I can finally tell you: <object id="wsj_fp" width="512" height="363"><param name="movie" value="http://s.wsj.net/media/swf/main.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID={37340FA3-89C1-4C58-BCD9-D5C94766B3B0}&playerid=1000&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video"name="main"></param><embed src="http://s.wsj.net/media/swf/main.swf" bgcolor="#FFFFFF"flashVars="videoGUID={37340FA3-89C1-4C58-BCD9-D5C94766B3B0}&playerid=1000&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video" name="main" width="512" height="363" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object> http://blogs.wsj.com/digits/2009/11/05/talking-tech-with-overstockcom-ceo-patrick-byrne/
It was a couple years ago. I knew Cramer and Greenberg were pulling down everything. You'll see, as the rest of this comes out, Greenberg would bash a company on the Street.com, Cramer would follow, Greenberg would write it up again. It could be construed as, well, planned. Anyway, one CEO knew what he was up against, and saved everything. Someone else has archived the majority of the stuff. But anyway, knowing the dirtbags pulled stuff down, I had seen the video of Cramer running his big mouth, made a call, and said, "pull this quickly, and archive it." That's the vid you saw on Comedy Central. Just call it my "Mad Money Moment". The way things look, I'll be able to tell you a lot more very soon. I don't think this is going to be CNBC's year.
I can't believe Cramer hasn't been fined or on in jail. The guy goes on The Street and brags about how he broke the law, manipulating the markets in a way the SEC couldn't tell, because he referred to them as stupid. Now this. I have always thought he was a good fade and a freak but where is the accountability? Of that's right land of unregulated capitalism.
His time is coming. He thinks he 's going to get by on statutes of limitation. I don't think so. There is a lot of pressure on our "leaders" to bring all to Justice. Of course, Crames is innocent until proven guilty, video or not. So, try him, then hang them. It's only right. But notice Byrne is talking about Kroll assembling a network of insiders? What was the galleon thing about? Patrick has been on Kroll for years now. This shit has to stop while we still have capital markets. The powers that be don't think they have to stop. If we don't stop them, ...... let's just say I'm glad I don't have kids. You guys who have kids, I fought your battle for years. You're welcome. And Byrne? Your kids owe him plenty. He's never asked anything for himself. He didn't have to do this. PS. When Picower conveniently died of a heart attack and drowned, it was disclosed that it now would be difficult for Madoff Trustees to get any money back. How convenient. That money trail takes you to the Sith Lord(s).
The level of corruption in this country has risen to the level of a third world country's. The sad truth is it will only get worse. Communism is on its way. Ask AngryCat. He's seen it before.
Cramer looked pretty timid in his interview with Stewart. But even CNBC did a special on "House of Cards", where an analyst at a rating agency sent an e-mail to his colleague saying "Let's hope we're rich and retired by the time this house of cards falls." If that wasn't saying "Yup, we're committing fraud and we know it!", I don't know what is. But where are the prosecutions?
Here's one I have been waiting for: http://news.yahoo.com/s/nm/20091106/bs_nm/us_galleon_arrests The Galleon case is already the biggest hedge fund insider trading scheme in Wall Street history, and in Thursday's complaint one of the suspects admitted to years of insider trading apparently overlapping with his time at a former job at SAC Capital, perhaps the nation's best-known hedge fund. Like, I'm the only swingingdick in America that understands you can't grow your asset base exponentially, and still return 40%.