
toised
u/toised

(I wrote this as a comment on another sub but felt it deserves its own post.)
I feel that the in lieu cash option is definitely on the table because there will be a torrent of lawsuits against the brokers if they do not pay a dividend at all, and the brokers would be exposing themselves a lot if they just added more fake shares to everyone’s account. The rules are extremely complicated, and the responsibilities are spread across different firms within the DTCC and outside, so it is not even possible to say at this point how legal in lieu cash would be, and while this would certainly go to court as well, I would say that the chances of them winning this are higher than if they just refuse to
Is real estate in the Metaverse really such a bad idea? (article)
theconversation.com/real-estate-in-the-metave...


For context: it is mostly the foreign USD junk bond investors that are on the hook for Evergrande (podcast, 10 mins).
wolfstreet.com/2021/09/12/the-wolf-street-rep...I commented this in another place and a few people asked to make a proper post of it, so here goes.
Hypothesis: the consensus of ‘setting a limit a bit below market price when selling on the way down’ does not seem to make sense if the premise is that apes own the float, or even multiple times over. If apes own the float, apes set the price, and there wouldn’t even BE a ‘way down’ for a long time if everybody would refuse to sell lower than the last done price. On the other side, if everyone sets the price ‘a bit lower’ than the one before, as has been recommended earlier, this can bring the price down fast, and even into a territory where the margin calls stop.
I think it would make way m



