While Angelo Mozilo is working on his tan and pretending he did not engage in blatant 10(b)-5 fraud for years and years. Oh well, justice is served. Don’t look for the Gerson Lehrman IPO any times soon.
RAJARATNAM GETS 132 MONTH PRISON TERM FOR INSIDER TRADING. – BBG
“Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was [...]
â€œThe key to understanding the current situation is to understand that house prices, jobs, wages, and pensions in the US are all being attacked with original-issue debt dollar junk.
This will continue until the middle class has been completely wiped out.â€
Can you elaborate on this, please?
Yes, itâ€™s a Financial Holocaust. It is designed to destroy the American middle-class. We face an original-issue deflation, if you will. It is as if Michael [...]
Although it has NEVER been reported by the press, things are turning out like many of us tin foil conspiracy nuts figured they would turn out; the big failed banks, using money forced out of the taxpayers’ hands, are buying up all the other banks. Yes, the bankster controlled USG has moved beyond corporatism, and has evolved into [...]