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Title: Energy Traders Ask For Central Bank Bailouts To Save Them From "Margin Call Doom Loop"
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... ave-them-margin-call-doom-loop
Published: Mar 16, 2022
Author: Tyler Durden
Post Date: 2022-03-16 12:35:31 by Horse
Keywords: None
Views: 169
Comments: 2

The industry needed “time-limited emergency liquidity support to ensure that wholesale gas and power markets continued to function”.

Poster Comment:

We might re-work Dale Carnegie and call this How To Win Campaign Contributors but Lose Elections.

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#1. To: Horse (#0)

The rural water system in L.A. County was losing water. They hired a private investigator.

One day he saw a tanker filling at a hydrant. He followed the tanker to Tom Selleck's 50-acre estate.

They sent Selleck a bill for $65,000 for the cost of the investigation and a "cease and desist" order. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2022-03-16   12:44:29 ET  Reply   Trace   Private Reply  

I fucked up trading stocks, I need a bailout.

I fucked up with my check book, I need a bailout.

It’s the same thing. Except that when I screw up with my checkbook, I end up having to bail myself out and accept the losses. This is so completely unfair to the tax payer it is not even funny.

"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist

TommyTheMadArtist  posted on  2022-03-16   13:54:11 ET  Reply   Trace   Private Reply  

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