tyb for da freshy!
morning
Europe-Med.-Middle East activity
The daily update a few hours before sunset (local)
Starting over northern Africa
Turkish AF A400m departed Sabratah, Libya-used to be about once or twice a week in 20-21 and then stopped for a bit. They have started up again over the last 2 weeks
Belgian AF BAF639 (tesla diggies check't) appeared coming out of Gabon and north over Algeria now-he is visible at the bottom left corner as CT-05
Cont. Yerp
RCH309 USAF C-17 arrived at Moron AB, SPain-departed Ramstein and took the long way 'round avoiding French airspace. Not every flight does this but have noticed an uptick in USAF avoidance of French Airspace.
HKY147 USAF C-130 Hercules arriving at Constanta AB, Romania with HKY 147 departing
HERKY75 USAF C-130 Hercules se from Ramstein AFB
HKY194 USAF C-130 hercules en from Ramstein
German AF GAF600 A400m se from Wunstorf AB
DUKE60 US Army Beech Super King Air nw from Constanta Romania
Slovenia AF haz three drones up 89 PT and PW on the Croatia border area-not seen doze yet
Italian AF GCI2270 ATR 45 departed Rzesow sw and just passing to east of doze drones
Now over eastern Poland-the "mess" of traces dhere.
JAKE11 USAF RC-135 Rivet Joint up in it's usual ISR position on the eastern Polish border-cap pic
There are three tankers in the immediate vicinity: French AF VANT99 A330, Dutch AF MMF18 A330MRTT and LAGR122 USAF KC-135 Stratotanker
The French have been moar active in the area (figures...always late and in the back) with refuelers-as the Dutch and USAF have done the bulk of this work since the start
LAGR123 and 121 USAF KC-135 Stratotankers east from Mildenhall
SAM036 USAF G5 sw from JBA and on descent for the Dallas/Ft. Worth area-also could be heading to Majors Airport in Greenville-L3/Harris located there
Last visible trip was as SAM822 and returned from Eppley Field, Omaha on 0423-one week ago
As a reminder Flight Ops are still run out of Lincoln Muni, NE located sw of Omaha as Offutt AFBs runway and supporting stuctures are still being repaird-at last check it was estimated that flight ops will return to Offutt at some point over the summer or early fall-but you know how those things go
>>16180937 pb
High-level Hungarian AF Falcon 7x VIP transport (one of two-the other is #607) departed Dulles Int'l after an overnight
Used in the past by Hungarian President for short Cont. Europe trips and likely part of the 'discussions' regarding the linky above
Departed San Diego Int'l yesterday and arrived at JBA arrived at San Diego Int'l on 0425 after a ground stop at Minneapolis/St. Paul after departing the home of the Hungarian AF at Kecskemet AB on 0424
Deutsche Bank Offices Raided By Police On Money Laundering Concerns
It looks as though Chief Executive Christian Sewing could actually be making an attempt to clean things up at Deutsche Bank, after years of regulatory issues at the bank. In fact, Deutsche Bank headquarters is reportedly being searched at this moment as part of an ongoing money laundering case that it appears the bank tipped off regulators to.
The bank's offices in Frankfurt are being searched by law enforcement authorities "after the lender flagged potential money laundering," Bloomberg wrote on Friday morning. The raid includes officials from the Frankfurt prosecutors office and Germany's BKA federal police, the report continues. The searches are taking place following the decision by a Frankfurt court, the report says.
Additionally, representatives of financial regulator BaFin were also involved in the search, Reuters reported. Deutsche Bank said in a statement that the search relates to “reports made by the bank of suspected money laundering" and the bank said it is "cooperation [sic] fully with authorities". Reuters confirmed that the search was due to a tip from the bank, stating "the search involved suspicious transactions it had itself passed on to authorities".
"Police officers are present in and around Deutsche Bank’s Frankfurt headquarters", Bloomberg confirmed Friday morning. However, one witness told Reuters "there was no sign of authorities outside the bank's headquarters on Friday". Deutsche Bank made the following statement:
"This is an investigative measure by the Frankfurt public prosecutor's office in connection with suspicious activity reports filed by the bank. Deutsche Bank is fully cooperating with the authorities."
