Down day # 5 in the making!
Predatory Capitalism in Collusion with the Gobernment by Oligarchy will resort to any illegal/criminal ploys to accomplish their hidden agenda (wealth loot, in this case)...
It [Trading] is all done by HFT algorithms owned & triggered by hedge funds & WS Banksters... It is also called 'Dark Pool' or 'Circle Jerk' trading between the 'friendly' computers.... These days, very few retailers are playing the game (throwing their $$) in this rigged Casino ... SEC is all paid off by the crooks in charge!
They (FBI) stopped the investigations after they found out the account(s) under which the ~4500 UAL & AMR put options were bought had some CIA Director's names in them :)
March 20, 2012, Asia Times, Within two weeks of the attacks, CNN reported that regulators were seeing “ever-clearer signs” that someone “manipulated financial markets ahead of the terror attack in the hope of profiting from it.” The evidence for informed trading on 9/11 includes many financial vehicles, from stock options to Treasury bonds to credit card transactions made at the WTC just before it was destroyed.
At an early stage of its investigation the SEC did recommend that the FBI investigate two suspicious transactions. We know about this thanks to a 9/11 Commission memorandum which summarizes an August 2003 meeting at which FBI agents briefed the commission on the insider trading issue. The document indicates that the SEC passed the information about the suspicious trading to the FBI on September 21, 2001, just ten days after the 9/11 attacks.
The identity of the suspicious trader is Wirt Walker III
(google for more info on D Walker]
Orchestrated Wealth loot with fabricated "Crisis" (and perpetual war & Oil grab with 9/11)
The money is being blown up in ME countries... The weapon manufacturers and 'brokers' including the 'expert consultants' from our Pentagon have taken most of the loot, not to mention the WS hedge funds and banksters who are still holding their naked short positions (from ~$80 in 2008?) , with no one to raise a finger against this financial crime of the century!! the politicians who have joined the bandwagon must have gotten some crumbs from the wealth loot....
The Gobernment, Justice Dept etc all have joined to accomplish the heist for their paymasters...
I don't think there is going to be a 'Happy Ending' for FnF longs (including me)... The picture is becoming more & more clear now.... No wonder they paid small fines to pacify the noise makers (media against TBTF WS Banksters)
Plain & simple... The crooks [politicians] in our Gobernment & Justice dept. are puppets of their masters...
GW, HP & Obama were/are all working for their paymasters... Cry for AmeriKKa!
Read the news:
JPMorgan Chase & Co. JPM is set to re-enter the mortgage servicing business in a big way. The banking giant has been revealed as the buyer of Ocwen Financial Corp.’s OCN $45 billion of mortgage servicing rights (“MSRs”). This was disclosed by the newsletter Inside Mortgage Finance citing industry advisers.
Earlier this month, Ocwen announced signing of a letter of intent with a buyer (name not disclosed at that time) for sale of the above-mentioned MSRs. These MSRs formed part of a portfolio which consisted of roughly 277,000 performing agency loans owned by Fannie Mae FNMA....
Thanks for correcting me... Yahoo chart(s) shows a cross-over of 50dma & 200dma at ~2.60.. may be they are wrong...