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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (100208)	4/20/2013 1:27:26 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217822

my suspicion is that the CB's engineered the collapse of the gold prices, under the assumption that people will flee gold and silver as an investment, and buy worthless paper assets like sovereign bonds

To: John Pitera who wrote (100208)	4/20/2013 2:28:51 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217822

Some reminders from the past - who know how many similar disputes where not brought to justice and the shareholder lost more then just a bundle. AIG had sued Bank of America for $10 billion. It accused the bank and its Countrywide and Merrill Lynch units of engineering a "massive" fraud by misrepresenting the quality of more than $28 billion of residential mortgage-backed securities in 349 trusts it bought, and lying to credit rating agencies about the underlying loans. Shares of Bank of America plunged 20.3 percent on the day the lawsuit was announced. The case is part of AIG's effort to recover from activities that it says helped trigger its near collapse in 2008, leading to $182.3 billion of federal bailouts. reuters.com The more saddening fact is that no one senior corporate officer from Countrywide or Merrill Lynch went to jail and their chieftains of those companies are basking in the stolen funds