Raj Rajaratnam is a Sri Lankan-American former hedge fund manager and founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI for insider trading, which also caused the Galleon Group to fold. He stood trial in U.S. v Rajaratnam (09 Cr. 01184) in the United States District Court for the Southern District of New York, and on May 11, 2011, was found guilty on all 14 counts of conspiracy and securities fraud. On October 13, 2011, Rajaratnam was sentenced to 11 years in prison and fined a criminal and civil penalty of over $150 million combined. Rajaratnam was released to home confinement in his Upper East Side Manhattan apartment, located on Sutton Place, in the summer of 2019.
Tweet: President Donald J. Trump Knows!
TweetWhen the so-called “rich guys” speak negatively about the market, you must always remember that some are betting big against it, and make a lot of money if it goes down. Then they go positive, get big publicity, and make it going up. They get you both ways. Barely legal?
— Donald J. Trump (@realDonaldTrump) May 13, 2020
Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
Article - Media
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich
Matt Taibbi
Rolling Stone, 13 May 2020
This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain.
Continue reading “Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino”
Article: In ‘Cum-Ex’ Crackdown, EBA Tells Supervisors to Look at AML Compliance
Article - MediaIn ‘Cum-Ex’ Crackdown, EBA Tells Supervisors to Look at AML Compliance
KYC360, 13 May 2020
EU banking supervisors must investigate Cum-Ex transactions and other dividend arbitrage schemes as part of their reviews of anti-money laundering (AML) compliance programs, the bloc’s banking authority said Tuesday.
The European Banking Authority (EBA) said in a report that recent surveys of the bloc’s AML and prudential supervisors indicate that member-states “do not share the same understanding of dividend arbitrage trading schemes and the extent to which financial institutions’ handling of the proceeds from these schemes constitutes money laundering.” The handling of funds linked to such schemes “is likely to amount to money laundering, irrespective of where the tax crime took place,” the EBA said.
Tip: CymaBay Therapeutics Being Naked Short Sold
TipCymaBay Therapeutics (CBAY) at Yahoo Finance
Now learn this company is owned almost 90% by funds you can only own 100% of a stock , NOW add in retail holders i bet that is 100% easy its a $2-$4 stock then add in NON reporting funds around the WORLD lets say 20% more
The short in this name is at least 120% more then float so if float is 62M so my guess the total naked short in this name is easy about 80M shares so the NEW trading float adding in all the fakes is now 80+62M or 140M shares
Welcome to FRAUD St how does that help shareholders or the company? IT DOESN’T
Continue reading “Tip: CymaBay Therapeutics Being Naked Short Sold”
Article: Tesla Dirty Tricks Continue?
Article - MediaTesla Inc.: Anatomy Of A Trade
Dan Stringer
SeekingAlpha, 13 May 2020
The premeditated and coordinated market manipulation in $TSLA is working today.
Tip: Aurora Cannabis Naked Short Sold Off the Exchange
TipACB did the reverse how is it doing the last 2 days? STRAIGHT down just more money to steal instead of a penny stock they sell a $7 stock the CAR WASH
here are prices and volume last 2 days HIGH was $8.21 now $6.80 on that wonderful news
Yahoo Pricing on Aurora Cannabis
THANK YOU NYSE kicking them off because of Price now the animals will just steal again
Tip: iBio In Play with Naked Short Sellers?
TipAnother great study is ticker IBIO https://www.ibioinc.com/
Investigation needed!
Tip: PlugPower Naked Short Selling with CEO Complicity?
TipA current company that would make for a great real time story and investigation is Plug Power ticker PLUG.
For over 20 years from its IPO in 1999 stock price has declined from an IPO price of over $1,000. a share to low of .80 cents with today stuck at $4.31. A new CEO started April 2008 stock price was $32.10 many suspect he’s part of the Naked Short Selling crime spree… making MILLIONS of Dollars in compensation from a non-profitable company. This is a new technology company in the hydrogen fuel cell business. https: www.plugpower.com
#UNRIG Video (5:05) Naked Short Selling Interview #6 – Firefighter Joseph McCarthy
Video
Article: After a Reverse Split, Can Aurora Cannabis Also Reverse the Downward Trend?
Article - MediaAfter a Reverse Split, Can Aurora Cannabis Also Reverse the Downward Trend?
Aurora Cannabis (ACB) is one of the major players in the Canadian pot industry, but along with many other Canadian cannabis stocks, the hype has failed to deliver profits and meet investors’ expectations. As a result, the share price has collapsed by over 90% since early May last year.
Comment: Naked short selling killed this company. Why would a reverse have anything do with business? its means nothing But the stories seem to say the reverse can change the downtrend? HOW?
Tip: Today’s Naked Short Selling Victim CymaBay
TipCymaBay Doubles After-Hours On Positive NASH Trial Update
first 1/2 hr of trading 22 MILLION shares traded everyone who is long wanted to see on this great news HURRY RUN away someone is selling a boat load of naked shorts for sure
Now the funny part the stock is down from a high of $13 to a low of $1.21 and the stories will be written today that stock is soaring or some other word saying stock has gone up enough. That’s how they get people to sell stock has doubled RUN away.
Continue reading “Tip: Today’s Naked Short Selling Victim CymaBay”
Subject: David M. Solomon
Subject of Interest
David Solomon is Chairman and Chief Executive Officer and a member of the Board of Directors of The Goldman Sachs Group, Inc. Previously, he was President and Chief Operating Officer of Goldman Sachs. Prior to that, he served as Co-Head of the Investment Banking Division from 2006 to 2016. Before that, Mr. Solomon was Global Head of the Financing Group, which includes all capital markets and derivative products for the firm’s corporate clients. He joined Goldman Sachs as a Partner in 1999.
Subject: John E. Waldron
Subject of Interest
John E. Waldron is President and Chief Operating Officer of The Goldman Sachs Group, Inc. He is a member of the Goldman Sachs Management Committee and Chair of the Firmwide Client and Business Standards Committee and Firmwide Reputational Risk Committee. Previously, Mr. Waldron was Co-Head of the Investment Banking Division (IBD) from 2014 to 2018. Prior to that, he was Global Head of Investment Banking Services (IBS)/Client Coverage for IBD and had oversight of the IBS Leadership Group, a group he founded in 2010. Earlier in his career, he was Global Co-Head of the Financial Sponsors Group from 2007 to 2009, Co-Head of Leveraged Finance from 2005 to 2007 and Co-Head of the Media and Entertainment Group in IBD from 2002 to 2005. Mr. Waldron joined Goldman Sachs in 2000 and was named Managing Director in 2001 and Partner in 2002.
Subject: Stephen M. Scherr
Subject of Interest
Stephen M. Scherr is Chief Financial Officer of Goldman Sachs. He serves on the Management Committee, Firmwide Risk Committee, Firmwide Asset Liability Committee and Firmwide Investment Policy Committee. Scherr joined Goldman Sachs in 1993 as an Associate in the Financial Institutions Group. In 1996, he transferred to Emerging Markets/Capital Markets in the Fixed Income, Currency and Commodities Division. In 1998, Scherr moved to the Communications, Media and Entertainment Group. He served as Chief Operating Officer for the Investment Banking Division from 2005 to 2007 and was Head of the Americas Financing Group before serving as Global Head of the Financing Group from 2008 to 2014.
