CD amazing post!! Thank you!!
TLO, appreciate your post very much. Stock Twits #DBMM there is posted the answer for you and others. Education is the key. Not to be fooled is a part of the education. Have applied what I learned in #AMC's situation to #DBMM. Same sort of chicanery.
Phase 6 is another reason for the panic on #DBMM. Family offices have more holdings than hedge funds by almost more than a 2 to 1 margin. Expired ISDA derivative contracts must be covered at the 9 month point. They cannot be grandfathered anymore. To renew the entity must have collateral and a new contract must be re-written under the oversight of a third party. Many small banks will go under.
Family offices are not regulated, and things regulated entities report go un-reported with family offices.
Things will not happen immediately. Give it till June 18th or so. 2008 on steroids.
These criminals never learn. The regulator that writes these ISDA contracts is none other than the DTCC. They make money on these derivative contracts.
They don't care. Its money in their pocket. The world bank finally said no more.
Phase 6. Derivative calls are coming starting with 3 month, 6 month, 9 month, (which is here), 12 month should sink larger banks.
$7 quadrillion in the derivative market, all rehypothecated debt ISDA banks have built up over decades of abuse.
It is the reason they want to press the reset button and go to CBDCs (Central Bank Digital Currency). Control what we spend and what we spend it on while pressing the reset button on their DEBT so they can do it all over again.
This all relates to #DBMM and other naked shorted tickers.
Whether the family office has the money, the broker has the money, or the DTCC has the money, all of these naked short shares MUST BE COVERED. All shares are in the OBLIGATION VAULT, If no liquidity to cover margin calls it will eventually get to the DTCC. Unless the DTCC performs some magic trick their insurance will cover the MOASS. NO WAY AROUND THIS.
They messed up by getting greedy.
Kramer, the broker, or the DTCC MUST cover. We will get our money.