/qrb/ - QResearch Bunker

>>147668

Sorry I should sauce that up. It makes me wonder if there is something else at play 🤔

Also, Twitter's "alotta" Vijaya Gadde. KEK

...

Elon Musk adds new reason for termination of Twitter deal

August 30, 2022

The ongoing acquisition drama between Elon Musk and Twitter continues.

On Monday, Musk's counsel sent a letter to Twitter’s general counsel and head of legal, Vijay Gadde, citing "an additional notice of termination." Twitter responded on Tuesday by denying the allegations.

In July, Musk backed out of the $44 billion sale agreement he made with Twitter. He did so because he said Twitter provided "false and misleading representations" of multiple forms of user data including the quantity of "false or spam accounts" on the social media platform. Twitter is working to force the deal, which values the company at a share price that is roughly 25% above this week's value.

Now, Musk’s legal team has another reason for terminating the deal, this time involving information published in The Washington Post. The newspaper obtained a whistleblower complaint filed with the Securities and Exchange Commission by Peiter "Mudge" Zatko against Twitter

Zatko, a hacker and the former head of security for Twitter, alleges multiple forms of misconduct at the social media company. In Monday's letter, Musk’s counsel, law firm Skadden, Arps, Slate, Meagher & Flom, argued that if Zatko's allegations against Twitter are correct, "the Musk Parties [have] the right to terminate the Merger Agreement." The letter singles out aspects of Zatko's complaint including the allegations that Twitter is "uniquely vulnerable to systemic disruption" and that "the platform is built in significant part on the misappropriation and infringement of third party intellectual property."

In a statement released to the public, Zatko's lawyers said the security expert believes "Twitter has been, at all relevant times including today, in violation of numerous laws and regulations."

Twitter responded by both reaffirming its view that Zatko’s complaint is "riddled with inconsistencies and inaccuracies," and adding that Musk continues "to knowingly, intentionally, willfully, and materially breach the Agreement."

"I think that the Skadden letter was an interesting but maybe risky strategy,” David Bernstein, who specializes in mergers and acquisitions with Goodwin Procter LLP, told ABC News. "There is an underlying implication that there is a weakness in the original termination.".

Neither Musk's lawyers nor Twitter's legal counsel at Wachtell, Lipton, Rosen & Katz immediately responded to ABC News' requests for comment.

On Oct. 17, Twitter and Musk are set to face off in front of the Delaware Court of Chancery for a five-day trial. Twitter would like Chancellor Kathaleen McCormick to compel Musk to buy Twitter at the originally agreed-upon amount, whereas Musk is hoping to avoid the purchase.

Bernstein believes there is a chance that Monday's letter from Skadden hurts Musk’s case. Because this latest letter is not supplementing the original argument for termination but rather adding a totally separate reasoning, it could be perceived as an admission that the spam account argument is not as strong as Musk had hoped.

“I'm not saying that it totally abandons the first [notice of termination],” Bernstein explained. "I'm saying that it seems to me to indicate some doubt about the strength of the first termination.”

McCormick’s decision will likely be handed out before the end of 2022.

https://abcnews.go.com/US/elon-musk-adds-reason-termination-twitter-deal/story?id=89059081

>>147621

'and they do this right after the top making it look like this is temporary-were you all not paying attention to Blackstone last week? >>146989, >>146990 pb "we are stopping but you?...oh you'll be just fine go right ahead..we'll even help you out-go see our man in Charlotte."

edited as most of this is known already-some choice 'deets' posted

Bank of America tests no-down-payment mortgages for Black, Latino homebuyers

Mortgage program available to homebuyers in Dallas, Miami, Los Angeles among other cities

The Charlotte-based bank will also not require mortgage insurance – an additional fee that buyers can face if they put down less than 20% of a home's purchase price (which can be as costly as a second mortgage in some cases) – for the program. Eligibility will instead be based on factors like timely rent, utility bill, phone and auto insurance payments. (like who can't qualify for a car-loan now?-they practically have to pay you up front-but get it all back-and then some over the term) Prospective buyers must also complete a homebuyer certification course provided by Bank of America and federally approved housing counseling partners before applying for the program. (that is the "where is yer black or hispanic card?" test-even though they say you don't have to be black or hispanic)'

https://www.foxbusiness.com/economy/bank-of-america-tests-no-down-payment-mortgages-black-latino-homebuyers

Top 3 Institutional Shareholders

Berkshire Hathaway Inc

Berkshire Hathaway owns 1.0 billion shares of Bank of America, representing 11.7% of total shares outstanding, according to the company's 13F filing.

