Dismal's Smacks

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CFTC Charges Tyche Asset Management LLC in a $6 Million Ponzi Scheme. "Tyche claimed it had achieved extraordinary rates of return of up to more than 200% annually in recent years, trading commodity futures and options while employing sophisticated techno

Source: https://www.cftc.gov/PressRoom/PressReleases/8700-23 The Commodity Futures Trading Commission today announced it filed a complaint in the U.S. District Court for the Northern District of Illinois against Chicago-based Tyche Asset Management, LLC, a registered commodity pool operator, Phillip Galles, its principal and registered associated person,

Wait, so a completely manufactured political crisis (about agreeing to pay for what has already been spent) via a charade played 79 times since 1960 is going to "make for potentially a lot of weird things to happen in financial markets"?

Haven't they been saying for WEEEKS now strong & resilient? Reddit Post

The FDIC admits to being asleep at the wheel regulating Signature Bank! How many more banks should the FDIC escalated supervisory actions sooner on? At what point should supervisory action be escalated for First Republic?

Source: https://www.fdic.gov/news/press-releases/2023/pr23033a.pdf Reddit post with discussion: https://www.reddit.com/r/Superstonk/comments/1322q1f/fdic_releases_report_detailing_supervision_of_the/ The Fed admits it is asleep at the wheel as well: Reddit Post

So the Fed is asleep at the wheel? How many more firms has the Fed not appreciated the seriousness of critical deficiencies in a firm’s governance, liquidity, and interest rate risk management? Don't they stress test for this stuff?!?

Source: Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech 12/1/2022: "We are currently evaluating whether the supervisory stress

Quick question: Who got popped for abusing Reverse Repo (RRP) operations in a non-natural extension of an existing business model by organizing a counterparty strictly for the purpose of accessing RRP operations necessitating this clarification statement?

Source: https://www.newyorkfed.org/markets/opolicy/operating_policy_230425 Reddit Post

Quarterly Trends for Consolidated U.S. Banking Organizations 4th quarter 2022: Held-to-Maturity assets ~10% of assets. Remember, unrealized losses on available–for–sale and held-to-maturity securities totaled $620 billion in the 4th quarter.

Recipe for systemic stress for the broader banking system? Source: https://www.reddit.com/r/Superstonk/comments/12xf7he/quarterly_trends_for_consolidated_us_banking/ https://www.reddit.com/r/Superstonk/comments/125skvn/fdic_sends_supplemental_materials_to_consolidated/ Why are Held-to-Maturity assets interesting? Remember: * Unrealized losses on available–for–sale

CFTC Alert! CFTC Commissioner Christy Goldsmith Romero Announces Yevgeny Shrago as Senior Counsel and Policy Advisor. Shrago previously worked as a Project Leader at the Boston Consulting Group.

Source: https://www.cftc.gov/PressRoom/PressReleases/8689-23 Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero announced that Yevgeny Shrago will serve as her Senior Counsel and Policy Advisor. “I am very excited to have Yevgeny on the team. Yevgeny has tremendous experience protecting consumers and advancing the safety,