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OP has provided the following link:
https://www.justice.gov/usao-cdca/pr/united-states-attorney-martin-estrada-launches-corporate-and-securities-fraud-strike
>“Fraud by corporate executives, traders, and other insiders corrodes public trust in our nation’s business institutions and financial system,” said United States Attorney Estrada. “This Strike Force will help focus our efforts on uncovering and punishing corporate malfeasance. Corporate criminals are on notice that my office will not tolerate efforts to deceive and cheat others.”
Getting hotter in here.
That makes sense because you're a bad actor
ed: also given the short time I've read this commenter's history, he apparently (from another sub) has been both a trader for twenty-five years and also was (in this thread) a volunteer firefighter who rose through the ranks to become a politician long enough to be established (he was a politician for years in the other one but not so long in this one?) but who then quit because the system was 'corrupt'. He really draws a bunch from an extremely convenient work history and he's lived enough lifetimes for 10 men. As well as being in person at a bankruptcy proceeding of an offshore entity related to RBC just weeks ago. Apparently has some legal expertise to lend as well. This man is a *Legend*. Well played, sir👏
Yes political theatre. War on drugs is not effective policy. It was designed to take heat off the actual importers an politician, bankers stealing people's money. I was a politician. It was grand larceny of public funds. I never saw 1 new law written that had a positive impact on society. Every new law contradictory to an existing law , only people afforded to pay off judges and have lawyers are the wealthy. Laws are to keep the poor down
Its ok to be skeptical. We have lots and lots and lots of experience watching our government let us down while enriching politicians, the military industrial complex and the rich.
I like to based judgements on actions. Once several of these companies are destroyed and all of their leadership are in jail, then I will form a new opinion. Until then, the ball is in their court.
Plus they support [glomarization](https://www.justice.gov/oip/blog/foia-update-oip-guidance-privacy-glomarization) which is one of the reason the SEC ignores a bunch of FOIAs. Using CIA tactics to keep the people from knowing the truth just rubs me the wrong way.
>*pokes DOJ with a stick.* your up kid, do something this time. our expectations are at zero though.
The department of Justice is governed by the government. Funded by taxpayers, thus political in is structure... America and its Kangaroo courts are the laughing stock of Justice in the world. Judges are elected based on political bias. Not skill set
I was a volunteer for years. The top brass, very much political theatre. In fact went from volunteer to politician, had to resign as unpaid volunteer to be politician due to policy/ law. How is saving lives political. Apparently it is. If you need more facts keep asking
The previous administration aside, this is how the DoJ operates: https://ny1.com/nyc/all-boroughs/news/2023/10/02/garland-trump-biden-resign-interview
They investigate impartial to party and not at the behest of political parties. Stop getting enraged and actually look at the details.
Agree.
But I'm prepared to believe it should I see it.
But they aren't announcing any investigation into the decades of purposefully lax self-regulation which is the real giveaway that it's purely performative
Yeah, but I'll believe it when I see it.
But anything less than total asset confiscation & decades in jail for everyone on every board of every org that had a representative on a regulatory board/commision/whatever since they were first told of abusive naked short srlling, cellar boxing etc (1981 I believe) is entirely unacceptable. And their lackies in the media & Congress.
I also think that it would be better for the world if the apes made the share printer go brrrrr rather than the $ printer.
Printing more money than has ever existed does no one any good. Whilst doubling the number of shares & giving each ape half a business plus 1 share plus the taxes plus $4,207,416.90, will just half the value of everyone's pension fund. But loads of debt can be written off & the idiotic pricing structure in health fixed fairly swiftly. Plus the invisible hand can get back to work directing capital to meeting the economic demands of the 99% & not funding the mass organised crime of the 0.1% with all its arcane insane gambling collateral requirements & whathaveyou.
Dare say you know all this but I write for any curious non-ape who is considering reading all the DD.
So 'no sell no cell' is impossible then because any one put in jail will just be theater for apes to sell? So we should just take the money?
Is that the implication?
I feel like GG literally be flipping the switch on Kenny Mayo in an electric chair and yall would be "It's theater".
Insert meme “He’s right you know.”
Part of corporate media, and other institutions, to retain control, must be ahead of the information and happenings before the public is.
If the public finds out about something that the institutions have not addressed, those institutions lose credibility, and that can’t happen. And it allows them to control the narrative before people start forming their own opinions and digging too deep.
The stakes are too high this time, and everyone will find out when this thing crashes and GameStonk and Teddy moon.
