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Fed Releases Names Of Early FOMC Minutes Recipients: Include Employees Of ECB, Goldman, Barclays, JPM, Law And PE Firms
We will release the full list of named recipients once we get it, but here is what we now for now, via BBG and CNN:
- EMPLOYEES AT GOLDMAN SACHS, BARCLAYS, JP MORGAN, CITI, NOMURA, UBS, HSBC RECEIVED FED MINUTES EARLY YESTERDAY
- MOST OF THE BANK EMPLOYEES APPEAR TO WORK IN GOVERNMENTAL RELATIONS (Lobbies)
- ABA, SIFMA, SENATE STAFFERS RECEIVED FED MINUTES EARLY
- FED NAMES 154 RECIPIENTS OF EARLY RELEASE OF FOMC MINUTES
- FED MINUTES SENT EARLY TO BANKS, LAW FIRMS, PRIVATE EQUITY
- FED EARLIER SAID RELEASE WENT MAINLY TO CONGRESS, TRADE GROUPS
- NONE OF THE PEOPLE ON THE LIST ALERTED THE FED THAT THEY RECEIVED NONPUBLIC INFO A DAY EARLY
In other words: absolutely everyone who trades risk assets for a living!
A more detailed list, which also includes the ECB, via the WSJ is as follows:
Banks, trade groups and lobbying firms:
American Bankers Association
American Council of Life Insurers
Barclays Capital
BB&T
BNP Paribas
Capital One
Carlyle Group
Citigroup
The Clearing House Association
The Cypress Group
Fifth Third Bank
FINRA
Goldman Sachs
The Gray Company
Guggenheim Partners
HSBC
Independent Community Bankers of America
IntercontinentalExchange
J.P. Morgan Chase
King Street
National Association of Realtors
Nomura
PNC
Regions Bank
Rich Feuer Anderson
Roberts Raheb & Gradler
Securities Industry and Financial Markets Association
Standard & Poors
Sullivan & Cromwell
UBS
U.S. Bank
Wells Fargo
Whitmer & Worrall
Williams & Jensen
Government agencies or public-oriented entities:
Austria Federal Ministry of Finance
Bank of Japan
Conference of State Bank Supervisors
Congress (House & Senate)
Consumer Financial Protection Bureau
European Central Bank
Federal Housing Finance Agency
National Credit Union Administration
Treasury Department
White House
Of course, once the lobby workers got the list, they promptly forwarded it into the gaping maw of the mothership which pays the salaries and bonuses.
Naturally, to say that nobody traded once getting this material, non-public information, is about as credible as saying that nobody traded on the material, non-public information leaked by Tim Geithner in August 2007 when he informed the banks one day in advance of a critical Fed decision. Oh wait:
We will provide the full list of people who manipulate and cheat the market shortly, but for now we are curious to see how the Fed will spin that EVERYONE got an advance notice of its minutes a day in advance without this becoming a material issue with the regulators, and just how many billions in hush money it will take to push this all under the rug.
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premature datajaculation
(we are all being robbed)
just keep chanting the hologram doesnt exist and it has no masters and im sure it will all go away
Not even bothering to hide it.
The best indicator that the SHF soon.
The looters are in control, and everything is now short term..
There must be a trend to all this. ....
Isn't that insider trading at the very top? The Fed should be prosecuted for that. Oh, but it is only the small guys that get jailed for insider trading. The Fed is above the law along with all the banks.
EMPLOYEES AT GOLDMAN SACHS, BARCLAYS, JP MORGAN, CITI, NOMURA, UBS, HSBC RECEIVED FED MINUTES EARLY YESTERDAY
At least this certainly accidental leak didn't go to anyone who might benefit from it.
The other good news is this has never happened before and will probably never happen again, total freak event.
Level playing field my ass.
Why play this game when I am the one (little people) being shafted all the time? Its like giving me a dinner knife to go into a gun fight....I am just there to add to the body count.
Have you taken a look at the bullshit out Inspector General (Annalyn Kurtz) is twweeting?
https://twitter.com/AnnalynKurtz
Annalyn Kurtz @AnnalynKurtz 8 Apr
Gosh darn it. Just realized my two good friends, @andrewrjohnson and @ezlomek, are getting married on a jobs Friday. The nerve!
