Bombshell '60 Minutes' Report - Stock Market Rigged - May Shake Wall Street To It's Core!

Stop trading! Now, before 2014 turns into 1929

Commentary: 12 warnings that show how stock-market volatility could cost you [link to www.marketwatch.com]


april 20 will be the star get your money out

GE is NBC

This low volume market is being totally supported by nothing more than a monetary POMO Penis Pump attached to masturbating algorithms...

Volker rules go into effect on April first. The truth is coming out. Prepare to be floored.

Everyone goes to Vegas.

Is bankers gonna die?

Nicely said.

You made me cry a little again though.

Duh because they are bought and paid for and the bankers pull the strings.

If you are really going to close your IRA, I'd tranfer it via 1035 exchange to an Insurance types investment with guarantees for future income... Like a Fixed Indexed Annuity with an "Income Rider". Your money is never at risk in the market, but this product uses the market as a barometer of what your account will earn every year.
so lets say that the market goes up 105 in a year, you would only get maybe say 6% of that return; but if the market goes south, you don't lose a dime... Then, the income rider, a second account attached to your investment, will go up at a rate of 7% every year until you decide to trigger your income rider. At this point the account that has been increasing by 7% annually will be paid out at a percentage that is tied to your age at the time that you trigger the income rider.. So at age 55 that percentage could be 5%, but at age 60 its 6%, age 65 would be 6.5% and so on.

$36 Billion dollars were invested into these types of products last year and the SEC and FINRA are desparately trying to make these products be securities products instead of insurance products due top the amount of money that is leaving the stock market and finding its way into Fixed Indexed Annuities.

Good Luck!

saw that.

and how he was friends with people at bear stearns.
he knew that shit was gunna crash. fucken pimped it

Derivatives.

DAMN right this happens.

My life long younger friend wrote the original program for this sort of thing when he graduated MIT in 1976.

His name was Erland van Lidth de Juede and you can search him, though nothing really juicy shows up. 'cept maybe the acting he did.

He went to work for Citi bank right out of school.....for a record amount of money for any graduating MIT student up to that point! We talked a lot and he felt very bad and hated what he was doing for them. Money at that point in his life was not so important.....but he had signed a two year contract to work.

He wanted to show the world what was going on with what they were having him do. disclosure stuff type agreements kept him from saying anything directly. So he went to his good friend Richard Pryor. They acted together in the movie Stir Crazy and when Mr Pryor went on to do the Superman movie where he plays a banking account. It was Erland's idea about the character reprograming the master computer to give him all the fractional monies in his own personal account. Which as it shows in the movie allows the charter to buy a Italian sports car the next day. Simple but it did catch the eye of many who had do idea this kind of thing was even going on.

Erland wound up quitting after 2 years and he told me somehow they tried to "trade" him off to JPM for some inside deal. An honest Dutchman he said FO

He died not too long after that mess of a strange virus he contracted in hospital. He was healthy as an ox....and if you check it out...damn near as big!!

IMHO I think he was killed......that is just me

Last Edited by The Old Timer on 03/31/2014 10:14 AM

The SEC was located in building seven. Look at the manifest of occupants. THEY were in on it from the beginning. Building seven had masses of fiber-optics running from towers one and two into it.
This was all one big insider trading scam from the beginning. Building seven HAD TO BE DESTROYED because it was evidence.

The Saudis figured out the scam and vacated towers one and two some years earlier. And NOW the proof for the reason that the terrorist were mostly Saudis is evident. The second proof is when the Secretary of Defence stated that THEY had lost 2.3 billion dollars, he wasn't talking about the Pentagog...oooops...Pentagram... uh sorry, Pentagon. He was talking about the sovereign fund wealth that everyone in on the government scam was making yearly, through insider trading.

OF COURSE THIS IS JUST CT! Have a nice day!

goldman sachs investing in it.... hmmm
didn't they back obama too

where can we hide from the spiritual vampires

Isn't insider trading really just when someone outside trades using the rules the insiders have reserved for themselves?

