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Jerome Powell’s Fed Notches an Historic Record of $204 Billion in Cumulative Operating Losses – Losing Over $1 Billion a Week for More than Two Years
by Gunnar Larson 21 Oct '24

21 Oct '24

https://wallstreetonparade.com/2024/10/jerome-powells-fed-notches-an-histor… Commentary Next to Arrows Has Been Added by Wall Street On Parade. By Pam Martens and Russ Martens: October 21, 2024 ~ According to its own FRED data, the last time the central bank of the United States – the Federal Reserve – operated in the green was September 14, 2022, more than two years ago. Since then, it has been consistently losing over $1 billion a week with its cumulative operating losses now topping $204 billion as of the last reporting by the Fed on October 16, 2024. Operating losses of this magnitude are unprecedented at the of Fed, which was created in 1913. Fed Operating Losses Total a Cumulative $204 Billion If a publicly-traded company had been bleeding operating losses of more than $1 billion a week for more than two years, there would very likely be a change of leadership at the top. But Fed Chair Jerome Powell is no ordinary mortal. He survived the worst trading scandal in the Fed’s history – even after his own trading conduct came into question. These losses at the Fed are operating losses – where expenses exceed earnings. They are not to be confused with the unrealized losses on the Fed’s underwater debt securities that the Fed holds on its balance sheet, which it does not mark to market. The Fed is experiencing these operating losses because the interest it is earning on its $6.6 trillion portfolio of debt securities that it acquired through its Quantitative Easing (QE) operations is less than the overly generous interest payments it is making to banks. These payments include the 4.90 percent interest the Fed is paying to the megabanks on Wall Street (and other Fed member banks) for the reserves they hold with the Fed. This morning, the yield on the benchmark 10-year U.S. Treasury note is just 4.13 percent. That yield hasn’t climbed above 4.50 percent for more than four months. So why is the Fed continuing to pay out the overly generous rate of 4.90 percent interest on reserves to the banks it supervises when it’s bleeding losses? Is the Fed blatantly subsidizing bank profits while some of these same megabanks charge double digit interest rates to consumers on their credit cards? (See, for example: While JPMorgan Chase Was Getting Trillions of Dollars in Loans at Almost Zero Percent Interest from the Fed, It Was Charging Americans Hit by the Pandemic 17 Percent on their Credit Cards.) The Fed is also paying out the overly generous rate of 4.80 percent on its reverse repo operations with giant mutual fund companies – many of which are owned by the megabanks on Wall Street. And, the Fed is paying a ridiculous 6 percent dividend to member shareholder banks with assets of $10 billion or less. Banks with assets above $10 billion receive the lesser of 6 percent or the yield on the 10-year Treasury note at the most recent auction prior to the dividend payment. U.S. taxpayers have good reason to be alarmed by the Fed’s ongoing operating losses. That’s because when the Fed is operating in the green, the Fed, by law, turns over excess earnings to the U.S. Treasury – thus reducing the amount the U.S. government has to borrow by issuing Treasury debt securities. According to Fed data, between 2011 and 2021, the Fed’s excess earnings paid to the U.S. Treasury totaled more than $920 billion. The loss of remittances from the Fed means that the U.S. government will go deeper into debt, putting a heavier tax burden on the U.S. taxpayer and raising the risk of another credit rating agency downgrade of U.S. sovereign debt. Another problem at the Fed is that instead of being a beacon for pristine accounting practices, it is engaging in creative accounting according to experts. A January 31 paper by Paul H. Kupiec and Alex J. Pollock published by the American Enterprise Institute explains in stark detail why the Fed has negative capital under GAAP accounting. The researchers write: “In 2011, the Fed unilaterally decided to adopt non-standard accounting practices that book operating losses as a ‘negative liability’ in its H.4.1 releases and as a ‘deferred asset’ in its audited financial statements [writing the following at the time:] ‘[I]n the unlikely scenario in which realized losses were sufficiently large enough to result in an overall net income loss for the Reserve Banks, the Federal Reserve would still meet its financial obligations to cover operating expenses. In that case, remittances to the Treasury would be suspended and a deferred asset would be recorded on the Federal Reserve’s balance sheet.’ “Unfortunately for the Fed, the ‘unlikely scenario’ has become reality. Regardless of the name used, the ‘deferred asset’ account acts to hide the basic immutable fact that operating losses have consumed the Fed’s capital. “Under the Fed’s unique accounting policy, operating losses do not reduce the Federal Reserve’s reported total capital. The accumulated losses in the ‘deferred asset’ account allow the Fed to report the same capital account balance, no matter how large its accumulated losses. Even if it lost 100 times its capital, or $4.3 trillion, the Fed would still report that it has positive $43 billion in capital. Similar creative ‘regulatory accounting’ has not been utilized by financial institutions since the 1980s when it was used to prop up failing savings and loans.” The researchers posted a line-item chart on page 8 of their report showing how the Fed’s accounting compares with GAAP accounting. As of December 27, 2023, the Fed’s accounting produces $42.85 billion in capital. Under GAAP accounting, the Fed’s capital stands at a negative $88.7 billion. As anyone who is a regular reader of Wall Street On Parade will easily guess, the New York Fed has the most dramatic negative capital under GAAP accounting among the Fed’s 12 regional Fed banks. The researchers write: “Restating each of the 12 individual FRBs [Federal Reserve Banks] December 27, 2023 capital accounts using GAAP, 8 have negative GAAP capital. Exhibit 2A shows the FRBs that have GAAP capital deficits larger than $1 billion. The Federal Reserve Bank of New York, with a GAAP capital nearly negative $70 billion, has the largest capital deficit followed by the Federal Reserve Bank of Richmond with negative GAAP capital approaching $12 billion and the Federal Reserve Bank of Chicago with $7.6 billion in negative GAAP capital.” For a deeper understanding of the New York Fed’s symbiotic relationship with the megabanks on Wall Street, see These Are the Banks that Own the New York Fed and Its Money Button and If Wall Street’s Mega Banks Are Safe and Sound as the Fed Says, Why Do They Need a Half Trillion Dollar Bailout Facility at the New York Fed?

