Brendan Forde

Gather round folks, because just when you thought Masa Son would not catalyze the bursting of the next bubble... well, read for yourselves SoftBank bought 87 million Intel shares for $2 billion last year. By the end of March the stake was worth $3.8 billion, and by the end of September $10.5 billion, good for a ¥1.06 trillion gain in the first half. Instead of selling, in August SoftBank did something much more, well, SoftBank: it raised $7.35 billion through prepaid forward contracts on its entire Intel stake, structured as collars with a floor and a cap. In English, it borrowed more than three times what it paid for the stock, pledged every share, and sold away the upside above the cap to pay for the downside protection. What happened next? Intel shares kept climbing after the ink dried, which means the capped contracts moved against SoftBank, to the tune of a ¥322 billion ($2 billion) derivative loss in less than two months. And because Intel still finished the September quarter below where it started, SoftBank also booked a ¥270 billion valuation loss on the shares themselves. So in a single quarter Masa managed to lose money on the stock and on the hedge. That takes sheer talent. The fine print is even better: of the ¥1.65 trillion of Intel shares pledged, the banks have "rights of use" over ¥1.1 trillion, meaning they are free to lend out or otherwise use SoftBank's collateral.

SoftBank is defaulting on their turbine orders

The EU has allocated €4,360,000,000 to Ukraine.

Let's be precise about what the Epstein network actually was. Not a "sex scandal." Not a tabloid story about a weird billionaire and his famous friends. Not a trafficking case in the sanitized, clinical language that makes it sound like a logistics problem. It was a blackmail infrastructure for the ruling class. Epstein didn't accumulate powerful men by accident. He accumulated them by design. The private island. The private jet logs. The hidden cameras. The underage girls. This was an intelligence operation. A systematic, decades-long project to compromise the people who run governments, banks, media companies, universities, and courts. And when he was arrested the second time, when it was finally impossible to make it disappear: He died in federal custody. Suicide, they said. In a cell where the cameras malfunctioned. With guards who had both fallen asleep. After his previous suicide attempt had already put him on watch status. The medical examiner hired by his brother found evidence consistent with homicide. The official medical examiner ruled it suicide. And the name list, the full, unredacted list of everyone Epstein brought to that island and those houses and those parties, remains sealed. Protected by the same judicial system that is supposed to protect you. This is not a conspiracy theory. The documents, the flight logs, the depositions, the testimony, all of it is real, much of it is public, and what it shows is a power structure that protects itself from accountability at every level. The people on that list run your country. They run your media. They run your courts. They are still running everything. And they will call you a "conspiracy theorist" for noticing.

BREAKING: A mystery seller is trying to dump about $500 million in data center loans all at once, per Bloomberg, days after the midterms raised doubts about many projects. The anonymous seller is auctioning a dozen loans, including a $25 million piece of financing for a huge Stargate site in New Mexico, the joint project of OpenAI, SoftBank and Oracle. Oracle has already sent that site’s developer a force majeure notice, a legal claim that events beyond its control may excuse it from its obligations.

Gaza Holocaust over means what for zionism? Talarico supports Bitcoin as money, not as digital gold or as digital credit. Does anyone realize what this result means? Big Bitcoin's greatest problem this AM?  Sen. Elizabeth Warren appears poised to chair Senate Banking after Democrats won Congress.  It’s very ironic that in the last election crypto PAC money unseated Sherrod Brown, and then they could not get DJT zionistic friends in the GOP to pass Clarity. Brown, used to be chair of the Senate Banking Committee and his last loss partd the Red Sea for Elizabeth Warren to head it up now and wash Jamie Dimon's shoes for the last few years in fighting Coinbase. … but now Brown was reelected last night in Ohio for a Senate seat, so crypto now has an worse enemy in this pivotal chair role and Brown is back anyway. Big Bitcoin is telling things are OK this morning.  That is the biggest line of bullshit out there and I am sure Brunell & Joe Nakamoto, and Bitcoin Chris of Ocean mining will carry that narrative on X for the digital gold Tard Army.   Mind you, coinbase crypto money never got the  Clarity Act passed when the GOP had Israel AIPAC Congress because DJT family office rug pulled most of the crypto bro's at their own shitcoin game.  Hilarious turn of events I predicted.  Massie's loss was the signal this ass kicking was incoming. The CIA/Isreal murders JFK. The Bankers and Big Oil help fund it The Warren Commission absolves the CIA. Banker John McCloy sat On Commission. They Let Isreal kill American Sailor on USS Liberty Nixon knows the CIA murdered JFK. 4 of the 5 Watergate burglars work for the CIA. The CIA frames Nixon for Watergate. Ford is chosen as Nixon's replacement. Ford was on the Warren Commission. Bush enlist Isreal zionists to kill over 3500 Americans on 9/11/01 Bush Family Cartel runs 3 more Wars for Isreal Circle of criminality in Washington DC remains intact Massie's loss predicts zionism is in trouble now..... They (Treasury) will try to steal your Bitcoin given all the above history. AI cyberattack like Paraguay will be the Psy-ops Thiel & Karp's zionist plan set up perfectly now with Dems in control and can do little to stop it Don't Forget my warning. Big Bitcoin the same enemy tied to the banking families. Fabianism squared. I warned you in Prague it was coming. Now it's here. Reap what you sow Living in the USA is going to like the Bolshevik Revolution vacation in 2027 for many. Enjoy! @EmeraldRobinson

I wonder who will win the US Elections. Red or Blue?

