Are Gonna BE STUNNED When They Take Time To Discover The Truth of The "Behind The Scenes" Illegal PCFG PPS Market Manipulation Story...
STUNNED!
So we must ask: What is Penson Financial? Where did it come from? And who were its clients?
The answer is that Penson Financial was built almost entirely from brokerages tied to organized crime. And nearly all of its major clients (the traders and partner brokerages that accounted for most of Penson’s massive volumes) are tied to one or more of the following:
1) the Mafia 2) jihadi terrorist groups 3) hostile foreign governments, including those of Iran and Russia.
There was a time when I would have found this hard to believe. But after many years investigating the strange features of the American markets, I finally reached the same conclusion that Admiral Dennis Blair, then Director of National Intelligence, articulated in his 2009 report to Congress.
In that report, Admiral Blair stated that there was a “dangerous nexus” between organized crime, terrorist outfits, and some hostile governments. Admiral Blair also stated that organized crime had vastly increased its “penetration of legitimate financial and commercial markets…raising the risk of significant damage to the global financial system.”
Unfortunately, the Director of National Intelligence does not regulate the markets. That’s the job of the SEC, which has shown no inclination to do anything about the problem. So it is left to us amateurs to tell the story of Penson Financial, an outfit that sits smack in the center of a “dangerous nexus” that was (and still is) looking to do “significant damage to the global financial system.”
Source: The Miscreants’ Global Bust-Out (Chapter 19): How the Mafia-Jihadi Nexus Made Penson Financial the Biggest Brokerage on the Planet Posted on 09 July 2011 by Mark Mitchell
Tags: A.Q. Khan, Abdul Haq, Adler Coleman, Adnan Khashoggi, Ahmed Turki Yamani, Al Qaeda, Alavi Foundation, Ali Nazerali, Altaf Nazerali, Amro International, Arik Kislin, Assa Corporation, Balmore, Bangkok Bank of Commerce, Bank of Credit and Commerce International, BAWAG, BCCI, Bernard-Henri Levy, Blind Sheikh, Boris Berezovsky, Capcom, chemical weapons, Computer Clearing Services, Daniel Pearl, ECNs, economic warfare, electronic communications networks, Financial Terrorism, First Commerce, Genovese, Habib Bank, Hamas, Hanover Sterling, Hekmatyar, Ihsan Barbouti, Iran, Irving Kott, Ivan Boesky, JB Oxford, Khalid bin Mahfouz, LH Financial, Libya, Mafia, Mafiya, Mark Valentine, Martin Schlaff, Muammar Qaddafi, Muwafaq, naked access, naked short selling, nuclear weapons, Omar Abdel Rahman, organized crime, Osama bin Laden, Penson Financial, Rafi Khan, Rakesh Saxena, refco, Roman Abramovich, Russian mafia, Russian organized crime, Sherman Mazur, short selling, Solomon Obstfeld, sponsored access, Sulaiman Abdul Aziz al-Rajhi, Vfinance, Yasin al Qadi, Yunis Khalis, Yvgeny Dvoskin This is Chapter 19 of a multi-chapter story. On your right is a Table of Contents to all chapters so far published.