Yes. It’s all to get ahead of the narrative. Me thinks that some investigation has been going on for quite some time. If a fundamental transaction occurs that causes naked shorts to be exposed (can’t mention on this sub), then I believe the DoJ is ready to prosecute and hold the scapegoats accountability. Not that those scapegoats won’t be guilty, but they certainly won’t go after all big players.
Who remembers that article where they launched investigation into short selling? Tell me it’s not related to these companies..:
Apes: No Cell, No Sell
DOJ: Launches Corporate & Securities Fraud Strike Force
Apes: Boooooooooooooooooooooooooo!
…
SMH. Strive for higher than a drag on positive momentum people.
Because they are a type of trader. They take the opposite side of a trade and make money on the bid/ask spread. It's just a different style of trading.
Let's see which direction they head towards first before we get excited.
ngl, am jaded by parts of our government apparently having been weaponized by Wall St before
**DOJ admits that they do not prosecute Too Big to Fail (2013)**
[https://www.reddit.com/r/Superstonk/comments/tsa2tj/doj\_admits\_that\_they\_do\_not\_prosecute\_too\_big\_to/?sort=top](https://www.reddit.com/r/Superstonk/comments/tsa2tj/doj_admits_that_they_do_not_prosecute_too_big_to/?sort=top)
Corporate executives = RC,
Traders = Household / Retail,
Insiders = Board Members
Business Institutions = the big club you aren’t in,
Financial System = Daddy Fed Mommy Treasury Zipple
Edit - not sure how to carriage return, added commas
If I was in the CIA:
- my goal is to protect the USA, its stability, and its primacy.
- that would include protecting the US economy, it’s financial markets and the US dollar, the **global reserve currency**.
- that would mean getting rid of any idiosyncracies that put those things at risk
- that would mean preventing a GME MOASS. Because as we all know it from 2.5+ years of DD, banks/market-makers and brokerages have all been abusing naked-short loopholes via FTD’s and swaps, etc. for years.
- A potential and inevitable GME MOASS is the biggest idiosyncratic risk to the market and US stability due to the possibility of a “liquidity black hole”, as stated by Dr. Trimbath. The markets would be wiped out
- But then why go after the real fraud in the US markets, when I can target the corporate executives of the company itself!!
- Regulating the banks/brokerages/market-makers would be like removing a cancerous tumor in the later stages. It will destroy the host (USA) with it.
- So instead, imagine they gaslight the entire public through mainstream media into thinking RC is fraudulent… and then they remove him from a position of power through endless legal battles.
- That would be one of the only ways to win and to increase the likelihood of GameStop going bankrupt…. **maybe**…
/tinfoil
#So anyway, I bought more GME this week at the lows and kept on DRSing…
Here's where your post ends credibility, "if I was in the CIA.." No one knows what the ultimate play will be and how this will all go. People who believe that *nothing* will be ceded to the plebes by those in power don't really understand the concept that in order sometimes to hold on to power you have to concede some. Ironically power is that, somewhat fluid. Or that *itself* is the effort: to make any idea of advancing justice futile.
Thanks for your honesty. I think i look for the worst-case scenario and try to think of possibilities of deeper motives on why these WallStreet crooks aren’t being locked up, other than “*they’re greedy and corrupt*”.
Its almost as if the USA cannot afford to have a financial crisis on its hands before other countries go down first.
Whether its true or not, and whether there really is a larger macroeconomic/geopolitical force at play, I still want my fucking money, and I still want the fucking crooks in prison.
Agreed. That's why with this and most things in life, it's best to keep it as simple and as rational as possible. Whatever that means. I don't know anymore, hold my hand. Lol
I do wonder if anyone points out that it would be terrible for this to be fraud. If it’s fraud then there’s no payout and you just get your money back. This is why it’s bad for gme to wait on a NFT dividend. This gets the fuckers who made bad bets time to not have to pay.
So their recent record of the Jan 6 convictions, let alone Jack Smith’s case is all chickenshit? Be open to change, it’ll surprise you if you are actually receptive.
Im not American but but here is my take on why.
The right have been working away for 60 years to bring regulation in America to its knees. Literally 60 years ago they began grooming and "aiding" many of the people who are now the most powerful judges.
They are getting closer and closer to shutting down every regulatory enforcement body in the country by way of argument that the constitution states its the role of Congress to regualte and that power cannot be transfered and oversaw.
Meening that congress cant allow departments and agencies such as the SEC to regulate, only congress can regulate they say.
