Insider trading crackdown nabs 40 and counting

reply to post by g146541


You callin' me a sheep??? I take exception to that. Of course it's not going to stop all of it. And okay, I get it, you guys think this is either just more "spin-doctoring" and that the real culprits are causing it...

or that it's some sort of show...

but I am still free to feel some kind of vindication and that SOME justice is being done.

Originally posted by boondock-saint
It should be a law that if you are
a congressman then you are not
allowed to own publicly traded
stock. Nor receive dividends of
being in their employ.
good luck getting that law passed

Australian pollies have to declare all their interests, including family, in stocks..
They are also NOT immune from insider trading..

What you say is going too far..
Everyone owns stocks here through their superannuation at least...

Originally posted by wildtimes
reply to post by g146541

 

You callin' me a sheep??? I take exception to that. Of course it's not going to stop all of it. And okay, I get it, you guys think this is either just more "spin-doctoring" and that the real culprits are causing it...
or that it's some sort of show...
but I am still free to feel some kind of vindication and that SOME justice is being done.

We'd need to know WHO they caught before deciding if it's spin, but my money would be on them only catching the bottom feeders for show..

reply to post by wildtimes


If you believe this is the end of insider trading and they got them all then YES, I would say you were.
You don't truly believe that the big fish were actually caught do you?
If not, then the comment was not aimed at you and I wonder why you call to question.
There are much bigger fish to fry than a guy who made 27 cents each on his pile of campbells soup stocks.
That kind of person would be the equivalent of a low level street dealer, we need the importer.
But there are so many bigger fish to fry.

Originally posted by backinblack

Originally posted by boondock-saint
I will believe this is a true crackdown
only after Soros is indicted.
Until then, it's political theater

There's many more big fish than Soros Boon...

Correct, but indicting Soros will let me know
that the crackdown is on the right track and
not a farce for the masses.

And if you try to indict the Rothschilds,
there will be nuclear war. u can count
on them not going quietly.

However, they will throw some scapegoats
out there for indictments with low to mid-level
access just to save their own @r$e$.

All of this is just my opinion of course

Dow Jones is falling like leaves
in the fall.

down 182 at the moment.
I would NOT be surprised if trading
is halted for an hr to stop
the drop.

reply to post by boondock-saint


Yeah, Today we just fell under 12K, next stop sub 10K and we can start the party.
Been wondering after the last rally when it would drop.
They may just stop for the weekend.

Originally posted by g146541
reply to post by boondock-saint

 

Yeah, Today we just fell under 12K, next stop sub 10K and we can start the party.

Been wondering after the last rally when it would drop.
They may just stop for the weekend.

10K can still recover in a rally.

If it goes under 6K,
you can expect a total crash
is underway.

Yep nab them up. 6 months hard time and 150,000 fine. That'll teach them not to steal 3 million. /sarcasm

Originally posted by Chewingonmushrooms
Yep nab them up. 6 months hard time and 150,000 fine.
That'll teach them not to steal 3 million. /sarcasm

IMO, after serving their sentences they need to be
either

1) Charged with sedition and treason due to
manipulating currencies via insider trading
can cause a whole nation to fail and thusly
an enemy of the state.

2) Deported without possible re-entry.
They become a danger to society as
a whole.

Originally posted by boondock-saint

Originally posted by Chewingonmushrooms
Yep nab them up. 6 months hard time and 150,000 fine.
That'll teach them not to steal 3 million. /sarcasm

IMO, after serving their sentences they need to be
either

1) Charged with sedition and treason due to
manipulating currencies via insider trading
can cause a whole nation to fail and thusly
an enemy of the state.

2) Deported without possible re-entry.
They become a danger to society as
a whole.

I would jizz my pants if that happened, sorry for the vulgarity but that is the closest sentiment possible for me to describe the utter joy I would experience

reply to post by backinblack


Yes there are but Soros backs Democrats so he's a right-wing target.

Originally posted by damwel
reply to post by backinblack

 

Yes there are but Soros backs Democrats so he's a right-wing target.

which means basically he is untouchable
until a Repub is elected to the Oval Office.
Obama is protecting the hands that feed him.
Which also shows this crackdown to be
biased based on party lines.

What about the insider trading that took place on 9/11?!?

2nd

Originally posted by tooo many pills
What about the insider trading that took place on 9/11?!?

9/11 covered up insider trading from
both sides of the aisle. So you would
need a revolution to oust BOTH
parties before you will get indictments
for 9/11.

Think WorldCom and Enron
and fleecing of the US Military Budget
$3Trillion missing from the Pentagon
Accounting Office.

heh, yeah, that would be great. deport them to an island with no amenities and no resources except their bodies, and one suit complete with tie and cufflinks. or pantyhose and stilletto heels. No flip-flops, no swim suits, no towels or sheets, no tools, no foodstuffs, no water, no weapons, as in NADA. nothing.

drop them all off together, with no hope of getting OFF of that island. And make sure it's filled with poison ivy, pit vipers, and quicksand, bothersome insects, leeches, pirrhanas...and then once they are disposed of, NEVER go check on them again. EVER. And when you get back, take their money (what's left of it), and pay back the taxpayers.

That would be awesome. Or, if that's too expensive to manage, throw them in a FEMA camp. with no staff or provisions, no medicines, nothing.

As to who these people they've caught are, from what I've read they're not just "small fish". They're not the Rothschilds, or Soros, but as I said in the OP, if they do it RIGHT, they can get to the bottom feeders with intelligence offered up by the ones they DO call out...
it may be only the papery outer layer of a very stinky onion, but you have to start peeling away at it to get to the core of the matter.

So, fine, if you want to chortle that it's a propaganda sham, a justice schmooze, fine. I'm watching the market tank, too, and I'm NOT willing to sit around laughing or zoning out (I've never seen Idol)....we have enormous problems in the real world's functioning.

Why is it so hard for the jaded and fatalistic "yeah-right"ers to believe there ARE people who are TRYING, with what info they have and access to whomever, TO BRING THE CORRUPTION TO A STOP??
What are YOU doing about it?

basically
insider trading is a financial attack
on the sovereignty of a nation through
it's monetary system.

No different than bombs or bullets.

It is an attack. And the ones doing it
are the enemy of the nation as a whole.
What does that say
about those sitting in congress
who do it legally every day ???

What was that line about:
Foreign AND DOMESTIC ???

boon, can you reference where it is written that Congress members are immune? I don't think I'm understanding your point well -- is it literally, legally okay for them to do these things? Or are you saying that it might as well be, because they in fact do get away with stuff that others don't?

I agree, it's treason. So, how do we peons do anything about it? Seriously?

reply to post by wildtimes


This all window dressing. During the S&L scandals thousands were convicted, including high up people. This crisis and fraud was exponentially worse, but no real indictments handed down, much less convictions. Why? Because they are in seats of real power. Meanwhile, steal a loaf of bread and the full weight and force of the government will come down on you like tons of depleted uranium.

Meh, half these guys will give $2500 bucks to P-BO's re-election campaign, a sizable donation to the DNC and appropriate funds to other people seeking re-election and all will be forgiven (a pardon). Business as usual...