The #tether#commercialpaper section has been expanded/updated to show not just the net changes but the new issues/rollovers etc....
The purpose of the #commercialpaper analysis was to highlight that the reported $6.4B reduction in CP was only half the story....and it kinda shits me that the numbers are just trumpeted by most news as is...
Anyone can add/subtract the difference between the reported quarters. But it takes a bit more work to actually drill into the information to work out changes/movements. $7.6B of CP's matured during the Dec Quarter which is $1.2B more than the net reduction.
So if $7.6B of CP's matured....net change is $6.4B where has the additional $1.2B come from.
$726m <90day is either new and/or rolled over.
Of the $824m >80day CP's $509m is new/incoming and the balance is the residual from previous quarter.
From there you can attempt to determine the returns on the matured CP. For example, assuming
(a) that the annualised 90day CP rate is 0.7% (stlouisfed.org).
(b) CP issued at a discount to face value
= $13.2m face value premium on maturity
[0.7% x 90/365=0.17%]
But of course none of these returns can been seen to flow through the attested financials
Not just the CP its also the interest/yield from their other investments and the revenue's that should be being earned including the 0.1% fee on new funds.
57.26B+ of #tether issued CY2021 = $57.26m of revenue, the attested financials do not support this (non-token debt rises QoQ).
Does this infer that assets other than fiat are being accepted as consideration for new tether?
More problematically it appears that assets held/invested by #tether appear not be properly reconciled/revalued. A prime example of this is the #tether's investment in @celsiusnetwork
#tether followed its money in #celsiusnetwork's Series B round of which the investment was made and shares were issued in the Dec21 quarter crystallising a $181m uplift in its investment which if accounted for properly would more than double the reported $137m net assets.
#celsiusnetwork cap table analysis - (a) Series B issues (b) Cap table (all series) (c) pre/post money valuation by round
• • •
Missing some Tweet in this thread? You can try to
force a refresh
@RepMikeCollins No problem with tasering student while handcuffed.
In fact you seem so proud of that you thought it was worth cheering on.
Was it because he was a student? Or because he was protesting? or because he was black?
@RepMikeCollins Not sure what your laws are down in Georgia.
But here is a police department recommendation report from Stanford that gives some pretty clear guidelines when a Taser can be used.
So why would cheer on someone getting tasered while handcuffed expressing his First amendment right?
@MahyarTousi Have you read the survey and polling data? (probably not as it's not that easy to find).
An online survey of 1,000 (out of 4m) that was completed over 30 days.
@MahyarTousi The period the survey was conducted was Feb/Mar 2024 quite a few events - 2 weeks before ICJ 'plausable' statement, right in the middle was the flour massacre.
Lets put aside the likely changing views over the survey period and the whofully inadequte size of the poll.
This statement and variants have been circulating for days without reference to the actual data;
"Just a reminder that almost half of the Muslims in Britain have openly shown sympathy for Hamas in the latest data."
I think the strategy is much more nefarious. They are going to flood aid into Northern Gaza and make it difficult for UNRWA and other agencies to deliver aid to the balance of Gaza. Northern Gaza's famine risk classification will fall and the balance of Gaza will rise. They will use those statistics to justify their claims that it was never them that caused the crisis it was always UNRWA.
looking at this in more detail its appears that the Northern Gaza strategy has been in play for quite sometime.
I'm not sure of the exact location of the pier than has been constructued there is no doubt that it will be on the Northern side of #highway749 which now seperates north and south Gaza.
Following the removal @unrwa's access to Northern Gaza we will see a new 'free-flowing' crossing established which will no doubt have the highest thruput of all crossings.
The IDF have already made statements about the intended flow of aid from the jetty is to be for North Gaza and that is to be operational within weeks after the new crossing is opened.
meanwhile south of #highway749 is going to be decimated and if that wasn't obvious yesterday it will be tomorrow. #deiralbalah is under attack right now.
@EylonALevy Is there a reason why you only images of the transfer site that; 1. have been photoshopped with an art image effect/filter? 2. Never have any people on site? 3. Never date/time stamped?
Here is the 'facility' and its location on the border
Interestingly the image showing the 5 structures is from @bingmaps this one is from @googlemap as you can see the 5 structures are yet to be built in google maps (there is no date stamp but it appears that google maps is lagging bing maps for this area).
Yesterday I couldn't help but reply to @eylonlevy throwback post to the Hamas Datacentre and the ridiculous notion that an entire miliary intelligence complex was being powered by literally 5 cables punched through the floor of @unrwa HQ.
Of course, no response. but it did remind me to go back to my previous thread and notes.... only to realise I never actually posted part 2 of the thread.
First a recap.
who could forget unveiling of the 'smoking gun' against @UNRWA .
...cables that power Hamas intelligence infrastructure directly below.
did anyone actually get to see the datacentre ...well no. everything but. did anyone match those cables to ones in the datacentre ...well no.
Where the 'other' datacentre is ....I have no idea. Perhaps @dailymai can verify since they posted the video on their YouTube channel (thats for another day).
So where is it. Well first lets recap a few bits of nonsense.
This is in the UNRWA building but its not a server room. The patch panel on the wall is for phones...the cut cables are not network cables but phone cables (much thinner).