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 ...........
March 16, 2015
Who's Manipulating Oil Prices?
In reports that just now reached our eyes, the Saudi Oil Minister refuted accusations that his country is behind the recent free-fall in crude oil prices. That leaves one remaining coven of culprits-of-interest. As we've already told you, this would be the Wall Street Crime Families. Nobody else has the craven need to rig markets the unconscionable way they do, or the clout to pay off the Feds, who're in bed with these monstrous racketeers up to their revolving-door career-path gonads.
Remember, valued subscribers, you heard it here first. If you don't get the news from anywhere else, thank the nation's complicit media for that. They wouldn't know a thieving pack of cut-purses if the thugs sliced market prices in half on us to generate obscene windfalls for themselves.
Oh, wait a minute, the cut-purses just did.