This page has been archived and commenting is disabled.
Relax! SEC's Mary Jo White Says "Markets Are Not Rigged" - Live Feed
During her testimomy to the House Financial Services Committee, SEC's Mary Jo White confidently proclaimed (despite her questioner doubting her beliefs):
US SEC CHAIR MARY JO WHITE RESPONDS TO MICHAEL LEWIS BOOK IN TESTIMONY, TELLS CONGRESS "THE MARKETS ARE NOT RIGGED"
"Investors should be protected from shisters," blasted the committee member, as he took White to task..
»
- 17524 reads
- Printer-friendly version
- Send to friend
- advertisements -
Can you see the stick up her arse? And the bankster in the corner throwing his voice?
She's kinda cute.
She was great in Poltergeist.
http://www.digital-polyphony.com/poltergeist-11258.jpg
WTF is this circus act?
We can all relax now...
say many words without saying anything. fuckers trying to get a soundbite to take back to thier sheep. #riggedgovernment #riggedeverything
Why LESBIANS?
Gay president. Gay nation.
Saddest part is that she actually believes that....
lying under pressure is tough
It isn't true until it's officially denied.
Looks like Adolfs granddaughter. ...she looks like she knows her way around a strap on
She is every bit as attractive as Donna Shalala.
Only a week person attacks the person and not the debate/argument.
A "week"? I only have a minute.
I don't like B.O. just because he has big ears.
Politicians and captured regulators are FAIR GAME. No holds barred.
Brith name: Joseph White aka Jo White.
Stick 'Mary' in front so people go easy on him.
Any jackhole --- or American traitor scum --- who dares utter such bullcrap should be taken outside and immediately strung up from the nearest lamppost.
This is one totally dishonest and complete fucked up jackhole, in charge of the DOJ legal team which originally went after Enron in the early 2000s; no wonder they took so long to do so little!
A complete Wall Street fraud, and yet another perfect reason to:
ARCLIGHT WALL STREET ! !
"She was great in Poltergeist."
As well as this classic:
http://www.youtube.com/watch?v=QhjRUKCKIG4
"This market is clean".
She likes to ride the mushtasch... go ahead... have fun!
Pods you have spent way too much time at the lake fishing by yourself.
Last time I saw a mouth like that it had a hook in it!
<hat tip> RD
for a toad
Janet Reno and Dennis Kuchinich's love child?
Janet Reno Dance Party!!!
<couldn't find a decent video>
Founding Member, Tongue-In-Groove Club.
Her and Yellen got a BOGO deal on bowl cuts. Meanwhile Bill Gross is lamenting that he doesn't need the competition for "sweetest monastic hairdon't."
OMFW.
That is the BEST FUCKING COMMENT SO FAR.
Congrats, sir.
Shit, that's Janet Reno's ugly sister.
Yeah, cute in a Super Mario Brothers goomba kind of way.
She's like Mo of the Three Stooges. Anyone old enough to remember them?
+1 you are refering to the Belgian members of Parliament when this whole child molesting and child porno investigation blew up in their faces, right?
We had King Ludwig who was drowned with his lover because nobody wanted to keep paying for his eccentric lifestyle. Where is your pd King now?
I am pretty sure Neuschwanstein has paid for itself 10 fold since its construction.
21th century technology, 19th century business model, priceless
What an amazing amount of blather.
Fred Sanford said, "There ain't nuthin uglier than an old white woman."
This isn't testimony, it's a job interview.
dingdingding! We have a winner!
Ding ding ding....We have another bank runner....
RBS head of forex in Europe takes 5-month sabbaticalBY JAMIE MCGEEVER
LONDON, April 29 Tue Apr 29, 2014 10:55am EDT
And then the Chinese moved into Turkish banking system....
Industrial and Commercial Bank of China Ltd has agreed to buy a 75.5 percent stake in Turkey's Tekstilbank for $316 million, as the world's biggest lender seeks to benefit from the rising trade between the two countries.
Meanwhile, in India, 18 people with illegal foreign bank accounts were finally thrown under the bus and are now at the mercy of India's Supreme Court. While LGT bank in Liechenstein will suffer consequences of lower business and client withdrawals beginning right about now...
Govt discloses names of 18 persons in black money cases to SCHAHAHAHAHA!
she's right. there is no market, therefore how can it be rigged?
blah blah blah blah blah blah
blah, blah, blah . . . .
Yeah I thought the same thing & didn't bother to watch it all
Why do I waste time watching this kinda dribble, when I know the outcome of it will be nothing but a b.s. white wash that does nothing ?
There is no 'represenation' and there is no 'regulation' (for the purpose of serving the American People, that is)
"The markets are not rigged.........as long as the SEC fees are paid." MJ White
Dude looks like a lady, 0 credibilty.
Sick of these swinging dicks posing as aunt Bea from Andy Griffith telling us all is well.
Ethnic groups and old ladies does seem to be a recruiting theme.
"If we hit the public with P.C., maybe they won't ask probing questions."
Any criticism these days is: sexist, racist, homophobic, politically incorrect, anti-semitic...
Look at the Supreme Court judges. Look at who is running the FED and SEC... Look at who they put in the White House... A misnomer if there ever was one.
The public is scared shitless to ask anything
Blacks won't question gays, whites won't question blacks, feminazis won't question blacks, men won't question feminazis and so on.
Divide and conquer. Confusion and submission.
That's why guys like Sterling slipped up. He didn't make a slur, his ego got the better of him. He's a jealous man who is afraid his hooker will fall in love with black dicks. Simple as that. He's not a racist, he's just a man with a complex.
The fact however that it gets so blown out of proportion is another nail in the coffin of America. It's a disgrace how the man is put on display and of course the Blacks with a minority and eternal persecution and discrimination complex are all over that.
Grow up already, Niggers! (Capital N because I respect the word)
We're all fucked, black or white.
Yours truly, Cracker Ass
SEC CHAIR MARY JO WHITE RESPONDS TO MICHAEL LEWIS BOOK IN TESTIMONY, TELLS CONGRESS "THE MARKETS ARE NOT RIGGED".
DavidC to Mary Jo White - Yes they are.
DavidC
SEC CHAIR MARY JO WHITE: "THE MARKETS ARE NOT RIGGED"
[laughter]
SEC CHAIR MARY JO WHITE: "Hey, I was able to keep a straight face til you laughed Jeb"
CHAIRMAN JEB HENSARLING: "Sorry, I love good comedy"
Images of the Iraqi Information Minister waft through my head.
Follow Nanexllc on Twitter for live refutes from Eric @ Nanex.
CAPTURED ! Oldest profession
Really? Who'd touch that woman with a 10 ft barge pole let alone pay for it?
Counterfeiting is the rig.
The Federal Reserve is the shister.
Control the bread, control the circus.
America the Corrupt!
Right, and the Fed will "not" monetize the debt either...
WTF? Is being FUGLY a requirement for this administration???
The men are handsome the women are well you know... less desirable. Should give you a clue about the Chief himself.
Ever noticed the ugly bitches hanging with the fags at the Clubs?
I don't think the men are all that great either. Keebler Elf Turbo Tax Timmy, Sean Donovan (HUD) and the other Rubinite floatsam and jetsam are 1-2's on a 10 scale (and I'm being GENEROUS here).
And we're supposed to believe the SEC??? Now that's a bunch of junk we wouldn't touch and we certainly wouldn't let her touch our junk either.
The Russians have a saying about government.
Never believe a rumor until it is officially denied.
The Russians can teach Americans a thing or two about how to read and interpret government propaganda. At least the majority of Russians know it's all bullshit when it comes from Radio Moscow.
Here in the States, the people still think that any of this has any authority or truth to it.
Time to ignore the noise and go dark.
Committee member: Are markets rigged?
MJW: (think think think) No.....(what is the script, oh).....terror...ism....er....children?......ah...confidence....... accountability.......investigation.....stuff........oversight........children (yeah! that always works)....
Bwahahahahahahahahaha... Oh that's funny.
S.E.C. in back pocket of banksters!
Back pocket? I thought they were positioned at the trouser fronts?
Been in the USA 30 years, stil looking for freedom.
Any tips?
Freedom's just another word for nothing left to lose.
Hang in there.
Seems like you're only getting the tip.
Relax.
re Any Tips?
Yes - stop looking
yeah! kick the guys in the nutz who told you Amerika was free!!
Just drink.
Fucking liar!
