8chan/8kun QResearch Posts (24)
#15660328 at 2022-02-18 22:20:29 (UTC+1)
Q Research General #19801: What's Honkening in Ottawa Edition
>>15660027
>>15659998
NOTE TAKER - SUMMARY OF THE BELOW ARTICLE - THE FED NEW RULEZ AND WHAT IT REALLY MEANS
1) JEROME POWELL TENURE IS UP IN FEBRUARY - NOMINATION WILL BE [Lael Brainard] Dig requested who is this and what ties to the have to whom
2) FED OFFICIALS RESIGNATIONS DUE TO INSIDER TRADING (note no charges have been bought against them or money recovered).
p.s first highlighted articled is moar important then the latest one by A.P check red underlined comments.
Below article is moar detailed, news that Jerome Powell term expires in Feb. 2022 and nomination is Lael Brainard. Robert Kaplan (Dallas) and Eric Rosengren (Boston) both resigned due to insider trading.
=========
Fed imposes sweeping new limits on policymakers' investments
By CHRISTOPHER RUGABER October 21, 2021
https://apnews.com/article/business-d361e2f21df3f4cdebef4a202bff7d3d
--------------—-
Federal Reserve approves stricter trading rules
WASHINGTON (AP) - The Federal Reserve on Friday formally adopted sweeping new rules that will limit the ability of its top officials to invest in financial markets, a change intended to prevent conflicts of interest involving investments affected by Fed policies.
The stricter rules were developed after an outcry last year over questionable trades that were made by several top Fed policymakers.
Under the new rules, Fed officials may not invest in individual stocks, bonds or cryptocurrencies and are limited to diversified investments such as mutual funds. They must provide 45 days' notice of any trade and secure approval of such trades. And they will have to provide public notice of any trades made in the previous 30 days.
Chair Jerome Powell announced the rules in October after ethics questions engulfed several high-ranking policymakers about trades they had made in securities that stood to be affected by Fed actions at the time. The central bank's decisions on interest rates and bank regulations can cause significant swings in the prices of stocks, bonds and other securities.
Powell himself had come under fire after it was revealed that two regional Federal Reserve Bank presidents traded stocks and other investments in the spring of 2020 while the Fed was taking expansive steps to boost the economy and calm financial markets. As a result, the trades raised the possibility of conflicts of interest, because the two officials could have profited from the Fed's actions.
The new rules will also cover senior vice presidents at the Fed's 12 regional banks, research directors at the regional banks and senior staff members at the Fed in Washington as well as their spouses. The rules will take effect May 1.
https://apnews.com/article/business-jerome-powell-d2a
#15347645 at 2022-01-11 03:44:26 (UTC+1)
Q Research General #19413: It's beginning to look a lot like Genocide… Edition
>>15347595
Fed vice chair Richard Clarida resigns over trading scandal
https://nypost.com/2022/01/10/fed-vice-chair-richard-clarida-resigns-over-trading-scandal/
The move into and out of stock options came as the markets were tanking due to the effects of the coronavirus pandemic.
Clarida is the third senior Fed official to step down in the wake of reports about stock trades made just before the markets collapsed.
Other top Fed officials including Chair Jerome Powell, Dallas Fed President Robert Kaplan, and Boston Fed President Eric Rosengren also cashed out even though they had knowledge of the bank's plan to boost financial markets during the pandemic.
Both Kaplan and Rosengren resigned after news of the transactions were reported by The Wall Street Journal.
Powell also sold up to $5 million worth of stock options just before the markets tanked in the fall of 2020.
Biden recently nominated Powell to serve a second term despite opposition from his own party, including progressive Senator Elizabeth Warren.
#15347446 at 2022-01-11 03:05:44 (UTC+1)
Q Research General #19413: It's beginning to look a lot like Genocide… Edition
Fed vice chair out over trades made during pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds.
In an announcement released Monday afternoon, Clarida said he will be stepping down from his post this Friday. His term expires on Jan. 31.
The move comes following additional disclosures regarding trades Clarida made in February 2020, around the time when the Fed was getting ready to roll out what eventually would become its most aggressive policy tools ever, in an effort to combat the Covid crisis.
"Rich's contributions to our monetary policy deliberations, and his leadership of the Fed's first-ever public review of our monetary policy framework, will leave a lasting impact in the field of central banking," Fed Chairman Jerome H. Powell said in a statement. "I will miss his wise counsel and vital insights."
Clarida's exit comes amid heightened scrutiny over what he had described as pre-planned portfolio rebalancing on Feb. 27, 2020. However, recent disclosures, first reported by the New York Times, showed that three days earlier, Clarida sold shares in three stock funds that he would repurchase on the 27th.
Markets dropped on Feb. 24 amid worries that the spreading coronavirus could cause substantial economic damage. On Feb. 26, Fed policymakers huddled to discuss what policy moves they might take to combat what eventually would become a full-blown pandemic.
Within weeks, the Fed would cut its benchmark interest rate to zero and institute an unprecedented array of lending and liquidity programs to help the economy and financial markets function.
Clarida's announcement did not mention anything about the controversy, which has been a focal point of Fed criticism from Sen. Elizabeth Warren (D-Massachusetts) and some other lawmakers. Two regional Fed presidents, Eric Rosengren of Boston and Robert Kaplan of Dallas, both resigned following questions over their trading activities.
Clarida called serving on the Fed "a distinct honor and immense privilege" and noted the measures it took during the pandemic.
"I am proud to have served with my Federal Reserve colleagues as we, in a matter of weeks, put in place historic policy measures that, in conjunction with fiscal policy, steered the economy away from depression and that have supported a robust recovery in economic activity and employment since," he said in a resignation letter to President Joe Biden. "There is still road left to walk and damage to be repaired."
The resignation comes the same week Powell appears before a Senate committee for his confirmation hearing to a second term. That hearing will happen Tuesday. Two days later, Fed Governor Lael Brainard will face a hearing to be confirmed as vice chairman to take Clarida's spot.
https://www.cnbc.com/2022/01/10/fed-vice-chair-clarida-to-step-down-early-following-scrutiny-over-his-trades-during-pandemic.html
#15346965 at 2022-01-11 01:53:36 (UTC+1)
Q Research General #19412: Crow Wing County residents seek new audit of already certified vote Editi
Top US central banker resigns amid trading scandal
Fed vice chair departing after media reports insinuated insider trading just before the Covid-19 pandemic was declared
Federal Reserve Board vice chair Richard Clarida has announced he will step down two weeks before his term is set to expire. His recently amended 2020 financial disclosures raised speculation about potential insider trading.
Nominated by President Donald Trump and confirmed in September 2018, Clarida was the top aide to Fed Chairman Jerome Powell. His resignation will be effective January 14, the Fed announced on Monday.
Clarida's resignation comes shortly after media reports questioning his stock trades in February 2020, just before market upheavals due to the spread of the novel coronavirus. Clarida submitted revised financial disclosures last month, with the Fed saying his initial report contained "inadvertent errors."
According to the disclosures, Clarida had sold shares in three stock funds on February 24 - mere days before Powell announced the central bank would help to salvage the pandemic-hit economy - only to buy one of them back three days later. He initially said this was part of "preplanned portfolio rebalancing."
According to the Wall Street Journal, a Fed ethics officer said Clarida was "in compliance with applicable laws and regulations governing conflicts of interest."
Clarida's term was due to expire at the end of January. President Joe Biden has already nominated Lael Brainard to serve as his replacement, and her Senate confirmation hearing is scheduled for Thursday.
This is a third major resignation at the Fed involving questions about potential insider trading. Last September, presidents of two Federal Reserve banks announced their early retirements. Eric Rosengren of the Boston Fed quoted health issues, while Robert Kaplan of Dallas said he wanted to eliminate the "distraction" questions about his stock trades had become.
Both have faced questions over their investments, which were technically legal under the existing Fed rules but drew outrage from House and Senate Democrats.
https://www.rt.com/business/545632-fed-deputy-chair-resigns/
https://www.rt.com/business/545632-fed-deputy-chair-resigns/
#15346480 at 2022-01-11 00:41:58 (UTC+1)
Q Research General #19411: Numbers Conclusive: Fraudulent Irregular Votes Are Massive Edition
>>15346408
Fed Vice Chairman to leave two weeks early in wake of ethics debacle
Federal Reserve Vice Chairman Richard Clarida will leave the central bank two weeks earlier than planned, following increased scrutiny into financial transactions he made in 2020 - while the Fed was taking action to save the U.S. economy.
Clarida, who served as the central bank's No. 2 official on monetary policy efforts through the pandemic, said he will step down from the Fed effective Jan. 14. He was appointed by the Trump administration in September to serve for a term that expired Jan. 31, 2022.
Stay ahead of the market
The New York Times reported last week that Clarida failed to properly disclose his 2020 trading activities in his original filings last year. The former PIMCO executive had first reported that he put a few million into a stock fund in late February, shortly before the central bank began teasing the possibility of Fed intervention in the markets.
At the time, the Fed insisted the move was part of a preplanned rebalancing.
But then Clarida amended the filings to show he had actually moved out of the stock fund while markets were sinking, only to buy back into the fund three days later.
The revelation attracted attention on Capitol Hill, where Democratic Senator Elizabeth Warren sent a letter to Fed Chairman Jerome Powell demanding more information related to senior Fed officials' trades during the Fed's rescue efforts.
Ethics concerns had also been unearthed for Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren. Both stepped down in late September and early October. The letter was sent on Monday, the day before Powell was set to face the Senate Banking Committee for a confirmation hearing for his second term.
In response to the public backlash, Powell in October unveiled "tough new rules" that bar senior officials from actively trading and prohibits the purchase of any individual securities. The new rules effectively only allow purchases of diversified investment vehicles (like mutual funds), and cannot be done during times of "heightened financial market stress" like the spring of 2020.
In his letter to President Joe Biden, Clarida did not cite a reason for the early resignation.
The Fed vice chairman was instrumental in revising the central bank's approach to maximum employment and price stability, tweaking the Fed's framework to tolerate inflation moderately above 2%.
"I am proud to have served with my Federal Reserve colleagues as we, in a matter of weeks, put in place historic policy measures that, in conjunction with fiscal policy, steered the economy away from depression and that have supported a robust recovery in economic activity and employment since."
https://finance.yahoo.com/news/fed-vice-chairman-to-leave-two-weeks-early-in-wake-of-ethics-debacle-212720086.html
#15280148 at 2021-12-30 20:25:08 (UTC+1)
Q Research General #19327: Caged Bird Edition
Nancy Pelosi Buys Millions In Call Options In Google, Micron, Roblox, Salesforce And Disney
Despite a populist grassroots movement seeking to ban Congress members from trading stocks, one which has attracted bipartisan political support, Democratic House Speaker Nancy Pelosi - arguably one of the most prolific Congressional traders - said two weeks ago that lawmakers should be allowed to make trades while serving.
"We're a free market economy," Pelosi told reporters during a news conference. "They should be able to participate in that."
Pelosi's statement came days after progressive New Yorker, Alexandria Ocasio-Cortez, reiterated her support for banning lawmakers from the practice. Ocasio-Cortez and other members of Congress argue that lawmakers have access to information the public is not privy to and the ability to write and pass policy, they should abstain from buying and selling individual stock and other assets. She and other lawmakers support members of Congress investing in index funds.
"I choose not to hold any so I can remain impartial about policy making," Ocasio-Cortez wrote on Instagram.
Pelosi's statement also came in the wake of a series of scandals involving federal lawmakers, Fed and government officials making suspect trades throughout the coronavirus pandemic.
Currently, Senator Richard Burr (R-N.C.), is under investigation by the Securities and Exchange Commission for trades he made in the early days of the pandemic (Burr has said all of his trades were based on news reports, not non-public information), and other lawmakers were investigated by the Department of Justice for their trades.
It's not limited to Congress: In October the Fed announced it would ban officials from owning individual stocks and bonds after two officials - Dallas Fed president Robert Kaplan and Boston Fed president Eric Rosengren - resigned following allegations of insider trading.
Members of Congress are theoretically barred from trading on nonpublic information thanks to the Stop Trading on Congressional Knowledge, or STOCK, Act, and during the press conference, Pelosi noted that lawmakers need to follow that law. "If people aren't reporting [stock trades], they should be," she said.
We mention all of this because according to the latest Periodic Transaction Report covering Nancy Pelosi's latest trades, the California Democrat purchased millions worth of call options in companies from Alphabet, to Micron, to Roblox, Saleforce and Walt Disney. Unfortunately, neither the strike price nor the maturity of the options was disclosed.
https://www.zerohedge.com/markets/nancy-pelosi-buys-millions-call-options-google-micron-roblox-salesforce-and-disney
#14950529 at 2021-11-08 14:45:06 (UTC+1)
Q Research General #18913: BigBird9 edition
Yahoo Finance
A timeline of the Federal Reserve's trading scandal
Brian Cheung
Thu, November 4, 2021, 6:05 PM?8 min read
A reputational crisis at the Federal Reserve has led to the resignation of two senior officials within the central bank, raising questions about the strength of the Fed's guardrails around personal financial interests.
In September 2021, media reports highlighted several large financial transactions carried out by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren during 2020. As the heads of two of the Fed's network of 12 reserve banks, both were instrumental in engineering the Fed's response to the financial fallout from the COVID-19 pandemic.
Rosengren and Kaplan would promise not to do any more trading during their tenure as senior Fed officials, but would later announce early retirements as the public fallout expanded.
Fed Vice Chairman Richard Clarida would also likely catch scrutiny for rotating millions of dollars out of bond fund and into stock funds in February 2020 - right before the Fed started slashing interest rates.
(anyone else miss thisnotableevent?)
https://finance.yahoo.com/news/a-timeline-of-the-federal-reserves-trading-scandal-104415556.html
#14740922 at 2021-10-07 19:46:01 (UTC+1)
Q Research General #18646: #China trying #Taiwan on October 10 Edition
>>14740894
He's a great trader along with these two. BTW - I'm pretty sure what was said while snapping the photo wasn't even funny.
2 Top Federal Reserve Officials Retire After Trading Disclosures
WASHINGTON - In a rare moment of ethical controversy for the Federal Reserve, two top officials resigned Monday in the wake of revelations about their financial trading that exposed potential shortcomings in the Fed's rules on investments.
Eric Rosengren, the president of the Federal Reserve Bank of Boston, said he would step down this week for health reasons. Meanwhile, Robert Kaplan, the president of the Dallas Fed, said he would resign Oct. 8 to avoid becoming a "distraction" from the Fed's broader mission.
https://www.npr.org/2021/09/27/1041059924/2-top-federal-reserve-officials-retire-after-trading-disclosures
#14719013 at 2021-10-04 18:24:53 (UTC+1)
Q Research General #18618: FACEBOOK DOWN! [1.1.1.1] HA HA HA Edition
New Documents Show the Fed's Trading Scandal Includes Two of the Wall Street Banks It Supervises: Goldman Sachs and Citigroup
In the late eighteenth century, men gathered under a Buttonwood tree at 68 Wall in lower Manhattan and traded stocks among themselves. That's not how it works today. Dallas Fed President Robert Kaplan had to give his "over $1 million" trades in a litany of individual stocks and his "over $1 million" transactions in S&P 500 futures to a licensed broker at a registered broker-dealer. The same thing applied to Boston Fed President Eric Rosengren in placing his $1000 to $50,000 trades 68 times in 2020 in individual stocks and publicly traded Real Estate Investment Trusts (REITs).
The safeguards that failed at the Dallas Fed and the Boston Fed to stop their Presidents from trading like hedge fund wannabes should not have failed at the SEC-regulated Wall Street broker-dealers that placed these trades. The accounts at the trading firms for these two men should have been coded to indicate that the men came into regular contact with sensitive, market moving information. The nature and level of their trading should have triggered the immediate involvement of the firms' compliance departments and a halt to the trading. (See our earlier report on how a dozen legal safeguards failed, that should not have failed, to stop these men from humiliating the central bank of the United States around the world.)
Newly unearthed documents now put Wall Street megabanks Goldman Sachs and Citigroup at the center of this trading scandal. Both Goldman Sachs and Citigroup are bank holding companies that are supervised by...wait for it...the Federal Reserve. (Their broker-dealer units are supervised by the SEC and other securities regulators.) The documents suggest that rather than functioning as an arms-length supervisor of the banks, some Fed officials have gotten cozy with Goldman Sachs and Citigroup, receiving perks from these supervised entities.
Goldman Sachs has been supervised by the Federal Reserve since it became a bank holding company on September 21, 2008, in order to access bailout funds from the Fed. Despite Goldman Sachs being a supervised entity, Dallas Fed President Robert Kaplan owned four proprietary products offered by Goldman Sachs since he has been at the Dallas Fed: the Goldman Sachs Financial Square Money Market Fund; the Goldman Sachs Medium Term Managed Corporate Bond Account, the Goldman Sachs Private Equity Fund 2000 (which does not publicly trade), and a cryptic investment called Exchange Place LP which is listed on Kaplan's 2015 through 2020 financial disclosure forms in an amount of "over $1 million."
