After sockin' it to SocGen, it seems he has become quite the bonhomme among socialists:
http://www.jeromekerviel.com/lestory.html or should I say "anti-capitalists". Terry On Jan 28, 2008 6:26 PM, Jones Beene <[EMAIL PROTECTED]> wrote: > Lawrence, > > What you say is quite true. > > If one is Sunni, then the USA is the terrorist. It is easy to get > carried away, and to waver out of precise focus on the details and > semantics of this situation. > > That is, we must accept that 'guilt by association' is wrong, wrong, > wrong ... and should never be tolerated. We cannot let ourselves > associate terrorism and Islam as the general rule. In many of their > eyes, we are the international terrorists. > > However, even though most Muslims are peace-loving, decent people, there > is a most vocal and politically active segment, which vehemently hates > the USA, Israel, and the West, and - let's also admit to this - they > hate us for very good reason! > > We are the originators of this huge mess - no doubt about that. > > Even so, and even if our own recent actions were wrong, and historically > going back in time 800 years: terribly wrong, and even if most of the > injustice starts with us, we cannot simply overlook the backlash, nor > fail to be prepared for the current degree of justifiable hatred coming > from that part of the world, just because we generated the initial problems. > > There is no good solution to this problem. > > Worst of all -- We created the problem to start with, aggravated it with > support for the State of Israel, and probably deserve some degree of > punishment for that; but will never allow compensation or even an > admission of guilt. Consequently the best that we can hope to do is to > back-away from this region altogether, let Israel go her own way, turn > our foreign policy into limited isolationisms for this region, and be > vigilant. > > Most of all... let's not make the situation any worse than it already is > (by bombing Iran); and yet to keep our own military from over-reacting > as they WILL DO, we need to avoid the kind of massive payback, economic > or otherwise, WHICH WE DESERVE. > > Did I mention: there is no good solution to this problem !?! > > Jones > > > > > Lawrence de Bivort wrote: > > It would be quite a mistake to assume that terrorists are likely to be > > Muslim, or that Muslims are likely to be terrorists. > > It is true that this is what many Americans believe, and that they > have been > > urged on in this misimpression by some who wish Muslims poorly, so > let us be > > doubly vigilant to avoid these cognitive traps. > > > > The Internet is a purveyor of much information -- and much misinformation > > and disinformation. > > Cheers, > > Lawrence > > > > > > > > -----Original Message----- > > From: Jones Beene [mailto:[EMAIL PROTECTED] Sent: Monday, January > 28, 2008 5:32 PM > > To: vortex-l@eskimo.com > > Subject: [Vo]:OT: Financial Terrorism? > > > > Apparently, even though the "Bin Laden" option trades went flat 6 > months ago, that huge (paper) loss did not deter a planned second-chance > effort to recoup the initial loss, and create havoc in the Western > economies. > > > > From a Blogger: > > http://11amdesign.com/wordpress/?p=285 > > > > "The Federal Reserve's biggest emergency interest rate cut in more > than two decades is sparking debate as to why they slashed interest > rates... the first cut between regularly scheduled meetings since > September 2001." > > > > Possible Rationale (still trying to verify the details below): > > > > Well, following hot on the footsteps of the SocGen announcement is > the newly discovered warning -- from other sources than SocGen -- that a > massive level of put option contracts had been placed recently. This > time it was done differently than last Fall, so as to avoid early > detection, as happened 6 months ago. > > > > These options are betting that the US stock markets will crash by > March 21st. Reportedly, these are not NYSE but instead NASDAQ-100 index > options placed through (QQQQ) contracts. However, crashing the smaller > exchange would likely have a domino effect on the NYSE. > > > > This seems to be, for all purposes, somewhat of a renewed > continuation of the so-called 'Bin Laden' trades of last Fall. Iran may > be involved this time. There are SocGen links to Iran. > > > > However, apparently the Fed/SEC is wise to this scheme, and will step > in again if necessary. (we hope) > > > > This is being called attempted "financial terrorism". > > > > How they got a well-known bank involved in the first place, is > anyone's guess. It will be interesting to find out if Kerviel has Arab > (or Iranian) contacts, or has recently converted to Islam. > > > > Currently, the March (out of the money) put contacts (100 shares > each) is 645,250 and outweigh the March (in the money) call contacts by > 559,343 contacts, well over half a million contract or 56 billion shares > worth ... signaling a huge imbalance, which was estimated to be able to > crash the NASDAQ market by 30% to 40% from it current level, unless a > deep-pocket rescue effort steps-in fist. How many of these came through > SocGen is not known. > > > > This may very well represent (possibly) part of an expected profit > that the Kerviel conspiracy would have reaped, had not they not been > caught ahead of time. The havoc that followed would be difficult to > estimate. > > > > This story is far from over, and until March 21 when these put > options expire, the economies of the USA and Europe are still at great risk. > > > > The good news is that if the US SEC decides to meet the risk head-on, > that kind of intervention will finally bankrupt the Bin Laden family > empire, and that of participating Arab enemies, who must have been > partners in this kind of massively coordinated financial terrorism. > > > > Jones > > > > > >
