May 2024 - cypherpunks - lists.cpunks.org

Ex-NRA CFO Settles NY AG Suit Before Phase-Two Trial
by Gunnar Larson 30 May '24

30 May '24

Ex-NRA CFO Settles NY AG Suit Before Phase-Two Trial <https://www.law360.com/newyork/articles/1841143?nl_pk=ac5a3855-e47c-4403-be…> By Elliot Weld The National Rifle Association's former chief financial officer has reached a settlement with the New York attorney general's office ahead of the second phase of a trial over claims the group and its executives misused donor money, among other alleged misconduct. 1 document attached | Read full article » <https://www.law360.com/newyork/articles/1841143?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1841143?nl_pk=ac5a3855-e47c-4403-be…>

1 0

Justices Won't Hear Avenatti Appeal Of Nike Conviction
by Gunnar Larson 30 May '24

30 May '24

Justices Won't Hear Avenatti Appeal Of Nike Conviction <https://www.law360.com/newyork/articles/1841347?nl_pk=ac5a3855-e47c-4403-be…> By Elliot Weld The U.S. Supreme Court on Tuesday declined to hear an appeal from Michael Avenatti challenging his conviction for trying to extort millions from Nike, with the high court's rejection ending the disbarred attorney's chances at overturning one of his three criminal convictions. 3 documents attached | Read full article » <https://www.law360.com/newyork/articles/1841347?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1841347?nl_pk=ac5a3855-e47c-4403-be…>

1 0

Consumers, Advertisers Seek Class Cert. Against Meta
by Gunnar Larson 30 May '24

30 May '24

Consumers, Advertisers Seek Class Cert. Against Meta <https://www.law360.com/competition/articles/1841435?nl_pk=6416fd97-1dc4-4e0…> By Nadia Dreid Advertisers and consumers suing Facebook owner Meta Platforms Inc. over allegations of monopolizing the online social media advertising market and misusing users' data in the process have told the California federal court overseeing their claims that they believe it's time for the proposed classes to be certified. 2 documents attached | Read full article » <https://www.law360.com/competition/articles/1841435?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1841435?nl_pk=6416fd97-1dc4-4e0…>

1 0

Calif. Judge Gets 2nd Reprimand After Calling Atty 'Snake Oil'
by Gunnar Larson 30 May '24

30 May '24

Calif. Judge Gets 2nd Reprimand After Calling Atty 'Snake Oil' <https://www.law360.com/legalethics/articles/1840923?nl_pk=153d4a8a-6fb9-4a5…> By Lynn LaRowe For the second time in his judicial career, a California state judge has been publicly admonished for misconduct on the bench, most recently for referring to a public defender as "snake oil" in a criminal case and for "usurping the role of prosecutor" in another trial that was later overturned because of the judge's conduct. Decision attached | Read full article » <https://www.law360.com/legalethics/articles/1840923?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1840923?nl_pk=153d4a8a-6fb9-4a5…>

1 0

SEC Says Crypto Firm's Challenge Is 'Fatally Premature'
by Gunnar Larson 30 May '24

30 May '24

SEC Says Crypto Firm's Challenge Is 'Fatally Premature' <https://www.law360.com/fintech/articles/1841115?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely The U.S. Securities and Exchange Commission told a Texas federal judge on Friday that a yet-to-launch crypto exchange's bid to bar any future enforcement action is "fatally premature" since the firm hasn't identified a final action to challenge. Motion attached | Read full article » <https://www.law360.com/fintech/articles/1841115?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1841115?nl_pk=d2b3e7ef-ab62-4a62-80…>

1 0

BofA Inks $21M Deal With Over 1M Customers Over Wire Fees
by Gunnar Larson 30 May '24

30 May '24

BofA Inks $21M Deal With Over 1M Customers Over Wire Fees <https://www.law360.com/banking/articles/1841183?nl_pk=feb6bbba-7878-4d39-be…> By Gina Kim Bank of America customers on Friday urged a North Carolina federal judge to preliminarily approve their $21 million settlement to resolve claims the financial institution tacked $15 "junk fees" onto incoming wire transfers, saying the deal constitutes significant relief for over a million class members. Settlement attached | Read full article » <https://www.law360.com/banking/articles/1841183?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1841183?nl_pk=feb6bbba-7878-4d39-be…>

