Well tomorrow is the last day the House is in session.
So - next week could be quite consequential.
<<house calendar for Nov 2022
Nov 22 - death of JFK
Nov 23 - SCOTUS on that recent case about fraud.
Could be an interesting week next week.
Well tomorrow is the last day the House is in session.
So - next week could be quite consequential.
<<house calendar for Nov 2022
Nov 22 - death of JFK
Nov 23 - SCOTUS on that recent case about fraud.
Could be an interesting week next week.
lots of sites
https://allthetopnews.com/goldman-sachs-reportedly-eyes-ftx-alliance-with-regulatory-and-public-listing-assistance/
this one mentions financial times. going in search of FT source
holy crap
derivatives market too.
https://www.coindesk.com/business/2022/04/21/goldman-sachs-eyes-collaboration-with-crypto-exchange-ftx-as-ceos-meet-report/
Goldman Sachs Eyes Collaboration With Crypto Exchange FTX as CEOs Meet: Report
Sam Bankman-Fried and David Solomon discussed Goldman Sachs advising FTX in talks with U.S. regulators and a possible IPO.
By Jamie Crawley
AccessTimeIconApr 21, 2022 at 4:51 a.m. EDT
Updated Jun 2, 2022 at 4:47 p.m. EDT
http://archive.today/2022.04.25-171555/https://www.ft.com/content/53dde228-02bb-4193-b47e-0d171ae96073
Goldman Sachs sought to woo FTX at Caribbean meeting
Solomon offered regulatory help to Bankman-Fried and discussed potential IPO of crypto exchange
Goldman Sachs chief executive David Solomon met billionaire FTX founder Sam Bankman-Fried in March to discuss forging closer ties between the Wall Street bank and the barely three-year-old cryptocurrency exchange valued at $32bn.
The meeting, which took place in the Caribbean, according to people familiar with the matter, is the latest sign of the growing influence of crypto companies in the traditional financial services sector.
During the meeting, Solomon and Bankman-Fried discussed Goldman advising FTX in its discussions with US regulators, in particular the Commodity Futures Trading Commission, the US derivatives watchdog, according to two people familiar with the matter.
In March, FTX filed a proposal to the CFTC that would allow it to sell leveraged crypto derivatives to retail investors and settle their trades directly, cutting out intermediate financial brokers such as Goldman.
CFTC must be how Gensler gets added to the picture.
(Former) CFTC commissioner Gary Gensler served as Chairman of the Commodity Futures Trading Commission (CFTC) from May 26, 2009, to January 3, 2014
squirrley derivatives market comment in that FT article made me pucker pretty good over here.
>leveraged crypto derivatives<
They wrote derivatives into one of those bill after the TARP debacle to be covered by the taxpayers.
Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks
https://www.cnbc.com/2022/11/17/crypto-firm-multicoin-says-contagion-fallout-from-ftx-will-continue.html
https://twitter.com/BillFOXLA/status/1593308030149439488