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Want To Trade FX On Inside Information? Here Is How To Do It, Straight From Kashya Hildebrand
Wondering how wives of (ex) central bankers would engage in insider trading if that was their intent (forgetting for a second that if one is the wife of a central banker one probably should not be engaging in any FX transaction to begin with)? Now we know, courtesy of this first interview with the wife of the former SNB head following his departure in which she tell us how a former Moore Capital currency trader would engage in FX insider trading "if one wanted to..."
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it was pretty bad. she invoked God on her side, to which, among other things, it is very easy to call BULLSHIT
"I will tell the Truth and only the Truth, so help me God" hmmm just maybe the whole legal and much of the social system is BS(hint. yes it is)
GUILTY!
Also someone should check and find out how much she actually made on her numbered swiss bank accounts where she performed the direct trade of Euro vs. SF.
Call me gullible but she impressed as sincere. Did she screw up? No doubt. Who among us hasn't. There probably is much more cunning conniving BS to this story than has surfaced so far.
"Did she screw up? No doubt."
Totally irrelevant, the REAL question is will she be held accountable (as 99.9999999% of us would be). Prosecute the fucking fraud already, at ALL levels.
By all means. Let's start with Jaime Dimon, Lloyd Blankfein, Hanky Panky Paulson, TaxCheat Timmy, and last but not least Jon "I may be a Thieving Bankster but, more importantly, I'm Barry Soetoro's bestest campaign fund raising buddy" Corzine.
She smiles because she knows she just pocketed 1M bucks. I would smile too.
If she sells in dollars and lives (spends) in Switzerland, wouldn't the natural trade be reverse?
sell usd and buy chf?
what a load of bull sit.
If she sells in dollars and lives (spends) in Switzerland, wouldn't the natural trade be reverse?
sell usd and buy chf?
Not in July and August 2011
Just let me point out a simple fact of life: here in Suisse during July and August 2011 everyone and their parrot and their cat and dog was trading in CHF either for Euro or USD (or both) and all of them for different reasons. Some for shopping in the EU, some for a future holiday in the US, some for their business margins...we ALL knew that the rise of the CHF couldn't go on forever. Get off this woman's case.
and her story makes sense: sold a vacation apartment for CHF, CHF/USD balanced portfolio skewed vs. CHF, changed some to USD (you don't think she has a portfolio of 500k only, do you?) found a new house , bought it with CHF, CHF/USD balanced portfolio skewed vs. USD, meanwhile husband has devalued CHF, so she rebalances the portfolion...
but of course, the wife of Caesar has to appear virtuous, too
-------
"pocketed 1M bucks"? I understood 70k
Spot on, on both counts.
There is nothing even remotely newsworthy about this whole issue (not a poke at ZH at all, just in general). It is Swiss domestic politics wrapped up in financial language and then stoked by world media.
All this controversy is merely for keeping up appearances on what would otherwise be perfectly normal private financial transactions for a rich Swiss multinational.
The irony of it all is that now all central bankers everywhere will go out of their way to hide or chain deep buffers around any and all transactions that would otherwise give a mere appearance of controversy!
Thus, the real democractic goals of transparency and compliance for high level servants of the state just got further abused.
I mean, seriously, just think about it: if a central bankers family had been trying to make gains based on non-public information, there are a lot easier and much more effective ways to do so!
I can only conclude the guy resigned for two reasons:
Guess with such a strong-willed partner, Hildebrand decided he had had good run anyway already and it was time to leave.
Either way, it has zero impact in finance or economics in the greater scheme of things.
The lady doth protest too much, methinks.
She seems awfully surprised that there was a media-bloodlust to see her husband de-throned.
She's going to be even more surprised when real blood starts flowing. She clearly has absolutely no idea what public sentiment is right now.
Was there anything you wanted to say about the public being allowed to eat cake, Kashya?
(Has no one advised this idiot to stop speaking to cameras? Her media-savvy is about a 3, on a 1-100 scale. So much for being multi-cultural, intellectual, worldly and savvy. Dear Kashya -- for your own sake, keep your man-mouth shut.
Check out her eyebrows. The bitch has major bush.
I am Chumbawamba.
And since she has everything done for her I bet she doesn't shave.
And since she has everything done for her I bet she doesn't shave.
God I hope not.
Don't be silly, all fashionable young or wanna-be-young women shave these days.
Yeah? Well Mme. Hildebrand is no wannabe.
