Tuesday, August 13, 2024 8:26:16 PM
https://www.yahoo.com/finance/news/b-riley-faces-wider-us-122522928.html
B Riley used 1.5b$ In various assets for a Japanese Nomura bank Japan carry trade
400$m in BR and FRG owned company stock
Now where is the next 1.1b$ of collateral
Is the reminder collateral contracts, shorts or loaned stock for shorts??
And did they disparage the stocks they held to gain $$$ against their own shareholders or stakeholders??
One more cog in the wheel
SEC is going after those who hurt the big dogs
And now more sunlight is coming up for the rise on the Meme control trade
Which can affect the whole system
GLTA
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