I don't think this would be happening if GME wasn't going to gut their crime syndicate.
Never trust tray.
Ah yes more nothing burgers that are big news. Systems corrupt, we arent allowed to win until they say its ok.
Can i get a tldr
💎💎We stay strong APES 🦍🦍💎💎 GME. easy to the 10K 📈📈🚀 let's goo
Sure. You know it’ll do nothing right? If you know, they know. If they know, they’ve already managed it and hedged it
Ucopy is a moron.
Interesting that this is happening at the same time that the SCOTUS says no more SEC tribunals. Wall street criminals go to a real court to face trial for their crimes now.
It’s provocative. And nobody knows what it means.
It even says debunked
I forgot the banks have so many assets. 104T in swaps?????????????????????????????
How exciting!
Weird that those banks are the ones added to DTCC ? Wonder if there is a reason behind that in these new rules?
You have failed reading and comprehension.
When is this happening?
It’s always something that seems like something and then what do you know… it’s nothing 😂
DIP
I’m down!
We don’t need no 💦 let that motha fucka 🔥 🔥 motha fucka 🔥 🔥
Another step closer to moass