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Over Eighty (80) Years of COUNTERFEITING, COUNTERFEITING,COUNTERFEITING, Ad Infinitum, Ad Nausea |
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By bburrell on
2/28/2008 3:42 PM
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Senator Bennett used the word the word EIGHT (8) times in the broadcast meeting of the Senate Banking Committee with Paulson, Bernanke, and Cox. He directed most of his comments directly to Honorable Chairman Cox, who reacted with about 40 tells indicating he was being less than totally honest at best, constantly touching his lips, eyes, ears, and mouth. In my basic training in interrogation, such actions were a major RED FLAG. Maybe a little recitation of the case history of Counterfeiting would be helpful here. There is nothing here not contained in my previous writings, but a linear recitation could be of value, with a single focus on Counterfeiting.
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Mencken's Creed |
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By bburrell on
2/20/2008 3:51 PM
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Here a classic statement of a great libertarian, and honest and ruthless critic of fools and chalatans. I will let all of you guess who I think is which.
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Drips of Water on a Stone |
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By bburrell on
1/12/2008 6:35 PM
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The last of the cases here will be heard many years from now civilly, while 99+% of the thieves skate off into the sunset, their warchests replete with massive assets stolen from their helpless and undefended victims.
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Have Regulators Shown Their Hand? It is game, set and match for conventional exchanges. |
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By bburrell on
10/28/2007 5:29 PM
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Looking at the basic statistics of traditional floor auction exchanges, it is clear that the SEC and the NASD have determined to either shut them down entirely, or morph them into something looking like an electronic NASDAQ market maker system. The NYSE members who damned Grasso with faint praise are going to look back on him as the very last great white hope. The AMEX, which was so instrumental to the maturation of the Options Market Place in the US, is now just a high profile target. Again, we have a bunch of lawyers with absolutely no business background making fundamental strategic decisions about business and market matters they know nothing about. The move that made the NASD the sole regulator should have been a signal of the intent.
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The Psychological Crises and Burdens of Crusades. |
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By bburrell on
10/6/2007 10:36 PM
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I have repeatedly cited the abhorrent nature of the crises faced daily by those have crusaded for 7 or more years against the collective sociopathy of the manipulators here. Psychological studies of those who wage war on its front lines have pointed out that absent some recurring positive reinforcement, the front line warriors will burn out, almost without exception, after some specific period of time. I am there now, and I need a break before I break something else.
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The Principle of Occam's Razor, and Its Applicability Here. |
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By bburrell on
9/18/2007 7:40 AM
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From studies of forecasting methods, Occam's Razor is broadly accepted as a general rule. It states that in all analytical situations, the simplest solution is most likely the optimum one, even if not the only one. How do we apply it here to our situation of having to confront pandemic corruption?
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Has the other shoe dropped on US CMO’s and CDO’s, per BIS? |
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By bburrell on
6/29/2007 8:27 PM
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In its June 24th report, the Bank for International Settlements indicated its analyses had to allow for the forecast of a Global Financial Depression (their word), to be precipitated by a collapse of US Real Estate Markets. This evening, I received multiple unconfirmed reports from independent reliable sources indicating they had been informed that the positions of CMO’s and CDO’s held by US investment entities had been marked down by as much as 80 (EIGHTY) Percent on Short and Intermediate Term holdings. This will have to hit the hedge funds and Private Equity markets like a bullet if proven to be only partially true.
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The Financial Reality of Japan: A Not So Distant Mirror of the Financial Future of the US. |
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By bburrell on
6/24/2007 7:13 PM
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With credit to Barbara Tuchman's great History, "A Distant Mirror", the story of the turbulent 14th Century, I refer all of you to the collapse of Japanese markets in the mid-1980's, crashing the Nikkei Index from 33,000 to 10,000, and imploding their banks' balance sheets along the Way. All of Japan's banks remain unfiled bankruptcies, including their Central Bank, the Japanese analog to our Federal Reserve. How did they get there, and are we any different?
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Practicing for Patty Cakes with Bubba |
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By bburrell on
6/17/2007 6:24 PM
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We have some commentators and pseudo-professionals involved with this who have shown blood in the water over the Cox/SEC Commission decision on naked shorting and grandfathering. How dare Cox confirm what we have alleged for the last seven years? I am SHOCKED, SHOCKED at their consternation with Cox.
I don't expect it anytime soon, but within a range of three to five years on the downside, and seven to ten on the upside, these same weaklings and cowards should prepare themselves for some infantile games with parties without either the IQ or the gentle nature of children, and the physiques and tempers of Godzilla.
A solid review of rules of Patty Cakes is in order.
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SEC to Webcast June 13 Meeting |
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By bburrell on
6/12/2007 10:39 AM
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The Tab link to get to this webcast will be opened 5 minutes before the meeting is to begin.
You will need to monitor the www.sec.gov site.
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Further Observations on the Effects of Inappropriate Government Actions and Corrections to Those Actions |
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By bburrell on
4/18/2007 9:35 PM
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I look again at the current Oil crisis. While many of you would have no reason to know it, between 75 and 80% of all oil and gas in fields opened and subsequently closed were left in the Ground. What if the US Government had done nothing to change exploration here with the initiatives after 1974? Not only would millions of Americans not Bankrupted, we would have plenty of Oil and Gas, and Texas, etc, would still own their own banks.
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The Weisshole Blog: A Beginning. |
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By bburrell on
4/17/2007 7:31 PM
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Gary Weiss(hole) deserves all the attention he wants. How about giving it to him here, strictly negative, adversarial comments only on his attitude, errors, lies, and worse.
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Eagletech v. Citigroup Complaint |
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By bburrell on
4/11/2007 12:22 PM
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Here it is, better late than never.
I would also like to extend my warmest personal regards to all the vermin who called me a lying scumbag and worse for the last two days. You can shove this where the Sun doesn't shine. It is only 55 pages, so you should be able to insert it pain free in one of your major orifices.
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"It's Back!" |
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By bburrell on
3/23/2007 11:58 AM
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This thing is like a jack in the box. It is of such extraordinary quality, and of such universal importance, it should be.
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On Research Methodology and Forensic Statistical Analysis. |
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By bburrell on
2/28/2007 10:30 AM
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The SEC said that it would do a "Study" of the effects of allowing naked short selling on an unrestricted basis in certain segments of the Market. Either ignorantly, or to serve other interests, these officials were very careful NOT to maintain a "Control" group to compare stocks to. This is a primary violation of principles of basic fundamental research methodology. Going further, the SEC insured that there would be no primary independent third party arms-length analysis of the impact of their actions.
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A "Tsunami" Headed at Our Markets!!!!! Treason Is what this is!!!!!! |
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By bburrell on
1/14/2007 9:48 AM
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There is a pending complaint coming supported by production of documents in discovery coming at our brokers, regulators and their minions that will take down the current system. No later than mid-February, this cat will be permanently out of the bag, in the form of a new complaint that will be filed based on incontrovertible forensics.
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A One Page Synopsis on Sale of Unregistered Securities, and resulting Counterfeiting |
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By bburrell on
11/27/2006 9:53 AM
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This is about the sale of unregistered securities. I wrote first about this over 4 years ago, followed by definitive piece from Dave Patch and, most importantly, Rod Young. Sale of Unregistered Securities is generally a SEC civil cause, while the related criminal cause is 18 USC 514, Counterfeiting of Commercial Securities. Read my one page summary done for a journalist.
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NYSE Name Change? |
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By bburrell on
11/20/2006 11:01 AM
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Enjoy the satire below. This came to me last night in pieces.
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Is DTCC facing Anti-Trust Actions? |
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By bburrell on
11/3/2006 2:09 PM
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With their move on the DRS issue, DTCC is acting as if they have the authority to regulate Transfer Agents, and not the SEC. If the SEC gave up this authority, I missed it. Seems they plan to take "control" of the TA functions, and if Company's or TA's don't like it, they will be "dismissed".
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SEC to Force Rule Change to Pure Electronic Clearance and Settlement, Attacks Transfer Agents |
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By bburrell on
11/3/2006 9:25 AM
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The SEC will require all securities entering the system as of January 1 to be in pure electronic form, WITH NO CERTIFICATES OF ANY KIND IN THE SYSTEM. Companies already in the system will be forced to convert to electronic form only. In conjunction with this, the SEC will seek to close down most of the independent Transfer Agents in this Country to the favor of a small number of trusted and well-controlled T/A's.
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From July 5, 2004, on Dave Patch from my "Time Decay" Piece |
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By bburrell on
10/27/2006 6:16 PM
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Here is a piece from over two years ago about Dave Patch. It might be helpful to those trying to remember how much time has passed since my first communication with him in April, 2003, and how far he went on his own. It is even more meaningful in light of recent events.
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