Posts Tagged ‘trading’

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Could this spark WW3? America regularly attacks countries that challenge dollar hegemony. It may be the prime cause of most modern wars…

China plans to break petrodollar stranglehold

It was expected to be rolled out by the end of this year, but that looks unlikely to happen. But when it does get off the ground in 2018, the fundamentals will be clear — this triple oil-yuan-gold route will bypass the mighty green back.

 

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With Kevin Ryan’s new book, probably the most accurate, informative and crucial work on the September 11th attacks to date, some other articles of Kevin’s are receiving more attention.

Here is what what is known about the massive insider trading that occurred related to firms and airlines involved (destroyed) in the WTC attack:

Evidence of Informed Trading on the Attacks of September 11

 

In the early days just after 9/11, financial regulators around the world gave testimony to unprecedented evidence for informed trading related to the terrorist attacks of that day.  One central bank president (Welteke) said there was irrefutable proof of such trading.  This evidence led US regulators to vow, in Congressional testimony, to bring those responsible to justice.  Those vows were not fulfilled, as the people in charge of the investigations let the suspects off the hook by conducting weak inquiries and concluding that informed trading could not have occurred if it was not done directly by Osama bin Laden or al Qaeda.

The “exhaustive investigations” conducted by the FBI, on which the 9/11 Commission report was based, were clearly bogus.  The FBI did not interview the suspects and did not appear to compare notes with the 9/11 Commission to help make a determination if any of the people being investigated might have had ties to al Qaeda.  The Commission’s memorandum summary suggests that the FBI simply made decisions on its own regarding the possible connections of the suspects and the alleged terrorist organizations.  Those unilateral decisions were not appropriate, as at least three of the suspected informed trades (those of Walker, the Viisage trader, and Wellington Management) involved reasonably suspicious links to Osama bin Laden or his family.  Another suspect (Elgindy) was a soon-to-be convicted criminal who had direct links to FBI employees who were later arrested for securities-related crimes.

 

It amazes me that all this information has been published openly for 13 years now, and the cover-up of same has been glaring with Bush and Cheney on the record telling the senate not to investigate the September 11th attacks.   And yet Americans just don’t get it.  They don’t want to get it.  They get lost in the bogus theories and disinformation and like morons paint everyone with the same ignorant brush.  Half the country shouts nonsense against, and half for — with very few people pursuing the real leads.

Like Kevin Ryan, my pick for the most credible, knowledgeable person concerning the 9/11 cover up.  Thanks, Kevin.  Maybe we’ll have justice some day.

 

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No spoilers.

Amazing, nothing short of amazing.  Dicaprio’s tour de force performance helps lay bare the moral depravity of Wall Street better than Michael Moore could dream of doing.

Wolf of Wall Street is a black comedy about an anti-hero who represents the ultimate ugly American.  He’s the cornerstone of an ugly empire, in this case a Wall Street trading firm that does what Wall Street trading firms do: take money from suckers and put it into their own pockets.

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As an up and comer, a nobody, not born to the manor, Dicaprio’s guy might just be fair game, a sacrificial lamb to draw attention away from the rest.  In its totality, Wolf is a smart, meaningful, sexy, groundbreaking piece of American cinema that lays bare the obscenity of Wall Street rape and pillage.  Scorsese tops Wall Street films that have come before and goes balls out, full bore.

I’m really glad we made it to the opening day of Wolf.  Some scenes had me laughing my ass off — and not everyone at the packed house got it.  Some stunned faces, some grumbling.   Great movie.

Continued:

Wolf: Scorsese’s Best Film?

 

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Short answer: go rent it. Now out on DVD.

Medium answer: Fantastic. Capitalist psychopathy from a cinematic perspective.

What to say? David Cronenberg always subverts audience expectations. What can one expect from Robert Pattinson, looking pensive in a stretch limo (if they haven’t already read DeLillo’s novel)? The pre-release buzz was erratic and confused. Perhaps the film itself is such.

I found it pretty dead on, a hyper-realized snapshot of our age.

Long answer: is in the film. No spoilers.

On a tangent, Cosmopolis is another Alexa digital film that fooled me into thinking it was shot on real film. Cronenberg choosing digital? That’s three now from Arri, something Red hasn’t managed to do yet.