To: Skeeter Bug who wrote (201437 ) 5/9/2009 10:07:40 AM From: woogerbear Read Replies (2) | Respond to of 306849 Dear Skeeter Bug, The charge you have made is a serious one. If you have inimate knowledge of this wrong doing concerning off balance sheet debt, you must come forward now. It can be anonymously, informally done through the internet or you will force us to acquire your IP address through court order. We prefer the former as we just want to know what you know. Below is an example of what is going on... Dear David, Dan and Marshall, A lot of investors, who did fair and comprehensive analysis on the earnings power of the top 19 banks, have been hurt by the arbitrary last minute change of accounting standards by Federal Regulators during the stress test to artificially bolster banks balance sheets in the "hope" that there will be a recovery. We believe it is illegal to "negotiate" what the losses are on a banks books. It should be more cut and dry. Although the media has hyped this green shoot theory, there is no evidence that a recovery is really underway, exampled by the suspect revisions in the February and March employment numbers that began the March rally. If the real numbers on employment came out in February and March, there would not have been a rally in the first place as it shows that job losses are actually accelerating. We are contacting the New York Attorney General's office and filing a lawsuit and focusing in on Capital One regarding this issue. In reality, the company's financial health could not be worse due to its sky rocketing credit card defaults but we believe the Federal regulators did not include their off balance sheet entities in the test, artificially inflating their TCE ratio. We also believe that Goldman Sachs, who had inside knowledge of this affair, raised their price recommendation of the stock and jumped on the bid the past few days, which is know as "front running" and is illegal. It is no coincidence that many of the these institutions had shelf registrations ready to go before this artificial run-up and many made large profits from inside knowledge that all this was going down at the expense of others who did their research on these banks. This is clearly fraud and we are concerned that many of the off balance sheet toxic assets will simply disappear through off balance sheet entities and laundered through phony corporations and possibly onto public debt. There are rumors that this is exactly what is happening at Capital One. Even if this aspect of the fraud does not turn out to be true, we are still pursuing the issue of balance sheet debt not in the stress test and the front running by Goldman. It appears that the three of you have intimate knowledge of many of the tactics that are occurring, evidenced by your recent article and would like to commission your cooperation in this matter to bring this fraud out into the open ala Enron. It does the United States no good to defer the problems of this country in the hopes of a better time, while at the same time hurting legitimate investors in the public markets. Please contact me at your earliest convenience so we can discuss further. Best regards, xxxx