Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Wall Street' is associated with 95 posts.

They’re B-A-A-A-C-K! Subprime, er, “Non-Prime” Mortgage-Backed Securities

Hungry investors are now focusing on bonds backed by US residential mortgages that do not meet strict credit guidelines. We also note that, in FTR #412, we directly foreshadowed the financial crisis in early 2003. All of the contents of this website as of 12/19/2014–Dave Emory’s 35+ years of research and broadcasting–as well as hours of videotaped lectures are available on a 32GB flash drive. Dave offers his programs and articles for free–your support is very much appreciated.


Another Violent JPMorgan Death: More Collateralized “Death” Obligations

In FTR #’s 772, 792 and 823, we highlighted suspicious, violent deaths in the financial industry. These occurred as many major financial institutions are the focal point of ongoing criminal investigations. JP Morgan employee Michael Tabacchi and his wife Iran Pars Tabacchi were found dead, deaths alleged to be a murder-suicide. All of the contents of this website as of 12/19/2014–Dave Emory’s 35+ years of research and broadcasting–as well as hours of videotaped lectures are available on a 32GB flash drive. Dave offers his programs and articles for free–your support is very much appreciated.


What Was Gary O’Donoghue Working On at the Time of His Death?

In FTR #’s 772, 792 and 823, we looked at a number of highly suspicious deaths of people involved with the financial industry–we termed them “collateralized death obligations.” Now we learn of the curious demise of Gary O’Donoghue, a lawyer working as “a solicitor in corporate finance” in the City of London economic epicenter. A skilled “footballer,” (soccer player) O’Donoghue went missing at his 29th birthday party. His corpse was found at the bottom of a “disused rubbish chute in a block of flats.” This one does NOT pass “the sniffs test.” All of the contents of this website as of 12/19/2014–Dave Emory’s 35+ years of research and broadcasting–as well as hours of videotaped lectures are available on a 32GB flash drive. Dave offers his programs and articles for free–your support is very much appreciated.


FTR #831 The Elderly “Wouldn’t Be Fucking Help­less if You Weren’t Send­ing them Fucking Checks to Sit on their Ass and Lay in Hos­pi­tals all Day”: The GOP’s Assault on Social Security

The title of the program is a verbatim quote from Edward Snowden–the Peach Fuzz Fascist–in 2009. The GOP-controlled 114th Congress is attempting to implement Snowden’s views. In addition to highlighting Snowden’s ultra-reactionary views about abolishing Social Security and restoring the gold standard, the broadcast sets forth the GOP’s disingenuous statements about the Social Security disability program, exemplified by Rand Paul’s bald-faced lies about the nature of the program. After chronicling the GOP’s 80-year war on Social Security, going back to the early days of Franklin Delano Roosevelt’s first term, the broadcast reviews the 1934 coup attempt by powerful, fascist industrial and financial interests. Those same plotters supported Mussolini’s “corporate state” and Hitler’s eugenics program, aimed at eliminating “useless bread gobblers.” Like Snowden, the 1934 coup plotters wanted to eliminate Social Security and restore the gold standard.


FTR #823 Caution, Banksters at Work, Part 2 (Still More Collateralized “Death” Obligations)

Updating FTR #’s 772 and 792, the broadcast highlights a recent social psychology experiment that indicated a strong inclination toward dishonest, criminal behavior on the part of banking professionals. After noting Deutsche Bank’s precarious position, the program notes two other suspicious deaths. Deutsche Bank’s Calogero Gambino allegedly took his own life, following the alleged suicide of another Deutsche banker–William Broeksmit. Citigroup’s Shawn Miller supposedly slit his own throat, this after placing some 911 calls complaining about being followed. The Senate banking committee recently concluded an investigation of the banking industry’s involvement in the commodities’ markets, something that offers tremendous opportunity for illegal speculation, as well as leaving banks with potentially catastrophic exposure to fluctuation in those markets. In October, a dramatic fluctuation in the market for U.S. Treasury bills has raised ominous questions concerning the stability of this global financial safe haven. The probability of such an event happening was once every 1.6 billion years!


Bitcoin Accepted for Political Contributions

If you thought that campaign finance had become a sticky wicket in the wake of the Supreme Court’s Citizens United and McCutcheon decisions, you might be bitterly amused by the latest development in the lubrication of the wheels of democracy. The Federal Election Commission has given the nod to accepting Bitcoins as campaign contributions. Fans of Citizens United and McCutcheon will be thrilled to know that the top tenth of one percent of Bitcoin owners control 50% of the total of the currency in existence.


Ukrainian Money-Go-Round

We have noted in posts and programs that Ukraine has 25% of the world’s proven natural gas reserves. The Eastern part of the country is richer in natural gas than the West. Exemplifying the very crony capitalism that the U.S. decries when it occurs elsewhere (including Russia), Burisma–a Cyprus-based company with significant investments in Ukrainian natural gas fields –has hired Vice President Joe Biden’s son R. Hunter Biden. The company’s board of directors features Devon Archer, the former college roommate of Secretary of State John Kerry’s Stepson Christopher Heinz (of the wealthy food-empire family.) In addition, Ukraine has issued $1 billion bonds, backed by the U.S. taxpayer.


FTR #792 Caution: Banksters at Work (More Collateralized “Death” Obligations)

In FTR #772, we looked at a number of suspicious deaths in and around the financial industry, this as a number of legal investigations into the misdeeds of the “banksters” were proceeding. This program updates that extraordinary mortality rate. One of the surreal, almost hallucinatory financial instruments that were at the center of the 2008 financial collapse were CDO’s–collateralized debt obligations. We wonder if the high mortality rate, the ongoing capital troubles and legal investigations plaguing the firms may be related to these deaths. Are we looking at collateralized “death” obligations? We note that JP Morgan Chase has experienced a particularly high mortality rate.


Aktion Feurland: Did Hitler Escape?

A recent book examines the very real possibility that Adolf Hitler may have escaped at the end of World War II–his “suicide” a carefully planned and executed ruse. Furthermore, the book highlights that gambit in the context of known collusion between the Third Reich and the Western Allies as the war drew to a close. The authors posit that the key players in the realization of Aktion Feurland–the code-name for the operation–were names well known to regular listeners and users of this website: Allen Dulles on the Allied side and Martin Bormann for the Third Reich. Centered on a quid pro quo arrangement, the authors hypothesize that Aktion Feurland involved the transfer of Nazi technology to the U.S. and the West (known as Project Paperclip) and the saving of priceless works of art from destruction, in return for the safe passage of Hitler, Bormann and other top Nazis.


FTR #785 Bit[coin]burg, Part 4: Fool’s Gold, Part 2

The fourth of our programs about Bitcoin, this broadcast further documents the predictable chaos and malfeasance resulting from a valuable monetary entity that is totally unregulated and open to all of the vagueries and criminality to which internet business is subject. Much of the program focuses on the collapse of the Mt. Gox exchange in Japan, one of the world’s largest Bitcoin marketplaces. Blamed initially on hackers, it may well be that the operators of Mt. Gox were engaged in deliberate malfeasance, as were anonymous hackers who called attention to the sins of the company’s management. The program notes that the concentration of ownership in the Bitcoin community is even more pronounced than it is in the regular economy.