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Hacked CNN Reports "China Dumps All US Bonds"
It's one thing for the Comedy News Network formerly known as CNN to announce the opposite verdict on Obamacare as breaking news or that the TV studio formerly known as the NYSE is under 3 feet of water (based on what it saw on Twitter). It's something else entirely for it to report that China has declared semi-hot war on the US (unless of course CNN is merely reporting tomorrow's news today).
This is a cached version of a CNN website that appeared one short hour ago.
Luckily this time it was merely a a hack, as can be seen by the "article's" subsequent deletion from the live page and CNN's mea culpa:
- CNN SAYS SOME OF ITS SOCIAL MEDIAL ACCOUNTS WERE COMPROMISED
- CNN SAYS COMPROMISED ACCOUNTS INCLUDE TWITTER PAGE, FACEBOOK
But perhaps more telling is the complete lack of market response to even the hacked article, so different to the AP hack from last summer when the market plunged if only briefly following a hacked AP tweet. Just goes to show how irrelvant the once upon a time only news network has become.
h/t @rosswernej
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< Hack?
< Time shifted warning from future me.
Anyone else terrified of the day when HFT's can't figure out it was a hack? Or when they understandably confuse The Onion with real news?
HFT bots know everything that is on CNN is faked.
Puss Morgan just started crying "mommy" on air..........and asking for his guns back
CNN has a website? Huh. Who knew?
LMAO
The first time I read the headline, I missed the word "hacked."
I'm still cleaning the beer off my screen...which I violently spit out in shock.
Did anyone see contrails off the west coast rising up from the sea? No? Phew!!!
Must have been fonestar.....sucking balls.
So would this mean the Dow rises 200 or 300 points? BTFD or BTFATH?
Must use the same security company as Obamacare and Target.
hmm.. I seem to recall a plume rising up from the water on the west coast off of L.A, that was explained away as a contraii...
I don't F'n'think so.
http://live.wsj.com/video/mystery-missile-shot-off-the-coast-of-california/0A9122B7-8B6C-4760-A40E-A70887771593.html#!0A9122B7-8B6C-4760-A40E-A70887771593
Neither did a former deputy secretary of defense:
"KFMB, a local CBS station, took the video to former U.S. Ambassador to NATO and former U.S. Deputy Secretary of Defense Robert Ellsworth, who called the launch "spectacular" and confirmed that indeed it was quite a large rocket. He also said it didn't appear to him to be a Tomahawk missile. He did speculate that with President Obama touring Asia at the moment the launch could have been a demonstration of an ICBM to show military might."
SLBMs, Snowden (surfaced first in Hong Kong, then successfully departed for Russia), Senkaku Islands.
Mark Faber said the next war will have already begun years before the average person knows it.
Didn't the SLBM launch occur when Obama was in Asia, just days after QE2 was announced?
Who the fuck is CNN?
I knew it was a hack, CNN would never speak the truth, especially a scoop on that truth.
Yellen's balance sheet would be swellin. Just keep printing moar!
You didn't hack that !
China dumps all U.S. bonds.
U.S. dumps many bombs.
Paul "When Mars Attacks" Krugman enthusiastically cheers global, window breaking war on!
You can tell it was a hack because no one paid to have the story placed there.
China dumps bonds - Yellen buys them all!
100% confident.
However, things might start moving at that point. Ha, at least you can rely on your vasalls, uhm, allies!
CNN sets standard for forward guidance...ha!
How did that report come out? I thought CNN just layed off everyone.
We're moving FORWARD.....here's your pink slip.
I instantly Alt-tabbed to check the gold price. Nadda.
Only than did I notice the word "hacked"
Nice thing about official numbers is they are whatever officials say they are. How do we know this is not already underway?
It was november 30th a couple of years ago...
Wish this were all true and maybe will happen in the future.
Anyhow, the fact that we cant rely on anything we see on the internet anymore means that one day we will just treat any event with a grain of salt because we assume its just a hack. Well one day it will really be the TRUTH and we, the sheeple, will be just be so unprepared for it.
China would never try to get out from under the US Debt in such an overt way. Unless they were just bluffing and stood to gain billions from taking the otherside of the trade for a quickie.
or, someone is trying to tell/show them what to do...
"once upon a time only" jockey B bitched to Jockey A: "Whythefuck you whip my horse for?"
Jockey A:"Sht man, it's time to move pass them fuckers before the stretch..."
Once upon a time only (?)
This is how they will return our bonds.
"Tragedy today as former President Gerald Ford was eaten by wolves."
"He was delicious..."
http://www.youtube.com/watch?v=SkhwiuRbOEE
Did i read right? - 'China takes a dump in the south sea?'
It's fortunate that the entire combined audience of CNN, MSNBC and CNBC only reaches double digits.