According to SEC filings, as of October 28, 2019, 1068 individuals had invested in Exchange Place LP to the tune of $2.1 billion. (It's impossible to tell from the SEC filing if that is the amount sold just in 2019 or the aggregate amount sold since the product was originated in 2014.)
https://wallstreetonparade.com/2021/10/new-documents-show-the-feds-trading-scandal-includes-two-of-the-wall-street-banks-it-supervises-goldman-sachs-and-citigroup/
#14718078 at 2021-10-04 16:32:10 (UTC+1)
Q Research General #18617: To Space and Beyond -Kirk pretty sure Edition
>>14718030
https://www.dailymail.co.uk/news/article-9998405/Fed-reviews-ethics-polices-prolific-trading-uncovered.html
REVEALED: Two Fed presidents with insider knowledge of US monetary policy sold millions of dollars of stock in blue-chip firms including Amazon, Apple, and Google last year, prompting ethics review
Robert Kaplan, president of the Dallas Federal Reserve Bank, traded millions of dollars of stock in companies such as Apple, Amazon, and Google in 2020
Eric Rosengren, president of the Boston Fed, traded in stocks and real estate investment trusts including Chevron, Pfizer, and Phillips 66
The trades were made last year during a time when the Fed took extraordinary steps to buoy US economy and stabilize financial markets during the pandemic
Comments made by Fed regional presidents can move markets and they have a hand in the Fed's interest rate policies
Senior US lawmakers - including Senator Elizabeth Warren of Massachusetts - demanded more stringent restrictions after Wall Street Journal reported trades
Federal Reserve Chair Jerome Powell ordered sweeping review of the ethics rules governing financial holdings and dealings by senior central bank officials
By ARIEL ZILBER FOR DAILYMAIL.COM and AGENCIES
PUBLISHED: 11:33 EDT, 16 September 2021 | UPDATED: 16:02 EDT, 16 September 2021
read more: https://www.dailymail.co.uk/news/article-9998405/Fed-reviews-ethics-polices-prolific-trading-uncovered.html
#14675996 at 2021-09-28 02:11:38 (UTC+1)
Q Research General #18563: Ebake for Victory 3rd Edition
Fed Prez at night, pro-level Day trader during working hours.
https://wallstreetonparade.com/2021/09/Robert-Kaplan-was-trading-like-a-hedge-fund-kingpin-for-five-years-while-president-of-the-boston-fed-a-dozen-legal-safeguards-failed-to-stop-him/
Claw it all back, and then some. The penultimate in insider trading.
Then take his house.
#14632644 at 2021-09-22 00:02:49 (UTC+1)
Q Research General #18510: Clear And Present Danger Edition
Corruption at the Fed: Are America's Money Masters Engaged in Self-Dealing?
America's central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios?
After some embarrassing revelations regarding the trading activities of two senior officials, Federal Reserve Chairman Jerome Powell abruptly ordered a comprehensive examination last week into internal compliance with an ethics rule directing Fed employees to avoid "actual and apparent conflicts of interest."
According to the Fed's official code of conduct, Fed officials are "prohibited from participating personally and substantially in an official capacity in any particular matter in which, to the employee's knowledge, the employee has a financial interest if the particular matter will have a direct and predictable effect on that interest."
Documents revealed that Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren made several trades of individual stocks, in some cases worth $1 million or more, in markets where Fed actions have impacted financial performance.
Additionally, several Fed officials personally held the same type of assets the Fed itself was buying.
According to CNBC, Chairman Powell held between $1.25 and $2.5 million of municipal bonds. The bonds were purchased in 2019 but they were in Chairman Powell's control while the Fed bought more than $5 billion in municipal bonds to support that market.
Fed President Rosengren held between $151,000 and $800,000 worth of real-estate investment trusts that owned mortgage-backed securities - all while the Fed was active in that market.
More specifically, Rosengren made as many as 37 separate trades in four investment trusts contemporaneous to the Fed's own purchase of almost $700 billion in mortgage-backed securities.
Meanwhile, the Federal Reserve announced last year that it would open a corporate bond-buying facility and purchased almost $47 billion of corporate bonds.
Rosengren wasn't the only Fed official making money on corporate bonds. CNBC noted that Richmond Fed President Thomas Barkin held $1.35 million to $3 million in individual corporate bonds of Pepsi, Home Depot, and Eli Lilly purchased before 2020.
And according to Reuters, Fed President Kaplan's financial disclosure included several sales or purchases of at least $1 million in individual company shares or investment funds, including Apple Inc. (a stock that's almost doubled since COVID-relief efforts began in March 2020). In July 2020, the Federal Reserve bought $25.5 million in Apple's corporate bonds.
https://www.activistpost.com/2021/09/corruption-at-the-fed-are-americas-money-masters-engaged-in-self-dealing.html
#14598050 at 2021-09-17 01:22:20 (UTC+1)
Q Research General #18466: History Repeats Itself But It Is Different This Time Edition
Federal Reserve Chair orders ethics review of central bank
Federal Reserve Chairman Jerome Powell directed staff to the central bank's ethics rules following recent reports that two of the system's regional bank presidents had been active investors during 2020
Federal Reserve Chairman Jerome Powell ordered staff to review ethics guidelines governing the financial dealings by top central bank officials.
News of Powell's inquiry broke after Sen. Elizabeth Warren, D-Mass., sent 12 letters to the Fed's regional banks demanding stricter ethics guidelines be implemented by the Fed's top officials.
The Massachusetts Democrat called on each president to ban the ownership and trading of personal stocks by top officials at each regional bank office.
Powell requested the ethics review late last week, a spokesperson said in a statement, following reports that two regional presidents actively invested during 2020.
A Fed spokesperson told CNBC that Powell ordered the review "because the trust of the American people is essential for the Federal Reserve to effectively carry out our important mission."
According to documents released last week, Fed Presidents Robert Kaplan and Eric Rosengren both bought or sold private stocks in excess of $1 million dollars. Other Fed presidents reported little to no trading activity.
Amid the public backlash and scrutiny from Congress, both Kaplan and Rosengren said they would sell any individual stock holdings by the end of the month.
Current Fed regulations forbid the trading of individual stocks by senior officials around the time of policy meetings due to the sharing of information that could have significant influence on the nation's economy.
Powell emphasized that although it is not illegal for regional presidents to buy or sell stocks, the Fed's internal rules require officials to avoid even the appearance of conflict or of using their position for personal gain.
It is not yet clear how long the ethics review will take.
https://justthenews.com/accountability/political-ethics/federal-reserve-chair-orders-ethics-review-central-bank
#14550930 at 2021-09-10 03:12:06 (UTC+1)
Q Research General #18406: State Governors That Have Stood Up to Biden's Vaccination Mandate Edition
Fed's Kaplan, Rosengren to Sell All Stocks Amid Ethics Concerns
https://www.bloomberg.com/news/articles/2021-09-09/fed-s-Kaplan-rosengren-to-sell-all-stocks-amid-ethics-concerns
The presidents of the Federal Reserve banks of Boston and Dallas said they are selling their individual stock holdings by Sept. 30, in moves aimed at quenching ethical concerns over their trading activity last year.
Boston Fed chief Eric Rosengren and Dallas Fed's Robert Kaplan released near-identical statements Thursday after their most recent financial disclosure documents showed active trading in a range of investments during a year in which the central bank took sweeping policy actions to protect the U.S. economy from Covid-19.
#9914531 at 2020-07-10 13:51:53 (UTC+1)
Q Research General #12687: Friday Morn'n Thrillz, Chillz, n Shillz Edition
Fed's Kaplan says mask-wearing is key to economic growth
The key to ensuring a faster U.S. economic recovery is wearing masks to slow the spread of the coronavirus, Dallas Federal Reserve Bank President Robert Kaplan said on Friday,
"How the virus proceeds, and what the incidence is, is going to be directly related to how fast we grow," Kaplan told Fox Business Network in an interview. "While monetary and fiscal policy have a key role to play, the primary economic policy from here is broad mask wearing and good execution of these health care protocols; if we do that well, we'll grow faster."
A recent surge in COVID-19 cases in several U.S. states including Texas is raising concern that a recovery that likely began in May could falter if authorities re-impose lockdowns or consumers reduce spending out of fear that getting out and about could mean they get the sometimes fatal disease.
Goldman Sachs Group Inc economists have argued that a national mask mandate would boost the chances of a faster recovery. Governors in some states have imposed local mandates, though in some hotspots like Florida mask-wearing is voluntary.
Kaplan, who spent part of his career as a Goldman Sachs banker, reiterated his view that the U.S. economy will likely shrink by 4.5% to 5% in 2020, even after what he expects to be growth during the third and fourth quarters. And he said he was not surprised by the unexpected decline last month in U.S. producer prices, given high unemployment and unused productive capacity.
"I would expect we are going to have disinflation for some period of time until we get rid of this excess capacity," Kaplan said.
"The message I'd have today about the economy (is that) while monetary policy and fiscal policy are very important, they are not as important right now in us doing a good job of flattening this curve on the virus, and if we do that, we'll grow faster."
https://www.reuters.com/article/us-usa-fed-Kaplan/feds-Kaplan-says-mask-wearing-is-key-to-economic-growth-idUSKBN24B1PZ
#9718889 at 2020-06-23 16:47:44 (UTC+1)
Q Research General #12440: Surrender to None Edition
The future is now…
PENTAGON VIDEO WARNS OF "UNAVOIDABLE" DYSTOPIAN FUTURE FOR WORLD'S BIGGEST CITIES
THE YEAR IS 2030. Forget about the flying cars, robot maids, and moving sidewalks we were promised. They're not happening. But that doesn't mean the future is a total unknown.
According to a startling Pentagon video obtained by The Intercept, the future of global cities will be an amalgam of the settings of "Escape from New York" and "Robocop" - with dashes of the "Warriors" and "Divergent" thrown in. It will be a world of Robert Kaplan-esque urban hellscapes - brutal and anarchic supercities filled with gangs of youth-gone-wild, a restive underclass, criminal syndicates, and bands of malicious hackers.
At least that's the scenario outlined in "Megacities: Urban Future, the Emerging Complexity," a five-minute video that has been used at the Pentagon's Joint Special Operations University. All that stands between the coming chaos and the good people of Lagos and Dhaka (or maybe even New York City) is the U.S. Army, according to the video, which The Intercept obtained via the Freedom of Information Act….
https://theintercept.com/2016/10/13/pentagon-video-warns-of-unavoidable-dystopian-future-for-worlds-biggest-cities/?comments=1
#9718819 at 2020-06-23 16:39:39 (UTC+1)
Q Research General #12440: Surrender to None Edition
The future is now…
PENTAGON VIDEO WARNS OF "UNAVOIDABLE" DYSTOPIAN FUTURE FOR WORLD'S BIGGEST CITIES
THE YEAR IS 2030. Forget about the flying cars, robot maids, and moving sidewalks we were promised. They're not happening. But that doesn't mean the future is a total unknown.
According to a startling Pentagon video obtained by The Intercept, the future of global cities will be an amalgam of the settings of "Escape from New York" and "Robocop" - with dashes of the "Warriors" and "Divergent" thrown in. It will be a world of Robert Kaplan-esque urban hellscapes - brutal and anarchic supercities filled with gangs of youth-gone-wild, a restive underclass, criminal syndicates, and bands of malicious hackers.
At least that's the scenario outlined in "Megacities: Urban Future, the Emerging Complexity," a five-minute video that has been used at the Pentagon's Joint Special Operations University. All that stands between the coming chaos and the good people of Lagos and Dhaka (or maybe even New York City) is the U.S. Army, according to the video, which The Intercept obtained via the Freedom of Information Act….
https://theintercept.com/2016/10/13/pentagon-video-warns-of-unavoidable-dystopian-future-for-worlds-biggest-cities/?comments=1
#9620948 at 2020-06-15 15:16:37 (UTC+1)
Q Research General #12314: Patriots Unified. Kun Is Comfy Edition
Dallas Fed Chair Sparks Market Crash After Fear-Mongering on Second Wave of COVID-19 and Mask-Wearing (VIDEO)
Why do these Federal Reserve officials keep crashing the Trump economy?
Whose side are they on? Are they with the American people or are they with the globalists?
We all know the answer to this.
On Sunday Robert Kaplan, the Dallas Federal Reserve President, joined Face the Nation to discuss the future of the US economy.
During his segment Kaplan started lecturing on masks and a second wave to the coronavirus
Kaplan is not a doctor and was sharing his own uneducated opinion on the virus.
On Monday the US stock market is down by nearly 600 points off of Kaplan's comments.
https://www.thegatewaypundit.com/2020/06/dallas-fed-chair-sparks-market-crash-fear-mongering-second-wave-covid-19-mask-wearing-video/
#7849919 at 2020-01-19 00:39:21 (UTC+1)
Q Research General #10047: Bringing Up Baby W/ Arsenic & Old Lace Edition
944 Trillion Reasons Why The Fed Is Quietly Bailing Out Hedge Funds
On Friday, Minneapolis Fed president Neel Kashkari, who just two months earlier made a stunning proposal when he said that it was time for the Fed to pick up where the USSR left off and start redistributing wealth (at least Kashkari chose the proper entity: since the Fed has launched central planning across US capital markets, it would also be proper in the banana republic that the US has become, that the same Fed also decides who gets how much and the entire free democracy/free enterprise/free market farce be skipped altogether) issued a challenge to "QE conspiracists" which apparently now also includes his FOMC colleague (and former Goldman Sachs co-worker), Robert Kaplan, in which he said "QE conspiracists can say this is all about balance sheet growth. Someone explain how swapping one short term risk free instrument (reserves) for another short term risk free instrument (t-bills) leads to equity repricing. I don't see it."
To the delight of Kashkari, who this year gets to vote and decide the future of US monetary policy yet is completely unaware of how the plumbing underneath US capital markets actually works, we did so for his benefit on Friday, although we certainly did not have to: after all, the "central banks' central bank", the Bank for International Settlements, did a far better job than we ever could in its December 8 report, "September stress in dollar repo markets: passing or structural?", which explained not just why the September repo disaster took place on the supply side (i.e., the sudden, JPMorgan-mediated liquidity shortage at the "top 4" commercial banks which prevented them from lending into the rep o market)…
https://www.zerohedge.com/markets/944-trillion-reasons-why-fed-quietly-bailing-out-hedge-funds
#7652977 at 2019-12-29 16:05:18 (UTC+1)
Q Research General #9792: Skeletons Interning in the DNC Closet Edition
Trading a Dove for Two Hawks: A Look at the Fed's 2020 Voters
Dove Kashkari, centrist Kaplan replace hawks George, Rosengren. Somewhat hawkish-leaning Mester and Harker also gain the vote.
Federal Reserve projections show no interest-rate changes next year but the annual rotation among voters could still influence policy as incoming members include an outspoken dove while two hawks depart.
Minneapolis Fed chief Neel Kashkari, who called vocally for rate cuts during 2019,
(and has never done ANYTHING remotely tied to the level of power he has now-also thought he was going to be Cal's governor too)
is the clear dove among the four new voters. He joins alongside Robert Kaplan from Dallas, Philadelphia's Patrick Harker and Loretta Mester from Cleveland. Each of them, along with every other Fed official, forecast no change in rates in 2020 in the dot plot published on Dec. 11 – a striking demonstration of unity as the country heads into a U.S. presidential election year.
They replace Kansas City Fed President Esther George and Boston's Eric Rosengren, hawks who both dissented against all three rate cuts this year. The others departing are dove James Bullard from St. Louis, who wanted a half-point rather than quarter-point cut in September, and Chicago's Charles Evans, who also supported easier monetary policy to ensure the Fed lifts inflation to its 2% target on a sustainable basis.
The yearly voter rotation among regional Fed presidents can foreshadow looming splits over policy that generate dissents, depending on who gets the vote and how strongly they disagree with their colleagues. But it generally won't dictate the path of policy. That's because Fed Chairman Jerome Powell can probably count on the support of the Board of Governors, plus New York Fed President John Williams, who also wields a permanent FOMC vote. That means Powell has six votes against the four in the hands of the remaining regional Fed chiefs, in the rare event that all four voted the same way against him.
Here's what the four new voters have recently said about their outlooks.
Mester (somewhat hawkish)
The Cleveland Fed president is probably the most hawkish of the four, though her recent comments that policy is now in a "good spot" following three cuts don't show any current pressure for a change. That said, the PhD economist and long-time Fed insider said she hadn't favored cutting rates three times. As a result, she may start pushing for tighter policy if inflation picks up with unemployment at a 50-year low.
Kashkari (dove)
Minneapolis Fed chief Neel Kashkari was an outspoken advocate for cutting rates last year when inflation failed to pick up as expected. He's argued the central bank should commit to not raising rates again until core inflation rises back to 2% on a sustained basis. The remarks suggest Kashkari won't be pushing to raise rates any time soon, and will make the case for allowing inflation to run above 2% without the Fed hitting the policy breaks – in order to demonstrate its commitment to achieving that target on a sustainable basis.
Kaplan (centrist)
The Dallas Fed chief sees a sluggish economy in 2020, so things would have to deteriorate for him to back easing policy further. He'd been open to easing earlier in 2019 after the yield curve inverted. But he told Bloomberg Television on Dec. 18 that with the curve sloping upward, Fed policy is probably in the right place. Nor did he sound worried about inflation, saying the pricing power of businesses has been eroded by technology and he expects inflation to be "muted for some period of time." He has never dissented since joining the Fed in 2015.
