By GTM on February 5, 2009
If you haven’t seen Rep. Gary Ackerman crucify three senior SEC members for ten minutes it’s a must see. Start at the 00:24:10 mark.
What is infuriating to many people is the SEC’s response to being called out by Ackerman. They deflect, diminish, and claim executive privilege. Their response makes perfect sense when one understands [...]
Posted in Banks, Market Manipulation, SEC | Tagged BSC, LEH, MS
By GTM on October 13, 2008
As money flows from the regulated market to the unregulated market, we are now recreating the conditions that existed immediately before the Great Crash.
Posted in Meltdown, SEC | Tagged BSC, LEH, MS
By GTM on June 16, 2008
Okay, not exactly shot, but they’ve had it with the illegal games that rob them of a peaceful retirement. The laws are already there, except for some glaring problems. One is the SEC does not have a mechanism to enforce the law! The practice is much harder and less profitable in Canada [...]
Posted in SEC
By GTM on June 7, 2008
This is a collection of some recent illegal trading tactics. I quoted when able. I didn’t expand on a theory, but circumstantial evidence exists of White House involvement with an insider trade on Bear Sterns. The man who Gary Aguirre was fired for investigating is John Mack, CEO of Morgan Stanley, and he’s a big [...]
Posted in Market Manipulation, SEC, Trading | Tagged MS
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