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$600-Trillion in pension derivatives missing

POSTED BY: PIRATENEWS
UPDATED: Thursday, October 16, 2008 16:40
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Thursday, October 16, 2008 3:10 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!



$5-Trillion down the drain, $595-Trillion to go

Quote:

Coming Soon: The 600 Trillion Derivatives Emergency Meeting

Here is an update on the size of the derivatives market with the latest official figures (.pdf) from the Bank for International Settlements (BIS). Hold your breath, as we are not anymore talking paltry billions but TRILLIONS of whichever fiat currency.

Current emergency meetings on banks and markets are still only in the stage where politicians and central bankers are bickering over how to create a few more hundred billions Euros and FRNs. But toxic MBS pale in comparison to the mushrooming growth of the derivatives market. According to figures released in the quarterly review of the BIS (pp A103) in September the total notional amount of outstanding derivatives in all categories rose 15% to a mindboggling $596 TRILLION as of December 2007.

www.seekingalpha.com/article/99674-coming-soon-the-600-trillion-deriva
tives-emergency-meeting?source=email

www.bis.org/publ/qtrpdf/r_qa0809.pdf#page=108


Reagan and Bush Sr de-criminalized derivative Ponzi schemes in the 1980s.
Quote:

Waste Management just reported a better-than-expected quarter, and pays 3.75% to its shareholders. Cramer said: "There are companies that you put your first bid on here, and then you let the hedge funds go wild and knock the stock market down, and then you buy them. This is literally the only strategy that is working in this market."
www.seekingalpha.com/article/100328-throw-money-at-it-cramer-s-stop-tr
ading-10-16-08?source=article_lb_articles


Waste Management WM Corp is the $40-billion/year Jewish mafia cartel for govt garbage contract fraud and cartheft rackets, with co-owner Browning Ferris Industries BFI and Allied Waste. Dozens of their employees were convicted under the RICO Act for membership in the Gambino and Genovese Mafias in NY City, that stole $1-million/year from the World Trade Center in a Mob Tax on garbage, as seen on A&E TV's Modern Mobs.

I sued them in a class action for stealing my cars in Knoxville TN, home of the registered owner of BFI/WM.
www.piratenews.org/newslinks.html

They own 40,000 garbage trucks and towtrucks. They routinely pay half-billion criminal fines for antitrust contract fraud.

Quote:

"I'd make a great terrorist."
-Mark Loizeaux, owner of CDI, BBC: The Third Tower, 2008



WM/BFI was paid a $3-Billion govt contract to "demolish" and destroy evidence at World Trade Center "after" 9/11/2001, with partner Controlled Demolitions Inc CDI, which bombed 7,000 govt buildings. The owners fo CDI are also from Knoxville TN.


NeoCon Jews bombed Wall Street in Operation Northwoods
www.september911surprise.com
www.piratenews.org/911con.html


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Thursday, October 16, 2008 4:40 PM

JAYNEZTOWN


very alarmist stuff and full of conspiracy from piratenews


I might expect a little positive trade on friday, some bank stocks might rise from the bailouts, commodities like copper could rebound, GM and IBM might be there for a buy

I'm worried about Monday reports from the US, Europe, Asia,
retail is rumored to be in the sh*t
it could set off another crash

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