No wonder the Fed is fighting against an audit... They don't want Americans to wake up and realize they've been robbed in broad daylight.
So keep worrying about manufactured "boogiemen" like North Korea, the Taliban and Iran while Wall Street, the Fed and that country we enjoy a special relationship with steals this country blind.
Goldman Sachs Loses Grip on Its Doomsday MachineGuess Wolfie Blitzer was so busy covering the Michael Jackson death scene that he didn't have any time in his daily THREE HOUR broadcast to mention this massive Wall Street con game, eh?
(Bloomberg) -- Never let it be said that the Justice Department can’t move quickly when it gets a hot tip about an alleged crime at a Wall Street bank. It does help, though, if the party doing the complaining is the bank itself, and not merely an aggrieved customer.
Another plus is if the bank tells the feds the security of the U.S. financial markets is at stake. This brings us to the strange tale of Goldman Sachs Group Inc. and Sergey Aleynikov.
Aleynikov, 39, is the former Goldman computer programmer who was arrested on theft charges July 3 as he stepped off a flight at Liberty International Airport in Newark, New Jersey. That was two days after Goldman told the government he had stolen its secret, rapid-fire, stock- and commodities-trading software in early June during his last week as a Goldman employee. Prosecutors say Aleynikov uploaded the program code to an unidentified Web site server in Germany.
It wasn’t just Goldman that faced imminent harm if Aleynikov were to be released, Assistant U.S. Attorney Joseph Facciponti told a federal magistrate judge at his July 4 bail hearing in New York. The 34-year-old prosecutor also dropped this bombshell: “The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways.”
All this leaves us to wonder: Did Goldman really tell the government its high-speed, high-volume, algorithmic-trading program can be used to manipulate markets in unfair ways, as Facciponti said? And shouldn’t Goldman’s bosses be worried this revelation may cause lots of people to start hypothesizing aloud about whether Goldman itself might misuse this program?
To the power that the ISA led Goldman Sachs bank has had over the US in allowing them to steal nearly the entire wealth of that Nation has been devastatingly detailed by the Rolling Stone Magazine News Service in their report titled “The Great American Bubble: How Goldman Sachs Has Engineered Every Major Market Manipulation Since The Great Depression”.
Most important to note in this report are the details describing how Goldman Sachs “Doomsday Programme” was “created” by Israeli Security Agency programmers workingunder the Chairman of the Israeli National Security Council, Dr. Uzi Arad, his wife, Dr. Ruth Arad, Vice President and Chief Risk Officer of Bank Leumi, and Jacob Ezra Merkin, who bought the Bank Leumi from the Israeli government headed by then Prime Minister Ariel Sharon and finance minister Ehud Olmert, who became Israel’s Prime Minister after Sharon but was forced to step down while under corruption charges allowing Netanyahu to steal the Premiership from Livni.
Now, what is really interesting in these reports is that Jacob Ezra Merkin allowed his longtime business partner Bernard Madoff the “personal use” of the “Doomsday Programme” which he then used to enrich himself, Dr. Arad and his wife, and Madoff to the tune of over $65 Billion they stole largely from the wealthiest Jewish Families in America, and who they knew would not testify against ISA agents in any US Court.