Brian Burns / November 06,2022

$250M Equanimity Superyacht Linked To Malaysian …

  • What is the equanimity superyacht?
  • How many people can fit on a superyacht?
  • How many cabins does the equanimity have?
  • Who owns the superyacht equanimity?
  • Who owns superyacht tranquility?
  • Does Jeff Bezos have a yacht?
  • Who owns the Kismet yacht?
  • Where is tranquility yacht today?
  • Does Kylie Jenner have a yacht?
  • Who owns the Flying Fox yacht?
  • Bidding opened Monday for Equanimity, the $250 million superyacht at the center of Malaysia’s 1MDB scandal. The yacht was among assets linked to funds allegedly stolen from 1Malaysia Development Berhad, a state-run investment fund set up by former Prime Minister Najib Razak.

    Full Answer


    What is the equanimity superyacht?

    Here’s a look inside the ultra-luxurious yacht. Equanimity is a 91.5-meter (300-foot) superyacht. The yacht was built in 2014 in the Netherlands and has an exterior design created by Oceanco, a privately owned custom-yacht builder. The boat has a cruising speed of 15 knots and a maximum speed of 18.5 knots.

    How many people can fit on a superyacht?

    The superyacht Equanimity has room for 22 passengers and 31 crew members. Malaysia sold the Equanimity — the superyacht involved in the 1MDB scandal — for $126 million, reports The Guardian. It had previously been up for sale for $130 million — about half its purchase price, according to Bloomberg.

Brian Burns / November 06,2022

Derek Acorah Net Worth

  • Who is Derek Acorah and how old is he?
  • What was Derek Acorah’s cause of death?
  • Did Derek Acorah get a driving ban?
  • How old is Derek Walcott now?
  • How old is Derek Acorah?
  • What was Derek Acorah’s first spiritual encounter?
  • What is Derek’s zodiac sign?
  • How much is Derek the Psychic worth?
  • What channel did Derek Acorah work on?
  • How did Derek die?
  • Is Derek the rapper tall?
  • Who is Derek Acorah?
  • Where was Derek Acorah born?
  • What channel did Derek Acorah first appear on?
  • How did Acorah die?
  • What episode did Derek Acorah appear in?
  • What TV show did Derek Acorah film?
  • What series did Acorah compete in?

    Who is Derek Acorah and how old is he?

    Before his career as a medium, Acorah played as a footballer, and was once on the books of Liverpool, but his career was cut short by injury. Acorah was born Derek Francis Johnson, in Bootle on 27 January 1950 to Frederick Johnson and Elizabeth Courtney.

    What was Derek Acorah’s cause of death?

    “Derek Acorah dies aged 69 after falling into coma”. Trinity Mirror. Retrieved 4 January 2020. ^ Saunders, Emmeline (4 January 2020). “Derek Acorah’s cause of death confirmed as sepsis after ‘awful flu ‘ “. mirror.

Brian Burns / November 06,2022

Jack Kingston Net Worth

  • Who is Jack Kingston?
  • How old is James Kingston now?
  • How much did Jack Kingston raise in the 4th quarter?
  • Who is Jack Kingston of the Georgia Republican Party?
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  • Who is Jack Kingston?
  • How many times was Kingston reelected?
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  • Who is Jack Kingston?
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  • How many times was Kingston reelected?
  • What did Kingston pledge in 2010?
  • Why did Kingston say chores should be done?
  • When did Kingston vote for impeachment?
  • When did Kingston leave the state house?

    Who is Jack Kingston?

    Throughout his tenure, Kingston has received over 40 awards on a diversity of issues from various interest groups. Kingston signed the Taxpayer Protection Pledge by the Americans for Tax Reform, and in 2009 he was named a “Taxpayer Hero” by the Council for Citizens Against Government Waste for his votes to reduce government spending and taxes.

    How old is James Kingston now?

    Kingston was born on April 24, 1955, in Bryan, Texas. He is the son of Martha Ann (née Heddens) and Albert James Kingston, Jr., a widely published university professor, who co-founded the National Reading Conference.

Brian Burns / October 28,2022

After Nailing 2022 Meltdown, Billionaire Chamath Palihapitiya Turns Bullish on the Stock Market – But There’s a Catch

After Nailing 2022 Meltdown, Billionaire Chamath Palihapitiya Turns Bullish on the Stock Market – But There’s a Catch

