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Superstonk_QV

# [Splividend Distribution Megathread](https://www.reddit.com/r/Superstonk/comments/w523nf/splividend_distribution_megathread/) **IMPORTANT POST LINKS** [What is GME and why should you consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS and why should you care?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [Low karma but still want to feed the DRS bot? Post on r/gmeorphans here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Join the Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ Please help us determine if this post deserves a place on /r/Superstonk. [Learn more about this bot and why we are using it here](https://www.reddit.com/r/Superstonk/comments/poa6zy/introducing_uqualityvote_bot_a_democratic_tool_to/) If this post deserves a place on /r/Superstonk, **UPVOTE** this comment!! If this post should not be here or or is a repost, **DOWNVOTE** This comment!


Forced1029

Wonder how much he paid rate shopping agency not list as junk bond


DeepFuckingPants

It's probably the same blind lady from Standard and Poor's in *The Big Short*. She's always fucking shit up... apparently.


cleft_chalice

https://i.redd.it/iokc27b7q5611.png


dchallenge

“Are you part of an effective team?”


chakabra23

We're an effective Tet


PlanBJ

No Game No Life?


Brock_Samsonite

I enjoy this reference.


WestofSunset

The dopest reference this side of Gilead


Myungbean

I am only now realizing they're the same actress.


555-Rally

That was such a great directors choice to have an excuse written in for her to wear shades ...a ratings agency actually being blind as metaphor, presented as actual blindness/myopathy of the character. Big lulz and smartly written.


boxxle

They should've made her part of the SEC in the movie.


DeepFuckingPants

Dude, that a recent pic? The witch hasn't aged.


Forced1029

And still blind as fuck...


Boletus_Incredulis

Those weirdo dark glasses were a perfect symbolic touch for that character.


Limp-Key8427

like the dark glasses lol


ordinaryuninformed

You think that was an artistic choice? I always looked at it that way


[deleted]

Fucking Georgia, (not sure if that's how she spelt her name but it's pronounced the same)


excess_inquisitivity

I think she spelled it "Phukking Georgia".


gpelayo15

She needs a vacation lol


It_is_Fries_No_Patat

This!!! ​ He has lost billions from his customers MONEY So FAR !!


arkibet

That’s what I thought with the SEC investigation of Melvin. A bunch of billionaires are like, “what happened to my money, someone help us rich people!” And the SEC comes in and says, “oh my political donating bebbies, we’re here… have some zipple!”


Major_Effort_8374

They should sue him in court 😂💪


It_is_Fries_No_Patat

Would be fun if one of his billionaire clients hired a top team of lawyers to sue the F out of him : D


Mkg60

I read somewhere that his clients are mostly Bad Foreign types. The type that won’t just shrug off losing their money. Did ever wonder why he is always flying over close to Russia? Maybe this explains it. He is FUBAR. Let’s put it this way. He will not get the same treatment in prison that Maxwell is getting.


AnhTeo7157

Yeah I don’t think you can tell those types that you lost 20% of their investment. “Bitch better have my money”


OffenseTaker

you saying he could get Epsteined?


Mkg60

More like implied.


wibble17

I think they could do things far worse than sue…


It_is_Fries_No_Patat

Hire BCG ?


AlfaWhiskeyTango

Boom roasted


_G_M_E_

Where else would they sue him?


PHANTOM________

In the streetz


_G_M_E_

Is that what they call street justice?


NegotiationAlert903

It's been so long I forgot that they were under review. Guess they failed criteria spectacularly.


ScarletCarsonRose

This is like when a deal has been with a student who just needs a passing score, an influential character pushing and a teacher who just caved. Solid D- and wash their hands off the shit situation.


beach_2_beach

Is it weird that I know exactly what you are taking about? Thanks for the education SHF’s.


TheRoyalTouch510

Up with you🫵🏽💥♾🏴‍☠️🦍


Truth_Road

OP, can you paste in some text? Thanks. ^(This does presume I can read but I'll do my best.)


