Pelosi has sold another 20,000 shares of Visa, totaling ~$4M Back in 2008, Visa offered her husband a “VIP cut of the IPO” at $11/share. Since then, $V is up ~1900%

Trading History: Bought pre IPO – 80K shares @ $11/shareBought 3/25/08 – 40K shares @ $16/shareBought 6/4/09 – 20K shares @ $21.50/shareSold 5/8/20 – ~$1M @ $185/shareSold 6/21/22 – ~$3M @ $194/shareSold 11/8/22 – ~$3M @ $201/share *all post stock …

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Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech: “We are currently evaluating whether the supervisory stress test that is used to set capital requirements for large banks reflects an appropriately wide range of risks.”

Source: https://www.federalreserve.gov/newsevents/speech/barr20221201a.htm In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory …

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“Baal-enci-aga” Literally Means “Baal The King”

by Michael This rabbit hole just keeps on getting even deeper.  Earlier today, I was contacted by two individuals that had heard about another twist on the Balenciaga controversy.  As I detailed earlier this week, extremely disturbing Balenciaga photographs that prominently …

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Blackstone limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge of redemption requests

by silvertomars Closing the gates and leaving investors with illiquid positions they can’t redeem. Investors fear Blackstone has been slow to mark down valuations. Asset panic leading to liquidity problems, hmm. I do believe I have seen this before. https://www.reuters.com/business/finance/blackstone-limits-redemptions-69-billion-reit-2022-12-01/ …

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CREDIT SUISSE is the next Bear Stearns?

CREDIT SUISSE IS EXAMINING WAYS TO ACCELERATE COST CUTS AS REVENUE OUTLOOK DETERIORATES, LIKELY TO INCLUDE MORE JOBS THAN PREVIOUSLY ANNOUNCED FOR FIRST WAVE – SOURCES. $CS — FinancialJuice Stocks (@FJ_Stocks) December 1, 2022 Meanwhile credit suisse… pic.twitter.com/AXJEFn07Am — Alessio …

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Will You Try Elon’s Brain Chip?

by Chris Black This is it, boys. Once the human race steps through this threshold there is no going back. Nothing but a future of complete subservience is ahead of us. Elon Musk said on Wednesday he expects a wireless …

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400% Increase In Job Cuts In November

by confoundedinterest17 As soon as Bidenflation started soaring with his war on fossil fuels and manic Federal spending, we saw The Federal Reserve starting to remove the excessive monetary stimulus, but Congress didn’t cancel its spending spree. We ADP jobs report …

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