Discover and read the best of Twitter Threads about #bankruptcy

Most recents (6)

1. #JeffreyEpstein just added a three-attorney litigation team from a high-power white collar firm. Is it more evidence that there may be a #Ponzi lurking? Does this mean Epstein may have E&O coverage? IMO that's consistent with this firm's appearance.…
2. Having worked unwinding my first Ponzi in 1990, I expect if that, if that is what we are looking at, it will go fast towards SDNY #Bankruptcy court. If not, then it may be just run-of-the-mill money laundering and/or securities fraud case. But it's at lease two of three IMO.
3. Plus a Bobby De Niro lookalike. 😎…
Read 3 tweets
Great talk by @martinwolf_ at the 46th Economics Conference @oenb @suerf_org on escaping the #trap: secular #stagnation, monetary #policy and financial fragility
Before the outbreak of the global financial crisis @martinwolf_ saw himself as an orthodox economist - now suggests to read Minsky, Godley et al.
'Everything depends on everything else' - eternal truth by @martinwolf_
Read 9 tweets
Tiffany Blue = Secret info - parallel between Golden King with golden orb and Zucker with nothing "unhinged" is a joke about how 1 year ago (to the day) CNN did a special on the Vatican as the "most powerful man" (back when they had gold) check this thread for info #Qanon #MSM
Relevant to this thread - Russia Buys 1 Million Ounces Of Gold In February "Time to take power back from the financial and monetary system" #EndTheFed… #Qanon #GreatAwakeningWorldwide #GoldRush #Vatican #Russia #CentralBank #Gold #TickTock
Relevant to this thread - Head transplant doctors Xiaoping Ren and Sergio Canavero claim spinal cord progress. - This is #symbolism of replacing the gold from the Vatican as the primary way the cabbal pays cultists with tech money.… #Qanon #China #Facebook
Read 22 tweets
THREAD: @PGE4Me on Tuesday filed for Chapter 11 #bankruptcy protection, a move the company insists is necessary to contend with at least $30 billion in potential liabilities growing out of the calamitous #wildfire seasons of 2017 and 2018.
@PGE4Me In a simple voluntary petition filed just after midnight Tuesday morning with the U.S. Bankruptcy Court for the Northern District of California in San Francisco, @PGE4Me estimated its liabilities at about $51 billion and its assets at more than $71 billion.
@PGE4Me Despite that solvency, @PGE4Me officials argued that they need the Chapter 11 protections because they are unable to borrow enough cash to cover operating costs.
Read 14 tweets
Check how #bankruptcy law is helping banks and spreading cheer to their balance sheets
1. Tata Steel ensuring a big payday to lenders of Bhushan Steel, one of the largest non-performing assets in the banking system
2 SBI, which also had the largest exposure to the 5-million tonne steel plant, at Rs 12,864 crore, will get back Rs 8,083.30 crore..
Read 12 tweets

THREAD: a #bankruptcy case in Los Angeles may lead to MORE charges against #Manafort, including BANKRUPTCY FRAUD‼️

Mueller is focusing on Jeffrey Yohai, Manafort’s fmr son-in-law & partner, as a potentially valuable witness.🤣😂🤣 1/…
Manafort failed to disclose a loan for a NY property from a lender that was also the main creditor in the California bankruptcy case👉🏼may represent an ILLEGAL concealment of material information = BANKRUPTCY FRAUD‼️🤨 2/
This is bit confusing, so I will try to break it down.🤓

In early 2017, Manafort’s company got a loan against a NY home from Genesis Capital LLC. Genesis ALSO was the top secured creditor (gave biggest loan) in the bankruptcies of the 4 houses in LA partnered w/Yohai.🤔 3/
Read 12 tweets

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