ExpandWe will provide the full list of people who manipulate and cheat the market shortly....
We don't need no stinking lists.
Brahahahahaha
-- Barry O
If ya can't get bonuses the usual way then get 'em anyway ya can.
You only YOLO once.
I see what you did there.
Hang the Bernank! Hang'em ALL!
If these fuckers aren't in jail, how the fuck can we claim to be a nation of laws?
Tyler,
I know you are very busy, but can you post the addresses, e-mail, & phone number for the primaries in the list you just posted?
what for? better yet, what are you going to do about it?
i can provide you with locations where the hofjuden that run the central bank fractional reserve scam live, and you still wont do anything about it. so stop bothering the tylers with you stupid requests.
STFU
Dudes, I had this nailed this morning..........
Wed, 04/10/2013 - 09:11 | 3430569 ihedgemyhedges
Vote up!17
Vote down! 0
Apparently leaked to Goldman too. Sell gold they said......
none of us traded on the early release meeting notes
nor did we inhale
3 months from now:
Mortgage servicer Quicken Loans and Mercedes Financial Services report that each month, payments are made by a third party on behalf of Mr. Gross.
lol...nice chart imbedded...
http://mises.org/daily/2532
The most interesting name on the list to me is S&P. Laundering the "AA" credit rating through FED insiders. Nice.
I just jumped them to Jack of Diamonds in the Rumsfeld ranking.
Some level playing fields are more level than others...
Well it sure looks like one pol handedly celebrated his FOMC windfall. I don't know maybe prematurely too.
http://www.wjhl.com/Global/story.asp?S=21885502
The FED, Cyprus.....
and they wonder why people avoid "the market."
To get the level playing field, you need a really big bulldozer.
There's a club convincing humanity of the necessity of directing the world's resources through it...and you're not in it.
Lets form a 'committee' to 'investigate'...maybe even 'probe' the matter....how's about a Senate hearing with 7-course dinner breaks....
the accident, is that they normally send the insider emails from a "do not backup/delete immediately" server/email address.
This time, they accidentally sent it from their primary email server. woops. Someone will be in trouble for this.
I'm sure Holder is on it! This will be coming immediately after the Corzine indictment...
doesn't the Fed like ECB have some secrecy rule or provision which would have allowed them to deny this early release ever happened? the recipients too have a lot at stake and would have kept quiet about this- traded on this info- yes but hush hush of course. so why did the Fed have to admit to it? someone will have to be sacrificed for it...publicly and all will be good again ;)
just saying...
Yes, all these leaks coming out left and right mean the usual criminal activity has expanded and gone mainstream. These leaks are just sloppiness. Why, you ask?
Because everyone knows that there is no penalty for criminal behavior, for members of the club...politicians, etc.
Edit: Rajaratnam gets 11 years for something that is only fractionally as bad as these guys do every single day. Jon Corzine its at home sipping brandy. It's a complete breakdown.
.
The SEC and US Attorney General Eric "Ball" Holder will announce that they've agreed to settle with everyone on the list for a $500 fine and no admission of wrongdoing.
The SEC and US Attorney General Eric "Ball" Holder will announce that they've agreed to settle with everyone on the list for a $500 fine and no admission of wrongdoing.
Fortunately - as is standard procedure against whistleblowers - whoever the scumbag was that dared to speak out on the incident of the accidental early FOMC minutes will be hunted down and harassed for the rest of their life. Thrown in jail if at all possible too!
.
...or given an all-expenses-paid vacation to Guantanamo Tropical Beach Resort.
What wrongdoing?
Like I've said before, we've reached the stage of the game where the people in power will try to steal everything that isn't tied down.
I do find it interesting that know one thinks this threatens very basic functioning(s) of the market itself. What if IPO's really did dry up "because while illegal it's not prosecutable"? Same goes for making sure Government data isn't "manipulated" by handing it out to people who have no interest in Government existing in the first place? Seems all rather counter productive to me. I've said it before and I'll say it again: "sorry Illinois but we have other things on our mind."
You need to understand there are humans and there are cattle.
Rajaratnam is not a chosen one, he's a GOY, a cattle. Corzine is a chosen one. Show some respect!
Is it a crime, if the folks that received this info traded on the knowledge from the pre-released minutes?
