interesting articles and shit

[NoReturn]

Reviving a dead thread because this is interesting and kinda scary


View attachment 5070004

Summed up through the Michael Burry tracker

I WARNED YOU ABOUT BOOMERS BRO!
I TOLD YOU, DOG!

‘The hell that they put me through’: Nursing homes suing caregivers for debts they don’t owe, regulator says

It's coming guys. Listen to me!

 

[Small G genocide]

Is it worth making a thread on countries dropping the US dollar for international trade? I have an OP typed up but if anyone who regularly frequents the bidness could give it a once over and make sure its in line with the high standards of this sub forum that would be really appreciated.
The alternative would be to post links to news articles of dedollarisation in this thread, but that doesn't seem to be its function.

 

[NoReturn]

Is it worth making a thread on countries dropping the US dollar for international trade? I have an OP typed up but if anyone who regularly frequents the bidness could give it a once over and make sure its in line with the high standards of this sub forum that would be really appreciated.
The alternative would be to post links to news articles of dedollarisation in this thread, but that doesn't seem to be its function.

Maybe put it in Happenings?

 

[CaptainRockall]

https://news.bitcoin.com/another-us-bank-collapses-heartland-tri-state-bank-closed-by-regulator/

Heartland Tri State goes kaput.

 

[DSP's Tax Lawyer]

https://news.bitcoin.com/another-us-bank-collapses-heartland-tri-state-bank-closed-by-regulator/

Heartland Tri State goes kaput.

Said there was a singular isolated incident that led to the failure. Should be interesting to see what that was. But with only 139 million in bank assets, it wasn't that big of a bank. Shame to see it go though

 

[libRT]

https://en.bitcoinsistemi.com/breaking-twitter-x-allegedly-seeks-to-launch-an-exchange-inside-the-app/

Wouldn't be surprised if twitter started allowing subscriptions to be paid in ecoin

Then again...

https://cointelegraph.com/news/agence-france-presse-sues-elon-musk-and-x-twitter-over-compensation-for-news

 

[CaptainRockall]

https://www.msn.com/en-gb/news/uknews/wilko-closures-full-list-of-stores-at-risk-as-firm-files-for-administration/ar-AA1eMSJY?ocid=msedgdhp&pc=U531&cvid=24707a5e287d4b6c8e0d4186541aa52b&ei=48

Wilko's files for administration.

 

[CaptainRockall]

Following a string of Data Leaks, Capita is going to tank: https://www.msn.com/en-gb/money/oth...1&cvid=a18ad61f3293453caaf2107f2473dc7b&ei=36

A;so. Julien Macdonald's business goes tits up: https://www.walesonline.co.uk/news/wales-news/welsh-fashion-designers-firm-goes-27458615

 

[CaptainRockall]

https://www.msn.com/en-gb/money/companies/the-co-operative-bank-approached-with-3-5bn-merger-offer/ar-AA1eP8mb?ocid=msedgdhp&pc=U531&cvid=72b01f1b878842238ad8b1c98c4385b3&ei=77

Possible good news for Co-Op Bankers as Shawbrook Group deal could be on.

 

[CaptainRockall]

Also Co-Op related - they've bought out Sainsbury's Bank:

https://www.msn.com/en-gb/money/companies/the-co-operative-bank-buys-sainsbury-s-bank-s-479m-mortgage-portfolio/ar-AA1f8SIi?ocid=msedgdhp&pc=U531&cvid=5677f1f7676942519008304835274a43&ei=68

 

[CaptainRockall]

https://www.msn.com/en-gb/cars/news/natwest-and-rbs-to-close-142-bank-branches-in-2023-24-full-list-of-closures/ar-AA1faxj6?ocid=msedgdhp&pc=U531&cvid=27c3537316d941f5966cbe867f79136f&ei=21

Not surprised by this news - Northern Rock all over again.

Let both go to the wall, no sympathy for them for what they've done to Farage and others.

 

[CaptainRockall]

https://www.msn.com/en-gb/money/other/exclusive-softbank-in-talks-to-buy-vision-fund-s-25-stake-in-arm-sources/ar-AA1fdR7m?ocid=msedgdhp&pc=U531&cvid=e7d3cf9f1d194551e24ac8ca0a010a47&ei=37

SoftBank in talks to buy Vision Fund's 25% stake in Arm.

 

[CaptainRockall]

https://www.bbc.com/news/business-66505088

UBS to pay $1.4bn in order to settle fraud claims from the 2008 Banking Crisis.

 

[CaptainRockall]

https://www.msn.com/en-gb/money/other/yougov-threatens-to-quit-london-for-new-york-as-city-exodus-grows/ar-AA1fgtmp?ocid=msedgntp&cvid=d7d6358d1bc048f38d13bdf0c8c9be37&ei=53

YouGov, CVC Capital Partners and more planning on leaving the London Business Market?

 

[CaptainRockall]

https://www.msn.com/en-gb/money/other/put-up-posters-about-your-poor-customer-satisfaction-natwest-told/ar-AA1fiHyn?ocid=msedgntp&cvid=c13717b10e634832ae82fb9daac3a5b8&ei=36

NatWest told to display posters about poor customer satisfaction.

 

[CaptainRockall]

https://www.msn.com/en-gb/money/topstories/china-is-becoming-more-trouble-than-it-s-worth-for-us-investment-banks/ar-AA1fhwU5?ocid=msedgntp&cvid=a0b3bbcb7f3d4368850b1c7f98206434&ei=32

China becoming too problematic for US Investment Banks?

 

[CaptainRockall]

https://www.msn.com/en-gb/money/other/nationwide-has-frozen-my-bank-account-for-being-too-charitable/ar-AA1fnATZ?ocid=msedgntp&cvid=95679258f33846fd9bc15f523c5deffc&ei=11

Nationwide joins the list of 'Shitty Cancelling Banks'.

 

[NoReturn]

(Thanks for keeping the thread alive, @CaptainRockall)

 

[CaptainRockall]

(Thanks for keeping the thread alive, @CaptainRockall)

You're welcome - happy to help!

 

[CaptainRockall]

https://www.msn.com/en-gb/money/other/citigroup-boss-considering-break-up-of-bank-s-biggest-division/ar-AA1fzbDK?ocid=msedgntp&cvid=cb8024a53b3e4d1aa06dbe4081db3b67&ei=35

Citigroup breaking up?