1 0

$244 Billion of Treasury Debt to Hit the Market Today and Tomorrow as Interest Rates Spike on Ballooning Supply
by Gunnar Larson 30 May '24

30 May '24

https://wallstreetonparade.com/2024/05/244-billion-of-treasury-debt-to-hit-… By Pam Martens and Russ Martens: May 29, 2024 ~ When Federal Reserve Chairman Jerome Powell held his press conference on May 1 to explain the Fed’s latest policy actions, more than a dozen reporters showed up to ask questions. Those reporters came from every major business news outlet. (See transcript here.) But on the same date, when the U.S. Treasury’s Assistant Secretary for Financial Markets, Josh Frost, conducted a press conference to announce the details of the Treasury’s plans to issue $125 billion in Treasury debt securities (quarterly refunding), only one reporter from Bloomberg News showed up to ask questions. (See the awkward video at this link.) Perhaps the U.S. Treasury needs to hire a strong arm like Michelle Smith, Director of Communications at the Fed for the past 23 years, to oversee its press conferences. Or, perhaps a lighter touch would be more welcome. Then again, maybe the U.S. Treasury would rather not call attention to its ballooning issuance of debt. In addition to the giant pile of debt securities that the U.S. Treasury issues in its quarterly refunding operations, the Treasury also holds ongoing auctions of debt. (See what is being auctioned by the Treasury today and tomorrow on the above chart.) These auctions will come directly on the heels of the debt markets gagging on $70 billion of a 5-Year U.S. Treasury Note auction and $69 billion in a 2-Year Treasury Note auction – both held yesterday. Treasury yields spiked across the board yesterday, including on the benchmark 10-year Treasury, on the increased supply and in anticipation of more supply about to hit the market. The additional $244 billion in Treasury debt set to be auctioned today and tomorrow is likely to send more shivers through debt markets as well as in the corner offices of the megabanks on Wall Street. As the chart below shows, the publicly-traded shares of all five megabanks that hold trillions of dollars in interest rate and credit derivatives closed in the red yesterday. Those megabanks are JPMorgan Chase (JPM); Citigroup (C); Bank of America (BAC); Goldman Sachs (GS); and Morgan Stanley (MS). Not only do these megabanks hold massive bets on the direction of interest rates via their derivative holdings but their securities divisions are also contractually obligated to buy Treasuries at each auction as part of being a “Primary Dealer” to the Fed. JPMorgan Chase and Goldman Sachs are two of the 30 stock components of the Dow Jones Industrial Average (DJIA), lending a disturbing twist to the definition of “industrial.” The Dow closed in the red to the tune of 216.7 points yesterday while the NASDAQ (COMP), stuffed with tech highfliers reminiscent of the dot.com bubble of the late 90s, closed above 17,000 for the first time. Throwing gasoline on the interest rate spike were comments made by Minneapolis Fed President Neel Kashkari in a CNBC interview yesterday. Those comments were released in the wee hours of Tuesday morning – well in advance of the Treasury Note auctions. Kashkari said Fed interest rate hikes should not be ruled out. The megabanks and the debt markets have been eagerly anticipating interest rate cuts by the Fed. At 9:24 a.m. this morning, six minutes before the stock market is set to open, Dow futures were down 252 points, suggesting more spill out ahead from the Treasury debt supply overhang.

