Noreen Morioka’s Post

From $44 Billion to $4 Billion

Tell us you want to declare for bankruptcy protection without telling us you want to declare for bankruptcy protection. https://lnkd.in/e4-pabCt

BREAKING NEWS🚨: U.S. Securities & Exchange Commission sues Tesla CEO Elon Musk over his $44 billion Twitter acquisition Source: Barchart SEC Files Subpoena Enforcement Action Against Elon R. Musk Seeking an Order Compelling his Attendance for Investigative Testimony The SEC” announced that it has filed an application seeking an order directing Elon Musk (“Musk”) to comply with an investigative subpoena calling for his appearance for testimony, with which Musk failed to comply. According to the SEC staff’s filing in the U.S. District Court for the Northern District of California, the testimony subpoena to Musk relates to an ongoing investigation by the SEC regarding, among other things, potential violations of various provisions of the federal securities laws in connection with (a) Musk’s 2022 purchases of Twitter, Inc. (“Twitter”) stock, and (b) Musk’s 2022 statements and SEC filings relating to Twitter. According to the filing, the SEC seeks Musk’s testimony to obtain information not already in the SEC’s possession that is relevant to its legitimate and lawful investigation. According to the filing, Musk failed to appear for testimony as required by the investigative subpoena served by the SEC, despite: (1) agreeing to appear for testimony on a mutually agreed upon date in September 2023; (2) having been served with a subpoena in May 2023 requiring his appearance for testimony in the SEC’s San Francisco Regional Office on that mutually agreed upon date; and (3) raising no objection to the subpoena from May 2023 until two days before his scheduled testimony date in September 2023, when Musk notified the SEC that he would not appear. According to the filing, Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections.  

...And he lied, not even magnificently. If I used to think of Jobs "inspirative speeches" as a talk by a little bit more than a glorified car salesman, now with Musk it's a used car salesman talk. So, I think I wouldn't lie, overexaggerate, or make up if i say that Musks future as a used cars salesman is secured (And I also hope that Moms Corp and its subsidiaries will be shut off, except for Starlink, namely, Starlink's a high quality and realiable product, at least judging by the reviews I've read so far), as soon as he gets out of prison for money and funds abuse related crimes. So, please, make a reasonable decision and take Twitter from his sticky and undersized hands (I bet they are the same size as Trumps, however, also soft and creamed:)), while hopefully orifices of his body will be creamed as well when he goes in prison for money laundrey, abuse of funds, etc.) hands and restore it to its former glory to the joy of the true and authentic progressive liberals (when I say progressive liberalism, I certainly don't think of the madman Milei and his extreme right populism, anarcho capitalism, or AI assisted authoritarianship discuised as liberalism and freedom) and certainly not the current bunch of techies, an obnoxious wannabees, mama's boys joined by political analphabets such as Tucker Carlson (I think this is the part of my post to comment on this extremely obnoxious republican maga thug)

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Twitter ‘unfit’ for banking over alleged complicity in Saudi rights abuses | Saudi Arabia | The Guardian ⬇️⬇️⬇️ The company formerly known as Twitter is “unfit” to hold banking licenses because of its alleged “intentional complicity” with human rights violations in Saudi Arabia and treatment of users’ personal data, according to an open letter sent to federal and state banking regulators that was signed by a law firm representing a Saudi victim’s family. The allegations by lawyers representing Areej al-Sadhan, whose brother Abdulrahman was one of thousands of Saudis whose confidential personal information was obtained by Saudi agents posing as Twitter employees in 2014-15, comes as Twitter Payments LLC, a subsidiary of X (the company formerly known as Twitter), is in the process of applying for money-transmitter licenses across the US. … In their letter, which is addressed to “attorneys general and banking commissioners across 50 states” and was obtained by the Guardian, lawyers at Walden Macht & Haran LLP argue that X’s prior and current conduct deserves “serious and careful investigation”, including allegations that X acted at the direction of Saudi Arabia in furtherance of the kingdom’s campaign of transnational repression. —- Twitter ‘unfit’ for banking over alleged complicity in Saudi rights abuses | Saudi Arabia | The Guardian https://lnkd.in/eXaCHK4j https://lnkd.in/eu4j8J8v

Finra is taking action against individual brokers who use WhatsApp. Check out my take on this issue with InvestmentNews and Bruce Kelly below and what this means for financial advisors. #Finra #WhatsApp #financialadvisors Read the full article here: https://lnkd.in/edz8V8jf

SEC obtains Wall Street firms’ private chats in probe of WhatsApp, Signal use The US Securities and Exchange Commission has "collected thousands of staff messages from more than a dozen major investment companies" as it expands a probe into how employees and executives at Wall Street firms use private messaging platforms such as WhatsApp and Signal "The executives gave their personal phones and other devices to their employers or lawyers to be copied, and messages discussing business have been handed to the SEC" #SEC #WallStreet #finance #messaging #encryption #whatsapp #signal #technology #tech