Meanwhile, Deutsche has been under the microscope for potential money laundering for years, facing nearly $700 million in fines for trades that authorities said were used to illegally launder money.
https://www.zerohedge.com/markets/deutsche-bank-offices-searched-authorities-after-bank-reportedly-tips-money-laundering
kek
I'll a a choco one mang
>diggies
not that hard
the one yesterday EST and in QR 17:45:55 was pretty noice d'oh
The usual no responses-cause that habbens all the time /s
Berkshire bought $51 billion in stock as Buffett combats supply chain-but also bought $3.2B in own shares-DERP!!
Warren Buffett's Berkshire Hathaway Inc. dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp.
Berkshire, which Buffett has run since 1965, also said on Saturday quarterly operating profit was little changed from a year earlier, with some businesses able to fend off supply chain disruptions. Geico, the car insurer, posted an underwriting loss. The Omaha, Nebraska-based company also said it repurchased $3.2 billion of its own stock in the quarter, but none in the first three weeks of April. Berkshire's disclosures suggest that Buffett has finally found large new uses to dispose of Berkshire's cash pile, which shrank more than $40 billion to about $106 billion. The Chevron stake grew to $25.9 billion as of March 31 from just $4.5 billion three months earlier, as oil prices surged higher following Russia's invasion of Ukraine. That came on the heels of Berkshire's purchase of well over $6 billion of stock in Occidental Petroleum Corp, where it already had a $10 billion preferred stock stake. Buffett has also committed $11.6 billion to buy insurance company Alleghany Corp (Y.N), and bought $4.2 billion of HP Inc (HPQ.N) stock. Berkshire ended March with $391 billion of stocks, more than half of the company's $712 billion overall market value. Other businesses include the BNSF railroad, Berkshire Hathaway Energy, and a variety of manufacturing and retail operations including See's Candies and Dairy Queen ice cream.
First-quarter operating profit edged up to $7.04 billion, or about $4,786 per Class A share, from $7.02 billion a year earlier. Berkshire's net income fell 53% to $5.46 billion, or $3,702 per Class A share, to $11.71 billion, or $7,638 per Class A share, a year earlier. Net results included $1.58 billion of gains and losses from stocks including Apple Inc as well as Chevron. An accounting rule requires Berkshire to report unrealized gains and losses with net results, and Buffett urges investors to ignore the resulting volatility-why you are buying your own shares....kek!.'
Nuffin to see here
Berkshire released results ahead of its first in-person annual shareholder meeting since 2019 in Omaha. In its quarterly report, Berkshire alluded to the Ukraine invasion, without mentioning it specifically, and the spread of Omicron variants of COVID-19 in discussing the supply chain issues that many businesses now face. "Significant disruptions of supply chains and higher costs have persisted in 2022," it said. "Further, the development of geopolitical conflicts in 2022 have contributed to disruptions of supply chains, resulting in cost increases for commodities, goods, and services in many parts of the world." Berkshire businesses that took hits included Precision Castparts aircraft parts, Clayton Homes mobile homes and McLane food distribution. Chip shortages were also a problem, dampening consumer shipping volume at BNSF and reducing sales volume at Berkshire Hathaway Automotive car dealerships.
Revenue nevertheless rose at both, with BNSF benefiting from higher fuel prices and surcharges, and car and truck sales revenue growing because vehicles are getting more expensive. Rising used car prices and shortages of replacement parts also weighed on the Geico auto insurer, which posted an underwriting loss because loss claims are increasing. Profit from Berkshire Hathaway Energy, one of Berkshire's largest businesses and a steady earnings generator, rose 7%, helped by higher electric utility margins and tax benefits at its MidAmerican Energy unit. Berkshire's stock has withstood recent market volatility far better than many other large U.S. stocks. Its Class A shares are up more than 7% this year, while the Standard & Poor's 500 has fallen 13%.
https://www.reuters.com/business/buffetts-berkshire-bought-51-bln-stock-first-quarter-operating-results-flat-2022-04-30/
How stupid are people....without those buybacks the "oracle of omaha" would have had quite different results.
Instant EPS with those
Biden’s $1.75 Trillion Student-Debt Problem by the Numbers
President Joe Biden is considering forgiving at least $10,000 in student loans per borrower, a promise he made on the campaign trail, through executive action.
Here are key data points:
*$1.75 trillion the total amount of outstanding student-loan debt in U.S., according to the Federal Reserve. About 92% of that debt more than $1.6 trillion -- is in the hands of the federal government. Put another way, student-loan debt equals about 6.5% of U.S. gross domestic product.
*43.4 million -- the number of borrowers with federal student-loan debt, according to the Education Data Initiative.
