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Relax! SEC's Mary Jo White Says "Markets Are Not Rigged" - Live Feed

Tyler Durden's picture




 

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..

 

 

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Tue, 04/29/2014 - 11:14 | 4707789 Max Damage
Max Damage's picture

Can you see the stick up her arse? And the bankster in the corner throwing his voice?

Tue, 04/29/2014 - 11:19 | 4707823 pods
pods's picture

She's kinda cute.

Tue, 04/29/2014 - 11:24 | 4707853 Grande Tetons
Tue, 04/29/2014 - 11:35 | 4707891 Xibalba
Xibalba's picture

WTF is this circus act?  

Tue, 04/29/2014 - 11:40 | 4707928 Unknown User
Unknown User's picture

We can all relax now...

Tue, 04/29/2014 - 11:49 | 4707963 Xibalba
Xibalba's picture

say many words without saying anything.  fuckers trying to get a soundbite to take back to thier sheep.  #riggedgovernment #riggedeverything

Tue, 04/29/2014 - 11:50 | 4707970 Bananamerican
Bananamerican's picture

Why LESBIANS?

Tue, 04/29/2014 - 11:51 | 4707973 Xibalba
Xibalba's picture

Gay president.  Gay nation. 

Tue, 04/29/2014 - 11:56 | 4708007 jcaz
jcaz's picture

Saddest part is that she actually believes that....

Tue, 04/29/2014 - 12:44 | 4708307 Xibalba
Xibalba's picture

lying under pressure is tough 

Tue, 04/29/2014 - 13:04 | 4708403 outamyeffinway
outamyeffinway's picture

It isn't true until it's officially denied.

Tue, 04/29/2014 - 11:50 | 4707967 max2205
max2205's picture

Looks like Adolfs granddaughter. ...she looks like she knows her way around a strap on

Tue, 04/29/2014 - 12:17 | 4708118 Manthong
Manthong's picture

She is every bit as attractive as Donna Shalala.

Tue, 04/29/2014 - 12:24 | 4708170 maxamus
maxamus's picture

Only a week person attacks the person and not the debate/argument.

Tue, 04/29/2014 - 12:26 | 4708182 Deathrips
Deathrips's picture

A "week"? I only have a minute.

Tue, 04/29/2014 - 14:50 | 4708915 Manthong
Manthong's picture

I don't like B.O. just because he has big ears.

Tue, 04/29/2014 - 16:04 | 4709200 waterhorse
waterhorse's picture

Politicians and captured regulators are FAIR GAME.  No holds barred.

Tue, 04/29/2014 - 11:44 | 4707942 SilverIsKing
SilverIsKing's picture

Brith name: Joseph White aka Jo White.

Stick 'Mary' in front so people go easy on him.

Tue, 04/29/2014 - 13:20 | 4708507 sgt_doom
sgt_doom's picture

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 ! !

 

 

 

Tue, 04/29/2014 - 12:41 | 4708275 psychobilly
psychobilly's picture

"She was great in Poltergeist."

As well as this classic:

http://www.youtube.com/watch?v=QhjRUKCKIG4

Tue, 04/29/2014 - 17:27 | 4709514 NachoLiebor
NachoLiebor's picture

"This market is clean".

Tue, 04/29/2014 - 11:26 | 4707861 Sudden Debt
Sudden Debt's picture

She likes to ride the mushtasch... go ahead... have fun!

Tue, 04/29/2014 - 11:27 | 4707864 Dr. Engali
Dr. Engali's picture

Pods you have spent way too much time at the lake fishing by yourself.

Tue, 04/29/2014 - 11:43 | 4707941 pods
pods's picture

Last time I saw a mouth like that it had a hook in it!

<hat tip> RD

Tue, 04/29/2014 - 11:32 | 4707881 hairball48
hairball48's picture

for a toad

Tue, 04/29/2014 - 11:34 | 4707889 Zirpedge
Zirpedge's picture

Janet Reno and Dennis Kuchinich's love child? 

Tue, 04/29/2014 - 11:49 | 4707965 813kml
813kml's picture

Janet Reno Dance Party!!!

<couldn't find a decent video>

Tue, 04/29/2014 - 11:36 | 4707902 NoTTD
NoTTD's picture

Founding Member, Tongue-In-Groove Club.

Tue, 04/29/2014 - 11:39 | 4707917 Canadian Dirtlump
Canadian Dirtlump's picture

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."

