Note to the Vanishing Middle Class: Hang on to your cash for the coming crash.No one knows for certain if the market will continue spiraling upwards or return to Mother Earth. But there are certainly ominous signs.1) A high profile stock market guru recommended an over-the-counter (pink sheet) stock for his best pick of 2011 - With all the blue chips and NASDAQ winners to … [Read more...]
Wall Street vs Main Street: Greatest Wealth Heist in US History
The stock market was on an upward trajectory from the end of August through mid-October 2010, with nary a breather.In good times, the rocket ascent might have raised a few eyebrows. In bad economic times - and in advance of the November elections - it's downright suspicious.Show Date: October 14, 2010.The market may have hit a high point on October 13, 2010 - only time will … [Read more...]
Goldman Sachs: Betting Against American Taxpayers
Goldman Sachs & the ten billion dollar TARP bailout.Was Goldman in serious financial trouble from the housing crisis? Was Goldman in danger of going bankrupt? Could Goldman have failed without bailout support?Show Date: April 29, 2010By mid-2007, Goldman Sachs realizes that the housing market is heading south and bets against it. They lose over a billion dollars, yet … [Read more...]
Madoff Victim Law School Dean on SEC Negligence – Failure to Investigate
Dr. Starr interviews Bernie Madoff victim Lawrence Velvel on SEC neglect and failure to investigate. Mr. Velvel is Dean of the Massachusetts School of Law at Andover.Show Date: April 22, 2009Dean Velvel contends the Securities and Exchange Commission (SEC) was “willfully, horribly negligent” in failing to monitor Madoff's operation.The federal judge overseeing the criminal case … [Read more...]
Goldman Sachs Bailout Winner Dominates Banking Landscape
Under the policy enacted by former U.S. Treasury Secretary Henry Paulson, Goldman's chief executive until 2006, key competitors have failed or been diminished. Goldman is now poised to dominate the investment banking landscape. The following article by David Weidner appeared on MarketWatch.com on April 7, 2009 in Weidner's "Writing on the Wall" Column. Due to the importance of this piece, we are … [Read more...]
Stock Fraud: How to Get A Portion of Your Money Back
Shareholder RightsWhat are your shareholders rights when a stock you own drops like a rock, the company goes broke or shareholders are victims of massive stock market fraud/stock broker fraud? How can shareholders reclaim invested funds and how much can can they expect to get back?How can a stock fraud attorney help? How do you find the right stock fraud lawyer? Why would a defrauded … [Read more...]
Stock Market Terms for Trying Times
Redefining the stock market with laugh 'til you cry - or stop crying - definitions. BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry and the husband gets no new electronic toys.BROKER -- What my broker has made me.BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.CASH FLOW -- The movement … [Read more...]
Protecting Shareholder Rights Through Civil Litigation
Shocking details of a shareholder scandal that included hookers, extramarital affairs and the purchase of expensive jewelry with corporate funds. Attorney Jason Leviton helped secure a major shareholder rights victory in the Xybernaut case.The majority of Americans believe that the Securities & Exchange Commission (SEC) protects shareholder rights by prosecuting companies that violate … [Read more...]