tyb
ZONK68 USAFSOC C-32B east from Travis AFB ground stop-depart of Oahu last night.
looks like it is headed to McGuire AFB, NJ
Fed eyes trouble in commercial real estate, corporate debt in 2021 stress tests
The U.S. Federal Reserve on Friday unveiled the hypothetical recession it plans to test large banks against in its 2021 stress tests, which includes “substantial stress” in the commercial real estate and corporate debt markets.
The scenarios also envision a global recession where U.S. unemployment jumps to 10.75%, economic growth falls by 4%, and the stock market sheds 55% of its value. Nineteen of the nation’s largest banks will be subject to this year’s test, with results published sometime in the summer.
“The banking sector has provided critical support to the economic recovery over the past year. Although uncertainty remains, this stress test will give the public additional information on its resilience,” Vice Chair for Supervision Randal K. Quarles said in a statement.
The 2021 test will mark a return to normalcy for the Fed, which resorted to testing banks twice last year after it became clear the economic impact from the coronavirus pandemic had actually exceeded the severe downturn envisioned by the Fed’s original test.
But after both tests, the Fed said that it found the largest banks remained well-capitalized despite severe downturns, and in December it relaxed restrictions on capital payouts like stock buybacks.
The upcoming test will apply to 19 of the nation’s largest banks, although smaller firms that are now tested on a two-year cycle could opt into this year’s test if they so choose. Ten of the banks with the largest trading operations will also be tested against a hypothetical global market shock, while 12 of the firms with significant trading or processing operations will also be tested against the failure of their largest counterparty to test their resilience
https://www.reuters.com/article/usa-fed-stresstests/update-1-fed-eyes-trouble-in-commercial-real-estate-corporate-debt-in-2021-stress-tests-idUSL1N2KI0ZN
MAGMA50 USAF Wolfhound C-146A ne from Algers, Algeria
Algerian AF 7TVPG G5 sw from Berlin-Schonefeld Airport ground stop and back to Algers
Option Care Health sold by Madison Dearborn Partners: $319.12m-Dec 10,2020-reported today
Option Care Health, Inc., formerly BioScrip, Inc., incorporated on March 22, 1996, provides home and alternate site infusion services in the United States. The Company provides a range of infusion therapies to patients. It provides care for patients with acute and chronic conditions. Its therapeutic services include anti-infective, Option Care Women’s health, bleeding disorders, heart failure, immunoglobulin, nutrition support, chronic inflammatory disorders and specialized therapies. Its other services include hemophilia care, transplant and pediatrics. Number of employees : 5 903 people.
https://www.marketscreener.com/quote/stock/OPTION-CARE-HEALTH-INC-63733209/company/
Madison Dearborn Partners (MDP) is an American private equity firm specializing in leveraged buyouts of privately held or publicly traded companies, or divisions of larger companies; recapitalizations of family-owned or closely held companies; balance sheet restructurings; acquisition financings; and growth capital investments in mature companies. MDP operates using an industry-focused investment approach and focuses on the following sectors: basic industries, business & government software and services, financial & transaction services, health care, and TMT services. Since the founders established MDP as an independent firm in 1992, the firm has raised seven funds with aggregate capital of approximately $23 billion, and has completed investments in more than 130 companies.
https://en.wikipedia.org/wiki/Madison_Dearborn_Partners
Paul Finnegan is co-CEO of MDP. Prior to co-founding MDP, Paul was with First Chicago Venture Capital for ten years. He is Treasurer of Harvard University, a member of the Harvard Corporation and Chair of the Harvard Management Company. Paul is a past member of the Board of Overseers and a past President of the Harvard Alumni Association. Paul is currently a member of the Board of Dean’s Advisors at the Harvard Business School. He also serves on the Investment Committee of Bowdoin College. He is the past Chairman and a current board member of Teach For America in Chicago and past Treasurer of Teach For America’s National Board. Paul currently serves on the Boards of Directors of AIA Corporation, CDW Corporation, Government Sourcing Solutions LLC and the Chicago Council on Global Affairs.
