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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (67064)7/29/2006 10:30:41 PM
From: Joe Stocks  Read Replies (5) | Respond to of 110194
 
Who is on the losing side?? Well everyone except major NYSE member banks and the hedge funds that they use to pull off their schemes with the blessing of the Federal Reserve and the SEC.

This is a long but great read. It is a letter to Congress dated this past May 06' from a former SEC investigator who was fired after getting too close to the 'boyz'network . It gives good insight to goings on of the hedge funds operated by the likes of GS and others. Helps one understand how they work and the magnitude to which they operate.

faulkingtruth.com

THis is a shorter letter from the same former SEC worker to his SEC boss.

faulkingtruth.com

I was happy to see that some are may be getting the word to the right people.