One of many and one of many many more..........the biggest question of all????????? how much did this last round of 10bn shares actually sell for?.........who if any bought them?. He can use any number of his corrupted friends for a price so he can make it appear to be something its not. This is just one big scam he is pulling on the investing public.
Yesterday I heard something interesting coming out of Senator Dodds mouth when speaking to Bernake........It was in reference to investors. The idea of companies being able to raise capital from the public, what is considered to be the private sector, that have no guarantee's. This is what they ultimately want to see, and their reasoning behind these bailouts. Getting these companies, or the market back on track to get people investing again...........oh yes!!! private investments???????????............Investments!!!!!!!. The kind the wealthiest entrusted a former Chairman of the Nasdaq with. "Made'off", a name that will go down in infamy...........No securities were traded by him for 13 years.
We have all been witness to what investing in Common A shares can result in..............in the pinks its not even this. Its throwing money into the abyss, and in this case into the toilet, or Berman's personal account, from investors accounts to his Broker, wired from his Broker, to his beater account, and account he uses to only withdraw this money from, and from there to his pocket...........its as bad as giving your credit card number away to someone living in Nigeria who is out to commit fraud...............not much difference.
Till something really really changes I see very little of this occurring, people have now lost to many times, to much of their money into hyper risky companies, and many of these have even been seniors............The Junk Bond days were reborn, and there were many willing to insure them. In Russell's case, in the pinksheet arena most of these companies Ceo's have nothing more than a computer, and phone, they then give away stock to pump this bullshit.
"Dying Is Not Much Of A Living"
Josey Wales
