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Meet The Fed Employee Who Leaked The FOMC Minutes
Presenting Brian Gross, Special Assistant to the Fed for Congressional Liaison, who as Bloomberg reveals, is the person who released the FOMC minutes at 2 pm yesterday. Amusingly, Brian worked as Chief Ethics Officer while he was a deputy staff direct on the Banking, Housing and Urban Affairs Committee. Just as amusing is that according to his LinkedIn profile, Brian is involved in virtually every governmental organization, up to an including the Securities and Exchange Commission Alumni Association.
From LinkedIn
And from a testimonial on behalf of Brian:
Derek V. Baker
Real Estate Agent at Keller-Williams Realty
Brian Gross is one of those rare people that knows something about everything, except he knows a *lot* about everything. His knowledge and expertise is so broad that he is invariably the one you go to when you need solid information and fast. He was an excellent boss and knows how to cultivate employees to reach their highest potential.
January 21, 2011, Derek V. reported to Brian at The Hon. Phil Gramm
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On the surface, this looks like a guy who just got the day wrong....*shrug*
briangross@macroforeheadsRus.com
repeat: world's biggest organized crime syndicate in human history AWARD goes to...........<USA><USA><USA>
"Currently exploring new career opportunities"
I wouldn't say it's amusing that he was Chief Ethics Officer for a bank, I would say it's fitting.
Did you get a nice kick back from that email, Brian Gross? I'm looking forward to the collapse of the Fed.
Mr. Brian J. Gross was also in the middle a scandal to help the FRB evade questions about which counterparties were paid off during the AIG bailout.
http://www.prudentinvestor.com/2010/01/huffington-post-fed-emails-show-d...
http://big.assets.huffingtonpost.com/Dahlgren.pdf
I'm confused about why this is important.
Aren't congressional staffers exempt from insider trader rules, so they will front run the market anyway. There's nothing here. These guys trade on private information all the time, legally.
What am I missing?
Because the Fed minutes were leaked to private trade organizations (lobbyists), who are not exempt.
http://www.zerohedge.com/news/2013-04-10/fed-releasing-minutes-early-due...
Thanks.
I still think this is a huge deal over nothing.
These fuckers have been doing this since before it was illegal. It'll never stop.
YAWWNN!
Which makes it a HUGE FUCKING DEAL!
Will be amusing to watch him use the "ignorance" defense, give his resume...
But of course he will, anyway.....
Now I'm confused - I thought NO ONE was exempt from insider trading rules. Since when do we (formally, officially, in writing) have one set of rule for the elites and another for the rest of the herd?
Not sure if Scott London is a Jew but this effer is def one.
Georgetown law.....that's where sandra fluke goes....they sure are crankin' out the scum at G'town these days.
What a loser
He knows "a lot" about everything except what the fucking date is!
Haven't conducted any analysis but it seems like Jew-bashing is on the rise around here. Are they just paid trolls attempting to ramp down the quality of comments?
It's so tedious...
It makes us all look bad.
Maybe you're just a 'self-hating' white...
or one of those who encourage that phenomena! Please drone on about some other us.
Or come right out with a "Tyler's should ban\moderate\eliminate demand of the usual type of hype, if you feel the momentum's goin your way...
but no whining pls.
The reason assholes like you waste time thinking about regulation is because you need other people to tell you what's right and what's wrong. You think liberty means you don't have a responsibility to control yourself, to practice discipline.
You're a child.
We all can live without your need for regulations to tell you what's right and what's wrong.
You and your skinhead ilk need people like me to practice discipline, use our minds, and stop blaming other people for where our lives ended up. People like me built the Eiffel Tower from iron and sweat. People like you are like locusts, crying about it's other people's fault your life is so hard, and never measured up to what you thought it should have been.... fucking crybaby.
Don't like what's going on around you? How do you fix it? You can start by acting like a man!
Oh, yeah. FYI and BTFW, life is hard.
It was always hard.
It was hard in 10,000 BC.
It was hard in 1000 AD
It was hard in 1780, 1860, 1930, 1990, 2013.
Guess what? Can you guess correctly if life is going to be hard in 21345 AD?
Spoiler alert. It's going to fucking hard. And the world needs men just as hard as life.
Lead. Follow. Get the fuck out of the way. Pick one and be done with it.
what part of "no whining" you no understand Raybo?
oh, and btw, fyi...
