Reply to: Goldman Sachs rules the world, not the governments

[DodgyAgent]

as sasguru

[Churchill]

But its different this time.

I like this bit...

The Yes Men said Mr Rastani was not connected with the group, however, The Yes Men's Mike Bonanno said Mr Rastani's comments were suspicious.

He told the BBC: "People in power don't speak that way. But who cares if he is or is not real. What we should be paying attention to is our own surprise at hearing his words."

Mr Bonanno said that "real industry insiders ... usually remain silent about the way the system works".

"They obscure their actions with technical jargon and deceit. They have to, because when people find out what is going on - when it is spoken in plain language - there is widespread outrage."

[Mich the Tester]

Something makes me suspect that this Alessia Notayesman Rastani is actually a scared little man. He's put himself into debt to buy all sorts of gold, put options and CDS's and whatever other investments that can benefit from panic, a big market collapse or recession, and now he's rather scared that it might not happen; if we don't get this financial disaster rather soon, he's going to lose his shirt. Logical then that he would try to cause panic.

[BrilloPad]

But its different this time.

[DimPrawn]

According to the Torygraph he lives in a mortgaged £200K semi that's in his GF's name. The company he owns is about 10K in debt after 4 years trading.

Seems his mouth is much bigger than his wallet.

He probably posts on here.

as sasguru

[Pondlife]

Is Alessio Rastani actually one of The Yes Men? · TheJournal

BBC News - Trader was not a hoaxer, says BBC

A financial trader who appeared on the BBC and said he dreamed of making money from another recession was not a hoaxer, the broadcaster has said.

According to the Torygraph he lives in a mortgaged £200K semi that's in his GF's name. The company he owns is about 10K in debt after 4 years trading.

Seems his mouth is much bigger than his wallet.

He probably posts on here.

[doodab]

I know a couple of guys who work on or with systems designed to support 'volatility trading' which essentially involves trading in order to profit from volatility. They don't care if the price of the underlying assets are going up or down as all of that is hedged out, the profit is purely in changes in option prices due to changes in volatility.

No doubt a spekulant will be along later to explain how this drives efficient distribution of capital and makes us all rich.

[SimonMac]

BBC News - Trader was not a hoaxer, says BBC

A financial trader who appeared on the BBC and said he dreamed of making money from another recession was not a hoaxer, the broadcaster has said.

[Mich the Tester]

In fact until the "Representation of the People Act 1928" voting was still limited to male land owning voters or those renting high value properies.

Should have stayed that way.

[Paddy]

When we have 5000 years of history, I will agree with you but seeing as democracy arrived with the parliamentarians and votes for land owners after a civil war, and that we only started letting the labour force vote at the turn of the last century. Actual, real democracy for all in this country is quite young.

In fact until the "Representation of the People Act 1928" voting was still limited to male land owning voters or those renting high value properies.

[Mich the Tester]

I've never really been convinced that Robert Peston isn't a hoax.

You mean...ROBERT PESTON IS A YESMAN!

[dang65]

Robert Peston has spoken to him again and seems convinced he's genuine, and if he's not, he's still saying things that real traders are saying to Peston.

I've never really been convinced that Robert Peston isn't a hoax.

[Bunk]

What's all the fuss about, there I said it in 2009.

I think the fuss is about his "greed is good" attitude and his complete disregard for the rest of society as long as he's making money. That's why people think he's a fake, but you don't have to go far in the City to find people just as repulsively greedy as him. Actually, you don't have to go far on this forum...

[sasguru]

Is Alessio Rastani actually one of The Yes Men? · TheJournal

Well he certainly gets to wind up mugs like PooperScooper

[Bunk]

Is Alessio Rastani actually one of The Yes Men? · TheJournal

Robert Peston has spoken to him again and seems convinced he's genuine, and if he's not, he's still saying things that real traders are saying to Peston.