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, as long as you cite the source and provide a link back to Deepcapture). 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.

    Lastly, we strongly encourage you to email these stories (or links to these stories) to as many of your friends as possible.

    This post was written by:

    - who has written 165 posts on Deep Capture.

    I am a concerned citizen who has been focused on systemic instability since 2004.

    Contact the author

    45 Responses to “So You Say You Want a Revolution?”

    1. Jhoffa_ says:

      Sirs.. I hate to post this publically, but I was unable to find an email address or other contact information for the operators of this site.

      “Deep Capture” is a complete, total mess. Its formatting is possibly the worst I have ever seen. – It reads like a 50 page run on sentence.

      There’s so much information here that you REALLY NEED to break it up into categorized, chronological chunks (Including source material) and then link them all together into one coherent, continuous, ongoing narrative.

      I mean, seriously.. When someone stops in the middle of a 70 page screed, how are they supposed to return to where they left off on their next visit to your site?

      What if they don’t have a high speed connection and can’t load 70 some odd pages of jumbled text at one time without crashing?

      What if they want to return to a particular point in the narrative or reference from it – Do they have to search all 70 pages to find what they’re looking for?

      Regards..

    2. Richard Mahan says:

      The following is a e-mai that I sent to the SEC To: enforcement@sec.gov

      Subject: Naked Short Selling

      I want to report what seems to be Naked Short Selling that is going on!

      Check out the company Good Life China Corp., Stock Symbol GLCC

      The Corp has 26.3 million shares outstanding and as of 10.54 am 02/13/09 there has been

      270,906,126 shares traded! How is this possible?

      When the market closed this number had become 440,103,492 shares traded!

      That means the 23.6 million shares outstanding traded 18.64 times this Day! How is this possible

      Let me give you another stock Sirrus Radio Stock Symbol SIRI

      This Corp. has 3.5 Billion Shares outstanding and today as I type this e-mail only 79 million shares have traded! Yesterday over 120 million shares traded.

      This I understand, however I do not understand how a stock that only has 26.3 million shares outstanding can trade over 207 million shares before noon! That means

      all 23.6 million shares have been traded 8.77 times before noon, this is not possible! I own over160000 shares and I have not traded at all this morning!

      Let me know what your thinking is?

      Thanks: Richard Mahan

    3. Alejandro says:

      All the information here resembles what’s being reported about Stanford. Feeder funds, market makers, drug cartels in Mexico, quasi-dictators in Latin America, junkets to politicians, the only missing link is the naked short sellers and I wouldn’t be surprised if you find a link to this character. On the upside it seems that the SEC has finally found a backbone and is willing to act.

    4. Ruben Rivera says:

      Your blog deepcapture.com is one of the important voices on the true nature of investing in America today. I wish to God I had known 10 years ago when I first started investing in stocks what I have recently learned through your website. Namely, about unscrupulous market manipulators, especially the conspiracy between brokers and/or hedge fund managers and financial reporters devoid of any human compassion whatsoever who work together purposely to destroy companies, jobs and real lives through naked short selling.

      Wicked people seem to be in control the system and I don’t expect the SEC or the government in general has the ability, much less the will and integrity to do what’s right. But at least you can keep warning people what they’re up against. Keep up the good work.

      Ruben Rivera, PhD

    5. James Holton says:

      In other words, that stuff you learned in 8th grade civics class actually is true: you can make a difference by writing your representatives

      B.S
      I was with you up to this point, now I’m
      out.

    6. Capt. dale Thomas says:

      Have you made an effort to contact either Kanjorski or Harry Markopolos with your facts so that they might be able to help now that the issue is gaining exposure ?

    7. Chance says:

      Dear Mr. Serwer,

      I must say it is with great embarrassment that I read the following article http://www.deepcapture.com/bethany-mclean/#comment-139834,
      on http://www.deepcapture.com, in which your journalist, Bethany McLean is blatantly violating the law, by working with Hedge Fund Managers
      for purposes of manipulating a stock, and further destroy companies for monetary gain.

      Has the thought occurred to anyone, Fortune Magazine, Bethany McLean, et. al, that people’s lives were ruined as a result of this underhanded,
      under-the-table cheating, that is so blatantly obvious, that it would be incredible for me to believe that Fortune Magazine was not knowingly
      involved with this criminal activity.

