BRINGING THE BIG GUNS TO THE FRONT AGAINST CORRUPT SENATORS

 

DOJ, FTC and SEC are strongly encouraged to expand their criminal investigation into short selling by hedge funds and researchfirms benefiting politicians as bribery payola. Federal law enforcement must more deeply scrutinize the symbiotic covertrelationships between Senators and tech companies and hunt for signs that improperly coordinated trades broke laws to create profiteeringschemes for corrupt U.S. Senators.

Investigators have found that Nancy Pelosi and her family, Dianne Feinstein and her family, Harry Reid, Kamala Harris and her familyand other, mostly West Coast, Politicians and tech companies are doing stock market crimes together. Witness testimony has been thatthose politicians took bribes, through the stock market, for unjust gain while harming their competitors. Elon Musk, Goldman Sachs andthose politicians, being, of course, one of the worst examples.

Federal probes, currently run by the DOJ fraud section with federal prosecutors in Los Angeles, are digging into how hedge fundstap into research and set up their bets, especially in the run-up to publication of reports that move stocks., ie: “Fake McKinsey WhitePapers” created by Kleiner Perkins, Draper Fisher, Greylock, et al, to manipulate energy markets for Tesla, batteries, solar, etc.McKinsey produced and released hundreds of biased reports for the Obama financiers to push “Cleantech” and lithium ion batterieswhich Obama’s financiers exclusively owned. Mckinsey’s founder is quoted as promoting “monopolies” and “competitor destructionvia lies”.

While one is prying into financial relationships between hedge funds and researchers, and hunting for signs that moneymanagers sought to engineer startling stock drops or engaged in other abuses, such as insider trading, the California politicians must notbe ignored, protected or given a pass because they are friends with some DOJ officials or because it is “politically embarrassing”for certain elitists social lives…”

Witnesses have sworn, warranted and certified that these West Coast politicians are engaging in felony organized crime using thestock market to receive bribes from companies that they favor, and, or own!

Underscoring the inquiry’s sweep, federal investigators are examining trading in at least several dozen stocks, includingwell-known short targets such as Luckin Coffee Inc., Banc of California Inc., Mallinckrodt Plc and GSX Techedu Inc.

All reporters are watching to see if they hear that any federal investigator is ignoring the SpaceX, Tesla, Netflix, Google,Instagram, Facebook, etc. stock market payola to politicians because there will be hell to pay.

Peter D. Cair is the FBI’s “Elliot Ness” in San Francisco. He busted one of the early NETFLIX stock scams. More recently, OtherNetflix engineers were caught in stock scams. Why did the investigation, though not go all the way up to Obama and Susan Riceand their Netflix “trades”?

The feds must scrutinize over 100 tech firms WITH the help of unbiased SEC and FTC investigators.

Toronto-based Anson Funds and anonymous researcher Marcus Aurelius Value are among firms involved in the inquiry. Other prominent firmsthat circulated research on stocks under scrutiny include Carson Block’s Muddy Waters Capital and Andrew Left’s Citron Research.The investigations, though, MUST look at the deeply compromised McKinsey Consulting, which the Silicon Valley oligarchs lobby thefeds to avoid looking.

This U.S. probe finally opens yet another front in an already treacherous era for those who try to profit on stock drops. Somebearish funds threw in the towel as government stimulus buoyed prices during the pandemic. That pressure intensified asretail investors organized counterattacks on popular short targets, bidding up shares to inflict losses on hedge funds thisyear. By late January, Citron vowed to give up short-selling research and focus on long bets.

Meanwhile, companies criticized by short sellers have become increasingly bold in firing back, sometimes launching legal battleseven as they face government probes that ultimately support short sellers’ theses. A number of corporate executives have been hopingU.S. authorities might help to further shift the focus to investors’ tactics., ie: Eric Schmidt, Larry Page, Elon Musk, Mark Zuckerberg,Steve Jurvetson, Goguen, et al.

Government attorneys are trying to determine whether short sellers engaged in some form of deception — say, by misleading the publicabout their financing of what appears to be independent research, violating confidentiality agreements with authors, or orchestratingstock plunges to panic shareholders and exacerbate selling… THEY DID and West Coast politicians profit from those crimes as payola.

We all know that DOJ has a database to look at every cent that moved in and out of Nancy Pelosi’s 22+ family trusts, bankaccounts, and investment bank funds for the last 20 years. The evidence is overt and tracks straight back to the “Enterprise”,but it is DEEPLY covered up by those who are friends with Pelosi at DOJ and other agencies. Covering up such crimes, though, is a felonyitself!