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XNY.IO - BANK.ORG: 108 Highlights to The U.S. International Development Finance Corporation (DFC) Congressional Budget Justification - Fiscal Year 2025
by Gunnar Larson 21 Oct '24

21 Oct '24

XNY.IO - BANK.ORG: 108 Highlights to The U.S. International Development Finance Corporation (DFC) Congressional Budget Justification - Fiscal Year 2025: https://drive.google.com/file/d/1gNz-SmoUpZdG9XxXlJ2ZUk_npxYK5Nkb/view?usp=… ---- FY 2025 DFC Request Executive Summary Program Budget and Policy Objectives The FY 2025 program budget request of $1,008 million will enable DFC to grow its portfolio by addressing the significant unmet financing needs in priority sectors and regions that align with U.S. development and foreign policy objectives. DFC leverages its resources to unlock private sector growth and contribute to bridging the $40+ trillion infrastructure need in the developing world. Congress created DFC through the BUILD Act in part to offer a better and more sustainable alternative to China’s Belt and Road Initiative (BRI). DFC catalyzes investment from the private sector and empowers developing countries, helping them leverage their own resources—including human capital and commodities—to tackle poverty, accelerate sustainable economic growth for underserved populations, and become stable U.S. trading partners. Unlike the development approach of the People’s Republic of China (PRC), which often burdens countries with unsustainable sovereign debt and projects that are unsuitable for local conditions, DFC’s efforts are directed toward supporting private entities, mobilizing private capital, and building resilient market economies. DFC emphasizes partnership with the private sector and looks for opportunities to support small businesses and underserved communities, with the goal of sustainable growth. DFC’s financing is a cost-effective way to make significant development and strategic impact around the world because DFC’s private investment model allows each dollar of appropriations to go further. In FY 2023, the agency leveraged $622.6 million in program funding to mobilize more than $9.28 billion in support of 132 projects. In three short years since DFC’s inception in FY 2020, the Corporation has achieved 92 percent growth in annual commitments by dollar value and 65 percent growth in the number of projects committed. To remain a competitive alternative to the PRC and other authoritarian governments, DFC will continue to need robust funding in FY 2025 and beyond to counter the aggressive posture that the PRC has taken in emerging markets. The $1,008 million budget request will support a long-term strategy that DFC has developed to focus on five key sectors that help promote vibrant economies, healthy populations, and stable societies. Administrative Expenses DFC requests $245 million for administrative expenses. This level will support necessary staffing and other support costs to advance U.S. development and strategic foreign policy goals. DFC will use the administrative budget to foster an effective and efficient organization, maintain a fiscally responsible agency, and strengthen its portfolio management capacity. Among other priorities, DFC’s FY 2025 funding will support the expansion of DFC’s overseas presence to continue sourcing quality and impactful projects in local markets, increase underwriting capacity to grow DFC’s portfolio, improve monitoring and evaluation of our developmental impact, and scale mission support functions to meet staff growth and the demands of the program. DFC will use administrative resources to attract and retain the skilled and professional workforce needed to achieve its development and foreign policy objectives. DFC will also direct administrative resources toward expanding stakeholder engagement and improving business development. In addition, administrative resources will enable the Corporation to strengthen management and oversight structures, especially for complex and higher value, higher impact transactions, ensuring DFC can manage risks and monitor results in a manner that maximizes the foreign policy and developmental value of its portfolio.