      Is making money so important, as to smash all morals, and integrity, that I’m sure Fortune Magazine is founded upon.

      I would urge you to answer the following questions to your “subscriber’s” as well as all of your readers of Fortune Magazine:
      After all, its getting late in the game isn’t it? The cat is out of the bag in other words……enquiring minds want and should know!!!

      1) What is Fortune’s policy regarding journalists working with short selling hedge funds to drive down stock prices?

      2) Has Fortune conducted an internal investigation into the relationship between Ms. McLean and hedge funds, including the one mentioned in the blog?

      a) What were the results of that investigation?

      b) Did this investigation have anything to do with Ms. McLean’s departure from Fortune?

      3) Has Fortune conducted an internal investigation to determine the accuracy of Ms. McLean’s reporting on Fairfax and on other companies?

      a) What was the result of that investigation?

      b) Did this investigation have anything to do with Ms. McLean’s departure from Fortune?

      4) Is Fortune aware that nearly every story written by Ms. McLean since 2001 was sourced from the same group of hedge funds, and that she never once contradicted their analysis? By Fortune’s standards, does this constitute “balanced” reporting?

      The whole Financial World would certainly like to know if the honesty, credibility, and integrity, that has been afforded your magazine, is well-founded.

      Do you put the fire out or heat it up? Inquiry

    8. cGnHsXOiGw says:

      n1vVeW doors1.txt;25;55

    9. Psngray says:

      Nice work! Going to feature this in an upcoming piece on my blog. let me know if I can do anything else.

    10. Lisa says:

      I am having trouble viewing the movie. I found a copy of it on another site, but I wanted to email it out to my list and can’t find the link?

      Help!

    11. Thanks Psngray and Lisa.

    12. Curious says:

      I agree with the other comments about deepcapture being a disorganized, jumbled mess as far as formatting goes.

      Additionally, Mark Mitchell needs to do a bit of research, then needs to go back and remove the claim that Fab Five Freddy is a “Gangsta Rapper.” That is the most hilariously false characterization I’ve heard of someone in quite some time…

    13. Curious says:

      I’d also like to add, I didn’t want to post the above comment publicly, and instead wanted to just send Mark Mitchell an email regarding his completely false characterization of Fab Five Freddy, but the fact that this site has no contact info section with email addresses for anyone makes that impossible.

    14. Tom says:

      To Curious… all this massive stink on Wall Street revealed and you are worried about a freakin’ Rapper ????????

    15. Curious says:

      Tom,

      Don’t misunderstand my intentions, my concern is not for Fab Five Freddy. The only reason I mention the issue is that I find what this site is exposing extremely important, not to mention fascinating, and I hate to have something that erroneous in the middle of the site, as it could possibly cause anyone who knows how false it is to question the overall validity of what is being said here.

    16. Oh Ye With Complaint,

      You are right. All of you. The formatting and lack of features is agonizing. We know.

      By way of explanation but not justification:

      Judd is really busy doing things like this http://www.deepcapture.com/the-short-heard-round-the-world/ and this http://www.deepcapture.com/lecture-on-abuse-of-social-media-by-stock-manipulators/ .

      Evren is up to his dark arts.

      And I have a day job.

      That said, we have been working on DeepCapture’s technology sporadically for months. We moved the servers to a distant location, and are working on a serious site design upgrade. Yes, we will add community-enabling features. Maybe we will even sell hats and tee-shirts. All of these are great ideas.

      But for now, all I can do is deeply apologize for our slow progress.

      Respectfully,
      Patrick

    17. Dana says:

      How does Berkshire Hathaway fit into all this? Does Warren have a clue? If so, how does he maneuver around these sharks?

    18. Chris D'Orsi says:

      I wrote to my Senator in NJ he wrote me back .

      Dear Mr. D’orsi:

      Thank you for contacting me about the short selling of stocks. I appreciate hearing from you on this important issue.

      Recent stock market volatility and steep declines in share prices have sparked concerns over the practice of short selling. As you know, short selling typically involves borrowing shares from a broker, selling them, and receiving a profit if the share price subsequently drops. In one variation, “naked” short selling, borrowers do not even take possession of the shares they sell.