Vanguard Group Inc.

Vanguard Group owns 613.5 million shares of Bank of America, representing 7.1% of total shares outstanding, according to the company's 13F filing.

BlackRock Inc.

BlackRock owns 509.9 million shares of Bank of America, representing 5.9% of total shares outstanding, according to the company's 13F filing

https://www.investopedia.com/articles/insights/052616/top-4-bank-america-shareholders-bac.asp

Since "Uncle Warren"-and that is totally tongue-in-cheek as he is always portrayed as the "nice old man" narrative but you should ask him about Boys Town and also all his sweet crony capitalistic deals he got during the 2007-2008 mkt event-especially with Goldman Sachs warrants and Harley-Davidson-is the biggest shareholder here and added a large chunk of it during 2021-right when doze short-term Silver leases were being put on with JP Morgue I'm guessing that by the time the next 13-fs are filed the other two will have cut exposure

>>147347 NASA calls off Artemis 1 moon rocket launch over engine cooling issue-Friday Sept 2 next op for launch

Note the minutes dis time-scrubbed for launch at window that opened at :33 after the hour on monday this week and 2:17pm EST launch window opens on Sat....cursed by :33 and launches on :17 min after the hour and the same day 45 rally in PA-and it could have gone tomorrow according to the NASA release on monday

NASA Says It’s a ‘Go’ for Launch of Artemis Moon Rocket on Sept. 3

NASA is proceeding with its schedule to launch the Artemis I moon rocket on Sept. 3 at 2:17p.m. Florida time.

NASA originally tried to launch its Artemis I mission on Aug. 29, but called off the countdown due to a problem with one of the rocket’s four main engines. Earlier this week, NASA officials said that if the launch attempt this Saturday is called off for reasons unrelated to the rocket’s mechanics such as weather or air traffic they expected to be able to try again as soon as 48 hours later. “We are again proceeding into our Saturday launch attempt -- we’re comfortable with our risk posture,” Mission Manager Michael Sarafin said at a briefing Thursday. “That said there’s no guarantee that we’re going to get off on Saturday, but we’re going to try.”

When NASA tried to chill down the engines in preparation for launch earlier this week, one didn’t appear to be reaching the correct temperature. After the delay, NASA blamed the problem on a faulty sensor that might have been providing incorrect temperature data. The space agency planned to rework its engine chill process during the next launch attempt. The Artemis I mission will be the first major flight in NASA’s ambitious plan to return to the moon, including sending the first woman and the first person of color to the lunar surface as early as 2025. Artemis I is aimed at testing out the Space Launch System core rocket, made by Boeing Co., and a new deep-space crew capsule called Orion that was developed by Lockheed Martin Corp.

https://www.bnnbloomberg.ca/nasa-says-it-s-a-go-for-launch-of-artemis-moon-rocket-on-sept-3-1.1813647

>>147672

> drive property values up they will

for a short period mebby-if the golden goose(s) don't come back it's temporary at best-they totally bluffing on the rates-sticking to that..all talk.

so everyone that has higher than lender approved LTV (loan-to-value) gonna need "muh mortgage insurance canceled" nao

They just not calling it NINJA this time

AF2 USAF C-32A returning to JBA from Raleigh-Durham Int'l and moar muh inflation and health care BS

SPAR79 USAF G5 (NATO AC) heading back to Brussels or Chievres-this arrived at MacDill AFB 0829 and went to JBA 0830'''

KECK228 USAF C-17 GLobemaster on ground at Raleigh picking up equipment to take back to JBA

>>147660

Mr and Mrs Potato empty callsign 747 departed JBA and already at Philadelphia Int'l Airport

and wuz actually almost on time for once...almost.

Such crap "continued battle for the Soul of the Nation"

'aight who gonna take one fer the team??

