So You Say You Want a Revolution?
“Fate often saves the undoomed warrior when his courage endures.” - Beowulf
The list of villains implicated by Deep Capture’s analysis is seemingly endless, but the list of institutions which have failed our nation is not. They can be spoken to. They can be made aware of how you have lost confidence in them. They can be told how much they suck.
That list of institutions begins with the broker-dealers who enable hedge fund crookery in return for profitable prime brokerage business. Then comes the Self-Regulatory Organizations (”SRO’s”) who have direct responsibility for preventing crimes such as this from happening. Then comes the regulators (SEC) charged with supervising the SRO’s. Next comes Congress, which has failed ito provide the SEC proper political oversight. Last, but most importantly, comes the Free Press, our public realm’s ultimate watchdog, which has been licking its crotch instead of doing its job.
If you accept the analysis of DeepCapture, then you should let these groups know what you think of their work. Please be courteous and polite: I have been abrasive enough for all of us. You need only tell them that you are concerned about naked short selling and think they should be doing something about it. You might even abbreviate it by simply sending them emails that say, “DeepCapture.com”. They’ll know what you mean.
THE BROKER-DEALERS
Call these brokers and tell them what you think of their conduct:
Goldman Sachs says: “This policy is designed to provide a channel of communication for employees and others who have concerns about the conduct of Goldman Sachs or any of its people……….” 1 (866) 520-4056 You might also give a ring to their press contact: 212-902-1000/5400
Morgan Stanley’s “Integrity Hot-line” says: “Concerns relating to ethical or business conduct matters, including accounting, internal accounting controls or auditing matters, may be brought to the Company’s attention” at 866-448-8434
Bear Stearns has no readily discoverable “Integrity Hotline” so just call their press person, Elizabeth Ventura (212) 272-9251, and tell her what you think.
THE SELF-REGULATORY ORGANIZATIONS (SRO’S)
It may be hard to believe, but our capital market is not really set up with a cop on the beat. It is set up as a number of clubs (such as AMEX, NASDAQ, and the New York Stock Exchange) which publish their own rules. The federal government’s role is to OK those rules, then come along and inspect whether clubs are following the rules they publish. That’s it.
The clubs are called, “Self-Regulatory Organizations”, or “SRO’s”. The SRO’s keep an eye on Wall Street in precisely the same sense in which, in a Tijuana cat-house, the guys with the mops and buckets can be said to be “keeping an eye on the place”.
Recently two of the SRO’s (the ones overseeing NASDAQ and NYSE) merged together and become the “Financial Industry Regulatory Authority” (”FINRA”). Contact FINRA’s Office of the Ombudsman at (240) 386-6270, or toll-free at (888) 700-0028, and tell them to get bigger mops.
THE REGULATORS
There is a night watchman who walks around tapping on windows and calling out to the mop-boys, “Is everything all right in there?” and “Keep it down in there!” and “Are you guys hiring?” That watchman is The United States Securities and Exchange Commission. Please do not be too hard on the SEC. They are underpaid, over-worked, have no budget, and are lawyers. They are so far behind the whiz-kids they are supposed to be regulating that getting mad at them is like getting mad at someone for not knowing how to play the trombone (if someone does not know how to play the trombone, he just doesn’t know, and no amount of yelling at him is going to make him know).
That said, if you want to let the SEC know how unhappy you are with the service they are providing you as a citizen, then write their Inspector General, H. David Kotz ( oig@sec.gov ). Incidentally, I understand that IG Kotz is part of the solution, not part of the problem. He was an attorney for the Peace Corps and, as the newly-minted OIG at the SEC, is more concerned about fixing things than he is about getting a job on Wall Street. So be polite, but let him know you care about this problem.
Another place you can turn is the United States Government Accountability Office. The GAO is probably the most respectable group in DC (setting aside the military). When Congress needs a non-partisan, no-bullshit answer to any question, they turn to the GAO. Write Chuck Young at youngc1@gao.gov and let him know about your interest in naked short selling and the general issues raised in DeepCapture.com.
THE UNITED STATES CONGRESS
Many years ago I had occasion to visit Congress a half-dozen times. In the last few years I have again made a fair number of visits. In both periods I came away shocked: by and large these folks are good people, and they really do understand that they work for you. Every letter that a citizen sends is read by someone. Tallies are kept of the concerns that citizens express, and these tallies are synthesized for members of Congress.
In other words, that stuff you learned in 8th grade civics class actually is true: you can make a difference by writing your representatives. This site makes it easy to do so in seconds.