      As you know, the Securities and Exchange Commission (SEC) placed a temporary ban on short selling the shares of many financial institutions in the fall of 2008. In addition, the SEC issued an interim final rule that requires brokers to cover short sales within a three-day settlement period in order to prevent “naked” short selling. Please be assured that I will continue to closely monitor the state of our financial system, and I will keep your letter in mind if legislation regarding short selling is considered by the Senate.

      Thank you again for writing.

      Sincerely,
      Frank Lautenberg

    19. summer says:

      Here is a copy of the type of email I have sent my Senator’s since before the old days when there wasn’t even Sanity check, just bob o’brian and a few connected souls watching what was happening to NFI. I have NEVER gotten a personal reply only form letters. I have sent both snail mail and email. Here is my latest to Senator Graham of FL., who im my opinion needs to be on the wall of shame regarding this issue. Talk about asleep at the wheel….geesh…watching the implosion that was predicted 7 years ago by the group I was mostly an observer to and mental midget in I have again become more involved but I think we need a PAC or lobbyists to address this issue, easch senator and his/her staff needs to be personally briefed, imho.

      here’s the letter
      Dear Senator Nelson,

      I have asked for your help on illegal stock manipulation, failure to delivers and naked short selling for years and you have done nothing but refer me to the SEC that was the sleeping watchdog.

      If this issue is too complicated for you and your staff don’t you think the current financial meltdown warrants you hire a staffer either with knowledge of these complex issues or a willingness to become educated. I have yet to hear that you have done one thing to become involved or correct this issue.

      Try reading this as a way to get current on the real issues that need to be addressed in our financial system, http://www.deepcapture.com/category/djr/, and then get back and tell me what you are doing about these well laid out crimes occuring in our financial system.

      Please don’t bother with the form replies or have the SEC send me a copy of the rules that they don’t enforce. You have done that for years. I used to be more polite about this but since you have ignored me and this issue for almost ten years I find myself a bit curt.

      sincerely !!!!!!! *******

    20. whatgoeson says:

      How about just shutting the stupid stock market OFF? If there’s apparent problems, chronic customer dissatisfaction due to fraud or other problems, then maybe they need a month or two of ‘happy time’ to sort out their business stratengizals. Too many greedy people competing for the same investment dollars leads people to say and do things that are flat-out dishonest, corrosive to the basic american business ethic, and threaten the health of our entire economy, so yeah, don’t hesitate to have somebody standing by the front door with chain and padlock at the ready, if there’s problems apparent, and if it’s all gotten too exotic, too expensive, too complicated, and too risky for people to be able to have a halfway healthy level of faith and trust in the whole proceeding, then figure out whatever passes for the markets’ business license, and feed it into the shredder.

      Further, in regard to having Congress deal with this: How many of our states’ elected representatives and officials are market wizards? How many of them are on the inside track, there, able to discern and decipher all this stuff, and what good are they actually able to do in the face of special interests for whom billions of dollars are potentially on the line?

      I say this is a job for the People themselves. How to go about it? Simple. Take your money OUT of the stock market, and encourage others to do likewise. No customers, no audience=no Vaudeville economic sideshow. Shut it down, shut it off, help a lot of companies go private and back to a more mundane, and reliable business model that’s far less susceptible to whatever kind of Madoffian ‘magic’ that might go on. Money is made through the buying and selling of goods, and payment for provision of services. All Wall St. and attendant firms are is intermediaries, middlemen, trying to get a cut as the real business goes by, trying to finagle higher prices here and there and get a percentage. Unnnecessary, supplemental drain on the already shaky economy, and ethically questionable, so, sidetrack it and let people get on with their own daily business and lives, and let Wall St. have its’ last little siren song or whatever, but let Americans get on with their lives. If it’s all just a big joke on our citizens and can jeopardize our futures, then close it. And, once they’re closed, they won’t have to bother with self-regulation or external regulation, and maybe they can use all their collective business acumen to do something of value to the public at-large, and make mop handles or something, with Bernie Madoff, or trim actual physical hedges in place of manipulating hedge funds and all that jazz. That’s my view.

    21. DBS02892 says:

      Great web site, I hope you keep up the good work. We need to turn this into a grassroots movement to clean up this mess. Naked short selling should be banned and punishable by imprisonment. Sending a few hedge fund managers behind bars would certainly get the message across …

      Someone suggested shutting the stock market down: I don’t think that we should throw the baby out with the bath water, the stock market is a great and necessary component of the economy, we simply need to have regulators who have spines, and we should stop tolerating illegal destructive behaviors.

