Brian Thompson, the UnitedHealthcare CEO, was murdered by a hitman in New York. Here is the story of the deceased, a story CNBC has barely acknowledged.
“Life and Politics” is a separate tab on this website because after Trump was elected in 2016, I was concerned that political opinions were crossing the line into financial markets. I wanted to keep the two worlds apart.
That year, while in Cuba, I met a team of executives who managed the Shanghai Tower, the world’s second-tallest skyscraper. Their team leader, a corporate director with a Wharton MBA, dismissed my argument that I might somehow avoid Castro politics in developing Havana real estate. She said, “Politics is in everything, everywhere.” I felt scolded, but I knew she was right. I was being naive.
Regardless of our attempts to avoid it, politics is everywhere. It’s just that, along with Trump, politics has entered the worlds of law and order, military service, education, healthcare, business, and financial markets to a degree we have not seen before.
Today, a senior New York City law enforcement officer confirmed that the shell casings from the hitman who executed the UnitedHealthcare CEO Brian Thompson had the words “deny,” “defend,” and “depose” written on them.
That’s politics raising its ugly head again, this time at the intersection of law and business.
It’s always there, but with Trump 2.0, I fear the problem will worsen. We cannot deny it. As investors, we must deal with reality, even when we don’t want to.
The price of Bitcoin has reached $100,000, a figure I find absurd, akin to the $6.2 million paid this month at an art auction for a banana taped to a wall.
This infamous “art piece” was bought by a cryptocurrency billionaire who, more than many, understands Bitcoin’s true value. In my view, Bitcoin is largely a joke; its valuation is as ludicrous as spending millions on that banana.
Despite the counterarguments from the crypto crowd, I also maintain that Bitcoin is the cornerstone of the global money laundering industry. One day, I’ll make that argument.
Moreover, I am concerned about the potential for money-laundered and seemingly worthless cryptocurrency to influence politicians, much like the $6.2 million thrown away to buy a banana, another example of the misuse of power.
I have begun my hunt for 2X Bull etf’s to build a nice short position. Most at this time I am not able to borrow any shares to short, which is telling. Time will tell, and as you say stories will be written. A Hunting I go….
Baz–take look at GILT, any opinion of yours? i brought 200 @ 6.14 may add more if it goes down One of the Bio itrack–BLUE up 80% today, i sold long ago and don’t own any, but do tract it, right time may enter it trying to find Info– why CYCN is up 320% today
Gilt ‘ Quant ‘ rating is good… Winning many small defense contracts globally… “Even though SpaceX has tremendous launch and scale advantages, we do not believe that satellite communications is a winner-take-all market; operators seek redundancy, and many governments desire sovereign networks. We believe Gilat is in position to be involved with the OneWeb second-generation network. Stellar Blu acquisition positions Gilat to capture a significant portion of the LEO aviation antenna market,” William Blair wrote in their September 26 note.
“Gilat winning a few of the large prospects in the pipeline could lead to the multiple doubling… We forecast that Gilat in 2025 will achieve revenue of $465 million on 8% organic growth with $33 million of free cash flow,” William Blair added.
The CEO was murdered entering an investor day meeting in NYC just before 7 am ET. Note how the stock opened at 9:30 am. This is evidence of Wall Street protecting its capital, trying to support the accounts of friends and family. More reason for my calling Wall Street the enemy.
Observing how powerful people react to unexpected events is critical to understanding markets.
As the case of the UnitedHealth Group CEO murder was happening, CNN and Bloomberg were on top of the news. As CNN was calling this targeted murder of a Wall Street titan —the CEO of the Dow 30’s eighth largest company— “Unbelievable,” CNBC barely mentioned it. All morning, their anchors were giddy about Dow stocks all in the green.
Investors must understand which parties are serving the public and which are serving themselves.
Wall Street and its toadies like CNBC will always serve their own interests first and foremost.
Internet theories are abound. From turned down policy holder families to the husband of a woman he was having an affair with in nyc.
To be honest. My attention is how can a man shoot another three times with a jammed gun. Then walk 4 blks? Get on a citibike and cross into central park with no one chasing him?
NYC has become the wild wild west.
