Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
Prize
........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........
April 29, 2014
April 21, 2014
Coca-Cola Beachhead in The Executive Compensation Wars
Coca-Cola (KO) shareholders just received the notice linked below asking fellow KO stockholder Warren Buffett to step forward and do the right
thing on the heinous destruction of investor wealth by corporate “stock option”
racketeers. The Weasel of Omaha does not
let CEO’s and them running his Berkshire Hathaway companies steal from Bershire shareholders that way
and yet the man has remained despicably silent regarding the massive theft of shareholder interest
elsewhere that has been raping responsible Americans in the 99% since bought-and-paid-for enabling legislation became effective all the way back on January 1, 1981.
Before that date, a dirty rat skimming shareholder interest off the company books would've gotten his rotten a$$ thrown in the slammer by the bunko squad. Today these swindlers are swimming in godzillions of such ill-gotten gains, and we call them the 1%.
Well, you do anyway. We call them thieving b$st$rds here at The MacDougal Post.
April 16, 2014
Travel Alert: Prepare for Future Bombings in the New York/New Jersey Area
Islamic Fear of Muslim
surveillance by the New York Police Department (NYPD), first reported to the public after the World Trade Center bombings in 2001,
has shut down terrorism by clandestine operatives sheltered inside New York/New
Jersey communities of that militant culture so effectively that the program has
never even produced any leads. No talk
of teenagers strapped with bombs, of nut cases leaving explosive devices at
finish lines, of delusional ragheads who can’t get laid down here blowing themselves to
smithereens so they can pound promised pussy up in
that weird raghead heaven of theirs.
And now, because the covert
NYPD initiative has been so spectacularly successful, “civil rights activists”,
who’ve been trying to shut the broad intelligence program down since they first
found out about it 13 years ago, have finally had their way.
God help anyone taking to
the streets of New York now.
Here’s how one fascist
liberal propaganda machine went about covering this outrage as part of
yesterday’s fascist liberal “news”:
http://www.huffingtonpost.com/2014/04/15/nypd-muslims-_n_5155467.html?icid=maing-grid7%7Cmain5%7Cdl2%7Csec3_lnk3%26pLid%3D465335
Go out and buy more
semi-automatic weapons, subscribers. And
ammo, and banana clips. Plenty of banana
clips.
The camel’s nose is inside
the tent.
April 13, 2014
100,000 Next?
Saturday, an estimated
1,000 armed Americans stood with rancher Cliven Bundy and his family, outgunning
a “team” of, we assume, Park Rangers sent to Nevada by the U. S. Bureau of Land
Management to threaten Bundy and his family with quasi-military action over
something to do with an endangered tortoise, vaguely cited as why the Bureau
had seized 400 head of the rancher’s free-ranging cattle and planned on
rounding up 600 more. For a couple of
decades now, Bundy has refused to pay a monthly fee postured as having a non-specific, unsubstantiated connection with saving the poor imperiled critter.
One liberal news organ
reported that the Americans were “heavily armed”. Another showed a photo of a guy carrying an
AR-15. One guy. One AR-15. A head and shoulders shot so you couldn't see what anyone else was toting, if in plain sight.
Anyway, the rangers
surrendered, citing grave concern for “public” safety, and the rancher got his
steers back. Afterwards, an
environmental spokesperson said his group will sue unless federal land managers
do something next, but we couldn’t figure out quite what.
Best guess is, next time
it’ll be 10,000 armed Americans, depending on what’s up, maybe 100,000 if something like Obamacare gets to feeling stuffed down our throats like that by the commie fascists running Washington today.
April 10, 2014
High Frequency Trading
Flash Boys: A Wall Street Revolt, the new book by Michael Lewis, focuses on market rigging by high frequency traders. In discussing that abomination, pundits are avoiding the issue.
In any market, transactions are drawn from
lists of buyers’ bids and sellers’ asking prices, and some individual or
process has to match up which two are going to execute the next trade. On the New York Stock Exchange that used to be a human, the
floor specialist. Today, he or (rarely)
she has been replaced by who knows what, and we’re told only that these are “computers”
and maybe “algorithms”, queued in ways that give advantages to racketeers, like
being in front of us and knowing the prices we're supposedly getting before our trades are posted.
Crime family racketeers. The same Presbyterian Mafioso who gave us The
World Financial Apocalypse of 2008, only the scam was bundling subprime
mortgages then, hoodwinking those of us dumb enough to buy their CDO’s
(collateralized debt obligations) and MBD’s (mortgage backed securities), and
now they’re robbing us through our orders.
All of our orders. Buy or sell stocks, bonds, futures, options,
exchange traded funds, index funds, or whatever else is out there, and Crime
Lords have their thugs lined up ahead of you in droves waiting to 1) buy your buy before you
and sell it to you at a higher price, 2) sell your sell order first and buy it
from you at a lower price, or 3) generally screw with you every which way they
want, and that brings up the real problem here.
Our hotshots at the Securities and
Excuses Commission. Talk about racketeering.
Again, for the umpteenth time, the pack
of them belong in the slammer. Nothing
happens on Wall Street without their total neglect, and then they take jobs with
the Families.
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