https://xitter.cf/t.co/wJNqmyP4P6

World
Joined February 2021
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Getting a lot of the smaller things right, but getting the big thing wrong usually leads to a lot worse outcomes than getting the big thing right and a lot of smaller things wrong. This goes for just about everything - life, work, etc.
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😸🪩
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It feels like we are headed to two different financial markets - the traditional one where institutional support is the driver and a decentralized one where community support is the driver. When these two worlds meet in the same asset, there will be fireworks.
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GameStop $GME has converted its full eBay position into directly owned shares, giving it voting power over 43.39 million shares, or about 9.8% of $EBAY. 👀
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Part 8: the Affiliate; how Ryan Cohen acquired control over $BBBYQ through the HBC equity raise. watch: youtu.be/j3e_BQwjgV4
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Replying to @PhantomBlack699
Next move - apply for this job, post about the application & interview experience & put it all on record in a 425 filing. 😂
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I pay my taxes. You pay YOUR taxes. If we don't pay our taxes, its simple: You get fined, or you go to jail. Unless you name is trump: He, and his family, were somehow just given blanket pardons for any and all tax crimes -- past, present or future. THIS IS A HUGE SCANDAL.
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The Coping Geoff.ai
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The Federal Reserve just terminated enforcement actions against UBS Group AG and Credit Suisse over the Archegos stuff. It's totally confirmed... we live in a fraudulent market! $GME
Replying to @sneedweb
2023: UBS swallows dying Credit Suisse and inherits the entire toxic sludge. March 2024: UBS ends the Apollo management deal and dumps $8 BILLION in “unwanted assets” from Credit Suisse’s Securitized Products Group straight to Apollo. The bag was officially passed.
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FULL INTERVIEW: @ryancohen explains his plan to acquire eBay. He unpacks his pitch to institutional investors, why eBay is so horribly run, and how Ryan plans to create billion in shareholder value. $GME $EBAY
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It's kinda suspicious that a group of billionaires are spending 10s of millions of dollars trying to unseat a single Republican Congressman from Kentucky who just happens to be one of the few members of Congress that refuses to be a puppet of a foreign nation.
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Good question 🤔 $EBAY $GME
How much crisis must a company have to necessitate an entire FTE named “Head of Financial & Crisis Communication” @eBay @ryancohen
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In light of $EBAY rejecting the $GME offer this morning against their fiduciary responsibilities, let's take a look at Paul S. Pressler, the board Chair, who is a shining example of what failing upwards looks like in corporate America. He has been a director since 2015. Chairs the Corporate Governance & Nominating Committee. Has been Chairman of the Board since 2020. He was present throughout the 2019 stalking crimes, and now sits as Chairman of the full board. In 2019, he chaired the Compensation Committee, making him central to one of the most controversial decisions in the company's history: a board meeting was convened specifically to consider whether to activate the clawback provision on Devin Wenig's exit package, and the board voted not to proceed. That package was worth approximately $57 million. During a September 2024 deposition in the civil litigation, eBay's Director Ethics Counsel testified under oath that Wenig's departure was a firing, not a resignation, and that it was directly related to the stalking scandal. Despite this, the board publicly framed the exit as a mutual decision for months, a characterization that governance critics argue constitutes a material misrepresentation to investors. Pressler's committee also oversaw a quiet exit for former SVP Wendy Jones, who was interviewed by eBay's internal investigators on August 30 and September 6, 2019 in connection with the criminal conduct and was nonetheless allowed to remain employed through December 2020. Jones ultimately received compensation packages totaling over $11 million upon her eventual departure. Pressler became Chairman in May 2020, taking the seat from outgoing Chairman Thomas Tierney immediately after those decisions were made. The board waited until February 26, 2026 to reform its committee charters governing risk, audit, governance, technology, and compensation. That restructuring happened one day after the Steiners' civil lawsuit settled with undisclosed terms. eBay had not restructured governance at any point after the crimes became public in 2020, after entering a federal deferred prosecution agreement admitting to six felony offenses in January 2024, or at any time while the civil trial was pending. Critics at the time noted that reforming governance while litigation was active could have made those drafts discoverable and usable as evidence by the plaintiffs' attorneys. Pressler, as Chairman, would have been the chief architect of that timing decision. Currently, Pressler chairs the Corporate Governance and Nominating Committee, the same committee that oversees Aaron Johnson, eBay's Chief Ethics Officer. Johnson was copied on the August 2019 "Whatever. It. Takes." email from then-Communications Chief Steve Wymer before the crimes occurred. His promotion to lead company ethics, under Pressler's oversight, has drawn sustained criticism from governance observers. Before joining eBay's board, Pressler served as President and CEO of Gap Inc. from 2002 to 2007. Former employees interviewed by BusinessWeek characterized his tenure as "total system failure." Gap recorded its third consecutive dismal holiday shopping season under his leadership, and the board moved to remove him in January 2007 after months of investor pressure and public calls for his ouster from Wall Street. Founder Don Fisher had publicly defended Pressler in the months before the termination, but the defense did not hold. The board's post-departure statement that it needed someone with "deep retail expertise" was widely read as a direct indictment of Pressler's qualifications for the role. His exit triggered immediate speculation about a sale of the company. He collected $14.5 million in severance. Pressler served as Chairman of David's Bridal from 2012 to approximately 2018, during the period when the company was owned by private equity. By the time of his departure, David's Bridal carried approximately $760 million in debt. The company filed for Chapter 11 bankruptcy in November 2018 to restructure over $400 million of that obligation. It subsequently filed for bankruptcy a second time in April 2023, this time laying off more than 9,200 employees with no funds expected to be available to unsecured creditors. The structural financial condition of the company at the time of its first bankruptcy was built during Pressler's chairmanship. As an eBay shareholder myself, I am calling for Paul Pressler to resign immediately. No golden parachute either.
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