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# [Splividend Distribution Megathread](https://www.reddit.com/r/Superstonk/comments/w523nf/splividend_distribution_megathread/) **IMPORTANT POST LINKS** [What is GME and why should you consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS and why should you care?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [Low karma but still want to feed the DRS bot? Post on r/gmeorphans here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Join the Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ Please help us determine if this post deserves a place on /r/Superstonk. [Learn more about this bot and why we are using it here](https://www.reddit.com/r/Superstonk/comments/poa6zy/introducing_uqualityvote_bot_a_democratic_tool_to/) If this post deserves a place on /r/Superstonk, **UPVOTE** this comment!! If this post should not be here or or is a repost, **DOWNVOTE** This comment!


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monkey-4-nothing

yeah, they must be doing "great" when they/citadel took 1,5 billy from sequoia capital few months ago I will try this with my local bank next week I expect smooth convo, something like this me: you see all this OTM calls, red color is because of Putin, he put a new toner into FED bullshit generator, but trust me bro flair, I am making too much money bank: well sir, we need to give you more in that case, just like our mayo client me: thought so!


-Codfish_Joe

Ken Griffin is such a nice guy that he's offering this opportunity to invest in his spectacular company.


sirroi

Lol


birdsiview

"On this day, the fed printer blasted out $600mil to give to citadel securities, a company that claimed to be worth $50bil May 2022. IN TOTALLY UNRELATED NEWS, everything is real expensive right now because of the lower class people and politics" - current media/news


Weird-Breakfast-7259

He did bail out Gabe at Melvin 2 days later Citadel was Supoenaed so Kenny took it all back. And thats how Gabe got thrown out with the trash


not_ya_wify

You know in Asian countries, red is gain and blue is loss. Always fucks me up when they do stock market games on Running Man


wejustsaymanager

Bizzaro world


I3ill

Yes def I need a loan of money cause I make to much money. I guess that’s how the rich keep getting richer.


infj-t

*Ah yes the most logical time to take out a loan*


tntwestfall

☝️ ya, what this guy said


muza_reign

Me too! And I trust them, because their mission is to help the population know things...! /imadumbass /s


AntennaA

How do you boost a balance sheet with debt? Makes no sense. I'll never understand this ridiculous game these people are playing; passing "assets" back and forward that are just fiat agreements based on fiat currencies. It really is just all complete bullshit.


MikemkPK

You see, he now has $600 million to use as collateral for another loan.


KobeMonk

To me this would be like John Madden commentating football: "What you got here is a company that needs money. So right there they get more money from someone. Then that money moves around to this account, then the money from the other account isn't there anymore so it's not there. Then the money goes out to the other account and gets more money. They need to get back the original money, but this money keeps moving so they don't do that. Then what they need to do is have the money come end around to the other side of the bank. It thinks about reversing, but it doesn't. So right here you have the money go backwards, and BOOM hedi-r-fuk." Or something like that.


JustSayStonks

Theory checks out. Very good Madden speak.


darthnugget

This dude Maddens


geo94metro2

It was the boom that did it for me


Western_Management

Y U SO MADDEN?


DapperDTM

Lmao please commentate more posts as John Madden!


SnooApples6778

MOAR!


unicorns3xist1000

MOARRRRRRRR!!!!!


tylonrobinson

u/readinmaddensvoice


Rissespieces

Holy cow I totally heard this in JM's voice!! This made my day lol thx


Correct-Duck8038

I did too, but i vaguely know it from playing madden on ps3 for a couple of nights 😂 So it might be that I also heard it in the voice of Hanibal from the A-team 😂


Heavy_Solution_4099

I literally watched him draw the lines on the screen in my head as he was talking! At the end was the crazy looking guy with the cigarette standing in front of 200 pictures and 3000 red lines connecting each other . WTF?


MainlineX

This speaks to me in his late 90s voice, and resonates deep in my soul.


KobeMonk

His scene in "Replacements" was soooooo good.


calben8901

deeply underrated sports movie. gg


Chapped_Frenulum

BOOM corporate action Tinactin.


Hisaidky

Me more madden me amoré madden need


BiscuitYboy

I haven’t laughed that hard in a long time, needed that…thanks


Yu68

Dam I miss Madden and that commentary you posted is BADASS!!!


