Tyb
Vertiv Holdings Co. sold by Philip O’Doherty-Managing Director:$252.97m-May 23-4 reported May 28
2,431,793 shares-May 22/3 reported May 28th
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial. Some of its main offerings include liquid cooling solutions for data centers, complete power management, and thermal solutions.
Philip O’Doherty is the Managing Director of E+I Engineering, he is responsible for the management of E+I Engineering portfolio of power distribution solutions including Busbar Trunking, Switchgear, Energy Management and Modular Power Solutions.
Philip has over 3 decades of experience in the engineering industry, starting his career at Dupont where he worked for 5 years before embarking on his entrepreneurial journey. In 1986 Philip set up his own business manufacturing electrical switchgear and control systems, that business was E+I Engineering. Philip has played a fundamental role in growing the business from its small beginnings, now operating on a global scale with manufacturing locations in Ireland, UK, US and UAE.
Philip holds a degree in Electrical and Electronic Engineering from Queens University Belfast.
https://www.vertiv.com/en-us/about/about-vertiv/executives/philip-o-doherty/
Insider Trading: Vertiv Holdings’ Insider Sells Shares Worth $253M
https://www.msn.com/en-us/money/companies/insider-trading-vertiv-holdings-insider-sells-shares-worth-253m/ar-BB1ngzPq
Sale sauce
https://finviz.com/insidertrading.ashx?oc=1890462&tc=7&b=2
He also just gave Moldova $135m to “combat muh Russian aggression”
>>20934060 pb
US pledges $135 million in aid to Western-leaning Moldova to counter Russian influence
https://www.msn.com/en-us/news/world/blinken-pledges-135-million-in-us-aid-to-moldova-to-counter-russian-influence/ar-BB1ngECE
Right after that incident is when our military was sent to Central America LARGE.
Debt had been shoveled into Central and South America since the oil “crisis” in the early 70s that culminated with Kissinger’s deal with the Arabs to create muh Petro $.
They used the country grieving over the space shuttle as a cover.
Poppy Bysh was in control of that as well.
The money was already there via the Latin America debt buildup that became a crisis and that was largely Wells Fartgo and Shitibank
That sowed the seeds for what we have now.
Latin American Debt Crisis of the 1980s
During the Latin American debt crisis of the 1980s—a period often referred to as the “lost decade”—many Latin American countries became unable to service their foreign debt. The Federal Reserve and other international institutions responded to the crisis with a number of actions that ultimately helped alleviate the situation, albeit with some unintended consequences. The Origins of the Debt Crisis
During the 1970s, two large oil price shocks created current account deficits in many Latin American countries. At the same time, these shocks created current account surpluses among oil-exporting countries. With the encouragement of the US government, large US money-center banks were willing intermediaries between the two groups, providing the exporting countries with a safe, liquid place for their funds and then lending those funds to Latin America (FDIC 1997).1
Latin American borrowing from US commercial banks and other creditors increased dramatically during the 1970s. At the end of 1970, total outstanding debt from all sources totaled only $29 billion, but by the end of 1978, that number had skyrocketed to $159 billion. By 1982, the debt level reached $327 billion (FDIC 1997).
The potential risk of the growing involvement of US banks in Latin American and other less-developed country (LDC) debt didn’t go unnoticed. In 1977, during a speech at the Columbia University Graduate School of Business, then-Fed Chairman Arthur Burns criticized commercial banks for assuming excessive risk in their Third World lending (FDIC 1997). Still, by 1982, the nine largest US money-center banks held Latin American debt amounting to 176 percent of their capital; their total LDC debt was nearly 290 percent of capital (Sachs 1988).
The near-zero real rates of interest on short-term loans along with world economic expansion made this situation tenable in the early part of the 1970s. By late in the decade, however, the priority of the industrialized world was lowering inflation, which led to a tightening of monetary policy in the United States and Europe. Nominal interest rates rose globally, and in 1981 the world economy entered a recession. At the same time, commercial banks began to shorten re-payment periods and charge higher interest rates for loans. The Latin American countries soon found their debt burdens unsustainable (Devlin and Ffrench-Davis 1995).
The spark for the crisis occurred in August 1982, when Mexican Finance Minister JesĂşs Silva Herzog informed the Federal Reserve chairman, the US Treasury secretary, and the International Monetary Fund (IMF) managing director that Mexico would no longer be able to service its debt, which at that point totaled $80 billion. Other countries quickly followed suit. Ultimately, sixteen Latin American countries rescheduled their debts, as well as eleven LDCs in other parts of the world (FDIC 1997).
In response, many banks stopped new overseas lending and tried to collect on and restructure existing loan portfolios. The abrupt cut-off in bank financing plunged many Latin American countries into deep recession and laid bare the shortcomings of previous economic policies, described by former Federal Reserve Governor Roger W. Ferguson, Jr. as based on “high domestic consumption, heavy borrowing from abroad, unsustainable currency levels, and excessive intervention by government into the economy” (Ferguson 1999).
moar
https://www.federalreservehistory.org/essays/latin-american-debt-crisis
Ask me if I care about anything you say next
Reading and it’s comprehension isn’t a trait you have.
“save those Whaaaaaaaaales”
“shoot the seals”
>>20925996, >>20927448 >>20934882 pb
PF: TITAN25 E4B Nightwatch left Elmendorf after a ground stop and heading to Singapore to meet w/ Chyyyna