The Milken-Madoff-Bonanno-Genevese-Gambino-Goldman Exemption Updated: We are officially a kleptocracy. The rulers have stolen the resources. When I left you last we were anxiously treading water, while the sharks...
opinion by RoryKearney | 21 wks ago | updated 21 wks ago 751 views | 8 recommendations | 3 comments
The financial bulldozer is in full throttle as it crushes us beneath its blade. The patients cannot be resuscitated. Your money, your children and grandchildren's money, is now theirs, never to be seen again. Those...
opinion by RoryKearney | 35 wks ago | updated 35 wks ago 496 views | 13 recommendations | 4 comments
"O Oysters," said the Carpenter, "You've had a pleasant run! Shall we be trotting home again?' But answer came there none-- And this was scarcely odd, because They'd eaten every one. from The Walrus and the...
opinion by RoryKearney | 38 wks ago | updated 38 wks ago 896 views | 9 recommendations | 2 comments
Can the message be any clearer. The United States Government wants us to fund our own retirement with 401K's, and then allows the Wall Street mobsters, who pay for their election campaigns, to steal our nesteggs. If we complain to the SEC they do NOTHING. Occasionally, if...
opinion by RoryKearney | 41 wks ago | updated 41 wks ago 1393 views | 31 recommendations | 5 comments
"It is the loose ends with which men hang themselves" - Zelda Fitzgerald — Link "They were careless people, Tom and Daisy--they smashed up things and creatures and then retreated back into their money of their vast carelessness, or whatever it was that kept them...
opinion by RoryKearney | 41 wks ago | updated 41 wks ago 1933 views | 10 recommendations | 4 comments
Connect the Dots • • • • • Illegal Gang Rape of US Stock Market • • • • • Surge of self made multi-billionaires who don't actually produce any product but profit off the destruction of...
opinion by RoryKearney | 46 wks ago | updated 45 wks ago 2753 views | 28 recommendations | 7 comments
One of the most amazing things about the giant Ponzi scheme run by Bernard Madoff is how many times the SEC was warned about it and yet did nothing. Today the body has released a statement accepting blame for missing the repeated warnings. The losses from the scheme could be...
Everyone is starting to listen to Nouriel Roubini. His predictions have been remarkably accurate and his latest is his most stark."Oct. 23 (Bloomberg) -- Hundreds of hedge funds will fail and policy makers...
created by mtippett | 1 year ago | updated 1 year ago 166 views | 7 recommendations | 4 comments
Suppose that major suppliers in the oil industry are the manipulative speculators. Two Stanford students explained how in the article 'Are Oil Prices Rigged?' in Time Magazine, last August 22, 2008, (Ari J. Officer studies financial mathematics at Stanford University....
Daniel Gross, contributing to Slate.com, writes ".... It's massively leveraged. It's buying distressed assets. It's taking equity stakes ....", like a hedge fund, his assertion in the article,...
created by Karen Hatter | 1 year ago | updated 1 year ago 214 views | 13 recommendations | 12 comments
Stocks, bonds, derivatives, marginal trading, hedge funds. Personally, I've just about had it! It is a given that the stock market and investment banking, when mentioned and discussed, causes many people's eyes...
opinion by Karen Hatter | 1 year ago | updated 1 year ago 1366 views | 121 recommendations | 29 comments
http://www.thesanitycheck.com/BobsSanityCheckBlog/tabid/56/EntryID/699/Default.aspxBobo O'Brien is the Paul Revere of the Market Meltdown except unlike Paul, the Government Ignored the Alarm and now we will all pay severely.7/15/2008 3:59 AMLocation: Blogs ...
created by RoryKearney | 1 year ago | updated 1 year ago 292 views | 0 recommendations | 0 comments
http://structuraleconissues.blogspot.com/Get out your popcorn its going to be a very exciting summer once again with the start of another round of show trials on the docket. The media parrots are gearing up to parade their emotionally charged personas in front of the cameras...
created by rpairan | 1 year ago 179 views | 0 recommendations | 1 comment
" Last week Standard Chartered chief economist Gerald Lyons told journalists in Dubai that he had recently been in a meeting with senior members of the UK government where, for the first time in his experience, genuine concern over the mounting competition from Dubai as a...
Hedge fund Blackrock therefore acquires a $15 billion loan portfolio for an equity payment of $3.75 billion. But the risk of this massive leverage is largely borne by the seller UBS through a loan to fund the acquisition.