Anonymous ID: d22387 May 21, 2024, 8:04 p.m. No.20898505   🗄️.is 🔗kun   >>8676

German AF GAF875 A320 heading to Rzeszow Airport, S.E Poland from Koln/Bonn Airport (Luftwaffe Cmd.)

 

Going to pick up bat shit crazyFM Analena BAERbockwith the ‘gibs them moar money’ narrative.

This AC picked her up in Berlin and then dropped her off at Rzeszow Airport.

 

This is why these ‘meetings in Kiev’ are so suspect and have been since the start. The security apparatus of all the countries who have ‘visited Kiev’ would never allow the VIPs (and I use that term loosely) to be without access to the AC in case something went wrong so it’s all staged since the AC left and is nao returning after her ‘visit’. No security detail would allow this to occur so it’s not how it’s presented at all.

 

German Foreign Minister flags ‘dramatic’ worsening on Ukraine front

 

German Foreign Minister Annalena Baerbock voiced concern on May 21 over the worsening battlefield conditions for Ukrainian forces on the eastern front, during an unannounced visit to Kyiv. The visit from Ms. Baerbock, who urged the West to supply Ukraine with more air defences, came after more than two dozen Russian drones targeted Ukraine overnight, in an attack that left several wounded in the eastern Kharkiv region. The situation in Ukraine has once more dramatically deteriorated with the massive Russian aerial attacks on civilian infrastructure and the brutal Russian offensive in the Kharkiv region," Ms. Baerbock said when she arrived for her eighth visit to the country since Russia invaded in February 2022.

https://www.thehindu.com/news/international/german-foreign-minister-flags-dramatic-worsening-on-ukraine-front/article68202460.ece

Anonymous ID: d22387 May 21, 2024, 8:54 p.m. No.20898622   🗄️.is 🔗kun

Morgan Stanley Was ‘Angry’ as Archegos Fell, Witness Says

 

When Archegos Capital Management reached out about looming margin calls in March 2021, Credit Suisse took a “very soft tone,” while Morgan Stanley was “much harsher, angry.”

But both were responding to the same set of talking points for counterparties that Archegos Chief Financial Officer Patrick Halligan came up with on a Zoom call with founder Bill Hwang and several others, the firm’s former risk management head testified. It was Scott Becker’s second day on the stand as one of the star prosecution witnesses in the fraud case against Hwang and Halligan. Becker, 40, on Tuesday gave jurors a look at Archegos’ final days from inside what prosecutors allege was the “corrupt core” of Hwang’s family office. That end came suddenly, he testified. Hwang launched an ambitious “project” to raise more cash just days before disaster struck. That quickly became a frantic but ultimately futile scramble, with banks being fed lies to buy time, Becker said. In earlier testimony, Becker had described the intensive, almost nonstop trading that Archegos began engaging in late 2020 to build up its positions in a small handful of companies, including ViacomCBS and Chinese online education company GSX Techedu Inc. On Tuesday, he testified that he’d reached a breaking point by March 19, 2021, when he refused a request to travel to Hwang’s New York apartment to work on the new project. Becker said he participated by Zoom though, and on a March 21 call, Hwang thanked him for helping out with the project — an analysis of how much cash Archegos could free up by moving its positions from higher-margin brokers to lower-margin brokers.

 

‘God Willing’

“God willing,” Hwang said on the call, Archegos would grow to $50 billion or $100 billion, Becker testified.

But two days later, a tepid response to a secondary offering at Viacom, Archegos’ biggest holding, sparked a downturn that was becoming a rout. The cash Hwang had sought to expand his positions was now desperately needed to prop up one of them and meet the inevitable margin calls.

The effort ultimately failed, and Archegos was wiped out when its counterparties liquidated their positions all at once, costing them some $10 billion. Before then though, Hwang directed his inner circle to find the cash that might let Archegos trade its way out of its hole, Becker said. On a March 23 Zoom call, Halligan told him to continue the weekend project.  Becker updated his list of possible liquidations that night, but those sales never took place, he testified. Instead, the focus shifted to trying to get the banks to hold off on their margin calls. Becker testified that, on the evening of March 24, 2021, Archegos had $1.7 billion in excess cash available but expected margin calls exceeding that amount by $13 billion the next day. 

https://www.swissinfo.ch/eng/morgan-stanley-was-angry-as-archegos-fell%2c-witness-says/78249779

 

See ( ) here >>20876474 pb Jefferies Risk Manager Balked at Archegos Cash Plea: ‘What’s the Emergency?’