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Fwd: Inquiry
by Gunnar Larson 21 Oct '24

21 Oct '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Tue, Apr 23, 2024, 8:43 AM Subject: Re: Inquiry To: Roberta Kaplan <rkaplan(a)kaplanhecker.com> Cc: Stephanie Lake <slake(a)kaplanhecker.com> Okay. Thank you for letting me know. Gunnar On Tue, Apr 23, 2024, 8:40 AM Roberta Kaplan <rkaplan(a)kaplanhecker.com> wrote: > I'm sorry, but I don't think we can help you on this. > ------------------------------ > *From:* Gunnar Larson <g(a)xny.io> > *Sent:* Tuesday, April 23, 2024 8:28:27 AM > *To:* Roberta Kaplan <rkaplan(a)kaplanhecker.com> > *Subject:* Re: Inquiry > > You don't often get email from g(a)xny.io. Learn why this is important > <https://aka.ms/LearnAboutSenderIdentification> > This email was sent from outside the Firm. > > Roberta: > > Thank you for your response. > > I wrote this LitigationFinanceJournal.com article back in 2022, now I am > on the other side of it all. > > It is my understanding that the FBI is harassing my business, saying I am > trying to use Donald Trump arguments against the Attorney General's office. > > That is simply not true. I am need to organize a personal attorney to > protect myself from these attacks. I thought it could be beneficial if we > worked together. > > Please let me know your thoughts. > > Thank you, > > Gunnar > --- > > > https://litigationfinancejournal.com/rnc-funding-of-trumps-legal-campaign-u… > > > Litigation Finance Journal recently reported on a group of 14 state > attorneys general that have called for action from the Department of > Justice to review potential threats to U.S. national security from foreign > adversaries’ engagement of litigation investment. Litigation funders and > industry advocates have new ammo in response to the AGs’ claims, given > recent news of the RNC funding former President Donald Trump’s various > legal entanglements. > > > According to ABC News, RNC leaders earmarked $1.6M in legal funding to > support President Donald Trump’s defense over lawsuits brought by New York > Attorney General Letitia James. Meanwhile, the United States Chamber of > Commerce Institute for Legal Reform’s research has prompted 14 state > attorneys general to ask for the Justice Department to assess national > security risks of adversaries ‘undermining’ the United States by engaging > litigation funding and third party investment vehicles. > > The group of 14 state attorneys general are concerned about foreign > adversaries ‘weaponizing’ United States legal frameworks via litigation > investment, to attack critical national industry and infrastructure, such > as energy sectors. The group of 14 seeks the Department of Justice to > detail how a network of federal agencies could engage a blueprint for > defending United States independence from international litigation > investors, hostile groups, agencies or governments such as Russia and China. > > This latest attack on the industry, prompted by the U.S. Chamber of > Commerce, is simply another attempt to undermine the nascent and growing > litigation funding sector. It is ironic, given that in the case of Consumer > Legal Funding–which the Chamber specifically targets–the funding in > question does not go to support legal fees, but rather to finance > claimants’ livelihoods while they remain injured and unable to work. > > While the RNC’s funding of Trump’s legal battles does not constitute > foreign investment, it illustrates the acceptance of third party legal > funding across political lines, and should be noted by industry advocates > looking to respond to the negative publicity put forth by the U.S. Chamber. > > On Tue, Apr 23, 2024, 7:02 AM Roberta Kaplan <rkaplan(a)kaplanhecker.com> > wrote: > > Happy to talk. What is the matter? > ------------------------------ > *From:* Gunnar Larson <g(a)xny.io> > *Sent:* Tuesday, April 23, 2024 3:55:11 AM > *To:* Roberta Kaplan <rkaplan(a)kaplanhecker.com> > *Subject:* Inquiry > > You don't often get email from g(a)xny.io. Learn why this is important > <https://aka.ms/LearnAboutSenderIdentification> > This email was sent from outside the Firm. > > Ms. Kaplan: > > My name is Gunnar Larson and I am a co-founder at xNY.io - Bank.org. > > I was wondering if I could schedule a time to talk with your office > concerning potentially working together on a developing matter. > > Thank you, > > Gunnar > -- > Gunnar Larson > > xNY.io | Bank.org > > MSc - Digital Currency > MBA - Entrepreneurship and Innovation (ip) > > G(a)xNY.io > > +1-917-580-8053 > > New York, New York 10001 > > ------------------------------ > This email and its attachments may contain information that is > confidential and/or protected from disclosure by the attorney-client, work > product or other applicable legal privilege. If you are not the intended > recipient of the email, please be aware that any unauthorized review, use, > disclosure, dissemination, distribution, or copying of this communication, > or any of its contents, is strictly prohibited. If you have received this > communication in error, please notify the sender immediately and destroy > all copies of the message from your computer system. Thank you. > > ------------------------------ > This email and its attachments may contain information that is > confidential and/or protected from disclosure by the attorney-client, work > product or other applicable legal privilege. If you are not the intended > recipient of the email, please be aware that any unauthorized review, use, > disclosure, dissemination, distribution, or copying of this communication, > or any of its contents, is strictly prohibited. If you have received this > communication in error, please notify the sender immediately and destroy > all copies of the message from your computer system. Thank you. >

