I saw this deleted at Superstonk. If they are trying to silence it, then it must be good.
I wonder how many GME shorts are hidden in these swaps???
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No surprise from me that they’re hiding the swaps. Fairly typical of the mods as of late lol…
For all of the new faces, welcome to Lemmy!
This seems completely wild. What was this, the maximum possible amount they could enter on this line?
It’s comical. like a typo.
Anyone know what the actual source is for this screenshot? The article you have shared does not include it.
looks like the ole’ F3 overflow (jk/idk)
I’m no programmer, but the maximum viable value as a placeholder for non-viable or unknown values seems dumb. Even if the odds of the maximum value actually being valid and accurate are slim to none, it would be silly to introduce that risk willingly. It would make more sense and be more robust if it simply defaulted no “null” in cases of non-valid or unknown values. The 999… value is too big to make sense, and the placeholder explanation is too dumb to make sense also.
Since this Hal Turner person doesn’t provide any source whatsoever I won’t bother thinking more about it, frankly. Time will tell regardless.
Would they be able to roll these swaps? What would be the cost?
Yeah, what could you possibly roll that into?
The article that you linked to “Bank Books: €149 TRILLION Equity Swap Due to Expire (“Settle”) on December 15” links in turn to the article “UBS Bank Branch in Basel Switzerland DENYING Withdrawals - ‘Liquidity Challenges’” –– which I thought was interesting.
As @Chives said, Hal Turner did not provide a source for the screenshot of the equity swap –– making it difficult to judge its reliability and significance.
The event timestamp is 1970-01-19 –– shortly after the Unix epoch on Thu 1 Jan 1970.
In the “Supplemental Thoughts” section, Hal tries to draw a connection between this equity swap and the Russia-Ukraine war –– but he doesn’t provide satisfactory evidence for this connection.
The “event timestamp” is most likely stored in epoch seconds but being interpreted as epoch milliseconds. If you correct that, it works out to March 3rd, 2021.
Edit to add: Regardless, I am calling this a nothingburger, I’d be willing to bet that the 999… value is just a placeholder for unknown values.
Good thinking. That matches the publication timestamp.
