SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Mike Johnston who wrote (69462)9/7/2006 4:19:51 PM
From: Joe Stocks  Read Replies (3) | Respond to of 110194
 
Mike, The government and the NYSE mega-banks are closer than ever. Everyone knows that a major bank can not fail without major reprocussions. Something happened in 2002 that made the SEC and the Federal Reserve turn their head to any kind of shenanigans that the GS and others wanted to commit to boost their profitability as long as it was for the greater good of the total economy.

Well, you know how human nature is - and we know what 'moral hazard' is - the mega banks cannot get enough of the risk free money that the government allows then to skim off of the public through collusion and manipulation of the markets. That link to that document I posted gives them a blue print on how to do it. These guys are in the market daily and they are now know as the CRMPG.