We all know this really sucks, but CAN anyone be dragged into court? Yes, I know they NEVER will be, even if there are laws that were broken.
Lawlessness...the new killin' it in America.
Since they will not talk about this during "Dancing With the Fools," no one will care.
Try this test.
Go to your local bar this evening and start a conversation about what happened today. Everyone will look at you like you've lost your mind! Unless you're buying drinks, the bithces will be gone in a matter of seconds.
Change bars. There are some out there where you can have a decent conversation. Just look for the bulges under the coats in your preliminary scouting. Yep, they're glad to see ya.
Try mentioning the Big Kahuna Burger, same effect.
Who Dat?
Is it a crime, if the folks that received this info traded on the knowledge from the pre-released minutes?
Not a crime to trade on the info.
If you're Martha Stewart, YES. Person's on the list, NO.
http://www.lockelord.com/files/News/ca528475-f18a-4f12-8222-8948c3681be5/Presentation/NewsAttachment/aa783fbf-8ae8-486a-a958-8d3f2154ec4c/Insider%20Trading%20Under%20The%20Federal%20Securities%20Laws.pdf
It is important to note that federal securities laws do not prohibit insiders from making
trades. The prohibition only applies to the extent that the insider is in possession of inside
information, which must be both material and not generally available to the public. To the extent
that information is either immaterial or is publicly available, the insider is free to trade subject to
other applicable securities laws.
Materiality Requirement.
In determining what information should be considered material, federal courts and the
SEC have established a very broad definition without reference to any specific dollar amount.
· Earnings estimates, or changes in previously announced
earnings estimates;
· Significant expansion or curtailment of operations, the purchase
or sale of substantial assets, significant new services or
products, unusual borrowings or securities offerings;
· Significant merger, acquisition, divestiture or joint venture
proposals or agreements and management reorganizations;
· Resignations of key executives, directors or accountants;
· Matters related to cash dividends, stock dividends or stock
splits;
· Bankruptcy or other reorganization proceedings; or
· Material litigation or investigations by governmental agencies,
including any settlement discussions.
My sentiment...
http://www.youtube.com/watch?v=kvL3jL2ppa0
+1. What's the source of this information? And, can I follow early FOMC statement releases on Twitter?
I've e-mailed Ben B. about getting on his distribution list. Will let you know how that goes..
That probably moved you to the "no fly list".
Well, they sure aren't going to drive him to guantanamo.
Outright free for all is on. And the two different sets of rules (laws) are now in plain sight.
Always was the case.
Why they are not hiding it anymore speaks volumes.
Agreed. My trump card on any a-hole who wants to debate details is the fact that no one has gone to jail over what everyone universally agrees has been the biggest theft in human history. And the same thing continues again and again in plain sight now.
No doubt we are real close to something big breaking - and the world being violently thrust into some other reality. However, in terms of timing, "close" could be years instead of months.
.
A lot of the spinning plates are beginning to wobble.
http://www.youtube.com/watch?v=Zhoos1oY404
new moon overnight last, fresh new hit on Mars (quick actions/threats/war wages) at 9am eastern, followed by exact hit on Venus ($, values). . .
the break-age is ongoing, but the meme place-holder, Pluto (death, end of cycle) currently in Capricorn (structures built from beliefs/faiths/authority),
AND SET TO GO RETROGRADE/BACKWARDS THIS FRIDAY, 3:32PM EASTERN
for about 5 months (Sept. 20/21), add in a few punch-ups with Uranus in Aries (war, sudden shocking events) - tight contacts from now through end of June/summer. . .
lots of indicators for a wild ride, testing just what it is each & everyone believes in/supports, and why. . .
wake up calls.
huh huh ... huh huh ... you said Uranus ... huh huh huh ...
'other' calls...
hehheh hehhehehh.
guilty pleasure, those two, but I don't need to confess that to you, snigger. . .
I just knew you'd get a kick out of that.
Indeed. The current banking system will be portrayed as the bad guys, which they are, so that the new global banking system (same old shit) can ride in on a unicorn to save the day, and the droolers will cheer, as one set of chains are replaced with the new.
One can see this strategy being applied to everything else that's happening now and during the SHTF times that are coming down the sewer towards us at diarrhetic speed.
Fucking cheaters & fucking rigged casino markets.
