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User Info Chinese Wall Officially Crumbled in forum [General]
Tbear
Posts: 2526
Incept: 2007-10-30

Tug Hill
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State Street announced an offering of shares and debt early this morning. Quoting from the Company's press Release:

"Goldman Sachs & Co and Morgan Stanley are arranging the
stock offering."

Wanting to ensure that the deal goes well, and completely disregarding the law with regard to being restricted in companies which you are advising: 08:56 05/18 GOLDMAN SACHS RAISES STATE STREET CORP STT PRICE TARGET TO $45

Chinese Wall crumbles...because it suits Goldman Sachs to have it gone.

2009-05-18 09:07:21
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Sushihorn
Posts: 6071
Incept: 2007-10-22 A True American Patriot!
Arlington, TX
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OMG. They f'in upgraded the f'in stock target right into a secondary they are underwriting??? That's ridiculous.

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http://jengafinance.blogspot.com/

Stop the looting. Start prosecuting.
Do it soon. Or folks may start shooting.
2009-05-18 09:29:44
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Bigcat
Posts: 1523
Incept: 2008-09-10

Nice, France
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this has got to stop

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"When the goal shifts to simple survival for the Fed their goals will change drastically and their strategy will adjust accordingly...Like Congress, the Fed will throw its "allies" under the bus when they become a political liability. Look at Mozillo now! " Sushihorn, 07/09
2009-05-18 09:32:44
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Solnow
Posts: 828
Incept: 2009-03-02
My Market Model
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Is the SEC on vacation this week? WTF

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Adapt. Improvise. Overcome.

HOPE is for sissies
2009-05-18 09:35:51
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Skeptical
Posts: 95
Incept: 2009-03-24
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Has the SEC ever not been on vacation?

2009-05-18 13:18:23
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Pika-steph
Posts: 39183
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
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Is there any question we are the United States of Goldman?

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2009-05-18 13:19:59
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Rjazz117
Posts: 12420
Incept: 2007-09-11 A True American Patriot!
Actually, the future is pretty bright after all.
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Not in my mind, there isn't.

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"Liberty cannot be preserved without general knowledge among the people." John Adams
2009-05-18 13:23:50
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Crystalclear
Posts: 156
Incept: 2009-02-19
Paradise
Online
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Do you ever wonder if or when their coup is complete (or maybe sooner??) "they" are going to go through forums like this, track each of us down, and take us away somewhere because we have a clue as to what is going on and what they've been doing? Or are you hoping they are or will just dismiss us as not worthy of their worry??

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Karl Denninger "You can't successfully tax people with no job and no money. "

Last modified: 2009-05-18 14:18:25 by crystalclear
Reason: sp

2009-05-18 14:17:45
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Mtgspy
Posts: 6121
Incept: 2007-10-27
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"Not in my mind, there isn't. "

LOL - there needs to be a Chinese Wall policy between your opinion and Pika-stephs.

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It sounds antiquated, merchantilistic - until you figured out that I was hoarding for war.
2009-05-18 14:20:05
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Rvacha
Posts: 2565
Incept: 2008-10-03

Cleveland
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I would like to start a new thread called Breaking the Law: A Compendium where we can start a living document on these activities. Should it go in General? Fed Up? Somewhere else?

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Axis of Evil - Congress, POTUS, SCOTUS, UST and Fed
2009-05-18 14:28:46
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Jcwaliski
Posts: 1874
Incept: 2008-10-01
A True American Patriot!
Chief Douchebag
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agreed Rvacha. I believe ZeroHedge has it pretty welldocumented, though. Especially, when it comes to REIT's doing secondary stock offerings while getting upgraded.

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Ultimately, we are all seeking the truth--to expose it, lay it bare, own it as our own. My take on this place is simply that there will be NO COMPROMISE in exposing what IS. - Truthseeker
2009-05-18 14:31:51
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Gs_hedge
Posts: 819
Incept: 2008-02-09
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Is it not established and accepted ground rule that it is fine to manipulate stocks up, it is only illegal if an effort is made to drop the price of stocks. Even if the effort is based on facts. One thing should be obvious, there will no sympathy from any quarter for anyone losing money while shorting/buying puts, no matter what illegal activities take place. It is a work place hazard for shorts.