Even at 6:30am that area is busy and near the Rockefeller center Tree.
Haha, yes. All the former virologists & Cov-19 experts who then became Ukraine War experts are now turning into crime scene experts.
To me, I do not think the failure for the rounds to cycle was unintentional. I think he was using subsonic rounds which would not generate enough pressure to automatically cycle the action. This would require him to manually slide, which it appears he was prepared for.
was at peasants lane mall in Nashua NH yesterday evening, usually mall is crowded nears Christmas time, hardly any traffic, most store has no customers, everyone is buying online?
An ebb tide lowers all boats regardless of the captain.
I use StockCharts.com to compare mutual fund performance against my portfolios. I monitor the weekly performance data and technical charts of almost all the Mutual Funds sold by the top 12 US broker-dealers.
My mutual fund list, including the number of funds I monitor for each company, totals 1197: BlackRock (83), Fidelity (392), Goldman Sachs (106), ING (13), JPMorgan (64), Merrill Lynch (57), Morgan Stanley (43), Schwab (32), T. Rowe Price (130), USAA (32), Vanguard (199), and Wells Fargo (46).
It’s surprising how many funds have losses in 2024, a blockbuster year for gains. For instance, at the beginning of December, BlackRock had 32 of 83 down or flat over 3 months (38.6%) and 12 (14.5%) down over 6 months.
For the Cara 100, 23 (23.0%) were down over the past three months.
Imagine a superhighway…… “Imagine a technology that fuses photonic and electrical components together on a single chip. That’s the promise of the POET Optical Interposer™ – a platform developed by POET Technologies that enables devices on a chip to communicate with one another using both electrical signals as well as light signals (which are faster and more efficient for data transfer).
The applications are far-reaching, and include artificial intelligence (AI), cloud computing, and data centers, where vast amounts of data are often being processed at one time, and speed is of the essence.
The Optical Interposer combines electronics and photonics pre-wired at wafer scale (that is, during the very early stages of chip manufacturing) and aligns them in order for them to function together.
Doing this is ordinarily difficult, expensive, and time-consuming, but POET’s approach uses ‘passive alignment’ to help bypass many of the challenges. That means faster, more efficient transfer of data at lower power.
Unique Features:
Scalability: It can grow with advancing technologies. Whether it’s for 100G, 200G, or 400G data speeds, the platform adapts without needing a complete redesign, making it future-proof. Cost Efficiency: By integrating components at the wafer level, the Optical Interposer reduces production steps and materials, cutting down on costs compared to traditional methods. Low-Power Usage: Because it uses light to transfer data, it consumes less energy than conventional electronic methods, which is especially beneficial for big data centers. High Performance: Its design allows for superfast communication, making it ideal for heavy-duty applications like AI and networking. Essentially, POET’s Optical Interposer is like building a superhighway upon which the cars (DATA) can travel faster and use less fuel, and the highway itself can be expanded as needed. This innovation will likely be vital across AI, cloud computing, and even autonomous vehicles”
President Yoon Suk Yeol announced the need to root out “pro-North Korean, anti-state forces” he claims are paralyzing the government and threatening the country’s stability. He stated, “To safeguard a liberal South Korea from the threats posed by North Korea’s communist forces and to eliminate anti-state elements… I hereby declare emergency martial law.” General Park An-soo has been appointed “martial law commander. Tanks are on the streets, and tourists are advised to stay inside hotels.
The opposition party, which effectively controls the legislature, says the President was expecting proceedings for impeachment against him, and the parliament is not doing what he wanted.
KRW ‘s been weak since 1998 during the so-called IMF crisis also known as the Asian financial crisis. In my time, normal rate was between 700-800 won to the dollar, that year we were getting close to 1800 won per dollar. Its never recovered. I’d move there if they allowed immigration for retirees.
Slow but constant progress by Aidan Mills to build a North American-wide network of roof shingle processing facilities. Much of the financing will come from agreements on both the in-take and off-take part of the business. Demand is proven. The technology is proven and patented. The Operating Margin per facility will be large. Over the next 10 and 20 years, the company’s Net Profit Margin will be huge. Management is experienced, skilled, and prudent. This is the type of company that Warren Buffett would buy and hold.