That's because Mary Jo has bet her money with the shysters...oooops, I meant the house.
A greenie for you < for knowing how to spell ' shyster ' >
Why would the propaganda networks make an effort to use the incorrect spelling of shyster?
Shyster rhymes with Shylock.
Ummm...I think they forgot the 't' in that one. Shitster
Do only 'Lord of the Rings' oblivious wierdo types get promoted to key significant positions nowaday? Somebodys got to fired her little furry butt outta der! Man o man what a pile of steamin' turd!
Well in fairness she is right, how can the market be rigged if everyone knows that all it does is go up?
Its free money.
Looks like Moe Howard on a "bad-hair" day
An important statistic is $4.25/gallon for 87 octane gasoline in the SF Bay Area; and that is at the cheapest place in town. The long, slow squeeze of the working poor continues unabated and, with the current regime in place, hopeless.
A wise armchair scholar of history, with a concern for his family and friends, has given up all hope by this point and should be securing his property. I personally gave up on it when The One appointed Rahm as his Chief of Staff.
Meanwhile, enjoy +2 more years of lesbians (the unattractive kind) wagging their fingers in our faces and peering down their nose at us; with storm troops lined up behind them. That is the new Amerika.
You literally just described my day yesterday at my son's school after I was ordered to show I.D. to pick him up
Phew....glad she explained it
Time to hook somebody up to a lie detector machine!
Don't many prisons have electric chairs that are no longer used? I think as a courtesy to bankers and their puppet regulators we could hook these up to lie detectors and strap them in when they are questioned. A nice pairing like a Reiseling with arctic char.
Yes, old sparky, the truth-teller.
As a shyster, I object to it being misspelled "shister".
I think they meant 'shitster!'
Has anyone really checked under the hood on this....."woman"? What kinda hardware does this person carry?
besides being beyond butt ugly and, only a face a muther can love, IS IT A TRANNY? MALE? FEMALE?
Pat?
I think this is a govt conspiracy. GMOs are beginning to show up in the strangest places.
At first I didn't believe it, but she is so darn convincing.
OK, that's #2!
Talk about a troll! Let's not beat around her furry little bush here. HFT = Front Running. Pure & Simple! Enjoy!
They are only rigged, when stocks go down.
http://video.cnbc.com/gallery/?video=3000267133
Another episode of the Comedy Hour at taxpayer expense. Government for the crooks, by the crooks. They need to pass a resolution specifically stating that the markets are not rigged--quietly.....That makes it official. Corruption, hypocrisy, revolving door, the best government money can buy....
"While Congress might be stuck in a deadlock on just about every issue imaginable, there’s one piece of legislation that both Democrats and Republicans hate unanimously: the Stop Trading on Congressional Knowledge (STOCK) Act, a law passed last year designed to prevent insider trading among lawmakers and government officials by requiring them to post disclosures of their financial transactions online.
Both parties and both houses of Congress hated the disclosure portion of the law so much that it was repealed on Friday without debate—the measure was sent to the president by unanimous consent. The ordeal took about 10 seconds in the Senate and 14 seconds in the House, according to official records.
The STOCK Act would have required members of Congress, their aides, and other federal employees making more than $119,554 a year to disclose their financial dealings in an online database. It was supposed to prevent government officials from using insider knowledge about policy-making to profit from stock trades and other investments.
Upon the signing of the bill into law last year (pictured above), President Barack Obama said, “The idea that everybody plays by the same rules is one of our most cherished American values. It’s the notion that the powerful shouldn’t get to create one set of rules for themselves and another set of rules for everybody else, and if we expect that to apply to our biggest corporations and to our most successful citizens, it certainly should apply to our elected officials—especially at a time when there is a deficit of trust between this city and the rest of the country.”
UNTIL......Obama signed the repeal of the disclosure portion of the STOCK Act.
http://nyulocal.com/national/2013/04/15/congress-quietly-repeals-congres...
You missed a key part.
...
Congress and the President had delayed the online posting portion of the act from going into effect 3 times already, but the ultimate repeal came after the National Academy of Public Administration, a nonprofit group, found that publishing the information would create an “unwarranted risk to national security and law enforcement, as well as threaten agency missions, individual safety and privacy,” in a report delivered last month. The group suggested that the online posting requirements should be suspended indefinitely.