Who is Zelensky? For 7 years, Volodymyr Zelensky has been the wests darling, a khaki clad symbol of defiance, pleading for billions in aid and NATO’s embrace amid Ukraine’s self inflicted war. To many well meaning, but willfully ignorant Americans and Europeans , he’s a hero battling overwhelming odds. But behind the curated image lies a far uglier truth, a stooge comedian turned president, propped up by a criminal oligarch, surrounded by cronies, and presiding over a regime of corruption, repression, and broken promises. An actor playing a role he’s woefully unfit for. As Ukraine spirals deeper into chaos and its brutally harvested conscript army dwindles, it's important that decent Americans and Europeans understand who and what this man really represents. Let's start with Kvartal 95, The Oligarch’s Launchpad, Zelensky’s story starts not in politics but comedy. Born in 1978 in Kryvyi Rih, he co-founded Studio Kvartal 95 in the 1990s with a group of friends that had hit it big by the 2000s, ironically their big breaks were made in Russia, performing in Russian and focusing on Russian and Ukrainian political and cultural life. The key to all this success? Ihor Kolomoisky, a billionaire ukrainian oligarch with a laundry list of crimes, including fraud, money laundering, and brutal violence. Kolomoisky then owned 1+1, the TV network that handed Zelenskys Kvartal 95 a national platform starting in 2012. He didn’t just offer airtime. He bankrolled Zelensky with cash, security, and legal and criminal muscle. This wasn’t mentorship. It was a transaction. Kolomoisky, later sanctioned by the U.S. for “significant corruption,” saw Zelensky as a pawn in his game. By 2019, when Zelensky ran for president, Kolomoisky’s DNA was all over the campaign providing vehicles, lawyers, bodyguards, and a media blitz. Zelensky was never an outsider; he was a "made man" This is where it gets almost unbelievably bizzare. In 2015, Zelensky starred in "Servant of the People," a hit satire aired on Kolomoisky’s 1+1 channel, where he played a teacher turned president railing against corruption. Ukrainians, tired of the endemic corruption in the post Soviet state, lapped it up. Then, in 2018, his Kvartal 95 crew decided to turn fiction into reality, registering a political party called, you guessed it, "Servant of the People." It had absolutely no manifesto, no policies, and no plan of action, just a TV title and Zelensky’s face. Running in 2019, Zelensky promised to end corruption and the Donbas civil war, which had erupted after the CIA backed Maidan Coup, winning in a landslide thanks to Kolomoisky’s media machine. An actor who played a president on TV was now remarkably in the real job. Zelensky didn’t waste any time handing power to his showbiz pals. Ivan Bakanov, a Kvartal 95 co-founder, became head of the SBU security service with no experience. Serhiy Shefir, another comedy crony, took a top aide role, no experience. And then there’s Andriy Yermak, a now disgraced former film producer turned Zelensky’s right-hand man, who headed the Presidential Office, dubbed Ukraine’s “shadow president.” Yermak, physically and intellectualy towered over Zelensky, controled policy and access, a fixer running the show while the president flounders. These weren’t appointments based on merit. They were placements, a Kvartal 95 clique utterly unfit for a grossly dysfunctional war-torn nation. Zelensky’s laughable anti-corruption pledge met reality in 2021 with the Pandora Papers. The leak revealed he and his inner circle,including Bakanov, were funnelling cash to Kolomoisky with Zelensky stashing millions offshore. Zelensky swore to end corruption and the Donbas war. Instead, he’s delivered more of both, a million plus lie Dead, the free Media crushed, billions stolen, languages and religion banned. This criminal is no hero. No Churchill. And no friend of Europecor America. He should be treated accordingly.

"Behind the absurd outfits, garish bling, imbecilic interactions and Caribbean-cockney slang of Sacha Baron Cohen’s “Ali G: Who Iz I?” lies an unsettling indictment of how extreme the extremists have become on both ends of the spectrum since the last Ali G film in 2002." My exclusive review of @SachaBaronCohen’s spectacular "Ali G: Who Iz I?” out in today’s @nypost. Despite an intense campaign to boycott his new movie, you can stream it now on Amazon Prime.

RIP @juanatkins. ra.co/news/86327

Does Chainalysis have significant connections to Israel, @grok Investigate its ownership, investors, acquisitions, Israeli operations, links to Unit 8200, former military intelligence personnel, and relationships with Israeli government, military and intelligence agencies. Distinguish documented facts from speculation, cite primary sources, and assess the nature and extent of these connections.