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Sean Tuffy
@SMTuffy
I tweet mostly about FinReg & crossborder funds. Sometimes I tweet about other stuff. Personal account, all opinions my own and whatnot.
Dublin, IrelandJoined August 2013

Sean Tuffy’s Tweets

It’s weird that America is facing a obesity epidemic
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One half of a bologna sandwich at Famous 4th Street Deli in Philadelphia. All their sandwiches are this size, and there is no option to order only a half!
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Pics or it didn’t happen
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Flight operations at Dublin Airport were once again suspended this evening (Monday) for safety reasons after a drone was spotted on the airfield. Following a suspension of around 40 minutes, flight operations restarted around 19.45. (1/3)
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The US staged the “Chinese” balloon so that it’s $67 billion new fighter jet could score its first air takedown and it’s hilarious
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Sure it was
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Wow: Northcom chief Gen. VanHerck says the balloon was up to 200 ft tall, with a payload the size of a jetliner. It weighed "in excess of a couple thousand lbs" and potentially carried explosives " to detonate and destroy the balloon."
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Too little, too late to keep the Feds at bay
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Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts trib.al/oySOsG8
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“Like water seeping into the cracks of a foundation, crypto companies have been relentless in attempting to penetrate the core of the banking business for years and this appears to be one of the cracks.”
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Remember when you used to stop, stay out of the shot, and wait for some one to take a picture in public?
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FTX pre-bankruptcy setup allowed insiders to "freely transfer assets of the company with no accountability and no tracing," Ray says. "One of the founders could come into this environment, download half a billion dollars worth of wallets on a thumb drive and walk off with them."
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Ray talking now about cooperating with criminal and regulatory authorities. Some highlights: - Collected 10 terabytes of data from FTX entities, over 27 million documents - Interviewed/received proffers of 24 current/former employees - 156 requests from SDNY - Produced 70k docs
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The thing about these Trad architecture accounts is that they almost certainly all have the remains have the remains of their victims in a freezer in their basements
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I don’t really do it anymore but that ChatGPT thing seems like a great tool for content marketing. Some MarTech company should look to leverage it.
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I really liked the question asking Eisman how he moved past the 2008 financial crisis (unlike others who shall not be named), and he said he got to know Daniel Tarullo pretty well and the work he was doing and realized the Fed took care of the systemic risks.
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NEW ODD LOTS Hedge fund manager Steve Eisman famously bet big against subprime, as documented in The Big Short. @TheStalwart and I speak with him about the ‘paradigm shift’ he sees unfolding in markets right now. bloomberg.com/news/articles/
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Remember when I said anyone who got SBF/FTX money should be coming up with a plan to give it back? Well, this is why
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Sure, Jan
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Notable: US officials say they were able to block the balloon from gathering intel during its overflight of the US, while the US military was able to turn the tables, so to speak, to gather intel on the balloon itself and its equipment.
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this is bollocks. Q: is the pension industry bankrupt today? A: no. Q: did the BoE operation cost the public a lot of money? A: no, it almost certainly made a profit. It was a regulatory *success*.
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strategies. This was the most serious regulatory failure since the 2007/8 banking crisis. As Truss says, it contributed to the very real danger that the UK government would be unable to service its debts after investors reacted badly to her mini budget. This does not mean…
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I was willing to mostly ignore the Truss thing but now they’re bringing FinReg into the mix
Gif GIF
GIF
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her unfunded tax cuts would have been economically sustainable in the absence of the LDI fault line, but it does represent seeming incompetence over many years by regulators, incompetence that has imposed economic costs on all of us. It is odd that…
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