It may have been scrubbed elsewhere, but it is still available on this DeepCapture essay from March, 2008. http://www.deepcapture.com/jim-cramer-is-a-complicated-man/

Somehow, I don’t think I’ll be hearing from any of Jim Cramer’s lawyers about it.

Patrick

Unsurprising, but still rather sad…

http://seekingalpha.com/article/126427-greenlight-capital-looks-to-build-on-lehman-short-success

The Essential Reason for so many bankruptcies is:

The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street…

The sad truth is that the biotechnology industry has been a favorite target for the Shorting Hedge Funds that use counterfeit shares (FTDs – Fail To Delivers) to drive down the price of biotech stocks with the goal of driving them into bankruptcy – to make more money. They simple sell stock shares they do not borrow nor own, never intend to deliver, and never deliver. This simple illegal activity, counterfeiting, is self-fulfilling.

These Counterfeiting Hedge Funds as Guests of Market Makers use the “Madoff Exemption” to manipulate the stocks of biotechs anytime they want to.

Here is a video that explains HOW…

The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street…

DESTROY COMPANIES and DESTROY OUR INVESTMENTS in such companies, as biotech companies:

>>>Destroying Companies For Profit – Current Video

( http://current.com/items/89439340/destroying_companies_for_profit.htm )

Here is another video explaining HOW The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street tried to destroy a company called “Force Protection, Inc”….

( http://www.youtube.com/watch?v=t5put3e8MQo&eurl=http://www.dailykos.com/story/2009/3/15/708467/-The-Financial-Terrorists-of-Wall-Street—The-Truth-Behind-a-Curtain-of-Silenc&feature=player_embedded )

The biotech industry had thrived as a new-drug incubator for big pharma companies, which poured money into acquisitions and partnerships to build up their biotech-drug product line. Some of that is still happening, but most sources of investment funding have dried up in recent months.

Since November, 10 biotechs have declared bankruptcy, says Ellen Dadisman, a spokeswoman for the Biotechnology Industry Organization. Meanwhile, 120 of the 360 publicly traded biotechs have less than six months of cash left, compared with just 12 companies in that position a year ago, according to Burrill & Co., a venture-capital concern in San Francisco that follows the industry.
[biotech and financing]

Last week, Altus Pharmaceuticals Inc., based outside Boston, said its auditors doubt it can make it through the year without additional cash. To save money, the company has canceled development work on a potential drug for cystic fibrosis.

Isolagen Inc. has positive data on its experimental skin treatment and has filed for U.S. Food and Drug Administration approval. But the Exton, Pa., company says it has only three weeks of cash left before it will need to cease operations or file for bankruptcy protection.

G. Steven Burrill, who heads Burrill & Co., says, “We’ll lose 100″ of the publicly traded biotechs this year as companies fail or get taken over.

>> “WE’LL LOSE 100″ OF THE PUBLICLY TRADED BIOTECHS THIS YEAR” <>>Destroying Companies For Profit – Current Video

WSJ Yesterday reported that…
… MANY BIOTECHS WILL GO UNDER THIS YEAR:

>> “WE’LL LOSE 100″ OF THE PUBLICLY TRADED BIOTECHS THIS YEAR” <>>Destroying Companies For Profit – Current Video

( http://current.com/items/89439340/destroying_companies_for_profit.htm )

Here is another video explaining HOW The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street tried to destroy a company called “Force Protection, Inc”….

( http://www.youtube.com/watch?v=t5put3e8MQo&eurl=http://www.dailykos.com/story/2009/3/15/708467/-The-Financial-Terrorists-of-Wall-Street—The-Truth-Behind-a-Curtain-of-Silenc&feature=player_embedded )

>> “WE’LL LOSE 100″ OF THE PUBLICLY TRADED BIOTECHS THIS YEAR” <>>Destroying Companies For Profit – Current Video

( http://current.com/items/89439340/destroying_companies_for_profit.htm )

Here is another video explaining HOW The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street tried to destroy a company called “Force Protection, Inc”….

