Patrick Byrne has an interesting tale to tell about naked short selling and collusion with named tv personalities on financial networks. He was the CEO of Overstock. He has quite the memory.
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They just won their case. the hedge funds sued them for giving out a bitcoin for a dividend (which screws the hedge funds) and their case just settled in the last few weeks. Opens up the option for other companies to screw the naked shorters that way.Patrick Byrne has an interesting tale to tell about naked short selling and collusion with named tv personalities on financial networks. He was the CEO of Overstock. He has quite the memory.
Reverse repos at $1.6 trillion today. How high can it go?
Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations
Graph and download economic data for Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations (RRPONTSYD) from 2003-02-07 to 2024-03-01 about reverse repos, overnight, trade, securities, Treasury, sales, and USA.fred.stlouisfed.org
Dr Burry getting subpoena'd (the "Big Short" Dr Burry) after tweeting about how 2008 is going to look like a joke soon
May be nothing or may be a "correction" coming that will make TP shortage days look like a walk in the park.
Weird that Ken Griffin (owns Citadel) left the country yesterday and his plane is somewhere in Spain. It was last seen descending no where near an airport. Probably has a Bond-villain base nearby.Burry got extremely lucky. He burned almost every single dollar he and his investors had before he luckily hit the jackpot. Citidel and Robinhood executives should be hung. As for the celing/limit/budget we will once again kick the can down the road and the cliff will get steeper and taller. When it happens ya better hold on gonna be ugly, really ugly imo.
The RRP are always higher the last day of the month. Got to cook those monthly reports.Only 1.385 trillion in RRP today.
The RRP are always higher the last day of the month. Got to cook those monthly reports.