"real men" don't upvote their own comment! Pathetic.
No, actually it's comments about 'jewbashing' that are on a rise lately...
comments on 'jews' have always been a part of the zeitgest here...the frequency rises and falls with unknown synergies to other cyclical phenomena...jawing about 'jewbashing' however, seems to be the special concern of certain types who need to make a special effort to show empathy for special interest groups...for reasons know only to themselves...
however it's well known that there is a very high incidence of comments about 'trolls' here being made by 'trolls'...for reasons best known to most of us!
YO Joyful, is that a screen name yo mamma gave ya or is it because you find so much fun in hate!
"Maybe you're just a 'self-hating' white..."
Just an ol drunk irishman here. Ya know, the white niggers that came over here cause they were hungry. You don't suffer from Hitler syndrome do ya?
On the narcissism front he was only ever interested in himself, his own plans and his own proposed ideology. He had an extremely inflated sense of self importance claiming he could build a ‘thousand year Reich’ while he was only ever interested in people he could use to advance his own selfish needs and desires. His relationships with women were also narcissistic in nature, lacking in genuine love and tenderness, they were always focused solely around his desire for personal pleasure which was usually achieved through voyeuristic fulfilment.
The last of the three disorders to make up the syndrome of decay, and yet another that Hitler was considered to be at the extreme end of the scale for, is that of incestuous symbiosis. The host for his obsession was not a person or group as is generally more common but that of the Germanic race who he was passionately and unequivocally devoted to. He was also a sadomasochist who had a tendency to be withdrawn and lacked the ability or feelings of genuine love and compassion. These characteristics did not make Hitler psychotic, just made him a very heinous and violent individual.
Just saying I support your right to be be an idiot and freedom to dispatch venom and hate people you have no control over which obviously must have some relation to your own inadequacies, real or imagined, but don't be offended if I express my right to call you on shit that is beyond even ignorance.
Kinda like the folk worrying about mexican lettuce pickers gonna take all our jobs.
Historically when people could not defend themselves against the enemy they either turned on themselves or those unable to defend themselves to re-enforce their delusion that they are something special. Which of course sets them up for failure cause it ain't jews, blacks, or hispanics that are the real enemy and your focus on them only diverts attention from the real crimes at the top.
So who pays you to turn one agains the other as the corporate/government alliance continues to eat us?
Hey, your're back already, fore I even had time to give you a thumbs up for the last lecture! Kool...
who pays me? Labor o love, dood. I know it's impossible for a minion of the moneychangers to understand, but the urge to save as many of the kith n kin as can be secured from within your sionist Euromerikan Gulag Zone is just a natural character expression of the Europoid people...before your work progressed to the level of success you enjoy at this moment, we hung together more, with shared values and ways of seeing ourselves and others, very different from those you hope to poison the West with now.
Looks like a whole new crop of you have been dropped on the lawn lately. Well, we cleaned the last lot out, I have no doubt that the yard work will enjoy equal success this time around.
Next question? Always a pleasure talkin wit ya dood!
*hilarious how quick you was with the backpedalling designed to make you look less obvious...you guys work in cubicles with a supervisors looking over your screens?
Obvious? No cubicle, no supervisor, no time clock, no backpedaling, no fake wars! Principles formed by street experience.
Lol...did somebody finally tell you to put a sock in it before giving the whole game away? Too bad...twas great!
Fake wars are the talmudist speciality...as is 'dividing people'...
any "streeet" that isn't a dead end would have given you that experience...if you were a genuine resistor...impressive turnout today, but it will die off quick enough...no staying power to your coordinated comment campaigns here.
"impressive turnout today,"
I just saw your postngs and figured it was Humor friday
Hey, thanks for asking dood!
I never tire of telling the folks back in Gulagistan just how Joyous life is again once one slips out of the talmudist controlled west and begins to feel alive agin! Some hear and understand the message...
others. such as yurself, are specially tasked to try and make sure that sane message never gets delivered to whom it is addressed...we'll see just how all that works out...
oh, and about all that 'jewish' pyschoanalytic babble...way too stale, yur gonna have to try a lot harder than that to get traction here. But don't stop...I luv Q&A!
probably paid trolls of the fascists running the country.
nuke those jews from orbit. just to make sure. - ripley (alien #?)