If and when I discover an investment opportunity like this company, I’ll gladly present it. But, for serious investors, I have not seen anything better in decades.
If I were 25, this would be part of my retirement plan.
FD: I am 100% independent of this company. The CEO will confirm that I continue to ask the tough questions. He also knows that if I hear anything negative, I will write about it, which is why I don’t have many promoter friends.
Art starts his latest article with a statement I find somewhat dubious:
“Society worships technology and innovation as modernity’s saviors, but the evidence says otherwise. Productivity gains are better explained by increases in world oil supply than by clever humans and our inventions.”
In my mind, energy is an enabler of processes that were only possible through technological and innovative advancements. Efficient methods cause worker layoffs. The increase in production output at less cost is the definition of productivity. As humans find new ventures to employ the newly idle workforce—whether it’s industrial, commercial, or warfare—more energy is required. As one form of energy — humans included — becomes cost-ineffective, technology and innovation will lead to new forms of energy.
Cyber Monday online sales expected to hit $13.2 billion
Adobe expects consumers will spend a record $13.2 billion on Cyber Monday, Dec. 2, up 6.1% year-over-year from $12.4 billion. BNPL usage is expected to reach $993 million, a 5.6% year-over-year increase.
On Cyber Monday, Adobe predicts mobile devices will drive 54% of online sales, representing $7.1 billion in spend and up 14.5% year-over-year.
Meanwhile, Salesforce expects Cyber Monday will drive $51 billion in global sales and $13.5 billion in the U.S., up 5.3% from $48.4 billion globally and a 7.1% jump from $12.6 billion in the U.S in 2023.
Dave
December 2, 2024 10:11 pm
#43236
I try for a month hard to find how to use your site too much promotion pop up more than 30 wants me to subscribe can not find what you are posting on your site it say I have to install something like stack wish site was without promotion and clear and clean and only about market
Thanks. I emailed you. Please delete your comment above that has your email address for safety. And let me know you got my email with subject: “new subscriber onboarding”
best day for my stock trading account, , SMCX is up over 300% for me so is SMCI uop 200% and SMST, i duded more SMST, Like I said this weekend–brought 2X of all MEGA 7 and all of them up so did SOXL I added this morning, Now I am agonising–what to do? sell and run–take my money or let it run for a while, past experience is not good holding too long,
24 Exchange announced it received approval from the US Securities and Exchange Commission to operate 24X National Exchange, the first national securities exchange in the US that allows trading of US securities for 23 hours each workday.
Major journalism launch: The Hatchet 🪓 Canadians know @Arshy Mann and @Jordan Cornish from Canadaland’s COMMONS. With their new publication The Hatchet, they’ll examine and expose money and power in Canada. Their first episode lifts the lid off a long-running criminal enterprise at the heart of Bay Street. Listen and subscribe👇 https://open.substack.com/pub/hatchetmedia/p/canadas-criminal-bank?
I am pleased that independent media has picked up this important story.
I was on it as it happened.
Bill Cara( Bill Cara) August 22, 2024 1:06 pm #41092 Massive Anti-Money Laundering (AML) Charges to Come Against TD Bank. https://www.reuters.com/business/finance/td-bank-swings-quarterly-loss-26-bln-provision-tied-us-probe-2024-08-22/ The narrative seems to focus on weaknesses in the AML system, but a C$3 billion fine implies serious transactional matters. Transparency is required. The banking cartel must be prevented from hiding this matter behind the curtain. Securities regulators must provide a full report to the public. Otherwise, maybe the fine should be $10 billion or more. How would depositors and wealth management clients know if this bank can be trusted? If there are individuals involved in the wrongdoings, they, too, should be named and prosecuted. Otherwise, how would the industry and perhaps the clients know not to deal with them?
Bill Cara( Bill Cara) October 10, 2024 2:03 pm #42052 The cost of money laundering for the drug cartels. TD Bank is paying US$3 billion in fines related to drug cartel money laundering, which we know is really paid by shareholders and customers and not the bank’s perps. However, the loss of reputation is a larger cost as it will burden this bank for years.
