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Retiring CFTC Judge: We Covered Up Market Manipulation

 
Anonymous Coward
User ID: 1136624
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10/20/2010 06:30 PM
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Retiring CFTC Judge: We Covered Up Market Manipulation
NEW DEVELOPMENTS IN THE CFTC SCANDAL: On September 17, 2010, CFTC Administrative Law Judge, George H Painter, issued a "Notice and Order" announcing his retirement from his position. In this notice Judge Painter wrote of a conspiracy at the highest levels of the CFTC (within the ENFORCEMENT DIVISION) where a long time judge of 20 years has been conspiring with past CFTC Chairs to RIG THE ENFORCEMENT OF THE LAW by NOT finding ANYONE guilty of market manipulation. Here are Judge Painter's own words:

"There are two administrative law judges at the Commodity Futures Trading Commission: myself and the Honorable Bruce Levine. On Judge Levine's first week on the job, nearly twenty years ago, he came into my office and stated that he had promised Wendy Gramm, then Chairwoman of the Commission, that we would never rule in a complainant's favor. A review of his rulings will confirm that he has fulfilled his vow. Judge Levine, in the cynical guise of enforcing the rules, forces pro se complaints to run a hostile procedural gauntlet until they lose hope, and either withdraw their complaint or settle for a pittance, regardless of the merits of the case"

A copy of Judge Painter's letter can be found below with a stamp proving that it was received and filed by the CFTC on October 13, 2010. – RoadtoRoota
[link to www.thedailybell.com]
Anonymous Coward (OP)
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10/20/2010 06:36 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
An admission of a conspiracy from the horses mouth - WOW!
Anonymous Coward
User ID: 809566
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10/20/2010 06:50 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
come on people this is BIG!
Anonymous Coward
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10/20/2010 06:56 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
And the hits just keep on coming !
TanTan
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Canada
10/20/2010 06:57 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
AMERICANS, FOR GOD'S SAKE, WAKE UP - CORRUPTION IS RAMPANT IN YOUR COUNTRY - GET OFF YOUR ASS AND DO SOMETHING - YOU FULLY DESERVE WHAT YOU GET
Anonymous Coward
User ID: 1136654
Ireland
10/20/2010 06:58 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
The judge also attached a December 2000 Wall Street Journal story by Michael Schroeder titled, “If you got a beef with a futures broker, This Judge Isn’t for You—In Eight Years at the CFTC, Levine Has Never Ruled In Favor of an Investor” that details Levine’s penchant for favoring brokers over investors seeking reparations.

An attorney who handles futures litigation says that the notice “will freeze [the seven cases currently in Painter’s docket] for a considerable amount of time.


Anybody know if this means the silver investigation will be stalled bacause of this?
Anonymous Coward
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10/20/2010 06:58 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
(from 2008)
Thread: CFTC and ICE -- "Dark futures" could end life as we know it....A Sum of our Real Estate, OIL, and ENERGY fears.
CFTC and ICE -- "Dark futures" could end life as we know it....A Sum of our Real Estate, OIL, and ENERGY fears.
Anonymous Coward
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Ireland
10/20/2010 06:59 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
link

[link to futuresmag.com]
Anonymous Coward
User ID: 998446
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10/20/2010 06:59 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
AMERICANS, FOR GOD'S SAKE, WAKE UP - CORRUPTION IS RAMPANT IN YOUR COUNTRY - GET OFF YOUR ASS AND DO SOMETHING - YOU FULLY DESERVE WHAT YOU GET
 Quoting: TanTan 1136652

Yes we do. I'm hedged and will not be around to save those not worth saving.
Erica
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10/20/2010 07:00 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
One day late and a dollar short to come forward with this information. We will be hearing more stories like these. For some it appears similar to a last confession to clear ones conscience or maybe they just don't want to burn in hell.
Anonymous Coward
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10/20/2010 07:00 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
come on people this is BIG!
 Quoting: Anonymous Coward 809566


^^ That's what she said!
Anonymous Coward
User ID: 809566
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10/20/2010 07:04 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
come on people this is BIG!