Hedge funds are known to strike a wide variety of deals with researchers, sometimes paying handsome subscription fees for freshinsights into possible corporate trouble, or even becoming an author’s primary source of funding. In one example, prominentfinancial investigator Harry Markopolos, who normally makes money from whistle-blower awards, said he partnered with a hedgefund to share profits when he released a report on General Electric Co. Politicians get the profits from such deals in exchange forkeeping competitors to Tesla and SpaceX from getting funded.

Some hedge funds have been known to suggest targets to researchers, who then deliver scathing reports that harm companiesthat Senators own the stocks in.

One cautionary tale emerged in court after Dallas-based Sabrepoint Capital agreed to pay a short-selling researcher a monthly retainerof US$9,500 in 2018. Sabrepoint encouraged him to dig into real estate company Farmland Partners Inc. The researcher, who also wrotepublicly under a pseudonym, later published an article on Seeking Alpha, setting off a 39 per cent drop in Farmland’s share price.The company sued and used a judge’s order to force him to reveal his identity: Quinton Mathews.

The entire stock market just seems to be a well oiled scam that only profits a few oligarchs and most West Coast Senators!

Mathews later said in a statement that he subsequently “learned” his article “contained inaccuracies and false allegations” andretracted it. He and Farmland reached a settlement. Sabrepoint has said it didn’t know about the Seeking Alpha article.

Farmland also is on the list of stocks that the Justice Department is examining. Lawyers for Sabrepoint and Mathews declined to comment.

The Justice Department unit handling the inquiry already has a formidable reputation on Wall Street. It recently brought severalcases against global banks and traders for illegal spoofing of precious metals and Treasury futures. As part of that probe, JPMorganChase & Co. paid more than US$900 million in penalties after its traders placed and canceled orders for commodities to benefitpositions held by the bank or prized hedge fund clients. Those cases were brought by analyzing trading data for suspicious patterns andthen attributing it to individual traders. The DOJ must GO TO THE TOP of these mobsters and take out Goldman Sachs bosses and U.S.Senators that run this MAFIA and the Elon Musk’s and Eric Schmidt’s that are their operatives!

While prosecutors in the short-selling investigation issued subpoenas as recently as October, the effort has been underway muchlonger. It is time for perp walks of Senators and not just the low level flunkies!

Theses inquiries gained momentum after U.S. lawmakers called for more scrutiny of short sellers following the so-called meme-stocktrading frenzy that erupted in January. In a single week that month, retail investors sent the price of GameStop Corp. soaring more than700 per cent before brokerages began limiting bets. Some organizers of the buying spree claimed hedge funds had been unfairly using theirmarket clout to drive down stocks.

The compromised Senators have held multiple hearings on the fracas, at times discussing whether to force short sellers to boostdisclosures but their hand-wringing is all for show. They fear that the dogs are on their trail.

Concerns about how short sellers carry out attacks have arisen repeatedly over the years.

The Securities and Exchange Commission and Justice Department have gone after hedge funds for running “short and distort” campaigns.The practice typically involves setting up bearish bets, then releasing misleading or inaccurate information about a company todrive down the price before closing out the position for a profit.

But there are also concerns about the impact that earnest research can have when it’s sprung by surprise on the market.

Studies by Columbia University law professor Joshua Mitts have found that short sellers’ reports can briefly induce bouts of panicselling before shares rebound. In those jittery moments — sometimes mere minutes or hours — well-positioned short sellers can cash outof trades and pocket significant gains.

Mitts examined more than 1,700 reports made by pseudonymous short sellers from 2010 to 2017, concluding that they contributed to morethan US$20 billion in dislocated values or temporarily mispriced stocks.

Academics have been encouraging U.S. authorities to address the possibility that short sellers are laying out their cases againststocks, then using the impact of that news to quickly reap gains and quietly move on.

Early last year, Mitts and about a dozen other prominent securities-law professors urged the SEC to write rules requiring thatshort sellers who voluntarily reveal bets against a stock be required to disclose when they’ve exited the position. The professors alsoasked the regulator to write a new rule that would make closing a short position immediately after disseminating a negative report –with an intent to do so upon publication — constitute market manipulation.

Let us be clear: United States Senators are engaging in these crimes andmanipulating DOJ, SEC and FTC efforts in order to protect themselves. That must end today!


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