0 votes

Investors Defrauded of Hundreds of Billions in Stock Market

If one owned Citigroup, B of A and RBS bank stock and sold it because by looking at its financials it was severely short of cash but now we are finding out that the banks were secretly given hundreds of billions by the central banks undisclosed to share holders. Why is this not fraud and market manipulation? What about... those who took a short positions because the information was withheld and lost billions?

Bank of England Secretly Loaned $102.9 Billion to RBS
http://www.cnbc.com/id/34126826

Federal Reserve Banks Secretly Lent Out $2.2 Trillion and Refuses to tell Senate Where Money Went
http://www.youtube.com/watch?v=oOpQkRsEfaU

Presidential Working Group on Financial Market Directly Buying Stock in the Stock Market
http://www.youtube.com/watch?v=X06kz9dzXho



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I asked the local head of a brokerage firm

whom came to see us last week about investments what was going to be done about all the LARGE Investment banks NAKED SHORTING THE MARKETS? He looked at me like I was not supposed to know anything about it... he stammered and hymned and hawed.. then I showed him the door, told him he was welcome back when he had an answer and there were some brokers in jail. I don't expect to see him too soon!
The Liberty a society retains is inversely proportional to the number of Lawyers in the Government.

The Liberty a society retains is inversely proportional to the number of Lawyers in the Government.

We are victims in this economic war, which rewards sycophants.

"We are living in a time of insanity" - Rush Limbaugh

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

I can't believe people still buy in to this crap shoot market.

Look at these stocks. Most companies are running on fumes, and if it weren't for the "government allowed" accounting trickery, many would be insolvent. You used to buy a share of common stock with the anticipation that the company would be well managed, and forge new profit levels, and therefore the price of your share would appreciate. That's called the P/E ratio, which used to be modestly guaged around 10. Now many companies don't even make a profit, therefore their common stock is worth nothing. But along comes fancy accounting, big banks, public relations (more lipstick on the pig), mutual fund manager payoffs, corporate merger technicians, and someone, with all the inside knowledge ends up making nice profits. Not the shmuck on the street, who deserves a fair market. Don't even try to figure out the Wall St. banks because when you're in collusion with the Feds, you'll never get to the real objective.

alan laney

bump

.....

"Injustice anywhere is a threat to justice everywhere" MLK