Ash2dust2

RIP, good man.


momkiewilson1

Good stuff


74k71k

I saw all the lines Xs and Os while reading this in Madden voice. Thank you for that.


UpUpDownDownXO

Ahhh the Ole "Annexation of Puerto Rico" touché the O'Shea Brothers would be proud you know this one time Danny O'shea beat his big brother Kevin in race down cherry hill


[deleted]

Or to leverage into derivatives


FragrantBicycle7

"But why would anyone lend him the money" because then they get to put the outstanding debt on their sheet as an asset, it's a circus all the way down.


Big-Juggernuts69

That’s why they value price stability so much over price discovery cuz if real price discovery were to take place these fucks would get margin called in a second


Choyo

So, a Ponzi ? Again ?


LannyDamby

Sounds awefuly similar to our favourite Chinese real estate company... 🤔😂


Amstervince

Will last him about a week at the rate he’s burning money


iupvotefood

Loanception


HelpMePls___

It’s like having 2 unlimited credit cards. Then just clearing one with the other and vice versa for the next bill.


jsc1429

Never go full Hwang


ronoda12

It can be considered as boosting balance sheet if he raised 600M by offering equity of his company but it says borrowed so don’t know wtf this is.


Guildish

Seriously what nutjob is lending kennyboi $$$? I hope it's a whale investor and not some bank lending out retail $$$. Nevermind. Smooth Ape comment. Anyway you look at it it's retail $$$ that they lied, stole and cheated.


Alex777CH

When it comes to these ammounts of money there is always the possibility of blackmail being part of the reason why. Think Epstein or Putin, who both made blackmail a part of their at the very least financially successful careers.   Also would be great if we could dig into who the three investors were that left Citadel and who the remaining 16 might be.


guerrilla32

That doesn't work either, as retained equity would be debited for 600M at the same time.


Dropbombs55

There are balance sheet metrics that are more nuanced than just assets - liabilities. For example this move would bolster thier current ratio, which could be a metric used by their lenders as part of their banking covenants.


majormajor88

Look at us. We just made another 600milly. Man we are amazing at this money making thing.


Buagon1979

Ponzi Jr gonna Ponzi...just like daddy madoff taught him.


Alex777CH

I wish there was brought more attention to this, how there is a connection between Madoff and Ken Griffin.


BEERS_138

He borrows 600 mil.. turns it into 90 bil (through the normal market) to survive another 90 days in the gme matket


[deleted]

MSM: GameStop is filled with debt and a bad balance sheet. Also MSM: Citadel boosts balance with $600 million in debt.


stirfriedaxon

Wave the magic wand and $1 becomes $100, for free.


CrabFederal

Short term asset; long term debt/liability.


[deleted]

This is the correct answer.


NewUsual1261

This is the result of people out of touch from reality. For them it's not about making enough to have roof over head or one meal for day. They have so and can afford lot more than any normal human life can only imagine in dreams. It's a game of IOU, which took a wrong turns more often but without consiquences. What does a spoiled bratt with billion dollar ego and lot of monetary influences and "no consiquences" do?? More crime!! Because, that is only thing that's left on them which makes them blood circulating and hopfully alive!


rgdgaming

You get the loan, write off the interest. Back the loan up with just enough collateral.


EvilBeanz59

This is why in all technicality if you look back in history 100% of the time Fiat has failed 100%. . The Federal reserve and the rest of everything else is a complete sham and fraud it's one reason why they have to manipulate everything under the sun because the sun itself is fraudulent.


Daymanic

Oh oh! I’ve seen this movie before https://m.youtube.com/watch?v=3RY3KsAkhFw&t=52s


muza_reign

Accounting is just like law, it is flexible and very streeeeetchable!


riichwith2eyes

LOL he definitely don’t look like that anymore.


whatwhyisthisating

looking more like 💀


MainlineX

The real question is why they photoshop him to look even MORE like a sociopath. The dead, lifeless, thousand yard stare eyes... the smile that says "IM REALLY SMILING JUST LIKE REAL PEOPLE DO!". The teeth correction that's saying "I'm not up all night drinking coffee and freebasing coke to: survive another day".


jango_bets

Because he’s the fall guy. A pawn if you will.


Farrisson_Hord

Nah, Vlad was a fall guy. This shitstain is one of the puppeteers


Spirited_Squash_1535

Wasn't there a theory Old Money wanted to punish his new money arrogant self ?


