AVA : Investment Analytics

Continuing from Part 1,

I basically handed the ingredients for a Pulitzer to a few reporters from the New York Times and LA Times, but they were too ignorant and arrogant to recognize the full value of my donation. Alternatively, perhaps they were told not to pursue things by their superiors due to the ramifications to the banking cartel and the SEC. Either way, the truth was hidden from you.

Let me elaborate a bit. You see, last year, I sent these journalists my 30-page formal report to the SEC which showed clear insider trading in WaMu. As well, I discussed how the banking cartel took WaMu down illegally (and possibly conspired) via naked short sales, knowing that one of the members of this cartel would be able to buy up their assets at pennies on the dollar. I also discussed the role of former SEC Chairman Chris Cox in facilitating this.

Finally, I discussed the role of Shelia Bair and the FDIC in seizing WaMu, despite official statements that the OTS (Office of Thrift Supervision) seized the bank. Perhaps this will eventually surface down the road.

As you will recall, I was the first person in the world (as far as I know) to report on the forced bailout (disguised as a buyout) of Merrill Lynch by Bank of America. My article “Bailouts Disguised as Buyouts” was released within days of the September deal announcement. Thereafter, I did not see or hear anyone mention the possibilities I raised. Recently we have seen this was spot on.

Prior to my attempts to get the truth out, I had discussed the details of the WaMu seizure with a reporter from a very large and prominent newswire service. He informed me that prior to the official announcement, he was told by a WaMu executive that the seizure was "politically motivated." This made perfect sense to me because I could find no evidence of insolvency.

Remember, the OTS had stated just a few days prior to the seizure of WaMu that after their in-depth review, the thrift had no need to raise further capital at least throughout 2008. In large part this was due to the $7 billion loan made by Texas Pacific Group in the spring.

Yet, after deposit withdraws of only $16.7 billion (out of total deposits of over $200 billion) within a two-week span, this was the official reason provided by the OTS for WaMu’s alleged insolvency.

If in fact WaMu somehow became insolvent in such a short time after the public announcement of the official assessments by the OTC, someone from the OTS should face criminal charges due to incompetence for misleading shareholders.

But I knew there was much more to this. I knew it was even larger than the Bear Stearns heist. So I wrote up a brief summary of my findings in a complaint to the SEC which included what I believed to be clear signs of massive insider trading.

A few months later when I attempted to spill the beans, I emailed the SEC complaint to three reporters; reporters from the NY Times and Washington Post who I thought could be trusted to deliver the truth because they had exposed some mortgage fraud by WaMu. Boy was I wrong.

One reporter wrote it off as a “half-baked conspiracy.” He even made mention of the lack of credibility regarding the tip I received from journalist who was told the seizure was politically motivated, without bothering or caring to verify it.

I told him I had the name and contact number of the reporter, but for some strange reason, he wasn’t interested. As you might imagine, this reaction, which I deemed to be unprofessional, unappreciative and disrespectful, was dealt with appropriately. I basically put him in his place as you might imagine.

When a reporter is telling a Wall Street insider and leading financial expert that his market insights are rubbish, especially without even bothering to investigate them, it implies one of two things.

He is either a complete idiot………… or

He wants to stay away from something potentially disastrous to his career.

My guess is that it was a combination of both.

It was then that I realized that journalists would only be willing to go after obvious fraud that everyone knew about; like mortgage fraud. They aren’t willing to uncover massive fraud that would have drastic ramifications for the biggest banks in America.

I’m a bit anxious to publish the emails from this, as well as the others I’ve collected over the past three years. If people only knew what I’ve been through…

They have no idea. It’s enough to make a blockbuster movie, from visits by federal agents to denials and panic attacks from banking regulators.

Upon receiving a call from a couple of SEC attorneys who had been assigned to investigate WaMu fraud, they wanted to know more about the details of my allegations. After explaining things, I requested to see the short interest data for WaMu in the months prior to the collapse.

Sensing these SEC officials lacked the expertise (or motivation) required to prove my case, I wanted to prove that JPMorgan committed securities fraud and benefited from this by its taxpayer-funded purchase of WaMu (which would also imply taxpayer fraud). But the attorneys refused to hand it over. Go figure.

Why would the SEC impede the efforts of the only person in the world to have spotted these fraudulent activities? Why would they refuse the assistance of a Wall Street insider, and arguably the leading expert in this mess to boot?