Harker (centrist with hawkish bent)
Philadelphia's Harker spoke out several times against the Fed's rate cuts this year, which he said were unwarranted because the economy appeared to be weathering uncertainty caused by trade tension between the U.S. and China. That could signal he'd favor raising rates sooner rather than later to stay ahead of inflation amid very low unemployment. He has never dissented at an FOMC meeting since joining the Fed in 2015.
https://www.bloomberg.com//news/articles/2019-12-29/trading-a-dove-for-two-hawks-a-look-at-the-fed-s-2020-voters
#6867306 at 2019-06-28 19:31:52 (UTC+1)
Q Research General #8783: Friday FLOTUS Edition
After Goldman Sachs, Ally Financial cut interest rates, savers hit brick wall
nice way to piss off your customer base.
Goldman Sachs Opens a New Window. Group Inc. and Ally Financial Inc. beat the Federal Reserve to a rate cut this week, as the U.S. central bank weighs whether or not to lower the benchmark federal funds rate.
On Thursday, according to the Wall Street Journal, Goldman told customers that it was lowering the rate on its Marcus high-yield savings account to 2.15 percent from 2.25 percent, following Ally's decision on Tuesday to lower its online-savings rate to 2.1 percent from 2.2 percent, an Ally spokesperson confirmed to FOX Business.
Goldman did not immediately respond to a FOX Business request for comment.
It was the first time since October 2013 that Ally lowered rates.
"After a period of increases, interest rates are on the downswing and are projected to fall further," an Ally spokesperson said on Friday, noting that, "Even with this change, our rate remains at 20-times the national average."
The Federal Reserve began, after a prolonged period of net neutral rates, raising interest rates in 2015. But after nine increases, policymakers signaled during their latest meeting in June that a rate cut could be on the horizon, thanks to concerns about slowing global growth and a U.S.-China trade spat.
"The reason you may see these lowering of deposit rates is the three-month treasury has moved down, and it was upwardly sloping three months to 10 years, eight weeks ago," President of the Federal Reserve Bank of Dallas Robert Kaplan said on Friday.
Currently, traders are pricing in a 100 percent chance of a Fed rate during the upcoming July meeting, which is slated to take place at the end of the month.
thanks captain obvious
Kaplan told FOX Business' Maria Bartiromo during an interview that there's a bit of an echo chamber effect: Essentially, banks think the U.S. central bank will lower rates, so they're doing so preemptively.
https://www.foxbusiness.com/financials/goldman-sachs-ally-financial-interest-rates-federal-reserve
need anymoar evidence they will cut the FRB rates end of next month?-you shouldn't after this.
'Goldman was granted a retail banking license in the aftermath of the '08 crash.
#3921316 at 2018-11-16 03:13:15 (UTC+1)
Q Research General #4987: Comfy Crackling Fire (To Flush Out Cabalists By) Edition
Fed watchers left puzzled by what Powell was trying to communicate
"Powell alongside Dallas Fed President Robert Kaplan discussed everything from the global economy to details about his previous job as a Fed governor. He emphasized the U.S. economy was strong while he had concerns about how long the recovery could last."
https://www.marketwatch.com/story/fed-watchers-left-puzzled-by-what-powell-was-trying-to-communicate-2018-11-15
#3440930 at 2018-10-11 18:50:00 (UTC+1)
Q Research General #4362: Hero's Journey Edition
Is The Fed Trying To Tank The Trump Economy Before The Midterms?
Dallas Fed President Robert Kaplan said he still favors the central bank raising short-term interest rates three more times before deciding whether more increases will be necessary to keep the economy on an even keel.
This suggests the Federal Reserve should lift rates at its December, March and June policy meetings "unless something changes," Mr. Kaplan said Tuesday in a Wall Street Journal interview.
Fed Chairman Jerome Powell said then that rates remain low enough to continue stimulating economic growth. But according to the Wall Street Journal other officials have expressed a range of views, and some uncertainty, about how high rates would have to go to reach a so-called neutral level that neither spurs nor slows growth.
The policy makers' latest economic forecasts showed a median estimate of 3% for this neutral point over the long term. But some estimate the neutral level could be higher in the short run according to reporting by the Wall Street Journal's Michael S. Derby.
http://www.conservativehq.com/node/28912
#3424378 at 2018-10-10 15:37:00 (UTC+1)
Q Research General #4341: Plan Status: Trusted Edition
Law enforcement will not be able to control the full blown MAGA Riots.
According to a startling Pentagon video obtained by The Intercept, the future of global cities will be an amalgam of the settings of "Escape from New York" and "Robocop" - with dashes of the "Warriors" and "Divergent" thrown in. It will be a world of Robert Kaplan-esque urban hellscapes - brutal and anarchic supercities filled with gangs of youth-gone-wild, a restive underclass, criminal syndicates, and bands of malicious hackers.
https://theintercept.com/2016/10/13/pentagon-video-warns-of-unavoidable-dystopian-future-for-worlds-biggest-cities/
8chan/8kun QRB Posts (27)
#143408 at 2022-07-21 15:07:25 (UTC+1)
QRB General #971: UK Anons Now On TS, Welcome Here Always Edition
Moar Dindu-he had enough Muni. Bonds to have 22 transactions is pretty damning (but 'legal') and "new rules"-this entire 'blind trust' shit with the wife is hilarious-she had no idea but sold his other shit at just the 'right time' in 2019 and 2020-rule should be NOTHING if you are the fuggen Chair of the Federal ReserveN-O-T-H-I-N-Gand if you won't then you can't be the FED Chair-simple as that
Powell Sells Muni Holdings as New Fed Ethics Rules Take Effect
Federal Reserve Chair Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the US as tough new ethics rules took effect for central bank officials in the wake of a trading scandal last year.
The 22 separate transactions on June 30, with a total value ranging from about $1.2 million to $2.5 million, were detailed in a disclosure dated July 1 and published Thursday by the US Office of Government Ethics. Powell's sales came at the early end of the 12 months that Fed officials have to dispose of prohibited holdings under the new rules, which were adopted in February and went into effect on May 1. Powell introduced the measures to avoid a repeat of the ethics scandal that engulfed the Fed in 2021. Revelations emerged on the unusual trading activities of some senior officials the year before as the central bank took emergency action to shield the US economy from the spread of Covid-19. A Fed spokesperson said the central bank didn't immediately have a comment. The Fed's inspector general, Mark Bialek, announced last week that he had cleared Powell and former Vice Chair Richard Clarida's trading activity, saying they had not broken any rules, but a probe into the former heads of the Dallas and Boston regional Fed banks remained open.
Then-Boston Fed President Eric Rosengren and his Dallas counterpart, Robert Kaplan, stepped down last year after questions were raised about their trading activity during 2020. Rosengren cited ill health in announcing his early retirement.
https://www.bnnbloomberg.ca/powell-sells-muni-holdings-as-new-fed-ethics-rules-take-effect-1.1795128
#142778 at 2022-07-14 21:15:40 (UTC+1)
QRB General #966: RIP Ivana Trump Edition
Fed Finds Fed Did Nothing Wrong
In what is likely the least surprising news headline of the day, The Federal Reserve's Watchdog has cleared Chair Jerome Powell and former Vice Chair Richard Clarida of any wrongdoing in their trading activity.
"We did not find evidence to substantiate the allegations that former Vice Chair Clarida or you violated laws, rules, regulations, or policies related to trading activities as investigated by our office," Inspector General Mark Bialek said in a letter to Powell dated June 11 and published Thursday. Powell's wife knew nothing...
We found that your spouse, as trustee of the Powell family trust, notified the trust financial advisor of the need to make funds available for charitable donations each December during the time period we reviewed. On December 9, 2019, your spouse notified the financial advisor that the trust would be writing charitable donation checks and requested to be informed when the funds became available. The trust financial advisor had noted the blackout period on the financial advisory team's calendar prior to executing the trades, but executed the five trades on December 11, 2019. The trust financial advisor subsequently acknowledged that executing the trades during the blackout period was an "oversight" on the team's part. We found no evidence that you or your spouse had contemporaneous knowledge that the five transactions were executed during the blackout period. As such, we found that you did not violate the FOMC trading blackout rule.
Former Boston Fed President Eric Rosengren and former Dallas Fed President Robert Kaplan are still under investigation..
https://www.zerohedge.com/markets/fed-finds-fed-did-nothing-wrong
Kaplan and Rosengren....:I still "under investigation" they won't do nuffin either and Kaplan's example is the worst-he din't even try to hide it
#127675 at 2022-02-22 17:10:51 (UTC+1)
QRB General #862: Truth Counters Ridiculous Bullshit Edition
The Fed Just Added Short-Selling and Margin Loans to Its List of Trading Restrictions for Fed Officials - Opening a Big Can of Worms
On October 21 of last year, when the Fed originally announced its list of trading restrictions that it planned to impose on Fed officials, it made no mention of restricting its officials from short-selling (making bets on a decline in price) or preventing Fed officials from trading on margin. But when the Fed announced its finalized rules last Friday, "short sales or purchasing securities on margin" were added to the list of prohibitions.
Why do we find that noteworthy? Because it was Wall Street On Parade that asked the Dallas Fed if its President at the time, Robert Kaplan, was shorting the market when he made those "over $1 million" trades in and out of S&P 500 futures contracts in 2020, a year when the S&P 500 dropped by as much as 30 percent between January 2 and March 23. The Dallas Fed, bizarrely, declined to answer that question. We wrote at the time: "Adding to alarm bells around Kaplan's trading, the Dallas Fed's communications team declined to provide a yes or no answer to our question as to whether Kaplan shorted the market in 2020. (Shorting means to place a trade that grows in value if the market or security declines in price.)
"If a member of the central bank of the United States shorted the market in 2020, in the midst of an economic and health crisis, it would be interpreted by millions of Americans as betting against the country. There is not a good explanation we can think of for why the Dallas Fed's communications team would not want to get that question quickly disposed of."
Kaplan was a sophisticated trader who previously worked at Goldman Sachs for 22 years, rising to the rank of Vice Chairman. His financial disclosure forms suggest that Kaplan maintained a trading relationship with Goldman Sachs, since he lists proprietary products created by "GS," short for Goldman Sachs. Goldman Sachs has been supervised by the Fed since 2008.
There are three typical reasons for an individual to trade S&P 500 futures: (1) the individual thinks he or she can time the market's moves; (2) the individual wants to trade before or after stock exchange hours; (3) the individual wants to make highly leveraged bets on the market's direction, going both long and short. Kaplan was a voting member of the Fed's Federal Open Market Committee (FOMC) in 2020, where he had access to market-moving information throughout the unprecedented first year of the pandemic. There was no good reason for a man in this position to be trading in S&P 500 futures for his own account.
And yet, Jerome Powell, the Fed Chair at the time and President Biden's current nominee for a second term as Fed Chair, said this when Kaplan stepped down as a result of the fallout from the trading scandal on September 27 of last year: "We are grateful for Rob's six years of service as President of the Federal Reserve Bank of Dallas and as a valued colleague in the FOMC. He has been a passionate and forceful public voice on a wide range of issues, including the critical value of early childhood education and literacy. In addition, he strengthened the Bank's economic research and played a very constructive role in Systemwide management, budget and technology efforts. We wish him well."
Drawing further suspicions around Kaplan, he failed to comply with the Fed's official financial disclosure rules to list the dates of his trades. Instead of listing the individual date for each purchase and each sale, he substituted the word "Multiple." That eliminated the ability to detect a short sale as well as the ability to determine how many millions of dollars (or tens of millions of dollars) Kaplan had invested in his S&P 500 bets.
moar
https://wallstreetonparade.com/2022/02/the-fed-just-added-short-selling-and-margin-loans-to-its-list-of-trading-restrictions-for-fed-officials-opening-a-big-can-of-worms/
#119929 at 2022-01-10 21:44:35 (UTC+1)
QRB General #814: We Shall Defend Our REPUBLIC!! Edition
Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds.
In an announcement released Monday afternoon, Clarida said he will be stepping down from his post this Friday. His term expires on Jan. 31.
The move comes following additional disclosures regarding trades Clarida made in February 2020, around the time when the Fed was getting ready to roll out what eventually would become its most aggressive policy tools ever, in an effort to combat the Covid crisis.
"Rich's contributions to our monetary policy deliberations, and his leadership of the Fed's first-ever public review of our monetary policy framework, will leave a lasting impact in the field of central banking," Fed Chairman Jerome H. Powell said in a statement. "I will miss his wise counsel and vital insights."
Clarida's exit comes amid heightened scrutiny over what he had described as pre-planned portfolio rebalancing on Feb. 27, 2020. However, recent disclosures, first reported by the New York Times, showed that three days earlier, Clarida sold shares in three stock funds that he would repurchase on the 27th.
Markets dropped on Feb. 24 amid worries that the spreading coronavirus could cause substantial economic damage. On Feb. 26, Fed policymakers huddled to discuss what policy moves they might take to combat what eventually would become a full-blown pandemic.
Within weeks, the Fed would cut its benchmark interest rate to zero and institute an unprecedented array of lending and liquidity programs to help the economy and financial markets function.
Clarida's announcement did not mention anything about the controversy, which has been a focal point of Fed criticism from Sen. Elizabeth Warren (D-Massachusetts) and some other lawmakers. Two regional Fed presidents, Eric Rosengren of Boston and Robert Kaplan of Dallas, both resigned following questions over their trading activities.
https://www.cnbc.com/2022/01/10/fed-vice-chair-clarida-to-step-down-early-following-scrutiny-over-his-trades-during-pandemic.html
#102543 at 2021-10-20 19:36:29 (UTC+1)
QRB General #668: Bringing The Villains To Heel Edition
>>95948 pb Boston Fed President Eric Rosengren To Retire After Ethics Issue
>>100579 pb Boston Fed launches search for new president, hires exec. talent firm
Boston Fed will not release documents on its former president's trades
The Boston Federal Reserve will not release documents that could show whether its former president vetted a series of personal investments last year with its ethics officer, a spokesman for the regional Fed bank said, a key point in an ongoing ethics controversy at the U.S. central bank.
Eric Rosengren, along with Dallas Fed President Robert Kaplan, stepped down after details of their trading activities in 2020 were reported in the media last month, raising questions about whether Fed rules on policymakers' financial investments are strict enough given their market-sensitive roles.
Their investing activities and those of other top Fed officials including Chair Jerome Powell, in a year when the central bank delivered an unprecedented response to the economic threat posed by the coronavirus pandemic, have erupted into a full-blown controversy that may weigh on whether Powell is reappointed as Fed chief. In a statement issued shortly after the initial reports, Rosengren said he would sell the securities in question, including shares in real estate investment trusts, the value of which could be influenced by Fed policy decisions. Rosengren also said the investments "were permissible under Fed ethics rules for asset types and timeframes for transactions." Responding to a Reuters request for any documents from the Boston Fed's general counsel or ethics officer underlying that comment, a spokesman for the regional bank emailed a statement on Tuesday that deferred to a broad review of Fed ethics rules launched by Powell last month. "We will not be able to provide internal communications of that nature," the statement said. "The Chair has called for reviews of the ethics rules and frameworks. We welcome them, and will cooperate fully - and won't publicly address specifics so as to see those reviews proceed fully, without prejudgment or distraction."
Reuters has requested similar documents from the Dallas Fed as well as the Fed's Board of Governors - the panel of officials who oversee the entire U.S. central bank system. A Dallas Fed spokesman said the request had been forwarded to the regional bank's general counsel. There has been no response yet on the request filed to the Fed's Board of Governors under the federal Freedom of Information Act. The 12 regional Fed banks are quasi-private entities not governed by the Freedom of Information Act, and can be selective about the documents they make public. Republican U.S. Senator Steve Daines pointedly questioned Powell about this issue at a recent congressional hearing. Other prominent lawmakers, including Senate Banking Committee Chair Sherrod Brown, a Democrat, plan to introduce legislation restricting Fed officials' ownership of shares of individual companies. Democratic Senator Elizabeth Warren has asked for securities regulators to investigate the transactions and demanded an ethics overhaul at the Fed's regional banks. In a Sept. 20 letter to Warren, St. Louis Fed President James Bullard, writing on behalf of all the Fed regional banks, said they would abide by whatever new guidance emerges from Powell's review.
https://www.reuters.com/article/usa-fed-ethics/boston-fed-will-not-release-documents-on-its-former-presidents-trades-idUSL1N2RG19C
#101931 at 2021-10-18 15:04:53 (UTC+1)
QRB General #663: Aluminum Based Life Form????? Edition
JUST IN - Chair of the U.S. Federal Reserve, Jerome Powell, reportedly sold up to $5 million worth of stock right before the stock market suffered a significant drop
https://twitter.com/disclosetv/status/1450109722737233921
Jerome Powell Sold More Than a Million Dollars of Stock as the Market Was Tanking
Federal Reserve Chairman Jerome Powell sold between $1 million and $5 million worth of stock from his personal account on October 1, 2020, according to disclosure forms reviewed by the Prospect. Powell's sale of shares from a Vanguard Total Stock Market Index Fund has not been previously reported. This sale occurred right before the Dow Jones Industrial Average suffered a significant drop.
A Fed media relations spokesperson was not available for comment. We will report on any Fed statement on Powell's trades.
