morning B's/All
RAF RRR7303 R1 Sentinel over northern Poland from RAF Waddington
QID45 USAF KC-135 Stratotanker north and looks like an appointment with AE684E P-8 Poseiden in the north sea for some refueling exercise(s)
Apollo Names Former SEC Chief to Board After Fallout From Epstein Probe
Apollo Global Management Inc. has appointed former Securities and Exchange Commission chairman Jay Clayton as lead independent director, part of a corporate governance overhaul following a probe into the firm’s links to convicted sex offender Jeffrey Epstein.
Clayton will join Apollo in the newly-created role on March 1 after stepping down from the regulator at the end of last year, according to a company statement. He will also return to law firm Sullivan & Cromwell LLP, where he worked before joining the SEC.
Clayton’s appointment at Apollo follows an investigation into ties between founder Leon Black and Epstein, which found that Black paid $158 million to Epstein for various financial services. While the report concluded Apollo itself had no ties to Epstein, the firm said in early February it would appoint a lead independent director who will engage directly with management and the board.
“We undertook a thoughtful and deliberate process and are proud to have someone as distinguished as Jay serve in this newly created role that reflects the strong corporate governance enhancements we continue to implement,” Black said in the statement.
As part of the governance changes, Black will retire as chief executive officer no later than July 31, while remaining chairman. Marc Rowan, one of Black’s top lieutenants, will succeed him as CEO as part of a overhaul that will also eliminate weighted voting rights.
https://www.bnnbloomberg.ca/apollo-names-former-sec-chief-to-board-after-fallout-from-epstein-probe-1.1565291
later you "subversive" faggot
GameStop Hearing Gets a Surprise Witness from Deeply Conflicted Cato Institute
When the House Financial Services Committee sent out its press release for tomorrow’s hearing to take testimony from the people involved in the wild trading action of GameStop, it included just five witnesses: Keith Gill, a licensed broker who was employed at a broker-dealer at the same time he was hawking the shares of GameStop on Reddit and YouTube; Ken Griffin, the CEO of Citadel LLC, which has a related firm paying nine online brokers for order flow, thus enabling it to get an early peek at price movements; Gabe Plotkin, CEO of hedge fund Melvin Capital, which had a massive short position in GameStop and would have likely gone belly up were it not for an infusion of $2 billion from its generous competitor Citadel; Vlad Tenev, CEO of Robinhood, a trading app that abruptly put curbs on the ability of its customers to buy shares of GameStop – thus helping hedge funds with short positions.
Now, out of the blue, a new witness has popped up for tomorrow’s hearing: Jennifer Schulp, the Director of Financial Regulation Studies for the Cato Institute. It’s a fairly safe bet that Maxine Waters, a Democrat who Chairs the House Financial Services Committee, did not call this witness. If we were to make a wild guess as to who wanted this witness at the hearing, it would be the Republican ranking member of the Committee, Patrick McHenry, whose top donors are big firms on Wall Street that don’t want to see the GameStop fiasco result in tightened regulations.
The Cato Institute is deeply conflicted in this matter and its witness, Jennifer Schulp, should say so at the hearing. Cato is a libertarian think tank that for decades kept the fact that it was both a nonprofit as well as being secretly owned by a handful of men – among which were the billionaire, fossil fuel brothers, Charles and David Koch. (David died in 2019.) Charles Koch has a big dog in the fight against regulating trading. He and the heirs of his late brother, David, are the majority owners of Koch Industries, a private fossil fuels conglomerate which owns a stealthy and sprawling trading operation known as Koch Supply & Trading.
In addition to that conflict, sitting on the Board of Directors of the Cato Institute is Jeffrey Yass, the co-founder of Susquehanna International Group, known as SIG, a large trading outfit which had both a huge short and long position in GameStop as of December 31, 2020 – meaning that it may have benefited from the wild price swings in the stock. According to its various filings with the Securities and Exchange Commission, as of December 31, 2020, units of SIG owned a put option (a bet the price would decline), on more than 4.8 million shares of GameStop. Three other units of SIG, Susquehanna Investment Group, Susquehanna Securities, LLC and Susquehanna Fundamental Investments, LLC owned 6.3 percent of GameStop shares, a total of 4.4 million shares as of December 31, 2020.
