It's a Milken Madoff Mafia Markopolos World!

by RoryKearney | February 6, 2009 at 04:18 am
2600 views | 9 Recommendations | 3 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 together, and let other people clean up the mess they had made."
- F. Scott Fitzgerald, The Great Gatsby, Ch. 9 Link

* * * * *

Overstock CEO, Dr. Patrick Byrne and journalist Mark Mitchell have been left to tie up the loose ends and clean up their mess. Many others have been helping to clean up the cess pool, and deserve credit, like the Easter Bunny (still in hiding), Bud Burrell, Jim Da Costa, David Patch, Judd Bagley, and many, many more, and now Harry Markopolos has burst onto the scene.

We thank all the sung and unsung from the bottom of our wallets.

* * * * *

Congress is either part of the solution, or part of the disease.

I got involved years ago, and I am still waiting for them to do their jobs.

Believe me, they were adequately warned. There ain't a one of 'em, that don't know now, as the world is spiraling toward a depression. Many of them have been complicit, and have grown rich and slim (personal trainers, you know), and to date all they can come up with, is how to provide billions of dollars in aid, to some of the very same people who got us into this disaster.

Some in our government are on the cartel payrolls and also had their election campaigns funded by members of the cartel. Our hard earned money is being stolen and turned itno their soft money.

There are some good guys in the Government too, but not nearly enough, and now that Obama came in with his same old same old change, we need change more than ever. His answer is to put Mary Schapiro, of corrupt FINRA, in charge of the SEC.

Where are our "public servants" that were supposed to protect us.

I hear a lot of huffing a puffing lately, but no cell doors being slammed shut.

* * * * *

http://seekingalpha.com/article/111381-if-mary-schapiro-s-the-answer

Excerpt

If Mary Schapiro's the Answer...

It was probably a stupid question.

by Greg Newton

Nobody else has spent so long at such high levels of the long captured US securities regulation complex. She has been a big part of building the regulatory problem for two decades; Stockholm Syndrome means she is unfit to be part of the solution.

* * * * *
Deep Capture just put out another chapter in this incredible TRUE Patrick Byrne Story. I call it the Patrick Byrne Story because Patrick got his eyes pried wide open when the Wall Street crooks targeted his company, Overstock.com for destruction, by massively, illegally naked shorting its stock. They had done this to many companies before him, and continue to pound other companies daily, but when they got to Patrick, for once, they had picked on the wrong man.


He could have walked away, or never worked a day in his life for that matter, having been handed a huge trust fund by the luck of being sired by a brilliant man, Jack Byrne (mentioned in the new deep capture), who once worked with Warren Buffett.
 
One day, a big bunny named bobo, whispered the truth in his ear, and when Patrick looked around, he realized that companies were indeed being systematically destroyed for short sellers profiteering, and that the health of the entire world's finances were being stolen, by  a cartel of Wall Street crooks.
 
Fortunately for the world, Patrick, like all the others who are at the forefront of this cause, (despite the fact that many of their lives have been threatened), has such a great sense of community and morality, that he could not just stick his head back in the sand and pretend he didn't see. Instead, he jumped into the rabbit hole, head first, and has made pursuit of the miscreants a mission.
 
Here is a message to all from Patrick, aka Hannibal.
 
Mark Mitchell's Latest Pulp Non-fiction 

Glad to see you folks are already on Mark's latest installment. Please do me a favor, and forward it to a dozen friends. 
 
http://www1.investorvillage.com/smbd.asp?mb=3532&mn=30843&pt=msg&mid=6621912
 
 
 
* * * * *

If you haven't been following along, you may want to start here >>

http://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/

Explanation from Patrick Byrne:

Chapter 1 - The Players

Over the last twenty years Wall Street has become dominated by a group of players who first pushed the laws to their limits, then openly flouted them until they became blurred beyond the possibility of enforcement.

Chapter 2 - The Journalists Tried to Be Players But Became Pawns

Over the last fifteen years the standards of financial journalism have been eroded by a group of reporters who have tried to appear as players, but have become pawns. A significant fraction of the journalists on the Wall Street beat have become shills of a handful of hedge funds.

Chapter 3 - Our Captured Federal Regulator The SEC

The Securities & Exchange Commission, regulator of our nation’s capital markets, has been captured by financial elites to the point that it favors Wall Street over Main Street.