^^ That's what she said!
 Quoting: Anonymous Coward 1075282



I have no complaints .....glad to have someone here with humor as we all need it for now!!!
Anonymous Coward
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10/20/2010 07:06 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
We are corrupt from the POTUS down the librarian.... nothing new here. It will get whitewashed....
Anonymous Coward
User ID: 52542
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10/20/2010 07:08 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
It's not equal opportunity fascism folks.
Anonymous Coward
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10/20/2010 07:09 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
Surprise Surprise!!! NOT!
Anonymous Coward
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10/20/2010 07:32 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
A peak behind the curtain.
Anonymous Coward
User ID: 990655
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10/20/2010 07:34 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
AMERICANS, FOR GOD'S SAKE, WAKE UP - CORRUPTION IS RAMPANT IN YOUR COUNTRY - GET OFF YOUR ASS AND DO SOMETHING - YOU FULLY DESERVE WHAT YOU GET
 Quoting: TanTan 1136652


Im bending over. Shove it in my ass good and hard please.
Anonymous Coward
User ID: 809566
United States
10/20/2010 07:36 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
I have been watching everything from local to higher up.......politics hasn't changed...just the players ...only more corrupt....
the news does not get any better and the joke of it all is that politicians think that we do not have enough brain matter to even think it out.....
if they only knew!
Anonymous Coward
User ID: 1077460
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10/20/2010 07:49 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
AMERICANS, FOR GOD'S SAKE, WAKE UP - CORRUPTION IS RAMPANT IN YOUR COUNTRY - GET OFF YOUR ASS AND DO SOMETHING - YOU FULLY DESERVE WHAT YOU GET


Im bending over. Shove it in my ass good and hard please.
 Quoting: Anonymous Coward 990655


You're funny. Lmao. You mean shove it 'again and again"? We are used to it. Our asses are numb. We don't feel a thing anymore.
Texas Uncensored

User ID: 1136707
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10/20/2010 07:59 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
There is a good use for those FEMA trains and camps after all.
Anonymous Coward
User ID: 1112529
United States
10/20/2010 08:01 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
AMERICANS, FOR GOD'S SAKE, WAKE UP - CORRUPTION IS RAMPANT IN YOUR COUNTRY - GET OFF YOUR ASS AND DO SOMETHING - YOU FULLY DESERVE WHAT YOU GET
 Quoting: TanTan 1136652
Andromeda

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10/20/2010 08:11 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
Most people would not believe how corrupt the white collar world is.

Especially banking & finance.

People think politicians lie and cheat. But really the kind of things they do is typical for white collar executive behavior in this country. Banking & finance are just legalized debt slavery.
Anonymous Coward (OP)
User ID: 1136624
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10/20/2010 08:14 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
[link to www.cnbc.com]
Andromeda

User ID: 1068251
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10/20/2010 08:18 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
"Levine was the subject of a story 10 years ago in the Wall Street Journal, which said that except in a handful of cases in which defunct firms failed to defend themselves, Levine had never ruled in favor of an investor."

[link to www.washingtonpost.com]
Anonymous Coward
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Canada
10/20/2010 08:30 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
Quite the confession by Judge Painter.

Investigation into these allegations will be "Off the table".

Now that Obama changed nothing, the corruption is so in your face, fuck you guys, your country is slipping away...

If they start enforcing all those absurd laws of exec. orders and the Patriot act, etc., things will change, but not in a good way.
eagleman

User ID: 1135843
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10/20/2010 08:33 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
This is huge. Thanks for posting bump bump
Anonymous Coward
User ID: 348319
Canada
10/20/2010 08:38 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
Most people would not believe how corrupt the white collar world is.

Especially banking & finance.

People think politicians lie and cheat. But really the kind of things they do is typical for white collar executive behavior in this country. Banking & finance are just legalized debt slavery.
 Quoting: Andromeda


Well put.

Especially the legalized debt slavery.

International Don't Pay Your Mortgage Month. If everyone does it, it's protest. right?
Anonymous Coward
User ID: 1099754
United States
10/20/2010 08:39 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
It's called collusion. The financa industry owns the Senate, so they do whatever the Fin. industry wants. check it out...

[link to www.ritholtz.com]
Anonymous Coward
User ID: 1136228
United States
10/20/2010 08:39 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
There is a good use for those FEMA trains and camps after all.
 Quoting: Texas Uncensored



Bankster trains? Round 'em up, head 'em on out...move 'em, move 'em!
Anonymous Coward
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Canada
10/20/2010 08:39 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
They need to CLOSE THE ENRON LOOPHOLE.

NOW.
Anonymous Coward
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United States
10/20/2010 08:40 PM
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Re: Retiring CFTC Judge: We Covered Up Market Manipulation
The judge also attached a December 2000 Wall Street Journal story by Michael Schroeder titled, “If you got a beef with a futures broker, This Judge Isn’t for You—In Eight Years at the CFTC, Levine Has Never Ruled In Favor of an Investor” that details Levine’s penchant for favoring brokers over investors seeking reparations.

An attorney who handles futures litigation says that the notice “will freeze [the seven cases currently in Painter’s docket] for a considerable amount of time.


Anybody know if this means the silver investigation will be stalled bacause of this?
 Quoting: Anonymous Coward 1136654

WHAT INVESTIGATION? THIS IS AN ADMISSION OF GUILT!

WHY ARE THESE CRIMINALS NOT YET IN JAIL?





GLP