Archive for September, 2007
Bernanke Abolishes Corrections and Bank Losses
September 22nd, 2007Via: Safe Haven: By lowering rates by .50 points the Fed not only surprised the stock market, which forced shorts to close out positions and caused people to react to the news and create an outsized rally, but sent a very powerful message: The Fed will not allow the market to have a pullback of […]
Mystery Trader Who Bet Market Would Crash by September 21?
September 22nd, 2007The options have expired worthless. When I originally mentioned this, I asked, “Hedging or forknowledge?” Hedging appears to be the answer. However, in Summer of Fear Coming to a Close, Clif Droke theorizes that the put options deal itself was some kind of fear generating tactic. To me, that seems like it would leave way […]
Making a Killing: How Private Armies Became a $120 Billion Global Industry
September 21st, 2007Note: Someone emailed and said that there are no privately owned Apache helicopters. As far as I know, that’s true. Furthermore, Apache helicopters don’t carry troops at all. The Apache is an attack helicopter—a flying weapons platform—with no personnel transport capacity. Via: Independent: In Nigeria, corporate commandos exchange fire with local rebels attacking an oil […]
Northern Rock Effectively ‘Nationalised’ by State Guarantee
September 21st, 2007Via: Telegraph: Northern Rock has effectively been nationalised by the Treasury’s unprecedented guarantee this week to protect all deposits at the beleaguered mortgage lender. Details of the arrangement, published yesterday, revealed that the bank’s commercial paper has been entirely underwritten by the taxpayer. Sources said the move had effectively turned billions of pounds of Northern […]
With Police Present, Private Research Group Tries to Take Blood, Breath and Saliva Samples from Motorists at Checkpoint
September 21st, 2007Hundreds of people complied! Via: Denver Post: The Gilpin County Sheriff’s Office was apologizing Monday after a weekend effort to help a research group led to complaints about what appeared to be a DUI checkpoint – but wasn’t. Sheriff’s officials who participated in the stops now acknowledge that the nonprofit organization requesting voluntary DUI and […]
U.S. Airport Screeners Are Watching What You Read
September 21st, 2007Via: Wired: International travelers concerned about being labeled a terrorist or drug runner by secret Homeland Security algorithms may want to be careful what books they read on the plane. Newly revealed records show the government is storing such information for years. Privacy advocates obtained database records showing that the government routinely records the race […]
Several Readers Contribute to Cryptogon
September 21st, 2007Guys, we’ve had a breathless few days with events. During that time, several contributions came in. I’d like to thank these very generous readers for their support: SW $100 DR $20 Eileen $50 IL is Farmlet’s most generous supporter. He just sent a single $200 contribution. Wow! I’d also like to thank the owner of […]
Dubai Buys 20% Stake of Nasdaq; Abu Dhabi Takes Part of Carlyle Group
September 21st, 2007Via: International Herald Tribune: While American and European companies have been shelving acquisitions after jitters in the credit market dried up potential financing, oil-producing countries in the Middle East showed Thursday that they do not share the same limitations. In a series of multibillion-dollar deals, Dubai, Qatar and Abu Dhabi reached out to acquire significant […]
The Department of Homeland Security and Russian Mind-Control Research
September 21st, 2007Via: Wired: The future of U.S. anti-terrorism technology could lie near the end of a Moscow subway line in a circular dungeon-like room with a single door and no windows. Here, at the Psychotechnology Research Institute, human subjects submit to experiments aimed at manipulating their subconscious minds. Elena Rusalkina, the silver-haired woman who runs the […]
U.S. DOLLAR INDEX NEARING ALL TIME LOW
September 20th, 2007Guys, I don’t believe it, but the U.S. Dollar Index is at 78.37 as I type. 78.33 is the all time low set back on August 31, 1992. Where’s the Plunge Protection Team? HA