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Fwd: SpaceX Interlocking Directors’ Intent to Manipulate Markets
by Gunnar Larson 21 Oct '24

21 Oct '24

---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Thu, Nov 2, 2023, 12:52 PM Subject: Re: SpaceX Interlocking Directors’ Intent to Manipulate Markets To: <letitia.james(a)ag.ny.gov> Cc: <ir(a)twitter.com>, Harris, Adrienne A (DFS) <Adrienne.Harris(a)dfs.ny.gov>, <district3(a)council.nyc.gov>, Reader, Shaun <sreader(a)curtis.com> Dear Madam Attorney General James: xNY.io - Bank.org kindly seeks a response from your office concerning the message below. Today in Manhattan, the FTX case will soon be sent for jury deliberation. According to NPR, "... FTX founder Sam Bankman-Fried is accused of orchestrating one of the largest financial frauds in history." Additionally, today Donald Trump's civil fraud trial continues in New York City. Attorney General James, as you are aware xNY.io - Bank.org has an ongoing dialog with your office concerning a 'RICO.' The New York State Department of Financial Services records office has responded with a memo concerning the "Las Vegas Museum of Organized Crime and Law Enforcement" here: https://drive.google.com/file/d/1reLapm-6C0QJZhPKIPtN5HZGbYhTxZMh/view?usp=… . This memo aims to execute N.Y. Executive Law, Article 15 § 297. Procedure 1. Additionally, § 298-a. Application of article to certain acts committed outside the state of New York, (Israel Crisis). Kind regards, Gunnar -- Gunnar Larson xNY.io - Bank.org MSc - Digital Currency MBA - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-917-580-8053 New York, New York 10001 On Sat, Jun 18, 2022, 4:44 PM Gunnar Larson <g(a)xny.io> wrote: > Dear Attorney General Letitia James: > > xNY.io - Bank.org, PBC seeks to earn your esteemed approval to engage the > New York False Claims Act under urgent pretences. > > Today's correspondence marks the first time in history, a self-titled > "mafia" (aka, the "PayPal Mafia '') is compelled to answer publicly the > decision to manipulate both the New York False Claims Act and the Martin > Act against one another. > > - Madam Attorney General, your leadership approach has historical > context > <https://www.nytimes.com/2019/12/10/climate/exxon-climate-lawsuit-new-york.h…> > to logic and ultimate Exxon Mobil vs. New York State > <https://drive.google.com/file/d/1nLp9RIYw8mAh1SRG8E9PMEK94SV-viUN/view?usp=…> case > precedent. > - xNY.io - Bank.org, PBC research and development notes our hawkish > approach to ESG, D&O and LBO innovation. > - xNY.io - Bank.org, PBC sees this not a democrat vs. republican > concern as Mr. Elon Musk (CEO, SpaceX and Tesla) claims. False pretense to > protect free speech are now being debated as party to a $200B pryamid > scheme. > > Ms. James, on May 21, 2022 xNY.io - Bank.org, PBC > <https://docs.google.com/document/d/1lv9Wt6y1ld4bNap0z3epIxttEGiP_oVpfxH0GTS…> > contacted the SpaceX Corporation with reasonable concern of CEO Musk's > intent behind the $44B Twitter LBO. The Orlando Police Pension Fund shared > similar concerns to the intent behind Twitter's LBO as illegal. > > Since, market forces suggest that SpaceX and Tesla directors are part of > interlocking directorate, self proclaimed the PayPal Mafia. The racket > could waterfall to problem(s) at the New York State Department of Financial > Services with Superintendent association to D&O insurance regulation. > > Ms. James, xNY.io - Bank.org, PBC seeks your office's urgent assessment of > this matter. We aim to earn approval to explore the New York False Claims > Act to confront SpaceX as a racket. > > *Like a house of cards, the PayPal Mafia racket could risk a waterfall of > D&O interlocking directorate insolvencies. In summary: * > > 1. xNY.io - Bank.org's May 21, 2022 memo to SpaceX questioned intent > behind baseless claims pioneered by SpaceX's CEO, branding ESG a scam via > Exxon Mobil. Obviously, Exxon Mobil vs. New York State > <https://drive.google.com/file/d/1nLp9RIYw8mAh1SRG8E9PMEK94SV-viUN/view?usp=…> alludes > Mr. Musk party to a false claim. > 2. SpaceX has failed to establish a preponderance of evidence and > burden of proof not a racket. > 3. SpaceX has failed to prove that Twitter's LBO is not false claim to > free speech protection. > 4. True social innovation cannot sponsor a fake news racket that could > jeopardize space exploration and war. > 5. Twitter's LBO dealmakers (Goldman Sachs and JP Morgan Chase) > company balance sheets, financial statements and other corporate records do > not impact xNY.io - Bank.org, PBC holding a racket accountable to false > claims. > > The CEO of SpaceX and Tesla leveraging Exxon Mobil as an ESG > securities scam does not preclude the PayPal Mafia's intent to engage false > claims at the sacrifice of New York State's financial future. > > Madam Attorney General James, we hope to hear from your esteemed office > and learn assessment of best next steps. > > Thank you, > > Gunnar > > -- > *Gunnar Larson * > *xNY.io <http://www.xny.io/> - Bank.org <http://bank.org/>, PBC* > > 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 Sun, May 22, 2022 at 9:34 AM Gunnar Larson <g(a)xny.io> wrote: > >> May 21, 2022 >> >> BY ELECTRONIC MAIL >> >> SpaceX Corporation >> Board of Directors >> One Rocket Road >> Hawthorne, California >> 90250 >> Sales(a)SpaceX.com >> >> Re: Potential SpaceX Interlocking Directors’ Intent to Manipulate >> Markets >> >> Dear SpaceX Board of Directors: >> >> From our New York headquarters, xNY.io - Bank.org, PBC embodies the >> notion that rather than a merry-go-round, the process of change and >> innovation is like a slide. >> >> Today’s memo aims to notify the SpaceX Corporation of concern of >> potential market manipulation that could impact cross-border digital asset >> innovation, free speech in the United States of America, the global ESG >> economy and Moon exploration. >> >> Please find the attached memo >> <https://docs.google.com/document/d/1lv9Wt6y1ld4bNap0z3epIxttEGiP_oVpfxH0GTS…> >> addressed to SpaceX's board of directors. >> >> Respectfully, >> >> Gunnar Larson >> >

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Consultant Ducks Prison For Helping OneCoin Launder $35M
by Gunnar Larson 21 Oct '24

21 Oct '24

Consultant Ducks Prison For Helping OneCoin Launder $35M <https://www.law360.co.uk/financial-services-uk/articles/1891626?nl_pk=a94fc…> By Stewart Bishop A New York federal judge declined on Friday to sentence a co-founder of business consultancy and investment firm InterAmerican Group to any time in prison for his role in a scheme to launder about $35 million in proceeds from the multibillion-dollar OneCoin cryptocurrency scam. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1891626?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1891626?nl_pk=a94fc…>

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McAfee Founder’s Neighbor Dead in Belize After Dogs Poisoned
by Gunnar Larson 21 Oct '24

21 Oct '24

McAfee Founder’s Neighbor Dead in Belize After Dogs Poisoned McAfee Founder’s Neighbor Dead in Belize After Dogs Poisoned https://www.bloomberg.com/news/articles/2012-11-12/mcafee-founder-is-suspec… John McAfee, the founder of the popular anti-virus software maker, is considered “a person of interest” in the murder of U.S. citizen Gregory Faull and has yet to be located, Belize National Security Ministry spokesman Raphael Martinez said.

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Strange Cellmates in a Brooklyn Jail: Sean ‘Diddy’ Combs and Sam Bankman-Fried - The New York Times
by Gunnar Larson 21 Oct '24

21 Oct '24

Rumor has it, Sam has a new Metropolitan arrangement Peter? Gunnar --- https://www.nytimes.com/2024/09/24/arts/music/sean-combs-sam-bankman-fried-… Strange Cellmates in a Brooklyn Jail: Sean Combs and Sam Bankman-Fried Mr. Combs is sleeping in the same dormitory-style room as Mr. Bankman-Fried, the crypto mogul who was convicted of fraud.

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Claim Diligence - How to Sell Your FTX Customer Claim
by Gunnar Larson 21 Oct '24

21 Oct '24

https://www.x-claim.com/resources/claim-diligence How to Sell Your FTX Customer Claim (for other cases, contact our team) To sell your FTX customer claim you will be required to provide: - evidence of your ownership of the claim and verified KYC status - evidence of your FTX account holdings and history Required Items From Inbox Kroll email from March 2023 Subject: FTX - Your Scheduled Claim Information and Unique Customer Code Customer claim form PDF From: noreply.efiling(a)ra.kroll.com Confirmation of your E-Ballot submission Subject: FTX - Ballot Confirmation Number From FTX CLAIMS PORTAL Screenshot of account holdings Image must display customer email address Screenshot of KYC status Visit KYC item #3. Image must display customer email address. Account history (3) .csv files for Balances, Deposits and Withdrawals KYC Government photo ID Other Live video screenshare to verify authenticity of #1-7 above ADDITIONAL DILIGENCE AS NECESSARY Please note that this list is not exhaustive and any buyer may request additional materials to satisfy their internal KYC and claim validation requirements