 Continue Reading Here >> http://www.deepcapture.com/deep-capture-the-explanation/

The New Deep Capture Episode ties in convicted felon Mike Milken, Sol "Red" Steinhardt, Michael Steinhardt, Stevie Cohen, Jim Cramer, Jim Chanos, Sam Israel III, convicted felon Sam Antar, Bernie Madoff, Monsieur Rene Thierry Magon de La Villehuchet (they said it was suicide), and a cast of characters that nightmares are made of.

  • Excerpt
  • Another employee of Gruntal – a fellow who sat next to Steve Cohen (later known as “the most powerful trader on the Street”) – was Stephen Feinberg, who had moved to Gruntal from Michael Milken’s operation at Drexel Burnham Lambert.

    Feinberg had been one of Milken’s most favored employees. Most likely, he moved to Gruntal (“the “shabby side of the Street,” as Fortune magazine described it) to reinforce the relationship between Gruntal and Milken’s nation-wide stock manipulation network.

    Nowadays, Feinberg runs Cerebus Capital, one of the most powerful private equity firms in America. In an upcoming story, I will tell you how Cerebus loots the companies it seizes.

    Continue Reading Here >> http://www.deepcapture.com/bernard-madoff-the-mafia-and-the-friends-of-michael-milken/

    Posted in 6) Ruined Firms & Looted Pensions, AntiSocialMedia with Judd Bagley, The Mitchell Report | 32 Comments »

    If this article concerns you, and you wish to do something about it, then send it to a dozen friends, and check here for additional suggestions: So You Say You Want a Revolution?

    * * * * *

    Party's at Stevie Cohen's House

    Cohen’s mansion already boasts an ice rink (with Zamboni machines!), an indoor pool, a basketball court and, based on aerial views of the palatial manor, a tennis court and a two-hole golf course.

    http://www.thinkfn.com/forum/viewtopic.php?t=808&view=previous

    The art collection there contains edgy contemporary work. "Self," a sculpture of a human head carved from the frozen blood of the artist, Mark Quinn, is housed in a refrigerated plastic cube.
    http://www.elitetrader.com/vb/showthread.php?threadid=76935

    This is how Stevie would like you to believe he makes his money. Stay tuned. The real story is on the way.

    The Most Powerful Trader on Wall Street You've Never Heard Of

    By Marcia Vickers  JULY 21, 2003

    Meet Steve Cohen. Even his enemies admit he's the best stock trader around, routinely trouncing the market with his $4 billion hedge fund. Just how does he do it? A gunmetal-gray BMW 745 Li sedan slips out of Steven A. Cohen's 14-acre walled estate. The chauffeured car races along the winding backcountry hills of ultrawealthy Greenwich, Conn. At around 8 a.m., it powers into the parking lot of SAC Capital Advisors. Cohen quickly emerges and darts into the front entrance of his gleaming steel and terra-cotta-slabbed Stamford (Conn.) headquarters. His driver swings the car around to the back and parks in a space with a simple reserved sign amid a sea of testosterone-exuding cars belonging to his traders: Mercedes S600s, Lexus sport-utility vehicles, and Porsche Carrera 4s. Cohen will soon be sitting at what one trader calls "command central" -- his desk with its numerous screens, perched in the midst of a football field-length trading floor. In the next few hours he is likely to earn several million dollars.

    http://www.businessweek.com/magazine/content/03_29/b3842001_mz001.htm

    * * * * *
     
    TARP — Troubled Asset Recovery Program
    aka  Buy a Banker a Bigger Boat

    Question: How Do You Make a Billion Dollars from a Sows Ear?

    Ans: Steal it from the working stiffs.

    * * * * *

    The Bunny is Back!

    The Face Of Evil Turns Out to Be Sweaty, Fleshy, and Slack-Jawed....

    It's not so much that I am capable of surprise anymore.

    It's more that I never thought that the SEC would stand in a hearing designed to investigate their corrupt bungling of the largest ponzi scheme of all times, and try to bore us to death.

    Everyone should watch this amazing clip of Ackerman coring the SEC a new one, and sounding remarkably like your favorite Easter Bunny in his assessment of the SEC's capabilities.

