Stacy Summary: Another great interview with Janet Tavakoli. Here she talks about Ambac being to Citi what AIG was to Goldman and, importantly, asks what about Sarbanes-Oxley? Why have Citi and Goldman merely paid fines for their accounting fraud? We’re interviewing William K. Black for this Thursday’s Keiser Report and we plan on asking him this. (Took away the embed, follow link above to watch).
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Goldman Sachs you scum!
… btw, good morning/day/afternoon/evening!
interesting? http://www.theatlantic.com/science/archive/2010/08/market-data-firm-spots-the-tracks-of-bizarre-robot-traders/60829/
William Black – awesome!
Pity it’s mostly a vicious circle. Just seem to be getting nowhere, the public is still considering their economic masters have everything under control and things are being done in the publics best interests.
buy this. http://www.guardian.co.uk/world/2010/aug/06/wyoming-grand-teton-national-park
@ronron,
Excellent find! Thanks.
@ronron,
I complimented your post concerning HFT…
@Tamir. cool. gotta run.
she could be hotter if she smiled more but she still no sherbert
Good work Janet Tavakoli! It’s crazy that so few bring these subjects up. It’s a criminal network which are the untouchables while the little guy is introduced into the crazy world of the “Ministry of Love” Police state.
William K. Black Why the financial reform bill won’t prevent another crisis http://money.cnn.com/2010/07/18/news/economy/finreg_law_incentives_bill-black.fortune/index.htm
BILL MOYERS JOURNAL | William K. Black | PBS http://www.youtube.com/watch?v=Rz1b__MdtHY
She’s absolutely correct, and what’s even more troubling is the lack of outrage from the American People as a whole.
It makes one want to pull out all their hair.
The media, this Congress and Wall Street have played this whole thing, from top to bottom all to their advantage.
What a piece of work this is!
They’ve pacified the left with Obama and gathered just enough nut jobs to successfully vilify the tea party.
If their aim was to destroy the United States
I’d say, Mission Accomplished
http://www.youtube.com/watch?v=wcKIhokQQlA
Someone please kick me so I can wake up now
Well ? The answer is quite simple. Because USA is a terrorist state, a rogue state. I call the USA the Axis of financial evil. Really is.
off topic, but I really need to know why Max and Stacy are ignoring the elephant in the room re climate change:
http://www.publications.parliament.uk/pa/cm200910/cmselect/cmsctech/221/221.pdf
this is not to deny that we humans are destroying the planet either, we must not conflate the two issues: yes, we are bringing about catastrophic resource depletion, and I STRONGLY suspect that THIS is the reason behind cap and trade, and why they decided to fudge the scientific information: it doesn’t necessarily mean that we’re not heading for armaggeddon, but it is still not proven that it is humans and not solar activity which is warming the planet. What is beyond doubt is that 90% of us will suffer and 10% will gain, because one thing is for sure: the serious issue of reaping all of our ‘low hanging fruit’ in one/two generations will come back to bite those of us who are not prepared.
Russian Contestant Dies in Finnish Sauna Contest
http://www.youtube.com/watch?v=XfkHWJEGqUE
idiots.
Baer’s Riniker Says Earnings Momentum to Slow in 2011 http://www.youtube.com/watch?v=lbx8oZh2-lc
@Ronron
Denniger covered it las week on his radio show and his blog. Yeah. Fuckin funny. Perfect waves of order. And then suddenly they ALL dissapear. I like the 90 degree lines ! Falling to zero. It’s indeed a dead giva away that these are phantom order, cancelled and not executed.
Shadow or phantom HFT painting of the tape. Americans are runned by a bunch of godamn crooks. Godamn Goldman Sachs. They can’t even hide it. And they don’t care. Just proves that the markets are utter joke. The bid or the ask mean nothing. The volume transaction either. Because EVERYTHING is ficticious ! A fiction !
The SEC is like a waiter you caught overcharging on your restaurant bill.
If you don’t check they get away with it and if you do catch them they just apologise.
Maybe the US needs a united front of Keiser/Herbert, Tavakoli, Black, Rickards, etc, etc. An economic powerhouse of knowledge to get together and cause some damage.
@susan – you conflate two different things; first we have talked about cap and trade in this episode of Keiser Report: http://www.youtube.com/watch?v=A5v-I8JrPxA
Cap and trade has nothing to do with the science of climate change. And it will not happen anyway but serves as a useful tool to keep the people shrieking back and forth to each other; though the worst polluting utilities in Europe have already made billions from the free credits they were given for the pretend European exchange. While we shriek, the link you provided is what I believe governments have in store for real; they will wait for the worst effects to happen because this is what they are, they are disaster capitalists. They have never, ever demonstrated a will to provide free markets and independence to genuinely sophisticated investors; it’s too hard for oligopolies and monarchs to compete and the margins are too thin. They are waiting for disaster to strike and for the desperate people to demand anything; that anything I believe will be these space shields that will reflect some of the heat from the sun; this will be the ultimate monopoly but at least half of the population shows preference for such a feudal toll booth sort of system where going off grid is decidedly NOT an option in this case.
“She’s absolutely correct, and what’s even more troubling is the lack of outrage from the American People as a whole.”
jischinger
Runaway Slave
http://www.youtube.com/watch?v=55aujTwuJY8&feature=player_embedded
The TEA party needs to be vilified, they are contemptible
Well I am a week off too to the Ardennes hopefully charging the grey cell batteries. http://cache.virtualtourist.com/4317146-TravelPicture-Ardennes.jpg
@y’all
What have I been barkin all tis while
“Nobody is more brilliant than yerself; yer boss just Hides information from ya in our stupid pyramidal society;hiding information does’nt make one a brilliant person ; it just makes yer Boss a JERK” – Bonn
Oh and Max & Stacy ya can use me phrase ON – AIR.
PS are ya allowed to say JERK or Asshole ON – AIR???
lololololol
ROFL
Hic
Feel free to use it on Goldman Sacks & tee Banksters anytime.
My sources are Iranian, not Israeli & are as of last week http://bit.ly/bSSVVc. Pros as interested in timing as substance of article
King World News http://bit.ly/9UBEND. Rehearsing the #inflation #deflation thing with a view to Fed policy this week
@ Stacy: thanks for that, and just re-listened to that show.
Knowing you guys both have an open mind and a GSOH, how’s this theory:
Cap and Trade has less to do with pollution but more to do with carbon depletion, getting people to use less oil, etc. He who manipulates markets has no qualms about manipulating the weather, thereby killing many birds with one stone: huge dirivative profits; huge insurance profits; political gain through economic instability, ultimate weapon of warfare “sign this or you get an earthquake/flood tonight”…….
I really do not find it beyond the bounds of possibility, especially as Goldman Sachs, who are ‘all over the C&T bill’ are also the US Gvt, who are fighting to keep a dying empire alive…..
…and at the end of the day, everyone says :”well, you can’t do anything about the weather”…..
PS I saw somewhere recently, that the HAARP record for the two hours before the Haiti earthquake have been deleted, and the US Army was just off-shore training for a similar event: what an amazing coincidence!!
@dan valley
Anybody online claiming to be IRANIAN is not necessaryly real .
A lot of iranian jews live in Occupied Palestine! besides You and Jpost and NT claimed Fars news as source. You are not by any chance a troll. are you?
This is second time I comment (first time in another thread ) this and you do not respond. why?