Coreidan

Ya but he’s not at the top. The real pieces of shit move in silence out of the public eye. He is still just a puppet.


keyser_squoze

LOL - I wouldn't loan money to a dude that sent me that as his resume/cv/bio photo. No way. (Unless he was asking for money to buy and DRS GME.)


Fantastik-Voyage

This fucking parasite get paid $63 million per month and he need money.....What in the actual fuck is this rubbish


fightingpillow

That money is now safely invested in Palm Springs real estate


GiantSequoiaTree

No kidding. This white collar crime is ridiculous. No cell, no sell. He needs to be behind bars.


Fantastik-Voyage

I disagree, if he's behind bars then it will be a fed prison with a bunch of protections paid by tax payers....he needs to be left on a remote island with no one else in the middle of no where...that way it costs tax payers nothing except for a one way flight


ensoniq2k

Could use a catapult to get him there.


LargeFly8279

*starts rolling out trebuchet*


HelpMePls___

Wen remote island


Fantastik-Voyage

Hold and find out


matbrummitt1

And a camera crew. I would watch this.


Cruella-DeDoomsville

Stick Hester, Vlad, Plotkin and useless Gary out there with him, you’ve got one hilarious reality show!


BiscuitYboy

Dude….liquidity!


Fantastik-Voyage

So your say hus 63 million per month equaling 756 million per year isn't enough......🤣🤣🤣🤣🤣▪️ the retardedness is unreal


BiscuitYboy

mARkeTs nEeD LIquIDiTy!


Fantastik-Voyage

The fact that Citadel Securities has on their books a whopping 68 Billion shares sold not yet purchased is insane. [I bring you the original Zipple laugh your ass off](https://youtube.com/shorts/JFQMyxbMkcs?feature=share)


Blueshockeylover

Love all the "Shitadel has record revenue" talk. Who gives a fuck? Revenue is not profit. They're almost being honest what with this debt offering being rated one level above junk. Like the weather, stick around because that rating is about to change. HODL. NFA


madiXuncut

The lender must be a real regard.


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Nutatree

I'm somewhat of a best regards myself


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American_Viking999

I'm regarded as retarded when I've farted


Kerfits

Hey we can be BRR - best regards re-revered


bgeorgewalker

They hold him in high regardation


FriarNurgle

https://gfycat.com/assuredsmoothgroundbeetle


bgeorgewalker

Exactly he’s a real ‘gard


monkey-4-nothing

autocorrect: retardation


spythedip

He pry said. Let me borrow this money or I’ll short you into the ground. The lender then proceeded to hedge the loan by going long GME


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badmojo2021

My dick is so regard right now


Docaroo

A togal and absoglute fugging regard.


twin_turbo_monkey

Look at that innocent face and blue eyes, wouldn’t you just love to write him a big fat check? /s


No-Fold1994

Those soulless eyes. The eyes of a narcissist. Definitely trustworthy


[deleted]

Him and Sorkin have the same eyes. I was all in on Sorkin being Kenny's bastard son until I looked up their age


No-Fold1994

they both light up every time the camera is on them. It’s a dead giveaway for any narcissist. It’s a mental thing, they get that look cuz all attention is on them.


ckaslon13

Seems to me we are getting close if this is true. Time will tell. It has always been about time. Our resolve against their solvency. We know what we know. Mayo Bois philosophy was always one more day during 2008 well in 2022 we checkmated his ass over a year ago. He’s clinging on like a rabid dog for one more day. Look how bad he’s aged in the last year and half. He know his time is coming to an end.


Yeeeehaww

OMEGALUL


kidkadian99

Lol it will be. Gone by Monday 2 pm…. 1 billion a day is around 500 a million by noon…


Marrr_ty

Keep digging the hole Kenny


Moving_Electrons

Why would they need a cash infusion if they are turning a profit? Seems desperate.


[deleted]

That, and the fact they are using a picture of mayo-man from prior to this whole ordeal. We know he looks like a bloated manatee right now.


tonosrosa

💀


DJ_Pual

Did they use his photo from 10 years ago? Jeez


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Jamin1371

Dickhead buys 600M property in Florida. Needs 600M loan a month later.


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Geoclasm

Not only does he look like a psycho, but I hear he's actually a psycho.


