CYA
Simplify Tail Risk Strategy ETFstockNYSE
InactiveMar 7, 2024
0.5093USD+1.718%(+0.0086)182,782
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It's wild. People have all these insane conspiracy theories about why this so much is leaking.
Occam's Razor. Jensen and everyone thought they could do lots of shady shit and were protected by Trump.
Then he lost significant power during midterms and now everyone is scrambling to CYA for a future without him.
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I think it's pretty straightforward. These guys bet on doing brazenly illegal and shady shit, thinking Trump would protect them if they bent the knee to him. Now everyone is doing CYA including those in government since he lost significant power.
It's definitely not a coincidence.
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The dems will once they take over the congress. Hence the CYA has commenced.
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I think Occam's Razor applies here. We already know wovernment knew for a long time of illegal activity.
But it was only after Trump lost significant power. Now a lot of CYA is going on behind the scenes to a post Trump world.
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That request seems extreme, but almost everything an underwriter asks for is "required" by either law and/or company policy for loans. The underwriter has some leeway on things, but after Covid (and the GFC) guidelines have become very strict, hence sometimes "dumb" requests for "verification" of things.
My better half was an underwriter for years, extremely smart (tongue out at SuccessfulPen...Ha), and would always try to work around things legally, if possible, but guidelines have just become very strict and underwriters would get "dinged" if company's had to repurchase loans because investors declined to buy for small/stupid reasons.
It's turned into a CYA for everyone with mortgage loans...
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Bro Occam's razor.
Not complicated. Stuff started to really leak when Trump got his ass kicked and lost all his power.
So now govt is CYA.
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