*$37,113 -- the average balance for borrowers of federal student loans. Including private debt, the number jumps to $40,904.
*Four -- the number of months Biden has to make a decision. The moratorium on student-loan payments is set to expire on Aug. 31, and the president has said he intends to either extend the moratorium or do some sort of debt cancellation before that date. The deadline leaves just over two months until November’s midterm elections that will decide which party controls Congress.
*41% -- Biden’s approval rating among Americans aged 18 to 29, according to the Harvard Institute of Politics youth poll released Monday. His approval rating is down 18 percentage points from a year ago, according to the poll. The top reason cited for dismay was his “ineffectiveness.” Young Americans are likely to be a decisive voting bloc in the midterms. Harvard’s poll found that with more than six months until the election, youth turnout is expected to match the historically high turnout seen in the last midterm cycle: 36% said they will “definitely” vote; 37% said so at this point in 2018.
*34% -- adults aged 18 to 29 who have student-loan debt, according to the Education Data Initiative.
*85% -- young Americans, regardless of party, who favor some sort of government action on student debt, according to the Harvard poll; 38% favor total debt cancellation. Only 13% believe the government should not take any action on it. Among young Americans who are not currently enrolled in college and without a degree, support for government action is 79%.
*$22,690 to $39,150 -- the average cost of attendance for full-time in-state and out-of-state undergraduate students at public four-year institutions, according to the College Board. The average cost of private non-profit four-year universities is $51,690.
*$52,000 -- the average student debt owed by Black bachelor’s-degree holders. By race, Black college graduates owe considerably more than others on average. Four years after graduation, almost half owe an average of 12.5% more than they borrowed, according to the Education Data Initiative.
Proponents of a broad cancellation include prominent Democrats, President Barack Obama’s former education secretary and a former official in the Trump administration’s education department. Biden has said he is not considering forgiving $50,000 worth of debt for every borrower. A recent analysis by the Federal Reserve Bank of St. Louis found that rates of missed payments on student loans are at risk of climbing when the forbearance ends. “Serious delinquency rates for student debt could snap back from historic lows to their previous highs in which 10% or more of the debt was past due,” Lowell Ricketts, a data scientist for the Institute for Economic Equity at the St. Louis Fed, said in the post. Interest rates for federal student loans vary depending on the loan type and generally are set in May for loans disbursed from July to same month of the following year, according to the Department of Education’s Federal Student Aid office. Students currently pay 3.73% for the most limited subsidized loans, to 5.28% for unsubsidized loans. Unlike other forms of debt, such as credit cards and mortgages, the loans are daily interest loans, which means that interest accumulates daily. Parents of students and graduate students pay 6.28%. This raises the outstanding amount due on the loan and interest is then charged on that higher principal balance, increasing the overall cost of the loan. Most federal student loans also have an origination fee that is a percentage of the total loan amount. This fee is deducted from each loan that is disbursed. This means the money received will be less than the amount the student actually borrowed and is charged interest on. The interest rates on federal student loans is set by federal law by using the May 10-year Treasury note auction and adding 2.05 percentage points to 4.6 percentage points based on the loan type. and wut has been on a tear since March 1st??
https://www.bnnbloomberg.ca/biden-s-1-75-trillion-student-debt-problem-by-the-numbers-1.1759339
https://www.marketwatch.com/investing/bond/tmubmusd10y
Pakistan AF PAK2 G4 on approach for Abu Dhabi from Jeddah, SA depart
Paki PM Shehbaz Sharif on this AC
Saudi crown prince receives Pakistan’s new PM
Saudi Arabia’s Crown Prince Mohammed bin Salman has met Pakistan’s new Prime Minister Shehbaz Sharif at the Al Salam palace in Jeddah, the official Saudi Press Agency (SPA) said on Saturday. The two leaders discussed the “prospects of bilateral cooperation and promising opportunities as well as the ways of developing them in various fields,” SPA reported.
They also discussed regional and international issues:
Today I am embarking on a visit to Saudi Arabia to renew & reaffirm our bonds of brotherhood & friendship. I will have wide-ranging discussions with Saudi leadership. KSA is one of our greatest friends & as Custodian of the Two Holy Places, has a special place in all our hearts. — Shehbaz Sharif (@CMShehbaz) April 28, 2022
Earlier, Sharif arrived in Jeddah on Friday on the second day of his visit to Saudi Arabia. Governor of Makkah Khalid Bin Faisal Al Saud and Saudia Arabia’s Adviser National Security Dr Musaed Al Aiban received the prime minister.