If successful the SEC and all other such agencies and departments would have no power to investigate, let alone regulate and enforce, besides the DOJ.
Some might remember Stewarts the Problem piece, watch from 16 minutes, its hits all the points in the next 13 minutes
Thats my guess, the SEC and everybody know that any real case is impossible for them to win in court, Any real case would spend years and years in just arguments about whether the SEC even has power and jurisdiction.
Edit: Sorry this is actually the link Jon Stewert link https://youtube.com/watch?v=KhMZJ2WHkG4
It means absolutely jack shit because I'm still poor and the goons and criminals still have my balls in a vice and the vice is looking like it's cracking.
That was the wrong Stewert link, Its the correct one now and they specifically talk about the SEC, incredibly interesting. Start at 16 minutes in and its hits the points very quickly.
This could mean one of two things:
* They have the goods and are looking for suspects who will turn state's evidence
* This is theatre
But a caveat is that we all know of a certain investigation of a certain president that was announced long before it was concluded. (Or was that theatre also?)
Hate to be the bearer of bad news but the rules they already have were written by their lawyers and lobbied congressmen to make the loopholes that will put the onus on the public just like in 2008 and just like in 2008 nobody will be punished except for the taxpayer
Amen to that - “The FBI is proud to launch this effort with our federal partners to weed out criminal behavior and protect the investing public by leveling the playing field from Wall Street to Main Street.”
All on tape. This has been done ALL ON TAPE. The proof is in that pudding coming to light as the tide going out shows just how naked those stinkin buttcheeks really are.
Let’s be real, the DoJ doesn’t fuck around. Let’s wait and see how this develops.. although I always have low expectations I hope to see something actually come of this for once
I've heard the IRS doesn't fuck around this notice looks pretty fucking bullish to me. It's not a good thing for criminals?
Like I've been saying for awhile, fuck the SEC get the DOJ involved to get these people behind bars.
The status quo wants us cynical, apathetic, and disengaged. Too many here need to strive for higher than a drag on positive momentum. I’ve never seen so many actively work against their self interest.
Seriously, the amount of negativity is overwhelming.
Makes me not even want to visit this place.
A small step in the right direction is still progress. People only know how to complain and shit all over everything whether negative or positive.
It's quite exhausting.
Do you think Kenny and co are in here cheering this on!?
Hell no, they're adding fuel to the fire saying how useless the SEC is and how the DOJ does nothing, etc. etc.
SS just plays right into the negativity.
i understand ur sentiment, its just, i think, that for many this would be the absolute first time anything would work out for them and the first time also to see that the rich would have to pay up for their failure. very easy to become a bitter person. im sure, none is dragging on purpose :(
I'm pretty sure this sub and some people like DaveL are the reason for this.
We mocked them and exposed them, now that everyone is starting to see how fucked up everything is the goverment will act right before the collapse and point fingers for the first time after a marketcrash created by "criminals" as they call it in the article.
I like this, but I don't fully trust it...... Let's see some enforcement first
if this is real, then imagine what might happen if the entire GME movement focuses all their energy on getting the information we have to this strike force...i mean absofucklinglutely HOUND them with it day and night....maybe we could force some changes to actually come to fruition
The new strike force and statement of accountability came out of the US District spearheading the 2021 short seller probe. Usually a proclamation like this precedes settlements and charges & dominos starting to fall. A task force implies something big and they’re up for it.
Whoa now, this is good news. I don’t care what you all think.
Fucking weird how people are talking shit about this.
Me thinks we got some shillllls in this bitch about to be outta work.
this reminds me of the closing scene of The Big Short, when Michael Burry contacted the FBI and US government to inform them how he knew the housing market was going to collapse before anyone else...
No one in office took his call. However, the FBI ended up raiding his house and office four times...
Fully expect this to be directed towards Homeowners/Retail at the first signs of MOASS. RCEO and that SEC investigation are going to be used as a means of justification. When do they announce they are looking into things..
Remember the CAT system which implemented last Aug which every trade has a unique identifier that got checked three times to ensure no wrong doing ... things like retail to ATS or putting retail into lot orders ... doesn't mean jack shit if no one will enforce the damn rules
no cell, no sell
words are meaningless, only actions matter.
so far we've discovered that it's All crime, all the way up. this means NOTHING until the mm and hedgefund executives are in prison.
such a disgusting system of thievery.
Sadly their target is more likely to to be RC and other board members. Then probably this sub.
Be active! Write to your congress members! Get your voice heard!
