You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #13: They've been rigging the S&P for a couple of years now [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
specimenfred1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 01:57 PM
Response to Original message
13. They've been rigging the S&P for a couple of years now
as I've posted numerous times in the "Stock Market Watch" threads in Latest Breaking News on DU.

Goldman buys 20,000 mini-S&P 500 futures contracts in 2 minute time periods, always on days when a Fed spokesperson is speaking -- I call it "Fed speaks, Fed pumps". They also do it on bad economic news days, days when the overall market would not go up.

It's a fascist country now. The head of the SEC was appointed by Bush and has a history of insider trading. Frist, the GOP Senate head is an insider trader. Con's offices had traders trading from the Capitol building based on legislation that was passed and I wouldn't be surprised if they're still doing it.

Finally, a huge natural gas hedge fund named Amaranth collapsed, losing $5 billion a week and it blocked "investors" from pulling out of the fund. Goldman Sachs had "investments" in that fund.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC