Posted on 01/10/2011 11:02:17 AM PST by Nachum
looky
Did the poor girl, (or her husband) try and rat out on the Chicago Mob? The dirty deal that sold Duke Energy to Progress Energy. Progress energy just happened to go green last fall. Fired hundreds of employees. Just in time to take over the Energy industry and full ol Georgees pockets?
Arkancide meets the Chicago way?
Thanks, bitt.
Say, porter_knorr asked where was 0bumma on 9-11-2001. Does anyone know?
All roads lead back to Soros.
Did you happen to find anything linking back to Kenya?
http://www.nytimes.com/2010/11/09/business/09flash.html
The Flash Crash, in Miniature
By GRAHAM BOWLEY
Published: November 8, 2010
BlackBerrys were buzzing inside Progress Energy in Raleigh, N.C.: in a blink, the 102-year-old utility had been virtually wiped out on Wall Street.
(snip)
And to corporate executives caught in the middle, it is all just plain hair-raising and still puzzling.
That September afternoon, with fearful investors on the phone from New York, Mark F. Mulhern, Progress Energys chief financial officer, was told by the exchanges that it was all a mistake. A wayward keystroke by a trader somewhere had unleashed a powerful computer algorithm that had devoured Progress Energys stock in moments.
Progress Energy stock was trading at about $44.57 a share, and a dealer at an unidentified brokerage firm had entered a mistaken sell order into a computer that instantly drove the price to $4.57. Dozens of trades were declared void, and after a five-minute halt, normal trading resumed.
Mr. Mulhern says he still does not really know what caused the sell-off and worries what mini flash crashes like this one are doing to investors confidence in the stock market.
It is a little disconcerting when a trade like this could cause this kind of havoc, he said. It has got implications for the confidence in our markets. I dont know what caused it, to tell the truth. The one hesitation all investors have about the market is the drift to so much electronic trading. It is so fast and real time, you have to wonder a little bit how these things happen, and can the regulatory procedures, the stop measures, can they really keep up with the technology?
Robert F. Drennan Jr., the vice president for investor relations at Progress Energy, said he had reviewed the trading records and had noticed unusual trading activity in the run-up to the plunge. He said Progress Energy was not a heavily traded stock; it may go for several seconds without a trade. But before the price fell, There was a big ramp-up in the trades, hundreds of trades a second, he said.
Mr. Mulhern said he received calls from worried investors, including hedge funds: When the hedge funds call up and start to complain, you know you have a problem.
(snip)
Say, porter_knorr asked where was 0bumma on 9-11-2001. Does anyone know?
Scanning the archives, no where in the news.
Also searched 2001 “obama” + “9/11” ... zero results.
Thx for all the pings Lucy - I’m beginning to wonder if 2011 will be the year of odd deaths.
Still hoping for the truth in the Wheeler case.
Wow thanks a lot Maggie now it really makes you wonder if that fat finger pushed on purpose.
Good find maggie. Makes you wonder who is manipulating these things and for what purpose. I was reading last night that Progress Energy was not on board with Obama’s energy bill and made public comments that it would drive up the cost of energy to levels never seen before in this country. I wonder if this was payback or a chicago way warning?
Perhaps that problem was “solved”.
Good analysis. I'm using a paraphrase for my tag if that's OK.
Be my guest!
Great find, maggief.
‘I was reading last night that Progress Energy was not on board with Obamas energy bill ‘
Ah, but then, why would Soros’ group buy it then? When was this- before or after Soros group’s buy in and merger proposal? A convenient way to get rid of opposition isn’t it? Buy them out.
Could he have been the main target, since bullet exited Gifford’s forehead and shot at on a few feet distance, hmmm???
That’s a good question. If I get a little time later, I’ll track back and see what I can find out and ping you.
Just speculating here, but Ashley,as a lobbyist for Progress Energy, would have been in a unique position to be the go between between Progress Energy and the administration being that her husband is Obama’s main point man on Congressional bills(the energy bill included). Any money changing hands or back room deals would have been facilitated between her husband, herself and Obama. Lots of intrigue here if you ask me.
A mother of three and in a car before 5 AM, fishy???
Ah, so who would be sending a message to whom? Intrigue, yes.
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