The Investment Thread
This just grinds my gears. Venting at the dynamics and not your post.
The Fed reserve is not actually a government entity. And they willingly play hot potato with big banks and hedge funds. This reverse repo thing is insane. Someone about to be margin called? Let’s cook the books each morning.
The DTCC just about govern themselves. The board members of the DTCC are comprised of the same individuals that continue to dig a deeper hole when the actual Govt is trying to contain this.
DTC 2021-005 was removed for “reformatting” months ago. This puts an end to kicking the FTDs further down the road. Essentially it stops the continued naked shorting.
One of the executives of Citadel Securities is on the board. Isn’t that a big conflict of interest??