Monty Python - The Dull Life of a City Stockbroker

Comments

[john]

STOP THE PRESSES!

http://stopforeclosurefraud.com/2011/02/14/read-chief-inspector-neil-barofsky-of-tarp-resignation-letter/

[john]

Goldman’s Tourre Shouldn’t Face SEC Lawsuit, His Lawyers Say
February 15, 2011, 6:35 AM EST

http://www.businessweek.com/news/2011-02-15/goldman-s-tourre-shouldn-t-face-sec-lawsuit-his-lawyers-say.html

[snip]

The SEC initially sued the London-based trader in April and accused him of defrauding investors by not disclosing that hedge fund Paulson & Co. helped pick the underlying securities for the CDO and planned to bet against them.

After reaching a $550 million settlement with Goldman Sachs in July, the SEC filed a new claim against Tourre in November alleging that he gave the company “substantial assistance” as it misled investors in a product linked to subprime mortgages.

[john]

J.P. Morgan Unveils Mortgage Programs For Military Customers
.
http://online.wsj.com/article/BT-CO-20110215-707694.html

[snip]

Last week a J.P. Morgan Chase executive, at a U.S. House hearing, apologized for wrongly foreclosing on military families and overcharging thousands for mortgages, as lawmakers weigh whether new legislation is needed to help prevent military personnel from losing their homes and getting hit with high interest rates.

J.P. Morgan Chase initially found it overcharged at least 4,000 military personnel in active service and took the homes of 14. However, Chase's testimony Wednesday shows the firm now has found more problems--it said it overcharged 4,500 active-duty military members and wrongly foreclosed on 18.

and

Hedge funds raise bets on Citigroup, financials

http://www.reuters.com/article/2011/02/14/us-hedgefunds-citi-idUSTRE71D7FX20110214

[snip]

Tepper, who made billions over the past year betting that the U.S. government would make good on its promises to support major financial institutions, more than doubled his stake in Citigroup according to the fund's fourth-quarter filing with the U.S. Securities and Exchange Commission on Monday.

[john]

Bernanke Would Defend Lehman Actions to His `Deathbed'

http://www.bloomberg.com/news/2011-02-15/bernanke-defends-lehman-action-to-deathbed-in-sesssion-with-crisis-panel.html

Also:

US Hill: Geithner To Testify On Budget, Bernanke on Dodd-Frank

http://imarketnews.com/node/26444

[john]

Bernanke blames the bloggers!

http://www.zerohedge.com/article/declassified-testimony-bernanke-blames-blogosphere-itemizing-disastrous-consequences-his-act

[john]

Talking Business
From Pentagon, a Buy Rating on Contractors

http://www.nytimes.com/2011/02/12/business/12nocera.html?_r=1

[snip]

If you’re wondering what high-ranking Pentagon officials were doing at an investment conference, well, suffice to say that this was not a question on the minds of the people in this room. They’ve gotten used to it. For the last few months, beginning with a secret meeting last October, Defense Department officials have been making the rounds of analysts and investors.

Their main message, to put it bluntly, is that even in an era of tighter budgets, the Pentagon is going to make sure the military industry remains profitable. “Taxpayers and shareholders are aligned,” Mr. Carter intoned on Wednesday. Then he laid out a series of reforms that he said would both increase competition and maintain, as he put it, “profitability over the long term” — a phrase he repeated for emphasis.

[Sell Short]

Daily,
your website is blowing up! people finally jamming your site to read about all the corruption.

keep it up!

[john]

Navy contractor charged with bribes released

http://www.patriotledger.com/news/x1055395362/Navy-contractor-charged-with-bribes-released

[snip]

A U.S. Navy contractor charged in a $10 million kickback scheme has been released on $50,000 unsecured bond.
Anjan Dutta-Gupta (AHN'-junn DOO'-tuh GOOP'-tuh) appeared in U.S. District Court in Providence, R.I., on Tuesday on charges he bribed a public official in order to steal from the government. He did not enter a plea.


Comment: So the pentagon says contractors are a buy?

[DailyBail]

Merscorp lacks right to transfer mortgages.

http://stopforeclosurefraud.com/2011/02/14/bloomberg-merscorp-lacks-right-to-transfer-mortgages-judge-says/

--

John...this link from you was somehow deleted and I am adding it back...great find...

[DailyBail]

John...thanks for all the great links here...really good stuff...

[john]

Glad everything is ok....

[john]

Note: the website stopforeclosurefraud.com is 404 this morning. They are a huge resource for important news related to the banking mess. This may be a server issue or something else....will keep checking.

[LiberatedCitizen]

Obama Confirms Leadership Failure, Pulls Out Mother Of All Mutual Assured Nukes: "Raise Debt Ceiling Or Risk Global Recession"

http://www.zerohedge.com/article/obama-confirms-leadership-failure-pulls-out-mother-all-mutual-assured-nukes-raise-debt-ceili

Inflation Explained

http://www.youtube.com/watch?v=VL7V9BnJXO8&feature=player_embedded

[Sociopath or Compulsive Liar]

Great article at American Thinker...The Mendacity of Barack Obama...

DB, you are going to really enjoy it...what do you think…Is Obama a compulsive liar or sociopath?
http://www.americanthinker.com/2011/04/the_mendacity_of_barack_obama.html

My take…Obama is a fraud and a liar but I think that his problem is living his life behind so many masks. He has never established a real identity. How long can a person live a life of lies and deceit before they turn into someone that doesn't even use their real name? He hates being President because he is not a decision maker. If he knew how to solve problems he would have showed his birth certificate before curiosity doesn't stop at his birth certificate. Now he has a lot of people wondering just how many things he is hiding. I have said from the beginning, he is being shamed by his reluctance to come clean.

It’s not the lie that does you in, it’s always the cover-up.

Doesn’t Obama have one guy around him that can remind him about what happened to Billary?

[mick]

Did you really need to add "Warning - Brief British TV nudity" ?
Some tits ,just some tits !