SEC, FINRA Enforcement Roundup: $268M Insider Trading Scheme Busted

Submitted by Phil Rowen on Sat, 08/04/2012 - 10:06

 

Insider trading, accounting violations, unsuitable and excessive trading charges, phony penny-stock investment 

 

July 27, 2012 • Reprints

 

Charges of insider trading in a secondary stock offering, accounting violations, insider trading around an acquisition and efforts by a phony company president to push a fake penny-stock investment were among enforcement actions taken by the SEC, while FINRA censured and fined a firm for a registered representative’s unsuitable and excessive trading in client accounts.

Barclays Execs Under Another Investigation

Submitted by Phil Rowen on Sat, 08/04/2012 - 09:44

 

 

Barclays raised a whole bunch of eyebrows when it released its earnings today—and in the process revealed, among other things, that current and former senior executives were under an investigation totally unrelated to the Libor. UK regulators are looking into whether the bank sufficiently disclosed details of the $11.45 billion cash injection it got from Middle Eastern investors during the 2008 financial crisis, the Wall Street Journal reports.

If that weren't enough, the company also revealed that it had set aside $705 million to cover misspelling of derivatives to small businesses, and that it was facing a number of lawsuits over the Libor scandal. On the call, departing Chairman Marcus Agius apologized yet again for that mess, and said he was working to find his own replacement, along with one to fill the hole left by former CEO Robert Diamond. "It is tempting to find a quick solution," he said. "It is important that the right selection is made."

Two newly discovered alien planets form closest known pair in the Universe

Submitted by Phil Rowen on Sat, 08/04/2012 - 09:24

ZME Science 

 

Kepler, a space telescope on a mission to find alien planets by measuring dips in the brightness of more than 150,000 stars, has come across a fantastic discovery. Two planets orbiting a distant star, which are closer to one another than any other two planets discovered thus far. Apparently, from the surface of the smaller planet, its neighbor would appear about the size of a 2.5 full-moon, while from the surface of the bigger planet, its dance partner would be the size of a full-moon. Indeed, this is a REAL SciFi scenario.

A salty ocean under Saturn’s moon surface

Submitted by Phil Rowen on Sat, 08/04/2012 - 09:17

ZME Science

 

Launched in 1997 on a mission to study Saturn and its satellites, the Casisni spacecraft reached the system in 2004. Since then it has provided numerous invaluable scientific findings regarding the second largest planet in our solar system, and other important scientific findings alike. One such finding was detailed in a recently published study, which speculate with strong backed up scientific evidence that there may actually be a subterranean liquid saltwater ocean under Saturn’s moon Enceladus.

Just one of Saturn’s 19 known moons, Enceladus has always been an impressive sight for both eyes and science. The potentially remarkable lead came after icy spray ejected from “tiger stripe” surface fractures at the moon’s south pole, were analyzed by Cassini’s  Cosmic Dust Analyser, or CDA. The device measured the composition of freshly ejected plume grains, which hit the probe at speeds of up to 11 miles per second, which lead to their vaporization. The constituents of the resulting vapor clouds were then separated and broken down by the CDA for researchers to analyze.

Suzanne Lie: The Nature of Ascension

Submitted by Lia on Sat, 08/04/2012 - 08:58

By Dr Suzan Caroll / Suzanne Lie – August 1, 2012

http://suzanneliephd.blogspot.co.uk/

 

Good Morning, we are Arquelle,

 

We are your fifth dimensional form within the costume of your third dimensional earth vessel. Mytre will soon begin his account of Pleiadian Ascension after I/we, Arquelle, give you a brief explanation about the nature of Ascension.

 

Since entering the unknown has a fearful quality, it is helpful to fully understand the Ascension process that your entire reality is NOW experiencing. Hence, we speak through you and not to you, so that all who are interested can receive our message.

 

The Pressures on President Obama

Submitted by Lia on Sat, 08/04/2012 - 08:54

2012 August 4

Posted by Steve Beckow

Today (Aug. 4, 2012) is the President’s birthday and no one is under more fire and pressure from the dark than he is.

 

Periodically the cabal floats rumors that the President has taken an action that threatens free speech or promotes the possibility of martial law, etc. One such announcement concerned what was billed as an agreement to turn the Internet kill switch over to the Department of Homeland Security. Archangel Michael corrected my interpretation of that announcement.

 

Steve: Lord, … I’d like to ask you about some late-breaking news stories that seem to deserve comment. One is that there’s a story up on the 2012 Scenario site that President Obama has signed an executive order turning control of communications over to the Department of Homeland Security.

 

Could you tell us what this move signifies, please? Why would the President hand the internet kill switch to DHS?

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