Dave
December 1, 2024 2:30 pm
#43204
Dr. Parik Patel,… When Kashu and Vivek were small they would play together in the parking lot while I was working in the motel They were best friends growing up my wife would make them dosas all the time after school. Now they are working together to make America great Now Kashu is director of the FBI and Vivek is helping clean up the government with DOGE So proud of my son and his friends
Brian Thompson, the UnitedHealthcare CEO, was murdered by a hitman in New York.
Here is the story of the deceased, a story CNBC has barely acknowledged.
“Life and Politics” is a separate tab on this website because after Trump was elected in 2016, I was concerned that political opinions were crossing the line into financial markets. I wanted to keep the two worlds apart.
That year, while in Cuba, I met a team of executives who managed the Shanghai Tower, the world’s second-tallest skyscraper. Their team leader, a corporate director with a Wharton MBA, dismissed my argument that I might somehow avoid Castro politics in developing Havana real estate. She said, “Politics is in everything, everywhere.” I felt scolded, but I knew she was right. I was being naive.
Regardless of our attempts to avoid it, politics is everywhere. It’s just that, along with Trump, politics has entered the worlds of law and order, military service, education, healthcare, business, and financial markets to a degree we have not seen before.
Today, a senior New York City law enforcement officer confirmed that the shell casings from the hitman who executed the UnitedHealthcare CEO Brian Thompson had the words “deny,” “defend,” and “depose” written on them.
That’s politics raising its ugly head again, this time at the intersection of law and business.
It’s always there, but with Trump 2.0, I fear the problem will worsen. We cannot deny it. As investors, we must deal with reality, even when we don’t want to.
Perseus Mining with some impressive gold hits at the Nyanzaga project in Tanzania:
3.44 g/ton over 56-meters
3.72 g/ton over 114-meters
4.74 g/ton over 42-meters
3.99 g/ton over 41.6-meters
Has already three producing mines in Ghana and Ivory Coast, approx. 500k oz/year.
Mkt Cap about 2.3B. Has a lot of shares outstanding.
The price of Bitcoin.
The price of Bitcoin has reached $100,000, a figure I find absurd, akin to the $6.2 million paid this month at an art auction for a banana taped to a wall.
This infamous “art piece” was bought by a cryptocurrency billionaire who, more than many, understands Bitcoin’s true value. In my view, Bitcoin is largely a joke; its valuation is as ludicrous as spending millions on that banana.
Despite the counterarguments from the crypto crowd, I also maintain that Bitcoin is the cornerstone of the global money laundering industry. One day, I’ll make that argument.
Moreover, I am concerned about the potential for money-laundered and seemingly worthless cryptocurrency to influence politicians, much like the $6.2 million thrown away to buy a banana, another example of the misuse of power.
I have begun my hunt for 2X Bull etf’s to build a nice short position. Most at this time I am not able to borrow any shares to short, which is telling. Time will tell, and as you say stories will be written. A Hunting I go….
Deep dive in Northstar Clean Tech.
Baz–take look at GILT, any opinion of yours? i brought 200 @ 6.14 may add more if it goes down
One of the Bio itrack–BLUE up 80% today, i sold long ago and don’t own any, but do tract it, right time may enter it
trying to find Info– why CYCN is up 320% today
Gilt ‘ Quant ‘ rating is good… Winning many small defense contracts globally… “Even though SpaceX has tremendous launch and scale advantages, we do not believe that satellite communications is a winner-take-all market; operators seek redundancy, and many governments desire sovereign networks. We believe Gilat is in position to be involved with the OneWeb second-generation network. Stellar Blu acquisition positions Gilat to capture a significant portion of the LEO aviation antenna market,” William Blair wrote in their September 26 note.
“Gilat winning a few of the large prospects in the pipeline could lead to the multiple doubling… We forecast that Gilat in 2025 will achieve revenue of $465 million on 8% organic growth with $33 million of free cash flow,” William Blair added.
“
https://www.timothysykes.com/news/cyclerion-therapeutics-inc-cycn-news-2024_11_27/
Bluebird…. Reverse split AND big offering coming up… Not for me
** https://finance.yahoo.com/news/fda-probes-potential-life-threatening-130723909.html
Any ‘ black box ‘ warning stay the hell away
UnitedHealth Group (UNH) CEO murdered.
