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/biz/ - Business & Finance

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54330794 No.54330794 [Reply] [Original]

DOJ is probing UBS and Credit Suisse 3 days after UBS offers to buy Debit Sussies.
DTCC is attempting to force UBS to re-neg on it's purchase of Debit Sussie being a 7% shareholder of UBS.
Debit Sussies inherited a steaming pile of leveraged derivative^2 from Archegos capital regarding GME.

If UBS manages to get out, the Bank of International Settlements (the central bank of central banks) picks up the bill through the interconnected network of derivatives that are forced to settle in default.

Here is a list of some of the bullet-swap counterparties:
>Hudson bay capital (BBBY)
Barclays
BNP Paribas
>Merrill Lynch
National Financial Services
State Street
>UBS
BNP Paribas
>Goldman Sachs
Paloma
>BOFA
>Citi Group
>Deutsche Bank AG
>JP Morgan (Fed Reserve)
Morgan Stanley
>Credit Suisse (Biggest swap party)
>JP Morgan Chase Bank
SG Amercias Securities
>Bank Of New York Mellon
Bank Of Nova Scotia
SS&C Technologies Inc
Samlyn
Fidelity Prime Services
>Morgan Stanley
Northern Trust
>Morgan Stanley Fund Services (Cayman)

>Implying banks with CDSs already mooning and/or crashing in market price
>Implying the Caymans are also not safe from GME

If the GME theory is right, they have to theoretically facilitate infinite fiat redemptions amongst every short-hedge party to GME longs and holders due to a logic error in the stock market. This kills the Central Bank of Central Banks and quadrillions of derivative bets comes tumbling down, tumbling down, tumbling down.
This kills every fiat Central Bank in the world and GME saves the world from fiat.

Sceptics benefit from this as well, one thing to consider is that the Canadian Central Bank holds no gold and no tangible assets aside from maple syrup.

>> No.54330813

>if the GME theory is right
Meds

>> No.54330833

The squeeze happened years ago. You bought the squeeze instead of selling it. You're still here trying to wish your internal world into reality.

>> No.54330900

you think some centrally managed custodial asset is going to... kill the BIS?

>> No.54331078
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54331078

>>54330813
>>54330833
Kek bankies. GME has a bigger market cap than Credit Suisse now.

>>54330900
Haha, yes. The entire asset set (AND value) of the BIS is dwarfed with the obligations Archegos heel-striked the counterparties with. As central banks are required via checkmate to step in and backstop to prevent complete market neck-snapping volatility, The equivalent fiat output to 95% GDP of BIS will be...infinitely times more times by the number of counterparties required to close. This includes the Cayman Islands which includes every fiat connected hedgehole. This includes every market and nation the previously listed counterparties hold derivatives in. This directly affects the performance of the central banks and if every one of the 63 central banks that comprise the BIS are in turmoil...

...The house of cards that is fiat comes tumbling down.

>> No.54331680
File: 183 KB, 2048x1661, respect.jpg [View same] [iqdb] [saucenao] [google]
54331680

>> No.54331716

There are anons itt right now simping for banksters and hedgecunts on a Mongolian throat singing forum. Couldn’t be me.

>> No.54331752

Game retailer that has virgins and children as customer ends the modern monetary system.... oh the irony

>> No.54331767

kek hedgies

>> No.54331782

a world of pure ejaculation

>> No.54331789

>tfw about to be part of the largest robin hood-style wealth transfer in history
Thanks gamestop, ryan, and computershare, love you niggas
>inb4 coping fudders

>> No.54331858

>>54331078
so will my TWO-HUNDRED-AND-NINETY-TWO DOLLAR PER SHARE, SHARES OF GME FINALLY WORTH MORE????
didn't think so.

>> No.54331888

>>54331858
>bought at 292
>thinks he should take away anything from this fact other than that he is a retard
but yes eventually they will be worth more dummy

>> No.54331969

>>54331078
>>54331716
top kek

>yfw they don't know

>> No.54332867
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54332867

>>54330794
So far the criminals counterfeiting shares to short has killed CS, will DB follow?

>> No.54332939

>about to
That' be great, OP.
I would love it. But at this point with GME I always say to myself, 2 more weeks.

>> No.54333684

>>54332867
>54332867

>predatory take-down of a cornered and defenceless counterparty

That's fucking ripe coming from the arch-predators themselves. These predators have squandered the incredible creative energy and resources of our civilization for too long. The game stops NOW.

>> No.54333748

nothing feels as comfy as holding gme. it's unrugable and has a potentially infinite market cap. i love my lil gme niggers like you wouldn't believe.

>> No.54333823

>>54330833
this

>> No.54334192

Reminder for those that have not been following: GameStop has created an NFT marketplace, has put language in its prospectus that implies the right to issue shares of ownership in the company AS a divisible NFT, and has mentioned in filings they may need to register as a broker dealer. The end goal is replacing not just fiat but the entire legacy technology stack used for trading securities, with all trades fully settled next-block on Ethereum L1 mainnet thanks to zkEVMs/zkRollups instead of this T+Judaism nonsense. This is the direction the FTX US partnership was intended to go, but FTX turned out to be massively short GME via fraudulent unbacked share tokens instead of being a good faith partner, so GameStop kicked them to the curb.

>> No.54334685

>>54330794
kek dumb fuck baggie

>> No.54335425

GameStop and bbby are not going to merge. Why would two failing retailers merge? Kek baggies

>> No.54335486

So from this thread I guess I truly understand this board now. You guys are actual fucking retards.

>> No.54335627

GAME-STOP

the game is over bros…

>> No.54336314

sneed
https://www.reddit.com/r/BBBY/comments/11smfa6/i_just_noticed_that_bbby_started_having_huge_ftds/

>> No.54336331
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54336331

>> No.54336337
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54336337

>> No.54336392

>>54330813
>>if the GME theory is right
>Meds
/thread

>> No.54336610
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54336610

>>54336314
And when Hudson Street Capital is forced to dilute BBBY as part of their infinite loss obligation? That share printer is turning on faster than Usain Bolt on pervian marching powder and BBBY goes straight to 0 and whatever shorts are on it become far insignificant. There is only one idiosyncratic stock that had an emergency Congress meeting.

>>54332867
Here are the CDS' of the most innocent bank. ~80 to 714 in 2 days. Numbers soon to be updated.

>>54331858
>>54334685
>>54336392
Super
Niggers
Ending
Evil
Dystopias

Simp for banks all you want. Jerome was never going to save you.

>> No.54336738

How 2 short the Bank of International settlements?

>> No.54336752
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54336752

>>54336610
HBC is the facilitator of the transaction not the counterparty. It was confirmed by BBBY investor relations.

Hedgies are actually in a deeper hole with BBBY then with GME because they priced bed bath to declare bankruptcy this quarter. Next earnings will BTFO every hedgie who has even come close to thinking about shorting it.

>> No.54336801

>>54336610
Dude seriously no one has time for your schizo Bull shit and explanations. Srsly no one gives a fuck. Just tell me do I buy puts or calls

>> No.54336862

>>54336752
Fuck off with your bbby scam

>> No.54337048

>>54336801
>Just tell me do I buy puts or calls
You definately belong here, brother.

>> No.54337284
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54337284

>>54336752
Read the image in the very first post, in fact, the very first counter-party listed:

>>54330794
>ARCHEGOS-RELATED POSITIONS, INCLUDING COUNTER-PARTIES: HUDSON BAY CAPITAL