GisermanGroup.com #BreakingNews
šØ#TRUMP Pleads Not Guilty To 34 Counts
šŗNo #TVCameras in Courtoom
š#Disneyās Iger Takes on #DeSantis
š¢Stocks Sink
š SilverLining: Low #Mortgages
šø#Bank #Bailout: Is YOUR #Money Safe?
š¤#ChatBots āProfound Risk To Societyā
ā°#TikTok Ban
š«Video: Shooter Kills 3 Kids At #School
ā¾ļøBatter Up - #Baseballās Back
š#NCAA Final
šØTRUMP Pleads Not Guilty
Donald Trump Pleads Not Guilty To 34 Counts of falsifying business records to hide hush-money payments made to porn star Stormy Daniels weeks before the 2016 election.
Before the arraignment hearing, Trump was formally booked and fingerprinted.
Lawyers for Trump urged a judge to deny a request by media outlets for TV cameras in the Manhattan courtroom. But five pool photographers were allowed āto take still photos for several minutes.ā
Get this: Trumpās planning to give a speech at Mar-a-Lago tomorrow evening after heās arraigned in New York.
Trump is the first former president to face criminal charges, and as a candidate for President is seeking to milk the event for voters and campaign donations.
The campaign has been using the indictment in fund-raising appeals, and said it had raised $4 million in just 24 hours, though financial records corroborating the claim will not be available for weeks.
Trump has posted this threatening picture of himself holding a baseball bat ā with Manhattan District Attorney Alvin Braggās hands up ā on his Truth Social platform.
Cyrus Vance Jr., the Manhattan district attorney who preceded Bragg, told NBCās āMeet the Pressā that he was ādisturbedā that Trump has been attacking not just Bragg but also the judge in the case.
Cops set up barricades outside the Manhattan court house ahead of any action. The NYPD, Secret Service, US Marshals and New York State Court Officers are all involved in security discussions.
Trump called on his supĀportĀers to protest in the face of the exĀpected charges in a post on his Truth Social Web Site.
Trumpās post is reminiscent of his call in late 2020 for supporters to come to Washington on January 6th to protest the election results: āBe there, will be wild!ā
Trumpās rant on his social network is a doozy, calling for all investigators to be fired:
āDistrict Attorney Bragg is a danger to our Country, and should be removed immediately, along with Radical Lunatic Bombthrower Jack Smith, who is harassing and intimidating innocent people at levels not seen before, āGet Trumpā Letitia James, the worst Attorney General in the United States, and Atlanta D.A. Fani Willis, who is trying to make PERFECT phone calls into a plot to destroy America, but reigns over the most violent Crime Scene in America, and does nothing about it!ā
Meantime there are reports multiple Secret Service agents who guard Trump will testify before a D.C. grand jury likely on Friday. The grand jury appearances are related to the Special Counsel Jack Smith probe into the handling of classified documents at Mar-a-Lago, and may change the former President with obstruction of Justice.
š#Disneyās Iger Takes on #DeSantis
Walt DisĀney CEO Robert Iger called FlorĀidaās acĀtions against DisĀney over the past year āanĀtibusiĀnessā and āanti-FlorĀidaā in his first in-depth comĀments about the comĀpaĀnyās onĀgoĀing batĀtle with Gov. Ron DeĀSanĀtis.
āWhile the comĀpany may have not hanĀdled the poĀsiĀtion that it took very well, a comĀpany has the right to freeĀdom of speech just like inĀdiĀvidĀuals do,ā Iger said at DisĀneyās anĀnual meetĀing of shareĀholdĀers, in response to a quesĀtion about the disĀpute.
The two sides have been clashĀing since DisĀneyās deĀciĀsion in early 2022 to pubĀlicly opĀpose the Parental Rights in EdĀuĀcaĀtion bill, a meaĀsure that proĀhibits classĀroom inĀstrucĀtion on genĀder and sexĀuĀalĀity for young elĀeĀmenĀtary school students.
