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How "the System" Steals From The Small Investor
Posted on 03/08/2007 07:46 AM | Link | Post Comment
Yes, I said steals! This is of course legalized stealing.
Here are a couple of examples how corporate executives, who are given (free lunch) huge amounts of stock, cash out. Sometimes their own company helps to boost the stock price by announcing a stock buyback.
Basically, it is the "Robinhood" theory in reverse. Rob from the poor, and give to the rich. Wall Street gets the little guy to buy while the insiders sell. What a racket!
AIG- American International Group
Stock Buyback Announcement: 3/1/07- $8 Billion- Expanded
Insider Selling:
Insiders Who Sold
SCHREIBER BRIAN T/ 3-7-07 3,500 shares@ $69.45
GREENBERG MAURICE R/ 3-6-07 400,000 shares@ $69.86
STARR INTERNATIONAL CO INC/GREENBERG MAURICE/ 1-4-07 to 3-6-07/ 4,221,710 shares @$69.68-$72.13
- Get A Job, Any Job, To Pay The Rent!
- Countrywide Financial's Ceo Warns Investors
- What The Dell !
- Making Money From Consumer Fascinations
- Market, Economy, And Bernanke In A Catch 22
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Examples
Morpheus Trading - Sun Aug 24, 2008 06:22AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Thu Aug 28, 2008 02:39AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Wed Aug 27, 2008 12:44AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]











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