It's Official - Exxon Hits Record Profits for Any Corporation Ever
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Utterly my pleaseure to bring anything substantive to your attention for review. 
Funny you have arrived at these questions too. I was here about 3 months ago, and the best I have read lately that explains this with any hope of truth is that the Rothschild family in particular is not happy with the resistance seen in Americans recently. Apparently we are still "rebellious" and they have a hard time keeping us in-line and obedient. We are too wealthy and have had it too good for too long. They are now going to put us in our place and make us realize that we are not the superpower of the world we think we are.
We are MOST vulnerable in our transportation, since we are a nation based on urban sprawl and open spaces. So it makes sense to hit us in the transportation pocket first. It affects every American - how we get to work, play on weekends, drive 1000's of miles to vacation or play at beaches and/or mountains, we ride motorcycles and atvs and jet skis for fun. We charter fishing boats 100 miles offshore to catch 1 fish and return without it (catch and release). We use lawnmowers that use gas, and weedeaters that use gas, etc. So where is the place to hit us and make us suffer? The pump.
The long-term goal is to milk all of the wealth out of us and direct it towards Asia for infrastructure and development, only to turn right back around and rule Asia through large corporations and banks as well.
As for Europe, well, that is the home of all the powerplayers. Royalty from England and Russia were the natural inheritors to the wealth of those natural resources even before America was nown to exist. It's their homeland. Apparently, they are partial to it again, and it appears that England will be the capital of the world. Think about this... England is where it all truly started inthe 1700's, and even today, they still have their own currency - despite being smaller than almost any other single country on the EurAsian continent. How come Germany and Austria and Greece and all the other countries went to the Euro, but England didn't? At one time it was a mantra that "the sun nevers sets on the Brittish Empire" as they ruled territories and land that completely spanned the globe. I think they have learned that it is better to simply control the country than to try to occupy it in totality. Hence you fight with the pen instead of the sword.
And why is the Great British Pound still trading stronger than any other currency in the world? London will be the capital of the world one day if all goes well, and the pound will be the marque of currency. That is my prediction at this time, based on what I see/know right now.
As for the Russians - again, there is the history of royalty that blends with that of England. Prince Phillip himself has direct lineage to Catherine the Great of Russia, and Frederick I King of Prussia. And don't forget - Nicholas II of Russia (born Nikolai Aleksandrovich Romanov) was the last Tsar of Russia. He was worth an estimated $253.5 billion USD at the turn of 1900, making him the 3rd wealthiest man ever. So there is a place in the bigger plan for Russia, it just might not be as obvious as the plan for the US and China.
There are some decent theories out there, but I have to admit at this point I don't have anything that I would begin to consider a "definite plan" other than the elite wanting to have a world in which all peeons are equal and live under one leadership and law... it's easier to control the world if everyone is under one government and YOU control that government, huh?
So far, from the posts here and from my research, I gather that it's in the interests of the NWO advocates (lets call it "the organization") to diminish the influence of the US and to reduce its wealth, and gain a totalitarian control over it.
However, where do other countries/regions come into play in all of this?
There is the EU, which is also considerably affected by the organization. What role will it play in paving the road for the NWO?
However, where do other countries/regions come into play in all of this?
There is the EU, which is also considerably affected by the organization. What role will it play in paving the road for the NWO?
We are MOST vulnerable in our transportation, since we are a nation based on urban sprawl and open spaces. So it makes sense to hit us in the transportation pocket first. It affects every American - how we get to work, play on weekends, drive 1000's of miles to vacation or play at beaches and/or mountains, we ride motorcycles and atvs and jet skis for fun. We charter fishing boats 100 miles offshore to catch 1 fish and return without it (catch and release). We use lawnmowers that use gas, and weedeaters that use gas, etc. So where is the place to hit us and make us suffer? The pump.
The long-term goal is to milk all of the wealth out of us and direct it towards Asia for infrastructure and development, only to turn right back around and rule Asia through large corporations and banks as well.
As for Europe, well, that is the home of all the powerplayers. Royalty from England and Russia were the natural inheritors to the wealth of those natural resources even before America was nown to exist. It's their homeland. Apparently, they are partial to it again, and it appears that England will be the capital of the world. Think about this... England is where it all truly started inthe 1700's, and even today, they still have their own currency - despite being smaller than almost any other single country on the EurAsian continent. How come Germany and Austria and Greece and all the other countries went to the Euro, but England didn't? At one time it was a mantra that "the sun nevers sets on the Brittish Empire" as they ruled territories and land that completely spanned the globe. I think they have learned that it is better to simply control the country than to try to occupy it in totality. Hence you fight with the pen instead of the sword.
And why is the Great British Pound still trading stronger than any other currency in the world? London will be the capital of the world one day if all goes well, and the pound will be the marque of currency. That is my prediction at this time, based on what I see/know right now.
As for the Russians - again, there is the history of royalty that blends with that of England. Prince Phillip himself has direct lineage to Catherine the Great of Russia, and Frederick I King of Prussia. And don't forget - Nicholas II of Russia (born Nikolai Aleksandrovich Romanov) was the last Tsar of Russia. He was worth an estimated $253.5 billion USD at the turn of 1900, making him the 3rd wealthiest man ever. So there is a place in the bigger plan for Russia, it just might not be as obvious as the plan for the US and China.
There are some decent theories out there, but I have to admit at this point I don't have anything that I would begin to consider a "definite plan" other than the elite wanting to have a world in which all peeons are equal and live under one leadership and law... it's easier to control the world if everyone is under one government and YOU control that government, huh?
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From: Melbourne, Australia
On the subject of media ownership, there really needs to be strict laws governing media ownership. We are very much being dumbed down. We only get to see/read what the powers want us to believe. It's in their best interests that we accept their reasoning, not ours. We should never lose sight of that fact! There are always underlying motives that are not always apparent. Make sure you instill this notion into your kids but do it when they are mature enough to understand.
Another thing I've read that will really hurt the Fed... is to stop paying tax. I don't know how the tax system is structured in the US but down here in Australia, it's almost impossible to avoid paying tax. If we avoid driving our cars to work, we'd use less oil. Less oil would mean less $$$ for the banks and their shareholders. These approaches do not seem very feasible but the aim is to hit these power-mongers right where it hurts them - in the hip pocket.
Ultimately, we need to rally in the streets and demand that the public know who the banks' real owners are, demand to know what other assets they control (such as the media) and protest against the blatant manipulation of stock prices. It's called 'People Power' and it's the only real way we can help people to really open their eyes to what's really going on in the world.
People are not dumb. You can't confuse people who are already enlightened.
EDIT: I asked 4 persons in the office yesterday if they knew who the richest family in the world were. They each came up with a different answer... Bill Gates (& wife) was the most obvious while one mentioned B-u-s-h & C-h-e-n-e-y. But nobody had ever heard of the Rothschilds!!! This would be the most typical of responses I'd suspect.
Last edited by SSbaby; Sep 5, 2008 at 10:58 PM.
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From: Melbourne, Australia
Proud, thanks for your posts and for digging up the information...
So far, from the posts here and from my research, I gather that it's in the interests of the NWO advocates (lets call it "the organization") to diminish the influence of the US and to reduce its wealth, and gain a totalitarian control over it.
However, where do other countries/regions come into play in all of this?
There is the EU, which is also considerably affected by the organization. What role will it play in paving the road for the NWO?
Where does Asia (and China) stand in all of this, and how extensive is the organization's sphere of influence there?
What about Russia? It seems to be quite sensible. For example, the young oil tycoon Khodorovsky, who appears to have been backed by the elite (the organization), was eventually thrown into prison. He did, however, sell his stake in the Russian oil company to one of the Rothschilds. Russia seems to be trying to clamp down on the elites and tries to take control of various powerful/rich organizations/entities. So, the question I have is, what level of influence does the organization have in Russia, and what would it like to accomplish there, considering that Russia is opposing such movements?
So far, from the posts here and from my research, I gather that it's in the interests of the NWO advocates (lets call it "the organization") to diminish the influence of the US and to reduce its wealth, and gain a totalitarian control over it.
However, where do other countries/regions come into play in all of this?
There is the EU, which is also considerably affected by the organization. What role will it play in paving the road for the NWO?
Where does Asia (and China) stand in all of this, and how extensive is the organization's sphere of influence there?
What about Russia? It seems to be quite sensible. For example, the young oil tycoon Khodorovsky, who appears to have been backed by the elite (the organization), was eventually thrown into prison. He did, however, sell his stake in the Russian oil company to one of the Rothschilds. Russia seems to be trying to clamp down on the elites and tries to take control of various powerful/rich organizations/entities. So, the question I have is, what level of influence does the organization have in Russia, and what would it like to accomplish there, considering that Russia is opposing such movements?
There are definitely attempts to bring down the Russian govt through the media and through challengers of the current regime in government. So far, the Kremlin is holding firm. The Russians have been through this before, long before the USA... so they're very vigilant and circumspect in regards to certain political agendas. It's partly the reason why Putin was so popular...
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Russia has former KGB persons running the country (as opposed to puppets) and they are resisting the influence of the NWO. Also, anit-semitism is high there... as you mention, they are jailing the likes of Khodorovsky and others who are attempting to undermine the govt.
There are definitely attempts to bring down the Russian govt through the media and through challengers of the current regime in government. So far, the Kremlin is holding firm. The Russians have been through this before, long before the USA... so they're very vigilant and circumspect in regards to certain political agendas. It's partly the reason why Putin was so popular...
There are definitely attempts to bring down the Russian govt through the media and through challengers of the current regime in government. So far, the Kremlin is holding firm. The Russians have been through this before, long before the USA... so they're very vigilant and circumspect in regards to certain political agendas. It's partly the reason why Putin was so popular...
Putin is really causing a problem for the rest of the world's leaders right now because he won't play by their rules. He has a plan for his oil and fuel reserves and does not want to lpay with the big boys of the market on their terms. I think it's kinda funny. It will be interesting to see what happens to Putin in the next 12-18 months.
Another thing, even though Russia has it's economic problems, it still is home to some of the most incredible wealth in the world... it's just privately held - not governmentally held. The world's elite have interests there for sure.
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The Holy Grail Of Pricing Data!!!
I can't believe some journalist has FINALLY published a piece like this one...
Study links oil prices to investor speculation
"WASHINGTON - Speculation by large investors — and not supply and demand for oil — were a primary reason for the surge in oil prices during the first half of the year and the more recent price declines, an independent study concluded Wednesday."
""We have clear evidence the fund flow pushed prices up and the fund flow pushed prices down," said Michael Masters of Masters Capital Management, calling the amount of money moving into oil futures markets by large institutional investors in the early part of the year "way off the scale."
Don't we in this thread KNOW what kind of "way off the scale" is being discussed? And who are the financial parties that are buying in and selling out on a plan? PLEASE tell me some of you following this thread are now putting 2 and 2 together.
"Sen. Byron Dorgan, D-N.D., said he wants to know "how oil speculators were able to drive prices up and down while the CFTC was asleep at the switch."
"The CFTC has its head in the sand," said Rep. Bart Stupak, D-Mich., chairman of the House Energy and Commerce investigations subcommittee."
They weren't "asleep at the switch", they were doing exactly as they were instructed to do by their superiors. Someone will be fired as a scapegoat, the system "reset", and we'll be ready to play it again in a couple months. Mark my words.
"Stupak said the Masters report shows that that oil prices soared when speculators poured money into future markets even as the federal Energy Information Administration was forecasting supply would exceed demand."
"Legislation before the Senate would put limits on the amount of oil certain traders, interested only in speculation, would be allowed to purchase in futures markets and give new authorities and staff to the CFTC to regulate oil markets."
Anybody want to place a wager on this legislation that congress is proposing? Now, just HTF is the US Congress going to keep a British Banker from buying 30% of the oil coming out of the ground in Saudi-Arabia?!?! Even the joker can't riddle-me that one, Batman.
Back in post #31, a contributor to this discussion says he was fortunate enough to be in a presentation where a representative from Marathon oil presented at a DOE conference, and explained how the price of oil and crude could be seen following the "good ol' market fundamentals", meaning supply and demand. At this point, I can't thank the contributor enough for posting that information for us all... it wasn't a presentation of fact, it was a PR campaign based on heresay. It simply shows how the big cogs in the business are trying their best to bamfoozle the public into believing their BS stories, and allowing them to continue doing it without resistance.
I can't tell you how I'd LOVE to talk to the poor Marathon sap that did that presentation now. I hope someone from the DOE recalls that presentation and subpoenas the guy to appear before congress in open public hearing on the issue. He can then either tell the truth, or go to jail.
Either way, the private study, comissioned and submitted by congress, would seem to debunk the "supply/demand theory" in favor of the "I have money, we do as I say theory", doesn't it?
I will be anxiously waiting for the naysayers to come out in support of the "supply/demand" theory for oil prices now. They better have their intellectual guns fully loaded.
Study links oil prices to investor speculation
"WASHINGTON - Speculation by large investors — and not supply and demand for oil — were a primary reason for the surge in oil prices during the first half of the year and the more recent price declines, an independent study concluded Wednesday."
""We have clear evidence the fund flow pushed prices up and the fund flow pushed prices down," said Michael Masters of Masters Capital Management, calling the amount of money moving into oil futures markets by large institutional investors in the early part of the year "way off the scale."
Don't we in this thread KNOW what kind of "way off the scale" is being discussed? And who are the financial parties that are buying in and selling out on a plan? PLEASE tell me some of you following this thread are now putting 2 and 2 together.
"Sen. Byron Dorgan, D-N.D., said he wants to know "how oil speculators were able to drive prices up and down while the CFTC was asleep at the switch."
"The CFTC has its head in the sand," said Rep. Bart Stupak, D-Mich., chairman of the House Energy and Commerce investigations subcommittee."
They weren't "asleep at the switch", they were doing exactly as they were instructed to do by their superiors. Someone will be fired as a scapegoat, the system "reset", and we'll be ready to play it again in a couple months. Mark my words.
"Stupak said the Masters report shows that that oil prices soared when speculators poured money into future markets even as the federal Energy Information Administration was forecasting supply would exceed demand."
"Legislation before the Senate would put limits on the amount of oil certain traders, interested only in speculation, would be allowed to purchase in futures markets and give new authorities and staff to the CFTC to regulate oil markets."
Anybody want to place a wager on this legislation that congress is proposing? Now, just HTF is the US Congress going to keep a British Banker from buying 30% of the oil coming out of the ground in Saudi-Arabia?!?! Even the joker can't riddle-me that one, Batman.
Back in post #31, a contributor to this discussion says he was fortunate enough to be in a presentation where a representative from Marathon oil presented at a DOE conference, and explained how the price of oil and crude could be seen following the "good ol' market fundamentals", meaning supply and demand. At this point, I can't thank the contributor enough for posting that information for us all... it wasn't a presentation of fact, it was a PR campaign based on heresay. It simply shows how the big cogs in the business are trying their best to bamfoozle the public into believing their BS stories, and allowing them to continue doing it without resistance.
I can't tell you how I'd LOVE to talk to the poor Marathon sap that did that presentation now. I hope someone from the DOE recalls that presentation and subpoenas the guy to appear before congress in open public hearing on the issue. He can then either tell the truth, or go to jail.
Either way, the private study, comissioned and submitted by congress, would seem to debunk the "supply/demand theory" in favor of the "I have money, we do as I say theory", doesn't it?
I will be anxiously waiting for the naysayers to come out in support of the "supply/demand" theory for oil prices now. They better have their intellectual guns fully loaded.
Last edited by ProudPony; Sep 10, 2008 at 02:28 PM.
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Last week, I made a post about what we can do to start making a difference in the way things are going.
In THAT POST, I specifically said to "Keep a decent amount of cash and other "valuables" on-hand, stored safely and securely - NOT in a bank. Sure, I have my 401K and IRAs and other investments - I'm not a radical extremeist that does not participate in everyday activities, but I also have enough cash stuck away right now that I can survive and buy goods for a long time even if the bank I use declares bankruptcy and the Federal Reserve refuses to pay my FDIC claim on my account. "
There's a reason I said that. Remember, my mom worked in a major bank for 31 years and retired from there as VP of their mortgage department, so I am all about saving and banking. She always made it a point that we never put more than $100k in an account just because of the FDIC insurance cap. If you want to insure more than that in one account, you need a special account that has aditional fees to cover the insurance.
CHECK THIS OUT...
Berkshire tightens insurance for bank deposits: report
"Billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has told one of its units to stop insuring bank deposits above the amount guaranteed by the U.S. federal government, the Wall Street Journal reported.
The subsidiary, Kansas Bankers Surety Co, is notifying about 1,500 banks in more than 30 states that it will no longer offer a program called "bank deposit guaranty bonds."
The order was made on Monday by Buffett, Berkshire Hathaway's chief executive, two people briefed on the matter told the Journal.
KBS is an 18-employee subsidiary of Berkshire Hathaway, according to the parent firm's 2007 annual report. It is one of a handful of firms that offer such insurance, a big selling point for banks trying to attract wealthy customers."
