Fraud* According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain *As defined in Wikipedia
Even an octopus runs out of tentacles...not Goldman...........
Monday, May 2, 2011 Pure Criminality Third, some big off-Comex futures brokers raised their in-house margin requirements for silver to double or more than double the required margin at the Comex. The most prominent firm, and one of the world's largest commodity brokers, is MF Global. MF Global jacked its margins on Friday to a little over $25k. MF Global happens to be run by ex-Goldman CEO Jon Corzine. Hmmm, anyone think there is any connection between Corzine and the big firms who control the Comex? How about between Corzine and the CFTC chairman who is also an ex-Goldmanite? Another very large futures broker, thinkorswim - which happens to be owned by Ameritrade - raised its margin on silver to over $30k. Anyone besides me understand that Ameritrade caters to small, individual speculators who were likely forced to sell to cover this margin hike?
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Even an octopus runs out of tentacles...not Goldman...........
Monday, May 2, 2011
Pure Criminality
Third, some big off-Comex futures brokers raised their in-house margin requirements for silver to double or more than double the required margin at the Comex. The most prominent firm, and one of the world's largest commodity brokers, is MF Global. MF Global jacked its margins on Friday to a little over $25k. MF Global happens to be run by ex-Goldman CEO Jon Corzine. Hmmm, anyone think there is any connection between Corzine and the big firms who control the Comex? How about between Corzine and the CFTC chairman who is also an ex-Goldmanite? Another very large futures broker, thinkorswim - which happens to be owned by Ameritrade - raised its margin on silver to over $30k. Anyone besides me understand that Ameritrade caters to small, individual speculators who were likely forced to sell to cover this margin hike?
http://truthingold.blogspot.com/2011/05/pure-criminality.html
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