At the very least, in my professional opinion, there is no dispute of insider trading with WM. It was perhaps the most blatant case I have seen during my career. By now, it should be clear to everyone that the SEC is just as guilty of criminal activities as the credit rating agencies and banking executives. And yet, none of them have faced any criminal charges.

Finally, after contacting the OTS and FDIC to get some answers regarding the seizure of WM, they kept deflecting my questions and passing the buck to others. Most notably, they were most interested in finding out who I was and whether I had a website. This seemed very strange to me.

Once I told them who I was and my intentions to expose their role in this huge cover-up, the FDIC (as I later found out) made a call to federal agents to pay me a visit. And that they did. Soon after, I found myself in an interrogation room. I will leave the full details of this story for another time.

For anyone who doubts anything I say, I have evidence to back it up; including the statements made by the reporter, as well as the business card of the principal federal agent. The only thing I lack is the short data for WaMu to prove massive fraud. If I had access to short interest data from 2007 to 2008, I am willing to stake my reputation that I could prove the banking cartel acted illegally to cause the destruction of several banks.

As for the insider trading, the SEC can easily confirm this by checking data. Yet, since submission of my formal complaint in October 2008, there have been no announcements of any kind related to insider trading with WaMu. And I don’t ever expect there to be because I understand how the SEC works.

The SEC wants to stay away from anything related to WaMu securities fraud since they are partly responsible. Instead, they will distract investors by going after much smaller mortgage fraud cases.

After all, the initial naked short ban list in July 2008 left out the three financial firms in most danger of collapse at the time – Washington Mutual (WM), Wachovia (WB), and E-Trade Financial (ETFC).

Excluding Fannie and Freddie, the remaining firms on this list had a short interest ratio of between 1 to 3%, which is standard for most securities. In even under bullish market conditions, most stocks typically have from 1 to 3% short interest for a variety of reasons. In contrast, WM, WB and ETFC had short interest ratios ranging from 15 to 25% and had early signs of financial problems. Short interest ratios this high indicate a strong bearish sentiment, as this range represents a large number of shorts relative to the float.

Furthermore, these firms were in no where near the financial trouble (at that stage) as were WM, WB and ETFC, in part due to the fact that they had not yet been shorted.

I’ll go ahead and make another assertion which I am willing to stake my reputation on; SEC Chairman Christopher Cox basically signed off on this list after having it handed to him by then Treasury Secretary Paulson.

You won’t hear any of the “experts” or pundits discuss the real issues like the one I have described; the issues that need to be addressed, because they don’t want to upset the media. All they care about is staying within the proper boundaries as set forth by producers so they will be invited to return back on the show so they can market themselves.

All they care about is marketing themselves so they can make millions when they release their next useless book or try to get you to invest with them. They are pure sell-outs and they’re fooling you. They are deceiving and even lying to the people in exchange for money via increased business.

And since the media is controlled by a few individuals, you can imagine how closely aligned they are with the executives of the banking cartel - Goldman Sachs, Citigroup, Bank of America, and JP Morgan, as well as the Federal Reserve and Washington.

Most of these “experts” have no clue what’s going on or what to expect so they become marketing machines because all they care about is making money. They make money selling you an empty bill of goods.

As we all know, even most “experts” have been clueless about the economy and stock market as their track records indicate. But they don’t need to be right because most viewers have very short memories. These marketing experts make money either way while you lose. It’s all one huge marketing gimmick designed to make them rich at your expense.

Once again, it’s all about protecting the financial and political agendas of the media’s sponsors. After all, these journalists certainly don’t want to lose their jobs. And their hand-picked “experts” only care to market themselves so they can make money. So they’ll stay away from the real issues because they want to get invited back on TV again. And now the results are showing, as America’s media machine gets chopped up further each day.

As the balance sheets of the biggest media organizations continue to implode, many of today’s journalists will soon find themselves working for blogs instead of writing for the New York Times, Reuters, etc. Others will beg for ghost-writer slots at publishing companies; you know, the guys who write books for Obama, Soros and others.

That’s right. The fact is most books written by so-called “big names” are almost always ghost-written. And these books are almost always useless (the non-fiction business and investment books that is) because they’re written for the masses, and therefore offer no real value.

Whatever they decide to do, thousands of journalists won’t be working for America’s propaganda machine in the near future because it is self-destructing by the day.

Now, I don’t want you to get the impression that the Internet is packed with nothing but valuable content, because that certainly isn’t the case. In fact, by shear volume, there’s even more trash online than in the traditional media.

Similar to the situation found within print and broadcast media, there’s also a substantial amount of censorship going on across the Internet. I know this for a fact because I’ve been censored over and over and banned by numerous websites. Below are a few examples:

Financial Sense - Banned. They are very Jew-centric. If you are a clown you will be positioned as an expert as long as you are Jewish. I advise you to stay clear of these clowns.

Seeking Alpha - censored sometimes.

Greenfaucet.com - censored. These guys are complete sell-outs to CNBC.

I advise you to stay clear of these clowns.

Kitco.com - censored

Write this rule down and live by it. When you keep seeing the same guys over and over flooding the Internet, print and broadcast media, this is your signal to run like Hell. Those who have the most media exposure are those most dangerous to you. If you remember how the media works, this should make perfect sense. If you cannot see this, you have no hope.

Even Google removed me from Adsense because I “threatened to harm its sponsors.”

How? By speaking the truth?

So in other words, if want to lie and screw investors, all you need to do is buy Google Ads and no websites will able to criticize you because Google will protect you. Wow. In the process, since many people rely on ad revenues for the costs of operating their blogs or websites, they might be forced to avoid speaking about certain topics or holding their tongue when it comes to the many crooks Google Ads does business with. Amazing.

You should note that this is precisely how the print and broadcast media works as well. That is specifically why I have been black-balled. If people knew the truth about mutual funds, Wall Street, etc. that I continue to uncover, the media would stand to lose ad revenues.

The main advantage of the Internet is that you have variety. You have different viewpoints. You have many choices. And somewhere within this mesh of cyber news and views, you can find the truth. You can find valuable content. But you need good judgment. Ultimately, it’s up to you to decipher the trash from the valuable content. If you’re unable to do that, you don’t stand a chance.

The choice is yours. It’s up to you and your ability to judge what is valuable and what is not. If you take what you read, hear and see from the media - broadcast, print and Internet - at face value, you will be fooled. Only by questioning what they say and spending time to get the full picture will you have a chance at finding the truth.

Big media won’t go away. And the variety provided by the Internet is going to shrink as the media monopoly takes over. This is already beginning. The websites that draw the biggest viewers get bought out or establish partnerships with the media giants. This is very dangerous, as it threatens to destroy the last source of unbiased, truthful journalism.

When you seek out information and news online, you had better first investigate any partnerships the site has. You might be very surprised. For instance, many view the Slate as a credible source of online news and commentary. However, the fact is the Slate is owned by the Washington Post. Need I say more? Apparently, the Post realizes people have become sickened by their agenda-filled, often useless content. So they are “re-branding” their content hiding under a different name.

Have a look at Minyanville, Seeking Alpha, etc. They have partnerships or other types of associations with CNBC, FBN and other media networks.

It’s a game the media plays. And they are taking you for one big ride, while laughing all the way to the bank, along with their Wall Street friends. America’s tightly controlled media industry engages in a very dangerous form of censorship because they only give you what they want you to hear, leaving you with no alternative viewpoints. And if you don’t know enough about something, it’s impossible to know that you’re not being provided with the full picture.

In the end, you don’t even realize censorship is taking place unless you know what to look for. When these tactics are applied by the financial media, it results in stock manipulation, cover-ups, and lies because they put out their own slant, whether by interviewing guys they claim are experts or analysts and fund managers with clear agendas. And they make sure to position their friends as experts because they know where their loyalty lies.

As the facts demonstrate, if you were to truly examine these so-called “experts” – their track record, agendas and other characteristics, you will see that 99% of the time, they are everything but experts.

In conclusion, if you watch TV with a blind eye, you will remain a sheep. If you read financial publications with a blind eye, you will remain a sheep. And sheep ALWAYS get slaughtered.

Your best move is to stop watching and stop reading. Together, we can bankrupt these crooks simply by turning off the tube and staying away from mainstream print media.

The best thing you can do to help combat the media’s control is to spread the word about me because I am the only real expert I know of who stands for the people. But I’ve been completely black-balled by the entire media industry because they fear how the truth will affect their financial sponsors’ bank accounts.

If enough people find out about me and how I continue to expose the liars, crooks, frauds and scams, while dispelling myths about investments, mutual funds, etc., the media and all of its hacks will be forced to answer to me. You can make it happen.

NOTE: I continue to face widespread censorship for the cold hard truth I speak, as I see it. My intention is to wake the people up so they will realize just how useless and deceitful the mainstream media is. I ask that you do your part to help with this mission by emailing my articles to your friends and adding the articles to the various online syndication options provided at the top right-hand side of each article. Together, we can make a difference.

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