Same as it ever was really. Just hidden in back rooms per se. Now, it is in plain sight. Is so "over the top" that it just can't be hidden anymore. Instead of skimming cash, they are just grabbing chips right off the damn table now.
This is not my beautiful wife, this is not my dog, same as it ever was...
Talking Heads
Coordinated attack on Gold, soon the last man standing when the SHTF big time
3 cases 7.62 x39;
25 75 round drums;
Pick 25 ZHers @ random
Arm w AKs
Global Insurrection Against Banksta Occupation
- (Maj. Gen) Max Keiser
That's what kills me. The US Attorney General comes out and admits the big banks are "too big to jail" and people are more concerned about other things. This is THE thing.
They have let the air out of the 800 pound gorilla in the room and there has been no reaction.
Though I like how it was a little bit like Trading Places in that they were selling on the leaked info, whereas the correct action (apparently) was to buy. I wish they would just leak some 100% wrong stuff to Goldman every once in a while "to keep them honest."
Interestingly first we only heard, that it was leaked only to lawmakers...
What went wrong, that this time it became public that the Cabal doing god's work received it already the day before?
Could it be, that the person who "accidentially" sent it early to lawmakers, did that to show the world who else is receiving the data early?
Well, the TBTF are the law, didn't you know?
i betcha a banker screwed his wife and he is getting even.
Why would the FED send the minutes to anyone if they intended to do it after the official release to the public? It available as a pdf on the FED's website...
This is standard procedure and somebody blew the whistle, so they had to come clean.
Totally coincidal:
NONE OF THE PEOPLE ON THE LIST ALERTED THE FED THAT THEY RECEIVED NONPUBLIC INFO A DAY EARLY
Its a club, and we aint a member of it
Just business as usual at the Fed. Imagine writing the email with the Fed announcement as an attachment. Where does the email distribution list come from ? Hard to image someone manually typing in all those recipient addresses ... oh, wait. They already have an email alias for the recipients of these criminal messages. SMH.
Per Reuters: "The minutes were sent as an attachment to the email that was labeled as being embargoed for release at 2 p.m.". ergo the standard procedure is to prerelease it to the good old banks - why else label the mail in that way...?
Have to get on that list, this is what my inbox looks like:(
- Nigeria Oil & Gas Report - BusinessMonitor.com/NigeriaOil&Gas - Download a Free Extract from the Latest Oil & Gas Report!
- The New Massive Pick is: BRZV Must Read Update for All Readers BRZV is still on the blazing track to the new 52 week high! We have already experienced 5 solid days of gains from this monster of a company and we believe the best is yet to come.Delete all spam messages now(messages that have been in Spam more than 30 days will be automatically deleted)
I think it's spelled "sonjaculating", apart from that you are mostly correct.
You gotta love the Orwellian nature of it all...
Obama bitches in his daily public speaking appearance about how well the "fat cats" are doing...while the middle class and poor are suffering...
...and then, sometimes in the same press conference or whatever, he applauds the actions of The Bernanke et al for their "bold" actions which continue to "save" the economy...
...completely fucking ignoring the fact that those actions are one of the reasons why the gap between the rich and poor continues to get wider/worse...
...and he somehow manages to keep a straight face the entire time.
He is either a complete idiot or a sociopath.
...oh, and Romney would probably be doing the exact same shit had he won the election.
Probably? lol
Romney would have just skipped over the false pretenses and just put his pinky in the corner of his mouth right before issuing evil laugh, at least he would have been honest
I regard it as more kafkaesque than orwellian. But it sure cries for a hit of hopium out of the Oblamabong ...
Sociopath? Well, maybe. He certainly has many of the symptoms. Narcissist, certainly. He thinks he's doing the right thing (ie. what's good for us) according to his communist upbringing, and if we'd just do what we were told, he would be happier. Is that delusion?
much easier to think of him as a well-compensated employee, which, of course, he is.
but sure, anyone applying for that job must qualify as a sociopath/narcissist - it's in the job description "ruler of teh worlds" - aka actor.
.
One doesn't even need to be that great of an actor, as long as you can master three skills.
First, you must be able to suspend all disbelief and convince yourself, absolutely, and for the duration of the performance, that your lines in the script are in the best interest of your audience and are the absolute truth.