Now why would a billionaire not want to provide insurance on accounts of wealthy investors?!?! Why would he rather let the Fed insure those accounts? Anyone think a slight-of-hand might be coming with regards to investements and banking styles of the wealthy?
Would he rather pay back billions in lost money from claims against his insurance company, or have the taxpayers reimburse the losses through the Fed? Hmmm...
Seriously, THIS IS A HUGE INDICATOR IMO.
When banks start going under, we are going to have a BIG problem on our hands.
In THAT POST, I specifically said to "Keep a decent amount of cash and other "valuables" on-hand, stored safely and securely - NOT in a bank. Sure, I have my 401K and IRAs and other investments - I'm not a radical extremeist that does not participate in everyday activities, but I also have enough cash stuck away right now that I can survive and buy goods for a long time even if the bank I use declares bankruptcy and the Federal Reserve refuses to pay my FDIC claim on my account. "
There's a reason I said that. Remember, my mom worked in a major bank for 31 years and retired from there as VP of their mortgage department, so I am all about saving and banking. She always made it a point that we never put more than $100k in an account just because of the FDIC insurance cap. If you want to insure more than that in one account, you need a special account that has aditional fees to cover the insurance.
CHECK THIS OUT...
Berkshire tightens insurance for bank deposits: report
"Billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has told one of its units to stop insuring bank deposits above the amount guaranteed by the U.S. federal government, the Wall Street Journal reported.
The subsidiary, Kansas Bankers Surety Co, is notifying about 1,500 banks in more than 30 states that it will no longer offer a program called "bank deposit guaranty bonds."
The order was made on Monday by Buffett, Berkshire Hathaway's chief executive, two people briefed on the matter told the Journal.
KBS is an 18-employee subsidiary of Berkshire Hathaway, according to the parent firm's 2007 annual report. It is one of a handful of firms that offer such insurance, a big selling point for banks trying to attract wealthy customers."
Now why would a billionaire not want to provide insurance on accounts of wealthy investors?!?! Why would he rather let the Fed insure those accounts? Anyone think a slight-of-hand might be coming with regards to investements and banking styles of the wealthy?
Would he rather pay back billions in lost money from claims against his insurance company, or have the taxpayers reimburse the losses through the Fed? Hmmm...
Seriously, THIS IS A HUGE INDICATOR IMO.
When banks start going under, we are going to have a BIG problem on our hands.
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From: Yadkinville, NC USA
Good news about oil comapnies just keeps rolling in...
Oil brokers sex scandal may affect drilling debate
"The two-year, $5.3 million investigation by Interior's inspector general found workers at the Minerals Management Service's royalty collection office in Denver partying, having sex, using drugs and accepting gifts and ski trips and golf outings from energy company representatives with whom they did government business."
"Between 2002 and 2006, 19 oil marketers — nearly a third of the Denver office staff — received gifts and gratuities from oil and gas companies, including Chevron Corp., Shell, Hess Corp. and Denver-based Gary-Williams Energy Corp., the investigators found."
"Employees frequently consumed alcohol at industry functions, had used cocaine and marijuana, and had sexual relationships with oil and natural gas company representatives" who referred to some of the government workers as the "MMS Chicks."
"This is why we must not allow Big Oil's agenda to be jammed through Congress," said Sen. Bill Nelson, D-Fla., who strongly opposes any expansion of offshore drilling, especially closer to Florida. He said the report "shows the oil industry holds shocking sway over the administration and even key federal employees."
Isn't it illegal to OFFER a bride as well as to take one?
Doesn't this implicate the oil companies in "conspiracy to defraud"?
I wish I were a corporate lawyer for a few months.
Oil brokers sex scandal may affect drilling debate
"The two-year, $5.3 million investigation by Interior's inspector general found workers at the Minerals Management Service's royalty collection office in Denver partying, having sex, using drugs and accepting gifts and ski trips and golf outings from energy company representatives with whom they did government business."
"Between 2002 and 2006, 19 oil marketers — nearly a third of the Denver office staff — received gifts and gratuities from oil and gas companies, including Chevron Corp., Shell, Hess Corp. and Denver-based Gary-Williams Energy Corp., the investigators found."
"Employees frequently consumed alcohol at industry functions, had used cocaine and marijuana, and had sexual relationships with oil and natural gas company representatives" who referred to some of the government workers as the "MMS Chicks."