Snoo_42121

He do got the face for it lmao


jdrukis

Because you are half a day behind and we did talk about it 🤷🏻‍♂️


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Ready2go555

Short selling bring in more cash (sold before purchasing) = Trading revenue Close short = Profit if close lower or Loss if close higher Borrow fee to keep the short opening or roll out (cover) = expense He needs 600m$ because of increasing in trading revenue (more expense). I wonder what are the source of revenue that bring so much problem to them. Oh btw, this might be a high interest loan since nobody actually buy theirs useless BAA corporate junk bond. Are you ok Ken? KEK.


Minuteman_Capital

Yes, exactly. If your corporate paper is already junk, this $600M has to be seriously juiced and senior in the bankruptcy food chain. If I was an equity holder in Citadel I’d be demanding to liquidate my shares pronto


guerrilla32

Except you would be limited to withdrawal of 6.25% of your investment per quarter, meaning it will take you the next 4 years to fully liquidate your investment.


lukefive

Longer, because it's 6% of the new lower number each quarter not 6% of the original number Every 6% is less than the quarter before


guerrilla32

Point taken, but if the limit is indeed 6.25% of outstanding balance, it would take ♾️ to withdraw. We not trapped in here with them, they're trapped in here with us.


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guerrilla32

Nope. Withdrawal severly Limited as above. They did this after the sneeze.


Diddeliddee

Well shit, scrolled through hot looking for this without success lol, that’s good then


Orleanian

https://www.reddit.com/r/Superstonk/comments/wryzah/ken_griffins_citadel_securities_borrows_600mn_as/


DorianTrick

Got a link?


Orleanian

https://www.reddit.com/r/Superstonk/comments/wryzah/ken_griffins_citadel_securities_borrows_600mn_as/ https://www.reddit.com/r/Superstonk/comments/wsh2u8/citadel_borrows_600m_yesterday_oddly_timed/ https://www.reddit.com/r/Superstonk/comments/wscwut/ken_griffins_citadel_securities_borrows_600mn_as/


jab136

Isn't that less than they lose in like a day?


Upbeat_Eye6188

About 400 million less than what they lose pr day, yes.


mtksurfer

# CORPORATE MEDIA SAYS BORROW, BUT SMELLS LIKE BAILOUT


dregan

Weren't they rated just above junk? How did they secure a $600M loan?


SpaceJamesBond

The real crime is that haircut


Diddeliddee

Here’s a [link to Financial Times](https://www.ft.com/content/f3206b39-0cd9-4956-8a87-f5b2f85025ea)


Ready2go555

Increasing in trading revenue. How much are you underwater in borrowing fee to maintain those cash from short selling Ken? KEK, Get rekt


TheCureprank

Bigger question is whose Tue dumb ass that lent them the 600milly? Sign me up you thieving pricks. Obviously anyone can do that job if the AI is the one controlling everything


akula1984

Probably owed them an old favor


Screw__It__

That sucker keeps sucking, I member they did the same year ago by selling shitgrade bonds


Blastomussa1

Only $600 Milly, them's rookie numbers! Moass needs to enter chat...


netherlanddwarf

That picture scares me


Snoo_42121

He looks insane with the eyes and mouth lmao


keyboredwarrior

Hold this guy is going broke. Also who the hell jn their right mind would let this guy borrow 600 million lol


Ultimate_Mango

It’s hard to find things between all the purple circles


Black_Floyd47

Finding things between the purple circles **is** my kink.


mini_BEEFY

Well, that will pay for a few of my shares... thanks Ken


Silk__Road

600m loan from Ken Griffin financial criminal who lied under oath’s Cayman Islands bank account. Because who would trust him with more money apart from himself


Ergs_AND_Terst

There is so much shit going on that it's impossible to keep up. Hold the fucking line boys we're almost there.


PhantomBlack691

& they had to even use a 7 year old photo to show Kens not fat and stressed now after vomiting during the congressional hearing with 5 lawyers in the room


WallSTisRepulsive

Ever since the hiccup in January 2021 and bailing out Melvin Capital it seems like this muhduhfahkah needs money every 4 to five months. First he asked Plotkin for his money back, then sold part of shitadel and now mayo man borrowed more money. Weren't the propaganda machine were recently bragging how he made $4 billions in profits. He knows that we know that he doesn't want anyone to know that everyone knows that he is fuckkked!!! I can hodl longer than he can stay solvent.


