InterQuest – management-buyout attempted robber barons try more spin, but it currently still means little
Published 17 days ago
iii, aka Interactive Investor, do not seem happy at being called total bastards for changing the terms for holding client money so that clients, that is mug punters like you and I, get more risk and iii gets more money. It says that this is not the objective of what is going on any anyhow other stockbrokers such as Hargreaves Lansdown and the Share Centre are doing the same thing. As such I am happy to clarify " I apologise for saying that iii are total bastards. I meant to say that iii like many other stockbrokers including Hargreaves Lansdown and the Share Centre are total bastards." The iii spokesman is keen that I put this all in context. iii's comments are in bold, my translation service is below.
Published 118 days ago
The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.
Published 302 days ago
A leading City broker today opined "Now for bashers of Chinese Aim stocks they can have a field day today with Asian Citrus Holdings and their announcement on why they are suspended." Bashers of Chinese AIM stocks? Bashers? For the thousands of private investors who have seen their pensions raped by China frauds as City advisors have banked vast fees and prospered let us put those words into context.
Published 309 days ago
Having had the run around from my Barclays team in Douglas, Isle of Man as I described on bearcast yesterday, I was advised to go to a Barclays branch in Bristol with two forms of ID to change its records of whom I worked for. As I had a dental appointment in town I walked to the main Barclays branch in central Bristol, at Broadmead, where the bastards then wasted another forty five minutes of my life with sheer incompetence.
Published 309 days ago
I reflect on how we gym users suffer and on how dealing with Barclays Bank as a customer has made me so angry today. I hate the banksters and make a few unkind comments about the Isle of Man. Then it is onto Feedback (FDBK) and a detailed look at Cyan (CYN) and an awful broker note you can read HERE from Beaufort which I tear apart. I really despair at how bent AIM has become. What is the point of being honest anymore?
Published 334 days ago
Author Jim Rickards recently did an interview with Sprott in which he opined that there will be a war, by the Central Banksters and big Western Governments on gold. It is fascinating stuff. Over to Sprott:
Published 363 days ago
On 28th July Lloyds Bank (LLOY) published decent enough interim results, hiked its payout by 13%, and announced that it was closing an additional 200 branches and firing 3000 banksters by the end of 2017. Naturally the BBC led the media in blaming Brexit for the job losses even though that was not what Lloyds stated at all. This is quite remarkable spin and lies from the left wing press and BBC. I see that, in some quarters, Lloyds stands accused of using Brexit as an excuse for cost cutting, that is wholly unfair.
Published 366 days ago
Sky News claims to have a source who says that Nomad and broker Cenkos (CNKS) is to be fined £700,000 by the FCA for its lamentable failings in the Quindell (QPP) fraud - Cenkos has now admiited that a probe is underway. Whilst I see this as another moment of vindication for my work in exposing that fraud it is simply not enough. The FCA is telling the City's banksters that turning a blind eye to white collar crime does pay. Its coke and hookers all round if this is the best that the FCA can do.
Published 396 days ago
No lightning strikes today, thank God. What was he punishing me for? I start by discussing Richard Poulden's excellent letter on why folks are so angry so backed Brexit, but it is a wider issue as you can read here. Then I discuss liquidity in an investment company's portfolio, ref Teathers Financial (TEA) and finally I challenge the banks to make good their Brexit threat to fire investment banksters. I will pay for a ticket to watch but I explain why it was always a spoof. It won't happen.
Published 458 days ago
I shall endeavour, as the owner of two shares, to gain admittance to the AGM of the London Stock Exchange tomorrow morning. Im coming up from Bristol so may be a few minutes late but I trust that Lucian will be there for the 10 AM kick off at the Banksters Hall but it seems that only 11% of you reckon that the crony capitalists will take my questions on AIM fraud. We asked how the LSE would treat me - having barred my last year as its press office lied: You said:
Published 500 days ago
Sam Antar's interview was the highlight of Gold & Bears. The guy is a comedy genius as well as a fraudster genius as you can see here. Today he is having a go at listed timeshare companies which are being touted by banksters at a JP Morgan conference as a new hot thing. Sam vs the banksters: I know who I'd back. As ever the man is a bit of a wit. Sam starts with this tweet:
Published 509 days ago
The old media loves picking up on our investigations, like Quindell or Chris Oil's oil empire, or Globo, which we love, except when they don't credit us, which we don't.
Published 531 days ago
I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxic Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.
Published 741 days ago
Martin Wheatley, the head of the FCA is to leave his job in September after the twat George Osborne refused to extend his contract. Wheatley is being shown the door and the spin is that he is being given the bullet because he was too tough on the banksters and on the financial services industry. George, pal, you are ‘avin a bubble.
Published 741 days ago
What delicious irony…next Friday the 24th is a holiday in Greece. It will be the 41st celebration of the day that the Colonels (the Junta) handed over power to the politicians. It is “restoration of Democracy Day”. Honestly. You could not make it up.
