. the Stock Market .
.
Clarke
& Dawe-like presentation on .
.
how
the Stock Market really works! .
. TELSTRA .
. AMP .
The "nintendo" box the kid is using to manipulate the share-price in the image above represents the mass media. Its fairly obvious that the mass media wouldn't perform this "service" for nothing and its open to conjecture what these "journalists" (spin doctors) receive - insider-trading tip-offs, cash, goods, services, favours or just an elevated standing in "the CBD set".
The power of the Australian media can be appreciated as awesome if one understands that early in 2004 the AMP share-price was about four and a half dollars. A little over 12 months before this the AMP share-price was $18 - this collapse in the share-price was almost entirely due to the constant adverse media attention! AMP, through their UK subsidiarys (Pearl, London Life & NPI), was using the "overseas portion of the company in trouble" trick to depress the share-price of AMP and this was undoubedly linked to the NAB's "failed" takeover bid for AMP.
. TELSTRA .
. controversy .
Sydney Morning Herald
These
adds are meant to subtly alter our perception of the stock market (from being
a media-controlled scam)
- and give us plebs a warm and fuzzy feeling about losing our money to "the
biggest racket going!"
Some time ago I was told by a "fellow" that he doesn't trade unless he has been given "inside knowledge"! I have no fear that I'll be interviewed by the Police or the ASIC about revealing my "source" - because both of these "watchdogs"(?) don't want to even begin investigating what is exposed on this web-site and the associated web-site(. s .)!
These takeover challenges are quite interesting with the novel and ultimately successful cross-shareholding takeover bid against a raid from the West Australian entrepreneur Robert Holmes A'Court in the late 80's involving the National Crime Authority (NCA) trying to locate the mysterious investors who made profits totalling $78 million during the takeover battle for BHP. The NCA won the almost decade-long battle to get access to the Swiss bank accounts of the 15 obscure companies registered in Carribean and European tax havens. According to evidence John Elliott gave to the NCA these companies were owned by a group of Belgian dentists!
This recent Rene RIVKIN/Offset Alpine Printing affair has the banking cover-up aspect similar to this John ELLIOTT/control of BHP affair - doesn't it!
"Why doesn't the Australian Federal Government close down this 'loophole' so that this 'problem' would not reoccur?" - (i.e. make it illegal for anyone investing in an Australian corporation to use a "nominee" shareholder)
"The
Australian Federal Goverment views as one of its core
priorities its duty to promote large-scale corporate crime and
protect the perpetrators!" |
||
The recently-resigned NAB chairman, Charles ALLEN, and his chief partner-in-crime, "I'm not very Frank" CICUTTO, bumped up the amount David BULLEN and his "forex" friends lost from the $180 million initially quoted to about double this figure! Additional tens of millions of dollars were added to their "retirement funds" so to speak!
This scandal was just one more to add to the list for the NAB. The money "lost" in Asia was much the same scam with the added flourish of the "overseas portion of the company in trouble" trick employed. Very few would know, or be able to check with any degree of reliability, what actually occurred overseas and so this "flourish" is usually a "winner"! HomeSide Lending in the US was another of these scams where "written off loans to their mates" summarises what occurred! HomeSide was quite a bit larger in scale though as something like $4 billion was "lost".
In this world of corporate crime there is no-one that can hold a candle to the "King Rat" of the "profession". "The DON" ARGUS holds this title without peer! The 16 million pallets, which could not be immediately be located by CHEP Europe (a subsidiary of Brambles Pty Ltd), was repeatedly pushed by the media and you'll have to begrudgingly admit that this particular scam had a certain finesse about it. Guess who bought shares at the height of this "operation" - C. K. CHOW (the "done a midnight flit back to Honkers", ex-CEO of Brambles) and none other than "The DON" (the chairman of Brambles).
The wheels are starting to fall off BHP Inc. with the NAB being taken to court over disclosure in the United States of America for the collapse of Homeside Lending Inc. Slater & Gordon, of Melbourne, have become involved advertising for a class action against the National Australia Bank. Apparently the legal action concerns disclosure by the NAB about HomeSide Lending.
Don ARGUS, the present Chairman of BHP Billiton Ltd., was previously the Chairman of the National Australia Bank and he was the one responsible for HomeSide Lending's foray into the US market. Additionally, the Australian Shareholders Association (ASA) mounted a challenge against "The DON", with a request to include information in the mail-out for the Annual General Meeting of Southcorp (aussie winemaker going through troubled times). "The DON's" response was to resign immediately. My guess is that "The DON" is on the nose (like Jerry ELLIS was over that purchase several years ago of Magma Copper - the US copper producer) and the ASA has realised that they can act now and appear as if they are the protectors of shareholder wealth.
Keep apprised - . Mailing List .
Australian Financial Review 3/5/07 - page S16
I particularly like the last paragraph of this report on Macquarie Bank's 2002 Annual General Meeting in the preceding article where "greed, fee gouging, and arrogance to lack of transparency and questionable accounting" are mentioned! All of these "tricks" are commonly used to defraud the investor!
The only thing I don't know is the period of time these racketeers leave before they do it next time!
. here's someone else who has woken up to "the Stock Market" .
The sum all of these frauds, routinely conducted on the Australian stock exchange (ASX), amounts to a considerable fraction of the gross domestic product and this figure has been estimated as one eighth. This fraction will be approached by every other western-style "democracy" too!
Sun-Herald 31/8/2003
TELSTRA are doing the same with reports in the media of their poor performance in China (and also Japan - the shares were not falling in value fast enough!)
. ENRON .
Why Mark LATHAM has been appointed as Leader of the (Australian Federal) Opposition Party is that John HOWARD could not control his ministers. The only way to get Philip RUDDOCK away from Immigration Scandals was to give him a new portfolio! Also it makes it appear that Australia is a democracy if the leader is changed out every once-in-a-while - BUT THE RIDING INSTRUCTIONS ARE EXACTLY THE SAME AS WITH THE PREVIOUS EXECUTIVE DICTATOR!
Insider trading allegations backed!
Insider trading charge to court
Insider trading case comes to court today
let's see them do the same for money launderers!
. return .