[Frantzie]

Fill in the blanks. Dodd is in CT where the majority of big hedge funds are. McCain was hopeless but probably could have won. They needed something. Rahm and Gorelnick had been in Fannie & Freddie. The Sandlers had just dumped World Savings on Wachovia. Chicago is the HQ for the CBOE, CME, and other commodities and futures markets for massive leverage that could be used to cause a panic. They knew the baks had been loaded up with crap due CRA lawsuits by community organizers and ACORN forcing banks to make loans to horrible credit risks.

So the stage was set. Hedge funds probably were linked in through Soros - John Paulson, JC Flowers, David Shaw, SAC and bunch of others. The CME and others in Chicago could allow futures, options and credit default swaps (CDS) to be used to go down the list. Goldman would be safe and would make money off of it. Morgan Stanley and JP Morgan would also be spared. They just went down the list: AIG, Bear, Wachovia, Lehman, Indy Mac and picked em off one at a time.

They probably cleared $200 billion. Bush, Chris Cox at SEC were stunned. Hank Paulson probably knew but would not cross his old cronies at Goldman.

Now Dodd's is doing a payback deal with the CME to force corporations to run their trades through the CME. The thing about a trading exchange is they take a piece of everything like the Mafia.

Someone needs to connect the dots but most people are too scared to go near this. This is a Chicago thing with the commodity, options and other exchanges there. If people think this is BS - you do not know those exchanges.

[Frantzie]

One other thing. Be wary of the market now. More than a few people think the plunge protection team has driven the market up using S&P futures. A few think the hogs (small investors) are getting fattened up for another crash. If rates take off because they cannot sell treasuries then bonds will get hit too.

[blueyon]

I agree with you...and my husband was on one of those Chicago exchanges...I remember when Hillary made $100,000 on a cattle contract....LOL

[ducdriver]

BFL

[HardStarboard]

Was what you describe part and parcel of the $500 billion in Money Market funds that got "disappeared" - literally overnight? {Sept. 08 I think]

Or was that a separate transaction run by Soros and/or some of his buddies.

Love to hear your take on this!

[cricket]

These people need crisis to survive and advance; just as fish need water. Never had a doubt the the Dem hand was playing it's card to bring financial crisis. Think Chuck Shumer's slip per Fannie and Freddie, in early May; either premature or planned. . .but with intention to weaken the wall; IMHO. This was their October Surprise; and they have played for all it's worth. . .(irrespective of cause/effect) just as they have played and manipulated public opinion during eight years of GW Bush.

Perception is reality; but in the case of world fiance. . .that reality means something.

The Left has historically wreaked havoc, pain and suffering upon huge populations so as to serve their agenda. Nothing different here; save we have not yet arrived at full revolution. . .but we can see them now, working on that one or at least an excuse to avoid the 'perception' of one.(i.e. Obama's own militia. . .the 'fear MO per free speech' et al ad nauseum).

[demsux]

Interesting that so many politicians have different last names then their spouses.

Claire McCaskill (D-MO) is married to Joe Shepard (Slumlord).

[Glenn]

which paid her $153,219 in 2009

Considering the millions over millions made by the real players, she is one cheap whore.

[Oceander]