Everything about this guy says "lobbyist."
His loyalties are to making his ego feel powerful and making himself wealthier by manipulation of the system, regardless of law (which is a mere set of formalities for the serfs).
He knows who his masters are, how he personally benefit, and -exactly- what he was doing.
S&P @ 1585.65; Au @ $1569.20
Maybe these numbers do not reflect anything now. Maybe they are assigned by the FED.
I know it's a hackneyed phrase but nevertheless..
you simply couldn't make this stuff up.
30 days hath September....
My mother in law gets her Dr appointments' dates wrong too. She is 90. We don't let her drive. Maybe she could control the important information for history's largest economy.
Squid material
Phil Gramm.....means criminal all the way
First thing I noticed. Between that and his beginnings at A&M, his status as a valuable tool is obvious.
Phil Gramm, the senator who converted the USA into one big Enron.
"He's always willing to rise above principle. He's got every quality of a dog except loyalty."-- Dave McNeely, political columnist for the Austin, Texas American-Statesman
In Bailout Nation (Chapter 19) Barry Ritholtz assigned number three to Phil Gramm for his importance into unleashing the crisis:
Who are the "100" [or so...] on the list???
2 from each state, silly.
I mean, how many of us have gone all day Tuesday thinking it was Wednedsday?
nop... just you...
I've gone all day Tuesday thinking it's Monday. In fact I have had quite a few weeks of ALL Mondays.
Which Saturday do we have today? Ah, I see, it Wednesaturday ....
There is no stronger endorsement one person can get other than a Keller Williams Realtor.
something tells me this guy wasn't breast-fed as a kid...
Depends on what time I start drinking.
YOu mean it ain't tuesday? Fuck Im late to pick up the ol lady
so... he was a director... than he was promoted to assistant...
WHAT A CAREER GUY!!
He can join Bernanke's party at the nearest lamp post.
19 years with Phil Gramm will do this easily. Probably knew his wife very well, learned the tricks of the Futures.
The only person I detest more than Phil Gramm is Bill Kristol
John Yoo
He just deactivated his LinkedIn Page.
It's not needed to be hired by Sacksman Gold.
A new record! He must auto-refresh ZH more often then Kevin Henry.
Anyone have the email address for Mr. Gross? I wanted to invite him to connect on my professional network and start asking him if I can be on the Leak List.
I love that all these fuckers have LinkedIn pages. Bernanke probably has one that details his expertise in collecting Skittles shat by unicorns.
I get invites to linked in all the time. Half the fuckers I don't know and the other I wish I didn't. What a ego massaging trip.
An insight to dweebs fucking up this country. I will bet there are 100's like him.
Staff Counsel to the Hon. Sen. Phil Gramm.
Nothing will happen to him.
Except he will definitely make more money in the next job.
Nothing except for a keel hauling under Benny's massive desk and a long pause to kiss Benny's not so massive...
Nothing except for a keel hauling under Benny's massive desk and a long pause to kiss Benny's not so massive...
I hope his tie gets caught in the revolving door on his next trip through it, and he breaks a nail, or something equally hideous.
Can't blame him.
I keep getting the year wrong ... keep thinking it's 1984.
i'll meet you out in the woods later if I am not accused of FaceCrime....
Sure, there's just one cockroach. And my aunt has wheels and is a bus ...
Does he share an office with Kevin Henry?
TIME TO FUCK HIM UP WITH A WET TROUT.
The man is certainly qualified to leak.
Hey Brian -
watch your back you fucking sociopath banker bitch...
AND YEAH, I SAID IT CIA, FBI, AND THE REST OF YOU MOTHER FUCKERS....
You should not hesitate to certify your statement by showing your bare ass to the drone that's guaranteed to hover over your homestead soon :-)
DONT MATTER...
AINT SCARED...
fear- the live blood of slaves.........
Don't care if it was an accident or malicious intent, job one is show him the door. Investigate afterwards and bring charges if warranted.
IN THE PRIVATE SECTOR PEOPLE HAVE BEEN FIRED FOR MUCH LESS THAN THAT !!!! LUCKY YOU, YOU WORK FOR THE GOVERNMENT'S FED...
"CHIEF ETHICS OFFICER", LOVE IT !!!!
I take it the "ethical" part was releasing it to the sheeple at 9 AM? Rather than when they announced the "mistake?"
