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Frontrunning: August 27

Islamic State executes soldiers, takes hostages at Syria base (Reuters) Buffett Burger King Funds Flip Obama’s Inversion Calculus (BBG) Equities Reach Record $66 Trillion as S&P 500 Hits 2,000...

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If You See A Terrorist Say Something, FBI Warns After Busting ISIS Threat To...

With the invasion of Syria, pardon, the “Islamic State” on behalf of US allies in the middle east imminent, it is time to send the fear meter to Max, and spook the US population with the reminder that...

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HEAD of the FBI’s Anthrax Investigation Says the Whole Thing Was a SHAM

Agent In Charge of Amerithrax Investigation Blows the Whistle The FBI head agent in charge of the anthrax investigation – Richard Lambert – has just filed a federal whistleblower lawsuit calling the...

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How Chinese Oligarchs Used Fake Trade Invoices To Launder Almost $1 Trillion...

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Our estimates show that the developing world lost US$991.2 billion in illicit financial flows in 2012, over ten times the amount of official...

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FIFA “Rampant” Corruption Exposed Following DOJ Indictment, 14 Arrested In...

US Justice Department and FBI comments on the FIFA Investigation That FIFA has been a hotbed of corruption, shady backroom dealings and outright crime for years, has been known to anyone with even a...

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The War on Free Speech Accelerates: DoJ Subpoenas Reason.com Over Comment...

Submitted by Mike Krieger via Liberty Blitzkrieg blog, The United States Department of Justice is using federal grand jury subpoenas to identify anonymous commenters engaged in typical internet bluster...

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Frontrunning: June 19

Greek PM optimistic on debt deal as banks bleed (Reuters) Greek central bank chief says banking system stable (Kathimerini) ECB Said to Confer on Emergency Greek Aid Amid Cash Flight (BBG) More tax...

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“It’s Laughable Really”: Why No One, Especially Not Jamie Dimon, Will Be Held...

A few weeks back, Bruno Iksil, the man whose name shall live in CDX trading infamy and whose nicknames will forever haunt the desks at JP Morgan’s taxpayer-sponsored, London-based hedge fund (known in...

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In Latest Market-Rigging Scandal, ITG Busted For Frontrunning Clients In Its...

Last year, first in the aftermath of NYAG’s lawsuit against Barclays followed promptly by Michael Lewis’ “Flash Boys” (which over a year later is still a better seller than “GS Elevator’s” attempt to...

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“Project Omega”– Why HFTs Never Lose Money: The Criminal Fraud Explained

Two weeks ago, without knowing the details of the most recent market-rigging and frontrunning scandal involving “alternative” market veteran ITG’s dark pool POSIT, which issued a vague 8-K it would...

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Average Annual Cost Of Specialty Drugs Now Exceeds US Median Household Income

Earlier this month, we reported that Senators Susan Collins (R-Maine) and Claire McCaskill (D-Mo.), who together lead the Senate Special Committee on Aging, have opened a bipartisan investigation into...

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Preet Bharara Press Conference On Dean Foods Insider Trading Scandal That...

Over a decade ago, the US cracked down on Marth Stewart as an example of all that is wrong with the US financial system. The same US which did not put any  bankers in prison after the financial crisis....

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“F*ck Off Fascist”– One Man’s Epic Response To The Mass. AG Over Subpoena On...

As we reported late last year, Exxon is directly in the crosshairs of a government push to punish those who deny climate change. In addition to being investigated by the New York Attorney General,...

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12 TSA Agents Just Indicted For Smuggling $100 Million Worth Of Cocaine

Submitted by Carey Wedler via TheAntiMedia.org, The Department of Justice announced Monday that 12 former and current TSA (Transportation Safety Administration) employees were indicted for smuggling 20...

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Mary Jo White Seriously Misled The US Senate To Become SEC Chair

Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Less than two weeks after Mary Jo White was nominated to become Chair of the Securities and Exchange Commission by President Barack...

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Jeff Sessions Asks All Remaining Obama-Appointed U.S. Attorneys To Resign

In a move that will likely provoke further media, and pundit, fury despite it being a routine act that is concurrent with every change in administration, Attorney General Jeff Sessions has asked all...

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Bharara Joins The Trump “Resistance”: Asks If Any Public Servants Will Dare...

It appears the so-called 'resistance' is coalescing around a number of fired-by-Trump formerly powerful Obama administration officials desperate to maintain the tyrannical Trump narrative. The latest...

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Comey Releases Prepared Testimony: “I Hope You Can See Your Way To Letting...

Ahead of tomorrow's much-anticipated testimony, former FBI Director James Comey has released his prepared remarks. Comey make no accusations but he does outline how he had concerns with some of...

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“Enough To Kill 5 Million People”: Authorities Make One Of Biggest Fentanyl...

The Acting United States Attorney for the District of Nebraska announced earlier this morning that a joint force involving both the Drug Enforcement Administration and Nebraska State Patrol made one of...

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Here’s How Much Each HSBC Trader Made In Their FX Front-Running Scheme

Last week we wrote about how some former HSBC FX traders, led by Mark Johnson, orchestrated a carefully crafted plan to front-run a massive buy order for British Pounds using the code phrase “my watch...

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