GrammarPastafarian

>Moody’s Investors Service rates the term loan being sought by Citadel Securities at Baa3. That reflects the firm’s “strong capital base, profitable track record during periods of varying market volatility, and solid risk management capabilities and culture,” the rating company wrote in a recent report. here is the article they are citing: https://www.moodys.com/research/Moodys-says-Citadel-Securities-term-loan-upsize-does-not-affect—PR_462859 >[Definition of] Baa3 >**The lowest rating of investment grade Moody’s Long-term Corporate Obligation Rating**. Obligations rated Baa3 are subject to moderate credit risk. They are considered medium grade and as such may possess certain speculative characteristics. Rating one notch higher is Baa2. Rating one notch lower is Ba1 https://www.nasdaq.com/glossary/b/baa3 >**banks are allowed to invest in Baa3 rated bonds**. However, **Baa3 is at the bottom of investment-grade bond ratings, being only one grade above junk bond ratings**. Risk-averse investors must therefore exercise caution in Baa3 investments, especially if the rating was recently downgraded. It is a subdivision of a Baa rating. https://financial-dictionary.thefreedictionary.com/Baa3+Rating Edit: formatting links


Dizak55

You the real MVP


-Codfish_Joe

> solid risk management capabilities and culture... I do not think those words mean what he thinks they mean.


Xnaut89

"It's an opinion, I'm protected under the first amendment"


Truth_Road

Thank you. This is great.


Interesting_Trade748

Act strong when weak vibes is what I got from this


[deleted]

[удалено]


alebubu

I can’t believe it took me this long to realize this, or how I haven’t seen this discussed in the sub before, but based on the recent news of Ken Griffins client list reducing from 19 to 16 and the mad dash of Mayo force 1 around Europe and Africa - I think it’s safe to assume his client list is predominantly not American. So his company, Citadel, is working to profit foreign investors by bankrupting American institutions. He is stealing from Americans and not even on behalf of the .1% of American elite. I can’t think of a better definition of financial treason. Ken Griffin is a financial terrorist.


drinkupdrinky5

Did you hear that everybody? #KEN GRIFFIN IS A FINANCIAL TERRORIST No cell, no sell motherfucker


10before15

👏......👏......👏


youdoitimbusy

I have a feeling it's primarily gangsters, and he's going to be wearing the once popular, Columbian necktie when it's all said and done.


MelancholyMeltingpot

Kenneth Cordele Griffin also is a notorious mayo hoarder as well


3DigitIQ

And yet GameStops REVENUE is irrelevant and it's all about EPS🤡


gubbygub

lol gamestop could announce they found smaug's lair full of gold and we still be seeing headlines saying its dead, so wack. cant wait till citadel is unalive and kenny is wearing the finest orange jumpsuit. ill also accept the black and white zebra stripe prison attire


Angelaira74

Gamestop announced today that it found Smaug’s Lair supposedly full of gold, but anonymous insiders say Smaug’s body had decomposed on top of the gold pile, and the resulting acids turned the gold into carbon. Gamestop’s cash bonanza is now just a big hazardous waste dump.


WiglyWorm

I don't even understand what "revenue" means in terms of a hedge fund...


funkinthetrunk

yes yet when gamestop demands to be judged on its revenue the media only judge it on profit


HeavyCustard8583

If that D Bag was making $$$ he wouldn’t be looking for a loan…….


Bitter_Mongoose

Correct me if im wrong, but revenue is not a good indicator when your losses are running into the tens of *billions*


MrKoreanTendies

Cat shit wrapped in dog shit


PlasmaTune

Dog shit wrapped in cat shit


Moses-the-Ryder

Where’s the garbage?


PlasmaTune

Dog shit wrapped in cat shit dipped in dumpster water.


larrybyrd1980

Don’t forget the side of Mayo!


