Topic: Clerical Error

Edward Dowd analyzes the reports of a Texas-based firm, Austin Private Wealth, placing massive put options against Trump's "DJT" stock. Dowd concludes that it was likely a "clerical error" by a third-party vendor, noting that the firm's filings for other stocks like Apple were also mathematically impossible. However, he maintains that the S&P 500 showed suspicious "market on close" activity on the Friday before the shooting.

Chase Geiser reads the official statement from Austin Private Wealth regarding their SEC filing error. The firm claims a third-party vendor applied a 10,000x multiplier to their options contracts, erroneously showing a 12 million share short instead of 1,200 shares. The firm expressed regret for the error occurring at a "fraught moment" for the nation.

Fulton County Clerk of Court Shea Alexander addressed the accidental posting of indictment charges against Donald Trump, attributing the "mishap" to human error under high pressure. Alexander explained that a work sample was inadvertently sent to the press queue before the grand jury had finished deliberating, leading to accusations of a rigged process. Despite the clerk's claims of transparency, the incident has fueled claims that the legal proceedings against Trump are a "kangaroo court."