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POPSHedge Fund's Trade Secrets In Manipulating The Global Stock Markets by
merrie Yesterday 11:01 PM 
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- have been savaged far more than Wall Street's errant financiers even though they have yet to write off a single extra cent in bad debt since the credit crisis hit last year. At the moment, they are simply making prudent and relatively tiny provisions in case anything does go wrong. The ASX financial index has been slashed by 30.3 per cent since November 1. But on Wall Street, the cause of the problems, the Dow Jones banking index has fallen just 21 per cent. How could that possibly be? The answer is that the traders have found a chink in Australia's regulatory armour. The hedge funds have found a way to manipulate the market through a process known as short selling. This is where traders sell stocks if they think the share price will fall in the future. Then they buy them back at a lower price later on. It is perfectly legal and even encouraged as it can add liquidity to markets. In recent years, however, the practice has become more sophisticated and incredibly complex.
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POPSAyers Link MORE Than Just Bomb Throwing. Take $millions,radicalize youth of community, organize and intimidate bankers, lenders, then Fannie, Congress, now YOU - for your vote. DON"T be intimidated. You are not a racist for seeing the truth behind Barack Obama. Search out the facts (you will NOT get it on MSNBC) Check the facts.
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POPSWhat to watch beyond the Dow If you haven't seen this Slate's new business site, The Big Money, explains the "TED spread," which measures the confidence that banks have in lending to one another. As the Dow continues to plummet, it's helpful to understand another metric (which still doesn't offer much room for optimism right now).
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POPSPlanting Seeds of Disaster
In one of the first book-length scholarly studies of ACORN, Organizing Urban America, Rutgers University political scientist Heidi Swarts describes this group, so dear to Barack Obama, as “oppositional outlaws.” ACORN’s Inside Strategy Yet ACORN’s entirely deserved reputation for militance is balanced by its less-well-known “inside strategy.” The untold story of ACORN’s central role in the financial meltdown is about the one-two punch to the banking system administered by this outside/inside strategy. Critics of the notion that CRA had a major impact on the subprime crisis ask how a law passed in 1977 could have caused a crisis in 2008? The answer has a lot to do with ACORN — and the critical years of 1990-1995. Banks merger or expansion plans were rarely held up under CRA until the late 1980s, when ACORN perfected its technique of filing CRA complaints in tandem with the sort of intimidation tactics perfected by that original “community organizer” ,Saul Alinsky.
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POPSEconomic New World Order Emerges from Crisis Taxpayers lose as governments nationalize and intervene in banks to prevent collapse. This seems all too convenient an arrangement. They have always wanted a economic new world order and now, they say, is the time to do it. This financial crisis and the reaction of governments will go down as a major historical event that changed the world. Meanwhile, while the financial sectors are in throws, gas prices for consumers are dropping and there is still credit and loans to be obtained at good interest rates despite all their propaganda to scare up support for these interventions by governments.
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POPSAlan Greenspan's Culpability: From Keating to the 2008 Economic Crisisby
zizzy Yesterday 1:44 AM In 1985, Keating hired Alan Greenspan as an economic consultant, in an unsuccessful effort to convince an oversight agency to exempt Lincoln Savings from certain regulations. Greenspan delivered a favorable report, writing that Lincoln Savings was “a financially strong institution that presents no foreseeable risk to depositors or the government.” (Greenspan produced similar favorable reports on numerous other banks that also failed soon after).
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POPSBanks to lend you your own money! From the Daily Mash: "Chancellor Alistair Darling said the decision had been taken in tandem with the banking industry, adding: "They used a lot of dirty words I'd never heard before and one of them had an angry looking dog."
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POPSBrits, U.S. Inject Capital. Save Banks. Start Socialism.
Following the lead of the Aussie's (not mentioned in article), The British government this morning pledged to "injected capital," -- hundred of billions of pounds -- to rescue its banking system. U.S. Treasury Secretary says he has "broad powers," to do the same. I think this is a good idea. It sure is a better idea than buying stinking unsecured debt that may never be repaid, that is if I understand the term "injecting capital," correctly (which I think I do but it would help if these guys spoke English). Why have they come up with what sounds like, at least, a reasonable plan? I don't know...maybe it's the intense scrutiny they are under...i.e., "oversight," actually helps. Of course there is some irony in this due to the fact that government buying ownership (buying stocks) in private companies is a cornerstone idea of socialism. And this idea comes from the ultimate capitalist who oppose government intervention in any way. I find this very interesting.
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POPSBritish bank bailout to make 692 billion available "They've got additional capital now if they want it, they've got an unlimited source of liquidity," said Terry Smith, chief executive of the money brokers, Tullett Prebon. "That certainly should stop the panic in terms of people wondering whether or not the banks are safe."
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POPSBanking on Dodd - Hardly I swear these lousy Democrats are slicker than Gotti ever was - nothing, absolutely nothing sticks to the Teflon Dodd
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