So you also noticed that eyebrows indicate bush size! So the Muzzies who cover their heads and only show their eyes and eyebrows don't realize we can imagine their bushs. The ones who know wear the full body burka.
It's nice to see this story has taken and intellectual turn.
http://guesshermuff.blogspot.com
-Chumblez.
I only look at their eyes. The bush is so much eighties , no need to look at eyebrows anymore, and it only mattered for blondes who shaved off that yellow filthy hair long before all got shaved. And for who is really watching the Muzzies :
they tend to have bare feet under the whole lot of burkareske clothing, and those limbs are more than telling too !
You disappear for months at a time and that's all you've got?
Look at her eyes. The right one is dead to this world, and the left one is cold.
We can start anywhere. Like this bitch, for example.
will she be held accountable
Hah, you're cute when you try to apply "what should be done" to bankers or bankers' wives.
Yeah but what an absolute cunt.
Surely, she pleads, anyone can understand how one would want to hedge against one's own domestic currency (which one's husband controls) after one's chalet has been liquidated? I mean, what would you do?
Also gotta love how she describes her "very good looking (that is clear) husband" as being a member of the G30 - "the most prominent, academic and intellectual institution in the world" -pa-leeze.
Oh, and the assumption that her "multicultural and ethnically diverse" family makeup places her above any ethical censure as she is seated firmly on both shoulders of God.
Can't wait until you're abandoned to your schlock boutique there sweetheart...spilling your troubles to a bunch of mincing flunkies while your husband sets up house with the au pair you once hired.
The most pathetic part is that she thinks that anyone cares when flashes her multi-culti street creds. In this she is just like Michele Obama, so stupid that she doesn't even realize her own reverse racism. She is just as blind to her racism as an ante-bellum plantation owner.
How many PC points is a marriage between a Western European and a U.S citizen with an American mother worth these days anyway?
You will have to ask the neauveau aristocracy that question. Does she have the pakistanti blood lines to back up her elitist arrogance, or is the art gallery her means to grovel to her betters and seek their favor?
How is being American and Swiss even remotely multicultural? Banking culture is homogenous the world over. She's pure, unadulterated Wonder Bread.
When they start dragging bankers behind pickup trucks and hanging them from bridges, I hope no one forgets dear Mrs. Hildebrand.
Surely, she pleads, anyone can understand how one would want to hedge against one's own domestic currency
Do us all a favour mate.
Couldn't agree more. My God, what a bitch. The very epitome of a wealthy cunt with an incredible ego and sense of entitlement. Her "I wouldn't be so stupid" defense is really her saying "I'm above any law, so why are you bothering me and my good-looking husband with these trivialities". Of course she's guilty. She did it because it was easy with all the information she had access to from her husband and his friends and because she knew that even if she got caught nothing would happen to her. That is why she didn't bother with the protections and cover-ups that she mentioned.
Stay in Memphis Elvis
The two lines that really got me were:
1) "Yes, he's very good looking" (Where the fuck did that come from?)
2) He's a member of the G3.. Probably the most prestigious and intellectual organization in history.
LOL?????
To each his/her own I guess...
The line that got me:
"If you're a Central Banker....and if you are working as hard as my husband was working"
hahahaha....I can imagine it's really hard work...being a central banker...manipulating currency exchange rates...and keeping it all secret from their wives.
Ugh....well she loves and deals in art....
the art of selling the fantasy of bankers working hard could be added to the list I suppose
the god mammon.
It was not a numbered account, it was the account of her gallery and her daughter's account, all trades done by KH and PH via Bank Sarasin in Zürich, account executive Felix Scheuber. She cashed in some 70 grans CHF . Trades were done in the pair USD/CHF not against EUR.
Who are these ZHers who are trading in their pathetic dollars for silver and gold paper and physical while at the same time coming down on someone who did a smart trade that it didn't take insider information to know was a smart move. If you weren't here in mid-summer 2011 then shut the fuck up about the whole thing.
Why would the proceeds of a home sale be deposited in a business account, commingling of funds is a whole separate legal and ethical minefield?
Invoking "God" is the ultimate self righteous justification for various nefarious actions and this rationalization has been eagerly used by pricks (and princess pricks) big and small throughout history.
