• 78 Posts
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Joined 1 year ago
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Cake day: July 22nd, 2023

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  • In my view they’ve changed the presentation of Plan a few times.

    They had Maginot Lines, first just buy from Robinhood, then a “real” broker, then DRS (huge battle) , the Plan is great because better, than broker, then Book only…reddit mods who participated in any of that were complicit. If they didn’t get paid for that self-compromise they’re morons.

    Sparkles might be both.

    I still think Plan is better than broker, registered to holder and voting. But door is ajar and unlocked.

    They fought every step: In a way that was a kind of a diagram by itself.









  • SubDRSiveOPtoDRS Your GMETuesday Tuesday Tuesday
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    5 months ago

    So far today the CEO of HSBC has suddenly resigned… https://archive.ph/SgxD2

    archive.today webpage capture Saved from https://www.bbc.com/news/articles/czkvnd4g44ro no other snapshots from this url 30 Apr 2024 13:31:34 UTC

    HSBC chief executive unexpectedly steps down 7 hours ago João da Silva, Business reporter

    Noel Quinn has led the banking giant for nearly five years HSBC’s group chief executive Noel Quinn is unexpectedly retiring after nearly five years in the role. Europe’s largest bank says it is in the process of finding a successor for 62-year-old Mr Quinn, who will stay in the role until a new chief executive is named. HSBC is considering candidates from both inside and outside the firm. It comes as the UK-based lender reported a 1.8% drop in profit for the first three months of 2024, compared to the same time last year. The company said that its pre-tax profit for the period came in at $12.7bn (£10bn), which was a little better than expected by market analysts. "After an intense five years, it is now the right time for me to get a better balance between my personal and business life,” Mr Quinn said. Mr Quinn, who has worked at HSBC for 37 years, was first appointed as its chief executive on an interim basis in 2019, after his predecessor John Flint was ousted from the role. In March 2020, he took the reins of HSBC on a permanent basis. “[Mr Quinn] has driven both our transformation strategy and created a simpler, more focused business that delivers higher returns,” HSBC’s chairman Mark Tucker said. Along with its quarterly results, the bank announced an interim payout to investors of $0.10 per share and said it would buy back up to $3bn of its shares. HSBC recently completed the sale of its operations in Canada and announced plans to do the same with its business in Argentina. The sales are part of efforts by the London-based bank to focus more on faster-growing markets in Asia. Shanti Kelemen, chief investment office at M&G Wealth, told the BBC’s Today programme that it “has probably been a very intense five years” and that Mr Quinn “has had a very long career”. She said that Mr Quinn had changed the shape of the bank during his time at the top, by such actions as selling HSBC’s Argentina business, leaving Canada, and stepping up Asia operations. “What he’s done will probably reverberate and determine the path of their success for certainly several years to come,” she added. UK banking International Business HSBC








  • The target is any industry that cuts costs. The terrorists are MBAs.

    There should have been more crew. There should have been tugboats escorting the ship so an engine failure wouldn’t endanger a public bridge.

    They are externalising any possible cost and then spreading bs conspiracies.

    The train that blew up in Ohio was less than an hour from Pittsburgh. If it it had happened there, how much damage and death would have resulted? Every us railroad is cutting costs, tearing up track the MBAs don’t understand the immediate use for.

    Anything happens, that’s what the taxpayer is for.

    Remember this shittiness when they’re in prison. Faulty lights, expensive internet that’s slow, fires, foul drinking water, etc. We need to constantly rub their noses in all possible cost cutting, while posting signs about how the prison is having a record year.







  • We aren’t acquainted. I have read his posts sometimes.

    Then noticed he was being “debunked” and attacked on a sub while on break earlier this year and thought it odd. Maybe I missed something? I don’t go on Twitter, so miss things.

    So I went to read his own site. I don’t agree perfectly with all of his assertions, but un general didn’t see attempts to undermine or divide. He likes researching and digging and connecting. All good things to me.

    I am aware that his assertion that heatlamp is debunked may aggravate some, I think it’s more nuanced than has been presented by “both” sides, and agree that it smells a little like a purity test.

    If we’re going to have actual discussions, I want to make way for others who keep open so they feel welcome. I don’t have religion about theories, the truth will out and is my friend. Sometimes theories are a light held up that shines through previous misconceptions. But they are also not perfect.

    First thing, many bought from brokers for a while. There was a severe resistance to DRS at first, and a lot of arguing and FUD.

    Then came Book vs Plan, then more about how CS works…we’re still learning and some stuff won’t be truky known until it’s hindsight.

    If Plan isn’t really DRS, why was I able to vote before I had mine all Booked? CS treated me like a stockholder.

    I see it as vitally important to present accurate info if this place is going to be respected. We’ve seen what happened to Bets and to Superstonk and to PP.

    If a person holds in Plan and can help vote to keep the board whole, I am not going to criticise theur choice. It’s their life, their holdings, their comfort zone, their account.

    I feel that I am not an expert here. I’m trying to jump start this place by bringing things I find for general consideration and interest, so that more people might see this as a resource and a non-scary place to post their own thoughts and questions, so we can all learn.

    If I’ve misjudged this place and brought objectionable things like a cat bringing a dead mouse, please advise and I’ll desist.




  • Also, if anyone finds out that they can’t vote with Plan shares, please post about it.

    I’m a Book person myself, but appreciate anyone who buys and holds, however they do it. The whole stock buying experience is a confusing mess, purposefully designed to separate investors from their funds, it makes cryoto look honest, so not looking down on someone for trying. I think it’s great that this site tries to help.

    I would like ti see DRS as the default, like it was when there were paper shares. Iirc, Australia does it by default now.