The MacDougal Post: The Latest

August 15, 2012

The Latest

Now we’re being told that hedge fund racketeers are amassing formidable stockpiles of cash as the Robber Barons prepare to pounce on some kind of overseas financial collapse putting European bank paper on the market at fire sale prices. Sounds like one of those insidious back room smoke and mirror things again.

Bank failures, only over there this time – instead of, as some of you may recall, right here in your own fallutin back yard.

Bank failures AGAIN. What we’re wondering now is this …. we’re wondering if these mover-shaker, wheeler-dealer, your-a$$-is-mine covert hedge fund operatives have been quietly building up the clout to sink the world economy for Carried Interest and that Boogeyman of his. A market bloodbath hung around Umama’s vulnerable neck some brisk October morn would just about do the job.

Mess around with Wall Street long enough, young subscribers, and you’ll start seeing things that go bump in the night too.

MacDougal's been doing quite a bit of that lately himself.

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

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August 15, 2012

The Latest

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