Pimco Offloads $40 Billion In Treasurys, As Frontrunning Fed Creates Billions Of Profits; Gross Does Not Expect QE 2 On Sept. 21; Pimco's "Fed Frontrunning" Tell Exposed

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Wed, 09/15/2010 - 21:31 | 584409 traderjoe
traderjoe's picture

The streets in DC use letters? - m'fer's!

Wed, 09/15/2010 - 21:47 | 584434 nope-1004
nope-1004's picture

They're all a bunch of white collar criminal whores.

Most people make an honest liviing, and the money in their bank didn't arrive from insider knowledge or front-running.  But Bill Gross now shows us he's another ponzi whore.

What a loser.  Wonder what this sociopath could actually do in the real world if separated from the corrupt Obama team?

I'm simply calling them as they are.  Geithner, the little pric, needs a good ass-wuppin'.  The constant two-faced lies coming from these psycho freaks "running" our country is truly sickening.

I for one hope the whole fucking thing implodes.  I know I can take care of my family no problem.  And I look forward to pissing on these jerks as they beg in the streets, MF'ers.



Wed, 09/15/2010 - 21:57 | 584461 LeBalance
LeBalance's picture

Please aim somewhat higher in the chain of command in order to have any challenge from the game you will be tracking.  The exposed fools are puppets to the power and as such have developed zero ability to fight back.  They will be thrown as sacrifices at the first need and their backstory as bad actors is being written now.

As if this story would have come to light for any other reason.

Wed, 09/15/2010 - 23:57 | 584639 Bluntly Put
Bluntly Put's picture

You're scary, that's just what I was thinking.

Thu, 09/16/2010 - 04:05 | 584783 Hdawg
Hdawg's picture




Wed, 09/15/2010 - 21:45 | 584442 Ricky Bobby
Ricky Bobby's picture

Front Running? That's fucking outright collusion.

Wed, 09/15/2010 - 22:33 | 584524 Bringin It
Bringin It's picture

+100 Points.  Perp walk starts when?

Wed, 09/15/2010 - 23:34 | 584609 MarketTruth
MarketTruth's picture

Perp walks???  ROFL!!!!  Never will happen. Greed is not only good, it is fully legalized and NO ONE ever goes to jail. NEVER.

Of course they should be sent to China for 'proper' laws mean they literally get executed. Maybe this is why the USA hates China, as they are no longer buying dollars, instead hoarding/buying gold and banksters get death penalty. Of course th USA can;t allow that in "The Land Of Freedom". More like freeDUMB.

Thu, 09/16/2010 - 09:22 | 585022 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

freeDUMB. that is really good.

the last chart is really pretty, chart art. look at it a second time, nice wonderful colors used graphically.

Thu, 09/16/2010 - 01:00 | 584708 andyupnorth
andyupnorth's picture

Collusion? Insider trading? That's the whole purpose of the Federal Reserve!

Wed, 09/15/2010 - 21:33 | 584417 Mactheknife
Mactheknife's picture

"Psychic" Wild Bill bitchez!

Wed, 09/15/2010 - 21:34 | 584419 Buckaroo Banzai
Buckaroo Banzai's picture

but but but... Bill Gross can't be a crook!

Wed, 09/15/2010 - 21:35 | 584421 putbuyer
putbuyer's picture

I was wondering what was driving TBT.  And now Bill Gates reveals why he is such a fuck'n ahole. http://marklevinshow.com/goout.asp?u=http://www.breitbart.tv/bill-gates-...

Wed, 09/15/2010 - 21:55 | 584457 Chemba
Chemba's picture

Bill Gates is speaking truth.  If you can't understand his point of resource allocation then you're one of the masses of asses that can't handle truth.

Wed, 09/15/2010 - 22:16 | 584491 LeBalance
LeBalance's picture

When someone can pay for a service that service provider merely expands the availability of the service to provide it.  It is *predetermined* in this case sited that the elderly somehow have a lesser right to a service they can pay for because they have lesser years left to live.  Total horsecrap.  What will they deliver to humanity during that time?  Miracles!  Every person deserves to receive what they can pay for or receive via charity and the goodwill of their progeny and community.

In addition, to create a structure of Administrators that decides for *wards of the State* that they can be summarily cut off from service *even when service is available as charity* is a sick testimony to our fascination with the bottom line.  Charity is available from every single physician that walks the Earth.  They are required to work a certain number of hours in that capacity.

They are walking you to Soylent Green acceptance.

Mr. Gates is one of the movers and shakers behind GAVI the world wide vaccination organization.  (1) Vaccines do not function as advertised, it is a smokescreen hoax. (2) What they do function as is as euthanizers of the world's population.  Everything from thimerasol to recent GM sterilizers are in those happy little injectible slow death vials.

Mr. Gates does have a valid point of view.  From his perspective and the perspective of his masters (yes, he is a made man and probably a clueless puppet as well) NSSM 200 is what they are marching toward realizing.  That would be the eradication of the vast majority of the useless (in their eyes) eaters on this planet.