But it's not just the big guys who do so. Anyone remember "Praise the Lord and Pass the Ammunition"?
http://en.wikipedia.org/wiki/Praise_the_Lord_and_Pass_the_Ammunition
My present day favorite is players on both sides of the (foot)ball praying to "God" to win the game. "Tiny" Tim Tebow comes to mind in this case, but the world of sports has a long (and bloody) tradition of invoking God and country.
Sport is just an euphemism and substitute for armed conflict, just a way to tame the desire to kill
Very sporty comment. :-)
I once pricked a princess on a prickly pear plateau
she told me i was her best then mistook my name as joe
surprised it took this long for some Tebow hater to surface.
Hate'em high ..... you'll live longer off the positive life force energy .....
Tebow and the wife of the former SNB head ....... of course there is a connection ,,,, it is obvious .....(not ....)
depends...
I have friends who have gone into public service and been forced to cash (basically). Cash removes the perception of influence. I don't see how they thought they were above this perception?
Um, did I see an Adams Apple?
Baby jesus defense?
fucking cunt
Did she read O.J. Simpson's book "If I Did It"?
For some narcissicists, it's not enough to get away with it, they have to gloat. Sometimes the line between self-delusion and rubbing it in everyone elses' faces is blurred; it seems.
Get a better than just good Global Operating Device on your side, and you leave all that trouble and strife behind. And that aint any BS at all, kato. There's a lot more going on .... out there, and regarding places and spaces here ....... than is being reported, although you can surely be sure that it is liable to be recorded which allows for both tampering or tempering dependent upon reordering of message text, which is tricky with sweet sticky information spilling special futures intelligence.
Get a better than just good Global Operating Device on your side, and you leave all that trouble and strife behind. And that aint any BS at all, kato. There's a lot more going on .... out there, and regarding places and spaces here ....... than is being reported, although you can surely be sure that it is liable to be recorded which allows for both tampering or tempering dependent upon reordering of message text, which is tricky with sweet sticky information spilling special futures intelligence.
A video would help
The clip was also inactive on my system (mac). Now it's back on, but if you can't view it it's posted at http://www.videoportal.sf.tv/video?id=bbeadca2-4597-4392-bcbe-be558ababc...
She sunk herself with the comment that her (so good looking that it's no surprise he's posted over 15 newspapers at the airport, nothing to do with 'in yer face' fraud) husband should have advised her NOT to do the trade...apparently whilst they were NOT discussing it...
The rest of it is pre-prepared patchwork decoy-speak, probably prepped with one of their legal team...
She's good..was she a trader?
She is a former hedge fund manager
No she was an order 'passer' for Moore capital
Story broken on ZH by Bruce Krasting 1/1/12 "Kashya worked for Moore Capital fifteen years ago". FX trader...
BK's posts: http://www.zerohedge.com/contributed/i-love-stink http://www.zerohedge.com/contributed/kashya-hildebrand-speaks-–-sinks-hubbyShe's in Singapore now, wonder if she's setting up an fx account there lol.
Kinda skanky lookin to be a big central banksters wife?
repeat that three times, then ask yourself why you're laughing.
I hear she was once DSK's maid...
A well rehearsed answer after a quick conference call with Bernanke and Dragi last night! She married one of the devils reincarnated who ran a central bank and you make the bed you lie in, pathological liars are capable of convincing anyone including everyone on here who supports her, she fucked up and there is nothing else too say!
They are NOT lying , they believe they ae the godly ones.
Just as crazy dimon and blankfien believe they are doing the will of god.
They believe it!
Well, she does make some points, but the long knives were out for him anyway. When it's time to go, and you have to be the fall guy for the fucked up policy initiatives of the place you run, this is a great face-saving way to get him out of Dodge. Relax kashya, it's just business.
http://vegasxau.blogspot.com
Wonderful ... all trades were done for the benefit of art.
I have no more questions, then.
with their joint account!
and god... and something about charity, I think. It's all so confusing, but she sure seems nice enough, I'm sure she's telling the truth.
tax deductible and her husband gets another 860000 for the next 12 months because they urged him to leave. Fucking bankers Are all the same around the world
Art, yest art, best way to launder that money and run terrorist operations and black ops.
And most artfully done 'tis said.
I guess God is ok with insider trading.
he has no choice, he's the ultimate insider
LOL
Did you mean "insider" or "inside her"?
even on a bad day, god has better taste
Does God drink?
no, but his bong is enormous which means...he's also the ultimate pacifist. They say the only time he gets really pissed is when they invoke his name in war.
http://well.blogs.nytimes.com/2012/01/11/marijuana-smoking-does-not-harm-lungs-study-finds/?pagemode=print
It was a 'virgin birth' trade, you're obviously nailing the wrong person to the cross.
