Let's see.... so someone who knows how to use this program can use it to manipulate markets can they? Is that manipulation "in fair ways" if Goldman uses it, but "unfair ways' if someone other than Goldman uses it?
What was shocking was the disappearance of the #1 mainstay of complete trading domination from not just the aforementioned #1 spot, but the entire complete list. In other words: Goldman went from 1st to N/A in one week.
Goodness, we wouldn't want to have conditions when providing the entire American financial systems with a taxpayer-funded blank check now would we. A blank check with even one footnote of small print is inappropriate...
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression (Publisher: I suggest this article to you - Rolling Stone has video with Matt Taibbi about writing of article)
The new rule means the public will no longer be able to tell if large investment banks are manipulating the stock market for their own gain, says Matt Taibbi, the journalist whose Rolling Stone article on Goldman Sachs’ role in asset bubbles...
Something is definitely amiss in the Anti-Real ID political community.
Amid chatter of neo-conservative infiltration in various Republican grassroots groups, 2 of the 5 original Governors in States opposed to the Real ID Act [Maine, Alaska, New Hampshire, South Carolina & Montana] seem to have been serially removed from effectiveness in public office. Anti-Real ID sources in Washington D.C. allege that State level leaders are being targeted, specifically Governors, for complicity in Real ID matters.
The revelation that the Washington Post had planned to hold
corporate-sponsored "salons" with public officials at publisher
Katharine Weymouth's house continues to have repercussions in media and
political circles. The White House issued an ethics reminder to staff,
while lawmakers and Post editors have tried to distance themselves from the event.
Taliban fighters were being imported from Afghanistan into Iraq to
attack civilians and U.S. soldiers, as well as how Muqtada al-Sadr’s
al-Mahdi Army was being allowed to import materials to make IEDs.
A just-amended lawsuit alleges six additional instances of unprovoked attacks on Iraqi civilians by Blackwater contractors.The Blackwater guards also shot the boy’s mother in the back as she bent over trying to shield her 3-month-old daughter, who nevertheless was shot in the face.
California filed a $222 million lawsuit against the owner of 22 Midas
Muffler shops after uncover agents discovered a "massive" scheme in
which consumers were charged for unneeded repairs, California Attorney General Edmund G. Brown Jr. announced.
"These
Midas shops were running a massive bait-and-switch scam, in which
customers were lured in with the promise of cheap brake specials and
then charged hundreds more for unnecessary repairs," Brown said in a
statement. "This investigation revealed a shady and deceptive operation
that violated the trust of its customers."
During the four-year
investigation, agents found shops owned by Maurice Irving Glad
regularly advertised sub-$100 brake specials to lure customers into
paying for hundreds of dollars of work that was not needed or,
sometimes, not even done.
The lawsuit, filed was filed by
Brown along with Alameda County District Attorney Tom Orloff and Fresno
County Dis
Because Obama is not eligible to be a president of the United States and has committed fraud by usurping the office, the grand jury has charged Obama and others with treason.
There is intervention, there is manipulation going on. No one has exact proof of what is going on but it's out there, and the real liquidity has been gone for a while. People don't understand, the liquidity is not coming back."
Should the public come to believe that the NYSE has turned into nothing more than a gigantic pump-and-dump scheme operated by a handful of banks trading between themselves the consequences could be catastrophic.
TREASON:
A crime that undermines the offenders government
disloyalty by virtue of subversive behavior
treachery: an act of deliberate betrayal
Treason is an act of disloyalty or betrayal of trust to your own government. Examples of treason include assassination of a state figure, fighting against your own nation in a war, assisting enemy combatants, or passing vital government information to the enemy. Historically, treason has been severely punished, because an act of treason can destroy a nation. In the modern day, a conviction of treason is accompanied at a minimum by a long jail sentence and a heavy fine, and may merit the death penalty under certain circumstances.
Sen. Daniel K. Inouye's
staff contacted federal regulators last fall to ask about the bailout
application of an ailing Hawaii bank that he had helped to establish
and where he has invested the bulk of his personal wealth.
The bank, Central Pacific Financial, was an unlikely candidate for a
program designed by the Treasury Department to bolster healthy banks.
The firm's losses were depleting its capital reserves. Its primary
regulator, the Federal Deposit Insurance Corp., already had decided
that it didn't meet the criteria for receiving a favorable
recommendation and had forwarded the applica
Amusing to see the biggest propaganda voice for the administration and General Electric let this one slip. At 2:22 in the video below, Larry Levin discloses the truth about ongoing flagrant market manipulation.
We were distracted for a while by visions of a pale death angel moonwalking across the deck of collective consciousness. Eerie parallels resound between the sordid demise of pop singer Michael Jackson and the fate of the nation.
U.S. District Court Judge Denny
Chin sentenced Bernard Madoff to the maximum 150 years in prison today
for running the biggest Ponzi scheme in history, calling the crime:
“extraordinarily evil.”
“Symbolism is important,” Chin told Madoff at a New York sentencing hearing.
Earlier, Madoff spoke for the first time about the scam, telling
Chin: “I will live with the pain and torment (of hurting people) for
the rest of my life.”
“I cannot offer an excuse for my behavior,” Madoff said. “How to do
excuse deceiving investors? How do you excuse lying to your sons? How
do you excuse lying to your two brothers? How do you excuse lying to a
wife who stood by me for 50 years.
“There is no excuse for that,” Madoff told the court. “I made a
terrible mistake. . . . I’ve left a legacy of shame for my children and
grandchildren. I will live with the pain and torment the rest of my
life.”
Then, the scammer turned to victims in the courtroom and
Additionally, the phenomenal spike in call option volume two months ago in insurance companies before it was announced they would all become eligble for TARP was about as fraudulent as one can imagine, and yet neither the SEC or FINRA have done anything
Given the recent announcement that South Carolina Governor Mark Sanford
was AWOL in Argentina with his lover, and given that I laugh at the
double-standards of both Republicans and Democrats, I wasn’t shocked
with all the sanctimonious moralism being espoused
A woman is suing the city of Woodstock and a narcotics officer she said raped her at a police station. She said the incident happened after she agreed to work as a confidential informant after a drug arrest.
Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax
recently tightened standards for mortgages on new condominiums, saying
they could threaten the viability of some developments and slow the
housing-market recovery.
As the anticipated
July release date for Baxter’s A/H1N1 flu pandemic vaccine approaches,
an Austrian investigative journalist is warning the world that the
greatest crime in the history of humanity is underway. Jane
Burgermeister has recently filed criminal charges with the FBI against
the World Health Organization
excerpts of e-mails, obtained by The State newspaper in December,
between Gov. Mark Sanford’s personal e-mail account and Maria, a woman
in Buenos Aires, Argentina.
Former senior CIA Agent Philip Giraldi says If there
has been any “lesson learned” from the past eight years it is that
government officials like Cheney are not to be trusted when they assert
something without the support of incontrovertible evidence.