Before the collapse of mega behemoth Bear Stearns there were rumors that
a major Wall Street firm had
bitten off more than it could chew.
Mainstream media, for the most
part, completely ignored
the rumors, with some financial experts like CNBC’s premier Wall
Street insider Jim Cramer literally
screaming at viewers on the March 11, 2008 airing
of Mad Money in which
he vehemently denied any problems
saying that the company was “fine.”
a few days later Bear Stearns collapsed into heap of rubble and was offered up for sale at just $2 a share to JP Morgan
Chase. This incident is widely
believed to have been the catalyst
that kicked off what we now
refer to as the sub prime
the last few months we’ve
started receiving signals similar to what contrarian observers were seeing prior to the Bear Stearns collapse.
Big money flows
out of financial stocks by key financiers like George Soros and John Paulson were reported just
last week and tens of
billions of dollars have been withdrawn from the European banking system since Spring. The government for its part, has taken steps to lock down the banking system so that not only can customers no longer withdraw funds from money market accounts in the middle of a panic, but a recent federal court case set a
new precedent that has essentially given the go ahead for banks and investment firms to use segregated customer
deposit accounts to
engage in highly risky trading strategies without the threat of ever being prosecuted.
Now, a report from analysis
Equity Research suggests that there is an unusually high amount of
chatter on Wall Street surrounding the possibility of another major financial collapse in the making.
When the Department of
Homeland Security or other intelligence services hear chatter they often raise the terror alert level, deploy federal SWAT teams and go on complete
Thus, we should consider this latest piece
of intel from those with their
fingers on the pulse of Wall Street as a potential game changer:
With the stock price
of Morgan Stanley (NYSE: MS) inches from its Armageddon lows of Oct. 2008, whispers
of the imminent overnight collapse of this U.S. broker-dealer begin
to surface. Client funds, again,
are at risk.
“I’m hearing rumors that another
major financial house is going to implode,” says TruNews host Rick
Wiles. In fact, the name I’ve been given is Morgan Stanley . . .
“It’s going to be put on the sacrificial alter
by the financial elite.”
Beyond the evidence
of a teetering stock price—Morgan
Stanley’s troubles may
never go away—leading to bankruptcy, if
traders can glean anything from the financial activities of
front-running insider George Soros,
the man who warned in
Jun. 2010 that the global financial
crisis has entered
Adding to the speculation
of a Morgan Stanley collapse, Bloomberg coincidentally
pens an article on Aug.
23—the following day
of the TruNews broadcast—in
which the author Bradley Keoun recounts the dark days of Morgan Stanley at the height of act I of the financial crisis in 2008.
“At the peak of Morgan Stanley’s Fed borrowings,
on Sept. 29, 2008, the firm reported
that liquidity was ‘strong,’ without mentioning how dependent its cash stores had become on the government lifeline. . .” states Keoun.
here’s where strong advice from Trends Research
Institute founder Gerald Celente
and former commodities broker Ann Barnhardt should be heeded. Both
implore investors and savers,
alike, to withdraw from the financial system,
warning that allocated brokerage accounts are not truly allocated.
Regulators were asleep at
the switch in the cases of MF Global and PFG Best, both
filing bankruptcy post
2008, taking customer funds with them
to the financial grave. Why
not Morgan Stanley?
“They don’t give you the information to be able to decipher whether they have changed anything,” adds Hurwich.
Why an establishment cheerleader such as Michael
Bloomberg would allow an
article which serves to remind
investors of Morgan Stanley’s
financial problems at this time may lend some
credence to Rick Wile’s
sources, who hear chatter
about the impending doom
of Morgan Stanley.
timing of the Bloomberg article is no coincidence. Michael Bloomberg is
only doing his part for the global banking
cartel by tipping off that
Morgan Stanley is ready
for the “sacrificial alter.” Get your money out.
Via: Woodpile Report, Steve Quayle
We can make predictions or forecasts based on rumors and news, and often
times we’ll be berated for acting to protect ourselves based on this information. Often, even rumors and chatter have
been responsible for driving
a particular stock or market
up or down, so the very
news itself, whether true or not, may set the ball in motion.
the fact of the matter is that neither
the SEC nor Ben Bernanke nor Tim Geithner nor the White House nor mainstream financial pundits nor Wall Street insiders will ever tell us ahead of time that billions of dollars of our
wealth is about to be wiped out.
We will only find out after the fact.
You’ve now heard the rumor. You’ve been following the
news. The decision is in your hands.