The prime minister was accompanied by key cabinet members, including Bilawal Bhutto Zardari, Miftah Ismail, Nawabzada Shahzain Bugti, Marriyum Aurangzeb, Khawaja Muhammad Asif, Chaudhry Salik Hussain, Dr Khalid Maqbool Siddiqui, Mohsin Dawar and Maulana Tahir Ashrafi, APP reported.
During his meetings with Saudi crown prince and other officials, he will discuss among other things advancing economic, trade and investment ties and creation of greater opportunities for the Pakistani workforce in Saudi Arabia, Pakistan’s news agency had said.
https://gulfnews.com/world/asia/pakistan/saudi-crown-prince-receives-pakistans-new-pm-1.87543563
HOMER61 USAF RC-135 Rivet Joint heading north over central Romania from Souda Bay NAS
63-8045 USAF KC-135 Stratotanker over Iraq-usually always one visible-have not the seen the BACN (Battlefield Airborne Communications Node) ACs lately though-those are GLEX ACs and are usually using the BLKWFXX callsign
interdasting callsign here...had DINAR1 C-17 last week from McGuire to Allentown, PA
ASSET01 USAF C-17 Globemaster departed Dover AFB and a flyover at Rochester Int'l @3725 ft
Adler Posts $1.24 Billion Loss in Report Auditor Won’t Endorse
Adler Group SA posted a 1.18 billion-euro ($1.24 billion) loss last year on a major goodwill impairment, in annual results that the company’s auditor declined to endorse.
The embattled German landlord wrote down the value of its Consus development business by 1.08 billion euros, blaming construction inflation and supply chain bottlenecks that had forced it to revise assumptions about the likely profitability of its projects, according to the delayed full-year earnings statement Saturday.
delayed report issued on a Saturday-muh surprised face
Auditor KPMG refused to provide an opinion on the accounts after Adler withheld correspondence about related party deals that are a focus in fraud allegations by short seller Fraser Perring. That meant auditors were unable to judge whether the deals, for which Adler is still owed money in some cases, had been accounted for properly, KPMG said.
The delayed earnings report comes days after Adler released findings of a KPMG probe into the allegations made by Perring’s Viceroy Research in October. The publication of the probe triggered a further sell off in the company’s stock and bonds because KPMG was unable to refute many of the accusations and found a series of corporate governance failings.
and KPMG is totally trustworthy..../s
Key to Perring’s accusations were valuations Adler placed on its holdings and deals between the landlord and companies linked to some of its backers, including the extended family of Austrian financier Cevdet Caner. Adler is still owed money for some of the deals, which date back several years. It has refused to write off the sums despite recommendations from KPMG that it should mark down the receivables from at least on of the deals.
The ubiquitous mark-to-model vs. mark-to-market
The company on Saturday acknowledged there was a risk it may not recover 58.6 million euros it is owed by Azeri investor Natig Ganiyev, who agreed to buy its Accentro unit in 2017. It now has more than 423 million euros in in outstanding receivables. That’s down from a restated figure of 461 million euros for 2020.
The company’s property portfolio was valued at 9.97 billion euros at the end of December, down from 11.7 billion euros a year earlier following sales designed to cut debt. Adler’s loan-to-value ratio a key metric for real estate companies that measures relative indebtedness was 50.9%, down from 54.3% a year earlier.
Adler, which had rapidly grown into one of Germany’s biggest landlords through debt-fueled acquisitions and a controversial merger, has spent much of the last year reeling from the allegations by Viceroy as well as an anonymous whistleblower, who sent information to the firm’s banks. The company sold off about 40% of its 70,000 apartments in an effort to pay down a debt pile that had reached $9 billion.
In the past week, since KPMG released its report, Adler’s shares have lost 38% of their value and are trading at a record low. While KPMG’s investigators satisfied themselves that the bulk of Adler’s portfolio was valued accurately, they were unable to disprove many of the other claims.
