Ellen Brown – Stock Market Collapse: More Goldman Market Rigging?

7 Responses to Ellen Brown – Stock Market Collapse: More Goldman Market Rigging?

1. Pez | May 9, 2010 at 4:16 am |

   What they need to do is come up with a derivative insurance that will payoff on all soon-to-be imploded ponzi derivative schemes. However who has 1.5 Quadrillion dollars? Maybe they should settle for Gulf coast beach property? There’ oil in them there shrimp!

2. g7enn | May 8, 2010 at 2:15 pm |

   Greenspan Admits Federal Reserve Is Above The Law and Answers To No One

   http://www.parenting-healthy-children.com/Parenting.xml

3. Max Power | May 8, 2010 at 1:41 pm |

   Wake me up when DJIA reaches 1400 USD, as that is its natural location …

   Otherwise I view most sharmarket news as a botheration.

   I suspect that the NZSX and AUSX not to be perturbed by such an event, albeit with the circuit breakers set up in the US this downturn would take about 3 weeks.

4. frances snoot | May 8, 2010 at 1:28 pm |

   “Ratings by private ratings agencies, long suspected of being in the pocket of Wall Street”

   The downgrade of Greek debt was initiated by Fitch, a French subsidiary, and indicated in the covered bond market of Greek banks. Wallstreet is a nebulous term I assume is meant to cover “American capitalism” as opposed to “European Keynesian Capitalism” and is used in a completely falacious way here by Brown.

   http://www.theedgemalaysia.com/business-news/160298-fitch-downgrades-3-greek-banks-covered-bonds.html

5. frances snoot | May 8, 2010 at 1:17 pm |

   Basically, Commerzbank is pulling out of the Greek repo market due to the liquidity position imposed by the Greek Central bank. This is the exacerbation of the market freeze: there is no Greek repo market at present.

   http://online.wsj.com/article/BT-CO-20100416-710860.html?mod=WSJ_latestheadlines

   http://blogs.reuters.com/marc-jones/2010/04/20/greek-repo-auctions-unsettle-primary-debt-dealers/

   http://www.forexyard.com/en/news/Greek-repo-auctions-unsettle-primary-debt-dealers-2010-04-20T183705Z

6. frances snoot | May 8, 2010 at 12:59 pm |

   http://www.zerohedge.com/article/greece-proceeds-make-bond-shorting-impossible

7. Majestic | May 8, 2010 at 10:37 am |

   ichiban!