You can also focus on the House Financial Services Committee’s members by using this form.
You can focus on the Senate Banking Committee members by using this form.
Again, be polite and courteous, please.
THE PRESS
The New York Financial Press
My deepest disgust is reserved for the New York financial press. Here is why. Crooks are always going to be crooks. Professions are always going to be clubbish, looking out for their own. Regulators are always going to be captured (at least a little bit). Most politicians will always dance for the organ-grinders. But the press is supposed to be sacred. These phony journalists are, to me, like dirty cops, or pedophile priests. They are like the Washington press corps in the days before Watergate, too chummy with those they are supposed to be covering to do serious investigative work. Our nation suffered for it then, and is again now. Every time I catch a glimpse of Herb, Roddy, Bethany, Joe Nocera, Carol Remond, Jim Cramer, Joe Kernan (or for that matter, CNBC), I throw up a bit in my mouth. They are corrupt yellow-bellies. They are toadies to power and authority. They are sellout journalists.
If you agree, tell the NY financial press, “You should stop covering-up the naked short selling scandal on behalf of your crooked hedge fund pals.” Or, again, just abbreviate that by saying, “DeepCapture”.
editors@barrons.com; steve_adler@businessweek.com; info@cnbc.com; letters@fortune.com; nytnews@nytimes.com; nywireroom@dowjones.com
And by the way, you should draw their attention to the recordings of their luminaries Joe Nocera, Dan Colarusso, and Roddy Boyd that appear about 7/8 of the way through Mark Mitchell’s piece. They’re pretty special.
Roddy angry that when he asked how much cash we had, I tricked him by telling him how much cash we had
Roddy Boyd fucking apologizes
Dan Colarusso, Paragon of Journalistic Integrity
Herb “See No Evil” Greenberg
Joe Nocera, Anti-Investigative Journalist
The US Business Press
The business press outside of New York is not as bad. Many of them know that something deeply problematic is happening on Wall Street, yet they still take their lead from those whose beat is Wall Street. That makes them foolish, but not evil. Perhaps there are other dynamics at play as well. In any case, here are the emails of the business editors of dozens of top US newspapers. Politely let them know your concern with naked short selling, and with the general issues raised in DeepCapture.com.
lpantages@thebeaconjournal.com; tubusiness@timesunion.com; mmurphy@abqjournal.com; mike.hirsch@mcall.com; business@azstarnet.com; kathy.tulumello@arizonarepublic.com; business@app.com; danason@ajc.com; kwarbelow@statesman.com; businessnews@baltsun.com; biznews@bhamnews.com; solomon@globe.com; business@bostonherald.com; gpotter@buffnews.com; obsbiz@charlotteobserver.com; jkane@dailyherald.com; dmiller@suntimes.com; DGreising@tribune.com; business@enquirer.com; podonnell@plaind.com; rcarter@dispatch.com; avoros@bayareanewsgroup.com; businessnews@dallasnews.com; mirby@daytondailynews.com; business@denverpost.com; lhicks@dmreg.com; business@freepress.com; biz@detnews.com; aportela@herald.com; paul.mattson@jacksonville.com; biz@star-telegram.com; business@fresnobee.com; ncrawley@grpress.com; tbarstow@patriot-news.com; dhaar@courant.com; dbutts@honoluluadvertiser.com; laura.goldberg@chron.com; steve.berta@indystar.com; clester@kcstar.com; business@knews.com; mhiesiger@reviewjournal.com; jbeach1@herald-leader.com; dnbiz@dailynews.com; bizletters@latimes.com; businessnews@courier-journal.com; joverstreet@commercialappeal.com; business@miamiherald.com; jsbiz@journalsentinel.com; ewieffering@startribune.com; kturner@mobileregister.com; dfisher@tennessean.com; money@timespicayune.com; swenger@edit.nydailynews.com; dgreenfield@nypost.com; bizday@nytimes.com; business@starledger.com; nsommers@dailypress.com; bizandtech@newsday.com; donnellon@northjersey.com; cbunyan@oklahoman.com; ghall@ocregister.com; businessnews@orlandosentinel.com; pbbusiness@pbpost.com; wwarren@phillynews.com; tgnoffo@phillynews.com; smassey@post-gazette.com; business@tribweb.com; business@news.oregonian.com; jkostrze@projo.com; mary.cornatzer@newsobserver.com; pfeibish@timesdispatch.com; rob.johnson@roanoke.com; erosen@DemocratandChronicle.com; reuteman@rockymountainnews.com; canderson@sacbee.com; mlimon@sltrib.com; blehman@express-news.net; financial@uniontrib.com; business@sfchronicle.com; business@mercurynews.com; tappel@pressdemocrat.com; margarettaus@seattlepi.com; business@seattletimes.com; alvasquez@sun-sentinel.com; scottm@spokesman.com; ekohn@post-dispatch.com; diverson@pioneerpress.com; biznews@sptimes.com; mmorelli@syracuse.com; marcelene.edwards@thenewstribune.com; mguidera@tampatrib.com; business@theblade.com; john.stancavage@tulsaworld.com; dcarroll@usatoday.com; bill.choyke@pilotonline.com; nywireroom@dowjones.com; beyersd@washpost.com; dhoneycutt@washingtontimes.com; mbieger@lohud.com; tgbiz@telegram.com