Mr. Gates is certainly speaking his truth.  *His,* and maybe yours.

Not mine.

Wed, 09/15/2010 - 22:18 | 584500 fiftybagger
fiftybagger's picture

"From his perspective and the perspective of his master"




+ 1 trillion



Wed, 09/15/2010 - 22:41 | 584531 Bringin It
Bringin It's picture

This is a kind of false dichotomy.  We don't have to get so dramatic.  Yet.

Why don't we start by cutting the useless insuraunce companies out of their turn at the trough?

Isn't that a lot easier?  But off topic?


I'm really enjoying the topic.  Is this what you call the smoking gun?


Thu, 09/16/2010 - 00:27 | 584645 zaknick
zaknick's picture

Gates is a scumbag and yes, they are carrying out ethnic cleansing and genocide; him , CFR, Rockefeller, the usual suspects.

Wed, 09/15/2010 - 22:54 | 584551 New_Meat
New_Meat's picture

LeB-as a young lad, I got scared of the Malthus argument; read his book, read Erlich, read a bunch more.  Learned to do experiments.  Read Popper.  Saw that the "population collapse" thesis was continually invalidated.  Then Clancy did a great book (at so many levels) e.g.

http://www.allreaders.com/topics/info_764.asp and


somewhere in there, saw Chrichton's statements.

"They are walking you to Soylent Green acceptance."

I was in a meeting with a number of Canadians today, talking about a mutual friend who had a heart attack.  "He had to leave the meeting last week to see the Cardiologist." and the answer was "He has enough tax-delivery left in his working life to pay for the visit."

You, SIR, are spot-on.

- Ned


Wed, 09/15/2010 - 23:24 | 584595 Arkadaba
Arkadaba's picture

Sorry what exactly are you saying? Sounds like BS to me. 

I have experienced both U.S. HMO and PPOs and Canadian health care and I will take Canadian health care over both.  Not really sure what you are getting at ....


Thu, 09/16/2010 - 03:11 | 584770 Mad Mad Woman
Mad Mad Woman's picture

Well said. I don't trust anything Bill Gates sez anymore. Can't stand the man. He has a multi-billion dollar corporation, with lots of computer genius's, and they can't put out a decent product that works like it is supposed to. I am sick & tired of security breaches and the dozens of "patches" to fix said breaches in their programs. WTF?

Thu, 09/16/2010 - 15:08 | 585973 tamboo
Thu, 09/16/2010 - 10:02 | 585120 spekulatn
spekulatn's picture

Well done LeBalance.

Wed, 09/15/2010 - 22:39 | 584534 Spalding_Smailes
Spalding_Smailes's picture

No, I'm sure he could find other ways to cut cost ...

Its like when a township builds everything under the fucking sun, parks, new firehouse, police station, everyone gang raping the city on the back of the credit monster.

Now that the township is broke, it tries to pass tax hikes (in the name of save the teachers jobs), but only 20% of that tax hike will go toward teachers(if passed) but the other 80% is going to plug other holes so they can save their fucking jobs after 10 years of mismanagement ...

With the waste that goes on in the heath care industry and he tries to correlate between a person on his/her death bed and teachers?

Wow, what a total tool corporatist fuck.


Wed, 09/15/2010 - 22:34 | 584525 Hephasteus
Hephasteus's picture

He's just simply willing to talk about why doctors will continually day after day, month after month, year after year, decade after decade continue to employ strategies and tactics that have 0 percent efficacy, or continue to employ tactics that have 3 percent efficacy and have no fucking clue why it works in the 3 percent.

These are not real choices or real resources. It's a mind game. You don't have to lay off teachers and firefighters to give a million dollars to 10 doctors who fuck around for 3 months as they are independant creative spirits which have nothing to do with each other. Besides the fact they are shoved into the same economic system and given an artificial connection and boundry. The doctor assholes are just going to divert the money from the teachers and educators to yacht builders and dudes who call them up on the phone and ask them to invest 100k in something stupid which they ask 2 questions about and then write a check. And yes Dr. Brister sat me down once and pulled 2 tiny tiny pieces of rust out of my eye and it took 10 minutes and used about 5k worth of equipment. Then proceeded to charge me $250 bucks and then said god bless me. And if he ever needs me for anything in any lifetime. I'm going to drill his asshole like gay convict.

Thu, 09/16/2010 - 15:25 | 585979 tamboo
tamboo's picture

dr wu will see you now, he's pretty entertaining even when

he goes off topic, which is often.

"The major causes of disease in the West are Jews and Jewish physicians."
                                                                       -- Dr. Wu Tao-Wei


Wed, 09/15/2010 - 21:35 | 584422 bugs_
bugs_'s picture

Don't need to time the market, just need to time the Fed.

(or be on Deep Shah's speed dial)

Wed, 09/15/2010 - 21:35 | 584423 SpeakerFTD
SpeakerFTD's picture

Bill Gross.  Blankfein.  Paulson.  The list goes on.

