Saturday, September 20, 2008

KHOODEELAAR! updating evidence of the CRASS role played by 'mainstream media' promoting Big Business Crooks: [122]

1230  GMT  1330  Hrs UK Time London Saturday 20 September 2008:

KHOODEELAAR! No to “Big Business agenda of looting the public under covers of Crossrail….” CAMPAIGN TOLD YOU SO! For almost 5 years now, KHOODEELAAR! Has been campaign against the London Crossrail hole scam because it has been contrived by Big Business and peddled by the elements that set the agenda of propaganda on behalf of Big Business appearing in the London hub of Big Business corruption, the ‘City of London… NO organ of the UK ‘mainstream’ media has reflected this analysis. Let alone to tell the truth… And compared with the material, physical and personnel resources that each of the ‘mainstream’ media has at its disposal, the KHOODEELAAR! Campaign has not had any access to any even citable resource………Except that we have had and do still have the resource to tell the truth. That is our only resource. That remains our only resource. And we have been telling the truth… We have said that Gordon Brown behaved imprudently in jumping on Ken Livingstone’s corrupt careerist band wagon that had been propelled by the Big Business liars issuing their lies via the City of London and via the London EVENING nostandards STANDARD…. We have shown on a daily basis how they were lying… We have recently also shown how the Times news organisation, controlled by Rupert Murdoch, has been affording propaganda platform to brazen liars for the CRASSrail hole scam. Two of those have been given unjustified and fabricating plugs by Martin Waller who appears to be linked with the City of London propagandists…. Yet Waller had not been doing so even in 2007. Then he was almost telling the truth… But something happened between September 2007 and early 2008 to Martin Waller. He changed his tune. Whereas in 2007 he was allowing the truth of the wastefulness of Crossrail to be included files, in 2008 he began to peddle the CRASSrail hole plot-backing fabricator and City of London’s then main spinmeister for Big Business and CRASSrail hole scam several comments against those lies for Crossrail and the City of London sent to the Times online by KHOODEELAAR! Have remained suppressed by the Times…. As have the objections and criticisms the KHOODEELAAR! Campaign put to them after the latest Martin Waller plug for a Crossrail plugging, City of London linked agent of Big Business agenda… Judith ‘New Zealand-born’ Mayhew……
There is a clear and recorded mountain of evidence that can be shown of ALL the ‘organs’ of the ‘British media’ ‘mainstream’ including the ‘mainstream media-peddled blogs’ SERVING the cause of Big Business LOOTING agenda…
There are literally MILLIONS of words of peddling propaganda for Big Business   conglomerates
 And CRASSrail…..that the ‘mainstream media’ has done in the past 5 years as against the ZERO contents, traceable to their own ‘staff and writers and ’ which relate to the existence of flaws the CRASSrail hole ‘project’ [the scam]
There is no evidence  [of   the
 media saying of their own accord and without prompting form objectors to CRASSrail]    a single word about the £Billions of public money that will end up being pocketed by the conglomerates who are colluding in the  scam to rob the public of £Billions under covers of the London CRASSrail . Just  as there NEVER has been any sustained, noticeable, real reporting by ANY of the ‘mainstream media’ about the CROOKS that in fact control and run the ‘world class City of London corruption scam daily’.
So it is a HISTORIC moment to come across in the ‘mainstream’ media’  some of the words and some of the terms that KHOODEELAAR alone  has been using to describe the Big BUSINESS scammers……
We begin this series of  the update of  the evidence with an item on the subject of CROOKS in the City of London [and in the equivalent USA capitalist centres, hubs and contraptions] that the London DAILY MAIL has published today, Saturday 20 September 2008.

[To be continued]


Crackdown on short-selling leaves the city's 'robbers in pinstripes' facing huge losses
By BECKY BARROW

Last updated at 11:48 PM on 19th September 2008

Comments (133) Add to My Stories
Ruthless City traders who made millions by sending share prices into freefall were finally the big losers.