The General US Press
It is easy to criticize the general American press for having ignored a crime that affects citizens in every town in America. You may be surprised to learn that I do not join that criticism, for three reasons. First, this is a fairly technical issue, beyond the skills of most journalists to cover: To write about it one needs a grounding in economics, as well as general knowledge of our capital market, that most journalists do not possess. Second, any journalist getting interested in this would have to contend with a gigantic smokescreen blown by their captured New York colleagues. Third and last, any such journalist would have to contend with pressures brought from above. Taken together, it would have taken modern day Woodwards and Bernsteins to punch through the misdirection that was, until recently, the norm.
That said, now that the heavy lifting is done, and even the CEO’s of banks are themselves taking up the cudgel, there is no longer any cover-up to which to cling. Thus it would be shameful indeed of the general press to remain silent at this point. The general press can at least describe to the public what has finally come to light through efforts other than their own. If you agree, let them know about naked short selling, and Deep Capture, using the email addresses of editors at more than 100 newspapers and news organizations in the United States:
bwinges@thebeaconjournal.com; tucitydesk@timesunion.com; kwalz@abqjournal.com; news@mcall.com; citydesk@azstarnet.com; newstips@arizonarepublic.com; editors@app.com; newstips@ajc.com; news@statesman.com; businessnews@baltsun.com; tscarritt@bhamnews.com; localnews@globe.com; citydesk@bostonherald.com; citydesk@buffnews.com; localnews@charlotteobserver.com; news@dailyherald.com; mcooke@suntimes.com; ctc-editor@tribune.com; tcallinan@enquirer.com; sgoldberg@plaind.com; bmarrison@dispatch.com; ccnnewsrelease@bayareanewsgroup.com; metro@dallasnews.com; kcanfield@daytondailynews.com; newsroom@denverpost.com; metroiowa@dmreg.com; dfpcity@freepress.com; jon.wolman@detnews.com; perspectiva@elherald.com; frank.denton@jacksonville.com; newsroom@star-telegram.com; metro@fresnobee.com; mlloyd@grpress.com; citydesk@pnco.com; julien@courant.com; mplatte@honoluluadvertiser.com; citydesk@chron.com; newstips@indystar.com; levings@kcstar.com; news@knews.com; sertado@reviewjournal.com; hlnews@herald-leader.com; dnmetro@dailynews.com; national@latimes.com; bpost@courier-journal.com; metro@commercialappeal.com; nationalnews@miamiherald.com; gstanley@journalsentinel.com; dtice@startribune.com; newsroom@mobileregister.com; local@tennessean.com; citydesk@timespicayune.com; news@edit.nydailynews.com; enorton@nypost.com; nytnews@nytimes.com; metro@starledger.com; bstertz@dailypress.com; news@newsday.com; newsroom@northjersey.com; ekelley@oklahoman.com; local@ocregister.com; editor@orlandosentinel.com; pb_metro@pbpost.com; josephg@phillynews.com; nationaldesk@phillynews.com; letters@post-gazette.com; fcraig@tribweb.com; newsroom@news.oregonian.com; pjnews@projo.com; metroeds@newsobserver.com; news@timesdispatch.com; news@roanoke.com; editor@democratandchronicle.com; editor@rockymountainnews.com; metro@sacbee.com; pegmcentee@sltrib.com; rrivard@express-news.net; jeff.rose@uniontrib.com; metro@sfchronicle.com; nation@mercurynews.com; bswofford@pressdemocrat.com; citydesk@seattlepi.com; newstips@seattletimes.com; emaucker@sun-sentinel.com; news@spokesman.com; tpoor@post-dispatch.com; news@pioneerpress.com; national@sptimes.com; mconnor@syracuse.com; newstips@thenewstribune.com; trib_news@tampatrib.com; kfranck@theblade.com; news@tulsaworld.com; kpaulson@usatoday.com; katrice.franklin@pilotonline.com; nywireroom@dowjones.com; national@washpost.com; jweber@washingtontimes.com; metro@lohud.com; newstips@telegram.com; support@abcnews.go.com; info@ap.org; release@bloomberg.net; talkback@business2.com; evening@cbsnews.com; ctc-editor@tribune.com; csmnewsdesk@csps.com; public.information@cnn.com; drudge@drudgereport.com; pr@fastcompany.com; readers@forbes.com; letters@fortune.com; americasnewsroom@foxnews.com; ibdnews@investors.com; metrodesk@latimes.com; sfoxwell@npr.org; Today@NBCUNI.com; nytnews@nytimes.com; newsahead@msn.com; editors@newsweek.com; nathan@pacifica.org; letters@time.com; letters@usnews.com; pressreleases@upi.com; theforum@usatoday.com; nywireroom@dowjones.com; metro@washpost.com; jweber@washingtontimes.com