Weweese Bwian!
hmmm....may be she did God's work...
Hey who didn't see that coming?
I believe her request was entirely rhetorical. Nevertheless, I would pay serious money to see an 8ft x 10ft image of that chart hanging in one of her competitors' galleries. Any contemporary artisit here that can get it done may consider this a commission.
Should be easy enough to photoshop the chart onto the lap of the young boy in the painting behind her.
I'm a struggling (the best sort) contemporary artist, who would take your commission if genuine! However as I've just labelled myself, I guess that blows me out of the water, but my offer stands. Payment would have to be in phyzz though!
What does one really expect from a bitch with "kash" in her first name?
I think she's telling the truth. And it's ok to invoke God if you're innocent. Most people I don't believe, and can flush out the liars, but I have good intuition and I believe her.
I think she's honest also. And i think a lot of these people may be decent people that are part of something that is evil, and really don't understand that it is evil.
And by the same token, one can find corrupt libertarians.
hello Kashya :)
an ex hedge fund trader, who was also "buying gold puts when the time is right"
smoke - meet - fire
Whether she's telling the truth or not is irrelevant. People in a position of power have a duty and obligation not just to avoid conflicts of interest, but also to avoid the APPEARANCE of conflicts of interest. This is a well-established moral and ethical principle. If her husband is in the business of making decisions affecting currencies worldwide, then she shouldn't have anything to do with anything that might appear to benefit from currency transactions. Your international art business relies on currency transactions? Too bad-- GET OUT OF THE BUSINESS for as long as your husband does what he does.
so true, and oh, you'll never work in DC
"My husband's picture is in all the newspapers....and yes, He's very good looking"
Perhaps she's the brains of the operation?
She seemed pretty sure when she was laying out explanations for proper insider trading.
So was God long or short on USD/CHF? Is this divine trading legal?
Like he could turn fiat into gold or something and have an unfair advantage.
Nancy Pelosi-esque.
Tits aren't big enough.
Pelosi has tits? Who knew...
They are huge. Probably knee hangers but just the same.
Thanks for that. The thought of Nancy Pelosi naked just made me throw up in my mouth a little.
Ok, now that Kashya has laid out the FX strategy for me, all I need to do is become homosexual lovers with Bernanke or Draghi.
I would love to see her drop into a "Tebow" during the interview...that would have been a nice touch.
Well done, you beat me to it!
bla bla we're a multicultural family bla bla I travel the world to art galleries bla bla when we sold our chalet bla bla
she does that so we can all relate
Davey Jones, today you are being a Locker Rocker.
Well played all the way down-thread. Sharp!
ori
Ya. Who the fuck hasn't fawned all over some stupid ass blonde dude that painted a bunch of soup cans and called him brilliant over and over and over again.
You moms putting up your kids art on the refrigerator know you are JUST as guilty as aggrandizing for profit!!!
Now go cash that 40k check yo kids gave you for your birthday.
The next line of defense as the shit starts sticking is that they are the victims of racism.
God will remain the most stolen identity on the planet. But whenever that stops working it always goes to the next biggest pool to hide in. Race.
When in doubt speak fast and use a lot on jargon - all she left out was Tebowing at the end.
+1 on the "jargon" comment. I used the same word.
"my word is my bond".....as in bond- I.O.U
Meum pactum dictum!
Is she a twin ... and Blythe Masters her sister?
I'd love to have a threesome with her and Lisa Falcone. Two nutcase high-finance MILFs.
Mmmmm Lisa Falcone (Cue Homer Simpson donut-eating voice) Is she single again? Has Phil been thrown in prison yet?
She invoked Dylan...you go bitch..
So now as I'm leavin'
I'm weary as Hell
The confusion I'm feelin'
Ain't no tongue can tell
The words fill my head
And fall to the floor
If God's on our side
He'll stop the next war.
She is disgusting. She believed the lies she just told, and she is extremely unactractive. I find it funny how many upper class women have no class. She is a vindictive passive aggressive woman. And she has no style. I bet her art gallery sucks ass.
She called her husband "a central banker". He wasn't just a central banker, he was one of the most powerful in the world. They knew what they were doing selling into the peg, listen to her talk. She knows the FX market, jargon, all that. What she did, and what her husband did, deserves jail time. Years of it.