The crackdown on 'short-selling' triggered a record-breaking rise in the FTSE index of Britain's 100 biggest public companies.

Because the short-selling traders make their money when stocks fall in price, yesterday's announcement left them with a multi-million-pound bill.


Defiant gambler: Trader Simon 'Knievel' Cawkwell

They rushed to close down all their deals in a bid to cut their losses before the market rose any further.

Short-selling involves a trader borrowing somebody else's shares in a company he thinks is going to fall in value.


The trader then sells the shares.

Eventually he must buy the same number and return them to the lender. If the price has dropped by that time, he makes a profit on the difference.

In order to drive down the price, many short-sellers spread malicious and false rumours to trigger a fall in the share price - and make themselves a fortune.

It is a concept which many people find difficult to understand, as they assume investment only involves buying shares and hoping the price goes up.

Defiant short-seller Simon Cawkwell said the big funds would have lost billions overnight but claimed they would live to fight another day.

The trader - known as Evel Knievel is thought to have made more than £750,000 betting this way during the turmoil in recent weeks.

The crackdown, which came into force at midnight on Thursday, stops any trader from 'short-selling' 29 financial stocks, including those of all the high street banks.

After a week of stock market mayhem, other countries, such as Ireland and Australia, also joined in the crackdown the practice.

In the U.S, the Securities and Exchange Commission issued an emergency order to stop short-selling temporarily.

It is banned in nearly 800 financial stocks in a bid to protect investors from the disastrous share price plunges which short-sellers can trigger.

The market turmoil in the U.S. has sent three of its five major investment banks - Bear Stearns, Lehman Brothers and Merrill Lynch - into bankruptcy or forced them into an emergency merger with a rival.

For the next four months, the Financial Service Authority's ruling means it is illegal to take out or increase a 'short' position in any one of these companies.

While it is not illegal to continue to 'short', such deals must be disclosed by 3.30pm on Tuesday if they represent more than 0.25 per cent of a company's portfolio.

The threat of exposure prompted many short-sellers, which include notoriously secretive hedge funds, to close, rather than disclose, their positions.



Final payday: Lehman Brothers' workers arrive at its London office on Friday to make sure they are paid their last wages following the bank's collapse

One market expert said it was rather like asking Coca-Cola to give away its secret formula.
Liberal Democrat Treasury spokesman Lord Oakeshott said: 'They don't like the exposure. They want to remain anonymous so they are closing, not disclosing.

'They thrive in the dark and are totally unaccountable.

'The FSA's ban on the short selling of bank shares is a death sentence hanging over many hedge funds.'

He predicted the widespread closure of hedge funds, particularly if the City watchdog carries out its threat to include other industries in the temporary ban.

Enlarge
The last laugh: Gordon Brown wants to clean up the City's dirty practices

Financial experts attacked the FSA's ruling on short sellers, accusing it of a massive over-reaction.

David Buik, from the brokers BGC Partners, said it is 'totally naive' to blame them for the collapse in the recent plunge in share prices.


More...
U.S. bank detox rescues FTSE: Record rise in shares after America opts for trillion dollar bail-out
Stock market chaos will cause mortgage bills 'to rise hundreds of pounds a year'
'Evel Knievel' short-seller says he'll live to fight another day
ALEX BRUMMER: The rapacious bankers fleeing scot-free to their mansions and yachts

He said: 'It is not the short-sellers' fault that HBOS, the housebuilders, M&S, Next and others have lost so much value this year.

'It is sentiment which has been negative towards these sectors. To blame it on short-sellers is totally naive.'

David Rule, chief executive of the International Securities Lending Association, which represents companies which lend shares to other investors, including short-sellers, said the level of short selling was 'pretty modest' in banks.

'The idea that short-selling was driving down HBOS was frankly far-fetched,' he insisted.

'There is not real evidence that there was a huge short position in the bank.'

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