Ramanisblog

Tag: New York Stock Exchange

  • Fraud That is Stock Market, How Naming Drives.

    I am one of the view that the stock market is a huge fraud and a form of legitimized gambling with the active connivance of the Governments.

    The stock market is played by a minuscule percentage in India, may be .001 % of the population.

    But th Government decides its policies on its performance.

    One would expect the economy in prosperity when the stock market is booming.

    But facts are other wise.

    When the stock market is down, the economy is cited as the reason for the poor performance.

    Prosperity of the share market is for the prosperity of the Rich.

    Having been in a Senior management position I know how the IPOs are rigged.

    You pay a percentage to the underwriters.

    They, who have funds at their disposal or contacts, including the Banks and Institutions, buy up the stocks, and inflate the price.

    Gullible Public laps it up and it drives by.

    Again the stock prices go up.

    The underwriters cash in on the boom and quit, depending on the new business they get.

    The promoters, depending on whether they want to run the business or run away either cash in on the boom or continue fixing up Institutions.

    This is only the tip of the iceberg.

    Now The New Yorker has published a report as to how stocks rise in prices.

    By a simple piece of clever naming!

     

    Story:

    Between the beginning of October and early November, the following eight companies were among more than twenty that began trading on the New York Stock Exchange: OCI Partners, Springleaf Holdings, Brixmor Property Group, Essent Group, 58.com, Mavenir Systems, Midcoast Energy Partners, and Twitter. They’re a diverse group of tech, energy, property, and finance companies, valued at their respective I.P.O.s between three hundred and sixty million dollars (Mavenir Systems) and $24.5 billion dollars (Twitter).

    By the end of their first day of trading, Midcoast, Springleaf, 58.com, and OCI had risen in value, whereas Essent, Brixmor, Mavenir, and Twitter had fallen. At first it’s hard to discern a difference between the early appreciators and the early depreciators. Many experts argue that it’s impossible to reliably forecast stock prices in the short run. In his classic 1973 guide to investing, “A Random Walk Down Wall Street,” the Princeton economist Burton Malkiel famously claimed that “a blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” Investors, Malkiel argued, were at the mercy of the markets, and though prices generally rise in the long run, it’s impossible to beat the market reliably and consistently. Malkiel’s book has sold more than a million copies…

    Short-term investing is certainly a gamble, but if you look back at the eight companies, you’ll find one subtle feature that distinguishes the climbers from the fallers: whether their ticker symbols are pronounceable according to the rules of English—that is, whether it’s possible to read them out loud as if they were words, without adding extra sounds. The pronounceable OCIP, MEP, LEAF, and WUBA (OCI, Midcoast, Springleaf, and 58.com, respectively) appreciated by between one percent and fifteen per cent, whereas the unpronounceable ESNT, BRX, MVNR, and TWTR (Essent, Brixmor, Mavenir, and Twitter) depreciated by between half a per cent and fourteen per cent. Eight stocks is a tiny sample by any standard, and stock prices are shaped by far more powerful forces—but the relationship between ticker pronounceability and early performance seems to hold with larger samples, too. (The trend holds if you include all twenty-three stocks that began trading between early October and early November: after twenty-four hours on the market, seventy-five per cent of the companies with pronounceable symbols appreciated, but only forty-seven per cent of those with unpronounceable tickers appreciated.)

    Several years ago, Daniel Oppenheimer and I examined the performance of nearly a thousand stocks that entered the New York Stock Exchange and American Exchange between 1990 and 2004. We separated stocks with pronounceable ticker symbols from those with unpronounceable symbols. Across both markets, stocks with pronounceable symbols enjoyed a bigger post-I.P.O. boost than their unpronounceable counterparts. The effect was strongest during the first few days of trading; over time, it weakened, but never quite vanished.

    http://www.newyorker.com/online/blogs/currency/2013/11/the-secret-science-of-stock-symbols.html?utm_source=tny&utm_campaign=generalsocial&utm_medium=facebook

     

  • The Illuminati’s Secret 20 Trillion Dollar Bank .

    Is this for Real?

    There is a busy little private company you probably never have heard about, but which you should. Its name is the Depository Trust & Clearing Corporation. See their . Looks pretty boring. Some kind of financial service thing, with a positive slogan and out there to make a little business. You can even get . Now, go and take a look at their . Starts with a nice little Flash presentation and has a nice message from the CEO. And take a look at the numbers. It turns out that this company holds 23 trillion dollars in assets, and had 917 trillion dollars worth of transactions in 2002 alone. That’s trillions, as in thousands of thousands of millions. 23,000,000,000,000 dollars in assets.

