Tuesday, June 14, 2011
UNITED HORRORS-DEUTSCHE BOERSE & EURONEXT/NYSE MERGER
Before delving into subject matter below/above I must add a readers advisory, warning.
I can NOT do justice to the intricacies of the subject matter above/below with off the cuff remarks, a brief post.
It definitely requires a well composed, organized, thought out, prepared paper, presentation.
Nonetheless, I shall highlight some of it anyway with a few OBVIOUS points because it seems SO important to me.
Hopefully, others fill gaping holes themselves and perhaps prepare such a paper.
Clearly, ABOVE/BELOW ANOTHER reason why a recent powwow, officially sanctioned state visit, between a revived UNITED HORRORS OF NAZI occupied German Chancellor MERKEL AND OUR OWN US NAZI DICTATORSHIP occurred, about which I commented in a previous post.
Voluminous amounts of information exist pertaining to the subject discussed ABOVE/BELOW.
It is and was a HIGHLY charged, CONTROVERSIAL issue, OPPOSED, initially, by nominal US shareholders as too anti-competitive, monopolistic and NOT priced sufficiently high.
However, as far as I am concerned, it is a predetermined, DONE DEAL, because, amongst other reasons, a major "advisor" being MORGAN STANLEY who is, in turn, intimately involved, overlapping, interconnected, with ALL major financial institutions, encompassing NYSE/EURONEXT & DTCC.
For example:
HERE
http://www.complianceweek.com/former-morgan-stanley-exec-joins-nyse-euronext-board/article/189026/
MY REAL critique, however, concerns, in the first place, existence of AN ENABLING, UNDERLYING, PRIVATELY owned natural resource, financial and industrial based asset system which now morphs into something else called a "derivatives" market representing none other than another purely speculative economic bubble, "CASINO CAPITALISM" generating ever greater conflated, reconfigured, capital profit.
I imagine most everyone is familiar with an expression "hedging your/ones bets."
Basically, our NEW speculative flavored derivative, hedge, market represents one glorified, state sanctioned, large, huge, GAMBLING casino on EVERYTHING and anything under the sun.
THIS is what is meant by EXPANDED "emerging markets."
"TOO BIG TO FAIL" BECOMES A GLOBAL OCTOPUS, consuming everyone and everything in sight!!
"FEED ME, FEED ME!!" as a bloodthirsty, engorging plant demands in the cult movie, "Little Shop of Horrors."
However, an important difference, distinction, exists between a gambling casino and the system represented above/below.
People individually, voluntarily, enter a gambling casino.
NOT in the above/below case.
COLLECTIVE economic resources become part of, subject to, underlay, one gargantuan, huge, manufactured hedge, leveraged, speculative tool kit of "exotic derivative financial instruments," as they are called.
Ratios of derivative, hedge fund, leveraged value to ANY underlying assets become totally DISPROPORTIONATE, ASTRONOMICALLY INFLATED, bearing NO relationship to one another, just as inflated stock prices to underlying real asset incomes and historical, boom and bust cyclical scenarios!!
In the case of a casino, the HOUSE ALWAYS WINS, everyone else losing, which is how the casino makes its profit, allowing for a necessary occasional winner.
And, so, the same above/below.
But, once again, in THIS instance, they bet, play, not only with leveraged, mortgaged real estate, BUT EVERYTHING AND ANYTHING AT ALL!!
Part and parcel of a PRIVATE, criminal, money-go-round, economic system.
My text continues below, but, first, one brief, background link to subject matter above:
HERE
http://www.advfn.com/nyse/StockNews.asp?stocknews=NYX&article=46256574&headline=us-regulators-approve-nyse-dtcc-clearinghouse-venture
I did quite a few previous posts concerning our DTCC, Clearstream associations, Stockgate, Naked Short Selling, controversies, etc.
For easy, quick reference and simplicity sake, I refer back to a 2009 post I did from which you can follow threads backwards, forwards, sideways, up, down, if you wish:
HERE
http://karlmarxwasright2.blogspot.com/2009/04/citigroup-lucy-komisar-schacht-gehlen.html
As an aside, refresher, reminder, also, SOME may recall, at THE TIME stock trader ANTHONY ELGINDY was prosecuted for irregular trades, he appeared to benefit from PRIOR inside knowledge of upcoming 9/11 events.
Because my initial, former, first blog is now blocked from public access, I excerpted a SHORT paragraph from an August 2005 post related to the ELGINDY episode to which I refer above:
"...Elgindy, in turn, is/was connected with Khashoggi's financial empire.
It was Elgindy who made questionable trades just prior to 9/11 and statements on these trades alluding to pre-information about the event.
This part surfaced briefly and then disappeared.
Elgindy's trial could have been the/a key link unraveling interlocking financial connections to 9/11.
But, that trail was intentionally allowed to lapse.
Meanwhile, while you're at this website, there's a more current article for those of you interested in another potential financial web linking back to Michael Milliken and other luminaries at the following article,
"From Dateline to Overstock...The Plot Thickens," August 16, 2005:
www.faulkingtruth.com/Articles/Investing101/1037.html "...
...END 2005 POST EXCERPT
At this point, you are on your own to pursue this subject further if you wish.
Thousands of official and unofficial material, analysis, commentary, available online, along with US Congressional hearings.
Here's ONE official EXAMPLE of what I mean, if you care to plow through it:
HERE
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1856724
To be continued another time...PERHAPS??
Ending on a musical note apropos of nothing in particular.
Perhaps, just escape and reminder of elegant simplicity in times of trouble and turmoil.
Many more selections available from which to choose on youtube.
I chose what seemed the most early, original, unadulterated, musical ingenue performances:
"A BRIDGE OVER TROUBLED WATERS," Simon and Garfunkel
HERE
http://www.youtube.com/watch?v=H_a46WJ1viA&feature=related
AND:
"SOUND OF SILENCE," Simon and Garfunkel
HERE
http://www.youtube.com/watch?v=MySjLLX_Op8
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