"This is why we must not allow Big Oil's agenda to be jammed through Congress," said Sen. Bill Nelson, D-Fla., who strongly opposes any expansion of offshore drilling, especially closer to Florida. He said the report "shows the oil industry holds shocking sway over the administration and even key federal employees."
Isn't it illegal to OFFER a bride as well as to take one?
Doesn't this implicate the oil companies in "conspiracy to defraud"?
I wish I were a corporate lawyer for a few months.
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Posts: 1,214
From: City of Champions, MA, USA
And OPEC died today..................................
http://blogs.moneycentral.msn.com/to...h-of-opec.aspx
http://blogs.moneycentral.msn.com/to...h-of-opec.aspx
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Posts: 3,180
From: Yadkinville, NC USA
And OPEC died today..................................
http://blogs.moneycentral.msn.com/to...h-of-opec.aspx
http://blogs.moneycentral.msn.com/to...h-of-opec.aspx
The contract linked earlier in this thread, whereby Kissinger made a pact with Saudi Arabia, links the oil they produce to the US dollar. This shores up our dollar for global trading.
In addition, it makes the market a little more stable... IF they actually provide what the world asks for instead of playing the supply-control card.
Lastly, it gives the US more bargaining room to deal with Russia and China, as the same contract that Kissinger signed with S.A> also provides for the US to keep war machines in place in and around Saudi Arabia to "protect" them as our allies (and as our supply of energy to be honest).
HUGE.
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From: Toronto, ON Canada
Saw this yesterday and simply HAD to put it out here for discussion...
Large U.S. bank collapse ahead, says ex-IMF economist
"The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday. "
"The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
"We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff, who is an economics professor at Harvard University and was the International Monetary Fund's chief economist from 2001 to 2004.
Interesting that he was the International Monetary Fund's chief economist from 2001 to 2004, and now he's telling what is wrong and what we're going to see, huh? Is that Monday morning quarterbacking, or is that getting back at someone in the IMF for releasing him?
Large U.S. bank collapse ahead, says ex-IMF economist
"The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday. "
"The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
"We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff, who is an economics professor at Harvard University and was the International Monetary Fund's chief economist from 2001 to 2004.
Interesting that he was the International Monetary Fund's chief economist from 2001 to 2004, and now he's telling what is wrong and what we're going to see, huh? Is that Monday morning quarterbacking, or is that getting back at someone in the IMF for releasing him?
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Would you call that "insightful", "lucky", or "someone spilling the beans for a reason"?
I personally think it is too coincidental to be sheer luck.
I have huge problems with the government bailing out Lehman Brothers. It's not like they have 100's of thousands of workers making tangible product to sell (like cars or trucks), and they do not have a huge following of suppliers that employ thousands and thousands more people actually making the parts and tooling, etc.
I guess I also have to admit that I have a fundamentally bad taste in my mouth for big finance companies right now too. Someone inside of Lehman must have really done something bad for the rest of the banking community to let them fall as they have. They usually look out for themselves.
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From: Toronto, ON Canada
Absolutely. Good catch for you to notice the connection.
Would you call that "insightful", "lucky", or "someone spilling the beans for a reason"?
I personally think it is too coincidental to be sheer luck.
I have huge problems with the government bailing out Lehman Brothers.
Would you call that "insightful", "lucky", or "someone spilling the beans for a reason"?
I personally think it is too coincidental to be sheer luck.
I have huge problems with the government bailing out Lehman Brothers.
Someone inside of Lehman must have really done something bad for the rest of the banking community to let them fall as they have. They usually look out for themselves.
It could be that the bankers decided to "pool" their losses into Lehman Brothers, then declare bankruptcy - a classic write-off.
As to the purpose of the warning... who knows what that was all about. It could be someone disgruntled, or it could be to cause a stir at Wall Street, and cash in on unstable stocks.
This is what the conspiracy sense tells me
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From: Yadkinville, NC USA
I keep watching the hit count go up on this thread, but nobody is posting anything. 
Come-out, come-out whoever you are...
You have something to add to this discussion.... and we want to hear it...
Seriously... even if you don't want to add something to the subject, you can comment on something you learned or did not know previously.
As for the issue with Lehman Brothers...
Euro jumps against dollar as Lehman Brothers falls bankrupt
"The euro raced higher against the dollar on Monday, before cooling, as foreign exchange dealers reacted to the US financial crisis, following the collapse of investment giant Lehman Brothers. The European single currency had soared to 1.4481 dollars in Asian trading from 1.4229 dollars late in New York on Friday."