Tue, 04/29/2014 - 12:08 | 4708067 mccvilb
mccvilb's picture

OMFW. 

Tue, 04/29/2014 - 12:20 | 4708138 BandGap
BandGap's picture

That is the BEST FUCKING COMMENT SO FAR.

Congrats, sir.

Tue, 04/29/2014 - 11:42 | 4707933 BandGap
BandGap's picture

Shit, that's Janet Reno's ugly sister.

Tue, 04/29/2014 - 11:57 | 4708008 El Vaquero
El Vaquero's picture

Yeah, cute in a Super Mario Brothers goomba kind of way. 

Tue, 04/29/2014 - 16:34 | 4709307 Monty Burns
Monty Burns's picture

She's like Mo of the Three Stooges.  Anyone old enough to remember them?

Tue, 04/29/2014 - 11:20 | 4707828 Sudden Debt
Sudden Debt's picture
Wir haben es nicht gewusst!!!
Tue, 04/29/2014 - 11:35 | 4707892 walküre
walküre's picture

+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?

Tue, 04/29/2014 - 12:36 | 4708251 Herd Redirectio...
Herd Redirection Committee's picture

I am pretty sure Neuschwanstein has paid for itself 10 fold since its construction.

Tue, 04/29/2014 - 11:50 | 4707969 williambanzai7
williambanzai7's picture

Tue, 04/29/2014 - 13:16 | 4708474 the grateful un...
the grateful unemployed's picture

21th century technology, 19th century business model,  priceless

Tue, 04/29/2014 - 12:12 | 4708091 thunderchief
thunderchief's picture

What an amazing amount of blather.

Tue, 04/29/2014 - 13:23 | 4708513 drendebe10
drendebe10's picture

Fred Sanford said, "There ain't nuthin uglier than an old white woman."

Tue, 04/29/2014 - 11:15 | 4707792 i_call_you_my_base
i_call_you_my_base's picture

This isn't testimony, it's a job interview.

Tue, 04/29/2014 - 11:23 | 4707849 Xibalba
Xibalba's picture

dingdingding!  We have a winner! 

Tue, 04/29/2014 - 11:44 | 4707943 Dubaibanker
Dubaibanker's picture

Ding ding ding....We have another bank runner....

RBS head of forex in Europe takes 5-month sabbatical

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 SC

 

Tue, 04/29/2014 - 11:16 | 4707802 MeMongo
MeMongo's picture

HAHAHAHAHA!

 

Tue, 04/29/2014 - 11:36 | 4707900 101 years and c...
101 years and counting's picture

she's right. there is no market, therefore how can it be rigged?

Tue, 04/29/2014 - 11:17 | 4707809 rsnoble
rsnoble's picture

blah blah blah blah blah blah

Tue, 04/29/2014 - 11:43 | 4707912 HardAssets
HardAssets's picture

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)

Tue, 04/29/2014 - 11:17 | 4707810 Goggles Pisano
Goggles Pisano's picture

"The markets are not rigged.........as long as the SEC fees are paid." MJ White

Tue, 04/29/2014 - 11:17 | 4707811 quasimodo
quasimodo's picture

Dude looks like a lady, 0 credibilty.

Sick of these swinging dicks posing as aunt Bea from Andy Griffith telling us all is well.

 

Tue, 04/29/2014 - 11:41 | 4707934 HardAssets
HardAssets's picture

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."

Tue, 04/29/2014 - 12:37 | 4708260 Herd Redirectio...
Herd Redirection Committee's picture

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.

Tue, 04/29/2014 - 14:00 | 4708695 walküre
walküre's picture

The public is scared shitless to ask anything

"If we hit the public with P.C., maybe they won't ask probing questions."

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

Tue, 04/29/2014 - 11:17 | 4707812 DavidC
DavidC's picture

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

Tue, 04/29/2014 - 11:45 | 4707950 firstdivision
firstdivision's picture

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"

Tue, 04/29/2014 - 11:17 | 4707813 FieldingMellish
FieldingMellish's picture

Images of the Iraqi Information Minister waft through my head.

Tue, 04/29/2014 - 11:19 | 4707819 digitlman
digitlman's picture

Follow Nanexllc on Twitter for live refutes from Eric @ Nanex.

Tue, 04/29/2014 - 11:18 | 4707821 saveUSsavers
saveUSsavers's picture

CAPTURED ! Oldest profession

Tue, 04/29/2014 - 11:36 | 4707903 walküre
walküre's picture

Really? Who'd touch that woman with a 10 ft barge pole let alone pay for it?

