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KILL the KING!
by professor rat 03 May '23

03 May '23

Always a good idea - King Charles told to ‘shove your coronation’ Fans of Scottish football giants Celtic have sent King Charles an unmistakable message on the eve of the coronation which has divided the world. ‘Kill the King’: Chilling coronation threat A man who was arrested outside Buckingham Palace days before the coronation had been shouting about killing King Charles.. And in related news . . . Alleged ‘assassination attempt’ on Putin Russia claims to have foiled a “terrorist” assassination attempt on Vladimir Putin, Russia accuses Ukraine of attempted Kremlin drone attack on Putin. Oh Russia - go fuck yourself!

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Short Sellers Cratered Silvergate Bank and First Republic; They’re Now Targeting PacWest and Numerous Other Regional Banks
by Gunnar Larson 03 May '23

03 May '23

https://wallstreetonparade.com/2023/05/short-sellers-cratered-silvergate-ba… By Pam Martens and Russ Martens: May 3, 2023 ~ President Joe Biden is putting the national security of the United States at risk by not suspending the short-selling of federally-insured banks. Concerns over the safety and soundness of the U.S. financial system could cause money flight out of the U.S., impacting the strength of the U.S. dollar and a loss of confidence by our foreign allies. This is also a matter that impacts the financial lives of every American, because every American – rich, poor or middle class – will suffer the consequences in terms of ability to access bank credit and higher fees on that credit as a result of rebuilding the rapidly depleting federal Deposit Insurance Fund that protects bank deposits. The second, third and fourth largest bank failures in the history of the U.S. have now occurred in the span of seven weeks (First Republic Bank, Silicon Valley Bank and Signature Bank, respectively) with the Federal Deposit Insurance Corporation (FDIC) taking big hits in each case to its Deposit Insurance Fund. At the time of First Republic Bank’s failure on Monday (with JPMorgan Chase given a very sweet deal by the FDIC to buy its underwater assets and take over the deposits that hadn’t yet fled), it was one of the most heavily shorted bank stocks with one-third of its outstanding shares shorted as of one week before it failed, according to a report from Reuters. First Republic Bank was not a small bank. At the time of its demise, it had $207.5 billion in assets. According to a statement from the FDIC on Monday, it “estimates that the cost to the Deposit Insurance Fund will be about $13 billion. This is an estimate and the final cost will be determined when the FDIC terminates the receivership.” The FDIC estimated the cost to the Deposit Insurance Fund in the failure of Silicon Valley Bank to be $20 billion, and the cost to the DIF in the failure of Signature Bank to be $2.5 billion. All of these FDIC estimates seem very optimistic but even if they are accurate, that’s a combined hit thus far of $35.5 billion to a Deposit Insurance Fund that had just $128.2 billion as of December 31, 2022. On April 18 – prior to the failure of First Republic Bank – the FDIC released the following statement: “The Federal Deposit Insurance Act (FDI Act) requires that the FDIC’s Board of Directors adopt a restoration plan when the Fund’s reserves fall below 1.35 percent of all insured deposits held in FDIC-insured financial institutions. Extraordinary deposit growth during the first and second quarters of 2020 caused the Fund’s reserve ratio to decline below this statutory minimum. On September 15, 2020, the FDIC established a plan to restore the Fund’s reserves to at least 1.35 percent by September 30, 2028, while maintaining the assessment rate schedule in place at the time.” In short, assessments on banks to restore the Deposit Insurance Fund are going to be going up as a result of these bank failures and attendant losses – which mean that banks are going to be passing those increased costs along to their customers. If more banks fail, those costs will rise exponentially, putting aside the more critical issue of loss of confidence in the U.S. banking system. This is not some abstract theory. The newest target of the short sellers is PacWest Bancorp (ticker PACW). According to S&P Global Market Intelligence, as of March 31, 20.6 percent of PacWest’s shares outstanding were sold short, making it the third largest shorted bank stock at that point. (The bank stock with the largest percentage of shares shorted on March 31 was Silvergate Bank, which became an easy target of short sellers because it had entangled itself with crypto companies, including Sam Bankman-Fried’s house of frauds, FTX and Alameda Research. Silvergate wound itself down voluntarily by the end of the first quarter. The second largest short position in a bank as of March 31 was in First Republic Bank, which failed on Monday.) PacWest Bancorp is showing similar distress. PacWest’s stock has lost 71 percent year-to-date. On Monday and Tuesday of this week, the stock has gone from a closing price of $10.15 on Friday to $6.55 at the close on Tuesday – a stunning collapse of 35 percent in just two trading sessions. Other banks that are targets of short sellers that have seen outsized year-to-date losses in share price include Western Alliance, Comerica, Zions Bank, Republic First Bancorp (no relation to First Republic Bank other than similarity of its name, which may be why short sellers have piled on). Those stocks are down anywhere from 45 to 60 percent year-to-date versus a decline of 27 percent in the regional bank index (ticker KRX). See chart above. The longer President Biden waits to sign an executive order suspending short sales in federally-insured banks, the faster the contagion will spread to other banks. Editor’s Note: We believe that, in general, short sellers perform a critical role in U.S. markets – calling attention to corporate corruption and fraud that has been missed by regulators and the media. But the rapidly deteriorating condition of U.S. banks is a function of the unprecedented span of time that the Fed kept interest rates at the zero interest level, forcing banks to make fixed-rate mortgage loans at 3, 4 and 5 percent interest in order to remain competitive. Those loans and their related mortgage-backed securities are now underwater as a result of the Fed raising rates faster than at any time in the last 40 years. Exceptional times call for exceptional actions. President Biden needs to step up to the plate.

