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FOHF @fohf.bsky.social · 1h

There’s a non-zero risk this man ends up with undue control over the US presidency.

scrambled egg globalist @matthewraskob.bsky.social · 18h

Pope Benedict XVI “overdosed on red pills”?
Peter, what the fuck are you talking about.

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FOHF @fohf.bsky.social · 9h

If you are being over-compensated for complexity the chances are you are underestimating the complexity.

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FOHF @fohf.bsky.social · 9h

Anyway, the beauty of ChatGPT is that it should be much easier to create imaginary invoices. Fun.

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FOHF @fohf.bsky.social · 9h

And just imagine if you were the trustee on a vehicle where it turned out the assets weren’t…

www.reuters.com/article/ge-p...

www.reuters.com

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FOHF @fohf.bsky.social · 10h

For fans of factoring fraud and other off balance sheet financing shenanigans, here’s a history lesson on Petters.

www.forbes.com/forbes/2008/...

A Plague on All Their Houses

Some hedge funds were taken for a $3 billion ride. Could they possibly be as witless as they claim to be?

www.forbes.com

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Reposted by FOHF

Houmous Addict @christerak.bsky.social · 1d

LECORNU PLUTOT DEUXCORNU PAS VRAI LA TEAM.

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FOHF @fohf.bsky.social · 1d

Cheer up, you’re not even a year into the term yet.

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FOHF @fohf.bsky.social · 1d

Tbf someone must have voted for him.

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FOHF @fohf.bsky.social · 1d

Dude.

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FOHF @fohf.bsky.social · 1d

I mean I did tell you this morning.

FOHF @fohf.bsky.social · 1d

Top is in, lads.

Bloomberg News @bloomberg.com · 1d

Exclusive: SoftBank is seeking a $5 billion loan, backed by Arm shares, from global banks as founder Masayoshi Son ramps up AI bets

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FOHF @fohf.bsky.social · 1d

Professional finjourno handbags is my favourite

a man in a suit and tie is holding a blue purse in front of a colorful background .

ALT: a man in a suit and tie is holding a blue purse in front of a colorful background .

media.tenor.com

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FOHF @fohf.bsky.social · 1d

I assume Anatoli is the quant.

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FOHF @fohf.bsky.social · 1d

I’ve found the original

A name label reading “Paul Whiteman”. Which indeed Paul is.

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FOHF @fohf.bsky.social · 1d

Top is in, lads.

Bloomberg News @bloomberg.com · 1d

Exclusive: SoftBank is seeking a $5 billion loan, backed by Arm shares, from global banks as founder Masayoshi Son ramps up AI bets

SoftBank in Talks for $5 Billion Margin Loan Backed by Arm Stock

SoftBank Group Corp. is in talks to borrow $5 billion from global banks, refilling its coffers at a time Masayoshi Son is accelerating the Japanese investment firm’s bets on artificial intelligence.

bloom.bg

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FOHF @fohf.bsky.social · 1d

First Brands’ on balance sheet financing was largely broadly syndicated debt, not private lending…

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FOHF @fohf.bsky.social · 1d

Might retrain as a coach.

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FOHF @fohf.bsky.social · 1d

Constant muttering and a vague whiff of embalming fluid does that.

FOHF @fohf.bsky.social · 1d

I tried it. People looked nervous.

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FOHF @fohf.bsky.social · 1d

a close up of a woman 's face with the word smile on the bottom right

Alt: a close up of a woman 's face with the word smile on the bottom right. She is smiling but also looks murderous.

media.tenor.com

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FOHF @fohf.bsky.social · 1d

Spent time with a “coach”. One of the “coach”’s key recommendations was that I should “smile more”. So.

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FOHF @fohf.bsky.social · 3d

From this description I guess Joe Marler.

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FOHF @fohf.bsky.social · 8d

Palm Beach for me as they hired a golf pro to do their marketing so he 1) didn’t understand the product and 2) was a huge draw for golf fans who didn’t ask many difficult questions (other than about their swing, presumably)

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FOHF @fohf.bsky.social · 8d

>> there hasn’t really been any. LMM still pricing 600+ is probably right for where rates are.

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FOHF @fohf.bsky.social · 8d

I agree, but if you’ve been running at close to 0% loss rates for 15 years and your investor base don’t care about liquidity (and frankly can shift large loans in the secondary market easily) your spread should compress in those deals. Credit pricing is always informed by loss experience and >>

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FOHF @fohf.bsky.social · 8d

FWIW factoring/MCA/receivables finance has always had a higher fraud rate than other areas of the lending market. Fans of history should look up Petters, Palm Beach as examples.

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