The Brk.a trade trick was done in 2010. It took years to unravel what happened. Its happening again.

Its a fact that someone fat fingered the numbers yesterday on a trade that destroyed the sector for nearly an hour. Familiarize yourself with the 2010 Flash Crash. https://en.wikipedia.org/wiki/2010_flash_crash On April 21, 2015, nearly five years after the incident, the U.S. Department of Justice laid 22 criminal counts, including fraud and sector manipulation against Navinder … Read more

Libor is changing to SOFR, on December 31. Delayed from June 2021. Please don’t award, no karma farming, awareness only.

Hi everyone, Funny ELI5: Central banks and SHF: And we took these securities that are backed by LOANS that are backed by HOMES and use them to back NEW LOANS, and then repeat, what can possibly go wrong? Retail: So how does that exactly benefits us? Lol And then I started blasting…. So anyway. The … Read more