...
You might want to read up more on these people and btw they pulled down the report that Congress is using to justify suspending online reporting requirements. Apparently they must think the risk applies not only to Congress for being a backdoor rubber stamp.
Apparently they forgot about the wayback machine.
http://web.archive.org/web/*/http://www.napawash.org/publications/the-st...
You can find the whole 157 page report unedited if you know which backup copy to look at. Chapter 3 is the important part.
http://www.napawash.org/about-us/board-of-directors.html
http://www.napawash.org/about-us/our-team.html
http://www.napawash.org/images/OrganizationChart2014.PNG
It was mentioned in the link I provided, and it really is a key part of the kleptocrat m.o. to always maintain that whatever treasonous act they endorse is for the serfs' collective security and safety. The privacy bit was added just for shits and giggles. Thanks for the great links.
I know it was in the link that is what I sourced my point was you should have added it into your comment is all. Good catch though either way on your part.
It also illustrates the next level of bullshit inverted logic propaganda to be unleashed on people which is privacy is national security and national security needs to control and regulate what is supposed to be kept private. In this case it most certainly does not, they are PUBLIC servants not private ones. The only question who are really serving?
Nor rigged just overconfident.
Fictional Reserve Banking
Thanks, Volgograd for this contestant of best honest phrase of the year.
Mary Jo Isuzu says you can trust her!
Sociopaths inspire trust and warm and fuzzy feelings, don't they?
Come on folks, she would not lie to us, she would tell us if the markets were rigged!
Two sets of rules here: 1st 'special' set not for you 'cause u ain't special peeps that get to read other peeps orders!
2nd-in-line set for peeps just like u (who ain't too big to fail) who don't to get to read other peeps orders to deal with & enjoy!
Change U Can Believe In!
C'mon, is anybody really surprised she would deny the charges? "Yes, Congressman, the markets are heavily rigged by Goldman Sachs, JP Morgan and, of course, the Federal Reserve. We are aware of the rigging and fully support it."
If in a defined "market system" there is only one seller and only one buyer and the seller and buyer is the same entity, then, there is no "market system".
In short:
If (buyer == seller == BANKster)
Therefore, !(market system)
SEC Chair Mary Jo White is correct. The markets are not rigged, because there is no "markets", not even a "market".
Lying bitch! Carrying Wall streets water.
and their chamber pots, while simultaneously fellating them. She's a multi-tasker, that one!
... another dog and pony show ...
I wonder if it was a relative who wrote Poke Sally Annie?
She certainly seems to be on something.
"the gator got your granny"
You're insulting the late Tony Jo White with that crack...take it back.....or the motherfucking gator WILL get your God Damn GRANNY!
Private Bailey....
One of the best songs ever.
RIP Tony
I'll pencil her in as a card carrying 'fair-is-fair' superior intellect "I'm all for the little guy' demo-rat! Pathetic!
College Savings Enhancement Act? LMAO!
Complete shit show.
Where is Jon Corzine?
Ok folks nothing here to see ... everyone's interests are being well taken care of ...move along!
Now everybody look at Putin as talk about how unfair he is! Boo Russia!
I can't wait to attend the next S.E.C. 'front running' trial some poor non-banker 'small-enough-to-fail' sap gets hung with & laugh at him when they cart him off to jail!
Rigged? What a dumb ass question. Anyone breathing knows it's all rigged. Everyone at that clown show are inside traders. Just give any pretense otherwise a fucking rest already!
Why is it that whenever I see any of these "powerful" women, they all remind me of the Sith Lord as he gets progressively uglier as he acquires more power. Boxer, Pelosi, Legarsi, etc....yuck, I am convinced they are Sith Lords bent on taking us all to the dark side. Yoda, where are you?
Why do people watch this crap?
"Markets are not rigged"
PROCEEDS TO TELL YOU THAT ALL THE BROKERS, DEALERS, BANKS GO INTO THE REGULATORY ENVIRONMENT THAT THE SEC IS NOT AS PRESENT IN.
Thats like saying, mice don't like cheese, we try and take cheese away from the mice, but for some reason whenever we leave the cheese factory, they get an infestation. lol
The "investment industry" is a scam industry, you dump your money in there, and they keep throwing incentives at you to keep your money in there as long as possible ( so they can spend it on whores and blow ) then when you go to retire, WOOPS THE MARKET DIPPED 90000% SRY YOUR MONEY "VANISHED".
