Iβm trying to understand how the reverse Morse trust works, from how it sounds I believe the spin off would be in a distribution like a dividend, thus the share value of AT&T would fall by the same value as the shares in Warner Media Discovery you receive. Is it instead a share conversion? Where if you own say 100 shares of AT&T, you then would receive 15 Warner Media Discovery shares and be left with 85 AT&T shares (assuming the shares are the same price). The option market seems to believe there is not going to be the large dividend but it sounds like that is what will happen from what Iβve read. Would love it if someone cleared this up for me.
This article came across Bloomberg and contains a lot of the same language. A deal has been and is still in negotiation to the point a deal could be announced as soon as this week, or could fall apart.
βThe idea is to combine Discoveryβs reality-TV empire with AT&Tβs vast media holdings, building a business that would be a formidable competitor to Netflix Inc. and Walt Disney Co. β
https://finance.yahoo.com/news/t-talks-combine-content-assets-140611696.html
I have some old P&G stock and I'm trying to determine the tax implications to me regarding the COTY exchange offer.
In today's podcast, Zach asked Simmons how bullish he was on the Clippers and his answer was woah. I didn't know he was this low on their chance. He doesn't believe in the team at all. The whole quote sounds even more depressing.
> I just don't like their team. I don't like the make-up of their team. I don't like the players together. I look at this Clippers team. Who is making somebody else better on that team? It's a bunch of cars parked in the same parking lot. There just kinda in their own spaces. I really thought they needed to make a trade. I don't think they can go another playoffs with Lou Williams. He's a terrible playoff player.
> Beverly is not nearly enough offense. Morris is a ball stopper. I don't trust Zubac. I don't trust Nic Batum at all. Just wait till down 3-2, Game 6, a minute left down 2, he's wide open in the corner. That thing is hitting the side of the backboard. This team is going to go war for four straight rounds? I don't see it. Not to mention George is all over the place. There was a story the other day PG he'd skipped a game due to dizziness because he had too much coffee. This is the shit that happens to my son.
Didn't know about that PG story about drinking coffee, either. Wild.
Source - Around 74:00 mark.
Introduced: Sponsor: Rep. RaΓΊl Grijalva [D-AZ3]
This bill was referred to the House Committee on Education and Labor and House Committee on Natural Resources which will consider it before sending it to the House floor for consideration.
Rep. RaΓΊl Grijalva [D-AZ3] is the chair of the House Committee on Natural Resources. Rep. RaΓΊl Grijalva [D-AZ3] is a member of the House Committee on Education and Labor.
I have now found a couple posts on This subreddit of people who almost feel victim too a scam if it wasn't for a quick reverse imagine search I made, it is by fair one of the simplest safety measures you can take when it comes too buying and it's saved my ass and others quite a couple times
Signals from that esoteric (and hence media-misunderstood) corner of the banking system known as the repo market have been making neon-flashing warning signs.
Traditionally, the reverse repo market is where banks went to borrow from banks, typically offering collateral (US Treasuries) for some short-term liquidityβi.e., money at low rates.
But in September of 2019, those rates spiked dramatically for the simple reason that banks began distrusting each otherβs credit risk and collateral. Thatβs a bad sign.
What is happening now is that the Fed, rather than the commercial banks, are taking a much greater role in back-stopping this increasingly fractured intra-bank repo (credit) market.
And unlike retail clients paying double-digit rates for credit lines, the Fed has lifted the interest (IER) they pay to banks (no shocker there) as banks are parking more money at the Fed where they are exchanging cash for Treasuries in a now unignorable flight to safety.
As a result, the repo market has skyrocketed as banks are parking nearly $1T at the Fed
I let the bank know and I think we have a year to sell and settle up. Will they want the full amount of the initial value of the property when she did the RM (365K), or what I can get out of it in todays market (460K). Or is the loan she took out from whatever LOC she got when she did the RM (which is the current balance is 85K) what we pay back?
I have no clue how RMs work, so any help is appreciated
Iβm trying to understand how the reverse Morse trust works, from how it sounds I believe the spin off would be in a distribution like a dividend, thus the share value of AT&T would fall by the same value as the shares in Warner Media Discovery you receive. Is it instead a share conversion? Where if you own say 100 shares of AT&T, you then would receive 15 Warner Media Discovery shares and be left with 85 AT&T shares (assuming the shares are the same price). The option market seems to believe there is not going to be the large dividend but it sounds like that is what will happen from what Iβve read. Would love it if someone cleared this up for me.
