Posted on March 17, 2009 by factsnews
Reposted from http://wikileaks.org
Description of JP Morgans stock program from page 21 of the leaked document.
Legal insider trading in three easy steps, brought to you by JP Morgan and the SEC
KEVIN WILSON, MARIA CHRISTINA PADRO,JULIAN ASSANGE & staff
March 16, 2009
A confidential memo obtained by Wikileaks shows that not only has the U.S. Securities and Exchange Commission created an insider trading loophole [...]
Filed under: Economy, Stock Market | Tagged: Economy, finance, insider trading, JPMorgan, Stock Market, whistleblower | Leave a Comment »
Posted on March 17, 2009 by factsnews
Letter to the Editor from Tom Lottinville
Barack Obama was not my choice for president but when he won the 2008 election I was willing to give him a chance to demonstrate that he would institute real change, transparency, and honesty in government.
In his promotion of the “Economic Stimulus Bill” he has failed to honor those [...]
Filed under: Corporate Media, Economy, Obama Administration | Tagged: congress, economic stimulus bill, Economy, finance, honesty, lie, Obama, stimulus, taxes, transparency | 1 Comment »
Posted on March 17, 2009 by factsnews
By Dan Caplinger and Anders Bylund March 17, 2009
The case for credit derivatives, by Dan Caplinger In general, when you’re looking for a scapegoat, you want to grab the highest-profile person you can find. But with the current financial mess, the real culprits are hiding in the shadows: those who [...]
Filed under: Corporate Media, Economy, Obama Administration, Politics, Stock Market | Tagged: banks, bernanke, credit, derivatives, Federal Reserve | Leave a Comment »
Posted on March 17, 2009 by factsnews
AIG has once again been paying out sums of money so enormous that you need to annex part of your brain just to comprehend them. It’s spending its bailout cash on the debatable (the wronged counterparties in its derivatives trading) and the outright bad (its employees via fat bonuses).
First, the juicy villainy. Over the weekend, [...]
Filed under: Corporate Media, Economy, Stock Market | Tagged: aig, bailout, derivatives, media coverup, quadrillion, scandal, Stock Market | Leave a Comment »
Posted on March 17, 2009 by factsnews
Published on 01-23-2009By Kurt Nimmo
From Reuters:
In a flurry of diplomatic activity in his first week in office, U.S. President Barack Obama on Thursday named special envoys for the Middle East and the Afghanistan-Pakistan region.
Newly confirmed Secretary of State Hillary Clinton said Obama had chosen George Mitchell, a former senator and seasoned international trouble-shooter, as an envoy [...]
Filed under: Obama Administration, Politics, foreign relations | Tagged: bilderberg, Council of Foreign Relations, foreign relations, Obama, rockerfeller | Leave a Comment »
Posted on March 17, 2009 by factsnews
Tom Foremski
Silicon Valley Watcher
March 17, 2009
More must read financial analysis from DK Matai, Chairman of the ACTA Open.
The Invisible One Quadrillion Dollar Equation — Asymmetric Leverage and Systemic Risk
According to various distinguished sources including the Bank for International Settlements (BIS) in Basel, Switzerland — the central bankers’ bank — the amount [...]
Filed under: Economy, Stock Market | Tagged: derivatives, Economy, Government, Stock Market | Leave a Comment »