Manage Your Life

Tuesday, February 9, 2010

TAXPAYERS AND INVESTORS HAVE BEEN SCAMMED

user

Biggest commercial fraud in history, and the history of it being set up. The REG SHO numbers are listed after it:

SEC repeals short uptick rule in summer 2007, knowing that the housing crisis is coming (default increases started in jan 2007), which allows the shorts to pile on to exacerbate the crisis. This was likely done to allow stock prices to be driven to artifical lows, to allow those who counterfeited stocks by shorting them at high price levels to be able to cover them at artifically low fractions of their original prices, thereby committing the biggest commerical fraud in world history (billions or trillions of dollars stolen from society as a whole), and thereby allowing the REG SHO list to be almost emptied out, removing the cause of the public outcry!

Fall 2007: SEC eliminated their rule which had grandfathered the counterfeit short positions in existence prior to the REG SHO rule, meaning counterfeiters now have to cover coutnerfeit positions in existence before the 2005 rule started. SEC doesn't mind forcing them to do this...after all, they are covering at artifically low prices...and this will allow the SEC to say they didn't let te criminals off the hook since they didn't grandfather them!

Spring-Fall 2008: Hedgefunds create false rumors, and sell tons of counterfeit shares, and all conspire and pile on at once due to the removal of the uptick rule, to CREATE a crisis in share price of several investment banks, bringing the panic to the overall market (DOW drops from 12,000 to 7,700) , causing everyday americans to panic and sell their positions at huge losses, and many of those americans were selling TO THE VERY SAME COUNTEFEIT HEDGE FUNDS THAT WERE COVERING THE POSITIONS THAT HAD ROBBED THOSE VERY AMERICANS! The perfect crime. Translation: Eg. Criminals sell counterfeit shares at, say, $100 per share. After the steps taken above, share price falls to $25. The american who was robbed by the counterfeiters who sold short at $100 and drove it down to $25 now panics himself and sells his shares at $25, and the person buying it from him is the very hedge fund who illegally sold it at $100, now buying and at the raped price of only $25 per share!

July 24, 2008:

145 companies on NYSE list

http://www.nyse.com/regulation/memberorg...

October 24, 2008:

Only 12 on list?!?!?!

http://www.nyse.com/regulation/memberorg...

Nasdaq:

July 24:

http://www.nasdaqtrader.com/dynamic/symd...

348 companies being counterfeitd:

October 24:

http://www.nasdaqtrader.com/dynamic/symd...

Reduced to ONLY 83

How did this happen? How could covering occur without prices going way up? Because covering occurred at artifically low levels....due to the SEC allowing the removal of the uptick rule, so shorts could pile on. Biggest commerical fraud in world history.
Syndication:

From the Community…

Be the first to comment on this post.

leave your comment

You must sign in to post a comment

Sign In for personalized information

New User? Sign Up

manage your life byte

It shouldn’t cost more to live healthier.  Get the healthy items you need at Walmart, for less.