Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
SCMP | 21.02.02
“When we get tagged as establishment, you can’t be more inaccurate than that,” he said. “It’s almost funny if it weren’t for the fact that I now have all these people trying to troll me.” What Block agrees with is the growing sense that financial markets are overvalued and predominantly small investors will be hurt when the bubble finally bursts. He faults the Federal Reserve for pumping in too much liquidity, allowing for too much credit extension and too much leverage.
Continue reading “Hedge Funds are Getting Crushed by the Worst Short Squeeze in a Quarter Century”
Naked Short Selling: The Truth Is Much Worse Than You Have Been Told
By James Stafford – Feb 02, 2021, 3:20 PM CST, OilPrice.com
There is a massive threat to our capital markets, the free market in general, and fair dealings overall. And no, it’s not China. It’s a homegrown threat that everyone has been afraid to talk about.
Until now. That fear has now turned into rage.
The naked truth is this: Investors stand no chance in the face of naked short sellers. It’s a game rigged in the favor of a sophisticated short cartel and Wall Street giants.
Continue reading “Naked Short Selling: The Truth Is Much Worse Than You Have Been Told”
But the value of a company can’t be reduced to its expected future earnings. One must also consider a wide range of other factors. Among them: How much nostalgia does the firm inspire in users of the Reddit forum r/wallstreetbets? And would a rally in GameStop shares be funny? Which is to say, has the firm crossed the “so bad it’s good” threshold, as inadvertent comedic masterpieces like The Room or Troll 2 had done before it?
America’s top hedge funds failed to ask these questions. Fortunately, the collective wisdom of rational market participants ensured that they were eventually incorporated into GME’s stock price. And, as of 3 p.m. Wednesday afternoon, a share in the GameStop corporation attained its true, objective value of $321.14.
Continue reading “How Redditors Beat Hedge Funds at Their Own Game(Stop)”
Erik Schatzker | 21.02.01
Carson Block, the activist short-seller famous for targeting Chinese frauds, recognizes familiar behavior in the rally of shares such as GameStop Corp. To him, the parabolic moves look less like the product of Reddit-driven retail orders than a short squeeze by hedge funds targeting other hedge funds.
Continue reading “Carson Block Suspects Hedge Fund Coordination in Short Squeezes”
What’s The Endgame For GameStop?
Taylor Tepper, 27 January 2021
There’s something very weird happening in shares of GameStop (GME).
A market frenzy has pushed the shares of the Grapevine, Texas-based video game retailer up more than 3,000% in just a few months—far, far outsripping the market as a whole. A once-dormant brick-and-mortar retailer with sagging sales, GameStop was worth $300 million in August 2019. Today it has a market cap of almost $20 billion.
Nobody knows what it’ll be worth tomorrow.
GameStop has not invented an addictive new gaming platform. GameStop has not rolled out an awe-inspiring online gaming delivery service. GameStop is a store at the mall. That doesn’t bode well for revenue, given that state governments have imposed rolling lockdowns and stay-at-home orders to limit the spread of Covid-19. And yet here we are. Continue reading “Article: What’s The Endgame For GameStop?”
As delivered to POTUS, Patrick Byrne, Mike Flynn, & Sidney Powell. The Chief of Staff was not able to block this one.
FULL COLOR CARTOONS INCLUDED. Letter size for maximum effect. A collector’s item.
Wall Street has stolen over $100 trillion dollars from Main Street over the past fifteen years. They have also laundered over $100 trillion in dirty money from trafficking in children, drugs, and other contraband.
This means that there is $200 trillion in illicit wealth all of which is confiscatable by the President via civil and criminal forfeiture, without trial.
#MAGA is assured. This memorandum is worth $100 trillion to We the People. Share it broadly, please.
