Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

December 20, 2012

Who's Dancing to this Tune?


         As investors shudder while the scope of pervasive world interest rate manipulation widens to unimaginable breadths, we’re told the UK Financial Services Authority says every single trade made over five years by one global banking colossus is suspect.  There's still no mention of the only appropriate solution, prohibiting any institution that handles customer orders from establishing its own trading account.  No mention anywhere of that.
         And, as all these Bank Crime Families keep getting hit with staggering fines for trading turpitudes, isn’t it time that somebody ID’ed the sorry-a$$ counterparties ripped off by their illicit transactions?  Who’s suffering these gargantuan trading losses?  Could it be the average Joe?  Maybe mutual/hedge funds set up for customers dumb enough to be handing over their savings to these lying, thieving subhuman malignancies, who then turn around and stick their customers’ capital into investment vehicles bank traders are looting left and right.  Moneysucking deviates take down the global economy, and their lowlife lobbyists bribe our Government into making us keep our savings with them.  And nobody says a word about who’s getting robbed blind here.  Or how.
         Name somebody else misinformed enough to keep taking hits like this.  Time and time again.  If it’s professional investors, we’ve gotta meet this crowd.  No, the mark here has got to be the average Joe.  That's you and us, valued subscribers.  You and us.
         WTF, guys?  It’s always WTF with financial creeps, their bought-and-paid-fors, and this totally useless media of ours.  WTF?
         W…..T…..F?
         Who are the marks, media hotshots.  And how much did they lose?