Tue, 04/29/2014 - 11:20 | 4707832 OC Sure
OC Sure's picture

Counterfeiting is the rig.

The Federal Reserve is the shister.

Control the bread, control the circus.

Tue, 04/29/2014 - 11:34 | 4707887 Itchy and Scratchy
Itchy and Scratchy's picture

America the Corrupt!

Tue, 04/29/2014 - 11:20 | 4707834 LawsofPhysics
LawsofPhysics's picture

Right, and the Fed will "not" monetize the debt either...

 

Tue, 04/29/2014 - 11:21 | 4707837 ArisAron
ArisAron's picture

WTF? Is being FUGLY a requirement for this administration???

Tue, 04/29/2014 - 11:38 | 4707910 walküre
walküre's picture

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?

Tue, 04/29/2014 - 16:09 | 4709214 waterhorse
waterhorse's picture

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).

Tue, 04/29/2014 - 11:22 | 4707838 SanfordandSon
SanfordandSon's picture

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.

Tue, 04/29/2014 - 11:21 | 4707840 Carl Popper
Carl Popper's picture

The Russians have a saying about government.

 

Never believe a rumor until it is officially denied.

Tue, 04/29/2014 - 11:42 | 4707937 walküre
walküre's picture

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.

Tue, 04/29/2014 - 11:22 | 4707841 Confused
Confused's picture

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).... 

Tue, 04/29/2014 - 11:22 | 4707843 Dr. Engali
Dr. Engali's picture

Bwahahahahahahahahaha... Oh that's funny.

Tue, 04/29/2014 - 11:23 | 4707846 Itchy and Scratchy
Itchy and Scratchy's picture

S.E.C. in back pocket of banksters!

Tue, 04/29/2014 - 16:11 | 4709223 waterhorse
waterhorse's picture

Back pocket?  I thought they were positioned at the trouser fronts?

Tue, 04/29/2014 - 11:25 | 4707854 starman
starman's picture

Been in the USA 30 years,  stil  looking for freedom.

Any tips? 

Tue, 04/29/2014 - 11:30 | 4707872 Stoploss
Stoploss's picture

Freedom's just another word for nothing left to lose.

Hang in there.

Tue, 04/29/2014 - 11:44 | 4707944 BandGap
BandGap's picture

Seems like you're only getting the tip.

Relax.

Tue, 04/29/2014 - 12:24 | 4708029 NuYawkFrankie
NuYawkFrankie's picture

re Any Tips?

Yes - stop looking

Tue, 04/29/2014 - 12:31 | 4708216 1stepcloser
1stepcloser's picture

yeah! kick the guys in the nutz who told you Amerika was free!!

Tue, 04/29/2014 - 13:07 | 4708427 Blano
Blano's picture

Just drink.

Tue, 04/29/2014 - 11:25 | 4707855 mtndds
mtndds's picture

Fucking liar!

Tue, 04/29/2014 - 11:26 | 4707860 SillySalesmanQu...
SillySalesmanQuestion's picture

That's because Mary Jo has bet her money with the shysters...oooops, I meant the house.

Tue, 04/29/2014 - 11:38 | 4707911 Rainman
Rainman's picture

A greenie for you < for knowing how to spell ' shyster ' >

Tue, 04/29/2014 - 11:44 | 4707946 walküre
walküre's picture

Why would the propaganda networks make an effort to use the incorrect spelling of shyster?

Shyster rhymes with Shylock.

Tue, 04/29/2014 - 16:13 | 4709234 waterhorse
waterhorse's picture

Ummm...I think they forgot the 't' in that one.  Shitster

Tue, 04/29/2014 - 11:40 | 4707866 Itchy and Scratchy
Itchy and Scratchy's picture

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!

Tue, 04/29/2014 - 11:29 | 4707870 TheRideNeverEnds
TheRideNeverEnds's picture

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.  

Tue, 04/29/2014 - 11:30 | 4707871 NuYawkFrankie
NuYawkFrankie's picture

Looks like Moe Howard on a "bad-hair" day

Tue, 04/29/2014 - 11:36 | 4707876 Hongcha
Hongcha's picture

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.