( http://www.youtube.com/watch?v=t5put3e8MQo&eurl=http://www.dailykos.com/story/2009/3/15/708467/-The-Financial-Terrorists-of-Wall-Street—The-Truth-Behind-a-Curtain-of-Silenc&feature=player_embedded )

Thank you for the link to the story:

The Financial Terrorists of Wall Street – The Truth Behind a Curtain of Silence…

by KathrynW, posted on Sun Mar 15, 2009 at 10:14:30 AM PDT

On this page you will find a YouTube video inspired by a DeepCapture.com story about Force Protection, Inc.

KathrynW, thank for creating this video. I would suggest that you add some text with arrows to show the declining price of the stock and the increase in the number of phantom share – their inverse relationship.

Here is the closing paragraph of this story:

“Do you still feel safe with your investments? Who is more of a threat to our way of life, Al Qaeda or these Hedge Fund managers, (with the consent of Congress, the SEC, and financial media outlets) who have financially raped thousands of corporations and their investors, pumped billions of phony shares into our markets, and stifled the very essence of entrepreneurship in America? It’s time for a serious change in how we do business and how we enforce our laws.”
( http://www.dailykos.com/story/2009/3/15/708467/-The-Financial-Terrorists-of-Wall-Street—The-Truth-Behind-a-Curtain-of-Silence )

Here is the YouTube link to KathrynW’s video on Force Protection, Inc.:

( http://www.youtube.com/watch?v=t5put3e8MQo&eurl=http://www.dailykos.com/story/2009/3/15/708467/-The-Financial-Terrorists-of-Wall-Street—The-Truth-Behind-a-Curtain-of-Silenc&feature=player_embedded )

I like KathrynW’s title for her story, and I’am thinking this morning that I should entitle my letter to Congress as:

The Wall Street Counterfeit Machine – The Financial Terrorists of Wall Street…

Maybe as early as this week.

http://www.iht.com/articles/2008/10/16/business/pay.php

Instead, Cuomo is waving his publicity-seeking arms for attention regarding Merrill bonuses.

SEC?

FBI?

http://guests.dailyshownews.com/akira/panel.do?id=2313

It appears this is the location for it:

http://forum.thedailyshow.com/tds/board?board.id=guest-suggestions

I’ve been posting on different investing blogs about where to vote. Be sure to do the same.

Those votes are really coming in now!!!

http://guests.dailyshownews.com/akira/dtd/16867-2313

Now they are checking to see if Patrick will be on tonight. I was told by my source it was definite but obviously he may have been mistaken. Sorry folks. I will keep everybody posted.

* * * * *

http://www.nowpublic.com/tech-biz/jim-cramers-nemesis-patrick-byrne-daily-show

You stated:

“In the other market which is invisible to us the “supply” variable is made up of legitimate shares only. These have a corresponding paper-certificated share in existence to justify their existence. The only way to access this market is to put in a buy order under a “guaranteed delivery” basis.”

Could you expand on the exact meaning of >> “guaranteed delivery” basis?

but i thought it was suppose to be tight…felt good while it lasted…….

130 counts of corruption for schemes that defrauded the state Senate and others of more than $3.5 million and allowed him to live a lavish lifestyle.

http://news.yahoo.com/s/ap/20090316/ap_on_re_us/senator_investigation_trial

Your point is well made. In our DTCC-administered clearance and settlement system we actually have 2 separate markets in each corporation’s shares. In the one we have visibility of the “supply” variable is made up of the “supply” of legitimate shares plus the “supply” of readily sellable IOUs or “securities entitlements”. This market trades at artificially depressed levels. The “supply” variable has been manipulated upwards resulting in the price being manipulated downwards.

In the other market which is invisible to us the “supply” variable is made up of legitimate shares only. These have a corresponding paper-certificated share in existence to justify their existence. The only way to access this market is to put in a buy order under a “guaranteed delivery” basis. Since the resultant trade would be well above the existing market levels nobody on Wall Street will accept one of these. Why? Because it would give away the corrupt nature of the market that is visible to us.