It’s margin call day everywhere, wow

Guess where is it going now pic.twitter.com/MyIKI8Qo8O

— Alessio (@AlessioTMAD) March 24, 2020

https://twitter.com/disclosetv/status/1242499620170760193

They spoke of minus 25% GDP after 2 years and a recession comparable to the Great Depression https://t.co/0UdjhyIlhn

— Richard Werner (@scientificecon) March 24, 2020

This headline was only a matter of time, and probably not the last one …

*BROKERAGE ED&F FACES MOUNTING MARGIN CALLS ON MORTGAGE STRESS

— Jim Bianco (@biancoresearch) March 24, 2020

it's margin call day everywhere, wow

*MFA FINANCIAL RECEIVED AN UNUSUALLY HIGH NUMBER OF MARGIN CALLS; DID NOT MEET MARGIN CALLS AS OF MARCH 23 AND DOESN'T EXPECT TO FUND FUTURE MARGIN CALLS

— Brian Chappatta (@BChappatta) March 24, 2020

Mortgage Capital -51% pic.twitter.com/idNHtsFr5J

— Alessio (@AlessioTMAD) March 24, 2020

If these fuckers get bailed out, I will know that there is no limit to the robbery we are witnessing before our very own eyes. Let them bankrupt, seize all assets including those of boar members

BOEING CEO SAYS IF THE GOVT WANTS A STAKE IN THE COMPANY, HE DOESN'T WANT IT'S HELP

— xTrends (@xtrends) March 24, 2020

$425M in World Bank Catastrophe Bonds Set To Default If Coronavirus Declared A Pandemic By June

In 2017, the World Bank designed a new way to raise money: Pandemic Emergency Financing bonds. Over $425 million worth of such bonds, which bet against a global outbreak of infectious diseases and will default if WHO declares the coronavirus a pandemic, were sold by the World Bank in its first-ever issuance of catastrophe bonds. In the event of no pandemic, investors would be paid a healthy annualized return. Meanwhile, the World Bank could use the bonds to insure itself against the risk of a global outbreak.

“As an investor, we do not want to lose money,” said Chin Liu, a portfolio manager at Amundi Pioneer, a Boston-based firm that purchased the bonds as a way to diversify the company’s $1 billion catastrophe fund. “But then, we also understand if it’s unfortunately triggered, it benefits every single person, including ourselves, to keep the virus controlled.”

https://www.washingtonexaminer.com/news/425m-in-world-bank-catastrophe-bonds-set-to-default-if-coronavirus-declared-a-pandemic-by-june