To begin to compare even the dollars involved with well acknowledged & commonly used financial instruments such as derivatives, CDO, CDS and other toxic debts to those being attributed to the still highly elusive and massively tentacled NSS beast, well...that's just silly.
Derivatives, etc. are well acknowledged NOW. Very few people outside of the banking industry knew what they were in 2008. The ones who had the knowledge and the political collusion to use them were able to make illicit fortunes on the backs of the taxpayer.
As far as being commonly used. Derivatives are commonly used. Though examining sub prime mortgages, leverage and many other factors, you have to question their application and existence. CDO's (Collateralized Debt Obligations) are just are purely bogus ways to hide junk status debt under a little bit of AAA status. Credit Default Swaps are purely criminal if they were really examined. Even with this "well acknowledged and commonly used" status, we are barely scratching the surface here.
NSS is better known now than derivatives were in 2008. Creating fake shares are something that on the surface is more readily understandable by a layman. The application is where it get really tricky where you need experts to ferret out all the ways NSS can be done and "slipped in." By it's nefarious nature, the common use of NSS cannot be openly broadcast.
So, I can absolutely compare the two (NSS and derivatives).
So now it's $4 NSS penalty for each .0001 FFGO share going straight into shareholders' pockets?
I never said the word "penalty." Since, you are bringing it up, sure... Simply to return the NSS gains the NSSers stolen is fair?? In the case of FFGO there are years of opportunity cost. I have a pretty fair annual return on investment myself. There should some punishment beyond opportunity cost, in my opinion. It has nothing to do with "greed" on my part. And if you think "greed" is a bad thing, you should read Ayn Rand.
FFGO shareholders are no more special than the many other companies who have had there share prices decimated by illegal NSS.
So, NSSers are not "real" criminals to you? I have been one of the few long shareholders who has been very clear of the wrongdoings that FFGO/NMGL has done. Anytime the NSS issue is pressed, the immediate comeback is the "scam" card. Hmmm. I never mentioned the company. I kept it right on NSS and derivatives.
True, "shorty" may get blamed for bad investment choices. The thing with "shorty" is his elusive nature never provides confirmation if one is right or wrong for blaming shorty. "Shorty" cannot be blamed for risk management. An investor should have plenty of other money to invest in things that shorty has a much harder time manipulating.
Trillions of dollars have purportedly been stolen from the pockets of trusting shareholders...and there is yet to be enough public outrage generated to prompt serious investigations?
I know that many people here at FFGO have called and emailed government agencies at no avail. No confirmation or denial. The only answer one may get is that "we will look into it." Well, "they" have been looking into it for years... We aren't the only company.
Transparency is the problem here. We cannot see what goes on very easily at all. When we do DD and confirm it, there is no one to listen and act.
Thanks for making me feel "special" LOL.