Nearly a year after accurately forecasting this year’s meltdown in global markets, billionaire investor Chamath Palihapitiya says he’s positioned to capitalize on a major market rally.In a new episode of the All-In Podcast, Palihapitiya says he’s bullish on the S&P 500 as he believes the stock market index has carved a short-term bottom.“What’s incredible on this chart is that when everybody talks about being long on the S&P 500, it was always really a proxy for being long Amazon, Facebook, Google and Apple. At the peak, in May of this year, $0.25 of every single dollar of the S&P 500 were these five companies. We always said the market bottom will be when the ‘generals’ get shot… It looks like the generals have been shot. What’s incredible is this week every single one of those companies other than Apple really reported pretty crappy earnings. They got totally taken to the woodshed. The percentage of these companies as a percentage of the S&P [500] is now off by 500 basis points. It’s down to 20% yet the markets are ripping higher today…I think this is the point where you have to start to get pretty constructive about where things are going because if this stuff could not bring the market down, it’s hard to see something other than an exogenous event, probably some Russia-Ukraine event, really having a negative impact. It seems pretty bullish for me.” Crypto traders often keep a close eye on the S&P 500 as strength in the equities markets suggests that deep-pocketed investors are allocating to risk-on assets like stocks and digital assets.Although Palihapitiya is bullish on the stock market, he predicts the rally will likely be unsustainable.

Brian Burns / October 11,2022

FBI Paid Steele Dossier Source $220K for Three Years of Informant Work

  • ALEXANDRIA, Va.—The FBI paid the primary source of the notorious debunked Steele dossier nearly $220,000 between March 2017 and October 2020 to be a “confidential human source” for the bureau.
  • News Stories Researched and Posted by our Team of Volunteer Citizen Journalists


    By John Haughey  October 14, 2022


    ALEXANDRIA, Va.—The FBI paid the primary source of the notorious debunked Steele dossier nearly $220,000 between March 2017 and October 2020 to be a “confidential human source” for the bureau.

    And Russian business analyst Igor Danchenko was worth every penny of it, FBI special agent Kevin Helson said during the third day of testimony on Oct. 13 in Danchenko’s trial on five counts of making false statements to investigators in January 2017.

    Testifying before U.S. Eastern District of Virginia Judge Anthony Trenga, Helson said during that 42-month span, information from Danchenko generated 40 intelligence reports and spurred 25 investigations, calling his network of contacts the best he had seen in his 20-year career and changing the way the agency runs its Russian counterintelligence programs.

    When then-Attorney General William Barr in July 2020 released a redacted transcript of Danchenko’s three-day interview with agents in January 2017—where he allegedly made the false statements—he became “a target because of the political environment” and potentially exposed to Russian operatives, Helson said.

Brian Burns / October 04,2022

Elon Musk Rages That “Twitter Will Not Take Yes for an Answer” and Calls Upon the Court To Delay the Trial Until Funding Is Secured

Elon Musk Rages That “Twitter Will Not Take Yes for an Answer” and Calls Upon the Court To Delay the Trial Until Funding Is Secured

Well, we have bad news for those of you who were expecting a swift conclusion to the ongoing soap opera between Elon Musk and Twitter after the CEO of Tesla agreed to revive the original Twitter takeover deal earlier this week. The drama continues!In recently filed court documents that are now being quoted by Reuters and New York Times, Elon Musk has asked the Delaware Court of Chancery to delay the trial set to commence on the 17th of October, citing the need to secure debt financing for the deal.Rough est of the extra interest exp $TWTR will have vs expectations at time of dealSOFR has moved 2.75%…on $13B = ~$350mm.Also, the sr notes and sr unsec notes likely go to bridge, which have spreads at least 250 bp higher than expected ($6b = ~$150mm)total $500mm (extra)— Rob Schmied (@rschmied) October 6, 2022As we noted in a recent post, Elon Musk is working to secure $13 billion in debt financing. However, in a world rocked by soaring interest rates and crashing bond prices, this is anything but easy. As an illustration, that $13 billion financing now entails additional interest expense of around $500 million, given the significant increase in the benchmark rates since April.Nonetheless, Elon Musk has notified the court today that he expects to close the Twitter deal by the 28th of October.Of course, debt financing is only one part of this game. The CEO of Tesla also needs to secure $24.51 billion in equity financing. In April-May, Elon Musk sold around $8.5 billion worth of Tesla shares to fund his equity commitments under the original Twitter takeover deal. Then, back in August, the CEO of Tesla sold $6.9 billion worth of Tesla shares. This means that he has so far accumulated $15.4 billion in funding by selling a portion of his Tesla stake.

