Well, most debt that makes money isn’t simply just paying interest. Here’s a meme to explain; What actually happens is that debt isn’t simple, its repackaged, clumped up, split up, and resold. Thanks to FIAT, being essentially Debt backed Dollars as currency, our system has long since given up on simple debts since 1970s. -And… Read More Most Debt isn’t simple
People who profit from the tanking of companies through hostile takeovers may want to take note. SO instead of investing in a company, using exploited proxy voting to get board seats, and then signing contract deal for superfluous consulting agents that add fees beyond the wa-zoo to tank a company over three quarters. Instead, Vulture… Read More New Meta for Vulture Capitalists
Reddit User u/StayPositive2024 contacted Trade Station to do some transfers of stock certificates. Source here. To Which TradeStation, as above, mentioned that the Certificates cannot be transferred due to being held by AST as some sort of holding Trust for their stock certificate. AST being the American Stock Transfer & Trust Company, a Transfer Agent… Read More TradeStation Hiccup during a Transfer Certificates Protocol
Hiring people for diversity should only really make sense if the diversity is leverageable to increase the quality of life (the culture) thus in term delivering a better product in a business. Or if the diverse background and experiences are actually delivering a better product in business through unique insights and skills (like a chemical… Read More ‘Diversity Hire’ is an insult
In one court proceeding, they claim absolute immunity and also say they’re not liable for not doing their job. A. Absolute Immunity First, FINRA first correctly notes that as a self-regulatory organization, i.e., the successor entity to NASD, it is absolutely immune from money damages for any acts or omissions related to its regulatory function. See… Read More FINRA is a bit audacious
This is a mere repost of a Letter addressed to the SEC, and a forum post, and a few other findings on Bancorp International Group that traded under the ticker BCIT. June 2, 2008 I am a shareholder of BCIT, Bancorp International Group,and after our stock was subject to criminal counterfeiting in 2005, and our… Read More Some Bancorp Dirt on Stock Plumbing and SEC and DTCC regulatory shenanigans
Three years ago, around about this time, a bunch of Brokers colluded to take away the buy button on a few particular stocks, but they left the sell button, creating a unilateral perception of controlled markets all for worries about their balance sheets and systemic risks. Free markets are an ideal, they’re dead Jim. Mainly,… Read More GME trianniversery
So I just heard this rule and I thought it was fucking brilliant. This applies to stock trading, but it also applies to life as well. As usual, I was in a Den of Degens and I gleamed this rule from a fellow, well, Degen; “If it’s screenshot worthy and Volatile, Pull Out” What’s great… Read More The Greatest Digital Stock Tip
As mentioned in previous posts about Corporate Proxy Voting is a Scam, Fishy Corporate Proxy Advisors, and Beneficial Owners don’t really have a proxy vote. As it turns out, the Proxy Intermediaries’ job isn’t to find out what votes are valid or if proxy voting is a fair election/voting system. No, Proxy Intermediaries have the… Read More Corporate Proxy voting is still a scam
So, this little chronicle dates back to the year 2022, during the Ongoing GameStop Fiasco there were a crowd of retail investors buying and holding shares of GameStop. There were a bunch of Hedgefunds and Wealth Management Firms that would bet State pensions on Shorting GameStop. Meaning there were degenerate gamblers trying to make money… Read More Wallstreet Media Blamed Retail Investors for Blowing Up Teacher’s Pension Funds