What people fail to realize is, that there CAN BE a RUN ON STOCKS.
The market capitalization of the stocks people are invested in ARE HORRIBLE METRICS.... since realistically if a stock has a capitalization of say 100,000,000$ the real capitalization (the raw cash value if people went to take money out and sell) is probably closert to 1 ~ 3% of that.
So really, for every stock capitalization value, you should wager the real capitalization to be under 10% of the listed value (its raw cash value), this is why the market in its current stage is doomed for a massive correction once the sell off kicks in, the market has to correct to under 20% of its current value to hit a floor.
That's not a correction, that's a collapse and you are correct it is overdue. The system is bloated like the blue whale that's washed up in that small Canadian fishing town. The size of an olympic swimming pool, that whale will blow when the gases increase more.
http://www.bbc.com/news/world-us-canada-27210992
They averted the collapse in 2008/09 and bought themselves more time. That's all. When money gets scarce again, the shitshow will come down. A solid consistent print of >$100 oil will get us there in a short amount of time.
Faith has eroded anyway. Neither Americans nor Europeans are really believing their central banks can consistently save the day with money from nothing. Money is already worthless. What does $100 buy you today? Not a big deal if you think about it. The $100 today is like the $1 in the Thirties.
time to restart
On top of the blatent larceny & financial engineering tax payers & retail traders have to pay for this smelly load of shite! The swamp needs to be drained! My plugged toilet smells like a bouquet of roses compared to that infected act!
Who let the fucking dog out? I get so tired of their bullshit rhetoric. Stand up and speak the truth for once.
I would recommend she look into MNGA (Magnegas). It has everything you would want in a stock.
Pseudo scientificic technology (Not hydrogen but magnecules?).
Nepotism. Entire family of the board.
Company sells at a riduculous price to sales and gets squeezed by hopeful mom and pop short sellers.
Greedy hedge funds bid up and squeeze so the stock soars. Then they do a shelfie way under the stock price they short it at.
Late pilers on get shafted.
Company meanwhile announces sales to foreign companies that do not exist and sales never happen.
Billy Sol Estes looks like a saint next to this and it keeps on being publicly traded.
Mary Jo "Yoda" White - if her voice and the way she spoke was like Yoda, this would be a lot more fun!
There are no troops in Laos.
The definition of "rigged" must have been changed in the government dictionary, perhaps it now excludes front-running and trading against clients.
Two posts on what I thought was a single click - sorry everyone.
Fuck, I love this site. We're getting drilled in the ass, sans lubrication, on a daily basis these days.....and I haven't laughed this much in years.
Thank you. And thank you, Molson.
Mary Jo FUCKIN DOUCHEBAG ENTRAILS....is what this stupid cunt ougtha be called.
Ah yes....I coined "sans lubrication" decades ago...in accordance with the
FUCKING WE'RE ALL GETTING AT THE HANDS OF THESE LYING CUNTS!
...like Mary Jo BananaUpHerFUCKIN ASS here....
Where do they find these people?
They breed them in a petri dish at the Sociopath Factory.
Well said.
It appears that the primary qualification for holding a leadership position in government is the ability to tell obvious lies without flinching.
Kill it with fire!
Arrest her for treason.
She/he does have that 'strap-on' air about her/him?
Fuck!!!! This bitch is hot!!!!!
LMFAO!!!!!!!
I can't watch - I just ate - but is there a song and dance and a top hat in her "presentation"? "THE MARKETS ARE NOT RIGGED. THE MARKETS ARE NOT RIIIIGGGGEEEED"
Shoeporn
Are all hairy old lezbo's this dopey?
http://www.youtube.com/watch?v=rX7wtNOkuHo
What diffference does it make if investors get frontrun and the exchanges make money off of it. Frontrunning is not rigging - it's frontrunning and that's . . . illegal? since when? . . . Anyways What difference does it make????
Front running makes it sound all right but what if we called it delaying the customers' orders???
Rigged? If you have to ask....
Tune in, Turn on and Drop Out. Buy used. Be subversive...grow food. Use black market when ever possible. Trade services.
Stack Lead....for the FED armed "police" force.