CNN has its lowest ratings in 30 years. They don't even crack 99,000 viewers in PRIME TIME!
Aw geez, what kind of BS is this?
Next thing you know some clown will be claiming Obama’S SSN is NOT from Chicago or Hawaii or that he was a foreign student at Harvard to get free education or that he came into Columbia University as an Indonesian or some other idiocy like that.
F’n crazy talk.
Crap.. like he would claim to seek out Marxists, or smoke choom, or snort coke, or claim his Muslim religion or embrace a crazy Liberation Theology idealoguge preacher and have his Amazons babtized by him or something stupid like that.
Get real.
hmmph..
at least he will have +200 rounds of golf by the time he retires to the luxurious property adjacent to Oprah on his adopted homeland.
Hah! Manthong, good summary of why it has become so difficult to "get real" in a world so totally dominated by runaway lies that there is very little which remains which is not lies, and satires seem more accurate than the mass media.
When I first glanced at this article, my understanding of "hacked" was that CNN had a story which they were suppressing, but then hackers had been able to access it, in order to reveal that story. ... (I suppose that suggests something about myself, but I do not know what.) However, fortunately, the Chinese do not seem, as yet, to be rushing to commit suicide, although they appear to enjoy dancing along the precipice more and more, like Russia and the USA have been doing for decades.
Meanwhile, I have a hard time imagining how the Chinese expect to gradually finesse dumping depreciating American Treasury assets, without triggering some runaway social insanities on a global scale. It is quite the tightrope walk to try to not fall off on either side! Therefore, I would not be too surprised to learn that they had slipped off, in one way or another, within the foreseeable future.
:-)
They do not care about about their dollar reserves anymoar....
they have about all the "precious' that has been spooled into the market by the fools at the Fed and their cronies.
When I first glanced at this article, my understanding of "hacked" was that CNN had a story which they were suppressing, but then hackers had been able to access it, in order to reveal that story...
Yeah I understand.
Perhaps you remember the report of the collapse of World Trade Bldg #7...30 MINUTES BEFORE IT HAPPENED. Amazing that they knew the result. They must have some clairvoyants working for them, right?
Perhaps you remember the lengthy in depth stories published mere minutes after an FOMC Statement..
Yes I do understand.
I know someone who is a sound engineer and works for ABC and the UN. The news agencies actually do this. No joke.
Isnt this the new Jack Ryan movie?
..at least an onion in the bush is worth two wishes in the twat.
WTF.. somebody out there with the negative wavelenghts?
eat it.. :-)
moriarty at it again!!
http://www.youtube.com/watch?v=Xyh-JpWdGmQ
Damn my time machine broke...
Thats some funny shit right there, I don't care what anyone says.
The Carnival Splendor lost all electrical power that same day (Nov. 8th) was to be towed to Mexico (closest port) but then the Navy had it towed to San Diego.
"The first time I read the headline, I missed the word "hacked."
Same here but this headline is real...
China bank chief shuts door on burned investorshttp://www.cnbc.com/id/101359149
..coming to an unsecured ZIRP loan (AKA : DEPOSIT account) near you soon.
Oh Lord, if only it were true....if only it were true!
The article was actually placed there by the CNN News editor. Afterwords he told one of his investors: "See. I told you no-one reads anything we print anymore."
Yep, this is no different than all the whoppers they tell every day!
Chinese hackers?
The whole Syria script failed to capture the imagination, interest and fear of the audience. A real flop.
China, Japan and the USA. Well fuck, man, that is how you get asses in the seats.
Actually, speaking of Syria, Variety magazine notes an attack on CNN by the Syrian Free Army, and said they posted about Al Qaida and the CIA. They don't mention anything about China.
Possible that two different groups hacked CNN in one afternoon?
http://variety.com/2014/digital/news/cnn-hacked-by-syrian-electronic-army-1201068785/
TPTB must be getting nervous and throwing more trial balloons out. Exactly why the e-minis are higher on this "news".
Shit-storm's a-coming
BWAHAHAHAHAHAHAHA!
CNN's hackers can't even get that right!
The real headline should be that Chinese HACKERS dump all of Target's Corporate bonds on the Fed.
It was called "Hack 'N Sack" back in the day, when banksters used to dump stories on the ticker in order to make a killing on the market.
Poor ol' CNN, they were used and even this B.S. couldn't rouse a response. No one even bats an eye!
Oh-h-h the humiliation!!!
*deservedly so*
One would think they would be embarrassed..., but no!
That is exactly what they might do first: dump the corporate bonds then dump the US bonds. Beautiful.
The logic doesn't follow.
So they dump bonds causing a glut and the price to fall. People buy them or they don't. Rember we are taking about the 2nd market. So if they get bought, the new owners got a fire sale and the resulting high yield. Bully for them. If there are no bids, they don't sell and the Chinesse still own them. Bully for them, but now they are naked.
