dChan
Anonymous ID: 1778f7 Feb. 6, 2021, 10:06 a.m. No.53598   🗄️.is đź”—kun   >>3608 >>3648 >>3678 >>3689

Tens of thousands protest Myanmar coup despite internet ban

 

Tens of thousands of people took to the streets of Myanmar’s cities on Saturday to denounce this week’s coup and demand the release of elected leader Aung San Suu Kyi despite a blockade on the internet by the junta. In an upwelling of anger in the country’s largest city, Yangon, protesters chanted, “Military dictator, fail, fail; Democracy, win, win” and held banners reading “Against military dictatorship”. Bystanders offered them food and water. Late in the evening, a rumour of Suu Kyi’s release - quickly denied by her lawyer - triggered noisy street celebrations.

 

Cheering and letting off firecrackers, residents said the message was shared by the military-run media Myawaddy. But Suu Kyi’s lawyer Khin Maung Zaw denied that the 75-year-old leader had been freed and told Reuters she was still in detention. Suu Kyi’s National League for Democracy (NLD) won Nov. 8 elections in a landslide, a result the generals have refused to recognise, claiming fraud.

 

Earlier, thousands marched on Yangon’s City Hall. Drivers honked horns and leaned out of their cars and raised the three-finger salute, a gesture returned by protesters. Some of them held up NLD flags or pictures of Suu Kyi and clapped and danced. By evening, the protesters had mostly dispersed. But for a fifth night, a cacophony rose in the darkness as people banged on pots, pans and drums in a show of resistance even as power cuts affected many districts of the city.

 

Thousands more took to the streets in Myanmar’s second city Mandalay and its military-built capital Naypyidaw, home to the nation’s government servants, where demonstrators chanted anti-coup slogans and called for Suu Kyi’s release.

 

The protests built despite a blockade of the internet imposed after demonstrators first began to gather. All day, the state-run broadcaster MRTV showed scenes praising the military. Monitoring group NetBlocks Internet Observatory reported a “national-scale internet blackout”, saying on Twitter that connectivity had fallen to 16% of usual levels.

 

The junta did not respond to requests for comment. It extended a social media crackdown to Twitter and Instagram after seeking to silence dissent by blocking Facebook, which counts half of the population as users.

https://www.reuters.com/article/myanmar-politics-int/myanmar-generals-shut-down-internet-as-thousands-protest-coup-idUSKBN2A52DK

Anonymous ID: 1778f7 Feb. 6, 2021, 10:41 a.m. No.53609   🗄️.is đź”—kun   >>3610 >>3648 >>3678 >>3689

>>53607

It's getting up there with the other bulk sales.

Started in Sept 2016- hey wonder wut he knew kek!

Announced earlier as sales for the "charity" he has with handler/wife.

Chan Zuckerberg Initiative

https://chanzuckerberg.com/

https://www.secform4.com/insider-trading/1548760.htm

Anonymous ID: 1778f7 Feb. 6, 2021, 10:59 a.m. No.53611   🗄️.is đź”—kun   >>3648 >>3678 >>3689

BH303 and 304 US Navy P-3 Orion(s) off shore from NAS Pt. Mugu

 

Uniquely suited as the world’s premier multi-mission maritime long-endurance aircraft, the P-3 performs air, surface and subsurface patrol and reconnaissance tasks over extended periods and far from support facilities. Recently, the P-3 provided support for Operation Unified Assistance in Southeast Asia, Hurricane Katrina, Operation Atalanta in the Gulf of Aden, and the BP Horizon oil rig disaster in the U.S. No other aircraft is better suited for these missions, and Lockheed Martin’s P-3 Mid-Life Upgrade Program will help ensure the P-3 is mission ready for decades to come.

 

The P-3 can be outfitted with a variety of sophisticated detection equipment to improve operations on all missions:

-Infrared and long-range electro-optical cameras plus special imaging radar allow P-3s to monitor activity from a comfortable distance

-Four powerful Allison T56-A-14 engines, and its ability to stay aloft for extremely long periods, support high-altitude reconnaissance and low-altitude pursuits

-A large internal weapons bay and ten external weapons hardpoints enable the P-3 to carry a variety of weapons

https://www.lockheedmartin.com/en-us/products/p-3.html

Anonymous ID: 1778f7 Feb. 6, 2021, 1:17 p.m. No.53640   🗄️.is đź”—kun   >>3648 >>3678 >>3689

rules for thee

BofA Divided as Bankers Cry Foul Over Special Bonus Treatment

 

Anger is building in the senior ranks at Bank of America Corp. after the company waived an unpopular new bonus policy for top traders and dealmakers while keeping the plan in place for other employees.