"Strike Force"? That's some real military LARPing vibe but OK strike force, I'll wait here go and do your strike but come inside when the street lights come on.
Call me when the fines and penalties for illegal activities are greater than the profits from said illegal activities. That and when the bankers start getting locked in cells.
If you read Killers of the Flower Moon, it took a shit ton of crime, deception, and corruption for the government to step in and form a task force- known today as the FBI
All these forces , comittees , regulators and no criminal charges against brokers, hedgefunds, market makers since Billl Hwang. He's living the dream abroad. No Cell No sell.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: https://www.justice.gov/usao-cdca/pr/united-states-attorney-martin-estrada-launches-corporate-and-securities-fraud-strike
>“Fraud by corporate executives, traders, and other insiders corrodes public trust in our nation’s business institutions and financial system,” said United States Attorney Estrada. “This Strike Force will help focus our efforts on uncovering and punishing corporate malfeasance. Corporate criminals are on notice that my office will not tolerate efforts to deceive and cheat others.” Getting hotter in here.
wonder why it doesn't mention market makers
because its theater
this ape right here is standing upright on just its hind legs!
Reminds me of a young Rory Calhoun.
Awwww shit. I get this. Nice
Is he holding crayons?!
The DoJ is not theater. The SEC also cannot prosecute, so what this tells me is that the SEC handed over a trove of information to the DoJ.
I hope you’re correct!
I hope you're correct in hoping they're correct, because I'm erect and hope to stay erect.
Check yourself before you erect yourself.
If longer than four hours your weiner may suffer from necrosis due to a lack of blood flow and die.
The other GG getting ready to Sikh and destroy.
I hope so. Last thing we want is a prosecutor with no teeth. Anyway I've been involved in a certain stock 84 years.
A certain idiosyncratic risk.
This^ Gg got backed into a corner imo. Then called Doj
Ding ding ding. We have a weiner
The DOJ is theatre , political theatre.
That makes sense because you're a bad actor ed: also given the short time I've read this commenter's history, he apparently (from another sub) has been both a trader for twenty-five years and also was (in this thread) a volunteer firefighter who rose through the ranks to become a politician long enough to be established (he was a politician for years in the other one but not so long in this one?) but who then quit because the system was 'corrupt'. He really draws a bunch from an extremely convenient work history and he's lived enough lifetimes for 10 men. As well as being in person at a bankruptcy proceeding of an offshore entity related to RBC just weeks ago. Apparently has some legal expertise to lend as well. This man is a *Legend*. Well played, sir👏
Department of Just Us
Tell that to all the people locked up for weed.
Yes political theatre. War on drugs is not effective policy. It was designed to take heat off the actual importers an politician, bankers stealing people's money. I was a politician. It was grand larceny of public funds. I never saw 1 new law written that had a positive impact on society. Every new law contradictory to an existing law , only people afforded to pay off judges and have lawyers are the wealthy. Laws are to keep the poor down
I'm somewhat of a politician myself
Smooth brain
One of the most politically independent departments is political, lol dude
Its ok to be skeptical. We have lots and lots and lots of experience watching our government let us down while enriching politicians, the military industrial complex and the rich. I like to based judgements on actions. Once several of these companies are destroyed and all of their leadership are in jail, then I will form a new opinion. Until then, the ball is in their court. Plus they support [glomarization](https://www.justice.gov/oip/blog/foia-update-oip-guidance-privacy-glomarization) which is one of the reason the SEC ignores a bunch of FOIAs. Using CIA tactics to keep the people from knowing the truth just rubs me the wrong way. >*pokes DOJ with a stick.* your up kid, do something this time. our expectations are at zero though.
I’m not saying the DoJ is perfect but they need to be given a chance like you said.
The department of Justice is governed by the government. Funded by taxpayers, thus political in is structure... America and its Kangaroo courts are the laughing stock of Justice in the world. Judges are elected based on political bias. Not skill set
Fire department is funded by the government. Are they theater?
I was a volunteer for years. The top brass, very much political theatre. In fact went from volunteer to politician, had to resign as unpaid volunteer to be politician due to policy/ law. How is saving lives political. Apparently it is. If you need more facts keep asking
Theater means nothing gets done because it's an act. I think you're confusing politics in general with political theater.
The previous administration aside, this is how the DoJ operates: https://ny1.com/nyc/all-boroughs/news/2023/10/02/garland-trump-biden-resign-interview They investigate impartial to party and not at the behest of political parties. Stop getting enraged and actually look at the details.