WHAT YOU MIGHT SAY
In contacting these parties please be courteous at all times. Most of them have themselves been taken in by a cover-up, or perhaps, are overwhelmed by the complexity of this fight. Give them this: it is pretty mind-blowing, and their decision to sit it out was, until recently anyway, understandable.
You do not have to say much. Just let them know that you are following the financial scandal known as “naked short selling” and think they should follow it too. Feel free to quote as much material as you want from the DeepCapture website. Many links are included within DeepCapture to stories that have appeared (the Bloomberg video, Forbes articles, etc.) so you should have no trouble sending supporting material, if you so desire.
Of course, you can always just copy Mark Mitchell’s story and send it to them (again, everyone is welcome to copy and redistribute DeepCapture’s material freely, and we waive all copyright claims). Mitchell’s piece pretty much says all that needs to be said, and coming as it does from a seasoned investigative journalist, may be just what other journalists need to get the scent of this story.
Posted in 9) The Deep Capture Campaign |
June 19th, 2008 at 7:25 pm
I think this is a great idea’ as it is taking positive action and more important putting the name of “Deep Capture” in the eyes of all to see. But most important it is a way to vent your frustrations that these two bit bashers are stirring up in every one. This idea of Patricks will be like a clove of garlic to a vampire or a real job to Darla. Kudos Patrick, I shall start calling and writing tommorrow. We are on a roll and they want to stop it that’s why you see all this bullshit on these boards, just to take your eye off the ball.
June 19th, 2008 at 7:45 pm
Let’s not forget the Motley Fool - the alleged advocates for smaller investors and who like to pat themselves on the back for championing Reg. D, but are strangely hostile to anyone critical of naked shorting and very close to crooks like Herb Greenberg and Whitney Tilson.
June 20th, 2008 at 8:57 am
Gosh… what a lot of journalists not at work today and what a lot of undeliverable emails!!
June 20th, 2008 at 8:10 pm
After Hours trading on the TSX: I am wondering how the after hours trading standard is of a level playing field. I am told that after hours trading is a price agreed upon during the normal trading day. So one would assume that if a stock trades “and I give a price” of high of $2.79 and the low is $2.71…that once the market closes that someone can actually do an after hours trade at an agreed price below the low of the day. Would that not be maniplulation of the share price and the TSX sits by and lets it happen. The fair trading price during the day at close was $2.71 so how can a price be agreed upon to be lowest price of the close without the sight of manipulation. That is like saying…hey…I want to lose 3 cents at the end of the day…who wants to lose 3 more cents at the end of the day unless they know that they are going to make money of the retailers that get out for fear that there is something wrong with the company. How can that be considered fair to the retail purchaser. I could understand the after hours trading price to be $2.71 as that was the price at close but to be even lower than any trade that happened during the day is obscure. I think that rules and regulations of the TSX need to be looked upon…these types of trades take money away from the retail investor. I find it very unfair to be permitted. If you would like to look at my reference take a look at the intra for Shoregold SGF.T. A company that 90% of the time closes lower in the after hours trading(and permitted by the TSX). Their are some big names holding shares in this company. The company is currently holding a indicated Mineral Resource of 122 Million tonnes graded at .13.6 cpht and valued at $225 carat…an operating cost of approximately $12.25 a tonne giving a profit of about $16 a tonne. The market makers have roughly been able to take half the value out of the share price over the past few months. Fidelity owns a huge capital in this…and paid much more then the current $2.68 trading price and have not been selling off any of their holding if anything have been adding to. Regulations by the TSX need to be looked upon.