Three other senior Fed officials have faced serious criticism for making stock trades during the pandemic. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren were compelled to take early retirements as a result of the disclosure of their trades. Fed Vice Chair Richard Clarida also came under fire for stock trading. The other trades are now the subject of investigations by the Fed's own inspector general and the SEC.
There is no American with more insider knowledge about government policy that drives financial market movements than the chair of the Federal Reserve. And as COVID caseloads, hospitalizations, and deaths spiked last fall, the economy was in a precarious condition. October turned out to be the stock market's worst month since March 2020, when the pandemic began.
The Dow would lose 1,600 points in October, or 6 percent of its value. (It would recoup those losses and then some in subsequent months.)
https://prospect.org/economy/powell-sold-more-than-million-dollars-of-stock-as-market-was-tanking/
#96382 at 2021-09-28 18:42:55 (UTC+1)
QRB General #621: So What's Goin' On with DiFi? Edition
>>96108 pb Rob Kaplan to retire as Dallas Fed president after controversy over financial disclosures
Goldman Sachs Refuses to Say If It Was Placing Trades for Dallas Fed President Kaplan as Materially False Statement Released by Board on Kaplan's Relationship with Goldman Sachs
The biggest trading scandal in the Federal Reserve's 108-year history took down two Federal Reserve Bank Presidents yesterday. Boston Fed President Eric Rosengren, who traded in and out of REITs last year in amounts of $1,000 to $50,000, will leave this Thursday; Dallas Fed President Robert Kaplan, whose trading made Rosengren look like a Boy Scout, will step down from his post at the end of next week. Kaplan was making repeated trades of "over $1 million" in S&P 500 futures (an instrument used during and after stock exchange hours by hedge funds) as well as making "over $1 million" trades in a litany of individual stocks.
Just as a poker player can give away his hand with a tell, financial disclosure statements can also provide a tell as to the name of the Wall Street firm that is placing the trades.
Dallas Fed President Robert Kaplan has a "tell" on his financial disclosure forms that suggests he was placing at least some of his trades at the Wall Street firm where he worked for 22 years, Goldman Sachs, the global trading behemoth. Most trading accounts at the major firms have what is called a "sweep account." When a trader sells a stock, instead of the proceeds sitting in cash without earning interest, the proceeds are "swept" into a designated money market fund. The only money market fund that Kaplan indicates he owns is listed as the "GS Financial Square Money Market Fund" on his financial disclosure form. GS stands for...wait for it...Goldman Sachs. The Goldman Sachs Financial Square Money Market Fund was not listed on Kaplan's financial disclosure form for calendar year 2015, the year he joined the Dallas Fed. But it was listed on his financial disclosure forms for years 2016 through 2020.
We have now reached out via email, over multiple days, to a total of five of Goldman Sachs' media relations staff, including a Managing Director and Head of Media Relations, inquiring as follows: "Wall Street On Parade has significant reasons to believe that Dallas Fed President, Robert Kaplan, was conducting at least some of his trades that have been in the news recently through an account at Goldman Sachs. "(1) Can you tell me if Kaplan was trading his numerous 'over $1 million' S&P 500 futures trades through Goldman Sachs or (2) his 'over $1 million' individual stock trades at Goldman Sachs; or (3) if he was conducting both S&P 500 futures and individual stock trades at Goldman Sachs." We heard dead silence from all five media relations folks. In the second email we reminded Goldman Sachs of the following: "As you may know, Goldman Sachs remains under a Deferred Prosecution agreement for a criminal charge with the Department of Justice and an ongoing 3-year probation period. Given the serious issues we raise in an article today around the failed compliance obligations of the brokerage firm that conducted these trades for Kaplan, we would expect that Goldman Sachs would want to get it on the public record quickly if it did not conduct these trades for Kaplan." Again, all we heard was dead silence from Goldman Sachs.
Can we conclusively say that Kaplan was making his trades with the firm where he spent the bulk of his career, no we can't. But we can conclusively state that two members of the Dallas Fed Board of Directors, speaking on behalf of the entire Board, released a materially false statement yesterday regarding Kaplan's relationship with Goldman Sachs. The statement released yesterday by Greg Armstrong, Chair of the Board of Directors of the Dallas Fed, and Thomas Falk, Deputy Chair "on behalf of and with the unanimous endorsement of" the entire Board, included these two sentences: "Upon joining the Bank, Rob systematically sold all of his personal holdings related to financial institutions over which the Federal Reserve had regulatory oversight or were otherwise restricted. Rob also conducted his investment activities in accordance with the rules and policies of the Federal Reserve System." The first sentence is materially false. Kaplan held a position offered by Goldman Sachs, a "financial institution over which the Federal Reserve had regulatory oversight" at the time of his first financial disclosure at the Dallas Fed in 2015. He held multiple positions offered by Goldman Sachs after joining the Dallas Fed. The second sentence is spurious; Kaplan violated at least two of the prohibitions in the Dallas Fed Code of Conduct.
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#95948 at 2021-09-27 13:59:33 (UTC+1)
QRB General #618: Organic or No? Edition
Boston Fed President Eric Rosengren To Retire After Ethics Issue
Boston Fed President Eric Rosengren, one of the senior Fed officials caught up in the trading disclosures scandal earlier this month, has abruptly decided to retire on Sept. 30, newswires report.
His first vice president, Kenneth Montgomery, will assume the role of interim president and CEO of the Boston Fed bank until a permanent replacement can be found. But crucially, as of now, Montgomery will be the one casting the Boston Fed's vote on the FOMC starting next year, unless a permanent replacement for Rosengren can be found more quickly.
While many have already likely assumed Rosengren's departure is related to the trading ethics scandal (and he was not the only senior Fed official to have been ensnared, with his colleague Robert Kaplan in Dallas and even Powell to an extent), according to Rosengren, he has a kidney condition, and staving off dialysis is dependent on him making "lifestyle changes". Previously, he had planned on retiring in June 2022, in according with the mandatory retirement at 65 rule. In a message to the Bank's staff, Dr. Rosengren revealed for the first time that he qualified for the kidney transplant list in June of 2020, during the pandemic, upon the worsening of a kidney condition he has had for many years. Delaying the need for dialysis might be improved if he makes lifestyle changes now to lessen the risks of his condition. Rosengren said, "It has been an honor to serve at the Federal Reserve System, in a job where one can be constantly engaged in pursuing the economic and financial well-being of the country and New England. I know that my colleagues will build on our progress, and continue making a difference for the public we serve." There were notably calls from some for the officials involved to step down from the Fed in the wake of the ethics scandal. Chair Powell has already ordered a formal review.
Fed Chairman Jerome Powell has already released a statement: "Eric has distinguished himself time and again during more than three decades of dedicated public service in the Federal Reserve System. He led the Fed's work in managing several emergency lending facilities in two separate periods of economic crisis. In addition to his monetary policy insights, Eric brought a relentless focus on how best to ensure the stability of the financial system. My colleagues and I will miss him."
And as for Rosengren's kidney issue, we can't help but wonder: is this a recent development? It's not for us to speculate but the timing certainly seems...curious.
Rosengren retires because of health issues. From a week ago: He "made as many as 37 separate trades in the four REITS while the Fed purchased almost $700 billion in mortgage backed securities". https://t.co/81ubXGqmOI- Quoth the Raven (@QTRResearch) September 27, 2021
As far as succession goes, the Boston Fed's search committee will consist of the six non-banker board of directors members, and will be chaired by Dr. Paxson. According to US = law, only directors not affiliated with regulated banks or financial institutions are eligible to help select a Federal Reserve Bank president. The choice must be approved by the Federal Reserve's Board of Governors.
https://www.zerohedge.com/markets/boston-fed-president-eric-rosengren-retire-after-ethics-issue
#93849 at 2021-09-21 16:08:48 (UTC+1)
QRB General #603: Tuesday Morning Melania Edition
Globals
HELP WANTED: learn how to bake today! Ask any baker
Endchan site has 3 possible extensions: .net, .org, .gg New PSA
>>92136 Copy POSTS w/IMAGES you want to access after 24 hours on endchan.net/qrbunker. NOT Gerbil's board. NEW
>>82749 Guidelines on CP, what to report in addition to illegal images
Notables
are not endorsements
#602
>>93784, >>93810, >>93824, >>93829 ToToozday eyez on the skyz
>>93819 Democrats Unveil Stopgap Funding Bill, Debt Ceiling Suspension As Goldman Warns Of Shutdown "Collision Course"
>>93792 "F**K The Jab, Long Live Australia" - 20,000 Shut Down Melbourne Highway In Massive Lockdown Protest
>>93791 Evergrande Misses Debt Payments Due Monday As World's Richest Banker Says China's "Lehman Moment" Has Arrived
>>93790 Japan's MUFG to sell unit of Union Bank to U.S. Bancorp for $7bn
>>93783 Thousands Attend at "Mandate Free Maui" Against Tyrannical Governance Imposed in the State of Hawaii
>>93782 Maricopa County Supervisor Steve Chucri Caught in Leaked Recording: The Maricopa County Voting Machine Company Audit and Recount - "Was Pretty BULLSH*T By The Way"
>>93781 Canadian Media Project Liberal Justin Trudeau Has Survived Snap Elections, Holds Prime Ministership
>>93773 Project Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Shit"
>>93760, >>93767, >>93770 Melbourne: deny people the opportunity to earn a living and feed their families, you're likely to witness some pretty primal behaviour in response.
>>93752, >>93755 Death of the Deep State: Rockefeller medicine. been about control since the beginning
>>93737, >>93827 Comparing vaxxed and unvaxxed blood under dark field microscope
>>93720 Currently there are 817,625 Indictments on the Indictments List.
>>93836 #602
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636, >>93680, >>93683 Moar Monday planefaggin
>>93709 Amazon in Mexico
>>93707 CM: Audio of Supervisor Steve Chucri Caught on Tape!
>>93702, >>93710, >>93711 "Sometimes you gotta ask Google the right questions..."/Pfizer payout $1B/ #CRIMINAL.PERIOD.
>>93701 Very Cool 3 year delta that just hit
>>93695, >>93696, >>93697, >>93698, >>93699, >>93700 45 suggested articles
>>93693 @USNavy Train, then train some more! 💪 ?
>>93691 AG Ken Paxton: Fighting Back Against Federal Overreach On Vaccines, Abortion & Election Integrity
>>93688 Scavino: Who Where the bodies R
>>93687 x22 Ep. 2581b - "We Must Fight", Running Red, Sonic Boom, Operation Mockingbird
>>93683 County Judge: 1,500 Haitian migrants sent from Del Rio to El Paso since Friday
>>93678, >>93690 Louisiana State University Begins Disenrolling Students Not Compliant With Vaccine Rules
>>93674, >>93675, >>93677 Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Sh*t"
>>93672, >>93673, >>93676, >>93681 Scavino: Stormville Rd
>>93671 Iran got EID bots
>>93669 Bowser mandates COVID-19 vaccination for adults who are regularly at schools, and for student-athletes ages 12 and up
>>93668 Scavino: demand CRT be removed from schools petition
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
>>93714 #601
#93715 at 2021-09-21 04:20:17 (UTC+1)
QRB General #602: Nothing Can Stop What's Coming Edition
Globals
HELP WANTED: learn how to bake today! Ask any baker
Endchan site has 3 possible extensions: .net, .org, .gg New PSA
>>92136 Copy POSTS w/IMAGES you want to access after 24 hours on endchan.net/qrbunker. NOT Gerbil's board. NEW
>>82749 Guidelines on CP, what to report in addition to illegal images
Notables
are not endorsements
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636, >>93680, >>93683 Moar Monday planefaggin
>>93709 Amazon in Mexico
>>93707 CM: Audio of Supervisor Steve Chucri Caught on Tape!
>>93702, >>93710, >>93711 "Sometimes you gotta ask Google the right questions..."/Pfizer payout $1B/ #CRIMINAL.PERIOD.
>>93701 Very Cool 3 year delta that just hit
>>93695, >>93696, >>93697, >>93698, >>93699, >>93700 45 suggested articles
>>93693 @USNavy Train, then train some more! 💪 ?
>>93691 AG Ken Paxton: Fighting Back Against Federal Overreach On Vaccines, Abortion & Election Integrity
>>93688 Scavino: Who Where the bodies R
>>93687 x22 Ep. 2581b - "We Must Fight", Running Red, Sonic Boom, Operation Mockingbird
>>93683 County Judge: 1,500 Haitian migrants sent from Del Rio to El Paso since Friday
>>93678, >>93690 Louisiana State University Begins Disenrolling Students Not Compliant With Vaccine Rules
>>93674, >>93675, >>93677 Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Sh*t"
>>93672, >>93673, >>93676, >>93681 Scavino: Stormville Rd
>>93671 Iran got EID bots
>>93669 Bowser mandates COVID-19 vaccination for adults who are regularly at schools, and for student-athletes ages 12 and up
>>93668 Scavino: demand CRT be removed from schools petition
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
>>93714 #601
#600
>>93416, >>93418, >>93431, >>93440, >>93443, >>93457, >>93474, >>93511, >>93530, >>93547, >>93580, >>93581 Munday eyez on the skyz
>>93575 45: ICYMI: "Biden, Blinken failing-weak, feckless leadership creating series of disasters, hurting US"
>>93573, >>93579 Nephrotic syndrome and vasculitis following SARS-CoV-2 vaccine: true association or circumstantial?/CVT?
>>93572 Grassley/Q 10 days-FF
>>93571 Marjorie Taylor Greene Accuses Biden Of Treason, Calls For His Impeachment
>>93570 DHS is focused on "meeting the challenge." Del Rio
>>93565 Empty tequila bottles on future Air Force One prompts Boeing probe
>>93559, >>93574 Psaki being filmed?
>>93551, >>93553, >>93554 Jake Sullivan up on the Sussman indictment
>>93545 Sinic Holdings Group Shanghai-Based Property Developer Crashes 87% In Minutes Before It Is Halted
>>93544 Supreme Court Will Hear Direct Challenge To Roe In December
>>93543 Soros Funds The Bush-Clinton-Obama Group Pushing For Afghan Migrants
>>93542 SEC Expands U.S. Investor Warning on Chinese Stock Investments
>>93541, >>93558 Richard Ebright and 15 Top Scientists Eviscerate Fauci and Daszak in Lancet Medical Journal
>>93540 Judge in 2020 Election Case Hands Investigation Over to Attorneys for Corrupt SoS Raffensperger - Gives Them 20 Days
>>93533, >>93538 Del Rio Mayor Calls Out Biden, Harris for Failing to Visit Border in Crisis: 'Why Aren't You Here?'
>>93528, >>93529 CAUSE OF DEATH AFTER COVID-19 VACCINATION UNDECLARED COMPONENTS OF THE COVID-19 VACCINES
>>93510, >>93512, >>93513, >>93520, >>93521, >>93537, >>93539 Protesters Tear Down Georgia Guidestones
>>93507 Botus gonna call for Russian election audit?
>>93506, >>93517 MASS CASUALTY EVENT - NEWPORT NEWS VIRGINIA
>>93502, >>93504, >>93515 Arabella/Kessler diggz
>>93495, >>93496, >>93497 The Indictment of Hillary Clinton's Lawyer is an Indictment of the Russiagate Wing of U.S. Media
>>93484, >>93485 Right now, the Mainstream Media is what blinding the public
>>93479 Greenwald threadrapp on Killery, Russiagate
>>93471 Trump quietly unleashes his mob? LMAO they skeered huh
>>93470 Today launches the @AirForceAssoc's Air, Space & Cyber Conference! #ASC21
>>93467 Fed to reveal new projections with investors on alert for rate liftoff timing
>>93464 Trump CFO's Lawyer Says More Indictments Likely in N.Y. Case
>>93461 Twitter in $810 Million Settlement of Shareholder Suit on Growth
>>93453 LIVE NOW: Fulton County Georgia Ballot Inspection Hearing - Monday at 9 AM - Video Link Below - UPDATE: JUDGE AMERO GIVES COUNTY 20 DAYS TO PROVIDE MORE INFORMATION
>>93448 Trump Treasury Secretary Steve Mnuchin Launches $2.5 Billion Private Equity Fund
>>93414, >>93426 Futures Slide, Europe Tumbles As Evergrande Contagion Shockwave Goes Global. workers got a tough choice: Loan it cash or lose bonus
>>93388 Dan Scavino: #UNMASKOURCHILDREN "This is my poor kid at daycare today so i can work"
>>93375 (OP), >>93386, >>93412, >>93452 Habby #600 QRB
>>93583 #600
Previously Collected Notables:
>>92813 #595, >>92922 #596, >>93036 #597, >>93171 #598, >>93371 #599
>>92146 #589, >>92307 #590, >>92391 #591, >>92528 #592, >>92635 #593, >>92716 #594
>>91342 #583, >>91513 #584, >>91660 #585, >>91772 #586, >>91944 #587, >>92023 #588
QRB notables archived here >>>/qrb/9528
Notables aggregator https://wearethene.ws
Notables aggregator https://qnotables.com
#93714 at 2021-09-21 04:19:19 (UTC+1)
QRB General #601: We Have It All Edition
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636, >>93680, >>93683 Moar Monday planefaggin
>>93709 Amazon in Mexico
>>93707 CM: Audio of Supervisor Steve Chucri Caught on Tape!
>>93702, >>93710, >>93711 "Sometimes you gotta ask Google the right questions..."/Pfizer payout $1B/ #CRIMINAL.PERIOD.
