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That looks incredibly close to a certain ponzi scheme that was busted to the tune of 50 bnillion dollars around two years ago...<snap snap> what was his name...Bernie Made-Off.
nice find btw.
Precious metals to present good buying oppurtunity after a near term correction?
Gold and silver showing signs of weakness, and oil is confirming.
Not really surprising, since deepcapture.com have suggested that SAC and Cohen are tied to Michael Milken and Bernie Madoff.
Wow looks like Stevo is just now back at his high water mark. I am sure he'd more than happy to go back to charging his trademark 50% performance fee.
"It’s been a tough couple of weeks for SAC Capital Advisors, the infamous Greenwich hedge fund.
Shortly after the firm appeared to have dodged a federal criminal investigation into insider trading,
news surfaced that a top Senate Republican had launched an inquiry into how the Securities and Exchange
Commission handled past concerns about suspicious trading at the firm.
Days later, word circulated that the SEC itself is probing whether SAC traded improperly
in health care companies in recent years."
Want to eliminate all this insider trading nonsense? Hire a congressman and staffers! Put a few on the board and let them execute the trades. Now send all your contacts correspondence through them and no more insider trading hassles. I am sure they have reasonable rates.
Signed Senator A friend
I don't think it's insider anything. Look at those numbers, that screams ponzi.
SAC uses the major Wall St. prime brokers to put through their trades. There was talk that at times they constituted up to 15% of NYSE volume per day.
Historically, financial market frauds/ponzi schemes usually don't show significant real world trading activity. SAC does.
Until the SEC investigates the DNDN manipulation and SAC's involvement, we know that the SEC is still busy watching porn rather than doing their jobs. That was one of the most blatent moves ever made by Stevie Cohen, but the SEC, even with thousands of formal complaints, has failed to even discuss the matter.
IF, and I do mean IF, the SEC does ever do their job and investigate, they'll settle for pennies on the dollar for what was stolen from investors that day and those funds will never be returned to those who they were stolen from.
Same shit, different day.
Yeah, Cohen is pulling a ponzi with his own money. You`re a fucking genius huh?
Any insider trading probe that doesn't look into the fact that our dear politicians are engaging into something far worse in terms of manipulating markets/influencing stock performance outcomes is nothing short of failure.
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