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From: heinz443/17/2012 4:37:52 PM
   of 142263
 

March 16, 2012, at 12:16 pm
by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,

At 11:30am this morning the Whistle Blower comment reported yesterday was deleted from the CFTC web page.

According to comments made in the euro press, the Fed is in arrears concerning gold audits due to countries storing gold with the New York Federal Reserve Bank.

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From: heinz443/17/2012 4:41:53 PM
   of 142263
 
Goldman Should Be Barred From Returning More Capital, Bair Says

Goldman Sachs Group Inc. (GS) should be prohibited from boosting its dividend or repurchasing stock because Federal Reserve stress tests showed the investment bank is too leveraged, according to former regulator Sheila Bair.

Sheila Blair...................isnt she the one the financial wizzards thru the help of usa politicos got rid of







bloomberg.com 

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From: heinz443/17/2012 4:44:09 PM
   of 142263
 
Jim Sinclair’s Commentary

In the economic sense, this is nuclear even if only selective at the inception.

The Banks named for all intents and purposes are put out of business.

SWIFT instructed to disconnect sanctioned Iranian banks following EU Council decision
Published on 15 Mar 2012

This article is also available in German

Brussels, 15 March 2012 – Following an EU Council decision, SWIFT is today announcing it has been instructed to discontinue its communications services to Iranian financial institutions that are subject to European sanctions.

The new European Council decision, as confirmed by the Belgian Treasury, prohibits companies such as SWIFT to continue to provide specialized financial messaging services to EU-sanctioned Iranian banks. SWIFT is incorporated under Belgian law and has to comply with this decision as confirmed by its home country government.

“This EU decision forces SWIFT to take action” said Lázaro Campos, CEO of SWIFT. “Disconnecting banks is an extraordinary and unprecedented step for SWIFT. It is a direct result of international and multilateral action to intensify financial sanctions against Iran.”
The EU-sanctioned Iranian financial institutions and the SWIFT customer community have been notified of the disconnection, which will become effective on Saturday 17 March at 16.00 GMT.


SWIFT has been and remains in full compliance with all applicable sanctions regulations of the multiple jurisdictions in which it operates, and has received confirmation of this from the competent regulatory authorities. As a global provider of secure messaging services, SWIFT has no involvement in or control over the underlying financial transactions that are contained in the messages of its member banks.

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From: heinz443/17/2012 4:46:16 PM
   of 142263
 
Jim Sinclair’s Commentary

When you turn your client into a counter party that client enters the cross hairs of the OTC derivative manufacturer.

In all probability, $3.4 billion is the price of tearing up the pieces of paper.

Italy Said to Pay Morgan Stanley $3.4 Billion
By Nicholas Dunbar and Elisa Martinuzzi – Mar 16, 2012 8:10 AM MT

When Morgan Stanley (MS) said in January it had cut its “net exposure” to Italy by $3.4 billion, it didn’t tell investors that the nation paid that entire amount to the bank to exit a bet on interest rates.

Italy, the second-most indebted nation in the European Union, paid the money to unwind derivative contracts from the 1990s that had backfired, said a person with direct knowledge of the Treasury’s payment. It was cheaper for Italy to cancel the transactions rather than to renew, said the person, who declined to be identified because the terms were private.

The cost, equal to half the amount to be raised by Italy’s sales tax increase this year, underscores the risk of derivatives countries use to reduce borrowing costs and guard against swings in interest rates and currencies can sour and generate losses for taxpayers. Italy, with record debt of $2.5 trillion, has lost more than $31 billion on its derivatives at current market values, according to data compiled by the Bloomberg Brief Risk newsletter from regulatory filings.

“These losses demonstrate the speculative nature of these deals and the supremacy of finance over government,” said Italian senator Elio Lannutti, chairman of the consumer group Adusbef.

The transaction may prompt regulators to push for greater transparency and regulation of how governments use derivatives, said the head of the European Parliament panel that deals with market rules.

More…


prompt regulators to push for greater transparency and regulation ...How many times have I heard that
IMO exactly the opposite is done
So get ready for another 10,000 page "bill" which will contain a lil "pork" impeding business and doing fall about transparency

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From: heinz443/17/2012 4:54:50 PM
1 Recommendation   of 142263
 
UP and UP she goes - where she stops nobody knows



I am becoming more and more convinced that the US Monetary Authorities have engaged in a process which is resulting in the formation of another bubble, this time once again in the US equity markets. Think back over the last decade+ and what we have seen occur in the US financial markets beginning at the height of the stock market bubble that popped in 1999.


traderdannorcini.blogspot.ca 

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To: heinz44 who wrote (93700)3/17/2012 7:15:52 PM
From: E. Charters
   of 142263
 
Fortunately I checked out the institution I work for and it was only built for killing time. Automatically therefore I am only guilty of contributing to wanton waste. and profligacy. As governments go it is nothing serious.

I never fear being hunted down by taxpayers who are slowly being bled dry as they have been professionally hypnotized and are in an advanced state of narcolepsis. You can walk down the Weeper Bahn and see their pitifully starved bodies with their bony hands sticking out of their barred basement windows, plaintively begging for alms while their dirty faced children cry in the background. (The water is all polluted by government alternative energy work programs and is no longer fit for even washing). Every once in a while I kick some dirt in their windows.

I was thinking of becoming an electro-therapist at Guantanamo as they were looking for sado-masochists. The work was fulfilling. I found the pay was shockingly bad though and there was always the chance of your hand slipping on the electrodes and getting seriously burnt. I was not really qualified but I had read The Persecution and Assassination of the Marquis de Sade by the Inmates of the Asylum at Charenton one night at a Holiday Inn and had a certain moral flexibility learned from watching Hollywood Action flicks. I could also imitate a German/South African accent convincingly and this was good for getting confessions before I even started unpacking the cables.

I once thought that Demanjuk could not have killed people with tank exhausts as the Mann engines of the Mk IV's used diesel. I found out they used gasoline mostly and would produce plentiful CO. Plausible.

EC<:-}

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To: Rocket Red who wrote (93696)3/17/2012 8:46:52 PM
From: fringe
   of 142263
 
Yes, & You Got the Heads Up @ .84

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To: Lhn5 who wrote (93681)3/17/2012 10:23:51 PM
From: E. Charters
   of 142263
 
'sbrakeup.

Cept for that idss wunnerful.

You can drill, but can you get the drill O_U_T?

EC<:-}

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From: heinz443/18/2012 6:44:18 PM
   of 142263
 
What the meaning of the word "is" is !!!!


Morgan Stanley's Failure To Segregate Client Assets Creates Default Risk

March 18, 2012 | 19 commentsby: Avery Goodman | includes: GLD, IAU, MS, PHYS, PPLT, SIVR, SLV

seekingalpha.com 

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To: Rocket Red who wrote (93691)3/19/2012 8:04:26 AM
From: Chunger
   of 142263
 
CTW news....

Catch the Wind Launches Production of Vindicator® OCS with Sanmina-SCI, a Tier 1 Engineering and Manufacturing Solutions Partner


Catch the Wind Launches Production of Vindicator® OCS with Sanmina-SCI, a Tier 1 Engineering and Manufacturing Solutions Partner

CHANTILLY, VA, March 19, 2012 /CNW/ - Catch the Wind Ltd. TSX-V: CTW, providers of Vindicator® Optical Control Systems (OCS), and Sanmina-SCI, a leading manufacturing and engineering solutions company making some of the world's most complex and valuable optical, electronic and mechanical products, today announce the successful completion of the transfer of the OCS into volume manufacturing. The first completed OCSwas assembled and shipped from Sanmina-SCI's Kanata, Ontario facility on February 14, 2012.

"Getting the OCS into a solid manufacturing environment is another milestone in our company's history," said Jo Major, Interim President and CEO of Catch the Wind, Inc. "Working with a third-party manufacturer of Sanmina-SCI's quality allows us to execute better and focus on our core mission of using optical control to substantially improve the output power of the wind turbine. This move will increase our on-time shipping performance, improve our overall cost structure and provide us the critical path to quickly growing capacity as our demand increases. The production and assembly of the OCS at Sanmina-SCI's Kanata facility is the result of strong collaborative work between great technical teams. We look forward to continuing to work closely with Sanmina-SCI as production continues to ramp."

"We are committed to helping the clean technology market grow, and by partnering with innovative companies like Catch the Wind, we can help introduce and industrialize these important technologies quickly and efficiently," said Dave Dutkowsky, Executive Vice President of Communications Networks at Sanmina-SCI."The OCS requires sophisticated assembly and test procedures, and our deep expertise in custom engineering and manufacturing for complex optical products and sensors makes Sanmina-SCI an ideal partner."

Under the terms of the manufacturing services agreement Sanmina will produce and assemble the OCS at its state-of-the-art manufacturing facilities in Kanata, Ontario. Sanmina will also provide technical, engineering, design and other professional services related to the manufacture of the OCS.

The OCS is a "next generation" wind turbine control system for utility-scale wind turbines. From its position on top of the nacelle, the OCS simultaneously measures wind speed and direction in the free stream inflow ahead of the turbine and uses this information to optimize wind turbine performance, increasing energy output and reducing damaging stress loads.

About Catch the Wind Ltd.
Catch the Wind Ltd. is a high-growth technology company headquartered in Chantilly, Virginia. The company was founded in 2008 to develop and manufacture the OCS.

Catch the Wind serves the commercial market sector for optical based wind sensor systems, recognized as the "gold standard" in wind measurement. The Company is focused on becoming a major contributor in making clean, renewable wind energy more affordable and profitable. For more information, visit www.catchthewindinc.com or follow us on Twitter at www.twitter.com/CatchTheWindInc.

Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of Catch the Wind. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Catch the Wind believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Catch the Wind disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Catch the Wind Ltd.
Claudia Jaques
Vice President and General Counsel
703-956-6554
cjaques@catchthewindinc.com

TMX Equicom
Philip Dale
Investor Relations
416-815-0700 ext. 253
pdale@equicomgroup.com





Canada Newswire
March 19, 2012 - 7:00 AM EDT

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