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Thetech's avatar

These people are in trouble...from SP Global this morning: (A small community bank in NY needs a BILLION DOLLARS TO SURVIVE...we are truly screwed.

Institutional investors and certain members of New York Community Bancorp Inc.'s management will make over $1 billion equity investment in the company that includes more than $450 million from Liberty Strategic Capital, $250 million from Hudson Bay Capital Management LP and $200 million from Reverence Capital Partners LP, as part of the transaction, the company said in a news release. In connection with the investment, Joseph Otting, former US comptroller of the currency, will assume the CEO role and join the board with former Treasury Secretary Steven Mnuchin, Hudson Bay's Allen Puwalski and Reverence Capital Managing Partner Milton Berlinski as new members. Citadel Securities LLC is also an investor, the company said.

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Randy Best's avatar

I agree with you 100%.

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Kristof Andras's avatar

Mr. Greg, why would anyone believe that the real 10-yr yield is 4.08 ? As a wise man has said, "Every Company has two sets of books, the one's you see and the one's they see." Does the same note hold true for graphs on a screen?

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Dusty Boots's avatar

Saw this headline:

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent.

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trumpHELL666's avatar

Camaro Sticks Landing After Going Airborne | Lights Out 12

https://www.youtube.com/watch?v=-tnqMpz-EIQ

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Randy Best's avatar

All they are doing is propping up a failed system. Who is their right mind would purchase US debt?

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healthyenergy123's avatar

Don't know if any of you are following Canada's latest? They want to give HUGE fines/prison time for people posting/discussing the benefits of.... gasoline and cars that use it.

Nice.

Bill C-372

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Brook’s Golden State Of Mind's avatar

Wow. I’m hearing that people are receiving a warning about images too . Even their own images or images of work they’ve done. Strange

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healthyenergy123's avatar

WHAT will it take for people to actually wake up?

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Brook’s Golden State Of Mind's avatar

I think they are beginning to actually . Tomorrow will be something new to shock some people as new things unfold.

“It’s time to change the things we can no longer accept”.

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ROBERT's avatar

YEA! FOR OUR TEAM

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Mark Myers's avatar

If they rate paid by bonds continues to drop

expect more money to make its way back into

the stock market.

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GregO's avatar

When that day arrives that this debt is not bought and these bond yields go ballistic, it will be an epic event, just as you have been screaming from the roof tops! If we catch that wave & short this market, watch out, big BIG profits will be realized! Unfortunately, the uninformed/uninterested masses (by their own doing) will suffer generational tragedy, loss & suffering. Hopefully, many of us, with our good fortunes, could help those unfortunates.

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Brook’s Golden State Of Mind's avatar

Dear Greg, please keep sharing your racing videos with us on newsletter until Instagram gets the issues with AI fixed. Sometimes some of us can’t log into Instagram and sometimes we can. Personally I think this change is preparing us for the new system. Thank you love.

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