    Continue Reading Here >> http://thesanitycheck.com/BobsSanityCheckBlog/tabid/56/EntryID/751/Default.aspx

    Comments (10)

    * * * * *

    This deserves a story of its own, (my better half is going to do a Now Public story of Markopolos, the FDA and the SEC corruption, convicted felon Michael Milken and the Prostate Cancer Foundation and our organization, CareToLive.com) but I cannot put out this story without at least mentioning our new great hero Harry Markopolos.

    From the NY Post
    Madoff Victim List
    http://www.nypost.com/seven/02042009/news/madoff_victim_list.pdf

    Harry Markopolos, another modern day Superman, has burst onto the scene after 9 years of trying to alert the SEC in his attempt to try to ward off the impending Madoff $50 billion dollar Ponzi Scam. Unfortunately the SEC is captured and serves the the crooks instead of the investors they are there to protect from the predators. You can hear about it in Harry's own words as he testifies before Congress.

    Don't miss it

    http://www.c-span.org/Watch/watch.aspx?MediaId=HP-R-15116

    Former investment manager Harry Markopolos, who investigated investment adviser Bernard Madoff in the 90's, testified before the House Financial Services Subcmte. on his experiences with the Securities and Exchange Commission. This is the second in a series of hearings on the Madoff investment scheme.
    Washington, DC : 4 hr. 39 min.

    * * * * *

    Still Scamming After All These Years

    Jim Cramer
    http://www.youtube.com/watch?v=xgNU1yd1TNg&feature=channel_page

    * * * * *

    If you haven't noticed, it is taboo to mention Deep Capture in the mainstream press. Please help spread the word.

    * * * * *

    "Gatsby believed in the green light, the orgiastic future that year by year recedes before us. It eluded us then, but that's no matter--tomorrow we will run faster, stretch out our arms farther.... And one fine morning-- So we beat on, boats against the current, borne back ceaselessly into the past."

    - F. Scott Fitzgerald, The Great Gatsby, Ch. 9 http://classiclit.about.com/od/greatgatsbythe/a/aa_greatgatsbyq_3.htm

    * * * * *

      Other Now Public Stories by Rory Kearney

    The Magic Madoff Show - Now You See It, Now You Don't
    The Madoff Exception - Market Mystery Revealed
    Hell Hath No Fury Like a Woman Ponzied
    Care To Live Vs. The Prostate Cancer Advocacy Groups
    Secret to Hedge Fund Profits Revealed - Laws Don't Apply to Rich
    I'm Madoff As Hell And I'm Not Going To Take This Anymore!
    More Prostate Cancer Smoke & Mirrors From the Broken FDA
    Overstock.com CEO Throws Down the Gauntlet
    Wall Street Bulldozes A Company, But FFH Won't Die!
    TheStreet.Com - Captured Journalist Heaven
    Madoff and the Smirking Larry Kudlow and Press
    Canadian Company Fairfax Financial Attacked From Down Under
    Liquidity Thy Name Is Madoff — Full Court Captured Press & SEC
    Mad Dog Madoff Steals 50 Billion, Gets Bail - Tip of the Iceberg
    1234next ›last »

    Advertisement
    recommend This comment thread is now closed
    1
    RoryKearney

    Thanks Roy. This story needs to be heard until somebody who can make a difference finally listens.

    2
    Mary Richard

    I'm looking forward to reading a story on Markopolos!

    1
    RoryKearney

    I am hoping that Markopolos takes a job at the SEC, but he said he is not able to for 2 years. He was incredible at the Congressional hearing.

    http://www.c-span.org/Watch/watch.aspx?MediaId=HP-R-15116

    I believe he had a private meeting with the Congress on Thursday. I hope they will release the info. He said he is going to tell them about a 1 billion dollar ponzi scheme now going on. He also mentioned the FDA, as being just as incompetent and in bed with the people they are supposed to protect us from. Mike is going to do a story on it.




    This story was created over 3 months ago, the comment thread is now closed.

    NowPublic on Facebook

    What is NowPublic?

    NowPublic lets people work together to cover news events around the world.

    Find out more

    Crowd Power

    Anonymous
    First Flagged at 4:41 AM, Feb 6, 2009 by Anonymous (not verified)

    Related Stories

    Recommendations (9)

    Most recently recommended by:
     

    closeSign in to NowPublic

    is reporting from