Wednesday, April 7, 2010

Incompetent or Bold Faced Liars?

Dear Bottarelli Research Reader,

As you know, I take tremendous pride in offering a small group of high-level traders the very best market research available.

That's why it troubles me to write you this letter today…

You see, never before in history has Wall Street been dripping with so many lies, deceit, and manipulation. In this day and age, it seems like unethical behavior is now a commonly accepted practice, and it's costing honest, hardworking folks like you money.

Lots of money.

In short, the time has come to turn the tables on the financial elite, and that's why I'm writing you today.

You see, you're now invited to enjoy a new "white-knuckled" trading strategy designed to beat these lying rats at their own game.

Starting now, you can make phenomenal trading profits by using these manipulative tricks to your advantage.

That's right! By following this new trading methodology, you can lock in daily returns of 322.73%, 52.17%, 245.95%, 150.00%, 42.86%, and 59.53%.

You can review our track record below. But first, let's be perfectly clear about the lies and deception that I'm referring to above.

Over the last few years, the following quotes (which I'm calling "boldfaced lies") were made by some of the top financial figureheads in the world. As you'll see, every single one of them has been dead wrong.

In fact, some of them are so laughable, you'll wonder how these bozos can even keep their jobs. See for yourself:

BOLDFACED LIE #1:

"I think this is a case where Freddie Mac and Fannie Mae are fundamentally sound. They're not in danger of going under. I think they are in good shape going forward."

– Barney Frank, July 14th 2008

BOLDFACED LIE #2:

"Freddie and Fannie will make it through the storm. They are in no danger of failing….adequately capitalized."

- Ben Bernanke, July 16th 2008

BOLDFACED LIE #3:

"We have no plans to insert money into either of those two institutions [referring to Fannie Mae and Freddie Mac]."

- Hank Paulson, August 10th 2008

What Happened? Within two months of the above assurances of Barney Frank, Ben Bernanke, and Hank Paulson, the U.S. government forced both mortgage giants into conservatorship and committed $100 billion in each company to save them from imploding. If you believed these guys — and bought Freddie or Fannie stock — you got completely wiped out.

But that's just the beginning…

BOLDFACED LIE #4

"I don't see sub-prime mortgage market troubles imposing a serious problem. I think it's going to be largely contained. All the signs I look at show the housing market is at or near the bottom."

- Hank Paulson, April 20th 2007

As you know, sub-prime mortgages sparked the financial meltdown that nearly sent the entire global economy into free-fall. How could Paulson not see this coming? Is he really that stupid?

It gets worse…

BOLDFACED LIE #5

"In today's regulatory environment, it's virtually impossible to violate rules."

- Bernie Madoff, October 20th 2007

Are you kidding me? One year later, Madoff (who once sat atop the NASDAQ stock market) admitted that he cost investors over $50 billion in an alleged Ponzi scheme. You know how this story ends. Madoff is now wearing an orange jumpsuit behind bars.

But here's the doozy of them all…

BOLDFACED LIE #6

"It is not the responsibility of the Federal Reserve — nor would it be appropriate — to protect lenders and investors from the consequences of their financial decisions."

–Ben Bernanke, October 15th 2007

In a major reversal, Bernake decided to bail out every major financial institution in trouble, setting up one of the biggest "false market recoveries" in financial history.

I can go on with hundreds of other examples, but I think the bottom line is pretty clear…

Right now, our financial and political leaders are either incompetent or they're stone-cold liars. Either way, the loser in this deal is the individual investor like you and me. That's why I'm sending you this special invitation to subscribe to Bottarelli Research today.

No comments:

Post a Comment