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Those who would hijack the legal institutions shielding society from Wall Street perfidy must hijack the political institutions overseeing them, hijack the media’s discourse about those institutions, and hijack social media’s discussion of all of it. The capture must run deep to be stable. So deep, in fact, that records of the past become untrustworthy. Stories have disappeared from databases and video clips from websites. This chapter will serve as an archive of material to which the rest of DeepCapture may link. Those who wish to take issue with DeepCapture’s archiving and deconstruction of their copyrighted articles and videos (and, perhaps, emails) know where to find us.
On October 14, 2005, CNBC began covering the implosion of of Refco, a broker-dealer which was under criminal investigation for its involvement in naked short selling. With admirable aplomb, Patch met the spinning and downplaying with a simple statement: “OK, then just settle the trades.”
Posted in 10) The Archive |
May 29th, 2008 at 2:01 pm
It was Blair who set up an account for Hillary Clinton with Refco, a small brokerage firm run by Robert “Red” Bone, Don Tyson’s former bodyguard and a professional poker player. “Red” Bone got her into cattle future trades. She put up $1,000 and left the trading to Mr. Bone who’s often assumed to have arranged the trades with Blair, to Mrs. Clinton’s advantage. Nine months later, the $1,000 had swollen with miraculous speed into a profit for Mrs. Clinton of $99,000.
Is this the same REFCO???
June 27th, 2008 at 1:22 pm
This is just utterly amazing and disgusting behavior on the part of the TV press. I was used to that from Herb Greenberg, but it just goes on and on.
I have never thought possible for highly paid TV personalities to have pride in the destruction companies, jobs, investor capital, taxpayer capital, etc….
Without any brakes or limits on short selling (naked and legal short selling), it is far easier to destroy companies by selling their shares (which the seller does not have to sell or to deliver) and destroying their share price - than putting hard earned capital to productive use.
The current rules and enforcement authorities make it easier to make money by destroying companies than by investing in companies and the journalists have been bought off to help in the destruction strategy.
Good job
August 13th, 2008 at 12:45 am
Dear Patrick,
Thank you for publishing this paradigm of deep capture. As a model, it explains and integrates a great many investigations and conclusions. And not just in finance.
For those who have gone down the rabbit hole, this is a good paradigm - much better than “how doth the busy little bee.”
You are onto IT Patrick by investigating hedgefunds. But IT is not separate to private money cartels that own nations, Tweedle Dum / Tweedle Dee wars and within those wars - covert wars where certain Players on all sides are working together for a common agenda, historical records that are being diappeared and deconstructed. I could go on and on, but already I see the eyes of the bloggers glazing over.
For those who have not answered the Caterpillar’s first question, this is just too hard.
So who are these Players really? You have named some names on Wall Street and in financial journalism. But it goes far beyond that.
Congressional Records classified since 1919 and only declassified in the 1970s establish clear evidence that Wall St financed the Bolshevik Revolution and over one hundred million deaths under their Soviet. But Who on Wall St - how were they organized behind their proxies and why? And still IT goes far beyond this question.
What is IT that you are really looking at? - a supernational Unity capable of generating a Matrix that can colonize and instrumentalize all sides of every conflict and every nation and every institution within every nation? a global money trust and its banking structure? a secret order with an inner circle and its concentric rings that approach the core by degrees? a race? a covenant and its cultus and religons? a dynasty?
A hedge fund is only an instrument. Of course.