CASTL33USAF C-130 Hercules doin' roundys at Allentown, PA while AF2 is on final at JBA and she had a fundraiser after her 'speech' which was the real reason fer that trip

New York Federal Reserve vaporizes moar FIAT dosh-Liquidity Swap with the European Central Bank: $196.5m

This was NOT there yesterday even though the date is reported as yesterday-it settled today 0901

https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations

https://www.marketwatch.com/investing/currency/eurusd

With no reason given they ended this after almost 10 years yet they never took them off of the Primary Dealers list either so they need "all hands on deck" as they attempt QT and anything that would appear negative for them is now gone-let us not ferget the Comey was placed on the BoD at HSBC AFTER this was implemented/announced

Federal Reserve Board announces termination of enforcement action with HSBC Holdings plc

The Federal Reserve ended an almost decade-long enforcement order against HSBC Holdings Plc for violations of US sanctions and anti-money laundering rules.

Without explaining the impetus for ending the order, the Fed said in a statement on Thursday that it was terminated on Aug. 26-but announced today. The regulator’s 2012 action stemmed from a high-profile case against the firm for shirking US laws that allowed for Latin American drug cartels to launder money, as well as for violating rules in handling transactions from Iran, Cuba, Libya, Sudan and Burma. In December 2012, HSBC admitted to US allegations and entered into a deferred prosecution agreement with the Justice Department. In settling the case, the bank agreed to pay a then-record $1.9 billion in penalties to US authorities. Five years later, the Justice Department ended the oversight agreement. “Over the last decade HSBC’s employees have worked hard to transform the bank’s financial crime risk management capabilities,” the bank said in a statement on Thursday. “We are pleased with the Federal Reserve’s decision to terminate the 2012 consent order and remain committed to our efforts to combat financial crime.”

https://www.federalreserve.gov/newsevents/pressreleases/enforcement20220901a.htm

https://www.bnnbloomberg.ca/hsbc-enforcement-order-ended-by-federal-reserve-after-a-decade-1.1813653

From the original action

UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM-WASHINGTON, D.C

In the Matter of HSBC HOLDINGS PLC

London, United Kingdom

Order to Cease and Desist Issued Upon Consent Pursuant to the Federal Deposit Insurance Act,as amended

Between 2006 and 2009, Holdings’s banking subsidiary in Mexico, HSBC Mexico (“HBMX”), was able to engage in a substantial number of high-risk transactions with. HBUS while maintaining an inadequate system of internal controls to manage the risk of money laundering

From at least 2001 to 2007, Holdings’s banking subsidiaries in Europe, HSBC Bank plc (“HBEU”), and the Middle East, HSBC Bank Middle East (“HBME”), moved,

or permitted to be moved, illegally several hundred million dollars through the U.S. financial system on behalf of banks located in Cuba, Iran, Libya, Sudan, and Burma, and persons listed as parties or jurisdictions sanctioned by OFAC in violation of U.S. economic sanctions in a manner that circumvented the system established by HBUS for ensuring compliance with the laws of the

United States, including the regulations issued by OFAC (31 C.F.R. Chapter V) (the “OFAC

Regulations”) Between 2006 and 2010, HBUS failed to maintain internal controls, staffing and

resources sufficient to adequately identify and mitigate the risks associated with high risk

transactions conducted through the bank’s foreign correspondent accounts, especially those relating to the bank’s Mexican affiliate. In this regard, HNAH failed to ensure that HBUS had an adequate process to identify high risk customers and countries that may be potentially associated with money-laundering or terrorist financing.

etc

https://www.federalreserve.gov/newsevents/pressreleases/files/enf20121211a2.pdf

from January 30th 2013

HSBC Names James Comey to The Board

Comey, a former deputy attorney general, is a senior research scholar at Columbia University Law School. During his time at the Justice Department, he was responsible for supervising the department's operations, and he chaired President George W. Bush's corporate fraud task force. Prior to that, he was a U.S. Attorney for the Southern District of New York, supervising the prosecution of executives on fraud charges, and he created a specialized unit to prosecute international drug cartels. He served from 2005 to 2010 as general counsel of Lockheed Martin Corp. , and more recently was general counsel of Bridgewater Associates LP.

