WhyDRS

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149 trillion in equity swaps due to expire on 12/15 (lemmy.whynotdrs.org)

submitted 11 months ago by [email protected] to c/[email protected]

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I saw this deleted at Superstonk. If they are trying to silence it, then it must be good.

https://halturnerradioshow.com/index.php/en/news-page/world/bank-books-149-trillion-equity-swap-due-to-expire-settle-on-december-15

I wonder how many GME shorts are hidden in these swaps???

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[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (1 children)

The "event timestamp" is most likely stored in epoch seconds but being interpreted as epoch milliseconds. If you correct that, it works out to March 3rd, 2021.

Edit to add: Regardless, I am calling this a nothingburger, I'd be willing to bet that the 999... value is just a placeholder for unknown values.

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

Good thinking. That matches the publication timestamp.