I read Liar ' s Poker by Michael Lewis in 2003 or so. His crew totally invented mortgage backed securities which were rated like commodities which eventually led to the housing bubble.

He basically predicted this eventual scenerio.

I bet this new book is similarly prophetic. His is a good read and he does have an insider grasp. I am surprised more people do not heed his warnings. Financial DOOM is near the Canary is chirping.

This and short sales, the biggest scam going in the market, by far.

When I say that the mafia controls the short sale market, I am not kidding. They work for even bigger, boys, though.

Here's what they do;

They target a publically-traded company that has numbers on the market to make them a huge gain. They sell short these stocks in droves...sometimes in blocks bigger than the number of shares than actually exist for that company.

Completely illegal, particularly as they never follow the share delivery protocol, but the whole market is in on this scam. No one busts anyone, ever, for this.

Then they ring up their boys in the financial media and have them whip up a few truly negative stories about that companies sure-to-be-falling future earnings.

The average investor runs to the market, dumps all their shares at ever-plummeting prices and tanks the stock overnight.

The mafia guys sold at the market high. They then buy back (sometimes) the greatly devalued actual stocks at bargain basement prices, because they sold something they didn't actually own and are supposed to cover that bet with actual shares.

Just look up what they did to Overstock.com. That guy went ape shit on them and almost, but not quite, blew the lid off this market scam. He couldn't get the MSM to cover it in depth, though. I wonder why.

So, whenever you see a particular company of decent size suddenly getting pummeled in the media, you can bet it is a rigged job.

And then count the shares being sold on that company.

It doesn't add up.

Or swimming with the fishes.

He's written before though. Forgot the title of the one on my shelf, lol. Maybe this one will be the straw breaking the camel's back? Nahhhh.

Thanks for reminding me of this guy, I recall his singing scene in a Richard Pryor movie. Didn't realize he was a brainiac, but googled and found he was also an Olympian, which is the stated reason he left Citi. Nothing is mentioned about his project there, but is noted that he was super smart.

The stock market is not just 'rigged' It is PROFOUNDLY rigged.

And not good reasons either!

It's being done for political reasons based on which companies make the biggest kickbacks to the crooked ass politicians and government officials who refuse to enforce basic laws against shit like...

Theft

Counterfeiting

Fraud

Bribery

Extortion

Among many more serious crimes.

In the so called crisis of 2007-2008, what really happened is that the crooks in Washington and Wall Street...

BAILED EACH OTHER OUT!

Yeah, my hubs is an auditor and derivative specialist. He's been asked to go into this now...climate trading/hedging. Nerd alert, lol.

Great post!

This is in line with Bretton Woods creation of the World Bank / IMF and their current desire to create something other than the US Dollar as the World Reserve Currency. There's only 2 ways to come to this, collapse the current global economic system or war (which would collapse the current global economic model). The BRICS countries HAVE to be pulled in for this to work.

This 60 Minutes piece is good because it's doing two things. 1. It's showing how the Stock Market is rigged. 2. It's promoting fear. This is a good thing for those that want the current economic system to fail. You see, the 60 Minutes piece gets it out into the public consciousness that the system isn't honest and this will lead to even more distrust. This distrust by most people will, hopefully (in their minds / goals), add to distrust over the entire system so they can collapse it and the people will be FOR it because of the massive distrust in the current system.

So when they usher in a new global currency the people will have been trained to have so much distrust for what we have today, they will welcome it.

been going on and building since 1999/ Clinton. connected to high frequency trading and supplementing failing petrodollar

Yup.
And since 60 minutes in on regular access TV, on Sunday night - as the chic from Seinfeld said...watching it put closure on her weekend, lol.
Mainstream for enough people to catch.

Libertarians. They argue that insider trading is fine and should not be regulated.

60 minutes truly sucks, it's the worst sock puppet msm journalism ever.

And I guarantee that the corrupt US GOV is behind it.....It is like a fucking broke,desperate animal doing everything illegal in its power to stay alive.......