Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (281544)	10/7/2010 2:11:59 AM
From: Jim McMannis	Respond to of 306849

From max.. "Why do you constantly feed us mainstream media garbage? Whether leftish or rightish, it's not the intent of mainstream media to inform people what really goes on. Here is what TARP was really for and how it was really repaid: From Jim Sinclair:" Here is the flow of money: 1. Banks mark up their junk paper to full value. 2. This mark up was accounted for in the prop trading accounts. 3. Because it was a mark up there was no cash income but only a balance sheet change and artificial prop trading department profit. 4. Major sickening bonuses were paid to all members of these firms because it was the last draw from the well. 5. TARP money came into the firms to pay for the bonuses. 6. Where TARP was repaid it came from stock and bond issue. 7. Therefore the public paid for the bonuses on a flow of funds basis. 8. Flow of funds is the true measure. 9. Now all investment banks will have to do business to profit. Their only business left that can generate real money are credit default swaps and tax fiddling OTC derivatives. Now the prop trading department must be sold so you do not witness the daily major winner flopping big time. The buyers of bank prop trading departments are in for a shock. Message 26863868

To: Skeeter Bug who wrote (281544)	10/7/2010 2:25:01 AM
From: roguedolphin	Respond to of 306849

"Believe It Or Not???" Message 26869425 From: westpacific 10/6/2010 10:12:13 AM of 6129 Goldmans Beast... The most evil, fiendish machine of destruction ever created has been turned on. I call it The Beast. The Beast is not an atomic bomb. It isn’t a missile or a deadly submarine with enough nukes to end life as we know it. It is a computer. The fastest, most powerful ever made. Goldman Sachs owns and runs it. It is stealing your wealth day and night. The Beast is so secret only a handful of people have actually seen it. The picture above is an educated guess of what it looks like. I based it on talks I’ve had with people who know some of the components of this market manipulation system from hell. No one understands everything The Beast does. We do know it is connected, directly or indirectly, to every information system known to man. Every database. It is so fast, it runs circles around every other computer in the world. It has the power to manipulate (for a time) every market in the world. Soon this system, or one like it, could be used to control most every aspect of your life. Right now it is most dangerous for you, me and every American investor: because it is tied directly to the New York Stock Exchange computers. In fact, it is connected to every exchange computer in the world, be it stocks, commodities or bonds. It lets Goldman Sachs learn every stock order and commodity order that is placed on the NYSE or any other exchange – BEFORE the exchange executes it – and then jump in front of the market. This is called FRONT RUNNING. Every time you, your mutual fund or retirement plan buys a stock, bond or commodity, you pay more than you should have. Goldman gets there first. Thanks to the power of The Beast. They bid up the price you paid. They gouge you. In some cases, The Beast can freeze you out. Or worse, bust you out of your positions, a big loser. Many small investors learned this the hard way, in the May 6th “flash crash” bloodbath. It’s legalized theft, on a mass scale. It is the reason Goldman made nearly $30 billion in their proprietary trading these past few years — while every one else lost money and the U.S. economy trashed around in the worst depression since the 1930s. The Beast is located in a steel, nuclear-proof vault. Ten stories below street level. In the same room as the NYSE’s own computers. Wired directly into them, in fact. Article mid 2010s... --- This is the machine and whoms algos created the flash crash; there will be more. This market is beyond manipulated; it is beyond fair and it for sure is not capitalism nor free markets! W