2823170 pb
Those three represent the proxy for the FED. They use the inventory of assets in those firms as there counter-party. When they even bother to follow the actual regs.
It's no coincidence that the big banks are have screamed about having prop trading back. Truth is, it never left. Most were given waivers from Dodd-Frank that run out this year.
They never removed them…they just filed paperwork and make structural changes to make it appear it was done.
Bluffdale Utah.
This was a serious topic of discussion by many traders when we first got wind of this being built. It was around the same time that the hedge-funds figured out how truly screwed they were holding massive blocks of stock that were essentially illiquid pieces of paper if attempted to be traded in any size.
That was in 2006 right as the machines took all the humans out of the flow. The options markets were targeted first as the algos were tested on small markets. This was a demonstratable and cheap way to restrict order flow by changing the bid/ask offers in penny increments as the orders were clicked into the system (AI keyscore). If you were stupid and used a market order you were never alerted to this game.
If any of you traded options in starting in 2006 with limit orders you saw this. It was the test phase of unleashing it upon the entire market.
Ever wonder why all of these large institutional holders NEVER sell much?
THEY CAN"T.. Any attempt at selling size would result in an automatic shutdown of the stock per trading rules. It would then start the downward cycle of /open/close/open/close etc throughout the days/weeks ahead.
These institutions are trapped, know it and can do little about it.
Go ahead…sell a large chunk of anything…impossible unless a pre-arranged deal made that hits tape shortly before close.
From how I read this it would seem that every president since Poppy and quite possible Reagan was under investigation while the SC picks were made and confirmed.
Bubba, Shrub, Hussein…..
Total and complete remake of the ENTIRE SC is in order if any of the appointments were made while under any investigations.
Now whether those investigations were made public is the story.
How many people in POTUS cabinet were under investigation upon appointment to team starting in Jan 2017?
Those will be gone too. That was part of the plan.
POTUS can simply claim "I was never informed that these people were under any investigations that would preclude them from the office to which I have appointed them".
INSTANT HOUSECLEANING
Kavanaugh is the connection that allows Vince Foster's dealings (bagman etc) to be "highlighted". He was also very much part of Kenneth Starr's team.
Don't know what his deal is now but you could not pick a more plain 'vanilla' guy than this.