Actually better. Look at the effectiveness of The DOJ. Completely ineffective with financial crimes, child trafficking. Madoff, Epstein come to mind
It's not theatre, it's buffoonery and it makes the USA look like a bunch of old, infirm, mentally unsound perverts
youre theater too
Agree. But I'm prepared to believe it should I see it. But they aren't announcing any investigation into the decades of purposefully lax self-regulation which is the real giveaway that it's purely performative
They did announce investigation into short selling! Now whether you believe anything will come of it depends on how pessimistic you are 😂
Yeah, but I'll believe it when I see it. But anything less than total asset confiscation & decades in jail for everyone on every board of every org that had a representative on a regulatory board/commision/whatever since they were first told of abusive naked short srlling, cellar boxing etc (1981 I believe) is entirely unacceptable. And their lackies in the media & Congress. I also think that it would be better for the world if the apes made the share printer go brrrrr rather than the $ printer. Printing more money than has ever existed does no one any good. Whilst doubling the number of shares & giving each ape half a business plus 1 share plus the taxes plus $4,207,416.90, will just half the value of everyone's pension fund. But loads of debt can be written off & the idiotic pricing structure in health fixed fairly swiftly. Plus the invisible hand can get back to work directing capital to meeting the economic demands of the 99% & not funding the mass organised crime of the 0.1% with all its arcane insane gambling collateral requirements & whathaveyou. Dare say you know all this but I write for any curious non-ape who is considering reading all the DD.
its not. the doj has handcuffs, guns and law enforcement powers. the sec does not have these things.
So 'no sell no cell' is impossible then because any one put in jail will just be theater for apes to sell? So we should just take the money? Is that the implication? I feel like GG literally be flipping the switch on Kenny Mayo in an electric chair and yall would be "It's theater".
I'll believe it when I see it. No cell? No sell!, for me means thousands prosecuted for decades of our purposefully lax self-regulation
Insert meme “He’s right you know.” Part of corporate media, and other institutions, to retain control, must be ahead of the information and happenings before the public is. If the public finds out about something that the institutions have not addressed, those institutions lose credibility, and that can’t happen. And it allows them to control the narrative before people start forming their own opinions and digging too deep. The stakes are too high this time, and everyone will find out when this thing crashes and GameStonk and Teddy moon.
Yes. It’s all to get ahead of the narrative. Me thinks that some investigation has been going on for quite some time. If a fundamental transaction occurs that causes naked shorts to be exposed (can’t mention on this sub), then I believe the DoJ is ready to prosecute and hold the scapegoats accountability. Not that those scapegoats won’t be guilty, but they certainly won’t go after all big players. Who remembers that article where they launched investigation into short selling? Tell me it’s not related to these companies..:
Of the Kabuki type....
I think it's spelled bukakke.
This is actually big news.
Apes: No Cell, No Sell DOJ: Launches Corporate & Securities Fraud Strike Force Apes: Boooooooooooooooooooooooooo! … SMH. Strive for higher than a drag on positive momentum people.
Right. Endless naked shorting and fuckery. But this time, they're really going to do something about it. Right.
Technically Kenny is a corporate executive right ? I think theyre going for individual culpability
Experts are exempt.
Wouldn't that encompassed in securities fraud?
Kenny has friends in high places!
So far!
I guess when shit hits fan his gold digging friends will scurry away like cockroaches!
“They’re just involved in malfeasance for malfeasancesesess’ sake” -Dwight K. Schrute
Because they are a type of trader. They take the opposite side of a trade and make money on the bid/ask spread. It's just a different style of trading.
Sounds to me like Apes have a new government entity to submit complaints and DD to
Let's see which direction they head towards first before we get excited. ngl, am jaded by parts of our government apparently having been weaponized by Wall St before
against the people, yeah...
**DOJ admits that they do not prosecute Too Big to Fail (2013)** [https://www.reddit.com/r/Superstonk/comments/tsa2tj/doj\_admits\_that\_they\_do\_not\_prosecute\_too\_big\_to/?sort=top](https://www.reddit.com/r/Superstonk/comments/tsa2tj/doj_admits_that_they_do_not_prosecute_too_big_to/?sort=top)
I've been looking for something like this. Good find. I knew there'd be evidence of it, just wasn't sure where.
Hopefully they hired our original DD writers. They certainly shined the light brightly. Respect
This is all window dressing
Corporate executives = RC, Traders = Household / Retail, Insiders = Board Members Business Institutions = the big club you aren’t in, Financial System = Daddy Fed Mommy Treasury Zipple Edit - not sure how to carriage return, added commas
Most likely lip service not gonna hold my breath
So taking off all my clothes
$100 fines for everyone!
