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MozooZ @lemmy.whynotdrs.org
Posts 117
Comments 234
"Plan versus book" is a misnomer. "Plan versus DRS" is a more accurate term for the distinction
  • Yeah, it's pretty confusing - and one would think there would be a push to make it much easier to understand with language that didn't make it so confusing. The cynic may say the language and wording is purposefully misleading/confusing.

  • In case anyone isn't clear on why there are so many problems in the U.S. - read the first line of the disclaimer.

    0
    Fraudulent system.
  • For anyone just kinda happening across this post and not sure what's being talked about, this is related to the stock market.

    Basically, it's possible for large hedge funds to create and even sell "phantom" AKA counterfeit shares - and then when someone calls them on the fraud, they can just kinda say, "Whoops! Our bad! We're just going to reverse the whole deal and pretend it never happened. :)"

    There's more in-depth info at this website here - which isn't very pretty or expensive/professional by any means, but is well-sourced and straight-forward.

  • Fraudulent system.

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    No, the problem is not really "inflation."

    37

    Don't forget: this happened THIS year - largely spurred by Wall Street and CEO demand for profits, no matter the cost

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    The Most Splendid Housing Bubbles in America, December 2023 Update

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    They're organized - we should be, too. Time to form an AIG.

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    Buying a house

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    hey remember when the panama papers came out and revealed that all the rich people in the world are a part of enormous criminal conspiracy...?

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    Bill Ackman Surrenders in His Five-Year War Against Herbalife (2018)
  • If the bulls win, then GameStop continues to provide value to customers –– and potentially enters into emerging markets like NFTs (positive sum).

    I think it could be effectively argued that it's far, far, far bigger and important than merely that.

    On one hand we have truth, honesty, fairness, transparency, delight, and general good-will - the bulls.

    On the other hand, well... the opposite of all those ideas/concepts - the bears.

    Do the "good guys" always win? Well, no - not really. Nevertheless, the bulls really, really need to win at this point in time and history. The planet and all the people and other inhabitants on it, more so now than any other time in all of humankind - due to sheer population and power concentration and associated groupthink and associated incestuous ideation & leadership - need a sort of cataclysm and explosion of what the bulls represent.

  • GME Resistance Radio @lemmy.whynotdrs.org MozooZ @lemmy.whynotdrs.org

    Arcade Fire - Put Your Money On Me (Official Lyric Video)

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    GME Resistance Radio @lemmy.whynotdrs.org MozooZ @lemmy.whynotdrs.org

    Arcade Fire - Rebellion (Lies) (Official Remastered Video)

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    Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued"

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    Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued"

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    GameStop's language on directly registered shares - 9 quarters
  • These motherfuckers all throughout what we call "Wall Street" deserve to rot in prison. So fucking tired of this god damned bullshit.

    They've destroyed countless fucking lives across the world, while fostering, encouraging, and perpetuating untold amounts of pain and suffering.

  • Resolving the "phantom shares" menace AKA fake MFing shares

    1. Real fine$ for FTDs [NO "margin call" waivers at NSCC's whim]
    2. Mandatory Buy-In
    3. If Buy-In fails, raise offer$ until it closes
    4. Suspend & close accounts of brokers who FTD
    5. Create criminal law for BDs who harm #HouseholdInvestors
    6. Give power back to states @NASAA
    0

    How resolve the "phantom shares" menace aka fake f'ing shares

    1. Real fine$ for FTDs [NO "margin call" waivers at NSCC's whim]
    2. Mandatory Buy-In
    3. If Buy-In fails, raise offer$ until it closes
    4. Suspend & close accounts of brokers who FTD
    5. Create criminal law for BDs who harm #HouseholdInvestors
    6. Give power back to states @NASAA
    1

    Ken Griffin lied

    (if you don't have an X account, this is a silly photoshop of the GTA VI trailer with an airplane flying a banner that reads "KEN GRIFFIN LIED")

    It's true, though, ya know. Ken Griffin did -- in mother fucking fact -- lie to Congress and the American and World people.

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    SEC pattern

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    Not so smurt

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    The Secret Recordings of Carmen Segarra || An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks. But...

    www.thisamericanlife.org The Secret Recordings of Carmen Segarra - This American Life

    An unprecedented look inside one of the most powerful, secretive institutions in the country.

    The Secret Recordings of Carmen Segarra - This American Life

    This is really good and gives some major insight into the lax attitude around our financial institutions.

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    It's Time to Update the System

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    "It had previously occurred to me that the gypsy had taken the demise of his mother rather lightly."

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