Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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The Dollar Endgame Part 2.5- The Derivatives Monster | Peruvian Bull
https://www.youtube.com/watch?v=0WarjNUN3tk
That is so confusing and explains how they have been manipulating and playing with this stuff all along. I thought stocks were offered so people could buy a percentage into your company so you could use their money to help better your company and when/if they got ready to part with their stocks it would be valued at the percentage of what the company is then worth. Instead they are beating against the odds, shorting and etc
The problem with stocks also is that if the executives do something that will knowingly bring the stock price down, they are liable to be sued.
So if Blackrock/Vanguard buy up largest share in a company, they can use the threat of selling the shares in order to blackmail executives into doing what they want. This regulation has become a means to control.
This is how all your companies can go woke as well along with being offered ESG loan benefits for being the wokest and most backward.