>>93701 Very Cool 3 year delta that just hit
>>93695, >>93696, >>93697, >>93698, >>93699, >>93700 45 suggested articles
>>93693 @USNavy Train, then train some more! 💪 ?
>>93691 AG Ken Paxton: Fighting Back Against Federal Overreach On Vaccines, Abortion & Election Integrity
>>93688 Scavino: Who Where the bodies R
>>93687 x22 Ep. 2581b - "We Must Fight", Running Red, Sonic Boom, Operation Mockingbird
>>93683 County Judge: 1,500 Haitian migrants sent from Del Rio to El Paso since Friday
>>93678, >>93690 Louisiana State University Begins Disenrolling Students Not Compliant With Vaccine Rules
>>93674, >>93675, >>93677 Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Sh*t"
>>93672, >>93673, >>93676, >>93681 Scavino: Stormville Rd
>>93671 Iran got EID bots
>>93669 Bowser mandates COVID-19 vaccination for adults who are regularly at schools, and for student-athletes ages 12 and up
>>93668 Scavino: demand CRT be removed from schools petition
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
#601
#93712 at 2021-09-21 04:18:08 (UTC+1)
QRB General #601: We Have It All Edition
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636, >>93680, >>93683 Moar Monday planefaggin
>>93709 Amazon in Mexico
>>93707 CM: Audio of Supervisor Steve Chucri Caught on Tape!
>>93702, >>93710 "Sometimes you gotta ask Google the right questions..."/Pfizer payout $1B/ #CRIMINAL.PERIOD.
>>93701 Very Cool 3 year delta that just hit
>>93695, >>93696, >>93697, >>93698, >>93699, >>93700 45 suggested articles
>>93693 @USNavy Train, then train some more! 💪 ?
>>93691 AG Ken Paxton: Fighting Back Against Federal Overreach On Vaccines, Abortion & Election Integrity
>>93688 Scavino: Who Where the bodies R
>>93687 x22 Ep. 2581b - "We Must Fight", Running Red, Sonic Boom, Operation Mockingbird
>>93683 County Judge: 1,500 Haitian migrants sent from Del Rio to El Paso since Friday
>>93678, >>93690 Louisiana State University Begins Disenrolling Students Not Compliant With Vaccine Rules
>>93674, >>93675, >>93677 Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Sh*t"
>>93672, >>93673, >>93676, >>93681 Scavino: Stormville Rd
>>93671 Iran got EID bots
>>93669 Bowser mandates COVID-19 vaccination for adults who are regularly at schools, and for student-athletes ages 12 and up
>>93668 Scavino: demand CRT be removed from schools petition
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
#601
bake set
final
hold em
bacon
#93705 at 2021-09-21 03:59:37 (UTC+1)
QRB General #601: We Have It All Edition
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636, >>93680, >>93683 Moar Monday planefaggin
>>93702 "Sometimes you gotta ask Google the right questions..."/Pfizer payout $1B
>>93701 Very Cool 3 year delta that just hit
>>93695, >>93696, >>93697, >>93698,
>>93699, >>93700 45 suggested articles
>>93693 @USNavy Train, then train some more! 💪 ?
>>93691 AG Ken Paxton: Fighting Back Against Federal Overreach On Vaccines, Abortion & Election Integrity
>>93688 Scavino: Who Where the bodies R
>>93687 x22 Ep. 2581b - "We Must Fight", Running Red, Sonic Boom, Operation Mockingbird
>>93683 County Judge: 1,500 Haitian migrants sent from Del Rio to El Paso since Friday
>>93678, >>93690 Louisiana State University Begins Disenrolling Students Not Compliant With Vaccine Rules
>>93674, >>93675, >>93677 Veritas: PART 1: Federal Govt HHS Whistleblower Goes Public With Secret Recordings "Vaccine is Full of Sh*t"
>>93672, >>93673, >>93676, >>93681 Scavino: Stormville Rd
>>93671 Iran got EID bots
>>93669 Bowser mandates COVID-19 vaccination for adults who are regularly at schools, and for student-athletes ages 12 and up
>>93668 Scavino: demand CRT be removed from schools petition
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
#601
baker getting tired
czech em
lemme know
#93667 at 2021-09-21 00:54:14 (UTC+1)
QRB General #601: We Have It All Edition
#601
>>93600, >>93601, >>93605, >>93607, >>93616, >>93624, >>93625, >>93636 Moar Monday planefaggin
>>93664 We looked to Durham's next steps -
>>93655, >>93654 Kash Patel from CPAC
>>93658, >>93662 Hundreds of Navy SEALS told they won't be deployed if they refuse COVID vaccine
>>93640, >>93665 #JusticeforJ6 @CBP confirms arrest employee + US attorney declined to prosecute.
>>93633, >>93634 Downunder Supreme Court hearing with media black out
>>93631 45 on US fast becoming a 3rd world nation
>>93629, >>93630 The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
>>93618 MP Materials Corp. sold by Chair/CEO: $109.20m-Sept 1665ew
>>93616 Scott Morrison's hand-picked General given new military challenge following COVID vaccine rollout
>>93609, >>93611 Dow Plummets 614 Points as Fear of China Contagion Takes Hold
>>93608 Pathology conference (Fuellmich / 2020news) uploaded now to anonfiles
>>93606, >>93610 White House: Illegal Aliens Do Not Need Proof of Vaccination Because 'Not Intending to Stay'
>>93604 Opendoor Technologies sold by SoftBank Vision Fund: $537.41m-Sept 16
>>93600 Biden To Announce 'Good News' On $100 Billion UN Climate Fund
>>93595 For entire perma-collection of Psaki press conference images:
#601
lemme know
#93630 at 2021-09-20 23:50:35 (UTC+1)
QRB General #601: We Have It All Edition
>>93629
2 of 2
Take March 12, 2020 for example. Shortly after the opening bell at 9:30 a.m. at the New York Stock Exchange, the Dow Jones Industrial Average was down 2,000 points and was locked, limit down, meaning trading was temporarily suspended. (The New York Stock Exchange suspends all trading for 15 minutes when the S&P 500 Index drops 7 percent, which occurred shortly after the opening bell on March 12.) At 12:58 p.m. on March 12, the New York Fed commenced a series of unprecedented Tweets. The official statement from the New York Fed said that the FOMC had been consulted in advance of these announcements, meaning that Kaplan had advance knowledge.
The gist of the announcement on March 12, during market trading hours, was that the Fed would be offering $500 billion in 3-month repo loans to its primary dealers (Wall Street trading firms) at 1:30 p.m. that day, which was on top of the $198.10 billion the Fed had already loaned the street in its morning repo loan operations. In addition, the announcement indicated that the Fed would offer another $1 trillion the next day in repo loans and $1 trillion a week in repo loans "for the remainder of the monthly schedule." One minute after the Tweet from the New York Fed, this headline ran at CNBC: "Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown." The stock market immediately shaved 500 points from its losses. Unfortunately, market losses accelerated in the afternoon with the Dow closing down 9.99 percent for its worst one-day crash, at that point, since October 19, 1987. By the closing bell, the Dow was down 2352.6 points. Three days later, in another unprecedented move, on Sunday evening, March 15, at 5 p.m. the Fed announced it was slashing interest rates to zero, launching a $700 billion Quantitative Easing (QE) program, and cutting its Discount Window rate (the interest rate at which banks can borrow anonymously from the Fed) from 1.25 percent to one-quarter of one percent. The markets, correctly, read this as panic on the part of the Fed and S&P 500 futures tanked shortly after the announcement. By the close of trading on Monday, March 16, the Dow had lost another 2,997 points. The FOMC meeting in which all of this was voted on was an emergency meeting held ahead of the regularly scheduled meeting, thus adding further to market panic.
On Tuesday, March 17, at 10:45 a.m. in the morning, the Fed announced it was creating a bailout facility for commercial paper. At 6:00 p.m. the same day, the Fed announced another bailout facility for its primary dealers (the trading houses on Wall Street), called the Primary Dealer Credit Facility (PDCF). Both of these facilities were characterized by the Fed as helping "to support the credit needs of households and businesses," rather than the obvious goal of bailing out Wall Street. (The same facilities were used to bail out Wall Street during the financial crash of 2008. In fact, the Primary Dealer Credit Facility pumped out $8.9 trillion dollars in cumulative loans from December 2007 to July of 2010 and two-thirds of that amount went to just three firms: Citigroup, Morgan Stanley and Merrill Lynch according to an audit of the Fed performed by the Government Accountability Office.) The next day, Wednesday, March 18, the Fed announced a bailout facility for money market mutual funds. That announcement came late at night, at 11:30 p.m. when U.S. stock exchanges were closed but S&P 500 futures were trading.
And on and on it went throughout 2020 with one announcement after another from the Fed causing gyrations in the market. If ever there was a year for a high-ranking Federal Reserve official, especially one sitting on the secret deliberations of the FOMC, to not be aggressively trading the market for his own account in order to protect his own reputation as well as the credibility of the Fed, it was in 2020. Because the unprecedented announcements by the Fed occurred in the same year as unprecedented trading by the Dallas Fed President, the U.S. Department of Justice must get involved. The DOJ must subpoena the trading records from Kaplan's brokerage firms and examine how his trades compare with the timing of announcements from the Fed. Kaplan's personal trades could have also sent a signal to the brokers at the trading firm(s) he was using to place his trades, who may have replicated his trades based on the belief that he was trading on inside information. Those broker records must also be subpoenaed.
An analysis of this trading by the DOJ needs to be released to the American people as soon as possible.
https://wallstreetonparade.com/2021/09/the-justice-department-has-serious-grounds-to-subpoena-trading-records-from-dallas-fed-president-Robert-Kaplan/
#93629 at 2021-09-20 23:48:56 (UTC+1)
QRB General #601: We Have It All Edition
The Justice Department Has Serious Grounds to Subpoena Trading Records from Dallas Fed President Robert Kaplan
Fed watchers are stunned that Fed Chair Jerome Powell thinks it is appropriate for the Fed to investigate itself following one of the most arrogant and brazen trading scandals in the history of the Fed.
The focal point of that scandal is Robert S. Kaplan, the President of the Dallas Fed, who held non-public, market moving information throughout last year but nonetheless traded in and out of tens of millions of dollars of individual stocks as well as - wait for it - S&P 500 futures, an instrument used by speculators to make highly leveraged, directional bets on the market. S&P 500 futures extend the trading day to almost 24/7 from Sunday evening to Friday night. The type of trading done by Kaplan appears to be expressly prohibited by the Code of Conduct of the Dallas Fed. Appendix A on "Disqualifying Interests" of the Code of Conduct reads as follows:
"De minimis exemption for a matter of general applicability. An employee may participate in a particular matter of general applicability, such as rulemaking, where the disqualifying financial interest arises from ownership by the employee, his or her spouse or minor children of securities issued by one or more entities affected by the matter, if: "(1) the securities are publicly traded, or are municipal securities, the market value of which does not exceed; (a) $25,000 in any one such entity; and (b) $50,000 in all affected entities; "or (2) the securities are long-term federal government securities, the market value of which does not exceed $50,000."
There was nothing de minimis about Kaplan's trading of individual stocks. According to his financial disclosure form for 2020, Kaplan made "multiple" purchases and sells of greater than $1 million per transaction in 11 individual stocks. Three of those were interest-rate sensitive Big Tech stocks (Amazon, Apple and Facebook) that rose between 75 percent to 90 percent from their March 2020 lows, in no small part because of the interest rate cuts and other interventions of the Federal Reserve in 2020. See chart below.)
The E-mini S&P 500 futures contract can be leveraged by as much as 95 percent. Kaplan's financial disclosure form indicates that he made "multiple" purchases and sells of some form of S&P 500 futures contract in transaction amounts of "over $1,000,000." Currently, the public has no idea of how much "over $1,000,000" that futures trading amounts to or when it occurred. Kaplan previously worked for 22 years at one of the most sophisticated trading firms on the globe, Goldman Sachs. Kaplan rose to the rank of Vice Chairman at Goldman Sachs and was making $17.5 million in annual compensation in 2005. According to SEC filings, on February 7, 2005, eight months before Kaplan joined the Harvard Business School, Kaplan held $266 million in Goldman Sachs' stock. In short, Kaplan was an extremely wealthy man who could have simply bought triple-A rated, tax-free municipal bonds and lived very comfortably the rest of his life, while avoiding notoriety for himself, his family and the central bank of the United States, the Federal Reserve. Kaplan became President of the Federal Reserve Bank of Dallas in September of 2015. The Dallas Fed is one of the 12 regional Fed banks that make up the Federal Reserve System. Its President rotates on and off the Federal Reserve's interest rate setting and policy making Federal Open Market Committee (FOMC).
Kaplan was a voting member of the FOMC in 2020 and thus had access to non public, market moving information regularly throughout 2020. In a normal year, the FOMC votes and announces market moving information just eight times a year - about every six weeks. The general public doesn't get to read the minutes of these meetings until three weeks later. The minutes themselves can also move markets. The voting members of the FOMC know ahead of time what is in those minutes that will move markets - up or down. The communications team at the Dallas Fed has inexplicably declined to say if Kaplan was shorting the market in 2020. Were a voting member of the monetary policy setting committee of the U.S. central bank to short the market during one of the worst economic and health crises in U.S. history, it would be an act of unprecedented personal greed, putting self before country. But 2020 was not a normal year for Fed announcements. It was a year of an unprecedented pandemic when the Fed made one stunning announcement after another, sometimes during the trading day, at one point on a Sunday evening, and another time at 11:30 p.m. on a weekday night.
1 of 2
#93448 at 2021-09-20 14:48:45 (UTC+1)
QRB General #600: Big Six Oh Oh Bunker Makeover Before The Storm Edition
Trump Treasury Secretary Steve Mnuchin Launches $2.5 Billion Private Equity Fund
Former Treasury Secretary Steven Mnuchin has just sent the clearest signal yet that he likely wouldn't rejoin a potential second Trump Administration (despite being one of the more successful cabinet members) via reports that the ex-Goldmanite will raise $2.5 billion for a new private equity fund. Mnuchin isn't the only industry giant who is launching a new PE fund amid an explosion of dealmaking spurred in part by the Fed's policy response to the pandemic. Back in July, former Apollo founder Josh Harris announced fundraising plans for his own billion-dollar fund.
The news of Mnuchin's fund comes via Bloomberg.
Absolutely amazing SCOOP from @HeatherPerlberg and @sonalibasak:
*STEVEN MNUCHIN RAISES $2.5 BILLION FOR PRIVATE EQUITY FUND
"Most of the money is from sovereign wealth funds in the Middle East, including Saudi Arabia's Public Investment Fund." more on @TheTerminal- Brian Chappatta (@BChappatta) September 20, 2021
According to the report, most of the money will come from the Middle East, including from Saudi Arabia's Public Investment Fund. Remember, Mnuchin was a key player who helped build the Trump Administration's increased closeness with the Middle East. Trump memorably visited Saudi Arabia for his first public official visit after taking office.
Mnuchin's success in raising the money is just the latest evidence that, far from being "ostracized" by polite society, many members of President Trump's former inner circle are moving on to big things. After spending nearly 2 decades at Goldman, Mnuchin famously reaped a massive windfall during the housing bust via being chairman of OneWest (formerly IndyMac) a failing mortgage provider that had been taken over by the FDIC before Mnuchin and his billionaire partners rescued and transformed it into a "foreclosure machine", helping Mnuchin and his partners make hundreds of millions in profits while throwing thousands out of their homes. More recently, Mnuchin ran a hedge fund called Dune Capital Management. Before serving as Trump's Treasury Secretary, he stepped up to become the Trump 2016 campaign's chief fundraiser.
Mnuchin's fund isn't exactly a secret, or a surprise (though the fact that it has raised so much from the Middle East is certainly newsworthy). Back in July, Mnuchin appeared on CNBC to generate press for his PE firm's $275MM investment in Cyberreason, a company that focuses on cyber security and preventing cyber attacks.
Such a firm would probably be well positioned to win some juicy government contracts if Trump or another GOPer wins back control of the White House.
Notably, the latest news about Mnuchin's PE firm follows last week's backlash to revelations by the regional Fed banks that Fed presidents including Robert Kaplan and Eric Rosengren actively traded in 2020, with Kaplan having placed the biggest trades. The news led Boston's Eric Rosengren and Kaplan to dump their holdings - just before stocks, which have been sliding all month, took another leg lower.
https://www.zerohedge.com/markets/trump-treasury-secretary-steve-mnuchin-launches-25-billion-private-equity-fund
kinda wondered when dis one would surface again....
#92483 at 2021-09-17 14:57:26 (UTC+1)
QRB General #592: The World Is About To Change Edition
>>92075 pb Powell Orders Review Of Fed Ethics Rules After Trading Disclosures Spark Mass Outrage
Fed officials owned securities it was buying during pandemic, raising more questions about conflicts
Amid an outcry about Federal Reserve officials owning and trading individual securities, an in-depth look by CNBC at officials' financial disclosures found three who last year held assets of the same type the Fed itself was buying.
*Boston Fed President Eric Rosengren held between $151,000 and $800,000 worth of real estate investment trusts that owned mortgage backed securities. He made as many as 37 separate trades in the four REITS while the Fed purchased almost $700 billion in MBS.
