LDK Solar: Wall Street's 'Crash and Bash' Scheme

Frankly, there is little that is "rational" about LDK Solar (LDK) and this entire Wall Street bash and crash scheme, as started by Situ, perpetrated by Barron's and tag-teamed by GS, and now Lazard, and who knows next.

The mere fact that these companies (GS and Lazard) just "initiated" their opinions tells me they are simply part of the cadets that have been set-up to continue the "bash and crash" scheme. And the analyst's that actually have their names on these ratings, are little, two-bit cronies bending over to please their superiors.

The John and Jane Doe retail traders/investors are starting to see the ways of Wall Street more and more. Why do you think that the online brokers have fared so well - simply put, no one trusts the fee/commission based "stockbrokers" who used to control the gates to wall street.

But Wall Street will not go quietly; oh no - they now resort to what we see here with LDK. Blatant bashing and fear-mongering via so called new sources such as Barron's. First shorting the stock in a front-running scam, and then circling the wagons and shooting flares in the air saying "sell, sell, sell", while they are behind the wagons buying all the shares they can.

Wall Street is corrupt and immoral. These are not "bad" people; they are simply doing what one does when in Rome, which is eat, drink, screw (you), and then do it all over again.

LDK may well become the poster-child for the manipulation schemes that Wall Street plays with our money. But, in time, just as America as a whole is doing, Wall Street will lose its grip on the financial markets and wither into the abyss of "suckers" land.

By the way, Wall Street almost did implode in August when the credit markets came to a screeching halt - which is yet to be fully played out, and may yet cripple Wall Street forever. You see, when Wall Street dumped huge amounts of junk bonds/credit obligations on the world, and these obligations are then proven to be nothing but smoke and mirrors, and the agencies that rated these instruments lose their credibility, the world will not come back to the well again. Americans may be dumb enough to be taken time and time again by wall street, but foreign investors/countries, which already are propping up the USA vis-a-vi buying and holding ungodly amounts of treasury notes/bills, hold the table that supports the house of cards. And with one little tilt of that table, suddenly Wall Street, and the stability of the US dollar, is toast. And as quick as you can blink, the ability of Wall Street to do "business as usual" is gone by the wayside.

Disclosure: none

Comments

[Michael D:]

You forgot to add WSJ to your list of fornicating Romans.

2007 Oct 24 10:02 AM

[gridflash:]

Your post would have a little more credibility if the Chinese markets had the same level of transparency as the DJIA or the NASDAQ.

2007 Oct 24 09:21 PM

[MSA:]

Hi "grid..." "Transparency" - please understand, the word "transparency" is a business/political synonym for "look this way". I am sorry to call you on this, but it is naive to think/believe that there is any real true view into the board and conference rooms, the coffee conversations, and the "remember that favor" phone calls, that would be let by way of "transparency".

Plenty of bold-faced lies, to be sure; and lots of "feel good" verbage, and big smiles thrust on us; but truth?, no my friend, in the name of transparency, we will not find truth.

2007 Oct 24 11:18 PM

[alpha24seven:]

Terrible article. Obviously tainted by a position(s) with little to zero equilibrium. There are so many "implications" here. How about proving some with facts and not personal opinion on "how Wall St. works".

2007 Oct 30 09:34 AM