    As it so turns out, it is not because DTCC has a nice website and says good things about saving their customers money that they are trusted with that kind of resources. Rather it is because they seem to have a monopoly on what they do. In brief, they process the vast majority of all stock transactions in the United States as well as for many other countries. And – and that’s the real interesting part – 99% of all stocks in the U.S. appear to be legally owned by them.

    And why is this mega-monopolizer so hidden from public scrutiny? It turns out it’s part of the Federal Reserve Bank. Big surprise. These same owners and players mandated that all transactions have to go through their subsidiary. And not just go through it for all the profits and asset holding interest the transaction will bring, but they are given ownership of everyone’s assets in the process!

    In the old days, when you owned stocks you would have the stock certificates lying in your safe. And if you needed to trade them, you needed to get them shipped off to a broker. Nowadays that would be considered very cumbersome, and it would be impractical to invest via computer or over the phone. So the shortcut was invented that the broker would hold your stocks instead of you. And in order for him to legally be able to trade them for you, the stocks were placed under their “street name”. I.e. they’re in the name of the brokerage, but they’re just holding them in trust and trading them for you. And you’re in reality the beneficiary rather than the owner.

    Which is all fine and dandy if everything goes right. Now, it appears the rules were then changed so the brokers are not allowed any longer to put the stocks in their own name. Instead, what they typically do is to put the stocks into the name of “Cede and Company” or “Cede & Co” or some such variation. And the broker might tell you that it is just a fictitious name, and will explain why it is really more practical to do that than to put it in your name.

    The problem with that is that it appears that Cede isn’t just some dummy name, but an actual corporation that DTCC controls. And, well, if you ask anybody about this, who actually knows about it, they will naturally tell you that it is all a formality. To serve you better, of course. And, well, maybe it is. DTCC seems like a nice and friendly company. It is a private company, owned by the same people (major U.S. banks) who own the Federal Reserve Bank. And if they all stick to their job, and just keep the money and your stocks flowing smoothly, I’m sure that is all well and good. But if somebody at some point should decide otherwise, and there’s a national U.S. emergency and/or the U.S. government becomes unable to pay its debts, well, they might just not give you your stocks back. Because legally they own them. Something to think about. (source)

    Sound impossible?

    Here’s an explanation from another researcher:

    The reason the public doesn’t know about DTC is that they’re a privately owned depository bank for institutional and brokerage firms only. They process all of their book entry settlement transactions. Jim McNeff (Director of Training for the DTC at the time) said “There’s no need for the public to know about us… it’s required by the Federal Reserve that DTC handle all transactions”.

    The Federal Reserve Corporation, a/k/a The Federal Reserve System, is also a private company and is not an agency or department of our federal government. The Federal Reserve Board of Governors is listed, but they are not the owners. The Federal Reserve Board, headed by Mr. Alan Greenspan [now Bernanke], is nothing more than a liaison advisory panel between the owners and the Federal Government. The FED, as they are more commonly called, mandates that the DTC process every securities transaction in the US.

    How convenient. Talk about inside job.


    It’s no wonder that the DTC (including the Participants Trust Company, now the Mortgage-Backed Securities Division of the DTC) is owned by the same stockholders as the Federal Reserve System. In other words, the Depository Trust Company is really just a ‘front’ or a division of the Federal Reserve System.

    “DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange’s members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a unit of the Federal Reserve.” -New York Stock Exchange, Inc. (source–original link blocked)

    http://www.projectworldawareness.com/2011/02/the-illuminatis-secret-20-trillion-dollar-bank/

    Related:

    Of all the scams, the worldwide banking system is one of the most mind-boggling. Never mind the entire false premise of fiat money and the debt system, that vast amounts of this illusory “currency” get shifted every micro-second just begs deceit and piracy.

    Trouble is, if you “buy into it” you’re already ensnared, and it’s either eat, or be eaten. That’s their design.

    Ownership by Whom?

    The estimated value of the Rothschild family‘s total holdings is at 500 Trillion dollars. So what. The entire planet is supposedly “owned” by a very small percentage of people. So?

    Can anyone “own” anything? Ownership is a temporary power trip for the unenlightened–everything always gets passed on. Like the temporary unit we all live in called our body, it’s an illusion that anyone can “live forever” physically never mind truly “possess” anything if we look at things truthfully.

    However…

    That would be fine if it was just a matter of perception. Trouble is, these ultra-possessive creeps called the global elite or Illuminati impose their system of temporal power beliefs on the rest of us. Either we play the game their way, or we’re locked out of the playground and cut off from supplies by their hired thugs.

    It’s a beautiful planet with lots of beautiful people, but the world “system” is very ugly and run by non-empathetic psychopaths.

    http://nwoandsecretsocieties.wordpress.com/2011/02/10/the-illuminatis-secret-20-trillion-dollar-bank/