End of Ponzi Finance — Part 2
As shown below, and taken from this Tweet:
https://twitter.com/CouchPotatoSJW/status/1634528262230605826
…which was tucked inside of this Tweet from Genevieve Roch-Decter:
https://twitter.com/GRDecter/status/1635728684119195656
…tons more P-banks and brokerages are stuck with underwater positions in their “Held-to-Maturity” (translation: “Marked-to-Fantasy”) Thug and McMBS holdings
Carefully note which firms are sitting on the largest losses, and then correlate that with what has been happening to their stonk prices lately.
h/t Ras
not good and preludes bail-ins. F****s
Anyone know the original source of this data? What is the “as of” date? Have things gotten worse since then?