OK you may say, but with so much paper out there sloshing around with higher yeilds, what's going to happen at the next Fed auction? I'll tell you what: same as it has been. The Fed will buy what it needs to buy and not a billion dimes less.
Can anyone tell me one way in which a fire sale hurts the Treasury? I understand that corporations may not fare as well, but Auntie Janet can buy any kind of paper she wants, so there is backstopping possible there too.
You cannot be serious...
It would spike Interest Rates immediately. That would cause a massive imbalance in the CDS markst and be more than enough to implode the $700 Trillion to $1.6 Quadrillion Derivatives Markets. It will crash the entire World Economy with one action.
(China does not care as they have already planned for an exit. They have been buying the Gold.)
That would not hurt anything whatsoever..../s
It would spike interest rates and do as you say if we had an orderly and non-controlled market. But, if the Fed now buys 60 - 70 - 80 or even greater percent of Treasury notes sold at the primary auction, why not 95, 99 or even 100% of them? And oif they are buying that many, they are setting the price and interest rate paid for fedearl borrowing.
And the commercial paper is tied to the window policy. You think zero is really a lower bound when Aunt Janet can amp up the buy on any paper she wants?
Seriously yourself. Provide me one limit or barrier that they face which stops them from doing this.
Speculation: what if HFT bots read only The Onion, and are simply on a one-million-second time delay?
Breaking News: Justin Bieber Deported Back To Canada!
This is surely the apocalypse.
If you like Bieber, you can keep him.
I have no idea who would down vote that...lol...maybe a Canadian ;-)
guilty as charged
lol...well, the apocalypse has to start somewhere.
Better there than here ;-)
I was SOOOO hoping his bold text was a link to the story.
But at least you aren't France, which is nice.
Maybe we can get together and send him to France where they'll take away 75% of his money just in income tax...Here it's only 65% with federal, provincial and municipal taxes
Here's how MSNBC handled the Bieber arrest. Classy.
Priorities are crystal clear at MSNBC.
"Or when they understandably confuse The Onion with real news?"
As strange as things are getting today, that might not be so far fetched.
Remember that line from Men In Black where they get the real lowdown from reading the National Enquirer?
Yeah, Iam_Silverman, it is quite surreal that about the only time the mass media movies describe the political realities more accurately was after they set up a parenthetical situation where the person telling more that more radical truth has been set up to be apparently crazy, and raving ... wherein that person is briefly allowed to describe the actual social system more accurately.
"The Dictator" is a good example of this.
Often times the onion is more real
This was meant to be released tomorrow. Oops.
The story has what is called an EMBARGO. Which means it wasn't suppose to run until February 2nd at 12 noon. So they had to pull it for now. :} It won't be official until Erin Burnett comes on with a Breaking News warning.
This was a warning from the Chinese government, delivered through chinese hackers. "Back off, or this might happen..."
If only CNN had a journalist or two.
http://www.ft.com/cms/s/0/465288de-840a-11e3-9903-00144feab7de.html#axzz2rIjvQ3fX
Exactly. There was no hack. This was a prepared article that accidentally got posted early. They meant to post it right before WWIII breaks out. Stay tuned.
If the story were true, then Gold would be way over $ 2000,- by now
I for one welcome our new Chinese overlords...
I can't argue with that, I'm tired of McCrap fast food.
Here kitty, kitty, kitty....
Changing overlords means you still have an overlord.
Besides, as is often the case, the devil you know is better than the one you don't.
Come on man, have you even seen the sun in those cities there?
Like all pussy, the moar ya eat, the hungrier ya get! ;-)
Just make sure you floss between meals.
Nobody wants to see you walk around with a pussy eating grin all over your face.
NMEWN: "Once you get passed the smell, you've got it half-licked!" (Hoser)
A nice hot bubble bath works too, ehhh? ;-)
Just think of the carry out options...moar crab rangooon!
Got me all HOT & EXCITED thare for a sec!
good thing no one watches cnn for news
What do people watch it for again? To see if Anderson's scar ever moves? I dunno.
Nothing blows up behind Blitzer=white noise=zzzzz
I turn the sound off and undress Robin Meade several-times in my head. Each time I go alittle bit farther then alittle bit farther.
it seems to me that old people choose fox or cnn, and watch their 'choice' religiously. ymmv
Are they picking up Kim and Team for season 9? Fuck CNN.
How many of their 12 viewers actually saw this?
12? You're a generous man BudFox.
sorry to down arrow you. I wholeheartedly agree, but I can't help but notice when I go against the grain and up or down arrow someone, only one, and EVER only one, point appears on the opposite side too. I am testing a hypothesis.
pro tip: you can always change your mind after you selected an up or a down arrow.
Can not, neither. I gave you a down arrow to see if you were telling the truth, and it wouldn't toggle off.