The CEO was murdered entering an investor day meeting in NYC just before 7 am ET. Note how the stock opened at 9:30 am. This is evidence of Wall Street protecting its capital, trying to support the accounts of friends and family. More reason for my calling Wall Street the enemy.
Observing how powerful people react to unexpected events is critical to understanding markets.
As the case of the UnitedHealth Group CEO murder was happening, CNN and Bloomberg were on top of the news. As CNN was calling this targeted murder of a Wall Street titan —the CEO of the Dow 30’s eighth largest company— “Unbelievable,” CNBC barely mentioned it. All morning, their anchors were giddy about Dow stocks all in the green.
Investors must understand which parties are serving the public and which are serving themselves.
Wall Street and its toadies like CNBC will always serve their own interests first and foremost.
Cooperating witness/FBI informant?
UnitedHealth Chair, Executives Sold $102 Million in Stock Before US Probe Became Public
https://archive.is/MV71c#selection-1335.0-1349.58
Internet theories are abound.
From turned down policy holder families to the husband of a woman he was having an affair with in nyc.
To be honest. My attention is how can a man shoot another three times with a jammed gun. Then walk 4 blks? Get on a citibike and cross into central park with no one chasing him?
NYC has become the wild wild west.
Even at 6:30am that area is busy and near the Rockefeller center Tree.
https://nypost.com/2024/12/04/us-news/video-shows-gunman-executing-brian-thompson-at-close-range-as-unitedhealthcare-ceo-stumbles-away/
Haha, yes. All the former virologists & Cov-19 experts who then became Ukraine War experts are now turning into crime scene experts.
To me, I do not think the failure for the rounds to cycle was unintentional. I think he was using subsonic rounds which would not generate enough pressure to automatically cycle the action. This would require him to manually slide, which it appears he was prepared for.
The imminent threat of a market crash.
I promised this article. Now happens to be a good time.
I have shared with my audience
was at peasants lane mall in Nashua NH yesterday evening, usually mall is crowded nears Christmas time, hardly any traffic, most store has no customers, everyone is buying online?
An ebb tide lowers all boats regardless of the captain.
I use StockCharts.com to compare mutual fund performance against my portfolios. I monitor the weekly performance data and technical charts of almost all the Mutual Funds sold by the top 12 US broker-dealers.
My mutual fund list, including the number of funds I monitor for each company, totals 1197: BlackRock (83), Fidelity (392), Goldman Sachs (106), ING (13), JPMorgan (64), Merrill Lynch (57), Morgan Stanley (43), Schwab (32), T. Rowe Price (130), USAA (32), Vanguard (199), and Wells Fargo (46).
It’s surprising how many funds have losses in 2024, a blockbuster year for gains. For instance, at the beginning of December, BlackRock had 32 of 83 down or flat over 3 months (38.6%) and 12 (14.5%) down over 6 months.
For the Cara 100, 23 (23.0%) were down over the past three months.
Note: I made major changes to the Cara 100 in September.
Most of my mutual fiend at fidelity (401K) has lower return in last three years than SPY and QQQ
Alamos Gold (AGI), Kinross (KGC), and Agnico Eagle (AEM) were up yesterday.
With gains between 3.8% and 4.5%, these three finished #3 , 4, and 6 of the Cara 100 today.
I believe martial law in South Korea played a role in the higher Gold price.
Gold futures are slightly negative this morning.
https://finance.yahoo.com/news/chinas-mineral-export-ban-raises-151827110.html
https://www.nasdaq.com/articles/1-semiconductor-stock-under-5-thats-outperforming-nvidia
https://www.globenewswire.com/news-release/2024/12/03/2991126/0/en/POET-Technologies-Completes-US-25-Million-Registered-Direct-Offering.html
Imagine a superhighway…… “Imagine a technology that fuses photonic and electrical components together on a single chip. That’s the promise of the POET Optical Interposer™ – a platform developed by POET Technologies that enables devices on a chip to communicate with one another using both electrical signals as well as light signals (which are faster and more efficient for data transfer).
The applications are far-reaching, and include artificial intelligence (AI), cloud computing, and data centers, where vast amounts of data are often being processed at one time, and speed is of the essence.
