Independent thinking for complex markets and current events
Immigration and Customs Enforcement (ICE) has reached 175,000 applications as the agency works to build up its staff to support President Donald Trump’s mass deportation agenda. ” I just got the numbers hot off the press earlier. It’s 175,000 Americans [who] have applied to join ICE,” Department of Homeland Security Assistant Secretary for Public Affairs …
A widespread social media scam involving fraudsters impersonating actor Johnny Depp has defrauded elderly Americans of millions of dollars, according to FTC complaints obtained through a Freedom of Information Act request. Gizmodo reports that the FTC has received 197 complaints nationwide detailing a sophisticated fraud scheme where scammers pose as Johnny Depp on social media …
FINRA charged Pershing LLC, a subsidiary of Bank of New York Mellon, for failing to report millions of fractional share trades from June 1997 to June 2023. Pershing agreed to pay a fine of $175,000 as part of the settlement. The violations included failing to report trades and not maintaining a proper supervisory system for these trades. …
https://t.co/kvZMAUwoM4 — AF Post (@AFpost) June 17, 2024
Over the last five years, the FTSE 100 is up 15%, compared to 85% for the S&P 500. Despite this, several top hedge funds own UK stocks – and have been buying them recently. One of the most prominent examples is run by Michael Burry. During the first three months of 2024, Scion Asset Management …