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FAI membership queries
by professor rat 03 May '23

03 May '23

I suggest guesstimates fall on the low side since this org was unable to wrangle key ( Defense and Finance ) portfolio’s in that Devils bargain with the Spanish republic. Even if you accept figures on the highest side the fact remains FAI rejected vanguardist tactics - despite them being commended to them by the like of Trotsky ( !) - and the POUM with its tens of thousands followed the anarchist line. I follow Peirats on the ’ Friends of Durruti " episode. - no vanguardist parasan! https://anarchistnews.org/content/writing-history-nightmare Reposts not crosschecked by super-strong AI just yet

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[ot][crazy][fiction][random]
by Undescribed Horrific Abuse, One Victim & Survivor of Many 03 May '23

03 May '23

busters inspired by ghost busters but not sure oops i don’t actually have this!

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Fwd: Pail of Milky Way Horn Radio Telescope
by Undescribed Horrific Abuse, One Victim & Survivor of Many 02 May '23

02 May '23

---------- Forwarded message ---------- Date: Tue, 2 May 2023 10:53:57 -0400 Subject: Pail of Milky Way Horn Radio Telescope Hello Aficionados! We’ve just released a marvelous summary of how to build a “Pail of Milky Way” horn radio telescope. This is described in LightWork memo 32. https://github.com/WVURAIL/lightwork/blob/master/memos/LightWorkMemo032-Pai… The memo concludes with a plot of one day’s observations, showing what you can see with a horn radio telescope. The Doppler shifted Cygnus and Perseus Spiral arms of the Milky Way are visible. Comments and improvements welcomed. Data are all obtained using Gnuradio designs available from the DSPIRA web site. https://github.com/WVURAIL/gr-radio_astro Thanks to Kevin Bandura at WVU and the Green Bank Observatory Staff. Cheers Glen

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[old] public security bugs go unresolved since 2015
by Undescribed Horrific Abuse, One Victim & Survivor of Many 02 May '23