The Optical Interposer combines electronics and photonics pre-wired at wafer scale (that is, during the very early stages of chip manufacturing) and aligns them in order for them to function together.
Doing this is ordinarily difficult, expensive, and time-consuming, but POET’s approach uses ‘passive alignment’ to help bypass many of the challenges. That means faster, more efficient transfer of data at lower power.
Unique Features:
Scalability: It can grow with advancing technologies. Whether it’s for 100G, 200G, or 400G data speeds, the platform adapts without needing a complete redesign, making it future-proof.
Cost Efficiency: By integrating components at the wafer level, the Optical Interposer reduces production steps and materials, cutting down on costs compared to traditional methods.
Low-Power Usage: Because it uses light to transfer data, it consumes less energy than conventional electronic methods, which is especially beneficial for big data centers.
High Performance: Its design allows for superfast communication, making it ideal for heavy-duty applications like AI and networking.
Essentially, POET’s Optical Interposer is like building a superhighway upon which the cars (DATA) can travel faster and use less fuel, and the highway itself can be expanded as needed. This innovation will likely be vital across AI, cloud computing, and even autonomous vehicles”
We must Always have choices… Rotation…. whether quantum or Poet or other’s…. build wealth.
And silicone nano wire batteries
https://www.techradar.com/pro/nvidias-closest-rival-once-again-obliterates-cloud-giants-in-ai-performance
Buying edit
Yep
South Korean government in turmoil.
The country is under martial law.
As always, there are two sides to the story.
President Yoon Suk Yeol announced the need to root out “pro-North Korean, anti-state forces” he claims are paralyzing the government and threatening the country’s stability. He stated, “To safeguard a liberal South Korea from the threats posed by North Korea’s communist forces and to eliminate anti-state elements… I hereby declare emergency martial law.” General Park An-soo has been appointed “martial law commander. Tanks are on the streets, and tourists are advised to stay inside hotels.
The opposition party, which effectively controls the legislature, says the President was expecting proceedings for impeachment against him, and the parliament is not doing what he wanted.
The South Korean Won has weakened.
KRW ‘s been weak since 1998 during the so-called IMF crisis also known as the Asian financial crisis. In my time, normal rate was between 700-800 won to the dollar, that year we were getting close to 1800 won per dollar. Its never recovered. I’d move there if they allowed immigration for retirees.
The Q3 webcast of Northstar Clean Tech (ROOF.v) (ROOOF).
Here is the YouTube link.
Slow but constant progress by Aidan Mills to build a North American-wide network of roof shingle processing facilities. Much of the financing will come from agreements on both the in-take and off-take part of the business. Demand is proven. The technology is proven and patented. The Operating Margin per facility will be large. Over the next 10 and 20 years, the company’s Net Profit Margin will be huge. Management is experienced, skilled, and prudent. This is the type of company that Warren Buffett would buy and hold.
If and when I discover an investment opportunity like this company, I’ll gladly present it. But, for serious investors, I have not seen anything better in decades.
If I were 25, this would be part of my retirement plan.
FD: I am 100% independent of this company. The CEO will confirm that I continue to ask the tough questions. He also knows that if I hear anything negative, I will write about it, which is why I don’t have many promoter friends.
Art Berman’s article on Energy, Productivity, and Economic Growth.
Art starts his latest article with a statement I find somewhat dubious:
In my mind, energy is an enabler of processes that were only possible through technological and innovative advancements. Efficient methods cause worker layoffs. The increase in production output at less cost is the definition of productivity. As humans find new ventures to employ the newly idle workforce—whether it’s industrial, commercial, or warfare—more energy is required. As one form of energy — humans included — becomes cost-ineffective, technology and innovation will lead to new forms of energy.
Here here…😁
Cyber Monday online sales expected to hit $13.2 billion
Adobe expects consumers will spend a record $13.2 billion on Cyber Monday, Dec. 2, up 6.1% year-over-year from $12.4 billion. BNPL usage is expected to reach $993 million, a 5.6% year-over-year increase.
On Cyber Monday, Adobe predicts mobile devices will drive 54% of online sales, representing $7.1 billion in spend and up 14.5% year-over-year.
Meanwhile, Salesforce expects Cyber Monday will drive $51 billion in global sales and $13.5 billion in the U.S., up 5.3% from $48.4 billion globally and a 7.1% jump from $12.6 billion in the U.S in 2023.
I try for a month
hard to find how to use your site
too much promotion pop up
more than 30 wants me to subscribe
can not find what you are posting on your site
it say I have to install something like stack
wish site was without promotion and clear and clean and only about market
I signed up too but never received email link to log in. Please help.
@JRoth
I have no way of identifying you. What is your email you signed up with?
Also check your spam folder.
Not in spam. Email attached.( [email protected] ) Many thanks
Thanks. I emailed you. Please delete your comment above that has your email address for safety. And let me know you got my email with subject: “new subscriber onboarding”
Thanks,
i like to read,and read a lot,I am not a fan of youtube, instagram vlog or podcast, Thanks again
best day for my stock trading account, , SMCX is up over 300% for me so is SMCI uop 200% and SMST, i duded more SMST, Like I said this weekend–brought 2X of all MEGA 7 and all of them up so did SOXL I added this morning, Now I am agonising–what to do? sell and run–take my money or let it run for a while, past experience is not good holding too long,
SMCI I smell a Hindenburg follow up tweet soon, will take my profit tomorrow morning
Northstar Clean Technologies (ROOF.v)(ROOOF) held a Q3 financial results webinar.
This 20-minute call will likely be reproduced and linked here soon.
Very impressive. CEO Aidan Mills demonstrates why I call this my only “no-brainer” investment.
Great chart looking chart. adding mine. I have no position.
The SEC has approved 24 Exchange.
great to be a banker
And they can do as they wish with more volume overnight while most sleep i guess. Wake up to Dow down 2000 points
https://finance.yahoo.com/news/ondas-receives-latest-purchase-order-133000301.html…………busy securing capital… https://finance.yahoo.com/news/ondas-note-holder-purchases-4-133000655.html
NYUGrad, TD Bank is only a small part of the global money laundering problem.
Re https://hatchetmedia.substack.com/p/canadas-criminal-bank
Cryptocurrencies are the foundation of money laundering today.
Books will be written!
Major journalism launch: The Hatchet 🪓 Canadians know @Arshy Mann and @Jordan Cornish from Canadaland’s COMMONS. With their new publication The Hatchet, they’ll examine and expose money and power in Canada. Their first episode lifts the lid off a long-running criminal enterprise at the heart of Bay Street. Listen and subscribe👇
https://open.substack.com/pub/hatchetmedia/p/canadas-criminal-bank?
I am pleased that independent media has picked up this important story.
I was on it as it happened.
Bill Cara(
Bill Cara)
August 22, 2024 1:06 pm
#41092
Massive Anti-Money Laundering (AML) Charges to Come Against TD Bank.
https://www.reuters.com/business/finance/td-bank-swings-quarterly-loss-26-bln-provision-tied-us-probe-2024-08-22/
The narrative seems to focus on weaknesses in the AML system, but a C$3 billion fine implies serious transactional matters. Transparency is required.
The banking cartel must be prevented from hiding this matter behind the curtain.
Securities regulators must provide a full report to the public. Otherwise, maybe the fine should be $10 billion or more. How would depositors and wealth management clients know if this bank can be trusted?
If there are individuals involved in the wrongdoings, they, too, should be named and prosecuted. Otherwise, how would the industry and perhaps the clients know not to deal with them?
Bill Cara(
Bill Cara)
October 10, 2024 2:03 pm
#42052
The cost of money laundering for the drug cartels.
TD Bank is paying US$3 billion in fines related to drug cartel money laundering, which we know is really paid by shareholders and customers and not the bank’s perps. However, the loss of reputation is a larger cost as it will burden this bank for years.
Dr. Parik Patel,…
When Kashu and Vivek were small they would play together in the parking lot while I was working in the motel
They were best friends growing up my wife would make them dosas all the time after school. Now they are working together to make America great
Now Kashu is director of the FBI and Vivek is helping clean up the government with DOGE
So proud of my son and his friends
Nice story