https://www.bnnbloomberg.ca/adler-posts-1-24-billion-loss-in-report-auditor-won-t-endorse-1.1759353
See GooG-and just about everyone else-and it's write-offs in the "good-will or "in-kind donations" acct. bucket-GooG gave away or sold Dragonfly on the cheap and hid those costs (if they actually rec'd ANY $ for it-which could not be confirmed) in the "goodwill" and "in-kind" area in it's 10Q- from Q3-4 2018-that is all in the archive and broken down by a team of anons including yours truly
JAKE11 USAF RC-135 Rivet Joint is done on the eastern Polish border and heading west
Australian AF ASY543 C-17 departing Rzesow Airport from RAF Brize Norton arrival
It arrived yesterday at Brize Norton from Dover AFB departure and left Hickam AFB in Hawaii on 0428 having departed Brisbane on 0426
Italian AF IAM1435 KC-767A heading to Rzesow from a Pisa-Galileo Int'l depart
HOMER61 USAF RC-135 Rivet Joint still trackin' over northern Romania
Furhter to the nw we have RCH505 C-17 Globemaster that departed Spangdahlem AFB with RCH509 C-17 that departed Rzesow after it's load out and heading to Prestwick Int'l (Glasgow).
Prestwick is like Stansted Airports location to London...it's pretty far away from Glasgow but that is it's Int'l airport-while Stansted is moar of a Cont. Europe and domestic hub
RCH491 C-17 heading south from a Trondheim Norway AB depart-heading back to Spangdahlem AB -ater a ground stop of roughly 2h 30min
morning
dis wuz 28 years ago today
Senna dies in crash at Imola 1994
little back story
He NEVER took his helmet off after he got in the car and he did that just prior to the start of this race he was killed in-picrel
He knew something was up imo
Many speculations that he was intentionally taken out with a poor welding job on his steering column (it failed) as he had quite the active charity for kids in Brazil
But it wasn't very overt-many times donations or assistance arrived and it wasn't known who did it until well after it habbened
RIP Ayrton
MUH LAWN!!!!
kek
had to laugh at that
sorry 'bout that
sometimes the easiest things makes the older peeps activate
gibs him a tap from us
mebby that will help
>howza
ok will be watching fer 45 AC later but gonna takes it easy today
the other side of the story is that he was bi-sexual (I could care less about it too) but in the 'macho' racing world that was not a good thing.
When he first arrived in F1 (and the lower formulas in europe his 'attendant', because they call them personal trainers now and those did not exist then, was easily gay. No question about it I saw it and as mentioned I could care less.
So he had a series of high profile popular Brazilian 'girlfriends' to try an counter this perception-one his companions was Xuxa who was a popular host of a kids TV show and he also has an american girlfriend too.
So there was that-never married either.
I am fairly confident he knew shit and started getting vocal about it and he was a very public sacrifice because F1 could go in and out of countries with huge ACs and side-step most customs and immigration controls because of Bernie Eccelstones connections and they were certainly carrying 'other' things on those Acs
Just after Sunrise
JASDF JF001 777 heading to Rome from a Bangkok depart earlier today
Prime Minister Kishida finishes visiting three Southeast Asian countries Departure for Italy
https://www.tellerreport.com/news/2022-05-02-prime-minister-kishida-finishes-visiting-three-southeast-asian-countries-departure-for-italy.S1jcC-6TSc.html
JASDF JF002 is several hours behind JF001 and it departed from Chitose AB in Hokkaido and is the support AC for the PM
Moar NOT escalating this-they must be running out of space at this point cause these have been relentless-and I dont even see the day time stuff (local time for EU)
RCH395 C-17 Globemaster to Ramstein from Rzesow load-out and arive from Gander Airport Newfoundland and eparted Dover AFB yesterday
RCH389 C-17 to Rzesow from Ramstein and arrived from Dover AFB earlier today
He goes to UK after this stop and was at Vietnam and Indonesia before Bangkok
JASDF JF421 Kawasaki C-2 departed Dubai Int'l after arriving yesterday from Kuala Lumpur Int'l
Equipment for PM Kishida visit
keep the sharp knives put away-terribruh relations between SoKo and Japan so interdasted to see how this goes off.
Japan plans to send foreign minister for S. Korean pres. inauguration
Japan plans to send Foreign Minister Yoshimasa Hayashi to South Korean President-elect Yoon Suk Yeol's inauguration ceremony next week, deciding not to consent to Seoul's wish for Prime Minister Fumio Kishida to attend, government sources said Monday. Seoul had hoped for Kishida's presence at the May 10 event to help improve bilateral relations that have soured over historical disputes which stem from Japan's 1910-1945 colonial rule of the Korean Peninsula. But the sources said Tokyo has decided the Japanese leader cannot go without any guarantee of progress on the disagreements. During his stay, Hayashi is expected to hold meetings with key officials of the new South Korean government with the hope they will agree to work toward mending political ties that have sunk to their lowest level in years under the administration of the current president, Moon Jae In, the sources said.
https://mainichi.jp/english/articles/20220502/p2g/00m/0in/033000c
China Holds Secret Bank Meetings To Plan For Protecting Assets From US Sanctions
China is taking serious steps to prepare itself for potential future US sanctions such as have been imposed against Russia's banking sector, with regulators recently convening an emergency meeting of domestic and foreign banks to examine how to best protect the country's overseas assets.