Yass donated more than $30 million in the 2019-2020 campaign cycle to right-wing Republican PACs, with the bulk of that going to Protect Freedom PAC, a Rand Paul allied Super PAC which has tarred Democrats in Congress as “Socialists,” and Club for Growth Action, a related part of the right-wing Club for Growth. In 2011, John Nichols, reporting for The Nation, wrote that Club for Growth was part of a “national strategy” to destroy labor and unions.
moar
https://wallstreetonparade.com/2021/02/gamestop-hearing-gets-a-surprise-witness-from-deeply-conflicted-cato-institute/
SAM526 USAF C-40B departed MacDill AFB ne after an overnight-inbound from JBA
State Dept AC
Morning B
yeah I can't stop laughing
each post they put in there and gen is just comedy gold
all out fault
kek!
Stayed later last night too but not too much.
All of this "mea culpa I'm quitting blah, blah,blah" shit exactly a month after the pillow stunt.
Guess that didn't garner the impact they thought it would have.
Natural Gas Prices Plunge 99% in Oklahoma as Supply Recovers
The worst of the squeeze on natural gas supplies may have passed as spot prices in Oklahoma plunged 99% on Thursday, according to traders. Supply for next-day delivery at the Oneok Gas Transportation hub in Oklahoma traded at $10 or less per million British thermal units on Thursday, down from $1,250 on the previous day.
The extreme price swings comes as temperatures rise in Texas following several days of frigid conditions. Data published early on Thursday from state grid operator Ercot showed electricty demand above 50 gigawatts for the first time since Monday, signaling fewer blackouts are needed to keep the system stable. About 525,000 homes and businesses in Texas were without power Thursday morning according to Poweroutage.us, down from more than 3 million on Wednesday. The drop in Oklahoma prices comes hours after Texas Governor Greg Abbott ordered that gas in the state be offered to state power generators before it can be shipped out of Texas.
Gas futures traded in New York also dropped Thursday, falling as much as 4.4%.
https://www.bnnbloomberg.ca/natural-gas-prices-plunge-99-in-oklahoma-as-supply-recovers-1.1565385
Lumber Futures Hit Record High $1000 (As Gold Slumps To 7-Month Lows)
As Building Permits explode higher (driven by multi-family units)…The demand for lumber has soared, sending the building material jumping to an all-time high of $1,004.90 Thursday. Prices have climbed more than 30% this year… as gold sinks to a seven-month low…which is odd given that the rally in lumber (among other commodities) has stoked concerns of inflation bleeding into the home-buying market. While the onslaught of demand from new construction combined with a boom in home remodeling and construction fueled by stay-home orders, Bloomberg notes that this handicapped producers’ abilities to restock inventories quickly enough, further supporting prices.
Additionally, as we noted during last year's chaotic surge, it's not all demand-driven as one builder noted “the explanation they had for us was that COVID-19 shut down the plants that treat the wood, and that finally caught up.”
“The supply chain was screwed up,” said Wilson, the owner of Wilson Construction in Galveston. “Dimension sizes were in limited supplies; even something as simple as a two-by-four-by-twelve Southern yellow pine treated was in extremely short supply.” Ultimately, the added costs that come from buying supplies will be passed on to homebuyers, said Bill Schick, who sells lumber for Raleigh, North Carolina-based Building Materials and Construction Solutions.
“The price increase gets passed on to the end consumer,” Schick said. “Future homeowners and people remodeling will end up paying the brunt of the price increase."
But don't worry, Powell says The Fed has "the tools" to manage inflation… well he is right about one thing! (they do have some tools).
https://www.zerohedge.com/markets/lumber-futures-hit-record-high-1000-gold-slumps-7-month-lows
they always have to have something to complain about cause none of it is their doing…..
The entire "I'm gonna wear this all on muh sleeve" via that thread is a joke.
Did the same shit when FJ switched the board to dedicated notables thread.
Played victim card then too.
"come join me"
GTMO845 US Navy Beech Huron appears over Bahamas heading ne
P-8 party with a P-3 in there off Space Coast
from Feb 15
Texas National Guard deployed to help Texans during unprecedented power outage, winter storm
Texas Gov. Greg Abbott on Monday announced the state’s response to the unprecedented power outage and freeze we’re facing. The resources will help with power restoration and clearing roadways, as well as helping essential workers carry out their duties.
The Texas National Guard is being deployed to do welfare checks and to help get people who need them to heating centers.
The governor’s office also announced it got a waiver from the U.S. Department of Energy that allowed Texas generators to increase production, but the winter weather kept some of those generators offline.
https://www.khou.com/article/weather/national-guard-texas-freeze-power-outage/285-70a041fb-d113-416f-bbec-99e6ad48ba48
Watch Live: Leaders Of Citadel, Robinhood, Reddit Face Off Against 'Mad Maxine' In "Game Stopped" Hearing
At it again
kek
I said it before… once they started this, in the way they did, they were married to it.
Each iteration had/has to be a bigger pile of crap.
Muh mnr comped faggots!!!