š¢Stocks Sinking
Stocks sinking a day after OPEC cuts oil production. Washington has stepped in to criticize the decision by eight OPEC+ producers ā including group leader Saudi Arabia and key allies Kuwait and the UAE ā removing more than 1-million barrels per day from global oil markets.
It comes after The Nasdaq gained 16% for the first quarter. It was the best quarter since 2020 for the tech-heavy index. The Dow ended the period with a 0.38% increase.
BUT, a widely anticipated recession has YET failed to materialize. The labor market has remained robust, even with a pickup in layoffs in the technology sector in recent months. And inflation, while still high, has continued to ease, consumer prices rose 6% from a year earlier in February, the smallest annual gain since September 2021.
šøBank Bailout: Is YOUR Money Safe?
Next troubled Bank Charles Schwab, facing pressure from bond losses and rising cash yields.
Schwabās stock closed on Friday at $52.38, down from $76.20 on March 8, two days before the federal government shuttered Silicon Valley Bank. Itās down nearly 44 percent, from $93.16, on March 29 of last year.
President Biden urging federal banking regulators to take up a set of reforms reversing Trump-era regulatory rollbacks, following the collapse of Silicon Valley Bank and Signature Bank.
Efforts to stop a spreadĀing panic folĀlowĀing reĀcent bank failĀures seemed to be working, as the largest banks in the U.S. swooped in to resĀcue First ReĀpubĀlic with a flood of cash toĀtalĀing $30 Billion.
BUT, there are 186 including Schwab and other banks across the country that could fail according to a study published on the Social Science Research Network.
Still the crisis has a Silver Lining: Mortgage Rates Are Lower and as a result home sales rose in February. It comes as home prices dropped for the first time in 11 years.
SitusAMCās Tim Rood, a GisermanGroup Client breaks it all down to Foxās Neil Cavuto:
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š¤ChatBots āProfound Risk To Societyā
More than 1,000 technology leaders and researchers, including Elon Musk and Apple co-founder Steve Wozniak, have urged artificial intelligence labs to pause development of the most advanced systems, warning in an open letter that A.I. tools present āprofound risks to society and humanity.ā
Artificial intelligence is taking over āclerical white collar work,ā says IBM CEO Arvind Krishna. Jobs like customer service, human resources, and positions within finance and health care could all see ChatBots taking them over ā not years from now but in the current day, according to Krishna.
Researchers from OpenAI and the University of Pennsylvania argued in a new research paper that 80 percent of the US workforce could have at least 10 percent of their work tasks affected by the introduction of ChatGPT. They also found that about 19 percent of workers may find at least 50 percent of their duties impacted by GPT, or General-purpose technologies.
Thereās one big hitch: Governments ā notably Washington ā havenāt kept pace with regulations for the technology. That could lead to dire consequences: āBy failing to establish such guardrails, policymakers are creating the conditions for a race to the bottom in irresponsible A.I.,ā Carly Kind, the director of the Ada Lovelace Institute, a policy research group, told The Times.
ā°TikTok: Time Running Out On Chinese Co.
Ban TikTok.
A high-stakes showdown as TikTokās CEO testifies in front of a House Committee.
The Biden adĀminĀisĀtraĀtion deĀmandĀing TikĀTokās ChiĀnese ownĀers sell their stakes in the video-sharĀing app or face a U.S. ban.
TikTok CEO Shou Zi Chew told lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data but added that wonāt be the case once its risk mitigation plan is complete.
Matt Hayden Former Cybersecurity Czar at the Department of Homeland Security and a GisermanGroup client on Scripps News says TikTok is dangerous:
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WSJ Reporter Arrested In Russia
President Biden, EuĀropean govĀernĀments and the chief of the North AtĀlantic Treaty OrĀgaĀniĀzation deĀnounced the arĀrest of Wall Street JourĀnal reĀporter Evan GerĀshkovich and demanded his reĀlease, while a seĀnior RussĀian diploĀmat said the inĀvesĀtigaĀtion in the reĀporterās case was onĀgoĀing and deĀclined to state when he would be perĀmitĀted visĀits from lawyers and U.S. diploĀmats.