Second, you must be able to fake any emotion in a genuine and heartfelt manner.
Third, you must be able to follow every instruction from the director instantly, without question, as if they were your own thoughts. In fact, they are your own thoughts; you just remember that.
Bonus points if you are able to blot from your memory all details of each performance, recalling nothing but vague generalities.
It is clear that sociopathic/narcissistic personalities have a distinct advantage.
You can say what you want about his films or his governorship, but as president, Reagan was brilliant in his execution of all four of these skills. Obama, who is following in Reagan's footsteps, has conquered the first three and is most assuredly working diligently on the fourth.
A stunning (and eerily prescient) portrayal of Reagan by Phil Hartman on SNL provides a perfect illustration:
http://www.nbc.com/saturday-night-live/video/president-reagan-mastermind...
"He is either a complete idiot or a sociopath."
I don't agree. He's not stupid and not insane. He's just another lying politician cunt. (Of course I mean that in the nicest possible way.)
BTW @Rick Blaine. LOVED you in Casablanca !
don't worry guys, they will all be fined a hefty .001% of their trading profits for the day
when you prerelease the release and then rerelease the prerelease to correct the previous prerelease in a forest does a bankster still hear it?
MInutes were hawkish, but we make all-time highs on early leak? WTF?
In real life, the Duke brothers always corner the market.
This is disgusting and even more so because it will be washed away like everything else.
No one goes to jail.
Where the fuck is Corzine today?
Its not my day to keep track of him.
I am not my rapist's keeper.
Fed Tier 1 Class A shareholder banks receieved something they already knew months ago. And we're supposed to be "shocked" and surprised? BFD. The entire game is rigged to save their ass, not ours.
I don't know why you are complaining, Bloomberg already assured us, that although the above mentioned names received the minutes early, they respected the error and never took advantage of it.
According to Bloomberg, so relax folks.
GS sold 1,000 ES contracts in the close yesterday, ($78mil), still got it wrong though. hahaha
To be honest there's nothing particularly bullish in the minutes, so the market reaction today is surprising.
that is true I suppose. BS market reaction
It's called cover. They know they got exposed. Therefore make the markets ramp and show you were short. That way it appears you didn't trade on insider info. They will make it back on the next handout.
surprising? a 1% increase on a no-news day is surely to be expected.
a bad news day is about +/- 0.1%, and a good day is 2% - so no news is somewhere in between.
besides, think of the BARGAINS such as Amazon and LinkedIn.
Not really. The government wants tax revenue from higher stock prices so it has chosen to commit fraud to inflate yet another bubble. They ARE that simple minded.
FUCKING FAGGOTS!
The average homosexual does not deserve to be scurrilously lumped together with these out-of-control sociopaths.
Logging in for the first time in years just to say you are still the best commenter on this site.
no homo.
I am most certainly far from being that, but thank you for the kind words nevertheless.
Most prolific (lately) anyway.
Amen. These asshole banksters fuck a lot more people in the ass than all the world's homosexuals combined.
And, I might add, they don't even have the goddamn common courtesy to give us a reacharound.
I agree. Most fags ask if you want it in the ass and one can always say no. The banksters just ram it in without lube and come back for more five minutes later. You decline and they shove it even deeper....
I am SO sick of this shit.
I can SO feel with you.
you do realize that that sounds gay right?...
Nope, but at my age it doesn't matter anyways ...
Bearwagon coulda been a girrl.
yeah... the fun is long gone.
it's pretty fucking depressing that they get to do all this shit and get away with it.
banks that get the news early... all normal...
no wonder this economy is going to the grave...
Once upon a time, I was told to watch and learn. I did that for quite some time, but know I have learned enough, to feel unable to watch much longer what I see ...
You learned well graaasshopper...
When they began their "godly work" Rothschild needed to hire a courier who delivered him the info from the defeat of Napoleon - in the meanwhile the western governments are working for them and send them emails. But nothing to see here! Move on!
Quite a progress...
this is what it feels like to fuck a stranger in the ass Larry
Good thing it didn't leak out to anyone else. Only trustworthy, good-as-gold banks.
Or *gasp* someone could have illegally traded on this information.
I'm shocked... Shocked that the squid is at the top of the list.
200 west is ALWAYS on top of the various lists, even on friday afternoons....