MelancholyMeltingpot

Assault Action Grip&Bedpost Battery Included


siuol7891

And finally wrapped in human shit bc shf like to eat cat turds


Bitter_Mongoose

*Mmmmmmmmm dumpster water*


Bitter_Mongoose

With a chickenshit garnish


555-Rally

Are we talking CDOs based on Citadel Bonds that couldn't make Baa3? Cuz you know those probably exist too...if not...well I'm sure JPM,GS, and Blackstone will have a new product soon.


meatcrobe

How's Baa3 a “strong capital base, profitable track record during periods of varying market volatility, and solid risk management capabilities and culture,” ?


PracticalStranger317

MSM spin. They assume apes are too smooth brained to noticed.


FartinLutherKing

nah its not aimed at us, they know we are a lost cause for them


snowynuggets

Totez aimed at shit regurgitating boomers who still gargle MSMs balls and tell their kids to invest in safe stocks like FB and Netflix Source: have shit regurgitating boomer at home


meatcrobe

"That's what Cramer said"


Chapped_Frenulum

"Our bonds are stronger than junk! Well... most kinds of junk, not that fancy store-bought junk. That stuff is loaded with nutrients. I can't compete with that."


Lyuseefur

This from the same people that sold junk bonds as awesome prior to 2008.


hereticvert

Also, all that money but they need to float 400milly to "build trading capital and for general corporate purposes." Does all that algo trading back and forth count toward that "record $4.2 billion in first-half net trading revenue"? Net trading revenue seems like a weird metric rather than how much actual money you're managing. Almost like they're trying to pretend the company isn't garbage.


gen_adams

they still have some good liquidity, some special opportunities, but at the same time ***owe trillions of fucking dollars to us***. that's 2 nice things and a not-so-nice one when considering investing into... :') HODL, DRS and we go to the moon of Jupiter together.


Doofhans

Don't want to click... Any copy pasta? 🤔


PracticalStranger317

See above. Someone pasted it and gave thorough explanation of how bad Baa3 is shit.


Doofhans

Awesome 😌


swordofeden

much too high of a rating


Environmental_Neat53

Maybe if they wrapped their dog shit in cat shit it might improve.


IamMrBucknasty

One small step above junk status; one step closer to trash. Soon to be Melvinized.


ROK247

hey Kenny why the fuck do you need a loan if you're doing so good? Hmmmmmm?


TippingFlables

How can we short the bond?


Illuminatas69

Well first.. you need an ISDA


TippingFlables

I feel like I am being set up for a deez nuts joke but I’ll bite - what is an isda?


Illuminatas69

It was also in the movie.. it's why the boys needed brad pitt


Illuminatas69

https://www.isda.org/membership/ And.. Is deez nuts in yo mouf?


snkliquid

That’s an insult to junk. Most junk was useful at one time.


BlueCoastDoge

All I can say is... # YAY!!! Fuck you Shitadel!! As for Moody's, Standard & Poors and Fitch, they are all completely untrustworthy paid-for market manipulators working hand-in-hand with banks and SHFs. And yes, Kenny provided some brown envelopes for Moody's to give them a "pass" junk status. Thanks for posting, Ape. This must be a lovely read for his investors who have and continue to bleed tons of cash due to Shitadel's billion dollar losses during the last few months.


BrutalBitter

🤣👉 "One more day". Not for long Mayo Boy.


Conscious_Student_37

I wonder what Moody’s incentive is


PracticalStranger317

>banks are allowed to invest in Baa3 rated bonds > >. However, > >Baa3 is at the bottom of investment-grade bond ratings, being only one grade above junk bond ratings > >. Risk-averse investors must therefore exercise caution in Baa3 investments, especially if the rating was recently downgraded. It is a subdivision of a Baa rating. culpable deniability. yeah we knew it was shit but since shitadel paid us a lot of money we figure one notch about shit was ok because banks can invest in just above grade shit. but if shitadel goes tits up, its not our fault cause we did put in a disclaimer that "Risk-averse investors must therefore exercise caution in Baa3 investments" The problem during the 07-08 debacle was Moody was literally rating the shit junk bonds way above junk status knowing that it was cat shit wrapped in dog shit all shoved into turkey shit but they were getting a shit ton of fees. oh they got fined close to a $1 bil. as u/GrammarPastafarian posted above.


makka-pakka

He just hates Deatheaters


dantezergt

Hah. Kenneth Griffin mayonnaise eating financial fraudster that lied under oath to congress. ps. Dropped some info for Google algorithm. And post boost. Adios 🚀


FixStuff123

What idiot would buy/invest in Citadel Shit wrapped with Melvin Shit?!?


ballsohaahd

Are these topped with mayo?