https://www.mdcp.com/team/paul-j-finnegan
John Canning is Chairman of MDP. Prior to co-founding MDP, he spent 24 years with First Chicago Corporation, most recently as Executive Vice President of The First National Bank of Chicago and President of First Chicago Venture Capital. He currently serves on the Board of Directors of Milwaukee Brewers Baseball Club and is a Life Trustee of Northwestern University. Mr. Canning is Co-Chairman of the Big Shoulders Fund, a Director and Chairman of Northwestern Memorial HealthCare, a Trustee and former Chairman of the Museum of Science and Industry, former Director and Chairman of The Economic Club of Chicago, former Chairman of The Chicago Community Trust, a Life Trustee and former Chairman of The Field Museum, Director Emeritus of Corning Incorporated and former Director and Chairman of the Federal Reserve Bank of Chicago. He also serves on the Smithsonian's National Zoo and Conservation Biology Institute Advisory Board.
https://www.mdcp.com/team/john-a-canning-jr
https://www.finviz.com/insidertrading.ashx?oc=1181100&tc=7&b=2
Florida consumers 'flabbergasted' as property insurers push for double-digit rate hikes
Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. The rate increases in Florida, the third-largest property insurance market among U.S. states, are the highest in memory, according to some insurance agents and residents. One danger, they say, is that the new rates could make owning a home in Florida unaffordable.
“I was flabbergasted,” said Karlos Horn, a 35-year-old law student who owns a four-bedroom, single-family home in Hendry County, Florida. He said his premium doubled to $200 per month last August. That is equivalent to half of his $400 mortgage payment and the largest increase in his five years as an owner.
Florida’s property insurance market, which collected $56.6 billion in premiums during 2019, is unique and covers complex risks including devastating hurricanes and the impact of climate change. Many insurers left the state after suffering big losses from hurricanes Katrina and Wilma in 2005, leaving about 60 small and mid-sized firms underwriting property policies there today. Although there were no major weather events last year, some insurers are still grappling with claims from Hurricane Irma in 2017, said Logan McFaddin, an American Property Casualty Insurance Association executive who specializes in Florida.
They are also facing what McFaddin described as “out of control” litigation in Florida, partly because of a law that can require insurers to pay attorneys “excessive fees” in those cases. The practice has spurred a cottage industry of contractors and lawyers who sue insurers to replace a whole roof when only a few tiles are damaged, insurers say. Other less dramatic problems, such as leaky pipes, happen at an “abnormally high” frequency in Florida, often causing severe damage, including mold, consistently gnawing at profits, said Charles Williamson, chief executive officer of Vault, a Florida-based insurance exchange for wealthy individuals.
Insurers are also passing along to consumers the cost of hefty rate hikes for their own coverage, known as reinsurance, which kicks in after insurers pay a set amount of claims.
https://www.reuters.com/article/usa-insurance-florida/corrected-florida-consumers-flabbergasted-as-property-insurers-push-for-double-digit-rate-hikes-idUSL1N2K025L
ZONK78 USAFSOC C-32B on final approach at McGuire AFB
BOE Imposes Tougher Rule on Banks in First Post-Brexit Proposal
The Bank of England used its first major regulatory proposal since the end of the Brexit transition period to impose a tougher rule on British banks than they would face if the U.K. was still part of the bloc.
The central bank’s Prudential Regulation Authority said it won’t allow lenders in the country to get a capital benefit from their investments in software technology. The decision contrasts with a move by the European Union last year to allow its lenders, including Deutsche Bank AG, to get a break on capital worth up to 20 billion euros ($24 billion). The PRA argued that the EU’s approach would threaten the safety of British banks because it would leave them with fewer resources to absorb losses on loans or trades that go bad. The five largest U.K. banks had more than 10 billion pounds ($14 billion) in software assets in 2019, according to Deloitte.
The BOE’s decision was included in a wide-ranging regulatory proposal on Friday that implements international capital and liquidity standards. The central bank also said that it would complete a review of restrictions on bank leverage by the middle of the year. The proposal supports statements by Governor Andrew Bailey that diverging from EU standards after Brexit isn’t a matter of rolling back regulations. The EU has held back on granting easy access to London markets, with the European commissioner for financial services saying that the bloc must scrutinize the U.K.’s regulatory plans in case they water down standards.
https://www.bnnbloomberg.ca/boe-imposes-tougher-rule-on-banks-in-first-post-brexit-proposal-1.1562964
Too bad they never enforce any of these "rules"
GTMO844 US Navy Beech Huron appears off Bahamas heading nw to NAS Jax
3 P-8's 169563 off Space Coast 168856 at MacDill AFB 169330 south over central FL
VVLT621 P-3 orion se from NAS Jax
US Coast Guard Casa HC 144 off Miami heading back to Opa Locka Exec Airport
AE6881 US Navy P-8 Poseiden off SoCal at low altitude on the track from NAS Whidbey Island
the same play over and over
the name we don't mention playing hall monitor
It's on a slow boil at present.