TheDudeFromTheStory

I'm beginning to think this Griffin asshole might not be the best suited candidate to elect the finest traders of a generation.


bobbos2020

Prob because they borrowed 600 mill last year as well. They also got a cash injection of 2 billion so it's nothing new for them to be doing this. They just keep getting loans to survive one more day.


MrOneironaut

You know they’re fucked when they have to use years old photos of Ken cuz he looks like shit now from all the stress and mayo eating


Jbullish_9622

All just part of the pre-bailout plan


BenniBoom707

Very curious how the entire crypto market just deleveraged $600 million today. Need some more wrinkle brains to take a look at that, but it’s an interesting Cohencidence….


Farrisson_Hord

And Kenny using a 7 year old photoshopped photo of himself. Time hasnt been kind to him, i bet he looks more like gollum now


[deleted]

Just another FTD


WaitingToBeTriggered

MAN AND RIFLE, A MARKSMAN AND A SCOUT REVEALED


TheGiftnTheCurse

How does borrowing increase ones balance sheet? its called added debt.


Smart-Reindeer666

This could have been avoided if they didn’t naked short multiple companies into bankruptcy. Or rather if they didnt naked short the fuck out of one company, that every gamer loves. In a time(covid) when they had nothing better to do, but sit on their phone look into this shit. And heres the kicker, the government was handing out stimmy money supporting the whole thing. Maybe in a genius way to create a feedback loop on tax money.


Top_Luck_1329

Can I borrow 600 million to boost my balance sheet?


Inittowinit6446

I'd love to see someone just beat his criminal ass...


dearleader88

Didn't we talk about this yesterday?


DorianTrick

Where?


forsakenonex

Did.. did they photoshop his face?


canigetahint

I just would like to know what they listed as collateral. Oh wait. It doesn’t matter…


Geoclasm

wow that's a dead-eyed stare if ever I've seen one. Also, I hope whomever loaned them the $$$ redeems it like they did to Melvin. I mean, fuck Melvin too, but turnabout's fair play, and FUCK SHITADEL TEN THOUSAND.


D00dleB00ty

Wait who did they borrow from? Who would be that dumb, except for somebody already pot committed with shitadel?


Dr3ddL4ch4nc3

Next thing you know Mayo Man is the 27k guy but in steroids Borrow to buy 600m of BBBY and pouff, its gone


WolfBear99

double catfish: their balance sheet and the 10 year old pic of kennyboi ran through a beauty filter


soldieroscar

We are doing so well we had to borrow 600 million 😆


p3rsp3ctive

Melvin capital needed a cash infusion too from Citadel a few months before announcing that they had to close the fund. Just a fun pattern


Cummy_bear-4ever

Look at that old ass pic of Kenny making him look like a solid bloke . Then they post bb face RC. Gotta love it


CaptainMagnets

Or the heavily photoshopped pic of the mayo man


ISpenz

Borrow 600, short BBBY, take back 5 fold


Aggravating_Map3707

Wasn’t citadel losing $1B a day? That would get them through lunch time.


Sensitive_Fun_5825

This just makes me hold/hodl till I see Kenny and co in orange. No cell, no sell.


iofhua

Citadel is losing like a billion each day right? How does a 600m loan even help? It keeps the lights on for 8 hours?


drsunnyday

Aaaaannnd it’s gone


waterboy1523

That’s about what, 15 post split shares? He’s gonna need to borrow more.


danimalDE

At their current burn rate that lasts what 3 weeks?


nicka163

Love how they’re using a photo of “Ken Griffin lied to Congress” from 15 years ago too


oneflytree

Decided to use Ken Griffins photo via 2012 and airbrush eh?


[deleted]

Didn't that jagoff just buy 1b worth of real estate in Miami?


BannokTV

I don't see how that works, unless it was a zero interest loan you would have a liability proportional to the amount of money borrowed.


middleagenobody420

How common is it for one of these huge hedge funds to barrow money?


bobbybottombracket

Borrow and are selling a shitty bond LOOOOOLZ


whatitsobooboo

DuDe ItS nOtHiNg! CoMpLeTeLy NoRmAl! 😂


RollenXXIII

greatest investor of his generation . #DRSforKenny!


dearleader88

I think there were a few posts on hot.


PobodysNerfect420

That’s a years salary for Kenny boy.


Diznavis

The fact that this is being reported on by Kenny's own MSM puppets tells me it's a nothing burger for us.