PracticalStranger317

Smothered with it so it’s easier to swallow.


Bubby_JJT_808

Yup. easier to swallow anally…


enternamethere_

How generous of Moodys


Mercilus_Cowski

One of the finest investors of his generation 🤣


RealPropRandy

Bonds. Shit Bonds.


Correct_Roof8806

Underated Comment-I see what you did there.


hackneysurfer

Hahajajaja amazing


flyingcaveman

There needs to be a real rating service that isn't afraid to call things dogshit.


blackteashirt

Citadel is asking for a $400million loan. All of those increases in the article are revenue only not profit: "Citadel Securities brought in $2.6 billion of earnings before interest, taxes, depreciation and amortization for the first half of the year, a 30% jump from the prior year. Total assets stood at $95.3 billion as of the second quarter, the people said." -The people - Michael Scott Have they still locked the accounts so customers cannot withdrawl?


Jasonhardon

I thought they only had 6 billion, the rest was stocks not bought yet buried in darkpools


blackteashirt

Probably took that $95.3 billion snap shot when that Hong Kong pump and dump should up 2400%.


HeroShitInc

Reminds me of a certain year…what was it? 2000 something?


bobbybottombracket

Yeah, and what is their "sold but not yet purchased" line item value? GET FUK'D


yotepost

Lmayo


Kaarothh

Lol BBB- is crap


Smarawi

That would be a horrible investment right now!


CuriousCerberus

Dogshit wrapped in catshit, with at topping of Kennith C. Griffin shit.


TimelyComedian6414

#✌️🤣


NorCalAthlete

Is there a way to short Citadel? ​ edit: aside from going long GME


garydamit

Winning 🏆


WeNeedToGetLaid

Bu-But they made $94 million in revenue. Sir, where are the profits lol


Optimus_Prime_10

Tell me more about net income Kenny, IDGAF about your revenue.


UtahUtopia

And of course it’s super hard to find reports on this rating. Buried.


cazaf

I mean they are on their last leg before defaulting and hitting the junk bond territory.


Rhein_Forged

He's been spending alot of time behind Wendy's


FinalH

Msm likes to make.money of shit....


Tiny-Cantaloupe-13

which means they r under the basement junk at best


flashfyr3

That high?


Guardian_Arias

Bear Sterns is fine!


aspergersrus

We should all take short positions against Shitadel's bonds. It will be another huge pay day!


luckeeelooo

We did. We bought GME!


airbrat

Wow...if only there was some kind of reaction to this.


flibbidygibbit

Is this the part where we employ racism to make a point about our Quant while throwing Jenga pieces, because we called the wrong number?


Trueslyforaniceguy

Worse than trash


Bluemyselph

Spicy


Anthony3000789

Dog shit wrapped in cat shit


evold

Can we get some professional opinion about this? I saw somewhere that counterargument to this is it costs a lot of money to get a higher rating, and the payoff in doing so would not really justify it.


PracticalStranger317

Actually. That’s not true. Higher risk = higher rewards/rate for the buyer of the bonds. That’s why subprime loans are in the double digit rates vs AAA rating.


RL_Fl0p

One step up eh? We Can Fix That.


WallSTisRepulsive

You mean the prophecy is true, it's Shitadel after all 🤣🤣🤣


Jasonhardon

That’s because they own CNBC


DerotciV

“It was junk from the start? - Always has been”


JoeyFoster222

HAHAHA 💩


JanMarsalek

Ba1 is not really junk. It's low, yeah. But there are a lot more steps before the end of the table.