Bankers are disgusting.
that was my very first thought too. her art gallery is just like her husband, full of fingered paint.
I found her hot...
Gross dude. Her PH balance is way off and she's too skinny. She looks like a greasy stick. She is also not pretty at all. She has buggish eyes, skinny lips, and weird hair. And she is mean. Listen to her talk.
You don't want to date upper class broads, they usually have a holier than thou attitude, as you just saw.
The upper class ones think that pussy is lined with silk.
Heh. I'm going to remember that one.
Your forgot creepy teeth...
Maybe she is Steve Buscemi's sister...?
Probably still being creepy AFTER being fixed.
Clinique"Miracle" Night Cream might help restore that ph and tone down that pasty look.
I found her hot too. I'd pick peanuts out of shit with my teeth just to _______ her _______.
Then you need to meet more women.
people who are truly assholes always start off talking nice then as they get into the natural flow, their real tone of voice starts slipping in. I also love her creative use of the word "tragedy." Everything's OK however because they are proud to be a multicultural family. What has that got to do with anything?
Zactly
Could n`t get no sound , but just the mimicry is surely disgusting.
A venomous snake crossed with a vulture.
With a bitch like that, no need to fear hell.
Whether her john be the devil or a central banker...
There's fear, but it's the landlords
They've already planned a mud match with some chick named Helmsley
Obviously her husband was not paying her for the sex...so she had to make her own money...pros be pros...always
I bet she's a horrible lay
The ones with little to no boobs, the skinny, some fat and some ugly ones try to make up for it, but probably not
the bitchy real mean ones, can`t imagine or judge,
maybe you have tried that type too...:-)
I might get junked even more then you, `cause I offended
someones choice of wife needlessly...
maHildie's businesses and associates are mosy likely monetizing the publicity, plus, she gets her old man off a sinking ship, like gPap, bungaBurlesque-oni, and possibly DSK
piratically, maHildie must be reckoned as a masterful moll and a wonderful 'win-some' wench, BiCheZ!
I thought the husband had no clue of the transaction but at 3:55 in her interview, she says he never should have allowed that transaction. I'm just confused but at least God isn't confused and is on her side.
The bitch is convincing, especially the way she raises her eyebrows with each lie she makes. And at least she shaved a part in her unibrow because that would have made it distracting. Clearly a misunderstood, starving artist.
I'm glad she cleared up that misunderstanding. It's all good after that very sincere apology.
She is clearly intelligent, well spoken, professional. And I accept her account of trying to hedge/protect their assets.
Still, it's clear they are far apart from the common person and growing dissatisfaction among the masses. They sold their "chalet" and bought a small apartment; and to go on about her art business and multiculturalism...well la di da. And of course the press is stupid but they only report what will sell. Surely she is smart enough to know the growing digust for central bankers.
She's pissed, but she's pissed at herself mainly for the arrogance of the trade.
Chalet, Chalet, Chalet... Oh, and chateau, too. Jon Corzine:
http://www.nypost.com/p/pagesix/jon_craved_french_chateau_3jOHsxI57aAEsw...
She is another Yoko Ono. Kashya, is it something close kasha (buck wheat from Russia) or it's her artistic name?
but John was a crime victim
But he is good looking.......
Why the fuck are we listening to this ugly self-entitled cunt?
It is obvious that Switzerland is a shitty place because the people put up with too much and are not proud of their libertarian heritage. Therefore, the Swiss deserve to be robbed blind and fucked in the ass till they are screaming for William Tell.
SNB head - removed (for debasing the national currency and central bank's reputation)
FED head - still in office (and still debasing the national currency and bank bank's reputation)
I do have my choice between the two, and I'm much happier on the Swiss side. Call me when Barry has the BagHolder indict Benny and I'll reconsider.
with the right eye ware you can see her reptile like eyes and nostrils..reptiles are never to blame they are what they are.
(see "they live" for context)
that does remind me of a short (aesop's maybe?) fable the scorpion and the frog. The scorpion asks a frog for a ride across the river. The frog is afraid to get stung but acquiesces nonetheless. Midway across the river, the scorpion stings the frog drowning them both. The frog asks why and the scorpion says that it is in its nature.
I heard that one too. But the river was the Jordan and the finishing punch line goes as: "because we are in the Middle East !"
Hey Tyler, not to be off topic but it may be time to add 2012 to your copyright footer.
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