Some info on Lehman...
Shares Outstanding 694.00 Mil
Institutional Ownership (%) 77.75
Top 10 Institutions (%) 41.40
Mutual Fund Ownership (%) 1.07
5%/Insider Ownership (%) 4.00
The top institutional holders...
AllianceBernstein L.P. 65,652,432 shares
Fidelity Management & Research 42,638,832
ClearBridge Advisors 39,152,716
Wellington Management Company, LLP 25,532,766
Barclays Global Investors, N.A. 22,444,488
State Street Global Advisors (US) 21,734,886
Janus Capital Management LLC 20,967,480
Vanguard Group, Inc. 20,079,172
Norges Bank 17,527,012
Pzena Investment Management, LLC 11,603,523
Capital Guardian Trust Company 10,059,753
Soros Fund Management, L.L.C. 9,472,967
T. Rowe Price Associates, Inc. 8,360,428
Putnam Investment Management, L.L.C. 6,502,843
BlackRock Investment Management, LLC 6,048,606
I persoally find it interesting that we don't see the same names we see holding the oil companies and successful financial institutions there - like Chase, State Sreet, AXA, Barclays UK, etc.
This might prove to be interesting.
One thing for sure... you all better start watching your accounts - both investment and checking/savings, but especially the institutional investments. You are covered by the FDIC up to $100k on your daily accounts, but your 401Ks, Roths, and IRas are NOT INSURED. When these funds go broke... so do you.
Just ask those that worked at Enron.
Come-out, come-out whoever you are...
You have something to add to this discussion.... and we want to hear it...
Seriously... even if you don't want to add something to the subject, you can comment on something you learned or did not know previously.
As for the issue with Lehman Brothers...
Euro jumps against dollar as Lehman Brothers falls bankrupt
"The euro raced higher against the dollar on Monday, before cooling, as foreign exchange dealers reacted to the US financial crisis, following the collapse of investment giant Lehman Brothers. The European single currency had soared to 1.4481 dollars in Asian trading from 1.4229 dollars late in New York on Friday."
Some info on Lehman...
Shares Outstanding 694.00 Mil
Institutional Ownership (%) 77.75
Top 10 Institutions (%) 41.40
Mutual Fund Ownership (%) 1.07
5%/Insider Ownership (%) 4.00
The top institutional holders...
AllianceBernstein L.P. 65,652,432 shares
Fidelity Management & Research 42,638,832
ClearBridge Advisors 39,152,716
Wellington Management Company, LLP 25,532,766
Barclays Global Investors, N.A. 22,444,488
State Street Global Advisors (US) 21,734,886
Janus Capital Management LLC 20,967,480
Vanguard Group, Inc. 20,079,172
Norges Bank 17,527,012
Pzena Investment Management, LLC 11,603,523
Capital Guardian Trust Company 10,059,753
Soros Fund Management, L.L.C. 9,472,967
T. Rowe Price Associates, Inc. 8,360,428
Putnam Investment Management, L.L.C. 6,502,843
BlackRock Investment Management, LLC 6,048,606
I persoally find it interesting that we don't see the same names we see holding the oil companies and successful financial institutions there - like Chase, State Sreet, AXA, Barclays UK, etc.
This might prove to be interesting.
One thing for sure... you all better start watching your accounts - both investment and checking/savings, but especially the institutional investments. You are covered by the FDIC up to $100k on your daily accounts, but your 401Ks, Roths, and IRas are NOT INSURED. When these funds go broke... so do you.
Just ask those that worked at Enron.
Registered User
Joined: Oct 2000
Posts: 2,402
From: Toronto, ON Canada
Just look at what this is doing:
From BBC
Stock markets and the US dollar have tumbled in reaction to Lehman's collapse, with banking shares hardest hit. UK bank HBOS saw its shares plummet 30%.
Merrill Lynch, also stung by the credit crunch, has agreed to be taken over by Bank of America, the latest twist in a dramatic turn of events on Wall Street.
This facilitates significant stock market manipulation and buyouts. Does this make you think of "Napoleon won the war!" rumor in Britain, a result of which stocks plunged and allowed a certain someone to buy corporations for pennies on the dollar? When the news reached that Nepoleon was defeated, the price of stocks shot back up. The difference, though, now someone else was in control.
