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Mario Nawfal

@MarioNawfal

Mar 18

#BREAKING: Donald Trump, Stormy Daniels, Fraud and Arrest

President Donald Trump has confirmed on Truth Social he will be arrested on Tuesday.

What is the accusation? Should he be arrested? Is this a political move?

(a thread)

Trump denies he had any sexual relations with Stormy Daniels.

Stormy claims they met and had sex in 2006 at a celebrity golf tournament.

This was around the time Melania had given birth to their son. /1

Stromy Daniels first attempt to go public with the story was in 2011.

She was paid $15,000 by In Touch Magazine for the interview.

Under threat of a defamation claim they didn’t publish the interview. /2

Read 10 tweets

Mario Nawfal

@MarioNawfal

Mar 12

#BREAKING: Depositors of Signature and Silicon Valley Bank will now have access to all of their money on Monday. No losses will be borne by the taxpayer

Shareholders/certain unsecured deb tholders will not be protected

Additional funding will also be made available for banks.

The Fed has stepped in. Futures spiked, crypto spiked. Is this the beginning of a market reversal?

The Federal Reserve will implement the Bank Term Funding Program (BTFP) which will give loans of up to one year to banks, savings associations, credit unions, agency debt and mortgage-backed securities.

The BTFP will be a source of liquidity against high-quality securities.

Read 5 tweets

Mario Nawfal

@MarioNawfal

Mar 12

twitter.com/i/web/status/1…

🚨#BREAKING: U.S. government expected to make a "material" announcement on Sunday to shore up deposits in Silicon Valley Bank to prevent wider fallout.

Yellen: "We are concerned about depositors and are focused on trying to meet their needs.”

(a LIVE thread) twitter.com/i/web/status/1…

US government through Treasure Secretary Yellen said regulators are working on the collapse of SVB and reassured Americans the banking system is “safe”.

This is in the midst of the FDIC takeover and the concern this will have a cascading impact on other banks. /1

Whilst acknowledging concerns of small business who are unable to access funds, Yellen did not provide any information as to the steps that will be taken to alleviate concerns.

Although she did say that an acquisition of Silicon Valley Bank is a possibility. /2

Read 10 tweets

Mario Nawfal

@MarioNawfal

Mar 11

#BREAKING: How Moody's warning to DOWNGRADE Silicon Valley Bank (SIBV) caused the collapse on Friday

The full story finally comes out!

(a thread)

Warning signs emerged in 2019 when deposits grew faster than loan book

Fast forward to last week & Moody warns a major downgrade

$SIVB were burning through cash causing stock price to tumble so they began pulling back on investment. This plan backfired as lenders took over /2

https://twitter.com/MarioNawfal/status/1634363165327728641

A lack of customer diversity and poor investment decisions including investments in Mortgage backed securities compounded the problem.

This bring us to Feb 27 where the CEO and the CFO sold a large propitiation of their shares in SIVB /3

https://twitter.com/MarioNawfal/status/1634363165327728641

Read 9 tweets

Mario Nawfal

@MarioNawfal

Mar 10

#BREAKING: US Banks Collapsing - Global Financial Crisis 2.0

Silvergate has shutdown and SVB in meltdown.

Californian lenders used by major Silicon Valley companies are facing significant problems.

(a thread)

What made the situation worse was that a large number of people removed their funds from these banks.

This happened within a short period of time, causing the bank serious problems. /1

Rising interest rates have caused banks, who have been left with low interest bonds, with a situation where they are unable to sell them quickly without a loss. /2

Read 8 tweets

Mario Nawfal

@MarioNawfal

Mar 9

⚠️#BREAKING: Matt Tiabbi and Michael Shellenberger currently testifying to congress on the #TwitterFiles, the biggest release of social media censorship data to the public.

We get a deep look into social media censorship and governmental agency involvement.

(a LIVE thread)

@ShellenbergerMD

@ShellenbergerMD:

There has been state sponsored censorship of American citizens.

Intelligence agencies work with other agencies to censor the people.

Psychlogical manipulation used on ISIS is now being used on Americans. /1

@mtaibbi

@mtaibbi:

Relationship between Twitter and government impacted on both the left and right. It’s an issue that affects all.

Government agencies with quasi-entities were involved in censorship. /2