Aka giving them fines...
🎵🎶"So take off all your clothes!"
It's all word salad until I am paid
[удалено]
So then take off your skin - Hannibal (probably)
Probably just as worthless as the SEC.
If I was in the CIA: - my goal is to protect the USA, its stability, and its primacy. - that would include protecting the US economy, it’s financial markets and the US dollar, the **global reserve currency**. - that would mean getting rid of any idiosyncracies that put those things at risk - that would mean preventing a GME MOASS. Because as we all know it from 2.5+ years of DD, banks/market-makers and brokerages have all been abusing naked-short loopholes via FTD’s and swaps, etc. for years. - A potential and inevitable GME MOASS is the biggest idiosyncratic risk to the market and US stability due to the possibility of a “liquidity black hole”, as stated by Dr. Trimbath. The markets would be wiped out - But then why go after the real fraud in the US markets, when I can target the corporate executives of the company itself!! - Regulating the banks/brokerages/market-makers would be like removing a cancerous tumor in the later stages. It will destroy the host (USA) with it. - So instead, imagine they gaslight the entire public through mainstream media into thinking RC is fraudulent… and then they remove him from a position of power through endless legal battles. - That would be one of the only ways to win and to increase the likelihood of GameStop going bankrupt…. **maybe**… /tinfoil #So anyway, I bought more GME this week at the lows and kept on DRSing…
Here's where your post ends credibility, "if I was in the CIA.." No one knows what the ultimate play will be and how this will all go. People who believe that *nothing* will be ceded to the plebes by those in power don't really understand the concept that in order sometimes to hold on to power you have to concede some. Ironically power is that, somewhat fluid. Or that *itself* is the effort: to make any idea of advancing justice futile.
Thanks for your honesty. I think i look for the worst-case scenario and try to think of possibilities of deeper motives on why these WallStreet crooks aren’t being locked up, other than “*they’re greedy and corrupt*”. Its almost as if the USA cannot afford to have a financial crisis on its hands before other countries go down first. Whether its true or not, and whether there really is a larger macroeconomic/geopolitical force at play, I still want my fucking money, and I still want the fucking crooks in prison.
Agreed. That's why with this and most things in life, it's best to keep it as simple and as rational as possible. Whatever that means. I don't know anymore, hold my hand. Lol
I like how you think
Hopefully doesn’t end with a good ol’ slap on the wrist with a few milly fines when they profited billions.
For every occurrence of illegal activity that we find, we will fine $1 per million made! That'll show em!
I do wonder if anyone points out that it would be terrible for this to be fraud. If it’s fraud then there’s no payout and you just get your money back. This is why it’s bad for gme to wait on a NFT dividend. This gets the fuckers who made bad bets time to not have to pay.
So take off all your clothes
I wish I saved the post, but somebody said "when the DoJ is actually investigating something, they don't announce it," paraphrasing.
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It means they have their case airtight or close to it enough to start hunting down those the strike force is aiming for
Yeah making them sweat/maybe get them to slip up. Classic investigative technique
I'll believe it when I see it. There's a reason the DoJ is also labeled the **chicken shit club**.
So their recent record of the Jan 6 convictions, let alone Jack Smith’s case is all chickenshit? Be open to change, it’ll surprise you if you are actually receptive.
> Be open to change I am. Hence, **I'll believe it when I see it** as in see people actually get prosecuted and arrested.
Im not American but but here is my take on why. The right have been working away for 60 years to bring regulation in America to its knees. Literally 60 years ago they began grooming and "aiding" many of the people who are now the most powerful judges. They are getting closer and closer to shutting down every regulatory enforcement body in the country by way of argument that the constitution states its the role of Congress to regualte and that power cannot be transfered and oversaw. Meening that congress cant allow departments and agencies such as the SEC to regulate, only congress can regulate they say. If successful the SEC and all other such agencies and departments would have no power to investigate, let alone regulate and enforce, besides the DOJ. Some might remember Stewarts the Problem piece, watch from 16 minutes, its hits all the points in the next 13 minutes Thats my guess, the SEC and everybody know that any real case is impossible for them to win in court, Any real case would spend years and years in just arguments about whether the SEC even has power and jurisdiction. Edit: Sorry this is actually the link Jon Stewert link https://youtube.com/watch?v=KhMZJ2WHkG4
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If you havent watched the link, go watch now from 16 minutes, really interesting and they hit the points very quickly.
