Hedge-fund hardball: How Amaranth was devoured by its banker, MorganChase. Hedge-Fund Hardball Amid Amaranth's Crisis, Other Players Profited Goldman Offered Deal; J.P.
Morgan Balked, Then Did One Itself By Ann Davis, Gregory Zuckerman, and Henny Sender The Wall Street Journal Tuesday, January 30, 2007 When Amaranth LLC collapsed in the fall, after swiftly losing more than $6 billion, it was the biggest hedge-fund failure ever. MF Global Assets Have Left The Building: How, When, Where. Greece to default, US on the line? Word of the Day: Minsky Moment. SPECIAL REPORT: THE END OF OZ. Bix Weir Spring 1964: A little known high school teacher named Henry Littlefield published an article in the American Quarterly arguing that the novel "The Wonderful Wizard of OZ" was a cleverly disguised satire on the politics of the late 1800's America.
He also argued that the Author, Frank Baum, devised the first "truly American Fairy Tale" as a Monetary Allegory on the virtues of a bi-metallic monetary system and the fight against the evil bankers. The Wizard of OZ: Parable on Populism Since this article was publish there have been many follow on articles and other theories developed as to the meaning of the story but the monetary symbolism lives on in the hearts of millions of gold bugs and hard-money advocates around the world. The following is my interpretation of the characters and plot of the original OZ story drawing mostly from the original Littlefield article but also others that have been published. MF Global, Fraud, Debased Currencies & Precious Metals : Nielson Update.
Eddie Hobbs - TV3 - The Euro Collapse. NESARA Yes We Can! Gerald Celente talks Trade Wars, Eurozone Breakup, and MF Global "MF'ers" on Capital Account. THE HISTORY OF MONEY. World Bank, IMF and WTO. HOW WALL STREET FLEECES AMERICA: Stephen Lendman. Word of the Day: Interest Rate. Banks, Wall Street, Corporations - We are taking back our nation Occupy SF Egypt march. Money Madness Bank looted customer accounts via internal bank run.
Economic Collapse a Mathematical Certainty. Clarke and Dawe - European Debt Crisis.