Fuck the Fed and their supersecret manipulative bullshit.
Incompetence at the Fed runs fairly deep it would appear.
Interned at Goldman. He erased that part of his CV however.
All that experience, and he only received 1 LinkedIn recommendation!
If he can bake bread, build a house, play guitar, or hit his driver 300 he might have a chance to impress, but otherwise, meh...really boring bureaucrat.
I am still trying to cypher out how the Minutes-- the record of the meeting-- even existed before the meeting took place.
You mean to tell me it's a fixed game?
Say it ain't so!!!
LOL
If the FED manages EVERYTHING why would they not manage their own meeting "minutes"?
Sure. Can't disagree, and it seems that is what Mr. Gross was pointing out with his leak.
Usually, before a meeting, the attendees get the Agenda for the meeting, but when the Minutes are also presented as a "finished script" before the meeting, well... hell... why bother having the fucking meeting at all? They can just write up fuck all, put it out at the prescribed time, watch some "Spongebob Squarepants" episodes, have a little nap, and call it a day.
"I love SpongeBob SquarePants." - Ben Bernanke per FMOC minutes just before nap time.
BWA-hahahahaha!!!!
The word you're looking for is TEMPLATE.
Though in actuality, the meeting was 3/19 - 3/20.
Do you think they will Bradley Manning him for leaking and all?
Silly Tebow.
Obama is gonna give him the Presidential Medal of Freedom, not water board him. :)
I stand corrected.
Besides....it was an inadvertent leak. Something that happens to me all the time when I forget to put on my Depends.
Your right, not all leaks are created equal.
reminds me, I have to pick up more saw palmetto
Don't forget to mention the presidential cufflinks ;-)
"His knowledge and expertise is so broad that he is invariably the one you go to when you need solid information and fast."
No need to go to him, he'll come to you.
I read that recommendation and just spit water all over keyboard.
hillaryous
How much did Brian Gross Net from his insider trading activities????!!!
It is nice that his mom recommended him.
OMG!! He worked for Phil "the traitor" Gramm during the Gramm-Leach-Bliley and Commodity Futures Modernization Act of 2000 scam legislations. This guy is a total turd.
Can't wait to see this as the leading story on all the MSM network news tonight! On second thought....
Staff Counsel At The Honorable Phil Gramm.
I'm assuming that this is the same Phil Gramm who chaired the Senate Finance committee and help Bob Rubin and Larry Summers ram through the destruction of Glass Steagall?
This guy is wired into the highest levels of the Kleptocracy.
Why hasn't he been FIRED?
This guy is indeed gross. How apt.
I loved the "guest" they had on CNBS whose name was Keinhertz!
how much it was leaked for, is teh question
Now, do you finally understand WHO is running this SHOW? And which judge, politician, or patriot for that matter is going to take them on single-handedly!!!!!! Not one, that's who! Ron Paul tried...but failed because WE failed him!
Call me jaded but this is ridiculous. Don't you ever get the feeling that some of the big banks 'know' what the Fed is going to 'release' ahead of time?
"Leaks" simply makes it convenient to argue that there is secrecy / level playing field. Bullshit. Ain't no level playing field. Fuck this guy and his cronies.
What a friggin dweeb.
Jesuits, Bitchezzz!
FED responds to email:
Thank you for your recent correspondence to the Federal Reserve Board regarding the release of the Federal Open Market Committee (FOMC) meeting minutes.
The minutes of the March 19-20 were released at 9 a.m. on April 10--five hours earlier than scheduled. The reason is they were inadvertently sent early to a list of individuals who normally receive the minutes by e-mail shortly after their usual release time. The individuals on the distribution list--primarily congressional employees and employees of trade organizations--received the minutes shortly after 2 p.m. on April 9.
Again, we thank you for writing.
Sincerely,
JPD
Board Staff
Many thanks to Tyler for the very rare peek behind the curtain.
Brian's political donations?
http://www.opensecrets.org/indivs/search.php?name=Gross%2C+Brian&state=V...
Go Team Blue!
Curious why the Dow Jones Industrial Average just hit new all time highs? Here's a partial list of recent economic events:
Funny that he has 491 connections but only one person recommended him...
Wonder who the one person was? Chairman Ben?
you took the words right out of my mouth!