The #ButNothingsHappening cases are moving from the banks to the Hedge Funds who are rigging markets to profit off short selling & other manipulation schemes.

finance.yahoo.com/news/hedge-fun…
Looking at collusion between Hedge Funds & market research firms to coordinate trades to illegally profit off news before it becomes public.
The investigation is being run out of Los Angeles, instead of NY where most of the markets are located...

Does that mean it grew out of other investigations conducted by those offices?
Looks like a major investigation into some big players, but hese are not people with name recognition to the public...
Of course these short sellers have been pushing to have the small investors who sabotaged some of their short sales by colluding to buy up stocks like Gamestop.
DOJ is looking for evidence of collusion & false statements about funding & relationships with researchers. I'm sure there will be #receipts & communications related to manipulating the markets...
Industry insiders are saying this will all go away, like it usually does, because FBI won't find the evidence of coordination between these short sellers...

Times have changed with investigators using AI & big data tools to indentify suspicious activity to narrow investigations.
Some researchers have been paid specifically to go after companies the hedge funds wanted to short sell. One even got a cut of the profits from the deals that occurred because his research panicked investors to sell stocks & allow short sellers to buy at lower prices.
The researchers get paid by the hedge funds, then write dodgy dossiers about the target companies. The companies' stock value drops & the hedge fund investors cash in on their short sell bets...
I was right about why this office has the cases.

They previously brought the cases against JPMorgan Chase for manipulating precious metals markets & US Treasury futures.

How did they find it? Big data analysis for suspicious trades to get probable cause to investigate them!!!
Looks like the investigation began before Gamestop but they have issued subpoenas as recently as October, probably since then too.
Fake news based on dodgy dossiers isn't limited only to the political realm. It can manipulate financial markets to allow thos involved in the manipulation to profit at the expense of honest investors.
Of course these hedge funds are exploiting holes in the regulations, but I wouldn't be surprised if many of the people involved were also involved in lobbying & helping write those rules to include the loopholes...

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More from @DawsonSField

12 Dec
A Unaoil executive has had his bribery conviction reversed by a court because the UK's Serious Fraud Office concealed documents during discovery.
Likely to narrow the case & hide SFO ignoring oil industry corruption.
thetimes.co.uk/article/8e3a8e…
The Serious Fraud Office is joking referred to as the Serious Fraud Office!
That they are serious fraud trying but failing to convince people that they seriously investigate fraud... Image
The judges stopped short of calling it intentional but with their track record of taking a small scapeoat or patsy to let the Serious Fraudsters get away, it is not convincing. Image
Read 14 tweets
12 Dec
This is the most interesting thing I have seen in ages.

A secret DHS spy unit conducting surveillence of the media, Congress & NGOs.

One agent tried to blackmail Ali Watkins over her affair with James Wolfe, head of SSCI security...
#ButNothingsHappening
HT @LornaLe46125377
CBP Agent Jeffrey Rambo even implied to Watkins that he was with FBI & told her he was trying to recruit her as an FBI confidential human source.
There is a huge but as yet unreleased OIG report on the scandal.
Was this also an effort to flip Wolfe against SSCI? Image
Read 23 tweets
11 Dec
If you don't understand how charges in Zambia matter for swamp draining, you don't understand how the Swamp is filled with dirty money.
3rd World officials are bribed by middle men to get access to natural resources by multinational extractive industries: oil, mining, fish, etc.
These middle men then launder the money to politicians to protect the deals. Buying off the foreign policy establishment in the US & Europe to support policies to protect the 3rd world leaders who play ball & regime change those who do not.
Then they block criminal cases against the middle men, commodities companies, multinationals, NGOs & banks that enable it. Because their bought & paid foreign policy experts tell the politicians it is in the national interests to protect those 3rd World leaders & supply chains.
Read 5 tweets
11 Dec
Draining the Swamp in Los Angeles!

The indictments & guilty pleas have been building for many years.

This one came from evidence seized in an FBI raid of the department & city hall in July 2019.

#ButNothingsHappening
The only thing amazing about these cases is learning how little the Swamp Creatures sell out the tax payers for...
PWC auditing firm even helped the L.A. Dept. of Water & Power set up a dirty billing system that let them overcharge customers by at least $67 Million.

Read 4 tweets
8 Dec
FBI's investigation of global Swampy consulting firm McKinsey costs Canada's Ambassador to China his job. He was formerly managing partner for McKinsey.

He really worked for China in both roles!
#ButNothingsHappening
McKinsey is the firm who hosted their global retreat for executives next door to Chinese concentration camps.

Apparently the Biden Admin has been treating Canadian PM Trudeau as a joke on China issues because he picked people owned by China as his Ambassadors. ImageImage
From 2004-2018 helped Chinese state owned companies make deals to gain busines & power. Image
Read 18 tweets
7 Dec
Why would Hunter Biden take the Chairman of Walmart wanting to rig the 2020 election to stop Trump from draining the Swamp?

FBI did not ignore the laptop, they got a GJ to subpoena it & make it admissible agains the people Biden recorded. #ButNothingsHappening
HT: @SadawagaLake
Walmart had a lot of reasons to not like the Trump Department of Justice & their actions to hold Walmart accountable for their crimes.

Violating regulations to fill invalid opiod prescriptions that they knew were feeding addiction & overdoses.
Walmart outsourced their controlled substances supply chain in 2018 because they were under investigation. 2018, the same year their CEO is tring to get rid of Trump.

Where did DOJ file that complaint in federal court?
The District of Delaware, where the investigation was lead.
Read 12 tweets

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