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Another Thursday, another Fadernight with Jon Rappoport and his No More Fake News Room Live… followed by open-lines all night long.
Tonight we feature Christopher O’Brien who announces his UFODAP automated camera science project in the San Luis Valley… and then we open up the phone lines and most of the conversations were centered are the recent evacuation of the National Solar Observatory in Sunspot, New Mexico.
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Daily Rabbit Hole #424
1) Phone call from Solar Observatory
2) Soros and Reddit censorship
2) Google staff resigning
3) Owen Benjamin censored once again
I bet James Comey woke up this morning to soilded sheets after former federal prosecutor Joe diGenova went on Fox News to report on the release of new text messages between Peter Strzok and Lisa Page.
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Alex Pappas for FOX News reports, Former Trump campaign chairman Paul Manafort pleaded guilty in federal court Friday as part of a plea agreement that involves cooperation with Special Counsel Robert Mueller.
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Jim Hoft for the Gateway Pundit reports, Obama-Hillary Fired Benghazi Heroes When they Got to Germany – Made Them Find Their Own Way Back to US. Barack Obama knew about the Benghazi Consulate terror attacks 90 minutes after they began on 9-11.
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Report date: 09.14.2018
Bank of England is warning that if there is no deal BREXIT the entire economic system will come crashing down but the banks will be ok. Central bankers threatening those who want to leave. Sears is going down, they can not survive and in the next couple of months most likely after the holidays Sears will not exist. Retail sales decline, more stores close as the economy implodes on itself. The entire system is cannot survive the central banking system, get ready for a new economic system.
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Report date: 09.14.2018
We are now seeing an all out ban on social media platforms. They deep state is trying to hide the truth, they will not succeed. The deep state is preparing to counter the MOAB, they are using using projection to show the government uses fake news and Facebook will now tell if a photo or video is real or not.The PM of Iraq will not run for another term. Trump lashes out at Kerry for interfering with government business and wants to know if Kerry has registered as a foreign agent. France is warning if Idlib is attacked the paid mercenaries won’t have any place to go and they will scatter, once again not true, look at the other towns that were liberated, the paid mercenaries were captured, transported by the deep state, what they are worried about is that if Idlib is liberated it is game over.
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Authored by Shuli Ren, first published on Bloomberg
On a Sunday night 10 years ago, I was sitting alone in my midtown Manhattan apartment on 46th Street, preparing to dial into a conference call to discuss the impending demise of my employer: Lehman Brothers Holdings Inc.
That morning, Sept. 14, it had become widely accepted that Lehman would go into bankruptcy. Farewell and personal-contact emails started to stream in from colleagues. I wondered whether we would be able to return to work Monday.
The call was like a tall glass of Kool-Aid. Lehman would probably find a buyer, and as part of the “good bank,” our team would be on safer ground, we were told. We could also market our group and perhaps find a new home. I drank with gusto.
I, and probably many others, thought there was no way Lehman would be liquidated, and that my quantitative equity research group would be all right.
Sure, Lehman held toxic assets. But for years, it had also housed Wall Street’s top-ranked fixed-income and equity research divisions. They must be of some value. We weren’t greedy bankers who packaged rotten meat into fancy sausages; we were the good ones, I reasoned.
For me, a senior associate, the final days of Lehman weren’t the Fall of Rome or the sinking of the Titanic. It was eerily quiet at 745 Seventh Avenue. I was running regression models and documenting my work — all the way until October — in an emptying office.
It was easy to be in denial. We had become used to walking by rows of empty desks piled with used BlackBerry mobile phones — a daily reminder that Lehman, and other firms, had already cast thousands out into a banking equivalent of “The Hunger Games.” In the 12 months through October 2008, New York City shed about 16,300 securities industry jobs.
So the best course of action was to hang on, work hard and prove our group’s worth. Once out, we could be staring at years of unemployment, fighting with multitudes for a handful of openings.
During the ensuing month, things almost started to look up. Barclays Plc bought Lehman— and us — some time. We chatted with a few hedge funds and even met with my current employer, Bloomberg LP, which was just starting to develop in-house credit research tools.
The real crash for me came on a bleak October Friday afternoon. Our managing director was fired and we all knew our Enterprise Valuation Group was done. I started sending out my resume.
Looking back, the writing was all over the wall. Our group was overly ambitious, deploying our research for prop trading as well as trying to sell to third parties. Barclays had no appetite for this oddball hybrid; all it saw was a cost center. But having developed so much camaraderie with colleagues, we were too emotionally involved and it was hard to see clearly what was happening.
When I left Barclays in February 2009, it felt like the end of the world. Ten years on, the U.S. stock market is having a record bull run. Our group’s capital structure arbitrage model, which predicted companies most likely to reward investors with cash, would have worked beautifully in a market that has since handed out $7 trillion in dividends and buybacks. Our group was ahead of its time.
Lehman’s bankruptcy left its mark. Afterwards, whenever my employer announced a restructuring, my first instinct was to calculate how much time I had before getting the boot. But the bankruptcy also teased me out of my comfort zone and gave me a taste for adventure. Seven years ago, I switched careers, moved continents, and now am happily writing columns about crazy rich Asians.
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(Teresa Yanaros) A recent surge in observatory closures has sparked international media interest and has caused an uproar across communities speculating as to the cause of this phenomenon.
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Marker height off the globe represents depth into the Earth.
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