The MacDougal Post: The Other Wall Street

October 21, 2010

The Other Wall Street

    A lot of dads come out to watch their kid play ball, and Wall Street CEO’s are no exception. Years ago, I met one with no Gangland affiliation. My mob connection, who had close matrimonial ties to my mother, who was a saint, called this guy a straight arrow.

    Turned out the man proved to be an investor pulling clients in on deals that actually financed America, what wise guys said they were doing while financing themselves. His firm never joined in with the bloodsucking thieves around The Street to gangbang markets or sectors or even individual stocks, nor pulled off any nefarious schemes my mob connection could finger him for.

    They didn’t have any bloodsucking thieves in the office.

    In reading what’s been blogged on our website so far, we realized this part's been left out. Back in the day they weren’t all crooks down there.

    Just pretty much everyone doing business with Filch & Finagle.

    At least this one firm was the real deal. And still is, we assure you.

Inside the Scam

Short-sellers flood markets with bogus shares, involving buyers in bookkeeping transactions, not stock, and not telling them about it. Wall Street helps hide the fraud with Madoff accounting, even letting shorts pay dividends as part of this scam, duping investors into believing they get real dividends paid by the company they thought they invested in.

Worse, short-selling, in effect, adds these phony shares to the actual total number reported in company financial statements, which goes into the various earnings per share (EPS) calculations, essential components of the critical metric universally used to value common stocks, the price/earnings ratio (P/E). In a selling frenzy, EPS can be cut from, say, $4.00 to $0.40 or $0.04 or whatever, by the immense volume of fake shares these pretend investors are drubbing the real ones with at point of purchase.

Every reference made to P/E as a calculable metric is a lie. Our stock market is gamed by short-side racketeers, rendering equity investment in this country a massive securities fraud. Their humongous swindle purloins much of our savings during every market downdraft.

Odds are the SEC staff belongs in jail. Gangland racketeering is more than enabled by the complicity of our regulatory hotshots. Mob stooges inside that agency have spearheaded these cons for generations, flat out lying to us all those years.

Surely, the SEC's remarkable contention that short-sellers borrow their shares from you and me is, in its downright absurdity, the nadir of arrogance and criminal obfuscation.

That's why we're never asked to go along with it.

Site Exclusives

As our young readers know, any loser who steals mommy and daddy's savings is a stupid ninny.

Wall Street hires the biggest dumbbells in the world. That's because God hates stealers, and the nincompoops don't even know it.

Keep an eye on bad men like hedge fund managers, bank CEOs and proprietary traders right here in The MacDougal Post. Incorrigible dingbats like Mucus Poole-Knightly, Pockets MulGoon, and Lewie the Dip, just to name a few of the head cases found on the site, are contracted to appear here exclusively.

You won't find that kind of financial coverage anywhere else in cyberspace.

Check in with us regularly to find out what's really going on with your money, if there's any left. And when it's all gone, take a shower whenever you can and drop in on us from the local public library.

The MacDougal Post

Prize

October 21, 2010

The Other Wall Street

Did You Know?

Site Exclusives