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By Pam Martens and Russ Martens: February 26, 2024 ~ According to Form 4 filed with the Securities and Exchange Commission by corporate insiders, ten of
It’s part of a 10b5-1. Was it premeditated months in advance? Do they just need a quarterly hit of cash to make payments on their yachts? Who is to say?
They have a lot of insider info we don’t have access to. However, there are a lot of publicly available indicators pointing to a looming crisis. For example, bad property debt exceeds reserves at largest US banks and this might lead to a similar crash that we saw in 2008 due to subprime mortgage delinquencies. https://archive.ph/snNkw
But why?
It’s part of a 10b5-1. Was it premeditated months in advance? Do they just need a quarterly hit of cash to make payments on their yachts? Who is to say?
Thanks!
They have a lot of insider info we don’t have access to. However, there are a lot of publicly available indicators pointing to a looming crisis. For example, bad property debt exceeds reserves at largest US banks and this might lead to a similar crash that we saw in 2008 due to subprime mortgage delinquencies. https://archive.ph/snNkw