Comments on: We ♥ Jim Cramer http://www.deepcapture.com/we-%e2%99%a5-jim-cramer/ Independent investigations into illegal naked short selling. Fri, 20 Nov 2009 23:50:55 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Journalists & Others « Notes for Deep Capture http://www.deepcapture.com/we-%e2%99%a5-jim-cramer/comment-page-1/#comment-148284 Journalists & Others « Notes for Deep Capture Mon, 16 Mar 2009 05:37:51 +0000 http://www.deepcapture.com/?p=416#comment-148284 [...] We ♥ Jim Cramer, by Mark Mitchell. Deep Capture, July 23rd, 2008. [...] [...] We ♥ Jim Cramer, by Mark Mitchell. Deep Capture, July 23rd, 2008. [...]

]]> By: mhelburn http://www.deepcapture.com/we-%e2%99%a5-jim-cramer/comment-page-1/#comment-82730 mhelburn Wed, 22 Oct 2008 15:43:00 +0000 http://www.deepcapture.com/?p=416#comment-82730 Regulator being investigated... it is about time. from www.investigatethesec.com "By Amit R. Paley Washington Post Foreign Service Wednesday, October 22, 2008; Page D03 Senate investigators are looking into whether senior officials at the Securities and Exchange Commission provided confidential information to former colleagues working on Wall Street. The inquiry began after the SEC's Inspector General received an anonymous tip earlier this month. It alleged that Linda Chatman Thomsen, the agency's director of enforcement, gave information about investigations into Bear Stearns around March to the general counsel of J.P. Morgan Chase, which at the time was considering whether to buy the troubled investment bank. The Oct. 7 complaint claimed that the inside knowledge obtained by the attorney, Stephen M. Cutler, a former head of enforcement at the SEC, allowed J.P. Morgan to low-ball its bid to purchase Bear Stearns. A copy of the complaint was also provided to Sen. Charles E. Grassley (R-Iowa), the ranking member on the Senate Finance Committee. In a letter sent last night to the SEC, Grassley asked for information about all SEC investigations into Bear Stearns, as well as communications between SEC officials and J.P. Morgan Chase about those cases. "Such conduct would reinforce the appearance that Enforcement decisions, and disclosures of information about them, are sometimes based not on the merits," he wrote in his letter yesterday, "but rather on access to senior officials by influential representatives of power brokers on Wall Street." An SEC spokesman declined to comment last night. J.P. Morgan Chase did not respond to a request for comment last night. The inspector general, H. David Kotz, issued a report last month that criticized what some agency employees called the "common practice" of outside lawyers gaining access to senior SEC officials. He also said the agency should consider disciplining Thomsen for such behavior while she was in charge of an insider-trading case. Grassley raised concerns last year about improper communications between high-level SEC officials and attorneys at firms under investigation." Regulator being investigated… it is about time.

from http://www.investigatethesec.com

“By Amit R. Paley

Washington Post Foreign Service
Wednesday, October 22, 2008; Page D03

Senate investigators are looking into whether senior officials at the Securities and Exchange Commission provided confidential information to former colleagues working on Wall Street.

The inquiry began after the SEC’s Inspector General received an anonymous tip earlier this month. It alleged that Linda Chatman Thomsen, the agency’s director of enforcement, gave information about investigations into Bear Stearns around March to the general counsel of J.P. Morgan Chase, which at the time was considering whether to buy the troubled investment bank. The Oct. 7 complaint claimed that the inside knowledge obtained by the attorney, Stephen M. Cutler, a former head of enforcement at the SEC, allowed J.P. Morgan to low-ball its bid to purchase Bear Stearns.

A copy of the complaint was also provided to Sen. Charles E. Grassley (R-Iowa), the ranking member on the Senate Finance Committee.

In a letter sent last night to the SEC, Grassley asked for information about all SEC investigations into Bear Stearns, as well as communications between SEC officials and J.P. Morgan Chase about those cases.

“Such conduct would reinforce the appearance that Enforcement decisions, and disclosures of information about them, are sometimes based not on the merits,” he wrote in his letter yesterday, “but rather on access to senior officials by influential representatives of power brokers on Wall Street.”

An SEC spokesman declined to comment last night. J.P. Morgan Chase did not respond to a request for comment last night.

The inspector general, H. David Kotz, issued a report last month that criticized what some agency employees called the “common practice” of outside lawyers gaining access to senior SEC officials. He also said the agency should consider disciplining Thomsen for such behavior while she was in charge of an insider-trading case.

Grassley raised concerns last year about improper communications between high-level SEC officials and attorneys at firms under investigation.”

]]> By: mhelburn http://www.deepcapture.com/we-%e2%99%a5-jim-cramer/comment-page-1/#comment-76611 mhelburn Wed, 15 Oct 2008 11:42:42 +0000 http://www.deepcapture.com/?p=416#comment-76611 Criminal short-selling seemed to be ok with Cramer in an up market where stocks could be driven down for large gains. It was ok for a few select parties who used the media in the game. When the extent of the fails grew beyond redemption, Cramer saw that it could break the system. In a last ditch effort to to stop the criminals from destroying the market, from which Cramer makes his living, he decided to come clean. Cramer, etal lied to the public about the criminal enterprise and now he can't get traction because of the previous lies. Every corner of the market is corrupt, the regulators, the traders, the brokers, the rules, the media.. the products that they have been selling as real when they are not. Fraud.. total fraud. Cramer has to reinvent himself or he will be found part of the criminal enterprise. Criminal short-selling seemed to be ok with Cramer in an up market where stocks could be driven down for large gains. It was ok for a few select parties who used the media in the game. When the extent of the fails grew beyond redemption, Cramer saw that it could break the system. In a last ditch effort to to stop the criminals from destroying the market, from which Cramer makes his living, he decided to come clean. Cramer, etal lied to the public about the criminal enterprise and now he can’t get traction because of the previous lies.

Every corner of the market is corrupt, the regulators, the traders, the brokers, the rules, the media.. the products that they have been selling as real when they are not. Fraud.. total fraud. Cramer has to reinvent himself or he will be found part of the criminal enterprise.

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