tyb SNIPER with tha tap tap
You my nigga faggot. Great day. Muh Pension!
has to be. Kind of went WTF and now it's ok. Slow down ebot and the other's for sure.
Fabrice Tourre: The Man Who Created The CDO Designed To Fail And Convinced Investors To Buy It
(from 2010)
In the stunning new charges against Goldman, the SEC has named Fabrice Tourre, a VP at the firm, as one of the members involved in creating and selling the crappy investment, Abacus 2007-AC1.
Apparently Tourre, who is only 31 years old, is charged with creating a CDO filled with the riskiest mortgage bonds so that John Paulson could bet against it.
Tourre, on behalf of Goldman, allegedly let Mr. Paulson select mortgage bonds that he wanted to bet against.
These are the specific charges:
He structured the transaction
He prepared the marketing materials
and he allegedly misled investors.
From the SEC doc: Tourre allegedly knew of Paulson's undisclosed short interest and role in the collateral selection process. In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.'s interests in the collateral selection process were closely aligned with ACA's interests.
So BASICALLY: they claim Tourre told investors in ACA that Paulson was just shorting Abacus as a hedge. nothing about Paulson. When in fact, he picked the mortgage bonds to go in ABACUS and he was short ABACUS.
Check out this quote from Fabrice in 2007:
"More and more leverage in the system, The whole building is about to collapse anytime now…Only potential survivor, the fabulous Fab[rice Tourre]…standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstruosities!!!"
He apparently is a former student of:
Stanford University
Centrale Paris
Lycée Louis Le Grand
Lycée Henri IV
Lycée Marie Curie
https://www.businessinsider.com/henry-blodget-fraud-fallout-fabrice-tourre-is-toast-goldman-will-be-fine-2010-4
Mexican Senate passes labor bill, key to approving new NAFTA
MEXICO CITY (Reuters) - Mexico’s Senate approved a bill to strengthen the rights of trade unions on Monday, one of the final steps towards enacting a law that Democratic U.S. lawmakers have insisted must pass before they can proceed to a vote on the revamped North American trade pact.
The bill, which was passed by the lower house earlier in April, enshrines the right of Mexican workers to organize and gives them more control over their contracts.
House Speaker Nancy Pelosi, a Democrat, had called on Mexico to enact the legislation, saying U.S. Congress could not even begin to take up the pact unless Mexico put the new law in place.
Democratic lawmakers say the new United States-Mexico-Canada Agreement (USMCA) must ensure workers in Mexico have the right to unionize, a step that requires new labor laws.
They argue a major weakness of the 25-year-old North American Free Trade Agreement, which USMCA would replace, is that it allowed Mexican wages to stagnate.
The legislation now heads to Lopez Obrador, who has previously voiced his support for the measure, for his signature.
https://www.reuters.com/article/us-usa-trade-usmca-mexico/mexican-senate-passes-labor-bill-key-to-approving-new-nafta-idUSKCN1S601P?il=0
I think that's the idea. They were testing something earlier 'cause I noticed the reset when you go down to enter code in lb. Then it said I did not enter one at start of this bread. And voila! now we have every post.
this music reminds me of…..