    22. gene martin says:

      I invest to help AMERICA grow. Short selling ,to break companies is a robbery that affects all americans

    23. April Medlin says:

      My husband’s pension lost half of it’s value($50,000)because of these criminal acts. I painted “I was middle class” on my van windows in hopes that others would do the same. I carried a sign with the same message. I was tired of waiting for the revolution
      & wanted to help bring it about. Since all of this mess started we went from $60,000 + a year,& excellent health care for 12 years down to unemployment for 7 months, food stamps, no health care, & having a hard time paying our perfectly affordable mortgage. My husband’s 750 credit score has probably dropped a few points. We just received a notice from Bank of America( our mortgage lender after being sold by CountryWide)that an employee stole information & we are included in a Class Action Lawsuit.The period of time includes the time in which the value of the pension fell.Could this be a cover up?

    24. April Medlin says:

      Thank you, David Byrne, & friends,for bringing this into the light so that ordinary Americans whose pensions fell by 50% ($50,000) in value could understand why this happened. I wrote “I was middle class” on my van windows & drove around hoping that others would see my message & write it on their car windows. I was tired of waiting for the revolution that was supposed to be coming-I was trying to start it.

    25. Some unquestionably interesting information and facts here. I am not certain whether you are aware or not but it does look like your footer is overlapping to some degree. Must be something around the program code not quite right. In any event, excellent blog you own here and you without doubt could not overcom wordpress blogs for a Website cms program.

    26. Isabelle says:

      Great blog, Just wanted to comment that i can not connect to the rss stream, you might want install the right wordpress plugin for that to workthat.

    27. Hey there! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no back up. Do you have any methods to stop hackers?

    28. With every thing that seems to be developing within this particular area, many of your opinions are generally rather exciting. However, I am sorry, because I do not give credence to your entire idea, all be it radical none the less. It seems to everybody that your remarks are generally not completely justified and in reality you are your self not really fully certain of the argument. In any case I did appreciate examining it.

    29. Merrill says:

      Considering the significantly lowered volumes, it would appear the common investor has pretty much figured it out and has pulled out of the market. I suspect those funds are a significant portion of the $1.6 trillion, a lot of “economists” are complaining about sitting on the side lines. Well, no fear, the criminals have figured out a new way to steal from us… commodities. Now, they get free money from the Fed and just manipulate the price of oil and food. If you think about it, it’s a much better gig. This way they can steal from billions of folks, instead of just a few hundred million. Maybe someone should be investigating the commodities markets. Just look at how the Comex is able to manipulate the price of gold and silver by “adjusting” margin levels at just the right time. I guess we’re always going to be a step behind those brilliant thieves.

    30. randydutton says:

      Fascinating website. I just published The Carbon Trap, an ecopolitical thriller, which incorporates numerous hacking and financial manipulations that include a little of what your website describes. The misdeeds of progressives (of both parties) is astounding. They use nearly any issue, in the case of my book it’s carbon, as a means of gaining control of property rights, freedom, and humanity.

      I’m finishing up book 2, The Carbon Cross and may include a little more detail about the manipulations you cite here. Perhaps I’ll also mention the website in the book’s dialog.

      http://www.rainforestpress.com.

    31. rediff.com says:

      Hi there, I check your new stuff regularly.
      Your story-telling style is awesome, keep doing what you’re doing!

    Trackbacks/Pingbacks

    1. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    2. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    3. [...] I recently lectured business students at the University of Texas, on the topic of abuse of social media by stock manipulators. I’ve merged the recording of the lecture with my slide presentation and converted it to video below. For the larger, interactive slideshow version, click here. As a post-script, I found this experience to be a very positive one, and would welcome similar opportunities in the future. Please contact me via email at: antisocialmedia@gmail.com If the information contained in this presentation concerns you, and you wish to help, then: 1) email it to a dozen friends; 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    4. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    5. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    6. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    7. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    8. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]

    9. [...] (”It Only Hurts When I Laugh“). And in June of 2008, in an essay (”So You Say You Want a Revolution?“) now linked to dozens of times through this site, I wrote of the [...]

    10. [...] 2) go here for additional suggestions: “So You Say You Want a Revolution?“ [...]


    Leave a Reply

    • Popular
    • Latest
    • Comments
    • Tags
    • Subscribe

    Related Sites