by 9mmNATO $310 billion total for PPP, with $250 billion unrestricted and $60 billion set aside for smaller institutions $50 billion for EIDL loans and $10 billion for EIDL grants $75 billion for hospitals $25 billion for testing, $11 billion of which will be distributed to states $2.1 billion for Small Business Administration administrative expenses … Read more
by goldenj234 These Are the Public Companies That Got Small Business Loans (WSJ) Ruths Hospitality Group Inc. $20,000,000 J. Alexander’s Holdings. Inc. $15,100,000 Shake Shack Inc. $10,000,000 (Returning the money) Fiesta Restaurant Group Inc. $10,000,000 Quantum Corp. $10,000,000 Potbelly Corp. $10,000,000 Gulf Islanda Fabication, Inc. $10,000,000 Broadwind Energy, Inc. $9,500,000 Zagg Inc. $9,443,728 Air T … Read more
by thirtydelta Unless something has changed, ETFs are required to be legally separate from the company, and assets are held by a third party custodian. In theory, the ETF should be mostly unaffected. From ProShare’s documentation. If an ETF sponsor goes bankrupt, the fund will either continue to be managed by a different adviser or will … Read more
We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future! We will never let the great U.S. … Read more
https://finance.yahoo.com/news/gm-ford-face-billions-losses-135232626.html There is nothing the Fed can do about these problems, and as collateral continues to deflate, credit markets will increase their distress. This is the 3rd in a series of Posts that highlight the deterioration of collateral in the credit markets. 1st we had CMBS reporting that delinquencies are sending many loans to special … Read more
People Are Protesting Everywhere! But You’re NOT Hearing This…
by voodooshrimps I posted this link corona virus Facebook very kindly informed me I was wrong. As of 2019 79% of the us population uses Facebook. This presents a massive influence on the information people view as real or fake. This isn’t news to most of us, but it is upsetting to see this, control the … Read more
Journalist David Dayen speaks with Cenk Uygur on The Conversation about banks seizing stimulus checks.
by Fabius Maximus Summary: The Left has been winning since the 1970s. Now their war on us enters the pursuit phase of battle, the last phase. Their success results from a powerful but unmentioned alliance. The next battles will help determine America’s course for the 21st century. Leftists celebrating their generations of victories. By Rawpixel.com – … Read more
Hundreds of millions of dollars of Paycheck Protection Program funds have been claimed by large, publicly traded companies. In fact, the U.S. government has allocated at least $243.4 million of the total $349 billion to publicly traded companies, according to Morgan Stanley. Several of the companies have market values well in excess of $100 million, … Read more
https://twitter.com/TVNewsHQ/status/1252468667452985347 CNN viewers are mindless and believe what they are told #mkultra AC
https://twitter.com/QAnonNotables/status/1252385906486468610
by Simon Black Nearly seven centuries ago in the mid-1300s, the first major outbreak of the Bubonic Plague forced Europeans into some of the harshest social distancing measures in history. As Boccacio wrote in The Decameron in 1353, the hysteria was so extreme that “brother abandoned brother. . . fathers and mothers refused to see and … Read more
By Irina Slav After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating. U.S. oil companies have different production costs and different debt burdens, and the most vulnerable are those that have borrowed heavily in anticipation of higher prices, former … Read more
By Tsvetana Paraskova Trading has been halted for the USO Fund LP that was responsible for sending WTI May crude futures into negative territory on Monday. The United States Oil Fund LP (NYSEARCA: USO) – an ETF for crude – said in an SEC filing on Tuesday it was suspending the ability of the USO Authorized Purchasers … Read more
Neiman Marcus is filing bankruptcy this week. https://www.tmz.com/2020/04/19/neiman-marcus-to-file-for-bankruptcy/ JCPenney to file bankruptcy soon https://www.forbes.com/sites/walterloeb/2020/04/17/pandemic-bankruptcies-threatens-jcpenney-neiman-marcus-and-many-others/#18bdecbb4b10 Hertz to file bankruptcy soon https://www.winknews.com/2020/04/16/reports-estero-based-hertz-could-face-bankruptcy/ Frontier Internet to file bankruptcy soon https://www.bloomberg.com/news/articles/2020-04-14/frontier-said-to-prepare-bankruptcy-ahead-of-april-15-payment AMC to file bankruptcy soon https://www.vanityfair.com/hollywood/2020/04/amc-bankruptcy-reports UPDATE: 24 hour fitness United States of America Jimbpys tacos More Wisconsin farmers filing for bankruptcy https://www.wbay.com/content/news/More-Wisconsin-farmers-filing-for-bankruptcy-569628591.html https://www.dailyjobcuts.com/ AC
De Blasio Says NYC Will Hold Ticker Tape Parade After Pandemic Ends NEW YORK (WCBS 880) — New York City Mayor Bill de Blasio announced that he plans to throw a ticker tape parade in the Canyon of Heroes to honor health care workers and first responders once the coronavirus pandemic is over. “We will honor … Read more
Danielle DiMartino Booth interviewed by Dunagun Kaiser on Reluctant Preppers Former advisor to the Federal Reserve, founder of Quill Intelligence, and author of, “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America,” Danielle DiMartino Booth, returns to Liberty and Finance to follow-up on her last visit in November 2019, where she predicted that we … Read more
by axolotl_peyotl Let’s be clear…the pandemic didn’t cause the economy to crash. The tyrannical and draconian commands from governments and people willing to obey those commands crashed the economy. source Even the most authoritarian of all regimes, the U.N., is warning about the upcoming death toll due to the economic destruction by governments. The United … Read more
by Chris Martenson of Peak Prosperity Have you read the recent studies claiming that many more people have or have recovered from the coronavirus than are counted officially? So have we. It’s great news, right? It suggests that the fatality rate is MUCH lower than currently calculated and we’re making progress towards national herd immunity, right? Not so … Read more