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The Company At The Center Of The Criminal Fed Leak Probe Was Just Sold

Tyler Durden's picture




 

By now, it is common knowledge that the Fed's leak of material, market moving data to Medley Global's Regina Schleiger has become the reason for not only a Congressional subpoena which Janet Yellen has been resisting because, supposedly, the Fed is above the law and can decide which subpoenas to respond to (and will make sure anyone who dares to ask her any sensitive questions on the topic never speaks to her again as Pedro da Costa found out recently) but also a DoJ and OIG criminal investigation. So far there has been no actual charges as the Fed stonewalls and refuses to cooperate but even if it did, we doubt that anyone would dare to throw the central-planner of the formerly free world in prison.

But what about Medley? Why not subpoena and get sworn testimony from Regina or her employer to find out what happened from the other, less "protected" side? Actually that may have crossed the DOJ's mind.

First, a reminder of just who Medley Global is:

MGA is the leading global provider of macro policy intelligence for the world's top hedge funds, institutional investors, and asset managers. Our services and global network cover G20 plus Emerging Markets, Central Banks & Geopolitics, Global Oil and Energy Markets.

In short: an "expert network" (remember those? that's how Stevie Cohen made his billions paying insiders for material, nonpublic information right under the nose of regulators and enforcers) that leaks Fed decisions and thoughts to its  top-paying clients, such as the report in question leaking the start of QE tapering in December 2012.

Some more on MGA's history:

Medley Global Advisors LLC (MGA) was founded in 1997 by Richard Medley, former chief political strategist to George Soros, to help investors navigate the opaque yet fascinating intersection of policy and markets. Dan Bogler, MGA's President, joined MGA in March of 2010.

 

From an initial concentration on G3 macro issues, MGA has over the years expanded its network and services to cover G20 countries, Emerging Markets, Geopolitics, Oil and Energy Markets.

 

Today, MGA has more than 45 experienced professionals with offices in New York, Washington DC, London, and Tokyo. Our client base and policy network spans the globe. MGA's professionals average more than 15 years of experience in the financial markets and the policy world.

 

Richard Medley left the firm in 2005 when private equity firms Boston Ventures and Castanea Partners purchased the company. In 2006, Goldman Sachs also took a minority share in the firm.

And the punchline:

In February 2010, MGA was purchased by the Financial Times, one of the world's leading business news organisations.

We bring all of this up of course because smack in the middle of the biggest criminal scandal involving the Fed in its history, but also an FT-owned expert network (an FT which until today was owned by Pearson), the expert network known as Medley Global Advisors just changed its owners, from the FT/Pearson to Japan's Nikkei, in a transaction advised by Rothschild for the buyer and Goldman, Evercore and JPM for the seller. From the press release:

Pearson is today announcing that it has agreed the sale of FT Group to Nikkei Inc. for a gross consideration of £844 million, payable in cash.

 

Financial Times is one of the world’s leading news organisations, recognised for its authority, integrity and accuracy. It includes the FT newspaper, FT.com, How to Spend It, FT Labs, FTChinese, the Confidentials and Financial Publishing (including The Banker, Investors Chronicle, MandateWire, Money-Media, Medley Global Advisors and more).

And in light of the fact that the FT had been on the M&A block since 2012 only to see today's dramatic and uite rapid sale concluded in what appears to have been a sprint session, one can't help but wonder: did Medley's association with the FT and thus with Pearson, catalyze today's deal.

Alternatively, now that Medley has new, Japanese owners, does that mean that someone at the DOJ or FBI will, since the Fed is still refusing to cooperate, finally ask a few questions of an expert network whose very existence screams of inside information leakage and a two-tiered market in which the rich have access to all the inside information they can buy while the poor are trolled by Ms. Yellen who advises them of the importance to "build assets."

 

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Thu, 07/23/2015 - 14:35 | 6346080 order66
order66's picture

What do you want to do Gordon? Dump it.

Thu, 07/23/2015 - 14:38 | 6346094 Bullionaire
Bullionaire's picture

"Pull it."

Thu, 07/23/2015 - 14:45 | 6346111 Boris Alatovkrap
Boris Alatovkrap's picture

Roster of participant is sound like Illuminati jerk fest. Completion of deal is no doubt consumate with full on satanic ritual of perverse sexual indulgence.

