[START HERE] Next Friday, July 30th, at 4:15pm the Federal Reserve will be PUBLICLY releasing the total derivative exposure numbers of all the biggest domestic AND foreign banks AND their lending clients- INCLUDING Citadel! #MOASSGUARANTEE #amc #gme /A1
This is why we found Citadel Connect. The Federal Reserve is auditing the entire financial system thanks to the directive issued via Federal US Code Chapter 12, which was updated July 1, 2021. The ATS dark pool was also FOIA'd
youtube.com/watch?v=dOoPbj…
How was the 2008 crash caused? Because of out of control derivatives. This report is an annual report that banks can easily lie about. Now it must be a daily average reported every quarter. Here’s JP Morgan with OVER $40 TRILLION in derivatives exposure TWO YEARS AGO. /A3
Don't take my word for it. Here is the source directly from
FFIEC.gov
ffiec.gov/npw/FinancialR…
www2.deloitte.com/us/en/pages/re…
So why does this matter? Well the changes to USC Ch. 12...Part 249 (see @Charlie1337420's pinned tweet) established a risk framework for all financial institutions with over $100 billion in total assets. If their FR Y-15 report comes up showing a lot of risk... /A5
...Then the Federal Reserve Board reserves the authority to FORCE them to "re-capitalize" their balance sheet. Meaning all of their risky assets must be sold off until they fall within a certain framework for four consecutive quarters (just like WF).
ecfr.federalregister.gov/compare/2021-0…
I understand that many of you will be skeptical. But as probably one of the only retail traders to actually read the US federal code changes- I challenge you to prove me wrong. The legal-speak in the code says this report is our Endgame and dare I say, #MOASSGUARANTEE /A7
There is so much more that retail needs to learn outside of the #shortsqueeze saga to see that payday is right around the corner. We are T-minus 1 week from the collapse of the financial system and I can prove it. My money is where my mouth is, I'm all in on #amc #gme #crash /A8
Once the Fed sees the numbers, they have given themselves authority to take IMMEDIATE action on any bank that doesn't have the proper 1) funding for their assets or 2) collateral for their liabilities -- simply put as "UNDERCAPITALIZED" § 249.2 (b)
ecfr.federalregister.gov/compare/2021-0…
And the final kicker. Once numbers are in, the Fed shall immediately exercise Section 38 of the FDI Act, aka PROMPT CORRECTIVE ACTION. Essentially the FDIC will oversee your bank's sell-off. And if you refuse, they will do it for you.
fdic.gov/regulations/ex…
Just like the disinformation campaigns against #amc #gme, media is saying Monday's sell off was from Delta variant uncertainty. The reality is the rich are selling off to jump ship before FR Y-15 releases next week. /A11
Check out the form for yourself. What the Fed is asking institutions to report is groundbreaking and now based on daily averages, not quarterly reports. These numbers will never show up on earnings calls.
federalreserve.gov/reportforms/fo…
Let's take a quick moment to address the skeptics. Imagine you're Goldman Sachs. You know this report is about to come out in two weeks. This is classic prisoner's dilemma- since ALL institutions are reporting- why wait around and attempt an appeal?
youtube.com/watch?v=Bl3PpS…
I would like to take a moment to shoutout @Charlie1337420 and @TheWouston. Charlie originally found the changes to Chapter 12 but did not point out FR Y-15. Houston was an amazing resource for learning how the markets (and the world) works.
FR Y-15 is NOT a new form. The US code changes to Chapter 12 change reporting from quarterly numbers reported annually to DAILY AVERAGES, REPORTED QUARTERLY. Check out 2019's numbers and see how many HUNDREDS OF TRILLIONS banks are playing with!
ffiec.gov/npw/StaticData…
Mark my words, August 2nd will be Black Monday. My money is where my mouth is. Every dollar I own is in #amc #gme or #hyg. I've maxed out my credit. I have been unemployed since 2019. If I haven't paid off my wife's house/car/cc/student loans by Aug 31, I get pegged on OF. /A16
Do not trust JPOW's opinion on inflation. He is not tapering because he is waiting for this report. Do not trust the finance-media saying institutions bought the dip on SPY this week. They are exiting markets through dark pools and pumping the price for next week's fire sale /A17
Please help spread this info far and wide. Twitter, YouTube, Reddit, Discord. The #amc #gme community needs to know this information. I have several more threads that help prove my thesis, I will be continuing to release them over the weekend (expect thread B later today). /A18
