TIME TO HANG CRIMINAL THUG REED HASTINGS SCAM GANG AND SEIZE THE LOOT
CRIMINAL THUG REED HASTINGS PERSONALLY DICTATING SCAM TRADING PIT FRAUD
WHEN WILL HE BE ARRESTED ALONG WITH HIS SCAM GANG?---
forced short squeeze covers and liquidations ...
weekly derivatives being used for the scam bubble extension and loot...........No one wins against these criminals in scam NETFLIX trading pit
HANG SEC/FINRA CRIMINAL WATCH DOGS ASAP =SADDAM STYLE
GOLDMAN SACHS/ MORGAN STANLEY AT THE EPICENTER OF THE CRIME
TECHNOLOGY CROSS VENTURES=LOOT TRANSFERRED BY BARRY McCARTHY AND REED HASTINGS AND NOW CRIMINALS USING HEDGE FUND ROUTE TO MANIPULATE AND KEEP THE SCAM BUBBLE EXTENDED AS LONG THEY CAN
Matt Taibbi: The Real Housewives Of Wall Street: How Morgan Stanley Wives Christy Mack & Susan Karches Ripped Off Taxpayers In Geithner-Bernanke Bailout Scheme
HANG EM HIGH IS THE SOLUTION NOW........HANG SEC/FINRA CRIMINALS TOO
THESE ALL CRIMINAL CROOK WATCH DOGS AT SEC/FINRA MUST BE ARRESTED ASAP AND NO TAX PAYER SHOULD PAY SALARY OF THESE HOME GROWN CRIMINAL FINANCIAL TERRORISTS
MAKE THESE CRIMINALS HOMELESS/JOBLESS & PENSION LESS TOO NOW
RED ALERT IN USA:
BIGGEST SCAM LOOT IN BILLIONS BY MF CRIMINAL REED HASTINGS @NETFLIX LOOT CONTINUES
ARREST KHUJAMI/SCHAPIRO CRIMINALS @SEC ASAP
DEEP THROAT WASHINGTON DC CONNECTION AND CRIMINAL THUG REED HASTINGS SCAM GANG
BIGGEST CRIMINAL CROOK SINCE ENRON/WORLDCOM/DOTCOM/MADOFF
SEC tells Sen. Grassley Drop Dead!
Investigating Hedge Fund SAC...along with "activities" of FINRA in the matter. (SEC Chair Schapiro ring a bell?) -- SEC told Grassley in order to "protect confidential and non-public investigative information" to take a hike. WHO does the SEC work for? Can you hear me now? - A soon-to-be famous / infamous SEC Whistle-blower.
Funny how lack of oversite and lack of enforcement have caused wallstreet to EVOLVE INTO THE WORLDS LARGEST CRIMINAL ENTERPRISE.
She said what?
Mary Schapiro's Securities and Exchange Commission yesterday told a federal lawmaker to take a hike when he asked the regulator for an update on its handling of tips about possible insider trading at hedge fund titan Steve Cohen's $14 billion trading empire, SAC Capital Management.
"We generally do not comment on the status of investigations or related referrals, and, in turn, are not providing information concerning the specific . . . referrals you identified," Schapiro's chief of enforcement, Robert Khuzami, wrote Sen. Chuck Grassley (R-Iowa) in a letter.
Khuzami, a former federal prosecutor, went on to assure Grassley in the five-page letter that the SEC carefully reviews all tips by describing, in laborious detail, the agency's process for reviewing complaints about illicit activity, including illegal trading.
Grassley was not amused by the brush-off.
"This isn't what I asked for, and it's not an acceptable response," Grassley said in a statement. "I'm looking for the SEC to explain how it handled specific referrals. Did the agency review them and find no credible evidence of wrongdoing? Or are they sitting in a drawer because the agency ignored them?"
In response to a question from The Post, Grassley said, "Some of the referrals are outside of the five-year statute of limitations, so I intend to ask the SEC why I can't learn the disposition of those cases, as a start."
The showdown between the senator and the corporate watchdog over the Greenwich billionaire's trading empire began earlier this year when Grassley, tipped about allegedly curious trading patterns at SAC, asked Wall Street's self-regulatory agency, known as Finra, for information about "suspicious trading" it has received on SAC Capital.
Late last month, Grassley followed up with a letter to Schapiro asking her what the SEC has done with some 20 referrals from Finra concerning suspicious trading at SAC going back to 2000.
Yesterday, Grassley lambasted the SEC for seemingly sitting on tips that are as much as 10 years old.
