JPM, MS and GS throw down the gauntlet: “We will not allow the market to go down”

June 8, 2009 2:43 PM

JPM, MS and GS throw down the gauntlet: “We will not allow the market to go down”

Is there ANY group or groups who can collectively overcome the floor price on the S&P established by the big banks with financing from the FED? Is there ANY group with deep enough pockets to take control of the American economy away from them? Are you getting this Austan Goolsbee? These people need to be arrested! Larceny you can believe in… From Zero Hedge:

The house of Dimon doesn’t even care anymore that it SPY “micromanagement” looks like daylight rape and murder in central park. Can the Fed please just say what the FV for the S&P500 is so we can just fast forward to there?

One Comment on “JPM, MS and GS throw down the gauntlet: “We will not allow the market to go down””

ArkansasAngie says:

June 8, 2009 at 2:59 pm

The FEDury is playing with fire.

This picking pockets in broad daylight is going to land them in the frying pan.

the pivot point is breaking down like lead in a pencil. They’re bearing down too hard and it’ll break right off.

Treasuries will keep trending down (yield up) through tomorrow — no (public) FEDury purchases until Wednesday.

The joke’s up BB.

Obama there’s a fat lady who says she’s about ready to start singing. Too bad your change was an increase in the rate of thievery.