Over the weekend the FT identified that the internal conference was held on April 22 and included top officials from China's central bank and finance ministry. It's also said that representatives were sent from every domestic and Chinese overseas bank, and additionally some China-tied international institutions, notably among them HSBC. The somewhat secretive conference was held as Russia is charging Washington with stealing $300 billion of its assets held overseas."Western nations have actually stolen more than 300 billion US dollars from Russia when they seized the money meant to pay for Russian gas, Russian Foreign Minister Sergey Lavrov said in an interview with Al Arabiya TV on Friday," wrote state-run TASS base don the top diplomat's words.
Lavrov had with the last days again described US-led actions of the West "shameless robbery" and described, "London, Washington, Brussels are looking at seizing the money they have frozen to transfer it to someone else."
Indeed there's been open talk of using seized Russian assets, including frozen Russian Central Bank reserves, to rebuild Ukraine in the future and to fund Ukrainian institutions. European countries have led to way in the seizures with Washington's goading.
It appears China is taking note and not sitting idly by for its own similar crisis, especially as rhetoric ratchets concerning Taiwan and potential parallels with Ukraine. The emergency meeting also came after starting in March the Biden administration began expressly warning Beijing not to serve as enabler to Russia's military machine by supplying it, or also assisting in sanctions evasion. Biden had in a March 18 call conveyed this warning to President Xi Jinping directly.
1/6 Lavrov discusses rationale behind ruble payments by Europeans for Russian gas:
“A simple thing has happened that those who have been criticising and condemning our actions don’t want to talk about: our money, more than $300 billion, has been stolen.— M. K. Bhadrakumar (@BhadraPunchline) May 2, 2022
Citing official sources out of China, FT details the following: "...the meeting began with remarks from a senior finance ministry official who said Xi’s administration had been put on alert by the ability of the US and its allies to freeze the Russian central bank’s dollar assets." "The officials and attendees did not mention specific scenarios but one possible trigger for such sanctions is thought to be a Chinese invasion of Taiwan, which China claims as its territory and has threatened to invade if Taipei refuses to submit to its control indefinitely," the report continued. A person briefed on some specifics discussed at the meeting told FT: "If China attacks Taiwan, decoupling of the Chinese and western economies will be far more severe than [decoupling with] Russia because China’s economic footprint touches every part of the world." And more from the report: Senior regulators including Yi Huiman, chairman of the China Securities Regulatory Commission, and Xiao Gang, who headed the CSRC from 2013 to 2016, asked bankers in attendance what could be done to protect the nation’s overseas assets, especially its $3.2tn in foreign reserves. China’s vast dollar-denominated holdings range from more than $1tn US Treasury bonds to New York office buildings. State-owned Dajia Insurance Group, for example, owns the Waldorf Astoria New York. At the same time, it seems Taiwan is on the opposite side of taking notes from the Ukraine playbooks and domino effect of international reaction. “We try to see what we can learn from Ukraine in defending ourselves,” Taiwan’s Foreign Minister Joseph Wu told CNN's Fareed Zakarai in a Sunday interview.
https://www.zerohedge.com/markets/china-held-secretive-meeting-bank-executives-plan-protecting-assets-us-sanctions
"Secret Meetings....'''
Justice Department’s Investigation of Archegos Leaves Out Three Bank Names: JPMorgan, Citigroup and Bank of America
Last Wednesday, the U.S. Department of Justice, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) brought charges against executives at Archegos Capital Management, the family office hedge fund that was somehow able to trick the most sophisticated trading houses on Wall Street into giving it 85 to 90 percent margin debt on concentrated stock positions – one of which had been called a “fraud” in a detailed report. Archegos blew itself up with that margin debt in March 2021, leaving a handful of these sophisticated trading firms acknowledging losses of more than $10 billion dollars.