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Re: xNY.io | Palantir Technologies Board of Directors - Securities Fraud and Computer Crimes
by Gunnar Larson 21 Oct '24

21 Oct '24

Dear Palantir Board of Directors: xNY.io - Bank.org contacted Palantir on February 8, 2022 concerning <https://docs.google.com/document/d/1Oej5gM5wuftu68eVkXTR4wWqoHREP2zg3nwlH1H…> request for the resignation of Mr. Peter Thiel from the Board of Directors of your esteemed organization. Furthermore, Palantir’s Board of Directors failed to respond to xNY.io’s February 18, 2022 memo urging <https://drive.google.com/file/d/1NMs-8HFD_Rrnkw4ePUhQSvJSGwhU70F9/view?usp=…> Palantir’s Board of Directors to act in resonance with the law. On April 11, 2022 Meta Platforms responded to xNY.io - Bank.org concerning our aforementioned request. xNY.io - Bank.org recently became privied to a Cambridge Union Society event that features Mr. Thiel that seemingly exacerbates our February 8, 2022 resignation request. Wednesday 8 May 2024 Debating Chamber - Peter Thiel - Cambridge Union Society (Video w/ Protests): https://drive.google.com/file/d/1-UzMRXxN5cy1rpUEa9Zn1tC1kSo-sI4a/view?usp=… Given several factors concerning plausible deniability, xNY.io - Bank.org is renewing request for Mr. Thiel's resignation from Palantir by Monday October 21, 2024 by Noon EST or we will seek relevant inductive relief in California (tortuous interference). Warm regards, Gunnar -- Gunnar Larson xNY.io - Bank.org 917-580-8053 On Mon, Apr 11, 2022, 11:49 PM Chollet, Nicki < NChollet(a)kilpatricktownsend.com> wrote: > Dear Mr. Larson, > > We have reviewed your additional correspondence and are still unable to > determine the merits of your claim. Before we can properly evaluate or > respond to your claim, you will need to provide additional details > regarding the basis for your claim and documentation of your relationship > with Moscow Exchange or ownership in the Moscow Exchange mark (for example, > trademark registration certificates evidencing your ownership of the > alleged marks in question). > > Meta Platforms reserves all rights. > > > Sincerely, > > > > > > > *Nichole Davis Chollet **Kilpatrick Townsend & Stockton LLP* > Suite 2800 | 1100 Peachtree Street NE | Atlanta, GA > <https://www.google.com/maps/search/1100+Peachtree+Street+NE+%7C+Atlanta,+GA…> > 30309-4528 > <https://www.google.com/maps/search/1100+Peachtree+Street+NE+%7C+Atlanta,+GA…> > > office 404 > <https://www.google.com/maps/search/1100+Peachtree+Street+NE+%7C+Atlanta,+GA…> > 815 6010 | cell 404 906 6948 | fax 404 541 3387 > nchollet(a)kilpatricktownsend.com | My Profile > <http://www.kilpatricktownsend.com/en/People/C/CholletNicholeDavis> | > VCard <http://www.kilpatricktownsend.com/vcard/NicholeDavisChollet.vcf> > > *From:* Gunnar Larson <g(a)xny.io> > *Sent:* Sunday, April 10, 2022 8:29 PM > *To:* Chollet, Nicki <NChollet(a)kilpatricktownsend.com> > *Cc:* cypherpunks <cypherpunks(a)lists.cpunks.org> > *Subject:* Re: xNY.io | Palantir Technologies Board of Directors - > Securities Fraud and Computer Crimes > > > > > > > > Ms. Chollet: > > > > See here. > > > > Gunnar > > > > On Sun, Apr 10, 2022, 8:26 PM Gunnar Larson <g(a)xny.io> wrote: > > FYI > > > > ---------- Forwarded message --------- > From: *Gunnar Larson* <g(a)xny.io> > Date: Sun, Apr 10, 2022, 8:25 PM > Subject: Re: xNY.io | Palantir Technologies Board of Directors - > Securities Fraud and Computer Crimes > To: <investor(a)fb.com>, <Investors(a)palantir.com> > Cc: cypherpunks <cypherpunks(a)lists.cpunks.org> > > > > Ping. > > > > On Wed, Mar 16, 2022, 9:21 PM Gunnar Larson <g(a)xny.io> wrote: > > Dear Palantir Board of Directors: > > > > xNY.io would like to understand "Gotham's" role in a recent Gothamist > article: > https://gothamist.com/news/city-settles-lawsuit-protesters-who-accused-nypd… > . > > - What xNY.io is asking is if Palantir's board of directors has used > the software platform Gotham against New Yorkers at the financial benefit > of Palantir? > - Furthermore, xNY.io would like to understand if Palantir's Gotham > software is responsible for monitoring New York State transactions with > PayPal. > - Finally, given that Mr. Theil severed on Facebook's Board and > Palantir's board at the same time, we would like any and all > documents related to Palantir's filing for Permission For Interlocking > Directorates, according to New York law: > https://www.dfs.ny.gov/apps_and_licensing/banks_and_trusts/other/Permission… > . > > xNY.io is concerned that Palantir's board is operating various schemes at > the expense of New Yorkers via your Gotham software product. Doing so with > intent would be a serious computer crime concern. Mr. Thiel is > familiar with Gawker > <https://www.wired.co.uk/article/ryan-holiday-conspiracy-peter-thiel-gawker-…>, > and xNY.io is debating if Palantir's Gotham software product is the next > Gawker. > > > > Comment from Facebook's board of directors would be ideal given the logic > of this concern. > > > > Very best, > > > > Gunnar larson > > > > -- > > *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 Sat, Feb 26, 2022 at 12:29 PM Gunnar Larson <g(a)xny.io> wrote: > > Dear Palantir Board of Directors: > > You have yet to respond to xNY.io’s February 8, 2022 memo concerning > <https://docs.google.com/document/d/1Oej5gM5wuftu68eVkXTR4wWqoHREP2zg3nwlH1H…> > a reasonable request for the resignation of Mr. Peter Thiel from the Board > of Directors of your esteemed organization. Making matters worse, > Palantir’s Board of Directors failed to respond to xNY.io’s February 18, > 2022 memo urging > <https://drive.google.com/file/d/1NMs-8HFD_Rrnkw4ePUhQSvJSGwhU70F9/view?usp=…> > Palantir’s Board of Directors to act in resonance with the law. > > · Today’s correspondence > <https://docs.google.com/document/d/1cRuyS6IUS-8j8yKjOvs7Mx1V85zbMGfg6hyV6g2…> > (memo attached) mints xNY.io’s overall concern of being victim to > Palantir’s Board of Directors conspiracy to commit Computer Crimes and > Securities Fraud. > > · xNY.io has made 185 highlights to the Prosecuting Computer > Crimes