 

At issue is a grant of company stock that high earners generally those making $1 million or more received for the first time as part of their 2020 compensation. Instead of vesting in equal parts over a set period, as such awards typically do, these bonuses have a “cliff vest” provision making the shares eligible for sale only at the end of four years.

 

People familiar with the situation described an internal drama unfolding over the past couple of weeks.

 

Initially, the bank planned to apply the new pay structure broadly. But veterans in investment banking and trading revolted upon hearing they’d have to stay through 2024 to reap bonuses for 2020, and management agreed to exempt them.

 

Chief Executive Officer Brian Moynihan acknowledged the blowback in a Jan. 27 interview on Bloomberg Television, saying the change in policy “didn’t work the way some people wanted it to, so we fixed it.”

 

Yet senior colleagues in corporate and commercial banking, a less powerful cohort, soon learned that their awards are still subject to the vesting restrictions. That’s when the grousing began, the people said. In recent days, employees have been gathering on calls to vent frustrations and discuss options. The decision touched a raw nerve. Bank of America is torn by long-simmering jealousies and divisions among its staff of more than 200,000, many dating back to the shotgun marriage with Merrill Lynch in the 2008 financial crisis. An uneven approach to compensation risks exacerbating those strains at a time when most of the company is working from home and collaboration is at a premium.

 

While compensation on Wall Street is always a balancing act, the circumstances were unusually tricky for Moynihan. Many traders and bankers had a great year, thriving as markets swung, and they expected to be rewarded. But Bank of America tripled its provisions for credit losses to more than $11 billion, anticipating that borrowers battered by the pandemic may default. Net income for the year plunged 35%.“You’ve got to pay for performance, and the shareholder has to benefit, too,” Moynihan said in the interview.

 

Wall Street has been mostly conservative with 2020 remuneration. JPMorgan Chase & Co. and Goldman Sachs Group Inc. held compensation per employee in check, and Citigroup Inc. cut bonuses for dozens of top executives after the bank was reprimanded by regulators. Throughout, Bank of America reduced cash payouts and lengthened the vesting periods for normal stock awards. Without the new bonuses, many executives would have faced pay cuts, according to the people. In the interview, Moynihan said the company would be divvying up a total of $10 billion to $11 billion of incentive compensation for 2020. Investment bankers and traders typically get a greater share of their pay in equity than employees elsewhere in the company. “Our bonus pools are down year-over-year, yet some teammates made more money and some made less money,” Moynihan said.

DERP!!!!

 

The cliff-vest provision is especially problematic for long-serving executives in corporate and commercial banking who expected to qualify for what’s known internally as the “rule of 60.” Previously, Bank of America let staff retire with all deferred pay so long as their age plus a minimum of 10 years served at the company equaled 60. That treasured perquisite now excludes the new bonuses. Exacerbating those frustrations, the people said, is the decision to exempt investment bankers from the vesting restrictions, seen as a golden handcuff, but enforce them for corporate bankers. Both groups are part of the same division global corporate and investment banking run by Matthew Koder. Such resentments have divided big banks for years. Throughout the industry, rainmakers who land multibillion-dollar merger mandates or big-ticket corporate financings are lionized and can pull down eight-figure pay packages. Meantime, traditional bankers responsible for lower-margin activities such as lending or cash management earn less and feel like second-class citizens.

 

Bank of America’s powerful chief operating officer, Tom Montag, who joined with the Merrill acquisition, is widely seen as loyal to traders and investment bankers. Some veterans in commercial banking feel they’re being punished unfairly for the pandemic, a calamity beyond their control, the people familiar with the situation said.

https://www.bnnbloomberg.ca/bofa-divided-as-bankers-cry-foul-over-special-bonus-treatment-1.1559947