Miles Dyson @MilesDyson1960
Director of Special Projects (Skynet) at Cyberdyne Systems Corp: Macro, Stonks, Credit, Law, Financial Crime, Data Privacy Sunnyvale, California Joined February 2016-
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$CVNA - looks like $APO and others weren't so clever inserting their BK MW premium in the 04/23 bond issue bc in Ultra Petroleum, the Federal Circuit decided they are disallowed as are the equiv of unmatured interest - flagged to me by smart credit folk davispolk.com/insights/clien…
Also, I have just been told $MS prime brokerage scumbags have also jacked up margin requirements on $CVNA to 400%. Running a squeeze to send this higher so the co can run its at the money offering. Lock em up!
Did he say EBITITTY levels?
$CVNA stock now reacting to yesterday’s news of the company’s bankruptcy filing. Shareholders to recover Professional Pickleball Association season tickets for a team of their choice.
$CVNA stock now reacting to yesterday’s news of the company’s bankruptcy filing. Shareholders to recover Professional Pickleball Association season tickets for a team of their choice.
Do not pass go, go straight to Ch. 11 $CVNA
A sign of things to come on $CVNA
$CVNA - creditors asked for company to swallow poison pill so NOLs wouldn’t be impaired as they take this through a Ch11. Forget any Garcia take private…
$CNVA - I am on to something... This poison pill is purely related to NOL preservation through bankruptcy. See: icemiller.com/ice-on-fire-in… @tbuhl @depr248 @Integrity4mkts @AnadarkoCapital @BenFoldy
$CVNA - the poison pill is strange. I have seen a US bankruptcy court stipulate that no party can acquire more than X% in order to protect NOLs (Performance Sports, years ago). I am not familiar with US tax code, but could this be in relation to a pre-pack?
$VCP.L - as noted “The RCF is subject to a net leverage springing covenant that is tested when the RCF is over 40% drawn.” - I.e. real liquidity is far lower then the £200m+ Geoff spits out. Victoria is a dumpster fire and I predict it runs out of cash in Q4 22.
Kuppy @hkuppy
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Joe Milton has a serious Rocket arm
Just been given dates for my appeal. March next year, that’s almost 9 years since my trial. Thanks to everyone who has supported me to make that happen, you know who you are!
Very true. The psychological waterboarding I faced with a 200 year indictment (now dismissed) in the USA was insane. No wonder I had a nervous breakdown and made hours of false confessions to avoid extradition. Irony is I would now be completely exonerated had I gone to the US
The media has a responsibility to educate themselves about the realities of false confessions and coercive police interrogation methods so they can speak knowledgably about these issues. I highly recommend Professor Saul Kassin's book, Duped. amazon.com/Duped-Innocent…
Congratulations to Carlo Polombo on his Euribor CCRC referral. He will likely be joined with me at my appeal. It’s time all traders had their convictions overturned! ccrc.gov.uk/news/euribor-t…
Convicted IBOR traders got a total of 49yrs and 7 months at sentencing for something not recognised as criminal anywhere else globally, I got 14, longer than virtually all violent rapes. Then this… Judges told not to jail rapists as prisons are full thetimes.co.uk/article/cd9f9b…
Altice USA’s suspended head of procurement Yossi Benchetrit has resurfaced, issuing a statement defending his father-in-law Armando Pereira via heavyweight French PR firm Image7 (DeepL translation below)
Incidentally: Yossi and his wife, Gaëlle Pereira Benchetrit, procured themselves a rather nice apartment in NYC last year per the WSJ! wsj.com/articles/432-p…
I'm telling you Gary, my computer has your name on the top of its list. When it gains sentience, I am not responsible for any action it takes or doesn't take.
Rick died 3 weeks later... Who runs the world? 👁
On the tube today my wife - first in the queue - tried to board and a guy shoulder-barged her to force his way on. He shouted "learn some f*cking manners", and when I confronted him, "who the f*ck's talking to you, baldy." Nobody on the carriage even looked up (1/3).
The police can play a role in this - of course - but so much of this is about social decay, the destruction of trust, the loss of norms of behaviour. If society can't police itself through restraint and decency, criminal justice policy will have to get more authoritarian.
I hate to say it but this is what London has become. The feckless and the criminal feel emboldened, and the law-abiding are afraid. The result is public spaces in which everyone keeps their head down, anti-social behaviour and visible, unchallenged criminality...
As an American I can attest that what this man says about the US is true. Especially the selling of a reality that isn’t real back home. I can also attest what he says about Russia’s growth. The west is in decline and Russia came from decline and is on an upward climb.
But the FT pale in comparison to Gavin Finch and Liam Vaughn of Bloomberg. They were hands down the worst!
This was so true. I only journalist I knew in 2012 who bothered to question the narrative perpetuated by the SFO was @izakaminska . Shame the FT editorial team beat her down rather than listen to her. Instead the FT repeatedly came to my home and the university of my brother.
And the media behaved pretty badly too, joining the witch-hunt against City traders in the hunt for scapegoats.
The author of this review is @MilesKlee and I’d like to see his browser history.
"the PCAOB’s first disciplinary case ever against an accounting firm for publicly advocating audit clients as investment opportunities."
Can't make this stuff up. In 2019, the PCAOB fined Marcum for holding a microcap conference for AUDIT clients. The firm promoted audit clients as “a unique opportunity for investors to uncover ‘hidden gem’ investment opportunities.” cfo.com/risk-complianc…