Brian Burns / October 03,2022

Hong Kong shares soar 5%, leading Asian market gains


 TOKYO (AP) — Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street.New Zealand’s share benchmark rose 0.7% after its central bank hiked its benchmark interest rate to 3.5%, saying inflation remained too high and labor scarce. The half-point rate hike was the fifth in a row made by the Reserve Bank of New Zealand since February.Statistics New Zealand said inflation was running at 7.3% and unemployment at 3.3%. The rate hike came on the same day the government announced its finances were in better shape than forecast.The Hang Seng in Hong Kong rose 5.3% to 17,988.86, catching up with gains elsewhere as markets reopened following a holiday Tuesday. Markets in mainland China remained closed for a holiday.Japan’s benchmark Nikkei 225 added 0.3% in morning trading to 27,079.49. Australia’s S&P/ASX 200 added 1.5% to 6,797.80. Shares in Australia got a boost after the Reserve Bank of Australia ordered a smaller-than-expected 25 basis points interest rate hike on Tuesday.South Korea’s Kospi added 0.6% in morning trading to 2,221.43.Analysts said the latest data on South Korea’s inflation may push the Bank of Korea to raise interest rates at its meeting set for next week, but such hikes were expected to slow in pace as inflation is brought under control.“We expect headline inflation to rise again in October. Gasoline prices will likely decline further, but city gas and power rates were raised at the beginning of October and fresh food prices will also probably rise ahead of winter,” said a report by Robert Carnell, regional head of research Asia-Pacific at ING.On Wall Street, the Dow Jones Industrial Average climbed more 2.8% to 30,316.32.

Brian Burns / October 02,2022

Musk's deal for Twitter looks set to go with original $44B price tag

Musk's deal for Twitter looks set to go with original $44B price tag

Twitter appears ready to move forward with the deal for Elon Musk to buy Twitter, announcing in an Oct. 4 post they intend to close the transaction at $54.20 per share.In an unexpected u-turn, Tesla CEO and billionaire Elon Musk looks set to complete his $44 billion acquisition of Twitter, alleged spam bots, fake accounts and all. According to the notice filed by Musk’s lawyers with the Delaware Chancery Court on Monday, which was overseeing the trial, Musk is ready to “proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement.”It follows several months of legal drama with the social media platform where Musk tried to back out of the deal, citing Twitter’s lack of transparency around spam bots, fake accounts and the financial health of the business, and came just weeks before a rapidly approaching court date to settle the matter on Oct. 17.Musk’s proposed deal comes on the condition that there is “an immediate stay of the action” and adjournment of the trial and pending receipt of financing. Twitter appears ready to accept the terms of the deal, announcing in an Oct. 4 Twitter post they intend to close the transaction at $54.20 per share.

 Whether the looming court date prompted Musk’s change of heart is uncertain, however, the Telsa and SpaceX founder has already teased plans for the platform after he takes ownership.

Brian Burns / October 01,2022

Fidelity investment launches its first cryptocurrency initiative


Fidelity investment, one of the largest asset and brokerages managers has finally launched its first cryptocurrency custody and trading platform.Initially, fidelity did not get involved directly with cryptocurrencies but rather preferred to partner with Coinbase, the largest exchange for crypto-to-fiat currencies in the world market. The partnership enabled fidelity clients to track the performance of major coins such as Ethereum and Bitcoin through Fidelity Portfolio Summary View.During this period, the only investors allowed to invest in the new class of assets were those that were already registered with Coinbase since Fidelity had not directly incorporated the crypto assets into its infrastructure. Perhaps fidelity opted to use that as a window period to study the market and demand trends for cryptocurrency investors.After a year of careful testing and evaluation, the firm decided to fully incorporate the digital assets into its platform.Fidelity took a tactical stance in dealing with cryptocurrenciesIn an interview with The Street, Hardley Stern, the managing director at Fidelity Labs explained that though the mass adoption of cryptocurrencies is still far from near, the disruptive effect they have on the market cannot be neglected.“Bitcoin and other blockchain technologies are emerging from their infancy but mass adoption is still many years away. Additionally, don’t underestimate their disruptive nature. Just as many other technologies have done in the past, Bitcoin and blockchain will transform how we manage our finances.

Brian Burns / September 26,2022

How Long Does It Take to Get a HELOC? 7 Ways To Speed Your Approval

  • HELOC borrowers can speed up their approval process
  • HELOC: A fast way to access home equity
  • How to get a HELOC approved faster
  • HELOC closing times FAQ
  • Start now to shorten the time it takes to get a HELOC
  • 1. Find a HELOC lender that doesn’t require an appraisal
  • 2. Call around to ask for time estimates
  • 3. Try local credit unions
  • 4. Have all your documents ready
  • 5. Leave a spouse off the loan
  • 6. Call to follow up
  • 7. Clean up your credit before applying
  • HELOC borrowers can speed up their approval process

    It could take up to six weeks — and sometimes longer — to get a home equity line of credit (HELOC).Or it could take only two weeks. As the borrower, you have some control over how fast your HELOC closes. So if you can’t wait a month or more to access your home equity, you’ll need to take action. First, look for the fastest lenders. Then, be sure to do your part to keep the loan process on track. Submit your HELOC details to get started.

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    HELOC: A fast way to access home equity

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