Thu, 07/23/2015 - 14:45 | 6346116 Pinto Currency
Pinto Currency's picture

 

 

Rothschild are Pearson shareholders.

Thu, 07/23/2015 - 14:55 | 6346136 Boris Alatovkrap
Boris Alatovkrap's picture

Rothschild is German "Red Shield", but this is manner of expression for hygenic napkin. Is make sense because Rothschild is bunch of douche bag, no?

Thu, 07/23/2015 - 15:05 | 6346170 Bastiat
Bastiat's picture

Well done!

Thu, 07/23/2015 - 17:12 | 6346766 knukles
knukles's picture

So once the investigations begin, then solution is to sell the firm and distance your ass via multiple series of successor owners and previous employees all indemnified by their ...
Oh, for shit's sakes

Thu, 07/23/2015 - 20:08 | 6347315 philipat
philipat's picture

Yup, same MO as the CME PM "Investigation". The end point is that "All the involved employees are no longer with the Company and the records were misplaced during the process of integration".

Only a Criminal investigation can break through that BS and, especially with the Fed involved, the chances of that are clsoe to "When hell freezes over"? Again showing that the Fed is completely above the law, let alone any accountability or responsibility, legal or moral.

Thu, 07/23/2015 - 15:24 | 6346238 DrLucindaX
DrLucindaX's picture

Yes. This exactly. With Christine Legarde taking it both ways in the middle of the Satanic sex sandwich. After all, she's told us already "I do as I am told."

https://www.youtube.com/watch?feature=player_embedded&v=QYmViPTndxw

 

Thu, 07/23/2015 - 16:20 | 6346516 Boris Alatovkrap
Boris Alatovkrap's picture

What is ever happen to Dominique Strauss Kahn?

Thu, 07/23/2015 - 20:12 | 6347320 philipat
philipat's picture

In Lille with "I didn't know they were paid" guests the last I heard?

Thu, 07/23/2015 - 14:42 | 6346106 i_call_you_my_base
i_call_you_my_base's picture

"the opaque yet fascinating intersection of policy and markets."

the corrupt and highly lucrative intersection of policy and markets.

FIFY

Thu, 07/23/2015 - 14:53 | 6346134 Blankenstein
Blankenstein's picture

And this network of thieves is protected from investigation and prosecution by Mr. Janet Yellen, Eric "Fast and Furious" Holder (now Loretta), the SEC and CFTC.  It makes me want to take the blue pill.

Thu, 07/23/2015 - 14:43 | 6346107 KnuckleDragger-X
KnuckleDragger-X's picture

Nothing to see here, move along. Open, fair and responsive...when hell freezes over.....

Thu, 07/23/2015 - 14:46 | 6346117 Boris Alatovkrap
Boris Alatovkrap's picture

You are be visit to Siberia? Please to share experience!

Thu, 07/23/2015 - 14:48 | 6346121 Dr. Engali
Dr. Engali's picture

I hear you can see Russia from Alaska.

Thu, 07/23/2015 - 14:56 | 6346141 Boris Alatovkrap
Boris Alatovkrap's picture

Da! And on clear day is can see voluptuous woman with high fashion eyewear stand on back patio.

Thu, 07/23/2015 - 15:36 | 6346291 Kaervek
Kaervek's picture

She only takes payment in gold jewellry, the last sane person on earth

Thu, 07/23/2015 - 14:55 | 6346119 Dr. Engali
Dr. Engali's picture

"So far there has been no actual charges as the Fed stonewalls and refuses to cooperate but even if it did, we doubt that anyone would dare to throw the central-planner of the formerly free world in prison."

 

I swear ther was something written in a long forgotten document stating something about congress and the coining of money..... if only I could remember. Damn stoopid stoopid public education! 

Thu, 07/23/2015 - 14:56 | 6346133 ebworthen
ebworthen's picture

The FED and .gov are run by the banking cartel, so this should surprise no one.

Healthcare and the Military Industrial Complex too.

All tentacles of the vampire squid of Wall Street and Brussels Inc.

Thu, 07/23/2015 - 15:00 | 6346159 Salsipuedes
Salsipuedes's picture

Rothschild for the seller, Goldman for the buyer, bupkiss for the producers and the devil gets coffee. What did you do during the war Daddy?

