$1 Billion Bet In July Of US Downgrade Brings Questions Of Insider Information

I don't look to anyone for financial news in particular. I am familiar with and have read articles with ZeroHedge in the past, and have found them referenced quite a bit. Usually any financial news that I am exposed to outside of reading articles referenced by posters, here and on other sites I frequent, is the financial reporting found on any of the US cable news channels (local & National), hence my reference to main stream. Now, for politics, I search out and read and watch a great deal outside of the main stream.

Originally posted by burntheships
reply to post by NoAngel2u

 

The chart was in the link in the opening post.

If someone wanted to disprove the OP they would have immediatley presented some
proof, some thing besides off topic derailing comments.

A great tactic to distract away from the truth is to attack the messenger.

For those of us seasoned here on ATS we take that like water off a ducks back.

When someone can come along and proivde PROOF that I am wrong, I will glady
listen. Untill then,...I will have fun leading them around by their tail.

Thats not directed at you, as your new and still learning. But for those
"Gold Content" contributers...well they know better than to expect someone to pay attention
when they are just making off topic comments.

The little numbers underneath the name have significance.

www.abovetopsecret.com...

Remember, there is such a thing as Way Above Top Secret.

Ahh yes, you are quite skilled at demeaning and patronizing. Not to mention you lack the humbleness of a person who knows we are all still learning regardless of the tag a freebie website places on your profile.

reply to post by NoAngel2u


Well one thing for sure, you can bet on it.

The mainstream media will be the last place to find the truth.

I must run, but in parting, I will give you a search tool that you might like to add to your
toolbox.

Muckety...

www.muckety.com...

reply to post by NoAngel2u


Nope, not at all.

As I said, that was not directed at you.

How can they say this is insider trading? This was speculated for more than two years now. Unless your head is in the sand or you watch "dancing with the stars" or whatever inane reality tv show is on. If I had big money and I saw congress being retarded, like they were being, I would bet against them as well.

What we should be asking though, is why they allow legalized betting within economies, based on how the economy does? So, who pays this guy his "winnings"?

china ? they could have just been hedging their postion as a the largest holder of US debt, and probably have the means and know who to talk to to find out what is going on


where are woodward and bernstein when you need them ?

Originally posted by xuenchen

Originally posted by xuenchen

(posted on Aug-07-2011 @ 09:56 PM)
and as we speak,

the Asian and Europe markets are way DOWN!

so are the Dow futures !

LOOK for a big Dow-Drop Monday!

some are predicting a 500 to 1000 point massacre !!!!!

yours truely,

Mon 10:30am EST

Dow down -350 !!!!

edit on Aug-08-2011 by xuenchen because:

well,

they were right !

Mon Dow Down -635 !



now interest rates go up soon, and the speculator(s) win !

I think the OP and related articles support the argument of Soros being a H.D. possibility.

Originally posted by xuenchen


well,

they were right !

Mon Dow Down -635 !

now interest rates go up soon, and the speculator(s) win !

I think the OP and related articles support the argument of Soros being a H.D. possibility.

Yes, indeed they were right. And the desperation of the disinfo crowd, lmao.

In the first trading day following S&P’s announcement that the U.S. government credit rating would go from Triple-A down to AA+, U.S. stocks have sharply declined and investors are scrambling to rid themselves of risky assets. With Wall Street in disarray, one investor is smiling after having walked away from the crisis possibly 10 billion dollars richer. ETF Daily News reports that the investor bet on the downgrade, and is now heavily benefiting from it: www.theblaze.com...

I wanna bet a billion dollors on America having another credit rating drop next time round. I think thats safer then putting it on a horse. Who takes these kind of bets any way?

Whoever made this bet against treasuries got their ass handed to them. Treasuries have done nothing but go up in price since this trade was made. Just shows you all shouldn't comment on things you do not understand because these threads have been 100% wrong since day one.

I find it very curious indeed, that outside of the repeated/parroted article by Barnes who wouldn't even post it on his own blog, or business site he's affiliated with, this story has not been reported, except on ZeroHedge. Other than ZeroHedge, the chart that is being used can't even be linked to originating from Bloomberg, even though it clearly states that as source on the bottom. Even Blaze's article again, is a regurgitation. No new info at all.

Would appreciate more detail on your assertion that the investor did not make anything on this transaction.

I still don't see this topic as breaking news and since there seems to be no evidence of insider trading, it is merely guessing and speculation. Perhaps the guessing and speculation is "Breaking News!"

Surely there is a forum more appropriate. lol

maybe it was this guy...

Korean Stock Broker Leaps to Death Amid Market Plunge

A South Korean stock broker jumped to his death from a high-rise office amid worldwide market turmoil.

The 48-year-old broker, identified only as "Seo," sent text messages to colleagues expressing regret over severe losses, just minutes before leaping to his death Wednesday in the city of Daegu, according to Chief investigator Lee Kang-ho.

reply to post by xuenchen


Still wathcing this....

hmmm....

www.zerohedge.com...

125,... The futures market in Treasuries deals in both Price and Yield.
If the trader in question had bought Puts in Treasury Yields he would have made the profit reported.

wallstreetexaminer.com...

Originally posted by burntheships
reply to post by xuenchen

 

Still wathcing this....

hmmm....

www.zerohedge.com...

125,... The futures market in Treasuries deals in both Price and Yield.
If the trader in question had bought Puts in Treasury Yields he would have made the profit reported.

wallstreetexaminer.com...

edit on 10-8-2011 by burntheships because: (no reason given)

and maybe more to come too!

t(he)y still may have the positions, or at least some.

I wasn't sure when they expire ?

reply to post by xuenchen


Not found that info as of yet...

So depending on that, and the other position on treasurys,
they could have already made out.