The complaint filed by the Justice Department is the only complaint from the three federal agencies that names the Wall Street banks involved – although it paints the banks as hapless victims of the fraud instead of co-conspirators. (The SEC complaint simply refers to the banks as CP1 through CP8, short for “Counterparty 1” through “Counterparty 8” while the CFTC’s complaint simply refers to the Wall Street banks as counterparties.)
The Justice Department names nine Wall Street trading houses that had as much as $125 billion total in margin loans outstanding at their peak to Archegos. Those firms are:
Credit Suisse, Deutsche Bank, Goldman Sachs, Jefferies, Macquari, Mitsubishi UFJ Financial Group, Morgan Stanley, Nomura, UBS
But the Justice Department’s complaint also notes that Archegos had a total of 12 counterparties, not 9.
Why didn’t the Justice Department name the other three firms? One possibility is that these three firms rank among the five largest federally-insured, deposit-taking banks in the U.S. and their involvement with a dodgy hedge fund and shares of a company called a “fraud,” might not be good for public confidence in the U.S. banking system. But if the Justice Department won’t let the whole truth out, how can the American people know what financial reforms they need to demand from Congress?
https://wallstreetonparade.com/2022/05/justice-departments-investigation-of-archegos-leaves-out-three-bank-names-jpmorgan-citigroup-and-bank-of-america/
Prolly because they have a combined $110,259,110,000,000 of derivative exposure or not......
I'm sure it's just an "oversight" by the well-respected Department of Jagoff(s)
Europe-Med.-Gulf'' activity
High level Italian AF IAM9002 A319 (red circle) This is Mario Draghi-confirmed as he has used this AC many times south from Strasbourg, France ground stop of 4 hours and returning to Rome
STRASBOURG, France —Italian Premier Mario Draghi is calling for Europe to move more rapidly toward greater defense integration following the Russian invasion of Ukraine. Draghi told EU lawmakers in Strasbourg on Tuesday that European defense spending “is a deeply inefficient distribution of resources, that blocks the construction of a true European defense.” He called for a conference to improve coordinated of defense spending.
https://www.boston.com/news/russia-ukraine/2022/05/03/live-updates-finland-sweden-not-decided-on-joining-nato/
High-Level German AF GAF906 left Koln to go pick someone up in Berlin-this AC has been used by Olaf SCholz and Merkel in the past
Since it's got a Porsche Model # as it's call sign I bet Olaf Scholz is going somewhere but he sex he won't got to ~~Kyiv~~ Rzesow
JASDF JF421 Kawasaki C-2 departed Izmir, Turkey after a ground stop-departed Dubai last night
JASDF JF001 777 on ground at Rome- PM Kishida arrived from Bangkok about 7 hours ago (red circle)
NATO01 E-3A Sentry AWACS (that was not visible yesterday) over eastern Romania
Italian AF IAM1412 tanker heading back to Pisa with French AF FAF4099 KC-135 tanker taking over for it in eastern Romania
Italian AF IAM4674 C-130 Hercules departed Rzesow after a ground stop sw
Italian AF IAM3102 Falcon 900 west from Milan-Linate Airport
Italian AF IAM3160 Falcon 50 south from Riga
Dutch AF MMF18 A330 MRTT on the track over Rzesow
Croatian AF 9ACRO CL-600 sw from Zagreb to Madrid-this may be the PM or President as this is one of two high-level VIP transports they have..also both have been 'fighting" in public so beleive what you want about that..just playing good/bad cop imo.
Belgian AF BAF652 A400m departed Patras Airport, Greece nw
Further north we have Swedish AF SVR45 G4 'White Raven' ELINT AC dropping altitude to start it's ISR patterns in the Baltic Sea-this had been over eastern Poland for a few weeks but has now returned to it's duty over the Baltic Sea-it haz now returned to Malmen AB
about same-still gotta take "crap" to function and HATE THAT SHIT!
After all these multiple Dr visits/scans/MRI/X-rays that confirm 100% surgery they (ins.) now want to me to go to a "comprehensive psych analysis"
If I appeal they will deny (and that will waste another 2 weeks or so) and the Neuro coordinator haz not seen anything this blatant in 23-24 years as one.