It'll pick up
at least there was not a lobster option.
fuggen nephews pulled that shit on me all the time.
don't know for sure if them but the "normal" script being run nao with the 'baker I.D. is" ….bullshit.
SWISS AF SUI024 Challenger sw from Moscow ground stop and back to Zurich
oh I did
they still tried it
Basic rule when out with frens or someone else paying
Don't order the most expensive thing
KB does own thing and always has
respect for that.
methinks there was another reason for continuing over there but not gonna expand on that in public.
KB intelligent so I'll leave i at that.
>>56715 pb
SAM635 USAF C-32A with a go around at Monterey Regional Airport before touching down
This AC has done go arounds at Sacramento Int'l prior to touching down-on 0126-several in fact-cap #2
This did not habben prior to Jan 20th under a SAM call sign as those activities were usually part of cert flight(s) and/or crew changes and transfers-under VENUS call signs
Some tankers west..
58-0084 and 58-0074 USAF KC-135 tankers west from Pittsburgh Int'l
MASH71 and INDY73 USAF KC-135 tankers also west from Kokomo, IN-Grissom ARB
AE67FA US Navy P-8 Poseiden west in south china sea
doing some Naval shit with Iran, Russia in Indian ocean I saw too
Why not?!
Mexican president: 'Not true' that borders are 'open' in Biden administration
Mexican President Andres Manuel Lopez Obrador cautioned residents of his country that the border isn't yet "open" for unhindered migration into the United States during the Biden administration.
“Now, for example, that there is a U.S. immigration policy to regularize the situation of migrants, Mexicans, and our Central American brothers, people think that now, the doors are open, that President Biden is going to immediately regularize all migrants,” Lopez Obrador said on Thursday. “It is not true that everyone can go now to the United States and they will be regularized. That has not been defined yet. Our brother migrants should have this information so that they won’t be deceived by human traffickers, who paint a rosy picture.”
Biden has vowed repeatedly that he would roll back Trump-era policies designed to curb illegal immigration. Earlier on Friday, the Department of Homeland Security announced thousands of migrants waiting in Mexico to be granted asylum in the U.S. as part of former President Donald Trump's "remain in Mexico" policy will be allowed to enter for processing beginning on Feb. 19. DHS Secretary Alejandro Mayorkas, who cautioned the move "should not be interpreted as an opening for people to migrate irregularly to the United States," celebrated the change in protocol as evidence of the federal government's commitment to building a "safe, orderly, and humane" immigration system.
The administration has also terminated existing agreements with the Central American nations as part of its reversal of Trump's border policies. On Feb. 6, Biden terminated asylum agreements with El Salvador, Guatemala, and Honduras. The accords allowed the U.S. to "remove certain eligible migrants seeking humanitarian protection" and more effectively combat "criminal organizations and gangs, migrant smuggling, drug trafficking, and human trafficking."
Secretary of State Antony Blinken announced the termination of the trio of agreements and insisted the move would constitute the "first concrete steps on the path to greater partnership and collaboration in the region." Blinken echoed Lopez Obrador's and Mayorkas's sentiments that the policy changes will not usher in unbridled immigration. "To be clear, these actions do not mean that the U.S. border is open," he said. "While we are committed to expanding legal pathways for protection and opportunity here and in the region, the United States is a country with borders and laws that must be enforced. We are also committed to providing safe and orderly processing for all who arrive at our border, but those who attempt to migrate irregularly are putting themselves and their families at risk on what can be a very dangerous journey."
The recent move by Biden follows an executive order from the Democrat on his first day in office in which he ordered a 100-day deportation freeze. Biden also ceased the emergency declaration used to fund the wall along the southern border and ended the "remain in Mexico" policy that mandated migrants stay in their home country until their trial date.
