Is The SEC's Insider Trading Case Implicating FrontPoint A Sting Operation Aimed At S.A.C. Capital?

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Fri, 11/05/2010 - 00:47 | 701946 Nolsgrad
Nolsgrad's picture

what's with the google charts lately? TD cutting back Bberg costs?


second look, my bad, where are those from anyways? I've seen them before.

Fri, 11/05/2010 - 00:48 | 701949 Tyler Durden
Tyler Durden's picture

That's not google. That's CapIq.

Fri, 11/05/2010 - 01:21 | 701980 Nolsgrad
Nolsgrad's picture

thank you kindly sir, there's another site, i'm digging, which shows crazy short sells vs. comps. I'll find it soon enough.

Fri, 11/05/2010 - 02:21 | 702012 lolmaster
lolmaster's picture

always wondered how you get the bberg charts. hope they are not making a humble blogger pay their full blown rape prices

Fri, 11/05/2010 - 02:27 | 702015 Nolsgrad
Nolsgrad's picture

20K per year. it hurts. but so worth it.

Fri, 11/05/2010 - 12:36 | 702901 Nolsgrad
Nolsgrad's picture was what I was thinking of.

Fri, 11/05/2010 - 01:09 | 701967 dark pools of soros
dark pools of soros's picture

kike on kike crime

Fri, 11/05/2010 - 11:23 | 702641 Village Idiot
Village Idiot's picture
by dark pools of soros
on Thu, 11/04/2010 - 22:09


kike on kike crime


And you were actually becoming an enjoyable read.  It's always right there for you, isn't it?


Fri, 11/05/2010 - 12:21 | 702829 tamboo
tamboo's picture

zhid works for me.

more on the letter of 5,000:

judaism is a vast criminal enterprise disguised by a

(very) thin veneer of religion.

wish i could take credit for that quote.

Fri, 11/05/2010 - 13:41 | 702885 Village Idiot
Village Idiot's picture

Good for you.  21 weeks on ZH - you might want to get a better feel for where this site has been and where it's going. I think you'll find that, for the most part, this kind of battle was fought some time ago.  As such, those who still harbor their beliefs have toned down the rhetoric - and the rest have moved on.  Stick around.

Fri, 11/05/2010 - 01:20 | 701976 Nihilarian
Nihilarian's picture

I think CNBC just got material for a new American Greed episode.

Fri, 11/05/2010 - 01:20 | 701979 Herd Redirectio...
Herd Redirection Committee's picture

I think we will see more of this.  Fraud inspired by revenge/backstabbing.  Someone wanted to extort SAC and the go-between was this Rabbi.  They are all going to start turning on each other!

Fri, 11/05/2010 - 01:39 | 701991 Fraud-Esq
Fraud-Esq's picture

Who does "Internal Affairs" for the FDA and other government entities? $50,000/year employee possesses info worth millions per hit, dozens of times over per year.

Hedge fund spies penetrating government agencies? Easy! They already have the Treasury and SEC. FDA? Just a side thought. 

Good stuff TD.


Fri, 11/05/2010 - 01:40 | 701992 slobbermut
slobbermut's picture

I believe S. Cohen has been implicated through emails in previous illegal activity and never been prosecuted.  The most that will ever come of this is a fine amounting to a small portion of his gains.  A RICO prosecution with 20 year jail sentences would go a long way towards getting people to will never happen cause the tenacles go all the way to top IBs and FDA officials who have been leaking information for years.  WS owns Obama, and Obama directs the Justice Dept. and the laughable SEC. 

Fri, 11/05/2010 - 01:46 | 701995 frankTHE COIN
frankTHE COIN's picture

Slobber.... you're talking about the Conehead here!

Fri, 11/05/2010 - 03:44 | 702067 snowball777
snowball777's picture

He bleeds. Correct?

Fri, 11/05/2010 - 02:19 | 702011 lolmaster
lolmaster's picture

wowwww pulling out the big guns for your libby friends TD? is this payback for stevie hitting for the 'pubs this time? i mean come on this has been "pricing in" for a long time. not that i give a flying **** this SOB should have gone down a long time ago, just the timing is suspect

Fri, 11/05/2010 - 02:23 | 702013 lolmaster
lolmaster's picture

and also, the SEC doesn't do 'sting' they do 'fund raising' and 'networking'

Fri, 11/05/2010 - 03:43 | 702065 snowball777
snowball777's picture

Which does googling for porn count as again?

Fri, 11/05/2010 - 03:18 | 702047 jeff montanye
jeff montanye's picture

a modest proposal?

Fri, 11/05/2010 - 03:00 | 702033 ebworthen
ebworthen's picture

Wait...Healthcare scandal?

The lives and savings of generations of hard working real people played with like chess pieces (checkers?  marbles?  spitballs?).

The complicit are on the East Coast on Wall Street and/or Washington?

We can't blame Bush?  We can't blame Obama?  This happens all the time no matter what judges or politicians or police we have in power?

omg...where's my SOMA!?!?

That, or get me some fine hemp to make a glorious noose, or two, or three, or...


Fri, 11/05/2010 - 03:03 | 702036 merehuman
merehuman's picture

smoke it and have a better day

Fri, 11/05/2010 - 03:18 | 702040 bob_dabolina
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You might as well sue god because you will get the same result.

Good luck with that.

BTW - Lick my balls.