*Fed Chair Jerome Powell held between $1.25 million and $2.5 million of municipal bonds in family trusts over which he is said to have no control. They were just a small portion of his total reported assets. While the bonds were purchased prior to 2019, they were held while the Fed last year bought $21.3 billion in munis, including one from the state of Illinois purchased by his family trust in 2016. Among the very few bonds the Fed bought last year was one from the State of Illinois.
*Richmond Fed President Thomas Barkin held $1.35 million to $3 million in individual corporate bonds purchased before 2020. They include bonds of Pepsi, Home Depot and Eli Lilly. The Fed last year opened a corporate bond buying facility and bought $46.5 billion of corporate bonds.
None of these holdings or transactions appeared to violate the Fed's code of conduct. But they raise questions about the Fed's conflict of interest policies and the oversight of central bank officials. Among those questions: Should the Fed have banned officials from holding, buying and selling the same assets the Fed itself was buying last year when it dramatically widened the types of assets it would purchase in response to the pandemic? The Fed's own code of conduct says officials "should be careful to avoid any dealings or other conduct that might convey even an appearance of conflict between their personal interests, the interests of the system, and the public interest." A Fed spokesperson told CNBC that Powell had no say over the Fed's individual municipal bond purchases and no say over the investments in his family's trusts. A Fed ethics officer determined that the holdings did not violate government rules. Barkin declined to comment.
Rosengren has announced he would sell his individual positions and stop trading while he is president. Dallas Fed President Robert Kaplan, who actively traded millions of dollars of individual stocks, also said he would no longer trade and would sell his individual positions. But he said his trade did not violate Fed ethics rules. A spokesman for Rosengren told CNBC that he "made sure his personal saving and investment transactions complied with what was permissible under Fed ethics rules."
But Dennis Kelleher, CEO of the non-profit Better Markets, said if some of these Fed actions are not against the rules, the rules need to change. "To think that such trading is acceptable because it is supposedly allowed by Fed's current policies only highlights that the Fed's policies are woefully deficient," Kelleher told CNBC. While trading by Rosengren and Kaplan was conducted during the so-called black-out period, when Fed officials are not allowed to talk publicly about monetary policy or trade, Kelleher said during a crisis like last year, "the whole year should be considered a blackout period" because Fed officials are constantly talking and crafting policy in response to fast-moving events.
In response to CNBC questions asked in the process of our research, a Fed spokesperson released a statement Thursday saying Powell ordered a review last week of the Fed's ethics rules surrounding "permissible financial holdings and activities by senior Fed officials."
https://www.cnbc.com/2021/09/17/fed-officials-owned-securities-it-was-buying-during-pandemic-raising-more-questions-about-conflicts.html
#92075 at 2021-09-16 14:49:01 (UTC+1)
QRB General #589: Durham Rocks The News Edition
Powell Orders Review Of Fed Ethics Rules After Trading Disclosures Spark Mass Outrage
Fed Presidents Robert Kaplan and Eric Rosengren have committed to liquidating their portfolios (at a particularly auspicious time for stocks, which continued to smash through ATHs all summer long) in the wake of a market-shaking scandal caused by the release of senior Fed officials' financial disclosure forms, which revealed that Dallas Fed President Robert Kaplan made several million-dollar trades in 2020, while his fellow Fed officials (including Boston's Eric Rosengren) made smaller trades of their own. The financial revelations followed speculation about Fed Chairman Powell's portfolio late last month in research published by Dylan Grice.
But even Grice probably didn't expect the popular backlash elicited by news that senior Fed officials were playing the stock market, just like the unwashed Robinhood-loving masses, while their hands were on the money printer. On social media, users mocked the news as potentially damning for the central bank's credibility, since even the appearance of potential corruption is enough to destroy trust in a public institution, even if Powell & Co. continue to deny that their finances have now sway over policy. None of them have placed their money in blind trusts, which are considered the gold standard for dispelling conflicts of interest.
Cleraly sensing just how drastic this threat to the Fed's credbility has become, Fed Chairman Powell has Thursday directed board staff to take a fresh and comprehensive look at the ethics rules around permissible financial holdings and activities by senior Fed officials. A Fed spokesman also said the Fed has a set of supplemental rules that are stricter than those that apply to members of Congress and other agencies. The announcement comes after Sen. Elizabeth Warren, who recently led the charge to jeopardize Powell's reappointment as Fed chair, challenged the Fed to impose a ban on the ownership and trading of individual stocks by senior officials.
After the stock trading debacles at the Dallas and Boston Federal Reserve banks, Sen. Warren writes to all 12 presidents: within 60 days, impose a ban on the ownership and trading of individual stocks by senior officials https://t.co/VtILTutTU1 pic.twitter.com/PavneO6v1z- Brian Cheung (@bcheungz) September 16, 2021
It's too early to say whether this "review" might lead to the censure, or ouster, of any senior Fed officials. But it's clear that Powell senses the threat to the Fed's independence that the trading revelations represent. Unfortunately, at this point, it's a little like slamming the barn door after the horse has bolted.
https://www.zerohedge.com/markets/powell-orders-review-fed-ethics-rules-after-trading-disclosures-spark-mass-outrage
>>89543 pb Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
#89820 at 2021-09-09 07:16:59 (UTC+1)
QRB General #573: [HELL NO] I'm Not Resigning! Edition
Globals
HELP WANTED: learn how to bake today! Ask any baker
>>84542 MP4 Converter (reduces file size & more)
>>82749 Guidelines on CP, what to report in addition to illegal images
QRB v3 Onion link: http://8kun.top.qulatc2tl34vwefcc2pbsxi7vennhbew57jbl2d3pbhvjhozkoizdoqd.onion/qrb/catalog.html (don't use link in RIBBON) NEW
Notables
are not endorsements
#572
>>89735, >>89768 Wenzday Night PF updates
>>89736, >>89738, >>89740, >>89742, >>89743 hit by a plane while sitting in his office and survived/Stanley Praimnath
>>89734 45 on take down of Robert E Lee statue in Richmond
>>89756, >>89810, >>89809 WH Signals New COVID-19 Measures Coming For People Who Are Unvaccinated
>>89773 CMz: Tx Med Board stmt affirms the right of MD's and pharmacists to handle off-label scripts for IVM etc.
>>89779 History won't look kindly at the war on Covid (that's putting it mildly)
>>89780 REVEALED: CDC changed school masking guidance after threats from prominent teachers union
>>89782 Anon to attend TY event for volunteers participating in AZ audit - congrats!
>>89784 Kellyanne to Botus: "I'm not resigning"
>>89792 Glenn Beck: WHY are the State Department and White House still INTENTIONALLY blocking rescue flights out of Afghanistan?
>>89794 "Cases" in Aussieland supposedly rise amid gruesome lockdowns and dreary mask mandates
>>89796 Larry Elder attack - disturbing VID
>>89799 LA board trying for vax mandate for students 12 and over
>>89800 Mayo Clinic DIRECTLY Tied to World Economic Forum, Dominion Voting Systems!
>>89807 , >>89808 Katie Hobbs deletes her 'pronouns' and 'BLM' in bio when she announces run for gov
>>89815 #572
#571
>>89633, >>89661, >>89667, >>89672, >>89674, >>89694, >>89696, Wenzday Superior PF updates
>>89715 The sale of new gas-powered cars and trucks will be banned in New York State in 14 years under legislation signed by Gov. Kathy Hochul.
>>89714 Austria Imposes Restrictions for Unvaccinated
>>89711 nuclar sub chattings, kneepads in PA with W, Doomsday is up, deadliest aircraft
>>89710 Police planning to reinstall Capitol fence ahead of Sept. 18 rally. - AP
>>89709 Obama will appear in a statewide ad urging Californians to reject the recall of Gov. Gavin Newsom in the final days of the campaign.
>>89703 Japan PM Suga mulls U.S. visit in late Sept. to attend Quad meeting
>>89690 @ZubyMusic, Polymath or what? He is on Gutfeld tonight, 11pm ET on @FoxNews rt >>89536 lb
>>89687 Russian Oil Shipments to the U.S. Set to Surge in Ida's Wake
>>89685 BRICS' Influence Grows as Three New Members Join the New Development Bank
>>89683 ECW: This to inform the @UNESCO #BamyanBudha statues were destroyed by the orders of the man in picture, Mullah M Hassan Akhund
>>89682 Leon Black says accuser, eyeing payday, made up Jeffrey Epstein claims
>>89678 [Biden's six steps being announced tomorrow]
>>89677 Consumer Credit Growth Slows Dramatically After Record Surge Last Month
>>89669 Jamf Holding Corp. sold by Vista Equity Partners: $300m-Sept 3
>>89665 Nearly 252,000 children in US test positive for COVID-19 amid back-to-school season?
>>89664, >>89666 El Salvador is giving away free Bitcoin to its citizens
>>89663 technofog: "Public Health" Propaganda/Also: Dr. Fauci enters witness protection
>>89662 Save America Rally in Perry, Georgia Saturday, September 25th
>>89661 Blinken, German minister talk Afghanistan as government unveiled
>>89659, >>89660 Save America Rally in Des Moines, Iowa Saturday, October 9th
>>89658 "Nothing Says 81 Million Votes Like Spontaneous 'F-You' Chants Breaking Out in Stadiums Across the Country"
>>89653 Democrats will not raise debt limit in $3.5 trillion bill -Pelosi
>>89649 Saudi Arabia Backs Full Declassification of US 9/11 Docs to 'End Baseless Allegations'
>>89648 Lindell's CyberSymposium Wake-Up Call August 2021
>>89639 Taliban Paints over George Floyd Mural in Kabul with 'Victory Slogans'/wut took so long?
>>89632 AZ Candidate For Secretary of State Mark Finchem: I Call On Arizona To Decertify The Election Of 2020 And Recall The Electors
>>89625 AZ State Senator Wendy Rogers - AZ Canvassing: "299,493 IMPACTED VOTES/ELECTION IN MARICOPA MUST BE DECERTIFIED"
>>89617 Christine Lagarde: 'If we don't vaccinate the whole world, it will come back to haunt us and hurt us in the form of new variants./or firing squads though I vote for hanging
>>89611, >>89656 Dr. Charles Lieber - CCP - Arrested.
>>89610, >>89615 slides from the Seth Keshel analysis he is going over on Steve Bannon's War Room right now
>>89609 ARIZ. AG: Tuscon Vaccine Mandate Is Illegal
>>89608 Results of the 2020 Maricopa County election canvas /173,000 missing votes, 96,000 ghost votes.
>>89596, >>89597, >>89612 CM on audits
>>89594 Bannon War Room ENTIRE two-hour show below
>>89720 #571
#570
>>89475, >>89495, >>89506, >>89524, >>89529, >>89556 Wenzday eyez on the skyz
>>89554 U.S. bank profits drop as industry slows reductions in credit loss provisions:FDIC-reuters
>>89553 Heather Bresch, Joe Manchin's Daughter, Played Direct Part in EpiPen Price Inflation Scandal-theintercept + Collusion by big Pharma execs, politician's daughter of Sen. Joe Manchin, D-W.Va., to rip off schools thru family (wife of Joe) connected lobbyists? Overcharging for life saving medical EpiPens-soc. media
>>89550 Poland to introduce minimum tax rate for large corporations-reuters
>>89547, >>89548 ECW retweet @SethGJones "So much for a kinder, gentler Taliban. Their pick for the rough equivalent of the Taliban's FBI Director? A US-designated terrorist with close ties to al-Qaeda..."-soc media
>>89545, >>89546 Zuby Talks Breakdown Of Society, Craziness Of Today, Improving Culture + moar y/t
>>89558, >>89559, >>89563 Lindell on audits and fallout from
>>89543 Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
>>89542, >>89540 'Help America Vote" Act " Help America Vote Act (HAVA) of 2002 was passed by the United States Congress to make sweeping reforms to the nation's voting process"...eac.gov .pdf at linky
>>89536 Dave Collum @DavidBCollum on Gutfeld tonight 11pm ET on @FoxNews-Prof of Organic Chemistry @ Cornell. Libertarian.
>>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557 Re: Canvass: "those are LOST votes..." Liz Harris - has worked thru a CANVASS independent of full forensic audit-34.23 percent that were not supposed to have voted said THEY DID VOTE + additional information on wut a valid audit comprises (from WR)
>>89528 We are living through an insane scenario that future historians will write about for years: Americans were told to take medical advice on COVID-19 from the same guy who funded the creation of COVID-19.
>>89526 Bombshell leaked emails prove the State Department DID block Afghan evacuation flights even if they had Americans on board, report claims
>>89519, >>89521, >>89525, >>89527, >>89531, >>89532, >>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557, >>89563 War Room mini-bun
>>89515 'Kink' In T-Bill Curve Surges As Yellen Urges Action Over Debt Ceiling
>>89510 Four Members of Gitmo 5 Exchanged by Obama for Bowe Bergdahl Named as Taliban Government Commanders
>>89496 PSBSR revealed
>>89489 Sum Ting Wong: Evergrande Bonds Tumble After Report Of Technical Default; Contagion Slams China Property Market
>>89463 Mexico Rocked By Powerful 7.0-Magnitude Quake
>>89455, >>89473 CM telegram: Good morning. Truth is coming. It's almost time.
>>89576 #570
Previously Collected Notables:
>>88848 #565, >>89005 #566, >>89112 #567, >>89232 #568, >>89420 #569
>>88104 #559, >>88288 #560, >>88452 #561, >>88507 #562, >>88688 #563, >>88782 #564
>>87267 #553, >>87407 #554, >>87561 #555, >>87712 #556, >>87820 #557, >>87963 #558
QRB notables archived here >>>/qrb/9528
Notables aggregator https://wearethene.ws
Notables aggregator https://qnotables.com
#89723 at 2021-09-08 23:37:25 (UTC+1)
QRB General #572: Leggo Muh Chivo Edition
Globals
HELP WANTED: learn how to bake today! Ask any baker
>>84542 MP4 Converter (reduces file size & more)
>>82749 Guidelines on CP, what to report in addition to illegal images
QRB v3 Onion link: http://8kun.top.qulatc2tl34vwefcc2pbsxi7vennhbew57jbl2d3pbhvjhozkoizdoqd.onion/qrb/catalog.html (don't use link in RIBBON) NEW
Notables
are not endorsements
#571
>>89633, >>89661, >>89667, >>89672, >>89674, >>89694, >>89696, Wenzday Superior PF updates
>>89715 The sale of new gas-powered cars and trucks will be banned in New York State in 14 years under legislation signed by Gov. Kathy Hochul.
>>89714 Austria Imposes Restrictions for Unvaccinated
>>89711 nuclar sub chattings, kneepads in PA with W, Doomsday is up, deadliest aircraft
>>89710 Police planning to reinstall Capitol fence ahead of Sept. 18 rally. - AP
>>89709 Obama will appear in a statewide ad urging Californians to reject the recall of Gov. Gavin Newsom in the final days of the campaign.
>>89703 Japan PM Suga mulls U.S. visit in late Sept. to attend Quad meeting
>>89690 @ZubyMusic, Polymath or what? He is on Gutfeld tonight, 11pm ET on @FoxNews rt >>89536 lb
>>89687 Russian Oil Shipments to the U.S. Set to Surge in Ida's Wake
>>89685 BRICS' Influence Grows as Three New Members Join the New Development Bank
>>89683 ECW: This to inform the @UNESCO #BamyanBudha statues were destroyed by the orders of the man in picture, Mullah M Hassan Akhund
>>89682 Leon Black says accuser, eyeing payday, made up Jeffrey Epstein claims
>>89678 [Biden's six steps being announced tomorrow]
>>89677 Consumer Credit Growth Slows Dramatically After Record Surge Last Month
>>89669 Jamf Holding Corp. sold by Vista Equity Partners: $300m-Sept 3
>>89665 Nearly 252,000 children in US test positive for COVID-19 amid back-to-school season?
>>89664, >>89666 El Salvador is giving away free Bitcoin to its citizens
>>89663 technofog: "Public Health" Propaganda/Also: Dr. Fauci enters witness protection
>>89662 Save America Rally in Perry, Georgia Saturday, September 25th
>>89661 Blinken, German minister talk Afghanistan as government unveiled
>>89659, >>89660 Save America Rally in Des Moines, Iowa Saturday, October 9th
>>89658 "Nothing Says 81 Million Votes Like Spontaneous 'F-You' Chants Breaking Out in Stadiums Across the Country"
>>89653 Democrats will not raise debt limit in $3.5 trillion bill -Pelosi
>>89649 Saudi Arabia Backs Full Declassification of US 9/11 Docs to 'End Baseless Allegations'
>>89648 Lindell's CyberSymposium Wake-Up Call August 2021
>>89639 Taliban Paints over George Floyd Mural in Kabul with 'Victory Slogans'/wut took so long?
>>89632 AZ Candidate For Secretary of State Mark Finchem: I Call On Arizona To Decertify The Election Of 2020 And Recall The Electors
>>89625 AZ State Senator Wendy Rogers - AZ Canvassing: "299,493 IMPACTED VOTES/ELECTION IN MARICOPA MUST BE DECERTIFIED"
>>89617 Christine Lagarde: 'If we don't vaccinate the whole world, it will come back to haunt us and hurt us in the form of new variants./or firing squads though I vote for hanging
>>89611, >>89656 Dr. Charles Lieber - CCP - Arrested.