Tue, 04/29/2014 - 12:05 | 4708049 Bananamerican
Bananamerican's picture

You literally just described my day yesterday at my son's school after I was ordered to show I.D. to pick him up

Tue, 04/29/2014 - 11:32 | 4707880 mydogisprettier...
mydogisprettierthanyou's picture

Phew....glad she explained it 

Tue, 04/29/2014 - 11:32 | 4707882 Itchy and Scratchy
Itchy and Scratchy's picture

Time to hook somebody up to a lie detector machine!

Tue, 04/29/2014 - 12:02 | 4708033 cro_maat
cro_maat's picture

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.

Tue, 04/29/2014 - 16:23 | 4709257 waterhorse
waterhorse's picture

Yes, old sparky, the truth-teller.

Tue, 04/29/2014 - 11:34 | 4707890 NoTTD
NoTTD's picture

As a shyster,  I object to it being misspelled "shister".

Tue, 04/29/2014 - 11:48 | 4707954 Itchy and Scratchy
Itchy and Scratchy's picture

I think they meant 'shitster!'

Tue, 04/29/2014 - 11:35 | 4707895 orangedrinkandchips
orangedrinkandchips's picture

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?

Tue, 04/29/2014 - 12:22 | 4708146 mccvilb
mccvilb's picture

I think this is a govt conspiracy. GMOs are beginning to show up in the strangest places.

Tue, 04/29/2014 - 11:35 | 4707897 Lookout Mountain
Lookout Mountain's picture

At first I didn't believe it, but she is so darn convincing.

Tue, 04/29/2014 - 12:24 | 4708161 BandGap
BandGap's picture

OK, that's #2!

Tue, 04/29/2014 - 11:39 | 4707901 Itchy and Scratchy
Itchy and Scratchy's picture

Talk about a troll! Let's not beat around her furry little bush here. HFT = Front Running. Pure & Simple! Enjoy!

Tue, 04/29/2014 - 11:37 | 4707905 Bunga Bunga
Bunga Bunga's picture

They are only rigged, when stocks go down.

http://video.cnbc.com/gallery/?video=3000267133

Tue, 04/29/2014 - 11:39 | 4707914 xcehn
xcehn's picture

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...

Tue, 04/29/2014 - 12:33 | 4708219 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

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

 

Tue, 04/29/2014 - 13:06 | 4708422 xcehn
xcehn's picture

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.

Tue, 04/29/2014 - 13:30 | 4708542 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

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?

 

Tue, 04/29/2014 - 11:39 | 4707919 boeing747
boeing747's picture

Nor rigged just overconfident.

Tue, 04/29/2014 - 11:39 | 4707922 walküre
walküre's picture

Fictional Reserve Banking

Thanks, Volgograd for this contestant of best honest phrase of the year.

Tue, 04/29/2014 - 11:40 | 4707926 1stepcloser
1stepcloser's picture

Mary Jo Isuzu says you can trust her!

Tue, 04/29/2014 - 16:15 | 4709238 waterhorse
waterhorse's picture

Sociopaths inspire trust and warm and fuzzy feelings, don't they?

Tue, 04/29/2014 - 11:44 | 4707945 MFL8240
MFL8240's picture

Come on folks, she would not lie to us, she would tell us if the markets were rigged!

Tue, 04/29/2014 - 11:52 | 4707947 Itchy and Scratchy
Itchy and Scratchy's picture

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!

Tue, 04/29/2014 - 11:48 | 4707955 thamnosma
thamnosma's picture

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."

Tue, 04/29/2014 - 11:48 | 4707957 messy
messy's picture

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".

Tue, 04/29/2014 - 11:49 | 4707959 Colonel Klink
Colonel Klink's picture

Lying bitch!  Carrying Wall streets water.

Tue, 04/29/2014 - 16:15 | 4709241 waterhorse
waterhorse's picture

and their chamber pots, while simultaneously fellating them.  She's a multi-tasker, that one!

Tue, 04/29/2014 - 11:51 | 4707974 pragmatic hobo
pragmatic hobo's picture

... another dog and pony show ...

Tue, 04/29/2014 - 11:51 | 4707978 Joebloinvestor
Joebloinvestor's picture

I wonder if it was a relative who wrote Poke Sally Annie?

She certainly seems to be on something.

 

"the gator got your granny"

Tue, 04/29/2014 - 12:45 | 4708321 BeetleBailey
BeetleBailey's picture

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....

Tue, 04/29/2014 - 13:03 | 4708399 Joebloinvestor
Joebloinvestor's picture

One of the best songs ever.

