The tag 'Wall Street' is associated with 53 posts.

Echoes of 11/22/63; 9/11/2001

COMMENT: A mys­tery bil­lion­aire (indi­vid­ual or insti­tu­tion) appears to have placed a $1 Bil­lion bet that the U.S. will lose its AAA rat­ing.
Note that, among the pos­si­ble exe­cu­tion­ers of this deal is PIMCO, the bond-trading sub­sidiary of Allianz, the giant Ger­man insurer which, like all Ger­man core cor­po­ra­tions, is part of the con­sum­mately pow­er­ful, deadly [...]

FTR #746 Greek Tragedy

Urged to “aus­ter­ity,” Greece’s adop­tion of Ger­man pre­scrip­tions made its sit­u­a­tion worse; trapped by the Euro, Greece can nei­ther revalue its cur­rency nor impose tar­iffs to pro­tect domes­tic indus­try; GOP pro­poses the same medecine for the U.S. that Ger­many pre­scribed for Greece.

Charter Cities: Another, BIG Step toward a Global “Corporate State”

COMMENT: Cor­po­rate advo­cates are push­ing the con­cept of  “char­ter cities,” which would allow foreign-based cor­po­ra­tions to assume gov­er­nance and what appears to be almost total con­trol of cites in OTHER coun­tries.
If this idea catches on, it will con­sti­tute a major step toward the imple­men­ta­tion of a global ver­sion of Mussolini’s “Cor­po­rate State”–his term for [...]

Hedge Fund Managers: “Back to the Land!”

COMMENT:   No, hedge fund man­agers haven’t “gone hip­pie” with a cry of return­ing to till­ing the earth, in order to “get back to basics.” Rather, they fore­see an apoc­a­lyp­tic eco­nomic col­lapse, char­ac­ter­ized by resource wars and a bru­tal strug­gle for food.
Many are invest­ing in farm­land, in order to profit from this dev­as­tat­ing reality–an even­tu­al­ity that [...]

IMF Chief Strauss-Kahn Feared an Opponent Would Pay $1 Million For Rape Allegation

COMMENT: Dominique Strauss-Kahn feared that an oppo­nent would pay $ 1 mil­lion to a woman to claim that he tried to rape her. Whether his alle­ga­tions are sub­stan­tive or not, his fears have, to an extent, been played out.
Note that, in addi­tion to the fact that he called for a world cur­rency in [...]

IMF Chief Called for World Currency Before He Was Charged with Sexual Assault

COMMENT: We don’t know if this is related to Dominique Strauss-Kahn’s recent arrest for alleged sex­ual assault, but it sure is what we refer to as “Food for Thought, Grounds for Fur­ther Research.”
Did Mr. Strauss-Kahn piss off the “rich and famous”?
“IMF Boss Calls for Global Cur­rency” by Heather Stew­art; The Guardian [UK]; 2/10/2011.
EXCERPT: Dominique [...]

FTR #741 Bail, Bail, the Gang’s All Here

For­eign Banks bor­rowed exten­sively from Fed dur­ing the melt­down; aid to Dexia and Depfa needed to avoid muni­pal fis­cal armaged­don, stem­ming par­tially from Dexia’s appar­ent crim­i­nal activity.

FTR #740 Update on the Meltdown Part 6: The Wachovia File

Wachovia deeply involved with laun­der­ing money for Sinaloa car­tel; firm’s exec­u­tives com­plicit with cover-up; World’s major finan­cial insti­tu­tions depen­dent on drug car­tels for liq­uid­ity? Drug smug­glers may have bailed out those insti­tu­tions fol­low­ing crash of ’08.

Does Goldman Sachs Chief Lloyd Blankfein Enjoy Connections to the Intelligence Community?

COMMENT: In recent years there has [appro­pri­ately] been much dis­cus­sion of Gold­man Sachs. CEO Llolyd Blank­fein has an inter­est­ing pro­fes­sional back­ground, which might indi­cate oper­a­tional con­nec­tions to the intel­li­gence com­mu­nity.
After a rise that could truly be called a clas­sic Amer­i­can “up-by-the-bootstraps” ascent, Blank­fein worked for years as a tax lawyer for Dono­van Leisure, the [...]

Yen Soars in Value Relative to the Dollar–Potentially Very Troubling

COMMENT: Because of the huge demand for yen in Japan right now, there is major sell­ing of dol­lars for yen. As a result, the value of the yen vs the dol­lar has surged to record highs.  This bears watch­ing, because a surge in the value of yen has the poten­tial to unwind the mas­sive yen [...]