GerĀshkovich, 31 years old, was arĀrested in the Russian city of YekaĀterĀinĀburg. RussĀian auĀthorĀiĀties have acĀcused GerĀshkovich of esĀpiĀonage, which the JourĀnal and the Biden adĀminĀisĀtraĀtion deny. He is curĀrently beĀing held at a jail in MosĀcow run by RusĀsiaās FedĀeral SeĀcuĀrity SerĀvice, or FSB.
š«Video: Shooter Kills 3 Kids At School
Nashville school shooter Audrey Haleā manifesto is set to be released to the public after the FBI and itsā highly skilled team of criminal profilers analyze its contents.
Three children and three adults were killed and the heavily-armed transgender shooter is dead at a private Christian school in Nashville. All of the kids were 9 years old!
This video of the incident was released overnight.
The 28 year old shooter said to have been armed with two rifles and a handgun, and a former student at the school. She apparently left behind what police call a manifesto and detailed maps of the scene planning the shooting.
Police say they shot and killed the suspect within minutes of arriving at the scene and hearing shots fired on the second floor. Hereās the policy body-cam video:
Hale, was under doctorās care, Chief John Drake of the Nashville Police Department at a news conference added that the alleged shooterās parents felt that their child āshould not own weapons.ā
CLICK: School Shootings This Year
This is the photo on the Christmas Card of the Congressman who represents the Nashville district:
Enough Said!
š Home Sales Surprise
If the economy is so bad, why then are home sales so good? Home prices nationally rose 0.16% in February according to Black Knight. That is the strongest one-month gain since May of last year.
SitusAMCās Tim Rood, former FannieMae Executive, and a GisermanGroup client, on Yahoo Finance, FBN's Cavuto and on Scripps News says Housing is the Cinderella Story of the Year:
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ā¾ļøBatter Up - Baseballās Back
On This Baseballās Opening Week
ā¦.we give you our favorite baseball song to get you in the mood:
But Get This:
A breakdown of the typical cost to see a live Major League Baseball last year puts the national average at $256 for a family of four.
That aināt peanuts!
šNCAA Finals
The Huskies have their fifth national title.
After a thoroughly dominant run through the NCAA tournament, No. 4 UConn delivered an exclamation point handling No. 5 San Diego State, 76-59.
The Huskies came within a few points of being the most dominant team in tournament history. They beat Iona by 24, St. Maryās by 15, Arkansas by 23, Gonzaga by 28 and Miami by 13 before Mondayās matchup with the Aztecs. They wouldāve needed to beat San Diego State by 26 in order to break the all-time tournament record for point differential, but the Aztecs kept it respectable in the second half.
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šŗFoxNews: A Dangerous TV Show
Fox News suffers a setback in its defense against a $1.6 billion defamation lawsuit that claims it lied about voter fraud in the 2020 election. judge says the case, brought by Dominion Voting Systems, is strong enough to conclude that Fox hosts and guests had repeatedly made false claims about Dominion machines and their supposed role in a fictitious plot to steal the election from President Trump, and will go forward.
Rupert Murdoch, chairman of Fox Newsās parent company, acknowledged in a deposition that several hosts for his networks promoted a false narrative that the election in 2020 was stolen from Donald Trump, according to just released court documents.
āThey endorsed,ā Murdoch said under oath in response to direct questions about the hosts Sean Hannity, Jeanine Pirro, Lou Dobbs and Maria Bartiromo, a legal filing by Dominion Voting Systems said. āI would have liked us to be stronger in denouncing it in hindsight.ā
Despite what Fox News reported after the 2020 election, behind the scenes its most prominent stars and highest-ranking executives privately trashed claims of election fraud. That's according to damning messages contained in that court filing, part of Dominion Voting Systems'$1.6 billion lawsuit against Fox.