Comey will join the Financial System Vulnerabilities Committee, a panel HSBC's board established Wednesday. Among its other members, the bank said, are Stuart Gulliver, HSBC's chief executive; Mark Moses, chief risk officer; Stuart Levey, chief legal officer; and Bob Werner, head of financial crime compliance.

https://www.wsj.com/articles/BL-CCB-7794

>>147684

>>147652

Only hiccups here, battle real. Tomorrow meets wif probate atty, think I'm in the clear, muh living trust, forgot we put this in wills. Financial advisor meeting. And tax assessor coming out too, looking forward to dis one, they'll see hundred percent legit. Muh exemptions and such, used to have to meet 4 out of 7, they switched it to 3.. I'm on all 7 like stink on a monkey.

>>147688

hopes all goes well

doesn't sound like fun yo

>>147686

dhey got a few quadrillion of book 'cookin' comin' over the next coupla years.

I wonder how many people even noes that comes after trillion

They did cut in the auctions earlier last month too >>144603 that they still call them auctions is still hilarious to me-even after all these years

What I wanna know is how even the apologists (and they make a great werd salad case-if you don't understand it) continue to try and make that case that they are doing QT (and as already mentioned they just habben to own that shit that matures cause they been doing it for almost 20 years-and longer if you look at the off-book crap tjhey did in te 90s starting withthe derivatives shit pile)-even if they "sell" what they claim is coming they just started up QE again and I've seen a few of the same peeps saying they doing it with the long-winded "mechanical" arguments-sure go ahead and 'splain this is put into this bucket and that goes from that bucket to dis bucket but at the end of the day they never stopped buying the MBS and are now set to relaunch it (QE) for Treasuries..officially..next week. They've done a handful of it (not much) only a coula million over the last few months too so they never really stopped that either

>>147688

yeah max that fugger out-never got the pre-pay shit either.

In the trading biz why you would part with werking capital before you needed to was always a mystery to me-but many do it still.

Good luck with that as long as they sign it and legit you can feel bettah

WHy it was always worth the "extra" omoney to have someone else do it-that signature is worth way moar than the $ it costs.

Yo membe rthat Husseins first Treasury Sec pulled the "i fuqed up muh taxes using turbo-tax and underpaid..so sorry"and he was the fuggen Pres of the NYFRB at the time!

Turbo-Tax Timmah!!

all conservasheep r nazı naow.

łкцнכ

оne thinks they will fold and go woke

to a man

>>147701

łкцнכ

it only seems cryptic to those lacking an certain degree of intelligence.

>>147703

such is the state of h.sapiens.

that it is induced makes the shit no less deep.

riiight

you keep blowing sunshine up yer ass and I'll keep existing in this place called reality-where real things occur not some make believe fantasy land of existence via statements of self-proclaimed ego

you might..just might...find that inflated self-worth means nothing in it.

But that is the problem with this reality now

ıcymı,

your reality ain't what it used to be.

as is the society that allows you such

freedom of the tongue...

well, font.

the civilisation that spawned said, also is dying.

your problem is, you think you have time.

you do not.

you will die screaming at things you can not even perceive.

hehheh

heedless they swam

into waters deep

where e'en dragons

feared to lave.

>>147709

>ıcymı-your reality ain't what it used to be.

I don't miss much

It's what I make of it also don't waste my time trying to define it for others

thanks fer the "lesson" chief your interpretation of my reality is the entertainment I needed this evening

Do you also do stand-up ?

kek

>>147706

Saluti.!.

you think lesson

one thinks perspective hunting

as one said

not too bright

sad

keep trusting past experience

and

>>147601

>>147603

#997

>>147611, >>147610 So, were all Paul Sperry posts removed? This was a dasting set

>>147612,>>147613 from June 8th 2021: Biden senior officials have family working for feds — despite president’s rule

>>147619 Recon Multi-Island Range: A U.S. Marine with @22nd_MEU fires at targets during a live-fire exercise. The 22nd MEU, under the command and control of Task Force 61/2, is on a scheduled deployment in the @USNavyEurope area of operations @USMC @USMarineCorps