Manual > <https://drive.google.com/file/d/11tbgHgDg8qagomO-NBffvIFpxXKmBC3g/view?usp=…>, > issued by the DOJ Computer Crime and Intellectual Property Section Criminal > Section. > > · xNY.io has made 85 highlights to the FDIC’s Office of Inspector > General’s investigation > <https://drive.google.com/file/d/1mTHY9KMc6pK9T-brBhweEJlWfbka0fTg/view?usp=…> > outlining Palantir’s Board of Director’s likely exploiting vulnerabilities > in your system to conduct malicious cyber activities. > > · xNY.io now has logical concern of active Securities Fraud > <https://en.wikipedia.org/wiki/Securities_fraud> sponsored by Palantir’s > Board of directors that may be a threat to xNY.io’s international > enterprise (chart detail attached). > Seemingly, Meta’s Board of Directors (FB) embody xNY.io’s similar, logical > approach. > > > > How would you like to proceed? Warm regards, > > > > Gunnar Larson > > > > -- > > *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 > > > > ---------- Forwarded message --------- > From: *Gunnar Larson* <g(a)xny.io> > Date: Fri, Feb 18, 2022 at 3:45 PM > Subject: Re: Imploration of Peter Thiel Resignation, Palantir Technologies > Board of Directors > To: <Investors(a)palantir.com>, <investor(a)fb.com> > Cc: cypherpunks <cypherpunks(a)lists.cpunks.org> > > > > Dear Palantir Board Members: > > > > xNY.io seeks Palantir's immediate response on the extremely reasonable and > overall logical request regarding Mr. Thiel, alleviating any co-conspiracy > concerns of your directorate. We are tracking Palantir's Board now behind > the reasonable 02/14/22 deadline at the expense of xNY.io (given our > general perception of xNY.io related files being hosted on your platform). > > - Humbly, Palantir's Board may want to assure the United States that > Palantir's Board is not sponsoring the next Cambridge Analytica. > - Furthermore, xNY.io is designed <https://xny.io/whitepaper>to > sidestep such unnecessary circumstances > - xNY.io points to the New York Post's report > <https://nypost.com/2021/08/25/fbi-palantir-glitch-allowed-unauthorized-acce…> on > a "glitch" in Palantir's system allowing Cambridge Analytica type access to > private data. > > *Make no mistake, it is not xNY.io's fault if Mr. Thiel is potentially > sacrificing the purity of Palantir's Board.* > > > > What does Palantir have to lose in doing the right thing here? xNY.io > further hints that it is not our overall problem if Palantir's Directorship > wishes to self-destruct against scientific law <https://xny.io/> (aka > modern logic). History provides the epic example > <https://thecapital.io/article/directorates-who-discredit-truthful-witnesses…> of > Enron and a cunning Board of Directors of misleaders, a team of flimflam > artists who used sly rhetorical skills to bamboozle the public, turning > night into day. In this conception, directorates tell stories only in order > to seduce and beguile regulators who fall prey to the advocate’s > star-crossed tricks. > > - Potentially best said by Senator John Mccain, “And the persons who > ultimately are harmed by all of this, of course, is the average consumer, > the average citizen, who has no knowledge, unless it paid attention to this > hearing, of the extent of the manipulations that have been carried out by > the largest financial institutions in America and, indeed, probably the > world.” > > Forgive the efficient, yet candid locker room talk above. We are not > saying Palantir's Board is crooked. But, you can imagine xNY.io's next > correspondence should not be necessary. > > > > Very respectfully yours, > > > > Gunnar Larson > > -- > > *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 Tue, Feb 8, 2022 at 5:20 PM Gunnar Larson <g(a)xny.io> wrote: > > Dear Palantir Board of Directors: > > Today’s memo implores > <https://docs.google.com/document/d/1Oej5gM5wuftu68eVkXTR4wWqoHREP2zg3nwlH1H…> > the resignation of Mr. Peter Thiel from the Board of Directors of your > esteemed organization. > > · Reasonable expectations support this resignation on or before > Monday February 14, 2022 at Noon EST. > > · Failure in the resolution of the resignation concerned may be a > threat to xNY.io’s international enterprise (detailed below). > > · Simple logic behind our request coincides with the February 7, > 2022, 4:07 PM EST > <https://www.bloomberg.com/news/articles/2022-02-07/peter-thiel-to-leave-met…> > Bloomberg News report of Mr. Thiel’s resignation from Meta’s Board of > Directors. Bloomberg cited that Mr. Thiel plans to explore political > endeavors that perhaps would be a conflict of interest to sacred Board > Director entitlement responsibilities. > > > > Kindly find the attached memo addressed to the attention of Palantir's > Board of Directors. > > > > Respectfully yours, > > > > Gunnar Larson > > -- > > *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 > > > > ------------------------------ > > Confidentiality Notice: > This communication constitutes an electronic communication within the > meaning of the Electronic Communications Privacy Act, 18 U.S.C. Section > 2510, and its disclosure is strictly limited to the recipient intended by > the sender of this message. This transmission, and any attachments, may > contain confidential attorney-client privileged information and attorney > work product. If you are not the intended recipient, any disclosure, > copying, distribution or use of any of the information contained in or > attached to this transmission is STRICTLY PROHIBITED. Please contact us > immediately by return e-mail or at 404 815 6500, and destroy the original > transmission and its attachments without reading or saving in any manner. > > ------------------------------ > > ***DISCLAIMER*** Per Treasury Department Circular 230: Any U.S. federal > tax advice contained in this communication (including any attachments) is > not intended or written to be used, and cannot be used, for the purpose of > (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, > marketing or recommending to another party any transaction or matter > addressed herein. >