The messages show that TuckerCarlson, Hannity, and Laura Ingraham laughed at lies being pushed by former President Donald Trumpās camp asserting that the election was rigged.
In messages, Hannity said Giuliani was "acting like an insane person" and Ingraham described him as "an idiot." Murdoch said it was "really bad" that Giuliani was advising Trump.
The messages also revealed that Murdoch did not believe Trumpās election lies and even floated the idea of having Carlson, Hannity, and Ingraham appear together in prime time to declareĀ Biden as the rightful winner of the election. Such an act, which never happened, "Would go a long way to stop the Trump myth that the election was stolen," Murdoch said.
šCNNās Morning Debacle
CNNās low rated morning show was already in trouble. Its three anchors show little chemistry reflected in dropping audience numbers. Now, Don Lemon, one of the morning-show anchors has been criticized by the man who created the losing show, after his on-air comments about women and aging set-off an uproar inside the cable news channel. Lemon made no on-air mentions this morning but did send the above tweet.
Lemon upset colleagues when he asserted on the air that Nikki Haley, the 51-year-old Republican presidential candidate, āisnāt in her prime, sorry.ā āA woman is considered to be in her prime in her 20s and 30s and maybe 40s,ā Lemon said, to the visible dismay of his āCNN This Morningā co-anchors, Poppy Harlow and Kaitlan Collins. He refused to back down after Harlow questioned his remarks, telling her to ālook it up.ā
Lemon returned to the show after a memo sent by CNNās chairman Chris Licht said Lemon āhas agreed to participate in formal trainingā over his on-air behavior and that the network took āthis situation very seriously.ā
āļøCool Beans: Coffee Good For You
Go ahead have that second cup. A new study says Coffee is good for you.
The research showed that coffee has striking effects on physical activity levels, causing people to move more, taking, on average, 1,000 extra steps a day ā a significant boost in activity that might help explain why coffee consumption has long been linked to better health.
But the study, published in the New England Journal of Medicine, did find some downsides to a daily cuppa. It showed that people lost about 36 minutes of nightly sleep on days when they drank coffee ā and the more coffee they drank, the less they slept.
āļøHow About Olive Oil With Your CoffeeāReally
Coming to a Starbucks near you coffee with olive oil!
The cofĀfee chain plans to launch a line of olive-oil-inĀfused drinks, set to deĀbut in the comĀpaĀnyās cofĀfee shops in Italy this week and the U.S. in the spring. The Oleato bevĀerages will inĀclude an oat-milk latte imĀbued with exĀtra-virĀgin olive oil, and a cold brew drink topped with āgolden foamā inĀfused with the oil, exĀecĀuĀtives said. Star-bucks is also adding the oil to its Iced Shaken Espresso bevĀerĀage, pairĀing it with oat milk and hazelĀnut.Ā
šļøSantos āAn Ass,ā Says Romney
Sen. Mitt Romney (R-Utah) verbally attacked Rep. George Santos (R-N.Y.) on the House floor at the State of the Union because he believed the lawmaker should have been āstaying quietā rather than out shaking hands, as Santos comes under fire for lies about his background and potential campaign finance violations that are now under investigation.

Romney told Santos he āshouldnāt have been thereā during a tense exchange when the two came in contact on the House floor, the senator confirmed to reporters.
The Utah senator told reporters he ādidnāt hear anythingā if Santos responded to him, though Santos claims he responded, āGo tell that to the 142K that voted for meā and Romney then called him āan ass.ā
Santos is facing an ethics investigation for misleading voters about his past, including his professional experience. He is also facing investigations into false statements he made during his campaign about his education, work history and ancestry. More questions arose recently regarding the source of six-figure loans to his campaign.
A disabled veteran claims that Santos lied about large portions of his resume ā purportedly bilked him out of $3,000 meant to go toward life-saving care for his dog.
Santos reportedly dressed as a drag queen named āKitaraā while living in Brazil more than a decade ago as more details of the congressmanās convoluted identity continue to emerge.
