The $24 Trillion Dollar Beast....
« Thread Started on Yesterday at 11:20pm »
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By: my69z
01 Jul 2006, 07:58 PM EDT
Msg. 313129 of 313164
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....The $24 Trillion Dollar Beast....
After reading these statements,,,some "CMKX" things came to mind.
It's a little long,,,,,,sorry.
But it all says to me,,,CMKX WON"T file a Fed case,,,,yet.
Because if they do that,,,,they'd be placing a gag on themselves.
I think CMKX will be the "need for certs"(IF needed) example of this attack on the Hedgies and their crews....aka...The $24 Trillion Dollar Beast
Would "we" rather be in a court room???...or on Natl T.V.??
Explains for me why we got all the info we did from each agency....think Maheu would go before a Committee without all this info??
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Matthew Friedrich, Principal Deputy Assistant Attorney General
and Chief of Staff of the Criminal Division
UNITED STATES DEPARTMENT OF JUSTICE
"...I would like to assure you that the Department shares your concerns regarding integrity in the marketplace.We are dedicated to utilizing our law enforcement tools to ensure the integrity of the markets and protection of investors and the public from fraud."
"...At every level – federal, state and local – we’re enforcing the laws that protect the integrity of our government and corporate institutions."
"...Integrity in government and business is essential for a strong America."
"...The President’s Corporate Fraud Task Force....."
"...From its inception in 2002 through this past December,"
---Think of the rumored Mahue arrival dates/Burrel's comments of Mahue only going where he's sent and Jay's refrence to POTUS )
" Moreover, in addition to bringing corporate and securities fraud prosecutions, the Task Force has also brought a number of tax prosecutions through the Tax Division,.."
" The Department’s enforcement efforts have also sought to prevent the recurrence of criminal activity by requiring significant reforms from corporations under investigation. The Department has applied this approach in resolving investigations involving, among others, PNC Corporation and Computer Associates. Those reforms have included requirements that the companies establish a restitution fund, agree to new policies in connection with financial reporting, perform additional internal audits, and, where appropriate, consent to the monitoring of these procedures by independent auditors. "........
---Remember Conversion Services and their SOX compliant and financial reporting systems??,,,the same company "CMKX Extreme" invested a few millions in...how ironic.
"...The most important law enforcement entity in this arena is the FBI."
"...The FBI’s expertise and resources are a cornerstone of our white collar crime enforcement efforts." (HMMMMM)
--- Remember...Mahue said,,,some of our contacts go back 40/50 years and we're told things others aren't.
And remember what the OSS's slogan is.... ( Talk Kills )
"...The SEC obtained court approval of a plan to distribute more than $500 million and 10 million shares of MCI stock valued at $250 million, that it obtained from WorldCom, to a fund to compensate the victims of the company’s widespread accounting fraud.
---I think FTD's could be an "accounting" issue?? )
"...In February 2006, the Department of Justice and the SEC each reached an agreement with AIG Insurance in which AIG accepted responsibility for its involvement in two fraudulent transactions and agreed, among other things, to pay $25 million in penalties to the United States, to cooperate in the government’s ongoing criminal investigation, and to simultaneously pay the SEC a fine of $100 million and disgorge $700 million."
---There's that word Pj,,,, "disgorge"
"...InVision disgorged almost $600,000 in profits and paid a criminal penalty of $800,000,"
"...It is also important to note that our corporate fraud enforcement efforts encompass health care fraud prosecutions."
--- Wasn't it always said,,,alll of the market to be cleaned up??...think beyond just "stocks"
"...At the same time, we have achieved success in addressing the problem of an underlying corrupt corporate culture in cases like HealthSouth, where the company agreed to pay the Government $325 million plus interest and.."
"...Third, stock brokers are prohibited from inducing "the purchase or sale of, any security by means of any manipulative, deceptive, or other fraudulent device or contrivance" Section 15 of the Exchange Act "
-- Remember the Jefferies letter??
