Tag: Gary Gensler

They Lie Just About Everything

Guest Post by Martin Armstrong

Gary Gensler, the Chairman of the SEC and, of course, a former Goldman Sachs executive, has been exposed to keeping two separate calendars of meetings. This may sound shocking, but it is pretty standard in our nation’s capital. Remember Hillary also used a private server. A Freedom of Information Act request will typically seek the calendar of meetings and address documents in the official capacity of their target. So if they keep a side venture personally, they get to hide that from 99.9% of FOIA requests.

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NYSE President: ‘Meme’ Stock Prices May Not Properly Reflect Demand

By John McCrank

NEW YORK (Reuters) – The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away from public exchanges where share price formation occurs, the head of the New York Stock Exchange said on Wednesday.

“Meme stocks,” which often start as low-priced, highly shorted stocks that users of online forums such as Reddit’s WallStreetBets rally behind, are some of the most heavily traded and volatile shares on any given day.

Shares of companies like video game retailer GameStop Corp and theater chain operator AMC Entertainment have whipsawed this year, with GameStop having rallied more than 1,600% in January alone, prompting trading halts by some brokers and sparking Congressional and regulatory hearings.

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Hillary Clinton’s lucrative life of crime

Guest Post by

Gensler-Hillary

What is really interesting is that outside the USA, everyone sees Hillary for what she really is – a greedy politician. Of course MSNBC would never say a bad word against Hillary – she walks on water. When the law requiring balanced media reporting vanished in 1987 mainstream media gradually moved toward propaganda machines. It was the Fairness Doctrine of the Federal Communications Commission (FCC), which was originally introduced in 1949. This required the holders of broadcast licenses to both present controversial issues of public importance and to do so in a manner that was, in the Commission’s view, honest, equitable and balanced. The FCC eliminated the Doctrine in 1987, and in August 2011 the FCC formally removed the language that implemented the Doctrine. That set in motion the propaganda machine of mainstream media. The real goal of this was to prevent investigative reporting since media was no longer required to present the truth. The FCC turned media into one giant propaganda machine.

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Goldman Sachs & Hillary Clinton – A Marriage Made in Washington

Guest Post by Martin Armstrong

Hillary Clinton is already bought and paid for, She netted $400,000 for giving two speeches for a few minutes at Goldman Sachs. This is by no means a speaking fee. This is what I believe is outright bribery. A speaking fee will be $35,000 to $50,000 tops. She has nothing to offer Wall Street for $400,000. Even the FT recently reported that Goldman Sachs returns to political center stage. Even the top five contributors to Hillary’s bid for the Senate back in 1999 were:

Citigroup Inc ….. $782,327
Goldman Sachs ….. $711,490
DLA Piper ….. $628,030
JPMorgan Chase & Co ….. $620,919
EMILY’s List ….. $605,174

Gary Gensler (born October 18, 1957) worked at Goldman Sachs for 18 years and at 30 became the youngest partner. He then, like most people from that firm, strangely seem to suddenly care about how government functions and then crosses over into public life after filling their pockets at Goldman,

Yes he was nominated by Obama to be the 11th chairman of the Commodity Futures Trading Commission in 2009, which is the most notoriously corrupt regulator perhaps in the world. Lawyers joke about the CFTC saying that they hire the lawyers the SEC rejects.

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