Wirecard’s €1.9bn hole deepens after forgery claim. Philippine banks say German payments firm isn’t a client. Shares plummet for a second day, falling as much as 25% below €20.

https://www.bloomberg.com/amp/news/articles/2020-06-19/bdo-unibank-says-it-s-one-of-banks-involved-in-wirecard-probe?sref=61mHmpU4&__twitter_impression=true Wirecard AG shares continued their free-fall, dropping a further 45% after the two Asian banks that were supposed to be holding 1.9 billion euros ($2.1 billion) of missing cash denied any business relationship with the German payments company. Wirecard …

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Atlanta Police Dispatch – Zone 6: “If you have any items inside the (police) precinct, retrieve them now – We’re losing weapons.

Atlanta Police Dispatch – Zone 6 East: “If you have any items inside the (police) precinct, retrieve them now.” https://www.broadcastify.com/webPlayer/30453 That message just went out. About to be taken over by rioters/looters? Update #1: “We’re losing weapons from the precinct.” …

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I’m going to go ahead and call it – The Democrat convention is going to must see TV.

by schism Technically-challenged Democrats are *planning to plan* a technically-intensive “Virtual Convention”, complete with live-streams in multiple cities and hours of propaganda they haven’t created yet – in 59 days.     Source: https://keyt.com/politics/2020/06/18/joe-biden-will-accept-democratic-presidential-nomination-in-milwaukee/   Disclaimer: This is a guest post …

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The left doesn’t understand what hypocrisy is.

by 10gauge In case people don’t know, Paul Howard (the DA pictured) has actively been under criminal investigation for stealing state funds to supplement his salary: https://www.ajc.com/news/local/gbi-opens-probe-fulton-paul-howard-over-use-nonprofit-funds/cgSq6UgzmHbCfGNJcxMJ6O/ He’s also up for re-election and doing poorly. This is political (obviously). He’s …

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Atlanta now… Atlanta police shortages continue for second day – Every APD officer to receive $500 bonus

https://www.broadcastify.com/webPlayer/30453 https://www.broadcastify.com/listen/feed/18812 Every Atlanta Police Department officer to receive $500 bonus ATLANTA – Every officer of the Atlanta Police Department will receive a $500 bonus Thursday paid for by the Atlanta Police Foundation, the organization confirmed to FOX 5. The bonus is a thank …

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Do Not Sell My Personal Information

Your California Privacy Rights & Do Not Sell My Personal Information The California Consumer Privacy Act (CCPA), also known as AB-375, provides California residents with the following rights (the following is copied from https://leginfo.legislature.ca.gov/):  The right of Californians to know what …

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Capital is shifting on rising wave 2 risk…

Our Index of At-Home equities is back at the March highs relative to the S&P 500. Capital is shifting on rising wave 2 risk… pic.twitter.com/La81beddXP — The Bear Traps Report (@BearTrapsReport) June 18, 2020 https://twitter.com/NorthmanTrader/status/1273670155533418497 https://twitter.com/Fxhedgers/status/1273426389627056128 TEXAS VIRUS CASES JUMP …

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Shedlock: The Myth of the V-Shaped Recovery in One Chart

by Mike Shedlock Retail sales surged in May but manufacturing is another story. The Fed’s Industrial Production and Capacity Utilization puts a big negative spotlight on the emerging V-shaped recovery thesis. Industrial Production Highlights Industrial production increased a weaker than expected  1.4% …

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