From BBC
Stock markets and the US dollar have tumbled in reaction to Lehman's collapse, with banking shares hardest hit. UK bank HBOS saw its shares plummet 30%.
Merrill Lynch, also stung by the credit crunch, has agreed to be taken over by Bank of America, the latest twist in a dramatic turn of events on Wall Street.
This facilitates significant stock market manipulation and buyouts. Does this make you think of "Napoleon won the war!" rumor in Britain, a result of which stocks plunged and allowed a certain someone to buy corporations for pennies on the dollar? When the news reached that Nepoleon was defeated, the price of stocks shot back up. The difference, though, now someone else was in control.
Thread Starter
Registered User
Joined: Mar 2002
Posts: 3,180
From: Yadkinville, NC USA
OK folks, this is inching ever-closer to a major crisis...
Top Economist: Americans Should Worry About Bank Deposits if Congress Doesn't Act
"Americans are justified to be worried, says Nouriel Roubini, of NYU's Stern School and RGE Monitor, who notes there is already a "slow-motion run on retail banks" occurring nationwide.
That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC.
In addition, the recent spike in number of banks on the FDIC's "troubled list" is only through June, meaning even that inflated number understates the problem."
So it's a bad thing when Lehman loans money (they don't have) without having the assets to back it up, and then they get slammed when the bills come due or payees default, but it's totally acceptable for the Fed to insure more worth that they have assets to back?!?!
Where in the flock do they think Congress is going to have the capital to "recapitalize" the FDIC? Our national parks and historic landmarks are all already in hock and belong to foreign governments and banks... our homes (that have mortgages) are all bundled and sold off to foreign investors... most of our businesses are owned/controlled by foreign investors... so just what is left to sell into hock? I don't know what in the USA has any value that is not already pawned?
I couldn't feel any more secure knowing that Bush made a speech today in which he "assured the country his administration is "working to reduce disruptions and minimize the impact of these developments on the broader economy." in reference to the Lehman/Merrill-Lynch issues.
Fox in charge of the hen house if you ask me.
Guess he never heard of any price gouging last Friday either, or he'd surely have someone looking into that too - probably the same guy.
I'm telling you folks, out of respect and compassion for you all out there, you better be getting your P's and Q's all straight, because these are the signs of some very bad things coming down the pipes. I personally took another $1600 out today at lunch to put into safe-keeping, and that was before I read the article above that just came out. I'm leaving a couple paychecks in my checking account, and taking the rest out. Kinda wish I could get to all my 401K and IRA accounts to do the same wereit not for the penalties... I guess I'll roll the dice and take the ride with the rest of the crowd... but I WILL BE WATCHING.
Top Economist: Americans Should Worry About Bank Deposits if Congress Doesn't Act
"Americans are justified to be worried, says Nouriel Roubini, of NYU's Stern School and RGE Monitor, who notes there is already a "slow-motion run on retail banks" occurring nationwide.
That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC.
In addition, the recent spike in number of banks on the FDIC's "troubled list" is only through June, meaning even that inflated number understates the problem."
So it's a bad thing when Lehman loans money (they don't have) without having the assets to back it up, and then they get slammed when the bills come due or payees default, but it's totally acceptable for the Fed to insure more worth that they have assets to back?!?!
Where in the flock do they think Congress is going to have the capital to "recapitalize" the FDIC? Our national parks and historic landmarks are all already in hock and belong to foreign governments and banks... our homes (that have mortgages) are all bundled and sold off to foreign investors... most of our businesses are owned/controlled by foreign investors... so just what is left to sell into hock? I don't know what in the USA has any value that is not already pawned?
I couldn't feel any more secure knowing that Bush made a speech today in which he "assured the country his administration is "working to reduce disruptions and minimize the impact of these developments on the broader economy." in reference to the Lehman/Merrill-Lynch issues.
Fox in charge of the hen house if you ask me.
Guess he never heard of any price gouging last Friday either, or he'd surely have someone looking into that too - probably the same guy.
I'm telling you folks, out of respect and compassion for you all out there, you better be getting your P's and Q's all straight, because these are the signs of some very bad things coming down the pipes. I personally took another $1600 out today at lunch to put into safe-keeping, and that was before I read the article above that just came out. I'm leaving a couple paychecks in my checking account, and taking the rest out. Kinda wish I could get to all my 401K and IRA accounts to do the same wereit not for the penalties... I guess I'll roll the dice and take the ride with the rest of the crowd... but I WILL BE WATCHING.