>>89610, >>89615 slides from the Seth Keshel analysis he is going over on Steve Bannon's War Room right now
>>89609 ARIZ. AG: Tuscon Vaccine Mandate Is Illegal
>>89608 Results of the 2020 Maricopa County election canvas /173,000 missing votes, 96,000 ghost votes.
>>89596, >>89597, >>89612 CM on audits
>>89594 Bannon War Room ENTIRE two-hour show below
>>89720 #571
#570
>>89475, >>89495, >>89506, >>89524, >>89529, >>89556 Wenzday eyez on the skyz
>>89554 U.S. bank profits drop as industry slows reductions in credit loss provisions:FDIC-reuters
>>89553 Heather Bresch, Joe Manchin's Daughter, Played Direct Part in EpiPen Price Inflation Scandal-theintercept + Collusion by big Pharma execs, politician's daughter of Sen. Joe Manchin, D-W.Va., to rip off schools thru family (wife of Joe) connected lobbyists? Overcharging for life saving medical EpiPens-soc. media
>>89550 Poland to introduce minimum tax rate for large corporations-reuters
>>89547, >>89548 ECW retweet @SethGJones "So much for a kinder, gentler Taliban. Their pick for the rough equivalent of the Taliban's FBI Director? A US-designated terrorist with close ties to al-Qaeda..."-soc media
>>89545, >>89546 Zuby Talks Breakdown Of Society, Craziness Of Today, Improving Culture + moar y/t
>>89558, >>89559, >>89563 Lindell on audits and fallout from
>>89543 Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
>>89542, >>89540 'Help America Vote" Act " Help America Vote Act (HAVA) of 2002 was passed by the United States Congress to make sweeping reforms to the nation's voting process"...eac.gov .pdf at linky
>>89536 Dave Collum @DavidBCollum on Gutfeld tonight 11pm ET on @FoxNews-Prof of Organic Chemistry @ Cornell. Libertarian.
>>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557 Re: Canvass: "those are LOST votes..." Liz Harris - has worked thru a CANVASS independent of full forensic audit-34.23 percent that were not supposed to have voted said THEY DID VOTE + additional information on wut a valid audit comprises (from WR)
>>89528 We are living through an insane scenario that future historians will write about for years: Americans were told to take medical advice on COVID-19 from the same guy who funded the creation of COVID-19.
>>89526 Bombshell leaked emails prove the State Department DID block Afghan evacuation flights even if they had Americans on board, report claims
>>89519, >>89521, >>89525, >>89527, >>89531, >>89532, >>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557, >>89563 War Room mini-bun
>>89515 'Kink' In T-Bill Curve Surges As Yellen Urges Action Over Debt Ceiling
>>89510 Four Members of Gitmo 5 Exchanged by Obama for Bowe Bergdahl Named as Taliban Government Commanders
>>89496 PSBSR revealed
>>89489 Sum Ting Wong: Evergrande Bonds Tumble After Report Of Technical Default; Contagion Slams China Property Market
>>89463 Mexico Rocked By Powerful 7.0-Magnitude Quake
>>89455, >>89473 CM telegram: Good morning. Truth is coming. It's almost time.
>>89576 #570
Previously Collected Notables:
>>88848 #565, >>89005 #566, >>89112 #567, >>89232 #568, >>89420 #569
>>88104 #559, >>88288 #560, >>88452 #561, >>88507 #562, >>88688 #563, >>88782 #564
>>87267 #553, >>87407 #554, >>87561 #555, >>87712 #556, >>87820 #557, >>87963 #558
QRB notables archived here >>>/qrb/9528
Notables aggregator https://wearethene.ws
Notables aggregator https://qnotables.com
#89576 at 2021-09-08 16:09:29 (UTC+1)
QRB General #570: Is It Suicide Weekend Yet? Edition
final bun for #570
we go'n to next bred.
hold dem laties
#570
>>89475, >>89495, >>89506, >>89524, >>89529, >>89556 Wenzday eyez on the skyz
>>89554 U.S. bank profits drop as industry slows reductions in credit loss provisions:FDIC-reuters
>>89553 Heather Bresch, Joe Manchin's Daughter, Played Direct Part in EpiPen Price Inflation Scandal-theintercept + Collusion by big Pharma execs, politician's daughter of Sen. Joe Manchin, D-W.Va., to rip off schools thru family (wife of Joe) connected lobbyists? Overcharging for life saving medical EpiPens-soc. media
>>89550 Poland to introduce minimum tax rate for large corporations-reuters
>>89547, >>89548 ECW retweet @SethGJones "So much for a kinder, gentler Taliban. Their pick for the rough equivalent of the Taliban's FBI Director? A US-designated terrorist with close ties to al-Qaeda..."-soc media
>>89545, >>89546 Zuby Talks Breakdown Of Society, Craziness Of Today, Improving Culture + moar y/t
>>89558, >>89559, >>89563 Lindell on audits and fallout from
>>89543 Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
>>89542, >>89540 'Help America Vote" Act " Help America Vote Act (HAVA) of 2002 was passed by the United States Congress to make sweeping reforms to the nation's voting process"...eac.gov .pdf at linky
>>89536 Dave Collum @DavidBCollum on Gutfeld tonight 11pm ET on @FoxNews-Prof of Organic Chemistry @ Cornell. Libertarian.
>>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557 Re: Canvass: "those are LOST votes..." Liz Harris - has worked thru a CANVASS independent of full forensic audit-34.23 percent that were not supposed to have voted said THEY DID VOTE + additional information on wut a valid audit comprises (from WR)
>>89528 We are living through an insane scenario that future historians will write about for years: Americans were told to take medical advice on COVID-19 from the same guy who funded the creation of COVID-19.
>>89526 Bombshell leaked emails prove the State Department DID block Afghan evacuation flights even if they had Americans on board, report claims
>>89519, >>89521, >>89525, >>89527, >>89531, >>89532, >>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557, >>89563 War Room mini-bun
>>89515 'Kink' In T-Bill Curve Surges As Yellen Urges Action Over Debt Ceiling
>>89510 Four Members of Gitmo 5 Exchanged by Obama for Bowe Bergdahl Named as Taliban Government Commanders
>>89496 PSBSR revealed
>>89489 Sum Ting Wong: Evergrande Bonds Tumble After Report Of Technical Default; Contagion Slams China Property Market
>>89463 Mexico Rocked By Powerful 7.0-Magnitude Quake
>>89455, >>89473 CM telegram: Good morning. Truth is coming. It's almost time.
#89567 at 2021-09-08 16:04:35 (UTC+1)
QRB General #570: Is It Suicide Weekend Yet? Edition
>>89566
#570
>>89475, >>89495, >>89506, >>89524, >>89529, >>89556 Wenzday eyez on the skyz
>>89554 U.S. bank profits drop as industry slows reductions in credit loss provisions:FDIC-reuters
>>89553 Heather Bresch, Joe Manchin's Daughter, Played Direct Part in EpiPen Price Inflation Scandal-theintercept + Collusion by big Pharma execs, politician's daughter of Sen. Joe Manchin, D-W.Va., to rip off schools thru family (wife of Joe) connected lobbyists? Overcharging for life saving medical EpiPens-soc. media
>>89550 Poland to introduce minimum tax rate for large corporations-reuters
>>89547, >>89548 ECW retweet @SethGJones "So much for a kinder, gentler Taliban. Their pick for the rough equivalent of the Taliban's FBI Director? A US-designated terrorist with close ties to al-Qaeda..."-soc media
>>89545, >>89546 Zuby Talks Breakdown Of Society, Craziness Of Today, Improving Culture + moar y/t
>>89558, >>89559, >>89563 Lindell on audits and fallout from
>>89543 Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
>>89542, >>89540 'Help America Vote" Act " Help America Vote Act (HAVA) of 2002 was passed by the United States Congress to make sweeping reforms to the nation's voting process"...eac.gov .pdf at linky
>>89536 Dave Collum @DavidBCollum on Gutfeld tonight 11pm ET on @FoxNews-Prof of Organic Chemistry @ Cornell. Libertarian.
>>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557 Re: Canvass: "those are LOST votes..." Liz Harris - has worked thru a CANVASS independent of full forensic audit-34.23 percent that were not supposed to have voted said THEY DID VOTE + additional information on wut a valid audit comprises (from WR)
>>89528 We are living through an insane scenario that future historians will write about for years: Americans were told to take medical advice on COVID-19 from the same guy who funded the creation of COVID-19.
>>89526 Bombshell leaked emails prove the State Department DID block Afghan evacuation flights even if they had Americans on board, report claims
>>89519, >>89521, >>89525, >>89527, >>89531, >>89532, >>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557, >>89563 War Room mini-bun
>>89515 'Kink' In T-Bill Curve Surges As Yellen Urges Action Over Debt Ceiling
>>89510 Four Members of Gitmo 5 Exchanged by Obama for Bowe Bergdahl Named as Taliban Government Commanders
>>89496 PSBSR revealed
>>89489 Sum Ting Wong: Evergrande Bonds Tumble After Report Of Technical Default; Contagion Slams China Property Market
>>89463 Mexico Rocked By Powerful 7.0-Magnitude Quake
>>89455, >>89473 CM telegram: Good morning. Truth is coming. It's almost time.
try dat w/o the mistake
#89566 at 2021-09-08 16:03:37 (UTC+1)
QRB General #570: Is It Suicide Weekend Yet? Edition
#570
>>89475, >>89495, >>89506, >>89524, >>89529, >>89556 Wenzday eyez on the skyz
>>89554 U.S. bank profits drop as industry slows reductions in credit loss provisions:FDIC-reuters
>>89553 Heather Bresch, Joe Manchin's Daughter, Played Direct Part in EpiPen Price Inflation Scandal-theintercept + Collusion by big Pharma execs, politician's daughter of Sen. Joe Manchin, D-W.Va., to rip off schools thru family (wife of Joe) connected lobbyists? Overcharging for life saving medical EpiPens-soc. media
>>89550 Poland to introduce minimum tax rate for large corporations-reuters
>>89547>>89548 ECW retweet @SethGJones "So much for a kinder, gentler Taliban. Their pick for the rough equivalent of the Taliban's FBI Director? A US-designated terrorist with close ties to al-Qaeda..."-soc media
>>89545, >>89546 Zuby Talks Breakdown Of Society, Craziness Of Today, Improving Culture + moar y/t
>>89558, >>89559, >>89563 Lindell on audits and fallout from
>>89543 Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year-foxbiusiness
>>89542, >>89540 'Help America Vote" Act " Help America Vote Act (HAVA) of 2002 was passed by the United States Congress to make sweeping reforms to the nation's voting process"...eac.gov .pdf at linky
>>89536 Dave Collum @DavidBCollum on Gutfeld tonight 11pm ET on @FoxNews-Prof of Organic Chemistry @ Cornell. Libertarian.
>>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557 Re: Canvass: "those are LOST votes..." Liz Harris - has worked thru a CANVASS independent of full forensic audit-34.23 percent that were not supposed to have voted said THEY DID VOTE + additional information on wut a valid audit comprises (from WR)
>>89528 We are living through an insane scenario that future historians will write about for years: Americans were told to take medical advice on COVID-19 from the same guy who funded the creation of COVID-19.
>>89526 Bombshell leaked emails prove the State Department DID block Afghan evacuation flights even if they had Americans on board, report claims
>>89519, >>89521, >>89525, >>89527, >>89531, >>89532, >>89535, >>89531, >>89539, >>89540, >>89542, >>89549, >>89555, >>89557, >>89563 War Room mini-bun
>>89515 'Kink' In T-Bill Curve Surges As Yellen Urges Action Over Debt Ceiling
>>89510 Four Members of Gitmo 5 Exchanged by Obama for Bowe Bergdahl Named as Taliban Government Commanders
>>89496 PSBSR revealed
>>89489 Sum Ting Wong: Evergrande Bonds Tumble After Report Of Technical Default; Contagion Slams China Property Market
>>89463 Mexico Rocked By Powerful 7.0-Magnitude Quake
>>89455, >>89473 CM telegram: Good morning. Truth is coming. It's almost time.
>>89564
yw W
hopefully did dat justice.
doggo nao
#89543 at 2021-09-08 15:08:02 (UTC+1)
QRB General #570: Is It Suicide Weekend Yet? Edition
Dallas Fed's Robert Kaplan was an active buyer and seller of stocks last year
Eleven of the Fed's 12 regional banks have provided disclosures of their leaders' 2020 financial profiles in recent days.
Federal Reserve Bank of Dallas President Robert Kaplan made multiple million-dollar-plus stock trades in 2020, according to a financial disclosure form provided by his bank, in contrast with other regional Fed leaders who reported more modest financial holdings and smaller transactions. Eleven of the 12 regional Fed banks have provided disclosures of their leaders' 2020 financial profiles since Friday, sharing information that gives insight into the holdings of officials who help set the central bank's monetary policy. The Chicago Fed didn't make immediately available information for their leader.
Mr. Kaplan has been one of the Fed's strongest voices warning that high levels of monetary stimulus are boosting risk levels in the financial sector. According to the disclosure form provided by the Dallas Fed, Mr. Kaplan had a total of 27 individual stock, fund or alternative asset holdings each valued at over $1 million. Mr. Kaplan's stockholdings included Apple Inc., Amazon Inc., Boeing Co., Alphabet Inc., Facebook Inc. and Marathon Petroleum Corp. The form also shows Mr. Kaplan made some combination of sales or purchases of over $1 million in 22 individual company shares or investment funds. These transactions included Apple, Alibaba Group Holding Ltd. , Amazon, General Electric Co. and Chevron Corp.
Mr. Kaplan, the Dallas Fed leader since 2015, has deep roots in the financial sector. He worked for investment bank Goldman Sachs Group Inc. for more than two decades and rose to become its vice chairman with responsibility for the firm's investment-banking activities, leaving that job in 2006. Before coming to the Dallas Fed, Mr. Kaplan was a professor at Harvard Business School.
Mr. Kaplan's wealth and active presence in the financial markets mirrors that of his predecessor at the Dallas Fed, Richard Fisher, who also reported substantial assets and trading in his own disclosures. A spokesman for the Dallas Fed said Mr. Kaplan's trading was reviewed and approved by the bank's general counsel.
The Fed's 12 regional banks are quasi-private institutions that are technically owned by member banks, and overseen by boards of directors drawn from the private sector. The regional Fed presidents occupy rotating slots on the policy-setting Federal Open Market Committee, and their banks collect local economic intelligence and house banking regulators. The regional presidents are also paid more than the Fed's Washington-based governors, who are explicitly part of the government.
In the forms provided for the other bank presidents, most reported modest holdings of investment funds and little in the way of large stock trading. Boston Fed chief Eric Rosengren listed a number of stock trades under "joint" status in transactions that were each $50,000 or less, for example. Richmond Fed leader Thomas Barkin, who was a senior executive at management consulting firm McKinsey & Co. before becoming bank president, listed a number of financial holdings each in excess of $1 million.
Atlanta Fed leader Raphael Bostic flagged on his form a number of property holdings that were associated with mortgages, while the Boston Fed leader also had a rental property. Kansas City Fed leader Esther George reported a stake in a farm.
https://www.foxbusiness.com/financials/dallas-feds-Robert-Kaplan-was-active-buyer-and-seller-stocks-last-year
#51552 at 2021-05-07 15:51:41 (UTC+1)
QRB General #161: Friday Felonious Follies Edition
Kashkari Slams Fed Critics, Pretends Stimulus Isn't Helping Wall Street
After Dallas Fed President Robert Kaplan spooked stocks by repeatedly suggesting that it was time to start discussing tapering of the Fed's asset purchases, Friday's job number offered doves on the Fed just the ammunition they needed to push back.
So we weren't surprised to see Minneapolis Fed President Neel Kashkari appear on Bloomberg TV Friday morning just minutes later to defend the Fed's dovish approach, while implying that hawks like Kaplan and Kashkari's other "critics" on Wall Street may secretly be trying to sabotage the recovery. After the 3.7-sigma miss from the 1MM+ projections (one of the biggest in history and the biggest in decades), Kashkari insisted that Friday's jobs number is the latest evidence that the US post-pandemic economic recovery "has a long way to go".
"For all those people who have been saying 'oh my gosh, the Fed needs to normalize quantitative easing,' today's job report is just and example of - we have a long way to go" Kashkari said. He added that he was "firmly in the camp" for maintaining the Fed's policy stance, which presently entails buying $120 billion in assets every month, while keeping the Fed funds rate close to zero. "Let's not just forecast that the labor market will recover, let's actually wait for the labor market to recover. As Chair Powell said a week ago, we've had one great jobs report, let's not declare victory yet." It's certainly convenient that just as dissenting voices on the FOMC were starting to speak out, Fed doves like Kashkari and Powell got essentially the perfect reading to justify their actions. But even more notable than his defense of the Fed is the fact that, when confronted about the role that unemployment benefits may have played in depressing job gains, Kashkari openly acknowledged that the government is essentially paying people to stay home. Kashkari acknowledged that generous unemployment benefits are keeping workers out of the labor market, because workers are confident jobs will still be there in three or four months when the government money runs out.