1 0

Goldman Sachs Raises Over $20B For Direct Lending Strategy
by Gunnar Larson 30 May '24

30 May '24

Goldman Sachs Raises Over $20B For Direct Lending Strategy <https://www.law360.co.uk/financial-services-uk/articles/1841872?nl_pk=a94fc…> By Jade Martinez-Pogue Goldman Sachs Alternatives, advised by Fried Frank Harris Shriver & Jacobson LLP, revealed Wednesday that it clinched its latest senior direct lending fund after securing $13.1 billion from investors, and that together with other money raised for associated vehicles it has over $20 billion in fresh capital to put toward its direct lending strategy. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1841872?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1841872?nl_pk=a94fc…>

1 0

Re: Morning Spam
by Undiscussed Groomed for Male Slavery, One Victim of Many 29 May '24

29 May '24

"you use your influence algorithms to traffick fbi agents?" "yeah i don't know what an fbi agent does so i just have them flash their badges around a lot"

3 175

Fwd: Funding partnership with CLientEarth
by Gunnar Larson 29 May '24

29 May '24

Now in May 2024, between UN.org, WorldBank.org and ClientEarth.org, today it is evident that xNY.io - Bank.org is light-years ahead of our peers. We will engage our position in global makets for good for all nations and peoples. Gunnar ---------- Forwarded message --------- From: Support Us <supportus(a)clientearth.org> Date: Tue, May 3, 2022, 10:12 AM Subject: RE: Funding partnership with CLientEarth To: Gunnar Larson <g(a)xny.io> Dear Gunnar. Thank you for wanting to reach and connect with ClientEarth. Unfortunately the team you would need to connect with do not currently have capacity at this time. They will keep your details on file for future and can hopefully connect at a later date. Best wishes. *Kriss Atkin* Development Administration Assistant [image: ClientEarth_lockup_black] t. +44(0)303 050 5991 ClientEarth, The Joinery, 34 Drayton Park, London, N5 1PB [image: cid:image004.png@01D65A06.292F2EF0] *Website* <https://www.clientearth.org/>* | **Facebook* <https://www.facebook.com/ClientEarth>* | **Twitter* <http://www.twitter.com/clientearth>* | **Instagram* <https://www.instagram.com/clientearth_/?hl=en>* | **LinkedIn* <https://www.linkedin.com/company/clientearth> *From:* Gunnar Larson [mailto:g@xny.io] *Sent:* 28 April 2022 13:29 *To:* Support Us <supportus(a)clientearth.org> *Subject:* Re: Funding partnership with CLientEarth Dear Kriss: Thank you for reaching out. Bank.org is working on a project similar to your Shell board dispute. We wanted to reach out and introduce ourselves. Would there be a good time to connect? Thank you, Gunnar -- *Gunnar Larson - xNY.io <http://www.xny.io/> | Bank.org <http://bank.org/>* MSc <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - Digital Currency MBA <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-646-454-9107 New York, New York 10001 On Thu, Apr 28, 2022 at 5:35 AM Support Us <supportus(a)clientearth.org> wrote: Dear Gunnar, Thank you so much for getting in touch, we are so grateful that you would like to know more about partnering with ClientEarth. We really appreciate your request, if you can send us details of your proposal we would love to review in line with our corporate partnership policy. Once we have reviewed this opportunity we will contact you again regarding your donation. Please do feel free to let us know of your latest environmental policy or if your company currently holds any environmental ISO certificates, as this would greatly expedite our review process. As you know, ClientEarth works to stop climate change and pollution, protect and restore habitats, wildlife and natural resources, as well as empowering people and promoting the rule of law. If you would like to find out more about our work, you can find the latest news on our website <https://www.clientearth.org/> or you can sign up to our email newsletter <https://www.action.clientearth.org/sign-clientearths-newsletter/?_ga=2.2608…>. Please contact me if you have any further questions or queries and I will be happy to help. Best wishes. *Kriss Atkin* Development Administration Assistant [image: ClientEarth_lockup_black] t. +44(0)303 050 5991 ClientEarth, The Joinery, 34 Drayton Park, London, N5 1PB [image: cid:image004.png@01D65A06.292F2EF0] *Website* <https://www.clientearth.org/>* | **Facebook* <https://www.facebook.com/ClientEarth>* | **Twitter* <http://www.twitter.com/clientearth>* | **Instagram* <https://www.instagram.com/clientearth_/?hl=en>* | **LinkedIn* <https://www.linkedin.com/company/clientearth>

1 0