As I mentioned in another thread, banks have time until this November to raise capital. Hence it is possible that the market levitates well into the Fall, providing ample time to issue secondaries.

2009-05-18 14:46:55
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Rjazz117
Posts: 12420
Incept: 2007-09-11 A True American Patriot!
Actually, the future is pretty bright after all.
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Rvacha...We already have one...FedUp...both the forum here, and the website...and we're constantly updating it.


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"Liberty cannot be preserved without general knowledge among the people." John Adams
2009-05-18 15:26:45
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Pika-steph
Posts: 39183
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
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You know, GS has a mailing address. I'm thinking we could cut out the middle man and just mail all of our money directly to them. Save time and stress.

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2009-05-18 15:28:15
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Genesis
Posts: 71346
Incept: 2007-06-26
A True American Patriot!
KD^2
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Mail 'em a box of dog****.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-05-18 15:30:01
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Morthrane
Posts: 994
Incept: 2007-09-06

Peon hell
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Sounds like a good way to get yourself arrested as a bioweapon terrorist...

2009-05-18 16:52:04
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Chessmaster
Posts: 272
Incept: 2009-01-25

Near the Bay
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Just another day where we learn that we are getting screwed and nobody will do anything about it. My blood boils now everyday. Its plain obvious now that nobody regulates ****.

damn!

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You never go broke taking a profit UNLESS you spend like an *******!
2009-05-18 21:15:19
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Bullionaire
Posts: 1294
Incept: 2007-12-21

Hey Obama ! Kiss my black ass !!!
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They did the same thing when the handled the secondary for SPG.....then they downgraded them about 10 days later

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"Now this REALLY smells like ass." - Karl Deninger 11/11/2009
"KD, I am ready. where is the corn?" - Mliu 11/25/2009
"Beneath this mask there is more than flesh. Beneath this mask there is an idea, Mr. Creedy, and ideas are bulletproof." - V

2009-05-18 21:26:22
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Chessmaster
Posts: 272
Incept: 2009-01-25

Near the Bay
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bilge

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You never go broke taking a profit UNLESS you spend like an *******!

Last modified: 2009-05-18 21:43:32 by chessmaster
Reason: got emotional and unclassy for a minute

2009-05-18 21:30:31
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Mtgspy
Posts: 6121
Incept: 2007-10-27
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so who the **** bought these secondaries? I doubt, doubt very very much that even the most vain and clueless mutual funds would even consider it. Maybe the government bought it and then assign it to a hedge fund that is off balance sheet of US govt headquartered in Luxembourg? This looks like fairy tale gone wrong, the werewolves were out raping cinderella. LOL.

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It sounds antiquated, merchantilistic - until you figured out that I was hoarding for war.
2009-05-18 21:31:08
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Laswyguy
Posts: 5619
Incept: 2007-07-25

Orange County, CA
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why do you care who bought it..a third party broker found a third party buyer who was willing to buy at a said price. what's the big effing deal.

Example: If John sells his Corolla to Joe down the street and Joe's willing to pay 30 grand for it. Whats that gotta do with you.

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positive alpha - bitches!

Last modified: 2009-05-18 21:37:34 by laswyguy

2009-05-18 21:33:18
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Mtgspy
Posts: 6121
Incept: 2007-10-27
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just looking out for your mom, guy. LOL. Don't be nervous.

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It sounds antiquated, merchantilistic - until you figured out that I was hoarding for war.
2009-05-18 21:37:08
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Laswyguy
Posts: 5619
Incept: 2007-07-25

Orange County, CA
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you got it backwards, I want private capital to come back in. Mom's doing just fine, thanks for asking.

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positive alpha - bitches!
2009-05-18 21:38:45
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Financeguy
Posts: 4945
Incept: 2007-08-10

Charlotte
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Private capital is in if they can buy at a huge haircut and flip the stock or hedge and short the damn thing to zero while picking up some CDS on the underlying target.....

I think we have seen them execute this quite well several times in the last year or so....

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"Granted, if you are not into Barbara Streisand and creme brulee, South Beach could be a tad lonely." Eleua
2009-05-18 23:05:27
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