Why isn't the market catching on ? Older traders always said the markets are always right but I don't understand, GE Bonds are trading higher today, the 2039 one...
It's a gigantic fraud bigger then Enron when you read Harry's Thesis, he exposed them hard... Anybody who looked at the first 10 pages of Thesis knows it's clear as day, yet GE is flying today ? Has Passive investing and algo's created a very dumb system that buys until the last second of trouble then craters all at once ? Their bonds are getting junked into hell within weeks at latest, I don't get it... Is it literally about money flowing and front running ? What is going on with markets nowadays ? The sheer size of debt getting junked will start havoc in bond markets, nobody seems to care today or even talk about it
http://fm.cnbc.com/applications/cnb...9/8/15/2019_08_15_GE_Whistleblower_Report.pdf
It's a gigantic fraud bigger then Enron when you read Harry's Thesis, he exposed them hard... Anybody who looked at the first 10 pages of Thesis knows it's clear as day, yet GE is flying today ? Has Passive investing and algo's created a very dumb system that buys until the last second of trouble then craters all at once ? Their bonds are getting junked into hell within weeks at latest, I don't get it... Is it literally about money flowing and front running ? What is going on with markets nowadays ? The sheer size of debt getting junked will start havoc in bond markets, nobody seems to care today or even talk about it
http://fm.cnbc.com/applications/cnb...9/8/15/2019_08_15_GE_Whistleblower_Report.pdf
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