June 23rd, 2008 at 10:24 am
I SENT ALL OF EM GUYS SO FAR I GOT BACK 5 FAILED E-MAILS.
THE DELIVERY DEMON.
1.)ghall@ocregister.com
2.)tgnoffo@phillynews.com
3.)erosen@democratandchronicle.com
4.)GPotter@buffnews.com
5.)dmiller@suntimes.com
PLUS I GOT A ZILLION REPLIES ALL OF WHICH SAID:
“I am out of the office until Thursday, June 26″
OR OTHER SUCH DATES….
June 23rd, 2008 at 10:55 am
[...] For ideas on how to crack the cover-up, here is a page of simple [...]
June 23rd, 2008 at 1:04 pm
Might I add another much more widely read source for news then many of these. In fact one of the most read internets news sites.It is World Net Daily:
http://www.wnd.com/
Josepf Farah is the publisher and founder and he has run many rants against the Fed and central banking system.
Get his attention.
June 23rd, 2008 at 5:01 pm
Just before the Bloomberg Phantom Shares special in March 2007, Buyins.net sent an email to every financial reporter in the United States. Over 1,200 reporters opened and reviewed the Buyins.net free offer to review the OSTK short sale times and sales data that proved without a doubt that monster amounts of short selling was taking place every day in OSTK at the same time that OSTK was on the NASDAQ Threshold Security List (”naked short list”). Only one reporter attempted to use the data, BusinessWeek, and the story was killed by editors at the magazine. The entire US business press can be considered captured when collectively, not a single reporter would expose the truth when it was handed to them on a silver platter and completely free of charge……..go figure!!!!
June 24th, 2008 at 12:02 pm
Goldman Sachs says: “This policy is designed to provide a channel of communication for employees and others who have concerns about the conduct of Goldman Sachs or any of its people……….” 1 (866) 520-4056 You might also give a ring to their press contact: 212-902-1000/5400
Morgan Stanley’s “Integrity Hot-line” says: “Concerns relating to ethical or business conduct matters, including accounting, internal accounting controls or auditing matters, may be brought to the Company’s attention” at 866-448-8434
I called both, above. Morgan Stanley called me back, immediately. Their response is that “everyone is entitled to their opinions, and we have not been sanctioned by the SEC”
This amounts to an admission that they are trading naked put/options.
I told them that this went viral, today, and that “the blogosphere is lighting up with this information”. Additionally, I told them that now that the bloggers have picked this up, it is likely going to be a public relations nightmare, and that I am sure that they will lead the way to do something to correct this problem.”
The only way to do this, is to put together a YouTube.com video.
I also sent this information to Alex Jones, who has a popular anticorruption website, and radio show in Austin Texas, to let him know about this. There is a link to this situation and the players in this, and the put options that were sold on September 10,2001 on American Airlines, etc.
To know who is behind 9/11, it is a matter of following the money.
If the 911 Truth movement gets ahold of this, they will promote getting to the bottom of this.
The links between players shows a pattern that does link to those put options on 9/10.
June 25th, 2008 at 1:13 pm
It is good to see so many like minds!!!
I have an idea or three!!! So stop the presses and listen to me. I have been following the deception from the day I was born, watching Mr. Faulk, Mr. Saunders, and Patch since the truth has been sworn.
Hold onto your hats this is better that digital porn.
Here is my idea with not details.
To attain the 30 thousand dollar reward I will work in a group to attain a million dollar reward (Very well known award) and after this is somewhat exposed (WHICH IT SHOULD BE) I will go after a well known 26 million dollar global award.
This should make the news or at least be the talk of the blogosphere.
Three awards in one…. Just for telling the truth. Awesome!
Do you want more details???
June 25th, 2008 at 1:19 pm
Spelling does not count does it???
The awards are the well known James Randi award and the 26 million dollar challange the Al Gore/ Richard Brandson award.
I tried to set it up on my own but they use deception, obsfucation and manipulation to not continue.
With a concerned group behind it this is easy peasy lemon squeezy.
June 26th, 2008 at 12:38 am
My firts thought;
I’m mad as Hell, and i’m not goin’to take this annymore!
http://nl.youtube.com/watch?v=dib2-HBsF08
July 4th, 2008 at 10:53 am
cute guy’s i give you the winner and you delete it
scam just like all you bser’s