"It Was The Dukes!"
This is true fascism, the joining of totalitarian government with industry and banking.
We are a long way down the road t9o being a fascist state. It must be corrected.
Make the banks accountable.Cancel their FIDC policies.
Gotta love insider trading. The question now is “how and who in those banks are connected to the democrat/Biden/Harris regime?”
I think this is less to do with BLS being nefarious and more to do with the fact they are incompetent.
I read about this issue from another source that had more detail, evidently on the webpage where the information was supposed to be posted at 8am, a phone number to BLS was listed, the banks who got the information early all called the number and simply asked the tech who answered the call what data would be reported, the tech simply told them what would be reported.
In the 30-minute gap before the data was posted online, the rest of Wall Street found out simply calling the number listed on the webpage was how the banks found out early, that resulted the phone lines melting down.
The really stupid part was last night at the DNC convention, Gina Raimondo, Labor Secretary was asked about the screw up because Donald Trump had brought up the issue at his campaign rally.
Raimondo said she did not believe a single thing Trump said, the reporter to her credit told Raimondo, the data came from the BLS which she oversees, Raimondo responded by saying she didn’t know anything about the revised numbers.
I could have made some money trading on this inside info, but I could have gone to jail over it, too. Not so the big guys!
"It Was The Dukes!"
Three Foreign Banks got the MNPI while it was 30 minutes delayed to the rest.
Mizuho, Japan, Nomura, Japan and Paribas, France.
Obvious front running going on overseas. Looks like a Brandon Crime Family Special Op. Brandon Commerce Secretary claims no knowledge there was to even be an announcement. Another illegal financial crime by crooked Joe.
Anything with the word “Bureau” in it should be dissolved.
Ummm...
We knew this was coming FOR DAYS.
The article doesn’t address that ‘leak’ at all - including Bloomberg...almost as though they are trying to distract from it.
Normally GP would be on top of something so obvious. Curious...
After the Bureau of Labor Statistics failed to post its revisions to the monthly payroll figures at 10 a.m. New York time, Mizuho Financial Group Inc. and BNP Paribas SA both called the department and got the number directly. So did Nomura Holdings Inc.’s economic research team, according to a person familiar with the situation.
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hmmm, all 3 are foreign domiciled banking operations?
did they kick up 10% to the big guy as his going away present?
Those banks needed to get “trades” in to “protect” certain people. Timely inside information is worth a lot, and the Deep State milks it. Anyone who thinks the markets aren’t manipulated just isn’t paying attention.
I wonder about that that 818k number.
During the year, each month, the previous month’s numbers were revised downward.
Does that 818k number get taken away from the revised numbers ?
I read about a court case where a former employee was charged with stealing some computer code from Goldman Sachs. It turned out they have a deal with Wall Street to peak at the trades a micro second earlier then other traders. This with the computer doing the trades gives them a big advantage.
Like cheating at poker with a marked deck.
It was almost as if no one had even looked at the numbers until time for them to be released. Then someone looked at the revision totals and had a “Oh crap!” moment and thought “we can’t release this info!”
The delay was strange. I was sitting here waiting on the numbers to post and kept refreshing the page thinking my slow internet connection was the problem. I think they were trying to figure out a way not to post the revisions at all or else a way to fudge the numbers to make them look more favorable.
Finally, they realized there was not much they could do and released the revisions hoping the media would cover for them as usual and spin it as a positive.
DEI hires all the way around.