A former high-ranking SEC official told The Post that Schapiro should "certainly be able to respond to Grassley's request" on closed investigations, if not on active ones.
"The SEC response seems to be written in a manner so as to avoid the question as to whether the investigations are active or not," the former official said.
Cohen's SAC has been a lightning rod for speculation and criticism amid the government's widespread probe into insider trading. Two former SAC money managers recently pleaded guilty to illegal trading, although the company hasn't been accused of any wrongdoing.
From 2003 to 2005, Wall Street made billions bundling bad
home-mortgages and selling them to unwitting investors.
Now Wall Street is making billions again off a brand-new
It’s turning into Wall Street's biggest scandal of the new decade.
In fact, calling this scandal “Enron II” is probably an understatement, since we're talking potentially hundreds of frauds.
Hundreds of completely bogus Chinese companies are attempting to infiltrate the U.S. stock exchanges – robbing investors blind and potentially taking them for millions of dollars...
These scummy stocks now litter the U.S. stock market. They could even be hiding in your portfolio.
To get right down to it, if you're stuck holding them, you'll probably lose every dime of your investment. If your mutual funds hold them, your portfolio is still in danger.
Let’s look at the similarities between today and the Great Depression:
The stock market crashes in 1929. Eighty years later, in 2008, it does the same thing.
The bear market rally that started in October 1934 lasted until August 1937—35 months—and took the Dow Jones Industrial Average from a level of 90 to 185, a gain of 106%.
The bear market rally that started in March 2009 has lasted 27 months so far and has resulted in the Dow Jonesgaining 99% at its recent May 2, 2011 high.
History never repeats exactly the same way. If it did, and the current bear market rally were to follow the same path as the bear market rally of 1934 to 1937, we would have eight months left before the next phase of this bear market gets underway. It could happen earlier, it could happen later, depending what else the Fed has up its sleeve.
But when phase III of the bear market rally starts (phase I is when stock prices decline, phase II is when the rally is back, which is where we are now), the after-effects could be much worse than the Great Depression.
Why? Simply, because our government is in much worse shape today than the government of the 1930s. Technically speaking, if our government was a business, it would be bankrupt. As for the Fed, how long can those printing presses run before the value of the U.S. dollar collapses and inflation becomes a huge problem?
The double-dip recession is not far off, my dear friend. This second recession will cut deeper than the first—it will be a doozy. Prepare for it.
((((((((prepare for survival)))))))) now
Scam game is over.................all hell next
Taking all of the profit from the Company for himself and fraud street crime loot partners leaving an empty shell for Stockholders.
THIS IS THE BIGGEST FRAUD PUMP/DUMP CRIMINAL NEWS BY MF REED HASTINGS SCAM GANG EVER
Where There's Smoke, There's Fraud
Sarbanes-Oxley has done little to curb corporate malfeasance. Therefore, CFOs should implement a range of fraud-prevention measures.
Laton McCartney - CFO Magazine
As a convicted felon, Sam E. Antar, the former CFO for the now-defunct consumer-electronics chain Crazy Eddie, no doubt has regrets. Among them: he is no longer in the game at a time when corporate fraud is experiencing a resurgence. "If I were out of retirement today, I'd be bigger than Bernie Madoff," he boasts.
In conjunction with CEO Eddie Antar (his cousin), Sam Antar helped mastermind one of the largest corporate frauds in the 1980s, bilking investors and creditors out of hundreds of millions of dollars. Today, he makes a living lecturing about corporate fraud (and shorting the stocks of companies he thinks may have inflated earnings).
Hastings Behavior Review
I thought it necessary to once again rehash Hastings record of behavior that seems to be un noticed in the media and investment community.....
1) Colluded with WMT to conspire to corner DVD market that has resulted in a pending class action suit.
2) Hired actors at Canadian streaming launch to pose as enthusiastic fans of streaming.
3) Borrowed $200M in debt to buy back stock only to facilitate insiders and himself to sell their stock.
4) This is my opinion. Has over stated & mislead investors on the extent NFLX has streaming subs by portraying stats that 60% of subs stream 15 min or more rather than disclose paying streaming subs. The motivation here is grant NFLX a higher P/E than its peers like CSTR.
WHAT IS PRICE/VOLUME MANIPULATION CRIME?
WHO OWNS NETFLIX SCAM BUBBLE SHARES?
WHO IS LENDING SHORT SHARES?
WHO IS PLAYING MANIPULATION SQUEEZE SCAM?
WHO IS WRITING FRAUD RESEARCH REPORTS AND WHO BENEFITS FROM THESE SCAM SEARCH REPORTS?