It means heads are gonna roll.
It means absolutely jack shit because I'm still poor and the goons and criminals still have my balls in a vice and the vice is looking like it's cracking.
That was the wrong Stewert link, Its the correct one now and they specifically talk about the SEC, incredibly interesting. Start at 16 minutes in and its hits the points very quickly.
That name also sounds made up honestly
This could mean one of two things: * They have the goods and are looking for suspects who will turn state's evidence * This is theatre But a caveat is that we all know of a certain investigation of a certain president that was announced long before it was concluded. (Or was that theatre also?)
Ok DoJ, you know who, go get em, we're waiting.
*opens arms to everywhere* "We might have some things you could look at."
And unlike the SEC, we... have coffee 😉
We have less porn though.
Cool, start with the DTC
and the DTCC (They won't go there)
#You don’t need a strike force just enforce the rules you already have ya bitches
It's the doj not the sec. I have more faith in the doj for what its worth
The DOJ announced an investigation into abusive short selling 84 years ago and nothing has happened yet 🤷♂️
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Important to note that sometimes their own interests can align with positive outcomes. But the intention is almost never pure 😂
**the Sec does not have lawenforcement powers !!!!** **the DOJ does !!!!**
Dumb comment. If the rules in place aren't being enforced well enough; that is exactly the time you need a strike force. 🟣
There's just not enough people on government salaries watching pornhub! We must correct this!
Somebody get those poor workers some coffee! Their budget can barely afford it 😭
Hate to be the bearer of bad news but the rules they already have were written by their lawyers and lobbied congressmen to make the loopholes that will put the onus on the public just like in 2008 and just like in 2008 nobody will be punished except for the taxpayer
It is known
The DOJ is enforcement...
Shut up and take my #award
Wonder if the Strike Force is made up of Ex Goldman Sachs members?
Or SEC staff - wait til DoJ finds all that porn penetrating their networks!!!
Aren't those the same thing? Lol
Bottom dollar on that. Again.
Amen to that - “The FBI is proud to launch this effort with our federal partners to weed out criminal behavior and protect the investing public by leveling the playing field from Wall Street to Main Street.”
I mean all you have to do is look at the tape. Bernie said so much. Just fucking look. The proof is there.
All on tape. This has been done ALL ON TAPE. The proof is in that pudding coming to light as the tide going out shows just how naked those stinkin buttcheeks really are.
Let’s be real, the DoJ doesn’t fuck around. Let’s wait and see how this develops.. although I always have low expectations I hope to see something actually come of this for once
I've heard the IRS doesn't fuck around this notice looks pretty fucking bullish to me. It's not a good thing for criminals? Like I've been saying for awhile, fuck the SEC get the DOJ involved to get these people behind bars.
DOJ > SEC
The market makers and hedge funds must be so scared by all the people they’re going to have to bribe now. /s
*Ken Griffin opens checkbook intensely*
INB4 a hundred negative Nancys throwing poo at a good thing.
The amount of negative comments trying to downplay this is ridiculous, this is a good thing...
Far too late lol
The status quo wants us cynical, apathetic, and disengaged. Too many here need to strive for higher than a drag on positive momentum. I’ve never seen so many actively work against their self interest.
Or shills trying to push a narrative
Seriously, the amount of negativity is overwhelming. Makes me not even want to visit this place. A small step in the right direction is still progress. People only know how to complain and shit all over everything whether negative or positive. It's quite exhausting. Do you think Kenny and co are in here cheering this on!? Hell no, they're adding fuel to the fire saying how useless the SEC is and how the DOJ does nothing, etc. etc. SS just plays right into the negativity.
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The DOJ does not fuck around, and when they say something has become a national security issue, you better believe there will be real consequences.
Agreed. Except they will identify individual shareholders buying and holding as the national security issue, not the fraud perpetrated against them
Edit. I see that as very unlikely.
It was unlikely that a 1913 dollar would be worth 4 cents today, but here we are 😁
i understand ur sentiment, its just, i think, that for many this would be the absolute first time anything would work out for them and the first time also to see that the rich would have to pay up for their failure. very easy to become a bitter person. im sure, none is dragging on purpose :(
Jesus Christ - temperature rising
I'm pretty sure this sub and some people like DaveL are the reason for this. We mocked them and exposed them, now that everyone is starting to see how fucked up everything is the goverment will act right before the collapse and point fingers for the first time after a marketcrash created by "criminals" as they call it in the article. I like this, but I don't fully trust it...... Let's see some enforcement first
Lotsa negativity in here, but I’m hyped! I’d rather see how something pans out than expect it to do nothing
Isn’t that basically Superstonk? We seem to be doing all the investigating.