Thu, 07/23/2015 - 15:21 | 6346228 Atomizer
Atomizer's picture

During a recent statement made against Donald Trump, Rupert Murdoch forgot to mention his Media Empire was built on hacking phones to sell tabloid news. 

http://m.nydailynews.com/news/world/rebekah-brooks-feels-vindicated-acqu...

Quietly settled out of court. Isn't that right Rupert. 

Thu, 07/23/2015 - 15:22 | 6346230 BeaverCream
BeaverCream's picture

The last names of these people are all...well...ummm...is it okay if I mention that? 

To find out who controls you, find out who you aren't allowed to criticize.

Thu, 07/23/2015 - 15:31 | 6346269 kchrisc
kchrisc's picture

But they cannot transfer their guillotine liabilities. Those stay with the perps.

Liberty is a demand. Tyranny is submission..

 

You can run, but you cannot hide your head from the guillotine.

Thu, 07/23/2015 - 15:48 | 6346348 Kaervek
Kaervek's picture

Ah well.. maybe.

Maybe they can play this game until they die and give all their stolen wealth to their children. Are you really going to lynch the children for the crimes of their parents?

This circle of shit will continue until humanity is completely wiped out. I have come to the conclusion that the human species is flawed and will never find peace and prosperity. Should've invested in hookers instead of gold that will forever be manipulated by some powerful people, at least I'd have had some fun.

Yes, fundamentally we all are right in our assumptions, but I think we underestimate their power - who says you can't keep prices down forever (yes literally forever) if you have an infinite supply of USD?

Fri, 07/24/2015 - 00:42 | 6347071 kchrisc
kchrisc's picture

1) "Are you really going to lynch the children for the crimes of their parents?"

I have never said that. But I do hold that those guilty of crimes against the American people, and humanity, should, shall, be held responsible for their crimes. There will be no "truth and reconciliation," but only "trial and Retribution" if I have a say so.

Not motivated by revenge, but  motivated by the need for the American country, people, and society to be rid of the psychopathic virus that infects us. Unless one sees a productive role in the Restored American republic and society for the likes of Rove, Pelosi, the Bushes, Reid, Wolfowitz, the signers of the PNAC New American Century document, Wesley Clark, Michael Slager, Tom Delay, the Clintons, Lon Horiuchi, etc.? I don't.

2) "I have come to the conclusion that the human species is flawed and will never find peace and prosperity."

With respect, but that is a defeatist opinion and position. I respect your right to hold it, but I do not prescribe to it. Humanity is flawed, but the flaw does not lie where most think it does, and is quite curable with education and an attitude change on the part of the people. There are only two flaws, TWO, with humanity, and that is psychopathy and obedience.

Psychopathy served humanity well while we were hunter gathers, and/or gathered in small villages. It does not serve us well now. Psychopathy now only serves its beholders and practitioners. It is no longer an instrument of leadership against a threatening world, but an outmoded instrument of plunder.

Obedience also once served us well, and in a limited way--teams, united efforts, etc.--still does. But blind obedience to what is really plunder and murder of other members of humanity is complicity in those crimes, and participation in crimes against ourselves.

The key is to learn to think for oneself, reject aggression against oneself and others, and reject psychopathy and blind obedience.

No psychopathy, no wars. No obedience to psychopaths, no wars.

Liberty is demand. Tyranny is submission..

Thu, 07/23/2015 - 15:44 | 6346335 MsCreant
MsCreant's picture

We need a deck of those playing cards made for these characters...

Seriously, this is so frustrating to watch. No justice, ever.

Thu, 07/23/2015 - 19:28 | 6347207 Stained Class
Stained Class's picture

I'm just thinking the same thing, it is so bizzare that the truth is unbelieveable by the 98% of the people IN THE MIDDLE (imagine a bar-bell) have no friggin' clue, yet WE 1% of "conspiracy FACTers" on one end, and on  the other end, the 1% of the PERPS, is just mind boggling. The 98% are so fucking stupid, they could care less about anything.

The people who KNOW what's going on is so small proportionately that we should be known as the ANTI 1%..... or (-1.00%)   in red,   we are so screwerd it doesn't matter. Have a nice day.

Thu, 07/23/2015 - 16:04 | 6346420 samsara
samsara's picture

"...in a transaction advised by Rothschild "

Face it, nearly EVERY major transaction is advised and guided at some level by Rothschild.

Thu, 07/23/2015 - 19:01 | 6347119 BoPeople
BoPeople's picture

doh

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