Today I Want to talk about how it seems like some banks have run out of cash, We've had more and more hedge funds collapsing, and the Dtcc has just posted a notification demanding that institutions let them know immediately of reportable events. So stay tuned and let's make some money. And now I dve straight in with the key information. So just Dario tweeted saying today, the Dtcc put out a weird notice to remind members they have one business day to declare a reportable event.

Now this came after their notice yesterday from the Dtcc of B&P Peras failing to pay interest on their bonds. This isn't just some random Chinese bank or Chinese property developer. this is BNP Peras one of the largest European Banks As just Dario tweeted he said another weird one from the Dtcc Dbnp, the underwriter of this Municipal Bond not have the cash to pay in time at month end. You can see here this notices that part participants are advised that NCC through its agent has received notification from the underwriter that the following Qip on the above mentioned issue originally scheduled for a payout date on the 31st of October has been postponed NC on this occasion will not take any action on the postponement.

but please adjust your ACR interest balances to this specific amount and specific day. So it seems B&P Peras did not have the cash to make that interest pay on the 31st of October and had to wait until they got more cash through the door. And as a result they've had to specifically remind members that all banks and institutions have just one business day to declare a reportable event. and they've included a specific passage that says for the avoidance of any doubt, this will require sponsoring members to report to the Ficc any significant change or deterioration in the financial or operational condition condition of any of its sponsored members.

Clearly, B&P Pbass had a significant change or deterioration in their Financial Health and maybe they did let the Ficc know in that one day, but maybe they forgot. either way, whether they told them or didn't tell them, if B&P Peras are facing significant financial difficulties, that's a massive cause for concern. It seems these banks are struggling to meet their liquidity needs and therefore struggling to meet margin requirements. And this is interesting because that notice came just one day after this headline that says HSBC and BMP Perias May face criminal charges over short selling.

Now this is specifically in Korea, but it seems that even BMP Peras are illegally short selling stocks. It says HSBC and BMP Peras May face criminal charges in Korea for the naked Short Selling they allegedly conducted in the country as FSS which I guess is the Korean Regulators seeks to impose the heaviest penalty possible and the Financial Supervisory Service said criminal punishment seems possible and apparently even the FSS will even be able to pull in employees from abroad for punishment. It says Hong Kong based units of two Global investment Banks conducted naked Short Selling insecurities between 2021 and 2022. So this article is telling us that one even Banks like BMP Peras still commit naked Short Selling and number two, that crime didn't happen 20, 30, 40, 50 or 60 years ago.

it happened last year in 2021 and 2022. and also that BMP Perie Bass are actually struggling to make interest payments now I Also wanted to quickly recap today's spy options trade in the Millionaire Mindset Trading Group We can see the S&P 500 was on track to break the pre-market high and push upwards. I actually jumped into this trade early because I saw the 1348 moving average also Crossing upward on strong volume I alerted this in the Trading Group at not 932 or 933 when that resistance broke I alerted back at 931 when the 1348 crossed upwards and the S&P 500 continued to run higher. Looking at the specific option, we can see that it ran from a low of 72 up to a high of $126 for a whopping 75% gain.

And guys, if you want to be making 75% gains day in and day out, be sure to join the Millionaire Mindset Trading Group Linked In The description below and on top of that, Planet of the Apes has also added saying there's loads of great headlines coming out lately, such as a former credit s Banker who's personally fired for bankruptcy. On top of that, you've obviously got got HSBC and BMP Peras facing criminal charges over Short Selling You've also got that Canadian hedge fund that was suspended by the USC after taking on significant losses and significant Ftds where their portfolio manager sadly passed away and also OD day Asset Management Shutting down in just the last few days, we've seen some killer headlines over short Sellers and I for one. hope these headlines continue and not only continue, but work their way up the chain to more significant and Renown short sellers like Sad Securities and Biotech. Moose has also updated the short selling Wall of Shame with OD day Asset Management.

You can see this wall is now full of those hedge funds that have gone bankrupt or have lost significant portions of their hedge fund as a result of short selling stocks like AMC and GameStop. We've got Tiger, Global we've got 3ac, we've got Highborn Asset Management we've got Madrid Capital we've got Anchorage Melvin Aragos Graul Asia Credit S and now OD day Asset Management Who is going to be next up on this? Wall of Shame Is it going to be Citadel or other smaller fries going to fall first? and more importantly, will BoTech Moose actually have to make this wall even bigger to fit on more and more hedge funds. And as usual, the paid off mainstream media is still trying to put out more and more fud articles. Check out this one comparing AMC to Cinemar Holdings They posted one article saying that Cinear Holdings has had an excellent third quarter at the box office and their earnings are expected to grow.

But somehow that excellent third quarter at the box office means negative earnings for AMC I for one, didn't know that having a killer third quarter could be good for some companies, but yet bad for other companies. I think this is is just typical fud from the mainstream media and I think that AMC once again is going to beat their earnings estimates. this I think would be like the seventh e8th or ninth earnings beat in a row, which is obviously brilliant. Framec now may have also seen the new lawsuit against AMC suggesting the board of Directors breach their fiduciary duties.

So Nate tweeted saying if somebody used my company named create hundreds of billions in fake money and fake Securities I'd be madder than mad and he thinks it's Adam Aaron's fault that he didn't stop these crypto platforms. As this post shows, Bitrex had 625 million supposedly one for one backed tokenized AMC shares FTX also had 400 million on top of that City Bank had Brazilian bdrs up to the tune of 512 million and there was dozens more UK holding companies with weird AMC related names suggesting that even just between these three entities, the float was at least sold three times over. I replied to Nate saying I agree it's bad these crypto companies were committing fraud but what exactly is Adam Aaron going to do write Bitrex or FTX a nice friendly letter saying please stop committing Securities fraud or I'll tell the SEC or one better maybe Adam Aaron Could have gone directly to the SEC and Finra to ask them for help, which he specifically did two or three times, but obviously we know the SEC and Finra are also corrupt. Let's not forget: Adam Aaron doesn't control the stock market.

He doesn't control the crypto markets He doesn't control Citadel He doesn't control the Fed and he doesn't control President Biden or Gary Gendler the best Adam Aaron Can Do Is Write A strongly worded letter to FDX and Bitrex or to the SEC in Finra, which he did, but by now we know the SEC don't ever do anything on I Personally think the board of directors did their fiduciary duties to improve AMC as a company, which is proved in AMC's revenues and profits. What Adam Aaron can't do is control President Biden or Citadel or the stock market and make AMC whatever price he wants. Let's remember that Adam Aon is just a CEO he's not the president and he's not Superman and he can't control the price of the stock market. But guys, be sure to let me know what you think down in the comments below.

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