CMKM Diamonds Inc. (fka CMKX)

[USC-Trader]

Interesting post:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=81132

By: william_munny0
20 Jun 2004, 09:45 PM EDT
Msg. 81132 of 81136
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I did a liitle research over the weekend. What inspired it was reading a letter from MM Nite to the SEC dated Jan 6, noting their objections to the proposed tightening of rules as regards naked short selling particularly on OTCBB issues.

Copied on that letter was one Annette Nazareth. That name rang a bell. From a little more research, I found out why. The recent "Stockgate" conundrum included her name as the SEC official that has suggested that ownership of paper stock certificates may be "outlawed", simultaneous with the DTCC being accused of "electronic counterfeiting" of non-existent shares through their "stock borrow" program.

This piqued my curiosity. As it turns out, Annette Nazareth is the SEC's Director of the Division of Market Regulation and appears to be squarely in the camp that supports naked short selling - something seemed very odd.

It seems comparable to a US Gov't Environmental official that would support higher levels of Sulpher Dioxide.

Through a few more google searches - something interesting came up. She (Annette Nazareth) is married to Roger Ferguson. Does that name ring a bell? Well, it should.

Roger Furguson is the Vice Chairman of the Federal Reserve, the number 2 guy after Alan Greenspan. Funny that Roger's name is rarely in the media, but besides Greenspan, the only Fed I have ever seen in the news is Bernarke (sp?).

Seems as if the Federal Reserve isn't anxious to disclose the roles of Roger and Annette. And for obvious reasons why. This marriage reeks of CONFLICT OF INTEREST big time. If you were to say why, I would have to respond, "Let me count the ways!"

Some further reading, with a focus on the SEC enforcement unit, revealed that they are powerless unless accompanied by a Joint Effort with the Justice Department. And further, that the majority of SEC employees do nothing during the day but play computer video games. Our "watchdog", ha! Good as #### on a bull.

In my naive youth, I believed in the power of our National Institutions such as the Federal Reserve and the SEC. Within the last few months I have learned that the Federal Reserve is NOT a National Institution and the SEC is inept.

More fallen icons like so many statue figures on Easter Island, mere primordial figures bearing no current import ot relevance to today.

And the singular mutual trait of both of them in today's reality appears to be the capabilty and willingness to defraud the overwhelming and vast number of US citizens and investors; who are trying to free themselves from the yoke of perpetual servitude.

Annette and Roger, the new millenium. I feel sick.