>>147625 Reminder-Skadden, Arps, Slate, Meagher & Flom, another swamp mill

>>147631 Planefag:CONUS Activity-coupla good comms this morning-especially dis one: GAZPR42 KC-135 tanker (Steele dossier info provider Charles Dolan werked at Gazprom and was a Clintonista-unsealed Durham indictment last year and it's a tanker makes it all the better)-RHINO50 C-17 for the 50 RINOs re the ammo ban letter from June-SAM735 C-40B departing Miami after stop and inbound from Suriname earlier we habs a long absent C-32A up again today (#09-0015)-was yesterday too.

>>147635 Planefag:Europe-Med-Gulf area Activity: Turks are active today ALEV45returning to Ankara (not sure wut this is) with TUAF351 A400m NW from Karachi depart-back to Ankara TUAF338 C-130 NW from Ganja, Azerbaijan stop of about an hour, 2 Rivet Joints over eastern Romania JAKE12 and RAF RRR7272-Belgium AF BAF80 Falcon 7X returned to Brussels after about an hour at Solenzara AB, Corsica

>>147642 Active vs Total Existing Home Inventory

>>147645 Italian yield hits 4% as ECB rate hike bets batter bonds-The ECB is about the only ones buying these at this point while the NAS (Nvidia spillover) and the RUT down over 2% (Russel 2K) are getting hammered on this side 'o the pond

>>147646 Key U.S. dollar index hits 20-year high as data backs expectations for aggressive Fed-The US $ index is basically comparing shit with shit so this is not a surprise but we've also got the Yen over the 140 mark and that psychological barrier-told ya it wasn't done weeks ago

>>147649 BROLLY3 USAF E-3G Sentry gonna get a fill up off central CA from 57-2605 USAF KC-135 Stratotanker with 63-8025 a little further south trackin'

>>147660 Potato later on "5:00pm est delivers a primetime speech on the continued battle for the Soul of the Nation" and RINO AZ Gov. Ducey went to Taipei

>>147661 PF CONUS update: FORGE78 USA Army G5 back to JBA from Redstone Arsenal overnight and GASPR42 KC-135 tanker back to MacDill AFB-RHINO50 C-17 went back to Wright-Pat AFB and SAM735 arrived at JBA from it's Miami ground stop and Suriname departure

>>147662 Russian Oil Oligarch Who Criticized Ukraine War 'Falls' Out Of Hospital Window To His Death-he's been 4ehstal'd

>>147664, >>147665 Over 50 Biden Administration Employees, 12 US Agencies Involved in Social Media Censorship Push: Documents

>>147667, >>147668, >>147670 Elon Musk filed a new termination notice to back out of buying Twitter with "Exhibit Q," a doc referencing bombshell claims by Twitter’s former security chief accusing Twitter of "far-reaching misconduct" likely to have "severe consequences" for business.

>>147621, >>147671, >>147672, >>147674, >>147675, >>147677 Bank of America tests no-down-payment mortgages for Black, Latino homebuyers (and no mortgage insurance either-PMI)..surge in muh black/hispanic "cards" coming nao

>>147673 NASA Says It’s a ‘Go’ for Launch of Artemis Moon Rocket on Sept. 3 @:17min after the hour on same day as45rally in PA

>>147676 AF2 USAF C-32A returning to JBA from Raleigh-Durham Int'l and moar muh inflation and health care BS

>>147678 Mr and Mrs Potato empty callsign 747 departed JBA and already at Philadelphia Int'l Airport for muh primetime 'speech'

>>147681 New York Federal Reserve vaporizes moar FIAT dosh-Liquidity Swap with the European Central Bank: $196.5m

>>147684, >>147685 Federal Reserve Board announces termination of enforcement action with HSBC Holdings plc-no reason given-let us not ferget the Comey was placed on the BoD at HSBC AFTER this was implemented/announced

ima going..heat stayin...up early for some stuff afore coming in as it's too hot to wait fer that later

110d today (battery changed)

tap,tap

night

kek

you are too predictable kohai 7cd086

good luck

keep yer luck

qwi'loh

heh

meh for predictable.

that needs sauce.