"...Fraud and stock manipulation cases require significant resources Most cases lack a single star witness or document, e-mail or memo.Rather, most fraud and manipulation must be proven by developing a complex set of facts and evidence.Complexity and cost are significant obstacles to enforcement actions."
--- Is CMKX a "fact" waiting to happen?? And remember it's been said,,,,"everyone" has a role,especially when your taking on a $24 TRILLION dollar...Unregulated Beast.
"...These efforts are a cornerstone to the Department’s efforts to strengthen the integrity of the market place, protect the public, and restore confidence in our corporate institutions."
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ATTORNEY GENERAL RICHARD BL.UMENTHAL
"...and assure confidence in the integrity of the markets "
"...but these financial tools may also be susceptible to invest01 fraud and abuse --"
--- Frizz said the fraud goes against the most basic market concepts
"...Greater transparency will help enhance investor confidence in this increasingly important and influential part of the market. "
"...Lack of aggressive enforcement can make any law meaningless, leaving investors and markets unprotected. "
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Next was Mr. Gary J. Aguirre
Former Investigator
U. S. Securities and Exchange Commission
* Read his 18 page report if you haven't,,,,I think he'll qualify as a "fact".
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TESTIMONY OF MARC E. KASOWITZ
He talked about manipulating companies through various ways and read the 11/10/05 TF update..." CMKX stock seemed to be a poster child for this illegal trading
technique." ---- remember all the negative articles published?? LOL
"...That erosion in turn artificially depresses
stock prices, exaggerates market reactions to bad company news, and suppresses market reactions to positive company news. Moreover, even the mere existence of such disinformation in the marketplace invariably leads the media and regulators to investigate the rumors, and the resulting publicity and investigations exponentially aggravate the severity and duration of the negative effect.
What results is a self-sustaining downward pressure on a stock that is extremely difficult -- if
not impossible -- to reverse. And although this pressure is artificial, the devastating impact on the company and its shareholders can be and often is enormous. "
--- The TF also said in the 11/10/05 update:...
" Since it works to the short sellers advantage by causing
the stock to go down when they naked short a stock, it should work in the opposite direction to cause a stock price to go up when the stock is hard to find because of their short selling techniques.Many people bought this stock because of this possibility."
"...likewise short-sellers and their analyst co-conspirators may not spread false, misleading,
unfounded, or exaggerated information for the purpose of
creating or accelerating a decline in stock price. "
--- This reminds me of Frizz saying..." Our stock is not trading at the moment, so the shorts can’t simply send some bashers to the boards and buy the stock at a discount to close out their positions.
--- And think about the unprecedented bashing of CMKX,,,and it's ok....cause like Frizz said,,,,the stock isn't currently trading, so don't expect to buy it back at a discount. LOL
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Think of this in a military way....what does the U.S. military do in all out war today??
They attack you form the rear...cut off your food,water,communications, etc....
You are a "fact" to cut the head off a $24 Trillion Dollar Beast
That's what CMKX's role was with the FTD's and that's why we aquired all that info the last 18+ (?) months...IMO.
Think about it...nothing, nothing the Govt. does effects "CMKX".
So what the Senator said NSS wasn't illegal...where do you get NSS'd??
On the market.And I agree with someone who said about 2 weeks ago that this will be swept away under "back dating options". ( sorry, can't remember who right now)
And when was the last time CMKX or the TF made "NSS" the main issue?? It's now..."FTD'S" & CMKX is poster child to counter anyone wanting to do away with certs.
Sooo,,,what are the odds that 7 months ago CMKX...or as I call it,,,Pinkie Tha Bull...said before all these committee people did on 6-28-06,, that their mission was to restore the "Financial Integrity" of our markets??? :
TF update from 11/10/05---
As a UNITED FRONT, this loyal group of shareholders
has a chance to not only make history, but to start
rebuilding the financial integrity of our U.S.
markets for the sake of our children and
grandchildren!
You start by
Gltua!
Chris
