Article: Amazon, Stock Compensation & Equity Valuation

Article - Media, Publications

Amazon, Stock Compensation & Equity Valuation

TYLER DURDEN, 01 April 2021

Bloomberg News recently published an article, Amazon Fights Union Drive With Fact-Free Bombast, discussing Amazon’s alleged use of misinformation to prevent employees from unionizing. In the same manner Kailash recused itself from having a “bull” or “bear” thesis on Bitcoin, we will recuse ourselves from any discussion of unions. What we would like to draw our readers’ attention to however is the method by which Amazon pays many senior executives. In the Bloomberg article it noted that the former head of Amazon’s logistics business was awarded stock compensation worth $160 million dollars. Continue reading “Article: Amazon, Stock Compensation & Equity Valuation”

Article: Amazon calls on India not to alter e-commerce investment rules – sources

Article - Media, Publications

Amazon calls on India not to alter e-commerce investment rules – sources

Aditya Kalra,  25 March 2021

NEW DELHI (Reuters) – Amazon asked the Indian government on Thursday not to change e-commerce foreign investment rules until investigations into its business practices had been concluded, two sources familiar with the discussions told Reuters.

The commerce ministry met e-commerce players after allegations by retailers, which are a crucial part of Prime Minister Narendra Modi’s support base, that Amazon and Walmart’s Flipkart create complex structures to bypass federal foreign investment rules and damage small traders.

Both companies deny any wrongdoing and say they are helping small businesses in India. Continue reading “Article: Amazon calls on India not to alter e-commerce investment rules – sources”

Article: The future of bitcoin with Max Keiser, plus the US’s bombing addiction, and surveillance capitalism

Article - Media, Publications

The future of bitcoin with Max Keiser, plus the US’s bombing addiction, and surveillance capitalism

RT NEws,  19 March 2021

Max Keiser is Lee Camp’s guest this week, for a conversation about bitcoin. Keiser argues that bitcoin has the potential to change the world in a progressive direction by replacing government-controlled fiat currencies and democratizing the economy. They discuss the future of bitcoin, market manipulation by the oligarchs at the top of the system, how cryptocurrencies can make imperialist wars irrelevant, and the real inflation rate.

After that, Lee explores the results of a new study by the women’s peace organization CODEPINK, which found that, over the past 20 years, the US has dropped an average of 46 bombs a day.

Finally, Natalie McGill reports on the surveillance system Flock, which is similar to the Amazon Ring, but offers extra, creepier methods of invading the privacy of your neighbors. She also looks into a new web search engine from the browser Brave, which allows you to surf anonymously, block third-party vendors from scraping your info, and prioritize independent news sites in search results.

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CEO: Jeff Bezos

CEO, People

Jeffrey Preston Bezos  (/ˈbeɪzoʊs/; né Jorgensen; born January 12, 1964) is an American internet entrepreneur, industrialist, media proprietor, and investor. He is the founder and CEO of the multi-national technology company Amazon. He is the richest person in the world according to the Forbes Real-Time Billionaires ranking.

Born in Albuquerque and raised in Houston and later Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994, on a cross-country road trip from New York City to Seattle. Continue reading “CEO: Jeff Bezos”

Hedge Funds are Getting Crushed by the Worst Short Squeeze in a Quarter Century

Article - Media
Matt Egan | 21.02.02
A mob of traders on Reddit’s WallStreetBets page have sent GameStop (GME), AMC (AMC) and other stocks skyrocketing in recent days. GameStop lost a quarter of its value Monday but it’s still up nearly 1,200% on the year. WallStreetBets successfully triggered an epic short squeeze, where investors that bet against GameStop have been forced to unwind their bets and buy the stock back. That in turn has driven GameStop even higher, creating even more losses for short-sellers.

Continue reading “Hedge Funds are Getting Crushed by the Worst Short Squeeze in a Quarter Century”

Article: Counter-Strike trading found to be ‘nearly all’ money laundering

Article - Media, Publications

Counter-Strike trading found to be ‘nearly all’ money laundering

Alex Hern,  30 October 2019

The gaming firm Valve has halted trading of some in-game items in its popular multiplayer shooter Counter-Strike: Global Offensive after discovering that “nearly all” of the trading was part of a money-laundering scheme run by “worldwide fraud networks”.

In CS:GO, players can earn containers with cosmetic items, which can be unlocked using keys bought either in-game or for real money from other players.

Valve said it had closed the market between players, and in patch notes for the latest version of CS:GO – first reported by Motherboard – it gave its reasons. Continue reading “Article: Counter-Strike trading found to be ‘nearly all’ money laundering”

Web: Arne Alsin’s Article on Fails-To-Deliver


Arne Alsin’s Article on Fails-To-Deliver

Bud Burrell, Arne Alsin

RealMoney cited by Sanity Check via Wayback, 17 April 2006

There is a systemic problem in the equity market, but the magnitude of the problem is impossible to gauge because the parties involved refuse to answer a simple question: Why?

My mutual fund purchased five blocks of stock in Overstock (OSTK:Nasdaq) during the first quarter. There was a failure to deliver shares in four out of the five purchases, with delays for delivery lasting as long as three weeks. Nobody can tell me why shares were not delivered within the requisite three-day settlement period — the so-called T+3 requirement.

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