550 Billion $ Electronic Run on the Banks

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Sirton
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550 Billion $ Electronic Run on the Banks

Post by Sirton »

Rep. Paul Kanjorski ( Democrat ) 4 days ago.

http://video.google.com/videosearch?hl= ... &ct=title#

Thursday Sept 15th at 11 am we had an electronic 9/11.

Where are the questions? Who did this? Why is this not Major News? Did China, Russia, Middle East or major money men do this for political reasons? Was it because John Mccain just took a decent lead in the polls and after this he had no chance being elected, since Bush to the common man would take the most blame? Should this be an act of war? Is he making it up? Why again is this not ran 24/7 on all the networks? Were are the investigations and Hearings? Why is our Media and Goverment completely failing us?

He said if FED didnt shut it off the US would of lost 5.5 trillion that day and our whole system and government would of collasped and changed over night. Why is our Country put in such a situation that this could occur? This is fucking retarded.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Leonaerd »

It isn't on the news because people are panicked enough as it is.

Our country is in such a top-heavy position because of our bloated management, dishonest businesspeople and greedy politicians.
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Re: 550 Billion $ Electronic Run on the Banks

Post by valryte »

Where are the questions? Who did this?
Who did this? Stupid people did. They got scared and starting taking their shit out. That was the day that WaMu bit the dust.
Why is this not Major News? Did China, Russia, Middle East or major money men do this for political reasons? Was it because John Mccain just took a decent lead in the polls and after this he had no chance being elected, since Bush to the common man would take the most blame?
Cause it's fucking old news.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Kaldaur »

Sirton wrote:Rep. Paul Kanjorski ( Democrat ) 4 days ago.

http://video.google.com/videosearch?hl= ... &ct=title#

Thursday Sept 15th at 11 am we had an electronic 9/11.

Where are the questions? Who did this? Why is this not Major News? Did China, Russia, Middle East or major money men do this for political reasons? Was it because John Mccain just took a decent lead in the polls and after this he had no chance being elected, since Bush to the common man would take the most blame? Should this be an act of war? Is he making it up? Why again is this not ran 24/7 on all the networks? Were are the investigations and Hearings? Why is our Media and Goverment completely failing us?

He said if FED didnt shut it off the US would of lost 5.5 trillion that day and our whole system and government would of collasped and changed over night. Why is our Country put in such a situation that this could occur? This is fucking retarded.

How would this have affected John McCain if no one knew about it? If the common man didn't hear about this, then how could they blame Bush, and McCain by association?
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Re: 550 Billion $ Electronic Run on the Banks

Post by Boogahz »

Wait...was this the October surprise?
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Re: 550 Billion $ Electronic Run on the Banks

Post by Spang »

Surprise!
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Re: 550 Billion $ Electronic Run on the Banks

Post by miir »

Where are the questions?
They have already been answered.

Who did this?
Investors.

Why is this not Major News?
In the financial sector, it was... and the ramifications of this have been major news for the past 5 months.

Did China, Russia, Middle East or major money men do this for political reasons?
You're a fucking idiot.

Was it because John Mccain just took a decent lead in the polls and after this he had no chance being elected, since Bush to the common man would take the most blame?
You're a fucking huge idiot

Should this be an act of war?
No, you're really a fucking colossal idiot.

Is he making it up?
No.

Why again is this not ran 24/7 on all the networks?
Becuase the vast majority of people (like yourself) have no fucking idea how the financial markets work and you make up moronic conspiracy theories as to who is responsible for shit like this happening...

Were are the investigations and Hearings?
Ask your man Bush. The GOP pushed aggressively to keep the financial markets regulation free.

Why is our Media and Goverment completely failing us?
Becuase you're paying attention to the wrong media and you voted for the wrong person.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Sirton »

http://www.portfolio.com/views/blogs/ma ... -the-facts

Found this link to answer it the best. Most out there is abunch of BS conspiracy crap.

WaMu didn't bite it then it was Lehman Brothers.

What got my attention was the run on the money market accounts and that much money in so little time. I just knew of smaller numbers. THAT WAS THE STORY I WAS TALKING ABOUT THAT HADNT BEEN REPORTED. 550 billion in 1-2 hrs 5.5 trillion would of by 2pm. The entire collapse of the US economy in 24 hrs and the world economy in 48 hrs. Not just some companys.

But after some research I found He has some of his facts off and seems like another congressman doing some fear mongering before the stimulus bill.

You wan't to be an asshole go right ahead Miir. People like you are the reason this board is dead compared to what it once was. I bet your a fun one to be around!
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Re: 550 Billion $ Electronic Run on the Banks

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Sirton wrote:http://www.portfolio.com/views/blogs/ma ... -the-facts

Found this link to answer it the best. Most out there is abunch of BS conspiracy crap.

WaMu didn't bite it then it was Lehman Brothers.

What got my attention was the run on the money market accounts and that much money in so little time. I just knew of smaller numbers. THAT WAS THE STORY I WAS TALKING ABOUT THAT HADNT BEEN REPORTED. 550 billion in 1-2 hrs 5.5 trillion would of by 2pm. The entire collapse of the US economy in 24 hrs and the world economy in 48 hrs. Not just some companys.

But after some research I found He has some of his facts off and seems like another congressman doing some fear mongering before the stimulus bill.

You wan't to be an asshole go right ahead Miir. People like you are the reason this board is dead compared to what it once was. I bet your a fun one to be around!
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Re: 550 Billion $ Electronic Run on the Banks

Post by Kilmoll the Sexy »

I hope so! If that stimulus package doesn't go into effect we will have lost 3 billion jobs in those 6 months.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Zaelath »

Kilmoll the Sexy wrote:I hope so! If that stimulus package doesn't go into effect we will have lost 3 billion jobs in those 6 months.
How will a boatload of babies help out? Protein?
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Re: 550 Billion $ Electronic Run on the Banks

Post by Sirton »

Something else hurricane ike had us out of power 2 weeks during that time, so maybe i am talking about old info, but that congressman really makes it much more serious than what Ive known. Im upset about hearing less news on this.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Sabek »

valryte wrote: That was the day that WaMu bit the dust.
WaMu didn't actually bite the dust. They got bought.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Truant »

Sabek wrote:
valryte wrote: That was the day that WaMu bit the dust.
WaMu didn't actually bite the dust. They got bought.
I thought WaMu got bought after it bit the dust.
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Re: 550 Billion $ Electronic Run on the Banks

Post by Truant »

Just to follow up. WaMu was siezed and placed in FDIC control who then sold the bank to Chase.
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Re: 550 Billion $ Electronic Run on the Banks

Post by valryte »

WaMu didn't actually bite the dust. They got bought.
Listen, they bit the dust. They got sold by force because they had to be sold. They went on a death spiral with no recovery in site. They were no longer WaMu. It began on Sept 15 and 10 days later the government took over. The banking portion (I believe it was over 100 billion in deposits) of WaMu was sold to JP Morgan at a steal for 1.9 billion, hell their HQ alone was worth about $400 million.
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