Wow, even the May 2-3, 2023 Minutes of the Federal Open Market Committee (FOMC) AGREE: hedgies r fuk!!!
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NSCC Alert! New Haircut schedule APPROVED by the commission & effective within 60 days of 11/8/23. Why? IDIOSYNCRATIC RISK!
We have talked about this before and I was confused about timing (sorry!), as the item published in the federal register was for an additional waiting period for comments before being approved by the commission (which it was 11/8)
60 days from November 8, 2023, falls on January 7,
Failed Iowa bank (Citizens Bank) closed for bad trucking loans? Is a freight recession becoming a banking bloodbath?
As we discussed last week, Iowa Trust & Savings Bank, Emmetsburg, Iowa, Assumes All of the Deposits of Citizens Bank, Sac City, Iowa.
* Citizens Bank in Sac City, Iowa, was closed by the Iowa Division of Banking.
* The Federal Deposit Insurance Corporation (FDIC) was appointed as the receiver.
* FDIC entered
Are we on schedule or No? An update on my MOASS prediction heading into 10/24 and beyond.
I hope everyone enjoyed a wonderful and restorative weekend and that your Monday is off on the right foot!
When I first posted on this topic back in August, I thought it would probably die in 'new' as r/Superstonk does not usually appreciate anything that tries to