So this seems noteworthy.
Cleta Mitchell was listed as “Secretary” of Bannon’s Citizens of the American Republic charitable organization 2018 form 990.
The organization was used by Bannon to steal/launder money from WeBuildTheWall.
June 2019:
“Former chief White House chief strategist Steve Bannon quietly brought in Washington D.C. super lawyer Cleta Mitchell to represent his nonprofit, Citizens of the American Republic, CNBC has learned.” cnbc.com/2019/06/25/ban…
This kind of sloppy statistical “analysis” is a form of disinformation.
You need to look at the racial breakdown of the populations *allowed access to the vaccine* (SKEWS VERY OLD) to get accurate statistics.
Hedge funders believe they themselves are the smart money and retail investors are dumb money. How do I know? I used to be a trader at a hedge fund.
This is very much a form of class warfare.
The truth is, hedge funders are mostly reckless money, bec they are playing with someone
else’s $$, and they usually make money from management fees even when they lose their clients’ money. (Performance fees mean they make more when they make money for their clients so there is an incentive to not lose everything, but it’s much easier to take risks with OPM)
They think of themselves as masters of the universe, but really they are just lucky assholes.
“Let’s do a prank where one of us is maskless on the subway in the city that was hardest hit by the deadly pandemic that is still raging and one of us is dressed as chucky, violating all social distancing, and acting like a violent lunatic”
“What could possibly go wrong?”
I have been the trader on a squozen short.
The hardest part is finding the borrow.
In order to short sell, you need shares to deliver when you sell. In order to get the shares, you borrow them. When things are really squeezy, the borrow fee (like an interest rate) skyrockets.
It’s a supply and demand issue.
To sell short, you must borrow shares to deliver on completion of your sell trade.
You generally borrow those shares from a long term owner of those shares, who has no plans to sell any time soon and can make a small interest rate on lending the
shares to a short seller.
But when things get really squeezy, long term owners may decide to take profits and sell their shares when the price hits their price target.
They have the right to take their shares back from the borrower when the long term owner sells.
Then the