FPL Dave

$GME Want the breakdown of this insane corrupt system? Noone is really giving it but here’s my interpretation. *Credit Suisse was heavily involved in total return swaps, and they were exposed during the Archegos collapse — many suspect some of those positions included GME and other meme stocks. * those swaps are now part of the transferred positions to UBS, * Normally, if you transfer swaps between entities, they would trigger compliance with current rules (like margin posting or clearing through a clearinghouse). * If the GME swaps were uncleared, and the rules would have normally forced UBS to post collateral or unwind them during transfer * Many GME watchers were anticipating a spike in buying around April 20, 2025, expecting swaps expiring to be closed or rolled, possibly requiring shorts to cover. 🚨 the CFTC is now waiving that requirement.🚨 * This No-Action Letter from the CFTC essentially gives regulatory forgiveness for the legacy swaps being transferred from Credit Suisse to UBS during the merger. * UBS can keep those swaps alive without margin calls, clearinghouse scrutiny, or triggering close-outs. * UBS may not be forced to cover anything. The swaps can just sit — off balance sheet, unreported, uncleared — indefinitely. * This essentially gives systemic players (like UBS) the ability to delay reckoning on hidden short exposure. Retail expected a reset — instead, this ruling lets the can be kicked further down the road. @DOGE @realDonaldTrump @DOGE_SEC @RobertKennedyJr @JDVance IF YOU AREN’T RETWEETING THIS YOU LITERALLY DON’T CARE ABOUT HAVING YOUR MONEY STOLEN. @ryancohen @TheRoaringKitty @CEOAdam #AMC #GME @gamestop @greg16676935420