Absolutely fuggen ridiculous
So I soldier on and try to stay busy
>the state of this country is the "crap"
all muh frens are in various states of needing the crap medical system here too
>prayers yo.
ty muh fren
It's been quite the last two weeks lemme tell ya-won't get deet'd in public
i had some other shit that reared it's head up too but won't bore you wif dat-major shit w "family"
it taken care of (FINALLY after many years) so that why I am distracted and not as "on" operationally lately
986 =23USAF G5 departed Peterson AFB after an overnight-arrived from JBA yesterday
SAM015 USAF C-40B State Dept AC ws from JBA
BOXER43 USAF C-40C wn from JBA-this was Nancy/Schiff AC that returned from Warsaw yesterday
00-9001 USAFSOC C-32B departed McGuire and went to JBA and came out as TERRA97
seen't
kek
>bring forward
yeah no thanks gerbil
lazy shit
had plenty of time
empty callsign Joe 82-8000 departed JBA for Maxwell AFB Montgomery, AL to visit Lockheed
now on "no callsign"
Biden in Alabama Tuesday to tour Lockheed Martin
https://www.waaytv.com/news/president-joe-biden-in-alabama-tuesday-to-tour-lockheed-martin/article_ad3f420a-cad6-11ec-879e-933baa64abdd.html
Swedish AF SVF631 G5 inbound from Stockholm Int'l depart to
TERR97 USAFSOC C-32B has to wait for late Joe departure and then went back to JBA
it's baaaack
kek
morning
kek
Yes that is the seal-same thing habbened here "2 WEEKS" ago-kek da movee quote
>>member dat movee
I only saw it because they din't caulk the floor and the toilet so it ran out quickly. 'You need a new wax seal or they did a shitty job setting it in the first place.
You can probably do that yerself and even though he seal may "look" ok just get another one and put it in-if you chose to do self.
>run the kitchen sink and the 1/2 bath toilet overflows.
you habs a blockage in yer system somewhere. Prolly those "cheap:" workers threw some shit down one of yer drains casue it was 'easier' than throwing away outside or ?
You are septic I am guessing so it prolly backing up dhere
morning B
evil trips chek't
>don't be cray
exactly what they expect
ain't giving them that after all this
Mrs G here to make sure I stay on point and don't 'wander' cause that hard with this shit
>always rough waken up
gettin' easier but still a skirmish as opposed to battle
I will do dhat this morning
#911
>>134437, >>134438, >>134454, >>134460, >>134462, >>134509, >>134510, >>134525,>>134529, >>134534, pf reports
>>134446 Deutsche Bank Offices Raided By Police On Money Laundering Concerns-zh
>>134448 Berkshire bought $51 billion in stock as Buffett combats supply chain-but also bought $3.2B in own shares-DERP!!
>>134451 Biden’s $1.75 Trillion Student-Debt Problem by the Numbers
>>134452 pf Pakistan AF PAK2 G4 on approach for Abu Dhabi from Jeddah, SA depart-Paki PM Shehbaz Sharif on this AC
>>134457 Adler Posts $1.24 Billion Loss in Report Auditor Won’t Endorse-bnnBBerg
>>134470, >>134475 anon submits May1 1994 habbenin Ayrton Senna dies at Imola-he knew something
>>134483 Elon Musk and the Tech Bro Obsession With 'Free Speech'-soce media
>>134509, >>134510 Prime Minister Kishida finishes visiting three Southeast Asian countries Departure for Italy
>>134511 China Holds Secret Bank Meetings To Plan For Protecting Assets From US Sanctions-zh
>>134512 Justice Department’s Investigation of Archegos Leaves Out Three Bank Names: JPMorgan, Citigroup and Bank of America-wallstonparade
>>134538 @ DJTjr Twat
>>134547 Biden in Alabama Tuesday to tour Lockheed Martin
>>134553, >>134554 The work of the Court will not be affected in any way.” - Justice Roberts
>>134564 Election Wizard 🇺🇸 Retweeted Rep. Jim Jordan "Guess who supported the idea to let states overturn Roe v. Wade in 1981?..Joe Biden"
>>134576 We came here for a reason
>>134648 BOOM! Elon Musk Outs Media Matters as Source of Threats to Twitter Advertisers-gatewaypundit
>>134651 FUNDING & SUPPLYING OF ANY WEAPONRY AND FUNDS to the UKRAINIAN AZOV - A3OB BATTALION PROHIBITED BY LAW - PRESIDENT TRUMP SIGNED INTO LAW IN 2018
>>134688 VICE posts 'do it yourself' abortion guide including 'abortion pills' made with ingredients used to treat horses-rebelnews
>>134689 Attorney General Merrick Garland Unveils New “Office of Environmental Justice” to Advance Biden’s Climate Agenda
#911
np