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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.
One of these men is a reporter.
One of these men is a bootlick nervously fighting the exposure of those for whom he shills.
See if you can spot the difference.
Posted in 10) The Archive |
June 21st, 2008 at 9:17 pm
Note that Gasparino said hedge funds “concluded” in his first long sentence when he obviously meant to say “colluded.”
June 21st, 2008 at 9:26 pm
Another observation - Herbie says at the end, “How do you know?” repeatedly. That is the basis of such manipulation. The manipulators believe that they have covered their tracks, and can get away with all sorts of felonious behavior. We need a lot more perp walks to clean up this scandal.
Wall Street is big money. Big money attracts thieves. Those who gain access to power in the industry are those best at pulling the levers. The environment is one that demands that they pull all the levers at their disposal or fall behind their peers, and some are Faustian levers. We need more and better policing than captured SRO’s to control the unfettered greed.
June 22nd, 2008 at 7:51 am
A fool can see that the entire system has been comprimised, and that some drastic action needs to be taken - IMMEDIATELY. Of course, you can’t expect these vermin to walk in and say, “you know, here are the records. We made a horrible mistake. We’ve got to help you repair the damage we’ve caused. It ’s our fault.” Instead, we get the spin and the apologists. Fine. If that’s the way you want it……..
You’ll notice perp walks are in fashion, and they’ll just come at you faster and faster.
What is interesting about this great land…. If you look at Chioffi and Tannin being led away, they are being herded by these fellows with those beautiful badges hanging around their necks. In their best days, those agents needed all year to make what those two pitiful HF’ managers made by 10:30am. But you see, it’s not about the money. Is it????
June 23rd, 2008 at 9:53 pm
http://www.australia.to/
scroll down near the bottom right just above
DIGG
Australia.TO Press Release & News tip Service
and click on where it says :
Hedge funds continue to use dirty tricks to take down public companies
yipikaye
June 26th, 2008 at 7:41 am
Yes, Inept, 9:17. He seemed to want to say “colluded” but what came out was definitely “concluded.”
One has to wonder if there was something Freudian in that slip. It may be criminal to collude (depending on the goals of the collusion of course) but it isn’t criminal — just yet — to draw one’s own conclusions and act thereon.
June 26th, 2008 at 4:18 pm
Dr. Byrne,
Having been an avid reader of deepcapture for the past several months, I have a suggestion to make.
Reformat the deepcapture.com landing page into a general summary of naked shorting, its breadth and the consequences of its unfettered growth (maybe even a simple visual as well) so that newcomers will be more likely to investigate the site further and participate in its dissemination.
Best Regards,
Clouseau
July 1st, 2008 at 6:00 pm
I agree with the inspector, as time goes on, the page gets to be more scattered…it is hard to recommend to others as the organization is a total turnoff as far as digging deeper into the info in any kind of sensible order.
Love the work your doing though, and would love to share with a bigger variety of others.
Thanks for what you do.
July 8th, 2008 at 12:24 pm
Any comment by that monumental slut, Herb Greenberg, should be
a) ignored
b) deemed to be the exact oppisite of the truth.
July 15th, 2008 at 9:11 am
It seems CNBC has Kicked Herbie to the curb. They sure took their time about it. Hopefully the leadership there is just warming up and will deal with Cramer and some others who seem to be firmly planted in the crookeder side of wallstreet. I doubt it though.
October 2nd, 2008 at 4:11 pm
I have a different story to add.
It were, according to a Dutch insider, not hedge funds who factually killed Bear Stearns, but it was J.P. Morgan! This independent insider, who I deeply respect, claimed that it was NOT Bear Stearns that got rescued by J.P. Morgan, but Bear Stearns became the ‘collusive saviour’ of J.P. Morgan! This is what the insider claimed, past Sunday on the Dutch RTL commercial TV Network: - Bear Stearns was not by any means in bad financial shape or facing any serious liquidity problems. – Bear Stearns seemed to have possed a rather ‘limited’ portfolio of so called Credit Default Swaps or CDS’. – The management of Bear Stearns envisioned a ‘tough season’ ahead for the market of those CDS’ and had decided to put them up for sale. – That decision, was not the problem for J.P. Morgan. – The problem for J.P. Morgan, as the insider asserted, was the fact that Bear Stearns possessed just a relatively small portfolio of CDS’ and J.P. Morgan seems to be ‘packed till the roof’ [as the Dutch insider claimed]. – At that time, the market for CDS’ was rapidly and seriously deteriorating and at Bear Stearns the decision was made: sell at any price in the market. – This decision made the alarm bells go of at J.P. Morgan. – Why? Because the market for those CDS’ was so weak at that time, that despite the relatively small portfolio of Bear Stearns, the decision to sell-at-any-price, would for sure have caused a steep drop in the pricing of CDS’. – The fact that J.P. Morgan is ‘packed till the roof’ with those CDS’, would have lead to a situation, wherein J.P. Morgan would have had to write-off $multi-billions. – Such a sudden and due to be predictable massive write-off, of $multi-billions, would have caused a massive run on the J.P. Morgan Bank instead of a run on Bear Stearns. – So accordingly, as the Dutch insider claimed, J.P. Morgan had to act swiftly and decisively, in order to gain control at and over Bear Stearns. - Ultimately, within days, it factually worked out and J.P. Morgan gained control over Bear Stearns. – It was Bear Stearns who saved J.P. Morgan from collapsing.
Who is this ‘Dutch insider’? First of all, here’s the interview in Dutch: http://www.rtl.nl/components/financien/businessclass/miMedia/2008/week39/zo11.195395.public.Business_Class_3.xml You may know someone, a independent person, who’s capable of speaking Dutch? Please skip the video to the 50th minute of the show. The guy is called Mr. Rienk Kamer, who’s a financial genius, very rich and very influential. Powerful contacts? He had established with some other rich contacts, a joint-venture aimed at trading in CDS’, with the super influential U.S. private equity firm “The Carlyle Group”. Trust me, that Dutch guy is no joker and neither a liar.
So the sudden collaps of Bear Stearns was NOT caused by collusive criminal hedge funds, it was caused by Wall Street’s most influential Banks. So this is why, very plausible IMHO, the SEC is not investigating the stinky Bear Stearns case.
No before you may call me a hedge fund crony or a cahoots, which tries to take the attention away from the alleged criminal hedge funds, I have a message for Dr. Byrne: Sir, since you possess my e-mail address, please get in touch with me. I can deliver you verifiable documents and evidence, that Milberg Weiss partners got collusively paid, in terms of multi-millions, by a NYC based hedge fund manager and also, the prima facie evidence, that the Californian D.A. Office seems to have ordered the Federal Inspectors, which were involved in the criminal probe, to NOT investigate the obvious ties between the Milberg Weiss lawfirm and a number of hedge funds. Am I joking? No, I have the emails and so on. Just drop me a email and I will allow you to evaluate my bold claims.
I am looking forward to cooperate.
December 21st, 2008 at 12:07 pm
I cannot get the CNBC (Gasparino Report) to play & everything seems to be working on this end.A picture of a broadcaster appears and I cannot activate the piece. Would you please check?Thank You/ QF