Steve owns you and yo momma (no for real, he owns your mom...and that lawyer trying to sue...yea he owns his mom too)

If you're reading this...yup...he owns yo momma too

Fri, 11/05/2010 - 05:30 | 702097 Miles Kendig
Miles Kendig's picture

Classic.  Some stories just can't surpass real life.  PSI's, if ever written in full on all this would make for epic reading as well

Fri, 11/05/2010 - 05:31 | 702099 Djirk
Djirk's picture

Sue the FED for market manipulation

Fri, 11/05/2010 - 05:51 | 702104 Tic tock
Tic tock's picture

SEC - what do they do?

Fri, 11/05/2010 - 07:53 | 702140 MsCreant
MsCreant's picture

Jew bashing makes this site look like a whack job hang out. The information being disseminated here is important. Tyler(s) is putting out something that very strongly resembles journalism. 

CUT THE SHIT, please.

Fri, 11/05/2010 - 08:21 | 702176 umop episdn
umop episdn's picture

So this is what real journalism looks like. Thank you, Tyler, and you too, Tyler, and also Tyler.

Fri, 11/05/2010 - 11:16 | 702651 Village Idiot
Village Idiot's picture

"CUT THE SHIT, please."


I'll stand with you on that one.  ZH is gathering some mainstream legs, why lop 'em off?

Fri, 11/05/2010 - 13:51 | 703180 Village Idiot
Village Idiot's picture

Apparently, the poster who just did a drive-by junking doesn't get it. Stick around and add something useful, buddy. Have a pleasant day.


full disclosure:  I am a Jew.

Fri, 11/05/2010 - 08:06 | 702153 Winterland
Winterland's picture

I would assume the Fed are trying to flip a more reliable witness before bringng charges.

Fri, 11/05/2010 - 08:18 | 702170 umop episdn
umop episdn's picture

I would assume that 'someone' is covering up yet another crime. Rule of law...we can not haz.

Fri, 11/05/2010 - 08:24 | 702179 Jack Ryan
Jack Ryan's picture

Nothing like a couple of racist idiots marginalizing a really well done piece.  Thanks for doing this.  Maybe someone at a regulator will actually start to do their job.  All anyone has to do is follow the money (as you point out) and then the information.  Maybe a few of the sacred cows will get sacraficed, but the system will be better off. 

Fri, 11/05/2010 - 08:33 | 702186 Pinky
Pinky's picture

I sniffed out the Big Sting last year when one Ponzi scam in particular implicated about 9 SEC commissioners (can't remember the exact number).  From that point on, anytime the SEC appeared to be ignoring this ponzi or that one - or this hedge fund or insider trade or whatever - I presumed the guilty parties were operatives blessed by the Squid Nexus, and in the case of the victims, their carefully and deliberately chosen targets.

This will clinch it for me: I suspect Madoff will be pardoned someday, presuming HIS faction "wins." He was a loyal soldier who did his job. Hint: Look who he targeted. What did they have in common and most importantly what were their politics? Who had their loyalty?

You do know that bankster factions do these things to each other all the time, right?  This has been going on ever since the first Rothschild ponzied (one could say enronized) its first kingdom. I call it the NeverendingWar between the Krauts and the Crown.

Of course with all the mergers (marriage+business) it's all grown terribly complicated.  There are multiple factions working at cross purposes to each other by now. Identifying who's who has turned into a big game for me, despite the fact I know I probably get it wrong every time (no way to tell in any case).  Bottom line: The factions are bitterly cutting down each others' money trees, and we get to watch. Don't be too quick to choose sides, though: They all suck.  They're ALL above the law.

Rail at the pirates at Goldman all you want, but honestly: You don't know who they're fighting. They could be worse. I promise that if you're just one of millions of lumpen-investors, it's really not you the Squid Nexus is after. They're actually propping up your 401K while the enemy factions trying to hack the US into bits and hoover up the pieces and - seriously - even after 3 years of watching I still don't know whether to scream or cheer.

Fri, 11/05/2010 - 08:32 | 702191 Downtoolong
Downtoolong's picture

"O.K., two guys from Wall Street and a Rabbi meet in a bar and......"

Looks like this all started off like another bad joke, only this joke is on us.

Fri, 11/05/2010 - 08:37 | 702217 tom
tom's picture

good snooping

Fri, 11/05/2010 - 08:39 | 702223 harveywalbinger
harveywalbinger's picture

SAC & Cohen have received much interest on the deepcapture website over the years.  I'm sure all pure coinkydink...

Fri, 11/05/2010 - 08:50 | 702243 wiggles
wiggles's picture

well I wonder if SAC was behind

the bullcrap pulled on Friday on AVNR

hope they get caught in the SEC sting

Fri, 11/05/2010 - 09:12 | 702292 tom
tom's picture

Cohen is a mafia boss in hedge fund manager clothing. He makes Rajuratnam look like a hillbilly. Like any clever mafia boss Cohen does his dirtiest work through fronts and operatives who are ostensibly independent or employed by others, so my guess is that was the role Skowron and to some extent Frontpoint were playing. And it seems like somebody somehow working for Cohen felt shafted and tried to get even using this Balkany. Hard to say if Cohen will ever be prosecuted. I'm skeptical. 

Fri, 11/05/2010 - 12:26 | 702867 Downtoolong
Downtoolong's picture

I'm skeptical too. In fact, since it hasn't happened by now, I don't want to know what kind of scam or market calamity it would take to take a guy like Cohen down.

It's all just another perfect example of what a shithole the financial markets really are, and why the little guy doesn't stand a chance of gaining anything from it. That's why I'm doing my best now to get my investments out to a safer place. I know this is what Warren Buffett meant when he said that 95% of all people invested in the stock market shouldn't be there. 

Sat, 11/06/2010 - 19:22 | 705736 theprofromdover
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bo bobadillo?

Mon, 12/06/2010 - 10:08 | 781724 senthil456
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