Published 751 days ago
I note the attack on me by my colleague Euro loon HERE. Like the heroic ex finance minister of the Hellenic Republic Yanis Varoufakis I regard such an attack from a supporter of the EU and Euro as a “badge of honour.” The zealots who believe in the Euro concoct facts to support their religion. They show no humanity in the face of undeserved misery. The Euro and EU is a dream for crony failed politicians, big business, useless parasitic bureaucrats and banksters. It is a combination of crony capitalism and socialism which screws ordinary taxpayers and benefits the elite. My analysis and solutions are pure capitalism – my critic (a bankster) is a crony capitalist. I care about the poor. My critic is heartless.
Published 753 days ago
The betting markets have a better record of calling elections than opinion polls in recent times and so take note - there have been heavy betting on Betfair in the past three hours - and that betting is on Oxi! winning here in the Greek Referendum. Hooray - that calls for an ouzo.
Published 756 days ago
Some folk say that it is better to travel than to arrive. I guess they have never travelled on a 5.45 AM Easyjet flight from Gatwick. But my first sight in Greece was a pure delight. I was wandering from the plane into the terminal behind this stunning Greek goddess wearing a light but long skirt. Suddenly a gust of wind caught her skirt blowing it right up above her waist. Little was left to the imagination. Okay that is not true - I imagined away. Sadly I have no photo of this daughter of Athena. But now in the centre of Athens I bring you the first poverty porn.
Published 758 days ago
Stocks are soaring across Europe on reports that Greek Prime Minister Alex Tsipras has blinked, has caved and surrendered to the banksters. Is his name indeed set to join those on Traitors Wall that starts with Ephialtes and includes most thieves, sorry Greek politicians, of the past forty years? The FT reports this morning that Tsipras has written to the banksters agreeing, essentially, to all their demands in return for more money which can then be used to repay existing debts as they fall due. This, if true, is madness and treachery.
Published 758 days ago
The Mrs has given me the green light and in fact is almost certain to join me as I head off to Greece ahead of Sunday’s referendum for a touch of riot porn and poverty porn blogging from Syntagma Square in Athens.
Published 762 days ago
High drama tonight as Greek PM Alex Tspiras has called a referendum for July 5: should Greece accept the misery of the latest proposals from the banksters or go bust? Events will move rapidly during the next eight days - we may well see the banks shut down as soon as Monday. Already there are long lines outside ATMs in Athens. Is Tsipras right to call a vote? Yes. What should my neighbours in Greece vote? No! They should vote for default and I hope that Tsipras will lead a campaign for such a vote. July 5th could be freedom day, independence day, a glorious day for the Hellenic Republic. It is time for Greece to tell the EU and the banksters where to stick it.
Published 763 days ago
The German Fuhrer Frau Merkel last night told Greek PM Alex Tsipras to “shut up.” Monsieur Trichet of the ECB accuses mighty Hellas of “blackmail”. And worst of all, leaders of the three main Greek opposition parties have been invited to Brussels for talks – a coup is being planned in the birthpace of democracy.
Published 764 days ago
The IMF banksters have made new demands of Greece which are just not acceptable. Will PM Tsipras finally show some spine and tell the banksters where to get off, default and offer hope and a future for a post bankrupt Greece. Or will he once again be a traitor to his nation and his people and cave? This is now getting very interesting. Once again I suggest Tsipras reads the great Lord Byron (HERE) and thinks about what could be for a Greece freed from the debt and the banksters.
Published 777 days ago
A pot pouri of a podcast today starting with the pronounciation pedant, the great Paul Scott. Then onto a cracking Zero Hedge article on how we should have treated the banksters in 2008 - we should have followed Iceland. Then on to Greece, Octagonal, Trap Oil, Nyota, Sefton, Afren, Alba Minerals, Monitise, Power Capital Global and Windar Photonics
Published 890 days ago
Hats off to Morgan Stanley which has made a quick £2 million plus killing in four working days. It correctly identified Quindell (QPP) shareholders as being among the stupidest people on this planet and it has played them like a kipper. It is all perfectly legal and for this Robin Hood in reverse raid on the lobotomy and strong brigade, hats off to the banksters.
Published 895 days ago
Individuals commit fraud not companies. We have lost that understanding over the past 30 years and that is the great failure of regulation for the banksters and the AIM casino. I discuss this concept and then go on to call for suspensions of individuals as well as trading in the shares for four companies: Quindell, Tern, Alpha Returns and Worthington.
Published 933 days ago
Shareprophets has been at the forefront of exposing the AIM cesspit and crony capitalism, but I'm afraid there is another scandal about to break at one of the UK's largest banks, owned in part by the tax payer. If you thought that the reputation of bankers couldn't get much lower, read on. They have clearly learned nothing about the way that we expect them to behave and, despite being involved in scandal after scandal, they still don't seem to be able to determine right from wrong.