SEC Chair Gary Gensler: “Though I’m not suggesting that such individual funds areas large as today’s largest banks, as noted in the Federal Reserve’s recent Financial Stability Report, the largest hedge funds by gross asset value have at times on average exceeded 20-to-1 leverage.

by Dismal-Jellyfish https://www.sec.gov/news/speech/gensler-honest-unbiased-investment-management-05192023#_ftn10 SEC Chair Gary Gensler in speech “Honest and Unbiased Investment Management”: Remarks before the Inaugural Conference on Emerging Trends in Asset Management Highlights Private Funds: Today, nearly 75 years later, the private fund industry has grown to …

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Genevieve Roch-Decter: The FDIC took a $13 billion loss on the deal, while JP Morgan will gain $2.6 billion Does the government really need to subsidize the largest bank in the world?

Source: https://t.co/iwVahYs986 — Genevieve Roch-Decter, CFA (@GRDecter) May 18, 2023 The government: "We have to be careful of letting a few banks control the entire economy" Also the government: Invites the CEOs of the largest banks to a private meeting …

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Biden’s Inflation Nation! REAL Weekly Wage Growth Negative For 25 Straight Weeks, REAL Home Price Growth At -3.5% YoY As M2 Money Growth At -4.1% YoY (Largest Drop In REAL Home Price Growth Since 2012)

by confoundedinterest17 I wish Biden would spend more time trying to negotiate with McCarthy to end the debt crisis rather than stir up race hatred like he did at Howard University graduation. C’mon Joe! White “supremacy” is not the most …

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The Largest Landlord in the US

by Martin Armstrong Anyone familiar with the housing market conditions post-pandemic knows that cash buyers and institutions consistently outbid the average buyer. I know a realtor who has spoken primarily to consultants working on behalf of companies, and they’re willing …

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Whistleblower Alert! SEC Issues Largest-Ever Whistleblower Award nearly $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions.

by Dismal-Jellyfish https://www.sec.gov/news/press-release/2023-89 The Securities and Exchange Commission today announced the largest-ever award, nearly $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. This is the highest award in the …

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