FICC Alert! Proposed rule to amend the Mortgage-Backed Securities Division Clearing Rules to move certain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, and more.

by Dismal-Jellyfish This looks, to my non-lawyer brain, to be a way to reduce the member’s margin requirement. These mark-to-market items and others are moved from “Required Fund Deposit” so they won’t count against the margin requirement, as stated here: …

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Child Groomers Strike Again

by Chris Black UK theater runs “family sex show” featuring full nudity for children as young as five years old. “Sexual development and behavior in children starts from birth” “We are hoping the show offers an alternative to porn” “It’s …

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NWO Elites LARP as Refugees at Davos Meeting

by Chris Black Elites get their privilege checked at Davos by LARPing as refugees and getting abused by fake border guards. This extravaganza supposedly keeps them in line with globalist ideology and increases their empathy. Leftists are pretending to be …

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Little Known Facts About Elon Musk

by Chris Black People still believe Elon Musk built PayPal. He didn’t build PayPal. He bought PayPal and sold it to Ebay. The company was never profitable. Just like how he made his first small fortune. He bought a video …

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Bitcoin Is Not What You Think

by Chris Black The mainstream view on cryptocurrencies and blockchain technology is that it will bring you freedom. However, the truth is obviously the exact opposite of what’s advertised. So freedom is owning a tiny portion of something that a …

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