Researchers found no evidence that Santos had earned degrees at Baruch College and New York University, as he has claimed. They turned up records showing his involvement with the company accused of a Ponzi scheme ā a relationship he had played down. They found eviction records, business records and a suspended Florida driverās license, which together raised questions about whether he was a legal New York resident and as rich as he claimed to be.
The House Republican leadership is facing growing pressure to punish Santos after GOP leaders in New York call on the congressman to step down.
šFTX Drama Leads to Crypto Collapse
The fallout from the collapse of FTX is expanding as a growing number of crypto businesses report that theyāre struggling financially.Silvergateās shares plunged after a run on the bank. The crypto-focused bankās stock fell nearly 43%. Coinbase, a cryptocurrency trading platform, said it would lay off about 20% of its employees, its latest move to cut costs as crypto markets decline. The layoffs come after nearly a fifth of employees were let go in June.
Federal authorities are moving to seize hundreds of millions of dollars in assets in the U.S. tied to the bankrupt cryptocurrency exchange FTX, a sign that the battle over control of the companyās remaining funds is escalating.
FTX founder Sam Bankman-Fried pleaded not guilty to fraud and other criminal charges, in New York Federal Court following the collapse of his cryptocurrency exchange. His trial is scheduled for October.
Politicians were among the biggest benefactors. Bankman-Fried; Ryan Salame, the former co-C.E.O. of FTX; and Nishad Singh, a former head of engineering at the company, have donated a total of $84.3 million to Democrats, Republicans and political action committees since 2019, according to data collected by OpenSecrets.org.
Meantime, a lawsuit has been filed against stars who promoted the firm includingĀ Larry David,Ā Tom Brady, andĀ Stephen Curry.
Exigerās Samar Pratt on FinTechTV explains how Crypto had just gained a foothold at BNY Mellon before this meltdown:
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Get The Notice You Deserve in 2023
Itās a trying time for all of us.
>>Get your business noticed now<<
GisermanGroup.com will design a campaign to get you and your business in front of the public.
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šWeight Loss Wonder Drug Worth Billions
What price beauty?
An Eli Lilly drug if approved for weight loss could become the best-selling drug of all time.
Experts are confident that the drug, called tirzepatide, will be granted approval by the Food and Drug Administration sometime this year.Ā If thatās the case, it would join two other popular ā and expensive ā recently approved weight loss drugs on the market, Wegovy and Saxenda, both from the drugmaker Novo Nordisk.
The drugs have been shown in clinical trials to be highly effective for weight loss. All three drugs ā which are given as injections ā work in a similar way: Theyāre a class of drugs called GLP-1 agonists, which mimic a hormone that helps reduce food intake and appetite.
Oh yea it would cost you $13,000 a year (and most insurances wonāt pay)!
š»They Want Your Password
Warning-New Scams to steal your passwords.
If you've had a password hacked recently, you aren't alone. The volume of password attacks has soared to an estimated 921 attacks every second. That's a 74% rise in one year, according to the latest Microsoft Digital Defense Report.
Exiger's Robert Kolasky with more on Bloomberg & CBS:
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š°Money Does Buy Happiness
Money really does buy happiness.
The rule extends well beyond the $75,000-a-year salary threshold that had been seen as the upper limit for making an impact, according to a team of scientistsĀ that include theĀ Nobel Prize-winning psychologist who introduced the idea of a happiness plateau more than a decade ago.
Happiness does increaseĀ steadily in line with incomes and even accelerates as pay rises beyond $100,000 a year and more ā as long as the person enjoys a certain baseline level ofĀ happiness to begin with. Thatās according to a study of 33,391 people living in the US, published in the Proceedings of the National Academy of Sciences journal.
The resultsĀ contradictĀ a famous 2010 paperĀ by the psychologist Daniel Kahneman and economist Angus Deaton, which reportedĀ that happiness goes up with incomeĀ until the relationship starts to āflattenā at between $60,000 and $90,000 a year.
