These guys make the Russian oligarchs look like rank amateurs.

Wed, 09/15/2010 - 21:36 | 584424 espirit
espirit's picture

Gives new meaning to "trickle down effect."

Thu, 09/16/2010 - 03:13 | 584771 Mad Mad Woman
Mad Mad Woman's picture

LOL!!    Great comment.

Wed, 09/15/2010 - 21:39 | 584430 Nolsgrad
Nolsgrad's picture

QE2 is real.

Wed, 09/15/2010 - 22:47 | 584543 Battleaxe
Battleaxe's picture

So is the Easter Benny.

Wed, 09/15/2010 - 22:55 | 584553 Bringin It
Bringin It's picture


[Except the caveat regarding the observervation and the outcome acording to Heisenberg.]

Wed, 09/15/2010 - 21:44 | 584436 breezer1
breezer1's picture

no shame, no conscience. nice work if you can get it.

Wed, 09/15/2010 - 21:44 | 584437 sweet ebony diamond
sweet ebony diamond's picture

My question of the day for Ben:

if Goldman Sachs has been identified as big-time negligent in their dealings with customers (see recent SEC settlement for background), why do you continue to use them as a supplier?

or to put it another way - what is the fucking fantasy world you live in?

Thu, 09/16/2010 - 01:05 | 584713 RockyRacoon
RockyRacoon's picture

Oh, but Goldman is experienced and has all the machinery in place to perform the theft -- I mean sales expertise -- to get the job done.  Thieves run with thieves.  The honor among thieves is not reserved for the lower classes.

Wed, 09/15/2010 - 21:45 | 584441 Catullus
Catullus's picture

I'd like to see if bill gross shows up on cnbc for the next fed announcement.

Thu, 09/16/2010 - 01:07 | 584716 RockyRacoon
RockyRacoon's picture

Hubris will take him down.  I've seen him be a bit smug about some of the business done by him and his associates.  He will not be able to resist showing his inside knowledge at some time and that will be used against him when the gallows is warmed up.

Thu, 09/16/2010 - 09:38 | 585062 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

from a females perspective. you all, are talking about warren buffett, bill gross, bill gates and i will throw in john chambers. these men seem so effeminate to me. plus they talk with a high pitch unmanly voice. not that it matters, just notice these things about men.

Wed, 09/15/2010 - 22:05 | 584470 Monkey Craig
Monkey Craig's picture

the fix is in....the treasures go to the insiders as usual

on another note, I would definitely check out the documentary "Hacking Democracy" - same theme, different players

Wed, 09/15/2010 - 22:10 | 584471 Hall 9000
Hall 9000's picture


Elizabeth Warren to lead Consumer Financial Protection Bureau, unofficially

9/15/2010 09:22:00 PM – CalculatedRisk 

From the NY Times: Warren to Unofficially Lead Consumer Agency

“Elizabeth Warren, who conceived of the Consumer Financial Protection Bureau, will oversee its establishment as an assistant to President Obama, an official briefed on the decision said Wednesday evening.

The decision, which Mr. Obama is to announce this week, would allow Ms. Warren, a Harvard law professor, to effectively run the new agency without having to go through a potentially contentious confirmation battle in the Senate.”

“I think Ms. Warren is an excellent choice.”



"Time to stand up for what you believe in.”

 Tyler Durden 





Thu, 09/16/2010 - 00:09 | 584648 Bolweevil
Bolweevil's picture

She's got a job until 11/06/2012 (or whenever the Mayan calendar ends?).

Thu, 09/16/2010 - 07:41 | 584871 Xedus129
Xedus129's picture

December 21st, 2012 or 23rd (Some people claim)

Wed, 09/15/2010 - 22:05 | 584474 Village Idiot
Village Idiot's picture

a glutinous and Gross Buffet.

Wed, 09/15/2010 - 22:06 | 584475 silvertrain
silvertrain's picture

  There all using there status to self deal...

Wed, 09/15/2010 - 22:13 | 584489 Village Idiot
Village Idiot's picture

"There all using there status to self deal..."


Crooked dealers get shot--in the movies anyway.

Thu, 09/16/2010 - 07:25 | 584859 Al Gorerhythm
Al Gorerhythm's picture

There, there.

Wed, 09/15/2010 - 22:11 | 584483 scratch_and_sniff
scratch_and_sniff's picture

64bln, ha. The sickness of it, the sickness.

Wed, 09/15/2010 - 22:11 | 584484 Jake Lamotta
Jake Lamotta's picture

Hey Tyler- good article.  I wanted to take a moment to say THANK YOU  cause i can tell by your posts that you are relentless in keeping them coming for us to read!  I know this is no easy task and you must work 25/7 to get them to us.  THANKS DUDE!

Wed, 09/15/2010 - 22:17 | 584497 Village Idiot
Village Idiot's picture

Good stuff, Tyler. How does this crew throw a party when the time is right? 

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