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Re: Morning Spam
by Undescribed Horrific Abuse, One Victim & Survivor of Many 20 Oct '24

20 Oct '24

> partial nice idea! sad that only partial >> >> the idea starts with context: some of us have the experience of being >> manipulated by something like AI without regard to our wellbeing or >> capacity, with no indication of how to communicate with where-ever the >> influence comes from. >> >> so, then the idea: let’s train an influence AI on agents that have >> _limited capacity_ and function poorly and then break if things that work >> some in the short term are continued for the long term or excessively :D >> >> the AI would follow the familiar pattern of discovering influences that >> work, and then using them, but then because we are doing the training we >> would get to train it on the breaking period, and show it that it needs to >> care for the agents for them to succeed, and nurture them to recover if it >> broke them, and not repeat breaking any. >> >> one idea is then we could ask everybody to use the model as a baseline to >> train other models! other ideas exist. >> >> but the idea of building comprehension of capacity and protection of >> safety and wellness seems nice. sorry if it’s partial or stated badly :s >> >> i imagine an agent that has like a secret capacity float that reduces >> when it does stuff, you could model it to different degrees, and when too >> many things are influenced of it the capacity float reaches zero and the >> agent breaks and can’t do things any more :/ >> >> a more complex model could involve the agent recovering capacity in ways >> that the model has difficulty learning >> > > there are a few ideas, mostly involving simple models, but disagreement > around them. > some like modeling non-recovering capacity and showing how the AI then > maximizes reward by killing all the agents :s > but! maybe we could do non-recovering capacity and teach the AI to engage the agents slowly so their capacity lasts longer, by e.g. having the capacity reduction be a function of recent use?? the project would need to gently develop in order to help us in the long term, we’d need to include the concept that we can succeed so that we use it to succeed in some manner. because it’s an influence AI it could influence us, if it is something we actually all like doing that. >

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