"We hear all the same anecdotes...yes of course there are people who are on the sidelines and who are getting generous unemployment and they're saying 'yes we understand the labor market will be strong in three or four months...we know that dynamic is there," Kashkari said. But there are other factors at work, he argued, citing women unable to return to work for child-care reasons, and people who are still afraid of contracting the virus, as examples of workers who must still be coaxed back into the labor market before stimulus can be safely withdrawn. But these will likely be resolved on their own as the virus wanes.
But in trashing those who would dare to criticize the Fed, Kashkari - as he often does - set up a straw man opponent: the market participants who are purportedly angry with the Fed for sabotaging their business. In the interview, he insisted he had "zero sympathy" for his critics on Wall Street. "For my friends on Wall Street, and I have a lot of them, I hear from them all the time complaining about the Fed's policies that are mucking up their trading strategies," the former Goldman Sachs Group Inc. and Pacific Investment Management Co. executive told Michael McKee on Friday in an interview on Bloomberg Television. "I have zero sympathy -- because there are still 8 to 10 million Americans who want to work, who ought to be working."
Of course, in an age where anybody can seem like an investing genius simply by observing the mantra that "stocks only go up", we certainly don't hear too many complaints. Yet, Kashkari insists on criticizing Wall Street, while ignoring the fact that the Fed's policies have driven one of the most lucrative bull markets in history (while sending stocks back to record highs on Friday).
https://www.zerohedge.com/economics/kashkari-slams-hawkish-critics-while-pretending-stimulus-isnt-helping-wall-street
Fuggen retard though he wuz gonna be Gov. of CA. too.
Also put in charge of the TARP bailout as interim Assistant Secretary of the Treasury so Hank Paulson could continue doing his bullshit with Alan Greenspan to "save the economy"
#49689 at 2021-04-30 15:14:36 (UTC+1)
QRB General #140: Antifa Do or Die Time Edition
Dallas Fed President Spooks Stocks: "We've Got Real Excesses In The Housing Market", Rate Hike Needed In 2022
On Wednesday, Fed chair Jerome Powell raised some eyebrows - and launched some sell programs - when in the middle of a lengthy tirade about how there is no inflation, soaring prices notwithstanding, he admitted that some assets were "frothy", yet paradoxically without acknowledging the Fed's explicit (and dedicated) role in creating and nurturing said market froth. Or, as Rabo's Michael Every put it, "the most surprising thing was Powell daring to use the word "froth" to describe the stock market he himself is boiling."
Fast forward just two days later, when moments ago Dallas Fed's non-voting president (and former Goldman partner), Robert Kaplan, doubled down on the "bad Fed cop" angle and says "we're now observing excesses and imbalances in markets."
Explaining that he is "very attentive to that and that's why I do think at the earliest opportunity, I think will be appropriate for us to start talking about adjusting those purchases", Kaplan said that "we've got real excesses in the housing market" which is why he had not changed his view that rates should start to rise in 2022, and that the Fed should start talking about tapering of bond buying soon; most ominously - and an indication of just how much confusion there is at the Fed right now - he said that he expects to see a surge in prices of more than 2.5-2.75% in the coming months.
According to Kaplan, getting less-educated workers back to the workforce and in jobs is a challenge during the recovery. The former Goldman employee also reiterated the upside risk to his 6.5% growth forecast for the US economy and said that while "it's not yet the speculative situation that we had back in '07, '08 and '09", he said that "it bears watching and keeping a close eye on."
His hawkish comments, which came alongside a report that a UK study has determined that individuals who have had only the first does of the Pfizer COVID-19 vaccine remain at risk against dominant new variants (except in those who have already had COVID-19) spooked markets and promptly put a damper on a modest rally that tried to emerge shortly after the US open.
https://www.zerohedge.com/markets/dallas-fed-head-spooks-stocks-weve-got-real-excesses-housing-market-says-fed-should-hike
from April 27th
Home prices rise at fastest yearly pace in 1996 in February: S&P Case-Shiller
https://thehill.com/policy/finance/550444-home-prices-at-fastest-yearly-pace-in-1996-in-february-sp
8chan/8kun QResearch SOUTH AFRICA Posts (1)
#13396927 at 2021-04-10 12:19:16 (UTC+1)
Q Research South Africa #5: RIP President Magufuli Edition
"Kissinger Warns Washington: Accept New Global System Or Face A Pre-WWI Geopolitical Situation"- https://www.zerohedge.com/geopolitical/kissinger-warns-washington-accept-new-global-system-or-face-pre-wwi-geopolitical. Below are excerpts.
With the White House continually provoking tensions against Russia and China, the doyen of American foreign policy, Henry Kissinger, dramatically warned Washington last week to either agree to a new international system or continue pushing tensions that are leading to a situation similar to the eve of World War One.
In a recent Chatham House webinar with former British Foreign Secretary Jeremy Hunt, 97-year-old Kissinger called on the U.S. to create a balance with existing global forces, adding
"if you imagine that the world commits itself to an endless competition based on the dominance of whoever is superior at the moment, then a breakdown of the order is inevitable. And the consequences of a breakdown would be catastrophic."
The veteran diplomat urged the U.S. to understand that not every issue has "final solutions" and warned
"if we don't get to an understanding with China on that point, then we will be in a pre-World War One-type situation in which there are perennial conflicts that get solved on an immediate basis but one of them gets out of control at some point."
However, the idea that the U.S. should stop imposing its will on everyone else will not be easily accepted in Washington. This is attested by the sharp rhetoric and personal insults that U.S. President Joe Biden continually levels against his Russian and Chinese counterparts, Vladimir Putin and Xi Jinping.
Kissinger's career is washed in blood when we remember his backing of Pakistan during Bangladesh's War of Independence despite the massacre of hundreds of thousands of people and mass rape; orchestrated a military coup in Chile to remove democratically elected Allende in favor of the Pinochet dictatorship; tacitly supported Indonesia's mass killing of hundreds of thousands of East Timorese; and, blessed Turkey's invasion of northern Cyprus that led to 200,000 Greek refugees without a right of return - among many other things.
Personal insults against Putin and Xi are an expression of American impotence, especially when we consider that the U.S. historically did not engage in this kind of rhetoric when it was at the zenith of its power. The U.S. is no longer the world's sole superpower and its rivals are no longer accepting such aggression, which is exactly why the Chinese delegation that went to Alaska last month clearly stated that it does not accept any language of force.
Robert Gates, former director of the CIA and U.S. Secretary of Defense, admitted in a recent interview with the Washington Post that sanctions against Russia do not any good for the U.S. In The National Interest, Robert Kaplan describes Russia as a "problem from hell" because it cannot be subdued. Kaplan offered reasons why it is necessary for Russia to "move away from its one-sided alliance with China" and find balance with the U.S.
endchan qrbunker Posts (3)
#134882 at 2023-12-05 14:04:00 (UTC+1)
QR Bunker General #411: Henry Kissinger walks into a bar Edition
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2:00 PM EST
The Sahel in Crisis: Examining U.S. Policy Options
House Foreign Affairs Committee
^
WITNESSES:
The Honorable Celeste Wallander
Assistant Secretary of Defense for International Security Affairs, Office of the Secretary of Defense for Policy
^
Mr. Robert Jenkins
Assistant to the Administrator, Bureau for Conflict Prevention and Stabilization, U.S. Agency for International Development
^
The Honorable Molly Phee
Assistant Secretary, Bureau of African Affairs, U.S. Department of State
^
https://www.congress.gov/event/118th-congress/house-event/116655
https://foreignaffairs.house.gov/hearing/the-sahel-in-crisis-examining-u-s-policy-options/
https://www.defense.gov/News/Today-in-DOD/Date/2023-12-05/
https://www.defense.gov/News/Live-Events/
https://www.youtube.com/watch?v=9jIJzo-LdsM
2:00 PM EST
Markup of 44 Bills
House Energy and Commerce Committee
https://www.congress.gov/event/118th-congress/house-event/116653
https://www.congress.gov/118/meeting/house/116653/documents/HMKP-118-IF00-20231205-SD1002.pdf
https://energycommerce.house.gov/posts/chair-rodgers-announces-full-committee-markup-of-44-pieces-of-legislation
https://www.youtube.com/watch?v=RxiclvnVUPI
2:30 PM EST
The Origin of Life: How Atoms Learned to Cooperate
Santa Fe Institute
https://www.santafe.edu/events/origin-life-how-atoms-learned-cooperate
2:30 PM EST
Tiny Troops Storytime
National Museum of the United States Army, Fort Belvoir, Virginia
https://www.thenmusa.org/events/
2:30 PM EST
To Receive a Closed Briefing on Certain Intelligence Matters
Senate Intelligence (Select) Committee
https://www.congress.gov/event/118th-congress/senate-event/335207
https://www.intelligence.senate.gov/hearings/closed-briefing-intelligence-matters-451
3:00 PM EDT
HIV/AIDS: Meeting Unmet Needs in Treatment and Prevention: A panel discussion organized by DGC/Civil Society in observance of World AIDS Day (1 December).
United Nations
https://webtv.un.org/en/asset/k13/k1314d9zrt
3:00 PM EDT
(2nd plenary meeting, Continued) Twenty-second session of the Assembly of States Parties to the Rome Statute - Election of six judges: The twenty-second session of the Assembly of States Parties (ASP22) to the Rome Statute will take place from 4 to 14 December 2023 at United Nations Headquarters in New York, United States.
United Nations
https://webtv.un.org/en/asset/k11/k11uabffe6
3:00 PM EDT
(Part 2) First Interuniversity Conference on Youth, Education and Research
United Nations
https://webtv.un.org/en/asset/k1v/k1vebun8mv
3:00 PM EDT
The Future of Multilateral Institutions in the Era of Great Power Competition
Stanford Walter H. Shorenstein Asia-Pacific Research Center Is Part of the Freeman Spogli Institute for International Studies
https://aparc.fsi.stanford.edu/events/future-multilateral-institutions-era-great-power-competition
3:00 PM EDT
Charting a Course Towards a More Inclusive Financial System: Our Collective Call to Action
The Aspen Institute
https://www.aspeninstitute.org/events/towards-a-more-inclusive-financial-system/
3:00 PM EDT
People, Politics and Prose: Loom of Time - Robert Kaplan
The Foreign Policy Research Institute
https://www.fpri.org/event/2023/people-politics-and-prose-loom-of-time-Robert-Kaplan/
3:30 PM EDT
USU Neuroscience 33rd Annual Winter Symposium
National Institutes of Health, Department of Health and Human Services
https://calendar.nih.gov/event/view/44407
4:00 PM EDT
No Scarcity of Resources for AP Microeconomics! Unit 6: Market Failure and the Role of Government
Little Rock Branch of the Federal Reserve Bank of St. Louis
https://events.stlouisfed.org/event/537de138-1ddc-4bf6-aa80-108067aebb20/summary
== 42 ==
#132553 at 2023-10-04 12:54:00 (UTC+1)
QR Bunker General #400: Cruising Altitude of 40,000 ft. Edition
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3:00 PM EDT
American Red Cross Military and Veteran Caregiver Network (MVCN) Online Caregiver Chat
Veterans Administration
https://www.va.gov/outreach-and-events/events/61550/
3:00 PM EDT
Heroes Connect: Military to Manufacturing Featuring FUCHS Lubricants - Online
Veterans Administration
https://www.va.gov/outreach-and-events/events/61120/
3:00 PM EDT
POSTPONED VA Accountability and Transparency: A Cornerstone of Quality Care and Benefits for Veterans
Senate Veterans' Affairs Committee
https://www.congress.gov/event/118th-congress/senate-event/334924
https://www.veterans.senate.gov/2023/10/va-accountability-and-transparency-a-cornerstone-of-quality-care-and-benefits-for-veterans
3:00 PM EDT
2023 OCE Postdoctoral Research Fellowships Office Hours
National Science Foundation
https://new.nsf.gov/events/2023-oce-postdoctoral-research-fellowships-office/2023-10-04
3:00 PM EDT
GRANTED Office Hours
National Science Foundation
https://new.nsf.gov/events/granted-office-hours-0/2023-10-04
3:00 PM EDT
Ethical and Responsible Research Program Office Hours
National Science Foundation
https://new.nsf.gov/events/ethical-responsible-research-program-office-hours/2023-10-04
4:00 PM EDT
Decoding Lymphocyte Regulomes in Neurodegeneration - HHS Only
National Institutes of Health, Department of Health and Human Services
https://videocast.nih.gov/watch=52533
5:00 PM EDT
Loom of Time - Robert Kaplan
Foreign Policy Research Institute
https://www.fpri.org/event/2023/loom-of-time-Robert-Kaplan/
5:00 PM EDT
Secretary Antony J. Blinken holds a meet and greet with Houston-based Department of State staff
Houston, Texas
https://www.state.gov/public-schedule-october-3-2023/
6:20 PM EDT
Secretary Antony J. Blinken meets with former Secretary of State James A. Baker, III
Houston, Texas
https://www.state.gov/public-schedule-october-3-2023/
6:30 PM EDT
ConocoPhillips White House Lecture: Secretary Henry Cisneros
Mosbacher Institute at the Bush School of Government & Public Service, Texas A&M University
https://georgeandbarbarabush.org/events/conocophillips-white-house-lecture-secretary-henry-cisneros
https://calendar.tamu.edu/bushschool/event/287953-Conocophillips-White-House-Lecture-Secretary-Henry
7:00 PM EDT
Secretary Antony J. Blinken participates in a conversation at Rice University's Baker Institute for Public Policy moderated by Baker Institute for Public Policy Director Ambassador David Satterfield
Houston, Texas
https://www.state.gov/public-schedule-october-3-2023/
https://www.youtube.com/statedept
8:30 PM EDT
U.S. Marine Band Concert - Sioux Center, Iowa
U.S. Marine Band "The President's Own"
https://www.marineband.marines.mil/Tour/
https://www.marineband.marines.mil/calendar/
https://marineband.ticketleap.com/siouxcenter23/
== 7 END ==
#67171 at 2022-10-24 21:33:00 (UTC+1)
QR Bunker General #190: Monday Mornin Edition
'''This isn't really news for those who pay attention - actively bought the bottom (at time) and sold the top (at time) and remember they also traded 'around'-and doing it now for sure the $1T of QE they did in March/April of 2020 and the same conditions exist today (Bond mkts locking up)-FED even asked all the primary dealers and counterparties they deal with if thought they (FOMC) should/shouldn't print moar munee..of course you noe the answer(s)'''
'''The Fed's Trading Scandal Broadens into a Scandal with the Mega Banks It "Regulates"'''
Last Thursday, Jeanna Smialek, who reports on the Fed for the New York Times, broke the news that the President of the St. Louis Fed, James Bullard, gave a private, invitation-only briefing on October 14 to clients of Citigroup - a Wall Street megabank that is supervised by the Fed and which received the largest bailout from the Fed from 2007 to 2010 in global banking history - a cumulative sum of $2.5 trillion in secret loans according to a government audit.
Smialek noted in her article that "About 40 people attended the event, which had a formal agenda and was advertised to Citi clients." Bullard answered questions from attendees, according to Smialek's reporting. Bullard is a voting member of the Fed's Federal Open Market Committee and has access to insider information on the Fed's market-moving monetary policy actions. Bullard would appear to have been living under a rock for the past year. The rest of the world that has had access to news outlets is aware that the Fed remains under the largest trading and ethics scandal in its 109-year history. The Presidents of the Dallas Fed, Robert Kaplan, and the Boston Fed, Eric Rosengren, both resigned from their posts on September 27, 2021 after their aggressive trading during the pandemic in 2020 came to light. The Vice Chair of the Fed, Richard Clarida, also stepped down in January after details of his stock trading made headlines.
And on the same day that Bullard was giving that tone-deaf private briefing to Citigroup clients, the President of the Atlanta Fed, Raphael Bostic, released a seven-page statement in which he admitted to failing to list a multitude of trades that were conducted on his behalf by trading firms on Wall Street over a period of five years; failing to properly report income on his assets on his financial disclosure forms; trading during blackout periods when trading was barred by the Federal Reserve; and providing inaccurate values on his financial disclosure forms. But despite these jaw-dropping disclosures, the Board of Directors of the Atlanta Fed did not ask Bostic to step down. (See our report: Atlanta Fed President Bought Low and Sold High in 2020 as the Fed Bailed Out Wall Street; Then He Failed to Report those Trades.) And, thus far, Bullard appears to be keeping his job as well, despite calls for him to leave the Fed immediately.
One year ago, Senator Elizabeth Warren delivered a speech on the Senate Floor calling out the Fed for a "culture of corruption." (See video below.) Senator Warren is quoted in the recent New York Times report again using the phrase "culture of corruption" to describe just how little has changed at the Fed despite an ongoing investigation and a year of withering headlines. As far as the public knows, the ongoing investigation of the Fed's trading and ethics scandal is not in the hands of the Securities and Exchange Commission or the U.S. Department of Justice but is in the hands of the Fed's Inspector General, which is hardly an independent investigator since it reports to the Fed's Board of Governors - the very body that has allowed this culture of corruption to metastasize. A key reason that this matter demands the eyes of career prosecutors is that the mega banks on Wall Street, which are supervised by the Fed, have been closely linked by Wall Street On Parade to the trading activities of the Fed officials.
https://wallstreetonparade.com/2022/10/the-feds-trading-scandal-broadens-into-a-scandal-with-the-mega-banks-it-regulates/