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To: Uncle Bill
We have the responsibility to prevent major financial market disruptions through development and enforcement of prudent regulatory standards and, if necessary in rare circumstances, through direct intervention in market events.

Interesting...the PPT believers are going to love this. Are we experiencing a "rare circumstance" where the government props up certain stocks, hmmmm.........

Here's one thing I've wondered about. Buying stock is so easy today. Could wealthy interests not fond of the US end up owning large proportions of companies which are important to the US economy and defense?

14 posted on 07/20/2002 2:43:27 AM PDT by grania
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To: grania
"Could wealthy interests not fond of the US end up owning large proportions of companies which are important to the US economy and defense?"

Red Gold Rising

Red China was moving to penetrate the U.S. securities markets

Capital-Rich Chinese Firms Look Abroad for Acquisitions

While America Sleeps

PLA Espionage Means Business
"The trail of Chinese agents of influence and enablers leads from corporate boardrooms to the White House. It is a vast spy network that now has tapped into billions of dollars of U.S. pension funds to support military activity, according to Roger Robinson, former senior director of international economic affairs at the National Security Council.

...All of this is part of a master plan that uses U.S. political leaders and lobbying efforts from big-bucks political donors to get export licenses for China, intelligence sources say."

High-Tech Transfers To China Continue Under Bush

Li Ka-Shing's Growing Empire

Who's To Blame In Bank Of NY, Russian Mafia Scandal?

"Russian" Mafia Involved in Stock Fraud in USA

LONDON 'IS LAUNDERING CENTRE FOR RUSSIAN MAFIA CASH'

It can work both ways:

The Harvard Boys Do Russia

An Inconvenient History - The Russian Money Laundering Pyramid

16 posted on 07/20/2002 4:04:11 AM PDT by Uncle Bill
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