They don't get immunity from front running...
"In other words: absolutely everyone who trades risk assets for a living!"
You already said "Senate Staffers", thus this sentence is redundant.
This is worse then the French.
Picture yourselve sitting on the moon looking back to Earth,
Who are the French?
Are we smarter than yeast?
Hey! Leave the yeast alone! They are hard working tireless helpers that don't deserve to be lumped together with those out of control sociopaths. I will never allow their reputation to be sullied by anyone! Now go have a beer and apologize.
Miffed:-)
I would be more interested in a list of the locations, where I ought to stand to make that fiat-shiat rain down own me. But this is a promising start.
Drink the Kool-Aid, the rain shall fall on a sunny rose tinted day.
This means that this whole time theyve been getting tipped off early via email? this is bullshit
"That's why I'm richer than you."
This is the Smoking Gun.
I'm curious about one thing; why now?
The Fed has been doing this for years. Everyone knew that. So why are they pretending to give a shit all the sudden?
Whole thing stinks. We don't know what this about. It cannot be good news.
To stick it in your eye and... Because they can...
Only banks are people, thus the information was fairly distributed and no laws were broken. The government does not prosecute farmers that fail to inform their chickens that they are about to be slaughtered so what's the problem?
the problem is that they didn't receive them earlier
if only bernanke wasn't so slow at typewriting when blankfein and dimon dictate the minutes
Didn't this Gross guy have access to an Outlook or IBM Notes calendar? I'm convinced most government employees are government employees because they realize they couldn't cut it in the private sector. Think Jon Corzine.
Of course they traded on inside information but its not like anyone will get into trouble. It is plainly obvious from the market action that they did so.
They probably just doubled their bonuses for the year....
The new bitch at the SEC and Eric Holder will be all over this ASAP.
Wrong, Holder has already said that he can not take any actions against the banks b/c they are too big and it would cause sytemic risk. Right out there in broad daylight, no need to even pretend anymore.
Even the MSM is having a hard time spinning it lately. NPR for one has has a little bit of truth slipping through lately. Time for Uncle Sam to check on that funding I suppose.
The people are too numb for it to matter. They aren;t getting hyped about S&P highs, and they don't give an eff about fraud either.
the CFTC and SEC only exist to protect the big banks from the small (and insignificant) fry
@Alienated Serf
Yeah, uh, that was sarcasm. We know there will be no prosecutions and nothing will change until the golden horde rushes the canyons on Manhatten or weekend homes in the Hamptons.
I know it was sarcasm, I was replying with an actual quote by Holder that is more ridiculous than sarcasm.
Indeed, someone WILL GO TO JAIL over this.
Probably the guy that let it be known the minutes were leaked early.
Not jail, but he will be given a proper burial at sea by seal team 6.
Make it seal team 7.
Off with the mail boy's head! (paraphrased from Dilbert)
OH all just a 'fat finger' oopsie I'm sure. Nothing to see here, resume panic buying of stawks.
We imprison Bradley Manning for showing the world our government's unflattering, dirty laundry. But when we're stuffing money in the pockets of bankers, we get press releases, apologies, and a 129 point DJIA rally.
The infamous cables showed nothing of the sort. It merely showed how Business is Done, and certainly contained nothing black-bag or serious within it, barring some mildly embarrassing nods to the power of Multi-Nationals (ahem, Shell, Nigeria, ahem MasterCard / Visa in Russia). Put another way ~ there's a few million+ Americans with enough clearance to read the cables every day with their cornflakes, and their contents were certainly available to any decent other Gov. Intel service.
The video they started out with, showing clear targeting of an ambulance with children in was the real deal. Then again, nowadays, if you want the realities of war you just need to pick up where people upload to YouTube / LiveLeak [and others, but let's not spoil those]. Remember, hush, hush, >REDACTED< hasn't been used aggressively by the USA or Israel, "ever" in the last 10 years.
Willie Pete was his name, and I'm fairly sure he breaks the rule of the parties you've been throwing.
Btw; Manning is smeared as a feminine male with transsexual tendencies in the MSM. That's the level of discourse expected to sail shit these days, and it's pathetic. He could be a furry involved in the theft of nutella and I'd not judge him differently. Jump the Shark moment for the MSM there btw.