Archive for June, 2009

How the SEC Can End the Deceitful Practice of “Window Dressing”

Sunday, June 28th, 2009

There are certain widespread practices that have existed in the financial industry for many years that seem to have no purpose but to defraud the retail investor that I’ve often wondered how they can still be legal. Window dressing is one such practice and as we approach the end of the second quarter 2009, now [...]

From Free Markets to Absolute Power: The Warped Views of “Bank Speak”

Wednesday, June 24th, 2009

The most valuable lesson I learned in grad school a long time ago was about how media filters prevent truth from reaching the mass population regarding a large and varied number of topics. During research for my Public Policy graduate thesis, I discovered that politicians often granted legislation misleading names or purposefully released misleading sound [...]

The Strange Inconsistencies Behind the $134.5 Billion Bearer Bond Mystery

Tuesday, June 16th, 2009

Here’s yet another huge financial story that has been virtually blacked out by the US financial media. Although on the surface, this story appears to be a non-event, if we consider some of the released facts about this case, you will understand why I consider it to be a huge story. On June 8th, the [...]

Is MartketWatch the CNBC of the Online World?

Monday, June 15th, 2009

Just a couple of months ago, Jon Stewart of the Daily Show made numerous headlines when he ran a spoof of the terrible financial journalism displayed by major financial network CNBC. In his spoof, basically Mr. Stewart pointed out prediction after prediction after prediction by CNBC financial experts and global financial executives that carried not [...]

Can Rising Stock Markets Serve as Confirmation of a Crashing Economy?

Wednesday, June 10th, 2009

Though I still believe a significant global stock market correction, led by US markets, is on the horizon, what if, against all odds, the US stock market continues to rise? Massive intervention into capital markets today by every major world government has created an bizarre situation in which investors in the major global stock market [...]

Telltale Signs a Significant US Market Correction Won’t Happen in the Immediate Future

Tuesday, June 2nd, 2009

As has been the case for a while now, in regard to financial stories reported in the media, a breaking story is reported that is often followed by a completely contradictory story just several weeks later. The latest example of this is the following. On May 6, Friedman, Billings, Ramsey Group analyst Paul Miller stated [...]