Dismal's Smacks

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Goldman Sachs submits Letter of Acceptance, Waiver, Consent (AWC) for proposing a settlement of the alleged rule violations. From 10/2015 - 4/2018, Goldman mismarked as “long” approximately 60 million short sale orders totaling 14+ billion shares.

Source: https://www.finra.org/sites/default/files/fda_documents/2018059146501%20Goldman%20Sachs%20%26%20Co.%20LLC%20CRD%20361%20AWC%20lp.pdf OVERVIEW: * From October 2015 to April 2018, Goldman mismarked as “long” approximately 60 million short sale orders totaling more than 14 billion shares. * Nearly eight million of those

Matt Furlong 3/21/23: "We have considerable cash on hand, negligible debt, streamlined inventory and a path to full year profitability." Me 4/4/23: 'Path to full year profitability' you say Mr. CEO?!? Well then... I'm doing my part!💵🥃

Federal Reserve Alert! Governor Lisa Cook: "Your generation has seen two once-in-a-century economic events within two decades. Your economic experiences are different from anyone else's. That insight and understanding will be critical to policymakers."

Lisa Cook: "Your generation has seen two once-in-a-century economic events within two decades. Your economic experiences are different from anyone else's. That insight and understanding will be critical to policymakers. The economics profession needs your perspective" Governor Lisa D. Cook At "Exploring Careers in Economics,

What a difference a 48 hours makes? Jamie Dimon 4/4 to shareholders: deposit crisis is "not yet over" & could affect the financial services sector "for years to come." Jamie Dimon today: “I think we’re getting near the end of this particular crisis"

FDIC Alert! FDIC announced the framework of a marketing process for the approximately $60 billion loan portfolio retained in receivership following the failure of Signature Bank, New York, New York.

This sale will go towards paying back the Feds "Other credit extensions" ($180.1 billion as of 3/29). Source: https://www.fdic.gov/news/press-releases/2023/pr23026.html The Federal Deposit Insurance Corporation (FDIC) today announced the framework of a marketing process for the approximately $60 billion

Inflation Alert! Fed Governor Lisa Cook: "the inflation picture is less favorable than it appeared earlier this year. Part of the encouraging disinflation initially observed in the fourth quarter of last year was revised away..."

Lisa Cook: "the inflation picture is less favorable than it appeared earlier this year. Part of the encouraging disinflation initially observed in the fourth quarter of last year was revised away, while inflation over the first two months of this year came in high." Source: https://www.federalreserve.