Here It Is On CNBC: Market Manipulation

4 posts / 0 new
Last post
castlewp's picture
castlewp
Status: Gold Member (Offline)
Joined: Oct 7 2008
Posts: 304
Here It Is On CNBC: Market Manipulation

Video is about 6 minutes long but the good stuff at the 2:00 mark.  Enjoy!

http://market-ticker.denninger.net/

SamLinder's picture
SamLinder
Status: Diamond Member (Offline)
Joined: Jul 10 2008
Posts: 1499
Re: Here It Is On CNBC: Market Manipulation

Great link, castlewp!

I think there's even more telling stuff in the last 1:10 (starts at 5:00 mark). Rick Santelli is calling it right on the money!

DrKrbyLuv's picture
DrKrbyLuv
Status: Diamond Member (Offline)
Joined: Aug 10 2008
Posts: 1995
Re: Here It Is On CNBC: Market Manipulation

Rick Santelli mentions that interest rates are going down but does that matter?   Credit card rates can be very high and from what I read, munis and corporate bonds rates are going up.  Maybe I'm missing something.

Larry Levin is so comfortable with illegal market manipulation that he talks about it as if it is a strategy.  The rigged dice in the casino markets are ok if it keeps the profits going.  The insiders recognize the pump 'n dump system as being their opportunity to steal from others.

Larry

SamLinder's picture
SamLinder
Status: Diamond Member (Offline)
Joined: Jul 10 2008
Posts: 1499
Re: Here It Is On CNBC: Market Manipulation

Sorry, Larry. Called the time too soon. I really meant to focus from the 5:30 mark where Rick talks about the gov't pushing the "can down the road".

As for Larry Levin, that's pretty amazing isn't it? It's like they all know what's going on and will make money no matter what the gov't does - and the rest of us will be stuck with the bill! Sigh...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments