Time Running Out to Save Company's Hedging gone Bad :o)
or
for every winner there must be a loser
or
to take a loser in the state of being to face the music
and prevent that lost to the one who gambled and lost
requires another to take that lost away
and ineffect using the rule of law as a force
like a gun pointed at you by a thief
you who is innocent and not involved in the gamble
will have part of your wealth removed
so that the initial party who gambled with hedging and lost
will have not their, but your money used to pay-up
unlike the stock markets, like Dow & Nasdaq
where there is a buyer for each seller
and vice versa
the Gata Bill Cafe article of long ago
by that man of name that starts with V
wrote where markets were not totally manipulated
that there will come a time where the Tulips
come home to roost
or cross the road
or there are no buyers
meaning those who want to sell
can not
but here we have hedging gone bad
and their hedges are for sale
not at a fire sale
but full value as if not bad
forced onto the public
to pay-up and lose
forced buyers created out of the public
using laws of corruption and criminal intent
like now spoken of here in this Gata Bill message.
Subj: U.S. Derivatives Dealers Fret as Bankruptcy Overhaul Bill Lags
Date: 12/7/01
From: LePatron@LeMetropoleCafe.com
To: PlutoDoug@aol.com
Le Metropole Members,
Served at The Kiki Table:
"U.S. Derivatives Dealers Fret as Bankruptcy Overhaul Bill Lags"
By Bob Gravely
Washington, Dec. 7 (Bloomberg) -- "J.P. Morgan Chase & Co.,
Merrill Lynch & Co., Inc. and other securities firms are trying
to persuade Congress that failure to change bankruptcy rules
by year's end will disrupt the market for the products companies
use to hedge against fluctuations in interest rates and currencies."
For WEEKS now I have alerted Cafe members via Midas commentary
that something is VERY wrong in financial land.
... none of this makes any sense - that is if you only
listen to CNBC and the Wall Street pundits.
There is a mssive derivative problem out there.
The Fed is trying to cover it up, which is par for the course.
The bond vigilantes "in the know" realize the ramifications
of what the U.S. is doing.
Meanwhile, they continue to rig the dollar and the gold price.
... the dollar should have tanked and gold should have risen.
They both did the opposite.
The bond market, which is too big too rig, is telling us
that the manipulation of the markets has begun to fall apart.
That is what CARTEL CAPTULATION WATCH has been all about.
I have served up the Bloomberg article regarding derivatives
as the issue will be front stage in 2002.
All the best,
Bill Murphy
Le Patron, LeMetropoleCafe.com
Chairman, Gold Anti-Trust Action. gata.org
eXtra
Subj: Adam Hamilton - NASDAQ 1929
Date: 12/7/01
From: LePatron@LeMetropoleCafe.com
Adam Hamilton has served commentary at The Kiki Table
entitled, "NASDAQ 1929."
"Ouch! While the 2-to-1 comparison was very helpful
and saved countless investors' hard-earned capital,
this straight-up 1-to-1 comparison, with the respective
bubble peaks of DJIA 381.2 on September 3, 1929
and NASDAQ 5048.62 on March 10, 2000 exactly matched,
is downright scary.
If this ominous comparison does not shake the faith
of the NASDAQ zealots championing the "glorious new bull market"
hypothesis based on this latest rally, nothing will!"
The comparison is MOST eerie indeed!
All the best,
Bill Murphy
Le Patron, LeMetropoleCafe.com
Chairman, Gold Anti-Trust Action. gata.org |
