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Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System

 
Cerberus
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User ID: 1098649
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11/05/2010 04:59 AM
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Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
Mortgage derivatives are the most ultimate tool of systemic suicide becuase they infected every aspect of lending in the mortgage market and as we are now learning enticed lender fraud. This is because from the get go the lender knew that the origin of the loan was predicated on false or somewhat vague inflated info from the borrower. Now everyone had a roll in this crisis because happy married couple was sitting on more money then they could make in 5 years at their job so they accessed their equity and bought a new car, or took that vacation they couldn't take before, or bought some new furniture, tv's, heck why don't you just tap the equity buy a new house, get some tenants to pay rent so you can pay down mortgage, tap that equity, repeat, repeat, repeat up until housing prices stop appreciating and actually start declining cuz its all FAKE PHANTOM BUYERS....hmmmm notice how in 2003 - 2007 all you would hear about is get rich quick in real estate schemes. Its because without ppl to dupe into playing the physical speculation game MBS had no market to expand. Now this is where it gets deep. Investors bought those MBS, some of the investors are Met Life, Prudential, Genworth, HIG and other major life insurers as well as pension funds, and teachers funds, state funds and other public funds, thinking that they could get a guaranteed 8 - 12 % interest a year and was backed by securities AKA the asset ( the house) and there was no chance what so ever that they could actually lose any principal investment....LOL

So now the lender doesn't even own any risk cuz he just sold the risk to some stupid investors and to boot he's getting paid interest at whatever the rate is whether it was a prime or sub-prime borrower and then lender is paying some interest out to the investors. But what does the lender care he just got his total amount back that he lent to the borrower from the investors so he's laughing. Plus we now know that say if you packed 100 mill in MBS together and sold them out, well then that package should have total allotment of 100 mill and not a penny more... lol but do you think the banks played square... no of course not they sold it over allotment and who even knows by how much. 100 Mill security in backing screw lets sell 500 mill worth ppl will never know cuz well just shop the titles around on MERS the Electronic Mortgage Registration System and if shit hits the fan we will just claim that we were doing what every other lender was doing, which is using MERS and no one thought the borrowers would ever default and if we have to foreclose that we would actually need to provide legal affidavit and deed proving the title as well as everything else in order to take legal action....wow so basically what it comes down to is its a flipping mess that was predicated on human emotions and actions such as greed, power, naiveness, lust etc...

Now if you want to trip yourself out go read this if you can even understand it.... which I'm still in the process of...LOL and I know lots about this shit.

link to all the reports:
[link to www.occ.gov]

link to most recent report in pdf:
[link to www.occ.gov]

Right from the horses mouth the Office of the Comptroller of the Currency the primary regulator for the banks.

Total size of the Derivatives market as of 2nd quarter 2010------ $220 Trillion and growing.... (per graph 1 page 11) not shrinking as you think they would be trying to do or as the CFTC said there was a winding down off derivatives taking place in early 2009. Looks to me like it plateaued for a bit then started accelerating again in early 2010.

Table 1 Page 24 says this
NOTIONAL AMOUNT OF DERIVATIVE CONTRACTS
TOP 25 COMMERCIAL BANKS AND TRUST COMPANIES IN DERIVATIVES
JUNE 30, 2010, $ MILLIONS

Rank 1 JP Morgan Total assets $1,568,093. so its in millions add six zeros and you get 1.5 trillion yep that the assets under JP Morgans balance sheet:

[link to www.marketwatch.com]

But the next line is shocking ....
Total Derivatives - $75,253,921 or 75 trillion...haha

Rank 2 BAC 48 Trillion in derivatives, go check for yourself... page 24 table 1
again here is the pdf:

[link to www.occ.gov]

Read the GEAB predictions - very credible source of info and I say this knowing that you can never be to sure about any predictions period.

GEAB N°48 is available! Global systemic crisis - LEAP/E2020’s analysis of 39 countries’ risks 2010-2014: A collective but contrasting dive into the phase of world geopolitical dislocation

- Public announcement GEAB N°48 (October 16, 2010) -

[link to www.leap2020.eu]

GS stock is manipulated mainly to produce massive options gains...no joke. The timing of the SEC charges back in April and the Settlement at the end of summer just happened to conveniently hit the market on the day of option expiry causing massive swings in the stock and astronomical gains in the options. I have proof of all of this and I am building more and more evidence using trading stubs from actual trades I did. The manipulation is getting so brazen so sick, its mind boggling. You have to understand that it could be so deep that Goldman Sachs doesn't even know what is going on and is the victim of the very conspiracy its been labeled as perpetrating. Maybe they had no clue that those charges were coming at all or when is the more key point, but someone, somewhere had bets in place and then also has enough power to have the SEC ready to drop the bomb at exactly the right time. Sounds almost to weird to be true therefore your only conclusions are that it was all "convenient coincidence" or very "brilliant planning executed with master illusionary skills".

Want more proof to how crazy derivatives actually are... read this:
How Porsche hacked the financial system and made a killing
[link to radian.org]
[link to www.answers.com]
Anonymous Coward
User ID: 529006
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11/05/2010 05:05 AM
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Re: Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
bump
susano

User ID: 1145337
United States
11/05/2010 05:27 AM
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Re: Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
OP, from where did you copy this post? We know it's copied because of how the (non) links appear.
Cerberus  (OP)

User ID: 1098649
Canada
11/05/2010 09:58 PM
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Re: Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
OP, from where did you copy this post? We know it's copied because of how the (non) links appear.
 Quoting: susano


Sorry posting so late just got home....
I copied it from one of my old posts.... check SEC investigating J.P. Morgan over CDO.

I had to copy it because I didn't like my Subject Heading and I want ppl to read this info and understand it is from MY MOUTH ONLY. You will not find this info anywhere else.


the links done properly...

[link to blogs.wsj.com]


Want more proof to how crazy derivatives actually are... read this:
How Porsche hacked the financial system and made a killing
[link to radian.org]

Scroll to the very bottom and read all the instances in history where a market was cornered.
[link to www.answers.com]

This is a must read for anyone who wants to understand what is going on and what could be next to happen.
[link to www.leap2020.eu]

Table 1 Page 24 says this
NOTIONAL AMOUNT OF DERIVATIVE CONTRACTS
TOP 25 COMMERCIAL BANKS AND TRUST COMPANIES IN DERIVATIVES
JUNE 30, 2010, $ MILLIONS

Rank 1 JP Morgan Total assets $1,568,093. so its in millions add six zeros and you get 1.5 trillion yep that the assets under JP Morgans balance sheet:

But the next line is shocking ....
Total Derivatives - $75,253,921 or 75 trillion...haha

Rank 2 BAC 48 Trillion in derivatives, go check for yourself... page 24 table 1
again here is the pdf:

[link to www.occ.gov]


Sorry for the repost of the links but I needed to make sure you guys read this info.
Cerberus  (OP)

User ID: 1098649
Canada
11/05/2010 10:01 PM
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Re: Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
I will be back on later tonight with some more info I have compiled since last night... plus everyone will be on their toes till tomorrow seeing as its 6/11/10. Lots of theories about to be tested during the next 2 weeks.... we will see what is what and what is not, as well as who to trust in terms of info and just how reliable Time Wave Zero is.
message in dendera
User ID: 1152491
United States
11/14/2010 04:12 PM
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Re: Insider Knowledge Into Massive Derivatives Scam Taking Place And Threatening Entire Financial System
All adjust to the bar dec 21,2006,





GLP