Deeper Greater Taking (Fraudulent Banking)
Posted by CaptainKirk 1 month, 2 weeks ago to Economics
Chris Martenson brings in another author who's been there. And she spills the beans.
Did you know your broker can SELL you stock and "put it in your account" even though the actual stock was NEVER in their control?
Or that the REAL problem with Lehman Brothers was that they sold MBS that they did NOT HAVE mortgages for.
The deeper you go, the worse it gets!
Did you know your broker can SELL you stock and "put it in your account" even though the actual stock was NEVER in their control?
Or that the REAL problem with Lehman Brothers was that they sold MBS that they did NOT HAVE mortgages for.
The deeper you go, the worse it gets!
SOURCE URL: https://www.youtube.com/watch?v=SutU5vXcIrs
(and their wealth) - which usually don't coincide with the increase of the share price which is your interest.
Ever wonder why most small public businesses fail due to lack of funding (from Wall St and the banking
cartel) and are then acquired by big public businesses?
I was helping a small startup. They handled Major Storm Flooding. Vehicle Salvaging, and setting up work trailers, bringing in energy and communications, equipment. Like a MASH setup for after big floods. AMAZING.
Then they go to the banks, because the way it works is they have to put up ALL of their expenses on the way in, and then get the checks from insurance/government after the fact.
So, they need a line of credit. And this is what 99% of Americans do NOT know...
The banks said "Okay, we will give you a $5 Million dollar Line of credit at 10%"... But, we get the OPTION to buy 20% of your company at PENNIES on the dollar or no deal.
Now, they were Options. But another term I can't remember right now. But they work like options with no cash value so they don't have to be claimed, and no expiration.
As I looked into this. I found this was VERY common place. And if they outgrow that line of credit, they'd have to offer up more of their company.
So, the banks end up collecting the interest. At the time 10% was outrageously HIGH... But it was considered unsecured.
The company refuses. They go under, and the bankers assigned someone to keep an eye on them, had someone else setup a similar business, buying them out for nothing...
So they win either way. And if you can afford the 10% fee... Then you are going to be a very profitable set of stocks... And they will likely take you public, and take even more of your company.
The business mafia bankers run/control everything!
Yeah, you can find some GREAT Deals. I've had 2-3 stellar trades (Citi/Travelers Merger, I was long citi Calls that were going to die under water, until the merger that weekend. Recovered my year for me. LOL. Pure luck).
It's more like gambling, TBH...
I avoid it now. Buy the indexes on big down days. you will have crushed 99% of fund managers! LOL. The indexes are RIGGED to go up. Because 493 of the 500 S&P Stocks are down to even. 7 of them make all of the progress...