Entries Tagged as 'Headlines'

Rigged Market Capitalism: Goldman’s Derivatives and Monsanto’s Seeds

March 15th, 2010 144 Comments

Stacy Summary:  Two stories on Bloomberg today highlight perfectly our theory of Rigged Market Capitalism.

Goldman Sachs Demands Derivatives Collateral it Won’t Dish Out

Monsanto’s Seed Patents May Trump Anti-Trust Claims

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On the Pages of Huffington Post, Max Keiser Warned Investors July 2008 About Lehman’s Peek-A-Boo Accounting

March 12th, 2010 115 Comments

Stacy Summary:  I wonder how much Valukas was paid to come up with the same information that Keiser provided to Huffington Post for free? First, here is Max’s article from July 2008:

JULY 9, 2008:  Peek-a-boo accounting and the crash of Wall St financial stocks (Max Keiser / Huffington Post)

It’s peek-a-boo accounting where debts are [...]

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Bogus Accounting, JPMorgan Chase & Citi blamed in Lehman Report

March 12th, 2010 26 Comments

Stacy Summary:  What!?  Goldman Sachs wasn’t involved!?

JPMorgan & Citigroup helped trigger Lehman collapse, report argues

Lehman used accountancy gimmick to cover up debt (read the details carefully, it’s exactly as Max has warned for 6 years would be happening)

Denninger:  EXPLOSIVE:  Where are the cops?

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Heading for an Implosion in the Paper Gold Market?

March 11th, 2010 307 Comments

Stacy Summary:  h/t @ronron

It’s Going to Implode – Buy Physical Gold – – NOW!

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Banks Rally, Airlines Soar and Pole Dancing Booms

March 10th, 2010 202 Comments

Stacy Summary:   These are headlines I think explain gold.  Everyone (in the market anyway) thinks all is good now.  If they are flying first class, then it’s all okay . . .

Banks rally on M&A chatter

Airline shares soar on return of premium travelers

Lots of industries planning on hiring this quarter – – pole dancing [...]

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Pink Floyd and Queen to Leave EMI as Guy Hands’ Buyout ‘Implodes’

March 10th, 2010 45 Comments

Stacy Summary:  Oh dear.  We warned of this so long ago, I can’t believe Pink Floyd and Queen were still with EMI.  I also can’t believe Queen is still a band?
Video of our EMI prediction (from 5 minutes in . . . )

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Fitch warns Greeks first year of fiscal austerity is easiest, gets harder next year, and harder still the following year

March 10th, 2010 21 Comments

Stacy Summary:  Ooooooh boy.  And by the way, there is a downgrade warning in the article just for you @Mike/Liverpool.

Fitch warns UK and questions Greek rescue as sovereign risk grows

“The first year is fiscally the easiest. Next year they have to cut another 3pc of GDP, and the following year a further 3pc,” said Chris [...]

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Karl Denninger on when an Entire Market is a Scam

March 9th, 2010 27 Comments

Stacy Summary:  Arguments for maintaining the current Credit Default Swaps market argue that the ‘markets’ should be free.   Strangely, the threat of a real market exchange on which to trade these instruments gets met with howls of rage.  If the entire market as it is at present is mired with fraud and betting against [...]

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China Takes a Page out of Soros’ Playbook, Talks Down Gold in the Process of Buying It

March 9th, 2010 64 Comments

Stacy Summary:  I like the way that all official statements coming from China relating to almost anything, including the economy; are contradicted by several other official statements.  So, for example, in the last week we have heard from several official sources that the yuan will rise by up to 5pc and that the yuan, in [...]

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Tavakoli: Washington Must Ban U.S. Credit Derivatives as Traders Demand Gold

March 8th, 2010 108 Comments

Stacy Summary:  Wow, great piece by Janet Tavakoli.  We definitely need to get her on the show to discuss.  And, to all the Irish people out there, at your insistence, I have contacted David McWilliams!  You can, too, if you want to demand he appear as a guest on the show.

Washington Must Ban U.S. Credit [...]

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