 

RIP Tony

Tue, 04/29/2014 - 11:52 | 4707979 Itchy and Scratchy
Itchy and Scratchy's picture

I'll pencil her in as a card carrying 'fair-is-fair' superior intellect "I'm all for the little guy' demo-rat! Pathetic!

Tue, 04/29/2014 - 11:55 | 4707999 Caveman93
Caveman93's picture

College Savings Enhancement Act? LMAO!

Tue, 04/29/2014 - 11:57 | 4708013 GrinandBearit
GrinandBearit's picture

Complete shit show.

Where is Jon Corzine?

Tue, 04/29/2014 - 11:58 | 4708016 Itchy and Scratchy
Itchy and Scratchy's picture

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!

Tue, 04/29/2014 - 12:06 | 4708054 Itchy and Scratchy
Itchy and Scratchy's picture

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!

Tue, 04/29/2014 - 12:09 | 4708071 wmbz
wmbz's picture

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!

Tue, 04/29/2014 - 12:09 | 4708076 crazybob369
crazybob369's picture

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?

Tue, 04/29/2014 - 12:22 | 4708080 Dre4dwolf
Dre4dwolf's picture

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.

Tue, 04/29/2014 - 17:25 | 4709489 walküre
walküre's picture

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

Tue, 04/29/2014 - 12:19 | 4708111 Itchy and Scratchy
Itchy and Scratchy's picture

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!

Tue, 04/29/2014 - 12:19 | 4708131 SharkBit
SharkBit's picture

Who let the fucking dog out?  I get so tired of their bullshit rhetoric.  Stand up and speak the truth for once.

Tue, 04/29/2014 - 12:20 | 4708136 jtlien
jtlien's picture

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.

Tue, 04/29/2014 - 12:23 | 4708152 discopimp
discopimp's picture

Mary Jo "Yoda" White - if her voice and the way she spoke was like Yoda, this would be a lot more fun!

Tue, 04/29/2014 - 12:23 | 4708160 LarryDavis
LarryDavis's picture

There are no troops in Laos.

Tue, 04/29/2014 - 12:24 | 4708168 SMC
SMC's picture

The definition of "rigged" must have been changed in the government dictionary, perhaps it now excludes front-running and trading against clients.

Tue, 04/29/2014 - 12:27 | 4708169 SMC
SMC's picture

Two posts on what I thought was a single click - sorry everyone.

Tue, 04/29/2014 - 12:26 | 4708180 BandGap
BandGap's picture

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.

Tue, 04/29/2014 - 12:43 | 4708299 BeetleBailey
BeetleBailey's picture

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....

Tue, 04/29/2014 - 12:29 | 4708206 Oro
Oro's picture

Where do they find these people?

Tue, 04/29/2014 - 16:17 | 4709245 waterhorse
waterhorse's picture

They breed them in a petri dish at the Sociopath Factory.

Tue, 04/29/2014 - 19:01 | 4709800 Kelley
Kelley's picture

Well said.

 

It appears that the primary qualification for holding a leadership position in government is the ability to tell obvious lies without flinching.

Tue, 04/29/2014 - 12:33 | 4708231 Roger Shermanator
Roger Shermanator's picture

Kill it with fire!

Tue, 04/29/2014 - 12:35 | 4708244 q99x2
q99x2's picture

Arrest her for treason.

Tue, 04/29/2014 - 12:35 | 4708246 Itchy and Scratchy
Itchy and Scratchy's picture

She/he does have that 'strap-on' air about her/him?

Tue, 04/29/2014 - 12:41 | 4708277 Rising Sun
Rising Sun's picture

Fuck!!!!  This bitch is hot!!!!!

 

LMFAO!!!!!!!

Tue, 04/29/2014 - 12:41 | 4708280 the wet spot
the wet spot's picture

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"

Tue, 04/29/2014 - 12:43 | 4708293 elwind45
elwind45's picture

Shoeporn

Tue, 04/29/2014 - 12:48 | 4708334 Itchy and Scratchy
Itchy and Scratchy's picture

Are all hairy old lezbo's this dopey?

Tue, 04/29/2014 - 12:57 | 4708376 justsayin2u
justsayin2u's picture

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????

Tue, 04/29/2014 - 13:30 | 4708544 insanelysane
insanelysane's picture

Front running makes it sound all right but what if we called it delaying the customers' orders???

Tue, 04/29/2014 - 13:05 | 4708406 Ban KKiller
Ban KKiller's picture

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. 

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