Free Republic

<p>It doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public.</p>

Financial expert Zubi Diamond, author of Wizards of Wall Street, says that Republican proposals to fix the economy are deficient because they fail to protect invested capital in the stock market from the hedge fund short sellers. Republican Representatives Paul Ryan and John Boehner, who voted for the $700 billion big bank bailouts that began under President Bush, have put forward much-publicized proposals to solve the economic crisis. But Diamond says he has had no luck in getting Boehner?or other top Republicans?to pay any attention to his detailed and specific plan to save the economy by reinstating the safeguard regulations...

This Monday evening, 5/17/2010, beginning 9pm ET: 9pm ET - Don Fredrick, author of The Obama Timeline - call in and ask or comment about Obama's parents, eligibility, his Marxist mentors and partners, the roles of globalist mega-manipulators, Obama and the CIA, and whatever you are concerned about. 10pm ET - Judd Bagley of deepcapture.com - What role did naked short selling on Wall St. play in the financial collapse of 2008? What about the severe downturn, earlier this month? What is the danger, now? More from Judd Bagley on naked short selling and what happened with Bear Stearns and...

Don't even think about not watching these Question: What caused Bear Stearns, then Lehman Brothers to fail on Wall Street, at their appointed times, as the the mortgage meltdown "progressed?" Clue: It wasn't someone who couldn't tell where the "M" and "B" keys are, on a keyboard. Answer: Peruse these videos, produced by Judd Bagley.

Bloomberg video posted on Google video

The FTSE 100 surged the most in its history, joining a global rally, after governments around the world took decisive action in a bid to stop further banking collapses and a full-blown economic crisis. In the UK, a ban by the Financial Services Authority on the short-selling of banking shares saw the index of blue-chip companies soar as traders scrambled to buy bank shares. +++SNIP+++++++++ The FSA made the move on fears that other high street banks could follow HBOS in being targeted by short-sellers, who sell shares before they buy them in the hope of benefiting from a fall...

U.S. SEC Emergency Rule to Curb 'Naked' Short Sales Reuters Tuesday, July 15, 2008; 2:40 PM WASHINGTON - The U.S. Securities and Exchange Commission will issue an emergency rule later Tuesday to stop "naked" short selling in major financial firms, including Fannie Mae and Freddie Mac, the SEC said. Short sellers borrow shares they consider overvalued and sell them. If the price drops, they repurchase the shares, return them and pocket the difference. In a naked short sale, the investor sells stock that has not yet been borrowed. Sellers sometimes deliberately fail to deliver securities as part of a scheme...

U.S. Senator Fears for Life of CEOhttp://www.thesanitycheck.com/BobsS...53/Default.aspx "Dr. Byrne said that Orrin Hatch is fearful for Dr. Byrne's life. And said that he wanted Patrick to get out the message that he would move the earth to get whoever did it, should Patrick meet with an untimely end - hit by a car, plane goes down, chokes on a chicken bone, takes two slugs to the back of the head in a "suicide." Bob O'Brien - "I'm sure that there are a few "journalists" who believe they know better than Intelligence Committee leaders, and believe that trying to expose my...

WASHINGTON - The Securities and Exchange Commission will adopt a new policy on subpoenaing journalists, SEC Chairman Christopher Cox said Thursday in a move to resolve a controversy over the agency's recent demands for reporters' records. Cox and the other four SEC commissioners decided unanimously at a closed-door meeting to issue "clear principles" to guide agency attorneys on media subpoenas within the next week or so, he told reporters in a meeting. On Monday, after news reports had appeared on the matter, Cox took the unusual step of halting the agency's pursuit of subpoenas previously served on columnists for...

A regulatory investigation into allegations of collusion between short-sellers and a stock-research firm has led to the serving of subpoenas on TheStreet.com and its co-founder and major shareholder, James J. Cramer. Both TheStreet.com, which publishes this Web site, and Cramer, who writes a column on its RealMoney subscription site, have objected to the government's demands for communications between journalists and their sources. The subpoenas are related to a Securities and Exchange Commission investigation into allegations that Gradient Analytics, an Arizona stock-research firm, published bearish research reports at the behest of a group of short-sellers, including Rocker Partners, a minority...

Sunday, October 23, 2005 The $10 Billion REFCO Smoking Gun The listing for the assets and liabilities of REFCO was just made available, and guess what just happens to be hiding in the liabilities column? A $10 billion liability, at TODAY's mark to market valuation, called "Securities sold, not yet purchased." $10,590,379,000 - to be precise. Securities that have been sold. But they haven't been bought. Welcome to the wonderful world of naked short selling. Now, one might say, "hey, wait a minute, but Thompson of the DTCC said it's only a $6 billion per day problem." Only.

Aug 25, 2005 12:42:00 AM financialwire.net via COMTEX August 25, 2005 (FinancialWire) With JPMorgan Chase & Co. (NYSE: JPM), Deutsche Bank AG (NYSE: DB), Goldman Sachs Group Inc., Morgan Stanley (NYSE: WMD) and Merrill Lynch & Co. (NYSE: MER), who dominate the credit-derivatives market, reportedly among 14 banks being called on the carpet by the NY Fed over "unconfirmed trades," and a super task force of regulators reportedly auditing the top brokerages over allegations of illegal naked short selling, it could soon be "SHO and tell" time. Regulators are smarting over allegations that they gave super hedge funds a free...