Discover and read the best of Twitter Threads about #executives

Most recents (7)

1. Unfortunately, my prediction yesterday proved correct. The #SEC has filed a motion for a preliminary #injunction and a temporary #restraining order to „freeze” Binance’s assets in the US. It won’t block withdrawals, but please be aware that you may @AshBennington @RaoulGMI Image
2. experience longer wait times, particularly for withdrawals exceeding $100,000, due to additional rules imposed on #Binance.US.

The rule stipulates that in order to move customer funds exceeding $100,000, written approval from two of the company’s senior #executives is Image
3. required, creating a significant inconvenience. Is the #SEC really acting in the interest of consumer safety and protection of their #financial wellbeing? On a positive note, this will only affect #Binance.US for now.I hope the issue does not spread to other Binance entities.
Read 4 tweets
and really this is what the failure of #capitalism boils down to: capitalists hate *equilibrium*. a healthy planet full of life is a physical system—one of profound complexity, but still, a system in dynamic equilibrium, maintaining an approximately steady state over time.

(1/x)
"steady state", in economic terms, would mean a #business that continues to provide approximately the same services or products over time to a steady clientele—not a *constant* number of clients but one that varies up and down with time, oscillating about a steady average.

(2/x)
and this #business would continue over time to charge about the same for its products or services, and the profit rakeoff going towards workforce and #management pay would also remain about the same. this approximately stable state would be a business at equilibrium.

(3/x)
Read 14 tweets
#NorthernData published several press releases since the BOY, but omitted most of the relevant information.
The company missed its already lowered guidance, is sued by $RIOT for $114m and auditors issued a going concern warning
$NB2 guided 100k ASIC miners for 2022, 200m to 250m revenue and adj EBITDA (excl. trading losses) of up to 75m. They missed all of them. Only the mined BTC were slightly above the lower end of the guidance
Partners cut ties with #NorthernData which leads to a revenue decline of at least $25m. On top, $RIOT is suing Northern Data for $114m, the #Bafin and public prosecutors are investigating the company.
Read 6 tweets
1/14 This piece from @latimes @hiltzikm about the #southwest meltdown is a must-read ⬇

Southwest’s meltdown was born in America’s cheapskate corporate culture

loom.ly/wzy4k30
2/14 "The short answer is their underinvestment in preparation and planning. For decades, Big Business has been squandering its resources…instead of spending on workers and infrastructure. There’s not enough give in the system, so when crisis comes, it doesn’t bend, but breaks."
3/14 $LUV gross profit for the twelve months ending September 30, 2022 was $5.928B, a 53.81% increase year-over-year.
Read 14 tweets
Read the thread
How hypocritical #SupremeCourt #Judges are Collegium System:It is the system of appointment & transfer of judges that has evolved through judgments of the SC,& not by an Act of Parliament or by a provision of the Constitution.Note:Not a Parliament & Constitution
Achievements : 4,10,47,976 cases are pending in the various district and subordinate courts. Over 4.70 crore cases r pending in various courts in the country, including 70,154 in the #SupremeCourt
lack of transparency.
Scope for nepotism.
Overlook several talented Jr judges & Adv
1. Dipak Misra, CJI - Nephew of Rangnath Mishra, ex CJI
2. Rajan Gogoi - Son of Congress CM of Assam K C Gogoi
3. Madan Lokur - Son of B N Lout, ex Justice of Allahabad court
4. A K Sikri - Son Of Ex CJI S M Sikri
5. S A Bobde - Son of Arvind Bobde, ex AG of maharastra
Read 10 tweets
‘More than 100 corporate executives hold call to discuss halting donations and investments to fight controversial #VotingBills

“including by halting donations to politicians who support the bills and even delaying investments in states that pass the …”

washingtonpost.com/business/2021/…
“… that pass the restrictive measures, according to one of the organizers of the gathering, Jeffrey Sonnenfeld, a Yale management professor.”

#VotingBills
#CorporateAmerica
washingtonpost.com/business/2021/…
‘CEOs Plan New Push on Voting Legislation’

‘Companies from PayPal to AMC have signaled they will support joining effort for voter access, people say’

“asked CEOs to sign a statement opposing what they view as discriminatory legislation …”

#VoterAccess
wsj.com/articles/ceos-…
Read 18 tweets

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