02 May '23

stumbled on this while engaging similar symptoms; clang and ios, example for within “a-shell” app. sounds like there may likely be a lot more across ecosystems from where this came from. https://github.com/holzschu/a-shell/issues/306 a-Shell 180 (1.7.4) | iPad8,12 | iPhone OS 14.7.1 (18G82) | Crash | PoC | EXC_BAD_ACCESS (SIGSEGV) > Hello- > > Crasher PoC: printf 'k80x&::((**\ne::' | clang -x c++ - > > Hardware Model: iPad8,12 OS Version: iPhone OS 14.7.1 (18G82) > > Run Twice, See Seg Fault 11 > > A few comments: > > 1. There is no printf obviously > 2. The PoC needs to be run twice to SegFault 11 > > Hopefully this is enough info to be able to reproduce the Crash. > > If I should Report this Issue elsewhere, please let me know. > > Thank You > > ``` > Exception Type: EXC_BAD_ACCESS (SIGSEGV) > Exception Subtype: KERN_INVALID_ADDRESS at 0x0000000000000030 > VM Region Info: 0x30 is not in any region. Bytes before following region: 4310319056 > REGION TYPE START - END [ VSIZE] PRT/MAX SHRMOD REGION DETAIL > UNUSED SPACE AT START > ---> > __TEXT 100ea4000-100eb4000 [ 64K] r-x/r-x SM=COW ...l.app/a-Shell > > Termination Signal: Segmentation fault: 11 > Termination Reason: Namespace SIGNAL, Code 0xb > Terminating Process: exc handler [873] > Triggered by Thread: 7 > ``` > > ``` > Thread 7 Crashed: > 0 libLLVM 0x000000011ac0b3ac 0x11aa70000 + 1684396 > 1 libLLVM 0x000000011ac0b3ac 0x11aa70000 + 1684396 > 2 libLLVM 0x000000011ac0a654 0x11aa70000 + 1680980 > 3 clang 0x0000000118a6a4fc 0x1179b8000 + 17507580 > 4 clang 0x0000000118a65e34 0x1179b8000 + 17489460 > 5 clang 0x0000000118cac278 0x1179b8000 + 19874424 > 6 clang 0x0000000117b91770 0x1179b8000 + 1939312 > 7 clang 0x000000011978c108 0x1179b8000 + 31277320 > 8 clang 0x00000001197284b8 0x1179b8000 + 30868664 > 9 clang 0x00000001181719e8 0x1179b8000 + 8100328 > 10 clang 0x00000001179ff258 0x1179b8000 + 291416 > 11 clang 0x00000001179fdc8c 0x1179b8000 + 285836 > 12 clang 0x00000001179fd7c0 0x1179b8000 + 284608 > 13 ios_system 0x000000010106f9ec 0x10105c000 + 80364 > 14 libsystem_pthread.dylib 0x00000001e2d84bfc _pthread_start + 320 > 15 libsystem_pthread.dylib 0x00000001e2d8d758 thread_start + 8 > ``` > > ``` > Binary Images: > 0x100ea4000 - 0x100fa3fff a-Shell arm64 <88956ced9ba437d88874ba38cc57427e> /var/containers/Bundle/Application/86CDE0DF-BA4F-48FC-81C7-69FFE57C266C/a-Shell.app/a-Shell > 0x10105c000 - 0x101073fff ios_system arm64 <2a600cbb4ddd34c2adfde7d5935447d5> /var/containers/Bundle/Application/86CDE0DF-BA4F-48FC-81C7-69FFE57C266C/a-Shell.app/Frameworks/ios_system.framework/ios_system > 0x10116c000 - 0x101177fff libobjc-trampolines.dylib arm64e <bc30b5bd95c23ac1972f6d7eeb3d252f> /usr/lib/libobjc-trampolines.dylib > 0x101318000 - 0x10138bfff dyld arm64e <b8adece0d2cc3c958d01c5fa21bc74ea> /usr/lib/dyld > 0x1179b8000 - 0x119a1ffff clang arm64 <91b77adf969f34c8b7287a0b7fe11038> /var/containers/Bundle/Application/86CDE0DF-BA4F-48FC-81C7-69FFE57C266C/a-Shell.app/Frameworks/clang.framework/clang > 0x11aa70000 - 0x11cf93fff libLLVM arm64 <46390f69e7cb36fd98844c6164b4e274> /var/containers/Bundle/Application/86CDE0DF-BA4F-48FC-81C7-69FFE57C266C/a-Shell.app/Frameworks/libLLVM.framework/libLLVM > ``` > Hi, thanks for the report; I can confirm that this example also fails on my machine. I'll see if I can fix it. Update: it does not fail when running in Debug mode, which would point towards non-initialized variables. > > Out of curiosity, how did you arrive at that example? Would any non-existant command also produce the issue? > Hi, > > I'm using an Apple Security Research Device and working outward to points of impact. Then, I'm running the Reproducer on retail Run Targets to Confirm & Report. > > * running in Debug mode, which would point towards non-initialized variables. > > Yes, I noted this in my updated Feedback to Apple. I am now making Reports downstream to IOS Projects where the Community can evaluate the issues transparently and I can cull the Results. > > -Out of curiosity, how did you arrive at that example? Would any non-existant command also produce the issue > > The PoC was found circa 2015 in LLDB Bug Reports from myself and others, I was not the original Reporter, but performed significant Fuzzing at that time which still has a Corpus that delivers PoC Crashers across the XNU ecosystem. I too am looking at the non-existant command issue. Apple so far is No-Fix on this issue so I am now Reporting the Issue to Downstream Projects. > > The Feedback Case == FB9591834 with Subject == 20G95 | 13A5212g | clang-1300.0.29.3 | Logic Bug | PoC | Segmentation fault: 11 > > Please let me know if I can provide any additional information. > > Thank You! > New > Hello- > > Here is another Crasher PoC. It will need to be run a few times to generate the Crash. This is another circa 2015 CLANG Crasher that has been won't fix like the other PoC. I've tested this on iPad 12 Pro, iPhone 12 Pro both running Retail iOS15, and also verified on SRD running iOS 15.1 Beta. > > echo "g34( struct Yunsignedp char32_t=char32_t_35==ZcregisterZtypename&&S=4autobitand8 &&or* xor{static_cast&char32_t&welseconst auto" | clang -x c++ -

