Daniel Cherney

investor, Cndn housing market skeptic. Always looking for new ideas, all opinions are personal & not to be taken as advice.
likes/retweets aren't an endorsement

[Daniel Cherney @DanielCherney]

@puptheband Crushed it on this one!

[Ben Rabidoux @BenRabidoux]

They should be buried under the jail but no one does time for white collared crime in Canada. This tells you how egregious it was. Enjoy jail, fuckers!—>

Fortress Real Developments co-founders sentenced to five years in prison, to pay $12.2-million each https://t.co/Il0HG5u6tG

[Daniel Cherney @DanielCherney]

@ShortingIsFun @dodle1303 Interesting, I'm feeling like he'll pull out everything he can this quarter ahead of the shareholder vote

[Marc Cohodes @AlderLaneEggs]

This is in honor of @BenRabidoux and @derablemama @DonutShorts @scoopercooper on this truly great day.. Enjoy it

[Ben Rabidoux @BenRabidoux]

Fortress Real Developments co-founders found guilty of fraud /via @globeandmail https://t.co/bBWU1WyBSm

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

🇨🇦 myth: 🇨🇦 avoided the Global Financial Crisis because Carney led the Bank of Canada.

🇨🇦 reality: 🇨🇦’s banks received a buttload of bailouts, they just hid it. To this day the Bank of Canada refuses to disclose the extent of its bailout.

https://t.co/vRVMHS52Bd

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

🇨🇦 really glossed over 🇺🇸 looking into one money laundering allegation at TD was enough to impact revenues at the world’s 23rd largest bank.

Laundering is a bigger share of 🇨🇦’s GDP than oil & gas revenues.

The Arctic peso isn’t a petro currency. It’s a laundering currency.

[Ben Rabidoux @BenRabidoux]

Congrats to @ronmortgageguy, @MortgageProsCan and other industry good guys who were pushing for this measure.

Say a prayer for Brampton

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

Holy sh!t! 🤯

- 🇨🇦 ran a $1b fund, AG alleges 90 conflicts of interests (COI) @ $59m & fraud
- consultants excluded from COI
- Fed dissolves it when caught, refuses legal order for docs

🇨🇦’s parl has been paralyzed for months to hide corruption & the 🌎 has no clue

[Daniel Cherney @DanielCherney]

@TDotResident Sorry, I am reading it as the minimum rent plus the performance rent so it's just around $4m which is still nothing and since it's limited to 8% of land value if the spa is very successful it would still never exceed that 8% of land value rent

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

🇨🇦's anti-money laundering in a nutshell.

The RCMP helped with the anti-money laundering inquiry to "neutralize" any evidence that shows it didn't do its job.

Why play defense for launderers instead of cracking down? No good answer.

@scoopercooper

https://t.co/NJjE4RKWz9

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

I think it’s cool that 🇨🇦 let RBC merge with HSBC Canada.

…especially now that we know the gov was aware they were both (allegedly) involved in widescale money laundering schemes.

🇨🇦 has accomplished its goal of being the world class money laundering hub we knew it could be.

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

The Bank of Canada estimates it takes 18-24 months for rate cuts to fully influence a market.

Takeaway:
- any impact from today is sentiment-related, not credit;
- the BoC has no clue what it's doing, reversing a decision in less than a year, that had no fundamental impact.

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

What if building an economy around weed, money laundering, and strip mall colleges was a bad idea?

[Nick Huber @sweatystartup]

Gasoline is the greatest asset in the world.

A single gallon of it can move thousands of pounds of stuff 10+ miles.

And I can pull over and get enough of it to go 500 miles for $95 and 5 minutes of my time.

Electric vehicles will never compete from an efficiency standpoint.

[Daniel Cherney @DanielCherney]

@BradMunchen In, can't forget the short air force. I'll dm some other names

[Sam Cooper @scoopercooper]

This is my theme for the next few years. US Justice will bring Canadian entities in line until Canada grows up and gets some laws. US govt is not letting PRC threat networks use Canada without imposing costs anymore. 👇

[Yashar Ali 🐘 @yashar]

BREAKING via WSJ

The Justice Department is conducting a criminal investigation into consulting firm McKinsey related to its past role in advising some of the nation's largest opioid manufacturers on how to boost sales.

Federal prosecutors are also probing whether McKinsey or any of its employees may have obstructed justice in relation to its records of its consulting services for opioid producers.

A grand jury has been empaneled in Virginia as part of the federal investigation.

https://t.co/kNKPEGFfeP

[Muhammad Smiry 🇵🇸 @MuhammadSmiry]

Just so you know:

There are lsraeli drones over Gaza,

There is artillery shelling in different areas in Gaza.

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

🤣🤣🤣

It looks like 🇨🇦 can't find government corruption because employees at the agency that investigates it are busy with their side hustles.

Can't make this shit up. 🤣

https://t.co/d19STytoq5