WHO LEND $200M DEBT TO READ HASTINGS AND FOR WHAT PURPOSE?
WHY DID 5 BOARD OF DIRECTORS ALLOWED SUCH A SCAM BUY BACK WITH $200M DEBT?
WHO MANAGED COOK BOOK SHARE COUNT FOR SCAM EARNINGS HYPE SCAM NUMBERS?
WHO PLANNED ALL SCAM NEWS SPINS FOR PUMPING SCAM BUBBLE?
LET THE JUSTICE BE SERVED IN USA
HELLO SEC/FINRA CRIMINAL WATCH DOGS
More proof: White Collar crime Data
White-collar crimes cost the United States more than $300 billion annually according to the FBI.
NETFLIX DAY LIGHT ROBBERY CONTINUES=PROVES SEC/FINRA CRIMINAL WATCH DOGS IN THEIR POCKETS
This is what I see from Criminal Greedy crook CEO DNA @NETFLIX=Biggest Ponzi scam since MADOFF
HERE IS LOOT IN BILLIONS WITH $200m DEBT SCAM BUBBLE AND BALANCE SHEET RAPED TO ZIPPO BY CRIMINAL THUG REED HASTINGS AND HIS FRAUD STREET GANG
CRIMINAL CEO'S LIKE REED HASTINGS DO THIS:
When I play Railroad Tycoon III, I often send my company deep into debt to get cash on hand to buy back shares, effectively increasing my ownership of the company as an absolute percentage. Then I issue massive DILUTION WITH FREE OPTION GRANT PRINTING PRESS or DIVIDENDS s until my company goes bankrupt, and start a new company.
It's a way to shuttle money borrowed against a company's assets into my personal bank account at no risk to me........become a BILLIONAIRE IN FEW YEARS
3. To Benefit Executives
Many executives get the bulk of their compensation in the form of stock options. As a result, buybacks can serve a goal: as stock options are exercised, buyback programs absorb the excess stock and offset the dilution of existing share values and any potential reduction in earnings per share.
By mopping up extra stock and keeping EPS up, buybacks is a convenient way for executives to maximize their own wealth. It's a way for them to maintain the value of the shares and share options. Some executives may even be tempted to pursue share buybacks to boost the share price in the short term and then sell their shares. What's more, the big bonuses that CEOs get are often linked to share price gains and increased earnings per share, so they have an incentive to pursue buybacks even when there are better ways to spend the cash or when the shares are overvalued. (Learn more in the Pages From The Bad CEO Playbook.)
Pages From The Bad CEO Playbook
Here is Criminal crook Crammer PUMP/DUMP SCAM AND MANIPULATION VIDEO
THIS CRIMINAL USING THE SCAM ON CNBC TO FRAUD AMERICAN RETAIL INVESTORS
HIS NETFLIX SCAM NOW CONTINUES FOR HIS FRAUD STREET GOLDMAN SACHS AND OTHER INSTITUTIONS OR HEDGE FUNDS
Netflix insider enrich Ponzi scam is too deep and Billions have been looted.This company since listed on exchange has been playing scam with managing cook books to enrich insiders and their criminal wall street partners at Goldman Sachs,Morgan Stanley and insider Technology Cross ventures.
I challenge every Financial expert in USA to debate this on TV.Dotcom scam planned end of 2009 and executed in 2010 with streaming scam hype and $350M debt money used for short squeeze scam bubble and balance sheet raped and now worthless. Off balance sheet liabilities over Billion. How can insider take over $1B+ in 2010 alone , when company earned only $160M in 2010?
CRIMINAL THUG REED HASTINGS AND HIS FRAUD STREET CRIME PARTNERS
MORGAN STANLEY & GOLDMAN SACHS DUMPED MAJORITY OF THEIR SHARES FOR THE LOOT IN BILLIONS WITH SCAM BUBBLE CREATION AND MANIPULATION NOW WITH WEEKLY DERIVATIVES IS CRYSTAL CLEAR CRIME SCENE
ASK SEC CRIMINAL WATCH DOGS AT SEC:
WHAT IS PRICE/VOLUME MANIPULATION CRIME?
WHAT IS PUMP/DUMP SCAM
WHAT IS INSIDER TRADING AND MISLEADING SCAM SPIN AND RUMOR PUMP/DUMP NEWS SPINS?
NETFLIX insider enrich scam is 100X bigger than MADOFF ponzi scam
2010= INSIDERS @NETFLIX LOOTED OVER $1BILLION+ RAPED BALANCE SHEET AND SLAPPED $200M DEBT FOR THE CRIME SCAM LOOT