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Morons keep polishing that Ross Ulbricht Turd
by professor rat 02 May '23

02 May '23

" . . . evidence was introduced at trial supporting the allegations.[32][44] The district court found by a preponderance of the evidence that Ulbricht did commission the murders.[45] The evidence that Ulbricht had commissioned murders was considered by the judge in sentencing Ulbricht to life, and was a factor in the Second Circuit’s decision to affirm the sentence . . ." Federal prosecutors alleged that Ulbricht had paid $730,000 in murder-for-hire deals targeting at least five people Wikipedia And as he paid out those contracts he was preening, posing and posturing as a pacifist online. Very Assange. Morons keep polishing that Ross Ulbricht Turd Like OG depraved cretins, Adam Back and Vinay Gupta keep polishing that Assmange Turd.

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Crypto Loses Some of 24/7 Luster as Weekday Trading Sees Uptick
by Gunnar Larson 02 May '23

02 May '23

One of crypto’s focal characteristics is that it trades around the clock, every day of the year. Now the market is, due to a number of recent shifts in the industry, becoming much more focused on a Monday-through-Friday routine. Crypto Loses Some of 24/7 Luster as Weekday Trading Sees Uptick https://www.bloomberg.com/news/articles/2023-05-02/crypto-loses-some-of-24-…

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There Was a Blood Bath in Some Bank Stocks Yesterday: So Much for Jamie Dimon’s Prediction That It's the End of the Banking Crisis
by Gunnar Larson 02 May '23

02 May '23

https://wallstreetonparade.com/2023/05/there-was-a-blood-bath-in-some-bank-… By Pam Martens and Russ Martens: May 2, 2023 ~ There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling. The Financial Times reported on April 5 that “Hedge funds made more than $7bn in profits by betting against bank shares during the recent crisis that rocked the sector, their biggest such haul since the 2008 financial crisis.” Shares of First Republic Bank have lost billions of dollars more in market value since April 5, meaning the $7 billion haul for short sellers is now an understatement. The one thing that would help dramatically to stem the banking crisis is for President Biden (a man who derives his powers from U.S. voters rather than a p.r. machine like Dimon) to immediately issue an Executive Order halting the short selling of federally-insured bank stocks. As of right now, short sellers see an easy path to picking a regional or community bank target, or a bank that got in bed with crypto companies, or some inscrutable federally-insured fintech bank, and driving its share price into the ground while minting billions for themselves. This is now a matter of national security to the United States. The second largest bank failure in U.S. history just occurred on May 1 with First Republic Bank. The third largest bank failure in U.S. history occurred on March 10 with Silicon Valley Bank. The fourth largest bank failure in U.S. history occurred on March 12 with Signature Bank. In each case, the Federal Deposit Insurance Corporation (FDIC), the federal agency that insures bank deposits up to $250,000 per depositor per bank, was on the hook for losses on underwater assets at the banks. It will book tens of billions of dollars in losses to its Deposit Insurance Fund as a result. (The largest bank failure in U.S. history was Washington Mutual. That occurred in 2008. JPMorgan Chase was allowed to take it over, just as happened with First Republic Bank yesterday.) The FDIC simply cannot afford for this banking crisis to pick up momentum. Also, something else unthinkable occurred on March 19. The Swiss government stripped shareholders of two publicly-traded banks from voting on the shotgun marriage of collapsing Credit Suisse and its stronger rival, UBS. Both banks are highly interconnected to U.S. mega banks and are regulated as G-SIBS – Global Systemically Important Banks. The chart above is pretty much all you need to know about the prediction from Jamie Dimon yesterday that his mega bank’s purchase of First Republic Bank has brought the current banking crisis to an end. Each of these publicly-traded stocks in the chart above is the parent of a federally-insured bank. Six of them experienced a percentage loss in the double digits by the close of trading yesterday. Five others fell many multiples of the losses experienced by the broader Dow Jones Industrial Average. Jamie Dimon’s record on forecasting future events is not something to write home about. He is, after all, the same guy that called the London Whale hoopla in the media “a tempest in a teapot.” Not long thereafter, it was revealed that his bank’s derivative traders in London, supervised by an unlicensed woman who worked down the hall from Dimon in New York, had used customers’ deposits to trade risky derivatives and lost $6.2 billion of customers’ deposits. The U.S. Senate’s Permanent Subcommittee on Investigations (which used to conduct highly sophisticated investigations of Wall Street corruption but now seems to have been muzzled in a kind of witness protection program when it comes to Wall Street) issued a 300-page investigative report on that London Whale “tempest in a teapot” in March of 2013. The late Senator John McCain, co-chair of the Subcommittee at the time, said this in his opening remarks at a related hearing: “…The ‘London Whale’ incident matters to the Federal Government because the traders at JPMorgan were making risky bets using excess deposits, portions of which were federally insured. These excess deposits should have been used to provide loans for Main Street businesses. Instead, JPMorgan used the money to bet on catastrophic risk. “Through an extensive bipartisan investigation, this Subcommittee has uncovered a wealth of new information. Internal emails, memos, and interviews reveal that these trades were not conducted by a group of rogue traders, but that their superiors were well aware of their activities. “Traders at JPMorgan’s Chief Investment Office, the CIO, adopted a risky strategy with money they were supposed to use to hedge, or counter, risk. However, even the head of the CIO could only provide a ‘guesstimate’ as to what exactly the portfolio was supposed to hedge. And JPMorgan’s CEO Jamie Dimon admitted that the portfolio had ‘morphed’ into something that created new and potentially larger risks. In the words of JPMorgan’s primary Federal regulator, it would require ‘make-believe voodoo magic’ to make the portfolio actually look like a hedge. “Top officials at JPMorgan allowed these excessive losses to occur by permitting the CIO to continually breach all of the bank’s own risk limits. When the risk limits threatened to impede their risky behavior, they decided to manipulate the models. “Disturbingly, the bank’s primary regulator, the OCC [Office of the Comptroller of the Currency], failed to take action even after red flags warned that JPMorgan was breaching its risk limits. These regulators fell asleep at the switch and failed to use the tools at their disposal to effectively curb JPMorgan’s appetite for risk. “However, JPMorgan actively impeded the OCC’s oversight. The CIO refused to release key investment data to the OCC and even claimed that the regulator was trying to ‘destroy’ the bank’s business. “After these losses were uncovered by the press, JPMorgan chose to conceal its errors and, in doing so, top officials at the bank misinformed investors, regulators, and the public. In an April 2012 earnings call, then Chief Financial Officer Douglas Braunstein falsely told investors and the public that the bank had been ‘fully transparent to regulators.’ “The deception did not end there. During the same earnings call, Mr. Dimon tried to downplay the significance of the losses by infamously characterizing them as ‘a complete tempest in a teapot’… “Let me be clear: JPMorgan completely disregarded risk limits and stonewalled Federal regulators. It is unsettling that a group of traders made reckless decisions with federally insured money and that all of this was done with the full awareness of top officials at JPMorgan. This bank appears to have entertained — indeed, embraced—the idea that it was ‘too big to fail.’ In fact, with regard to how it managed the derivatives that are the subject of today’s hearing, it seems to have developed a business model based on that notion — the notion that they are too big to fail. “It is our duty to the American public to remind the financial industry that high-stakes gambling with federally insured deposits will not be tolerated. In 2012, the ‘London Whale’ trades resulted in a $6 billion loss. What if it was $60 billion? Or $100 billion? Does JPMorgan operate under the assumption that the taxpayer will bail them out again? What place does taxpayers’ underwriting of the big banks’ disregard for ‘moral hazard’ have in the proper operation of a truly free market?” You can see why Senator Elizabeth Warren is quite upset about Jamie Dimon’s mega bank being allowed to get even bigger with the purchase of First Republic Bank.

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When cypherpunks are called terrorists . . .
by professor rat 02 May '23

02 May '23

Ava Labs founder awarded $3M in crypto defamation suit Emin Gün Sirer, the founder and CEO of Ava Labs, has been awarded millions in damages after an influencer publicly accused him of being part of a Turkish terrorist group https://cointelegraph.com/news/ava-labs-founder-awarded-3m-in-crypto-defama… Reposts not revolutionary imprecations to put-up-or-shut-up

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