Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
Cramer on rampant market speculation: ‘I’ve never seen so many games played with stocks’
Jesse Pound, 09 June 2020
CNBC’s Jim Cramer cautioned investors on Tuesday to avoid the risky stocks favored by day traders these days amid rampant speculation in the market.
“I’ve never seen so many games played with stocks, which is that, ‘hey, we’re taking this one up today. We’re taking that one up today,’” Cramer said on “Squawk on the Street.”
A whistleblower just took home $50 million — the biggest award the SEC has ever paid
Jordan Valinsky
CNN, 5 June 2020
The US Securities and Exchange Commission has paid out its largest-ever whistleblower award — nearly $50 million.
The whistleblower tipped off the agency to a currency manipulation scheme at a massive bank, resulting in a “successful enforcement action,” the SEC said Thursday.
The Wall Street Journal, which conducted an investigation about the scheme, reported the whistleblower is a trader from Bank of New York Mellon (BKPRC) who alerted the SEC about the bank’s reported pattern of “overcharging big clients on currency trades.”
Prosecutors search Wirecard premises in market manipulation probe
Thomas Escritt, 05 June 2020
BERLIN, June 5 (Reuters) – Prosecutors in Munich said they had searched the premises of financial services company Wirecard and opened proceedings against its management board as part of a market manipulation probe by BaFin, Germany’s financial regulator.
In a statement on Friday, prosecutors said the company was suspected of having issued misleading information which may have impacted Wirecard’s share price between March 12 and April 22.
Wirecard confirmed in a statement that its premises had been searched as part of an investiugation targeting its management board. It said it was cooperating fully with the investigation.
As The Country Burns, Citadel’s Founder Spends $100 Million On A Painting
ZeroHedge, 4 June 2020
While the country burns and millions of Americans scramble to figure out how they’re going to survive once supplemental unemployment benefits expire, Citadel founder Ken Griffin has just dropped a $100 million nut – nearly half the amount he dropped on a Central Park penthouse, and roughly equivalent to the cost of his wintertime Palm Beach Mansion – on a contemporary painting by American artist Jean Michel Basquiat, who died of a drug overdose in 1988.
Continue reading “#UNRIG Video (29:32) Lucy Komisar on Wall Street Offshore Money Laundering”
What To Know About Short-Seller Risks During Pandemic
Avi Weitzman, Barry Goldsmith and Jonathan Seibald
Law360, 3 June 2020
As the world struggles to cope with the COVID-19 pandemic, and volatile markets are rattled by the latest virus and economic news, publicly traded companies are increasingly susceptible to fraudulent short-seller attacks. While legitimate short selling plays an important and well-recognized role in the public markets, there are a few who have abused and misused short selling to manipulate the price of public company stock.
Text for Cartoon Below the Fold Along with Links.
Goldman Sachs starts shorting the dollar as economic reopenings boost foreign currencies
Ben Winck, 01 June 2020
Economic reopenings outside the US are lifting foreign currencies and creating a strong opportunity for some bets against the dollar, Goldman Sachs strategists said in a Sunday note.
Cash assets served as an initial safe haven for investors as the coronavirus spread throughout the US in March and fueled new recession fears. With economic reopenings taking effect around the world and new stimulus measures further lifting sentiments, the firm highlighted the Norwegian krone as best suited for a bet against the dollar.
“We have maintained for some time that it was too early to look for outright and sustained dollar downside given the balance of cyclical risks,” the team led by Zach Pandl wrote. Yet “the steady reopening process, limited evidence of a pickup in COVID infection rates” and new relief policy like the EU Recovery Fund make Norway appear “well-positioned to outperform through the coronavirus shock,” they added.
9 FINANCIAL GURUS WHO’VE GIVEN TERRIBLE ADVICE
Accounting Degree, 01 June 2020
Many Americans turn to financial gurus for personal finance advice. Twenty-four-hour news stations, online media, and a wealth of financial books have made it easy to tune into your financial wizard of choice. And while there’s a lot of good advice being shared by financial gurus, even the best are bound to slip up at some point. Here, we’ll take a look at financial gurus, some good and some bad, that have at one point given terrible advice to their fans and clients.
Continue reading “Article: 9 FINANCIAL GURUS WHO’VE GIVEN TERRIBLE ADVICE”
at the volume in this name over the last 5 months very little then the good news
Arca Biopharma Nearly Quintuples On Plans To Test A Coronavirus Drug
| May 29, 2020 | 13.90 | 14.97 | 12.25 | 13.20 | 13.20 | 3,504,613 |
| May 28, 2020 | 8.82 | 22.00 | 7.42 | 19.21 | 19.21 | 83,480,200 |
| May 27, 2020 | 3.87 | 3.97 | 3.67 | 3.95 | 3.95 | 5,000 |
stock goes from $4 to $22 on 80 plus million shares WHO sold all the stock and why isn’t the SEC and FINRA following the sell tickets?
THEY CREATED a massive short squeeze in 1 day selling COUNTERFEIT stock
NOTE: All assets purchased with illicit wealth are confiscatable without trial. This includes all the mansions on the Connecticut waterfront, all the real estate all over the world, the yachts, the aircraft, the stocks of gold and silver and jewels, and more.
Re-Published with Permission. Visit Ben at https://grrrgraphics.com/.
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