Never mind (pronounced like Roseanne Rosannadanna). I figured it out. Got it in under 11 minutes, too.
Well I'll be damned...
This is true, I just tried it out! Hate it when I fat-thumb the wrong arrow!
One more protip: when you up or down-arrow a post what seems to happen is simply that both the upvote and downvote count for only that post is refreshed. All the other votes that appear actually happened since you loaded the page but before you voted. You can refresh the page and immediately up/down vote a post and chances are only your new vote will be added.
Well it was lunch time somewhere at another CNN office. Might have been 14, maybe even 15.
At least their 12 viewers that can access the site at the same time.
In other news...China buys all US gold
"and delivery fails yet again." Doesn't China have its own news division(s)?
oops two that time
What gold?? Fort Knox and the basements under Manhattan are full of IOUs
"China buys all US[-held German] gold"
with US treasury bonds...
We actually have gold? Err had?
LOL schwing-HO, bitchez!
That'll be the day.
PS why does everyone forget Taiwan? That's what they'll take when they get frisky enough.
I agree fully. The South China Sea though important, but kinda like a fake to take taiwan. They Want that Back. Got Hong Kong, the last prize is Taiwan.
Ma, in Taiwan, is a China stooge (coached, er, educated at NYU, for those who know what I mean). The puppetmaster will play that piece when he is ready.
Ma is a China stooge. I wonder who is the KMT or CCP fuckface that downvoted your comment.
Drop that one at 3:30pm on a random Friday and watch the fireworks. Nobody outside the US pays any attention to CNN. Scratch that. Nobody pays any attention to CNN, period.
Better do it now while there is still Gold to be bought! AAA rated, its totally laughable!
Anderson Cooper saw this, sold all of his equities, and started stacking hair gel for the coming meltdown. Gel, BITCHEZ.
Anderson Vanderbilt is long on personal care? Who'da thunk it...?
During college, Anderson spent two years as an intern at the CIA. Huh? Who'd have thunk?
But the CIA's not like the mob, or anything, right? Its not like, once you're in, you're in for life, right?
& but butter
OK, 2 seems to be the max counter movement. Sometime 0, Sometimes 1. Never an agreement though.
crappy algorithm if you asked me.
If others have voted since the page loaded then it will update with their votes also.
And because you're clueless, we don't ask you.
MY GOD ! ! ! ! ! !
What should I do ??????
What should I do ???????????
Bond market never flinched.
Ho Li Fuk
Sum Ting Wong
Wi Tu Loa
Now this would be funny if the robots got hold of that headline during trading hours.
Could you imagaine if this happened when the markets were open? All hell would break lose.
Maybe someone could hack into the CNBC website during market hours with the report: "Yellen: Fed to end QE; Cut size of balance sheet in half by end of year".
The question is who did the hack and why that headline and why now?
That is an interesting question. If China wants to cause some trouble they could have done this as a kind of trial baloon to test initial responses.
We've had some interesting rumours in the last few weeks.
1. Allied Nevada mining to be bought by Chinese firm. Turned out to be fake.
2. India to lift ban on gold imports. Turned out to be fake.
Someone is having fun or someone is testing reactions.
Shock testing, for their computer models, IMO.
"The question is who did the hack and why that headline and why now?"
Who is Guccifer, and for revenge?
I'll take "Speculation and Conspiracy Theories" for $500 Alex.
YOUR SPERM, YOUR RESPONSIBILITY!
You know damn well that the guy just wanted to witness firsthand a little rug munching threesome.
Wow, a warning shot from China.
What if it is a real warning shot??
Don't worry. Obozo will pass a law making it illegal to dump US bonds.
Ticks don't voluntarily stop sucking a dog's blood. China won't just suddenly stop sucking the US dry.
Mutually parasitic relationship, like Congress and the FED
A CNN [Communist News Network] newly unemployed disgruntle employee hit the enter key. Just my guess.
/LOL
Bond markets may not have moved on the bogus headline, but repatriation (Asia) trade is in full swing:
0128 GMT [Dow Jones] Investors took cash from emerging-Asia stock and bond funds for the eighth straight week as of Jan. 22, according to EPFR data. A total of US$1.4 billion left such funds--more than twice the US$671 million of the previous week. A worsening political situation in Thailand "no doubt" contributed to the increased outflows, ANZ says. "With sentiment towards emerging market assets still poor we can expect further outflows to come," ANZ adds.
How do i raise capital by selling it? (see comment below.)
Even if China did put all Tbonds for sale, the Fed could just buy them. No big deal.
It's not that way in a dump. When you have a dump, especially of this magnitude all bids dry up. Panic selling would ensue, and overwhelm the fed. If the fed where to try and buy it all up you're talking about an instant currency devaluation.
Believe me, if this were to actually happen it would be bad and tantamount to declaring war.