Department of Justice
Bailout World: Volkswagen "Cheating" Fine Is 20 Times Higher Than GM's For 'Killing 174 People'
Submitted by Tyler Durden on 09/21/2015 10:40 -0500When bailout-darling GM 'fessed up to an intentional ignition-switch defect, tied to at least 174 deaths, The Justice Department fined them $900 million (and no employees faced criminal charges). So, in this consequence-less world in which we live, when Volkswagen admits to literally cheating emissions-standards tests, it faces up to $18 billion in fines from The EPA, one has to wonder whether "we" have our priorities right?
U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal
Submitted by Sprott Money on 09/17/2015 08:13 -0500First we had “too big to fail”. Then came “too big to jail”. Now, finally, the U.S. Department of “Justice” is letting us know what it really thinks: U.S. Big Banks simply have a license to steal.
How The Justice Department Is Actively Preventing Civil Asset Forfeiture Reform
Submitted by Tyler Durden on 09/15/2015 19:30 -0500When we say that the rule of law is dead in America, we are not exaggerating. Civil asset forfeiture is one of the most unethical and barbaric practices routinely performed by law enforcement in these United States today. Naturally, the Department of Justice is doing everything it can to protect the practice.
Public School Students Are The New Inmates In The American Police State
Submitted by Tyler Durden on 09/14/2015 21:05 -0500If you want a nation of criminals, treat the citizenry like criminals. If you want young people who grow up seeing themselves as prisoners, run the schools like prisons. But if you want to raise up a generation of freedom fighters, who will actually operate with justice, fairness, accountability and equality towards each other and their government, then run the schools like freedom forums. Remove the metal detectors and surveillance cameras, re-assign the cops elsewhere, and start treating our nation’s young people like citizens of a republic and not inmates in a police state.
Frontrunning: September 10
Submitted by Tyler Durden on 09/10/2015 06:35 -0500- Compare: S&P 500 Futures Advance After U.S. Stocks Ignored Global Rally (BBG)
- And contrast: Global Stock Rally Grinds to a Halt (BBG)
- And be very confused: Global Stocks Lower on U.S. Interest Rate Uncertainty (WSJ)
- Hilsenrath: Fed Wavers on September Rate Rise (WSJ)
- Time for more QE: Abe Adviser Says Next Month Good Opportunity for BOJ Easing (BBG)
- Brazil downgraded to junk rating by S&P, deepening woes (Reuters)
- Kiwi dollar tumbles after New Zealand cuts interest rates (Reuters)
Denver Police Arrest "Jury Nullification" Activist For Passing Out Informational Pamphlets
Submitted by Tyler Durden on 08/25/2015 21:50 -0500Most of you will be familiar with the concept of jury nullification. Unfortunately, the vast majority of Americans are not. This is precisely why Mark Iannicelli set up a “Jury Info” booth outside the Lindsay-Flanigan Courthouse in Denver. When you recognize the vast power that such a concept holds, you recognize why it would be so hated by statists and authoritarians across the land. That is precisely why Mr. Iannicelli was arrested and charged with handing out information.
Introducing The Gigantic And Dangerous Wall Street Loophole You’ve Never Heard Of
Submitted by Tyler Durden on 08/22/2015 11:30 -0500- Bank of America
- Bank of America
- Barack Obama
- Ben Bernanke
- Ben Bernanke
- Citigroup
- Cleary Gottlieb
- Commodity Futures Trading Commission
- Cronyism
- Department of Justice
- Elizabeth Warren
- Enron
- goldman sachs
- Goldman Sachs
- Hong Kong
- Janet Tavakoli
- Lehman
- Lehman Brothers
- Morgan Stanley
- Obama Administration
- Reuters
- Securities Industry and Financial Markets Association
- SIFMA
- Washington D.C.
The following story is guaranteed to make you sick. Once again, we’re shown that following trillions in taxpayer funded bailouts and backstops, TBTF Wall Street banks immediately went ahead and focused all their attention obtaining loopholes in order to transfer risk and make billions upon billions of dollars in the financial matrix, as opposed to adding any benefit whatsoever to society.
Paul Craig Roberts: "America Is A Gulag"
Submitted by Tyler Durden on 08/21/2015 21:00 -0500America is a gulag. We are ruled by a government that is devoid of all morality, all integrity, all compassion, all justice. The government of the United States stands for one thing and one thing only: Evil. You are part of the new Captive Nation.
Americans Are Finally Waking Up To "False Flag" Terror
Submitted by Tyler Durden on 08/15/2015 20:00 -0500Governments from around the world admit they carry out false flag terror. People are slowly waking up to this whole con job by governments who want to justify war. More people are talking about the phrase “false flag” than ever before.
Navajo Nation Vows To Hold EPA Accountable As Colorado River Poisoner Identified
Submitted by Tyler Durden on 08/13/2015 20:05 -0500
"Project Omega" - Why HFTs Never Lose Money: The Criminal Fraud Explained
Submitted by Tyler Durden on 08/13/2015 14:31 -0500- Algorithmic Trading
- B+
- Bloomberg News
- Cliff Asness
- dark pools
- Dark Pools
- Department of Justice
- fixed
- goldman sachs
- Goldman Sachs
- HFT
- High Frequency Trading
- High Frequency Trading
- Liquidnet
- Market Manipulation
- None
- Prop Trading
- Reality
- Securities and Exchange Commission
- Stop Trading
- Trading Strategies
- United States Attorney
- Wall Street Journal
It doesn't get more flagrant than this: the full HFT criminal monty exposed for all to see.
New York Hedge Fund Och-Ziff Under Investigation For Bribery In $100M "Loan" To Zimbabwe Dictator Mugabe
Submitted by Tyler Durden on 08/07/2015 14:00 -0500In this case, it’s not just about theft and destroying the world economy. Giant financial firms can apparently just “settle” even when grotesque human rights abuses occur. This is how “justice” works in America.
Hillary Clinton's FBI Investigation Is A "Criminal Probe": Post
Submitted by Tyler Durden on 08/05/2015 22:38 -0500Moments ago a far less liberal outlet than either the WaPo or the NYT, came out with its own interpretation of the ongoing FBI escalation involving Hillary, and according to the NY Post, "the FBI investigation into former Secretary of State Hillary Rodham Clinton’s unsecured e-mail account is not just a fact-finding venture — it’s a criminal probe, sources told The Post on Wednesday."
Friday Humor: The Trump White House & Cabinet
Submitted by Tyler Durden on 07/31/2015 14:20 -0500Having told Jimmy Kimmel that he "would love to" appoint Sarah Palin to his cabinet, The Washington Post asks (and answers), just what would a trump cabinet look like?
In Latest Market-Rigging Scandal, ITG Busted For Frontrunning Clients In Its Dark Pool
Submitted by Tyler Durden on 07/29/2015 19:36 -0500Since the market is once again on the verge of a terminal liquidity seizure with its associated side-effects (see China for details), the authorities needed to remind the "market" just who the scapegoat will be when the next crash finally does come. Which is why earlier today in an unexpected "preliminary second quarter guidance" release, ITG, owner of the Posit dark pool, was just busted with a $22.6 million potential SEC settlement for what appears to have been blatant frontrunning of company clients in its own prop trading pod. But what is particularly amusing in this case is that while everyone knows that when it comes to HFT's, it is never called "rigging" - the proper nomenclature is "glitch", so now we learn a new term to use instead of "criminal frontrunning" - drumroll... trading experiment,



