Thursday, April 24, 2008

Securities & Exchange Commission Opens Investigation Into Bear Stearns Collapse

A short while back I had written a *post in regard to the Bear Stearns debacle, believing that the Federal Reserve Bank was itself in large part responsible for the collapse. The Federal Reserve was the catalyst in the stock market crash of 1929, when it abruptly tightened credit, forcing many businesses to collapse under the weight of their debt -- a situation which later resulted in the Great Depression of the 1930's.


I also stated that there should be an investigation into the options trading which took place days, weeks and months before the collapse of Bear Stearns, to determine if there was anomalous activity which might indicate insider trading, and foreknowledge that the nation's 5Th largest brokerage was in serious financial trouble.

Now the Securities & Exchange Commission has opened an investigation into the Bear Stearns' collapse, looking for possible evidence of such insider trading -- a situation similar to that of the short selling which occurred days before the attacks on 9-11, in regard to a few airlines stocks whose aircraft were alleged to have been involved in the attacks on 9-11.

However, I wonder if this will be a thorough investigation or simply a red herring in which the SEC will only serve to muddy the waters, while the catalyst in this collapse continues to remain unknown? If the Federal Reserve Bank is indeed covertly responsible for the collapse of Bear Stearns, I think the latter situation is probable. Which means that once again, Americans will be fed a pack of propagandized lies through the US media, while those who are responsible for such investigations only serve to obfuscate the facts.

And those well connected Illuminists behind such white collar crimes skate as usual.

Newsclip on the investigation:

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