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Pedophilia & Empire Book 4 (North America) In Print Linked Table of Contents
Goldman Sachs Charged in Foreign Bribery Case and Agrees to Pay Over $2.9 Billion
Justice News, 22 October 2020
The Goldman Sachs Group Inc. (Goldman Sachs or the Company), a global financial institution headquartered in New York, New York, and Goldman Sachs (Malaysia) Sdn. Bhd. (GS Malaysia), its Malaysian subsidiary, have admitted to conspiring to violate the Foreign Corrupt Practices Act (FCPA) in connection with a scheme to pay over $1 billion in bribes to Malaysian and Abu Dhabi officials to obtain lucrative business for Goldman Sachs, including its role in underwriting approximately $6.5 billion in three bond deals for 1Malaysia Development Bhd. (1MDB), for which the bank earned hundreds of millions in fees. Goldman Sachs will pay more than $2.9 billion as part of a coordinated resolution with criminal and civil authorities in the United States, the United Kingdom, Singapore, and elsewhere.
Goldman Sachs entered into a deferred prosecution agreement with the department in connection with a criminal information filed today in the Eastern District of New York charging the Company with conspiracy to violate the anti-bribery provisions of the FCPA. GS Malaysia pleaded guilty in the U.S. District Court for the Eastern District of New York to a one-count criminal information charging it with conspiracy to violate the anti-bribery provisions of the FCPA.
Previously, Tim Leissner, the former Southeast Asia Chairman and participating managing director of Goldman Sachs, pleaded guilty to conspiring to launder money and to violate the FCPA. Ng Chong Hwa, also known as “Roger Ng,” former managing director of Goldman and head of investment banking for GS Malaysia, has been charged with conspiring to launder money and to violate the FCPA. Ng was extradited from Malaysia to face these charges and is scheduled to stand trial in March 2021. The cases are assigned to U.S. District Judge Margo K. Brodie of the Eastern District of New York.
In addition to these criminal charges, the department has recovered, or assisted in the recovery of, in excess of $1 billion in assets for Malaysia associated with and traceable to the 1MDB money laundering and bribery scheme.
“Goldman Sachs today accepted responsibility for its role in a conspiracy to bribe high-ranking foreign officials to obtain lucrative underwriting and other business relating to 1MDB,” said Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division. “Today’s resolution, which requires Goldman Sachs to admit wrongdoing and pay nearly three billion dollars in penalties, fines, and disgorgement, holds the bank accountable for this criminal scheme and demonstrates the department’s continuing commitment to combatting corruption and protecting the U.S. financial system.”
“Over a period of five years, Goldman Sachs participated in a sweeping international corruption scheme, conspiring to avail itself of more than $1.6 billion in bribes to multiple high-level government officials across several countries so that the company could reap hundreds of millions of dollars in fees, all to the detriment of the people of Malaysia and the reputation of American financial institutions operating abroad,” said Acting U.S. Attorney Seth D. DuCharme of the Eastern District of New York. “Today’s resolution, which includes a criminal guilty plea by Goldman Sachs’ subsidiary in Malaysia, demonstrates that the department will hold accountable any institution that violates U.S. law anywhere in the world by unfairly tilting the scales through corrupt practices.”
Re-Published with Permission. Visit Ben at https://grrrgraphics.com/.
BitChute Copy Below the Fold
Kraig Higginson is the Executive Chairman of the Board at Sundance Strategies, Inc. Higginson served as Chief Executive Officer of VIA Motors, Inc., until January 2014. From October 2003 until November 2010, he served as Chairman of the Board of Directors of Raser Technologies. Higginson also founded American Telemedia Network, Inc., a publicly-traded NASDAQ company. In 2019, Raser Technologies filed a lawsuit against Morgan Stanley and claimed the defendants “devised and perpetrated a naked short selling stock manipulation scheme that targeted and intentionally destroyed a Utah company, Raser Technologies.” This action resulted in Raser filing for bankruptcy. Plaintiffs also subsequently sued Merrill, Goldman, and several related entities, for violations of the Utah Pattern of Unlawful Activity Act.
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