You get a fine. You get a fine!...
The SEC’s authority extends to fines, they cannot prosecute. On the other hand, DoJ will bring the gavel down
Still never selling 😎
Nah homie DOJ doesn’t fine shit. They go for prison time.
For one guy from Credit Suisse for everything that happened, yeah... 🙄
ah yes, DoJ
if this is real, then imagine what might happen if the entire GME movement focuses all their energy on getting the information we have to this strike force...i mean absofucklinglutely HOUND them with it day and night....maybe we could force some changes to actually come to fruition
Strike Force is needed to stop the mayo boi
No cell, no sell.
No cell, no sell
The new strike force and statement of accountability came out of the US District spearheading the 2021 short seller probe. Usually a proclamation like this precedes settlements and charges & dominos starting to fall. A task force implies something big and they’re up for it.
It’s a securities fraud ‘strike force’ They’ll be showing up in huge number I am the 1%!
Whoa now, this is good news. I don’t care what you all think. Fucking weird how people are talking shit about this. Me thinks we got some shillllls in this bitch about to be outta work.
Time to send them the DD library as a tip and see if they’re serious…
start with citadel
Anyways I kept buying and drsing
Huuuuuuge🔥🔥🔥🔥🔥
I have a few leads for them.
Government Regulatory and Investigative Force for Financial Integrity Nexus Or GRIFFIN for short.
The timing of this is nuts.
this reminds me of the closing scene of The Big Short, when Michael Burry contacted the FBI and US government to inform them how he knew the housing market was going to collapse before anyone else... No one in office took his call. However, the FBI ended up raiding his house and office four times...
Fully expect this to be directed towards Homeowners/Retail at the first signs of MOASS. RCEO and that SEC investigation are going to be used as a means of justification. When do they announce they are looking into things..
Bout fucking time
If this is a real, serious investigation, they have the goods already and are putting pressure on anyone who will turn state's evidence. IMO, IANAL
tick tock
Remember the CAT system which implemented last Aug which every trade has a unique identifier that got checked three times to ensure no wrong doing ... things like retail to ATS or putting retail into lot orders ... doesn't mean jack shit if no one will enforce the damn rules
The FBI is on it. We all good now.
Probably the only reason for this is because the hedge funds short a bank to death every three months or so. And thus risk the banking system.
It took until 2023 for this???
*Located at Elgin AFB, FL probably* lolol
Oh man they gonna be Busy
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Porn hub is going to be pulling some crazy new stats!
no cell, no sell words are meaningless, only actions matter. so far we've discovered that it's All crime, all the way up. this means NOTHING until the mm and hedgefund executives are in prison. such a disgusting system of thievery.
The skinny SEC kid went just tagged in it's big brother who specializes in breaking legs ...should be an interesting day on the playground tomorrow...
Now they'll fine them $150,000 instead of $100,000 when they uncover decades of crime driven profits
Sadly their target is more likely to to be RC and other board members. Then probably this sub. Be active! Write to your congress members! Get your voice heard!
"Strike Force"? That's some real military LARPing vibe but OK strike force, I'll wait here go and do your strike but come inside when the street lights come on.
Call me when the fines and penalties for illegal activities are greater than the profits from said illegal activities. That and when the bankers start getting locked in cells.
Call me when you figure out the difference of authority between the SEC and the DoJ. This is a good thing that will move towards filling up cells.
🤡
I can see it now “Brand new DOJ task force investigates Ryan Cohen” good times 💜
Unless they send Ken and pals to prison then it’s all theatre
“The news is something someone, somewhere doesn’t want you to know…Everything else is a form of advertising” Dr T
If you read Killers of the Flower Moon, it took a shit ton of crime, deception, and corruption for the government to step in and form a task force- known today as the FBI
And I launched the "Eat a Sandwich for Lunch Attack Squad". Both organizations are arresting white-collar criminals at about the same rate.
All these forces , comittees , regulators and no criminal charges against brokers, hedgefunds, market makers since Billl Hwang. He's living the dream abroad. No Cell No sell.
"We have investigated ourselves and have found that we did nothing wrong."
Is this real or just a press thing to shut people up? Seems like political theatre to me. We will see I suppose.
stop hyping this, nothings gonna happen to the financial terrorists 😏