Discover and read the best of Twitter Threads about #dodgy

Most recents (3)

So just to give everybody a summary of the #OpWatts evidence form this morning's hearings -

#Dodgy, #Dodgy, #Dodgy

Garotti isn't a good witness. He was clearly wanting to be a big player, whether he actually was or not, and is trying to downplay himself to the commission.
But they are having none of it, and keep referring him to previous statements, and evidence they had locked and loaded that Garotti wasn't aware of.

One thing shines through yet again. Labor's internal party culture is/was rotten AF, and they don't learn from their mistakes.
Much of these activities can't be recalled in any detail, because they were so run of the mill they weren't remarkable enough to be memorable. And the commissioner once again brings up #RedShirts to clarify that the witness of the day was aware of it, and nothing changed after it
Read 14 tweets
Questions to Byrne are starting now, going over his history with the ALP, and the positions he's held.

I'll thread these now that the examination proper is starting
#OpWatts
Recounting the timeline of events following the revelations from the Age and 60 Minutes, including the handing over of party admin to the federal branch of the party. Byrne confirming comments he made at the time that he hoped there would finally be a clean up
#OpWatts
"I thought the party was completely out of control"
"Referring to branch stacking, coercion of staff, referring to a party basically being taken over by one person"
Council - "Which person"
Byrne - "Adam Somyurek"
#OpWatts
Read 98 tweets
@RealWillyBot @jimcramer While its great to see #MSM's epiphany (albeit 3 years late) that #tether might be #dodgy. perplexing that #tether is still being discussed as if its a potential risk vs a flat out fraud. Not only is it obvious that tether are NOT the 7th largest holder of commercial paper. Image
@RealWillyBot @jimcramer While commercial paper is s Trillion$ market its long been in decline, average term is 270 days and almost always rolled over (and if its not most likely refinanced for cheaper longer term debt - hence the decline)
@RealWillyBot @jimcramer So lets assume $1T market is declining 10%pa, 270 day term, 90% rolled over. max deals that could be financed by new entrant ~$7.5B pm....($90B pa). Image
Read 12 tweets

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