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Demonstrating America’s extreme vulnerability to activist-driven hackers, the New York Stock Exchange was shut down for most of the day 3 days ago. The lying mainstream media, of course, has rolled out a pathetic (yet hilarious) cover story on all this, claiming there was no hack. Instead, the NYSE is just wholly incompetent and can’t run its own computer systems reliably.
Source – naturalnews.com
– Demonstrating America’s extreme vulnerability to activist-driven hackers who are trying to make a point, the New York Stock Exchange was shuttered for most of the day yesterday, stalling out hundreds of billions of dollars in trades.
The lying mainstream media, of course, has rolled out a pathetic (yet hilarious) cover story on all this, claiming there was no hack. Instead, the NYSE is just wholly incompetent and can’t run its own computer systems reliably, we’re told.
Apparently, it would be far worse to admit that Anonymous hackers were able to shut down the NYSE at will, bringing Wall Street to its knees without even being anywhere near Wall Street. “International hacking group Anonymous wished Wall Street ill the night before the New York Stock Exchange temporarily suspended trading on all securities,” reports The Hill. “Anonymous has previously targeted Wall Street and made headlines in 2011 when…
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This reminds me of past scandels-Former New York Stock Exchange chairman Dick Grasso struck back at the exchange this morning, filing a suit against the NYSE for at least $50 million for breach of contract and defamation of character.
Grasso also sought the dismissal of part of a lawsuit filed against him by New York Attorney General Eliot L. Spitzer. Spitzer went to court in May, demanding that the former NYSE chairman return over $100 million of the $139.5 million paid to him by the exchange last year.
Now the owners of NYSE (ICE) 80% held by Goldman Sachs and Morgan Stanley They got it cheep from asses of Enron -Shortly after the company approached Enron to be a client, Enron started its own competing electricity trading platform, which dominated the market. Enron’s market model was to buy to every seller and sell to every buyer. Wall Street bankers, particularly Goldman Sachs and Morgan Stanley, backed him and he launched ICE in 2000 (giving 80 percent control to the two banks who, in turn, spread out the control among Shell, Total, and British Petroleum. When Enron’s exchange collapsed in 2001 in the Enron scandal, ICE’s business exploded.
Since then the company has expanded including the following acquisitions:
International Petroleum Exchange in 2001[5]
New York Board of Trade in 2006[5]
Creditex in 2008
The Clearing Corporation in 2009
Climate Exchange in 2010
NYSE Euronext in 2013
In November 2013, ICE announced its acquisition of Singapore Mercantile Exchange[9]
SuperDerivatives in 2014
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Sounds like a lot of the people running the NYSE ought to be in jail.
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