Texas Attorney General Ken Paxton sued the administration 48 hours after Biden stepped into the Oval Office after his cohort violated an agreement that Texas, along with other states, had with the Department of Homeland Security shortly before Trump departed. The agreement mandated that the DHS consult with states and local jurisdictions before sweeping immigration bills would be enacted. A federal judge has since extended a block on the moratorium as the case continues to be deliberated in court.
https://www.washingtonexaminer.com/news/mexican-president-borders-not-open-biden-administration
SAM635 USAF C-32A departed Monterey Regional Airport se after a ground stop-inbound from Tucson Int'l depart earlier
AE6881 and AE68A3 US Navy P-8 Poseiden(s) done off SoCal and heading back to Whidbey
GTMO844 US Navy Beech Huron on ground at Ft. Lauderdale Int'l from NAS Jax
5 KC-135 tankers (one in at MacDill AFB) over central and southern FL with 2 P-8 Posiedens on the east coast
Pennsylvania ANG 58-0084 on ground and 58-0074 on descent at Nellis AFB from Pittsburgh Int'l with Indiana ANG MASH71 on descent and INDY73 USAF KC-135 tankers from Grissom ARB-Kokomo, IN
SAM635 USAF C-32A continues es from Monterey Depart
PSWRD23 and PSWD35 US Navy Greyhounds ne off Baja Norte after a delivery
Heading to NAS North Island
2 US Navy P-8 Poseidens off western WA from Whidbey Island
>some serious planefaggotry
They ain't doin' it next door..
plus I enjoy it..almost soothing
kek
Evoqua Water Technolgies sold by AEA Investors L.P.: $272.20-Feb 11
Evoqua Water Technologies : Announces Pricing of Secondary Public Offering
announced the pricing of a secondary public offering of 16,382,793 shares of its common stock by certain institutional shareholders of the company, including certain affiliates of AEA Investors LP (collectively, the “Selling Shareholders”), which is expected to result in gross proceeds of approximately $407.1 million. The offering is expected to close on February 11, 2021, subject to the satisfaction of customary closing conditions. The company is not selling any shares in the offering and will not receive any proceeds from the sale of shares being sold by the Selling Shareholders in the offering. It is anticipated that, upon completion of the offering, the Selling Shareholders will have disposed of all of their remaining shares of the company’s common stock. Credit Suisse Securities (USA) LLC is acting as sole bookrunner and underwriter for the offering.
https://www.marketscreener.com/quote/stock/EVOQUA-WATER-TECHNOLOGIES-38530150/news/Evoqua-Water-Technologies-Announces-Pricing-of-Secondary-Public-Offering-32394770/
Evoqua Water Technologies Corp. provides a range of product brands and water and wastewater treatment systems and technologies, as well as mobile and emergency water supply solutions and service contract options through its branch network. It operates through two segments: Integrated Solutions and Services and Applied Product Technologies. Integrated Solutions and Services provides services and solutions in collaboration with the customers backed by life-cycle services including on-demand water, outsourced water, recycle/reuse and emergency response service alternatives to enhance operational reliability, performance and environmental compliance. Applied Product Technologies provides a range of products and technologies specified by global water treatment designers, original equipment managers, engineering firms and integrators. The Company focuses on water purification services and equipment that serves the healthcare, laboratory, power, microelectronics, food and beverage markets. Number of employees : 4 020 people.
https://www.marketscreener.com/quote/stock/EVOQUA-WATER-TECHNOLOGIES-38530150/company/
AEA Investors
Founded by the Rockefeller, Mellon, and Harriman family interests with S.G. Warburg & Co. in 1968, AEA Investors was conceived in 1963 over lunch between J. Richardson Dilworth, the Rockefeller family’s financial adviser; George Love, the chairman of both Chrysler and Consolidated Coal; and Sir Siegmund Warburg, of the London branch of the Warburg banking family. In 1968, AEA was formally founded as American European Associates with initial capital from the Rockefeller, Mellon and Harriman family interests in partnership with S.G. Warburg & Co.
http://www.aeainvestors.com/
https://www.finviz.com/insidertrading.ashx?oc=1216273&tc=7&b=2