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DOW JONES INDUSTRIAL AVERAGE INDEX |
"but it all seems a little out there..."
it does seem like that
This is how you debase a securities market:
Note: For search purposes the date format is day/month/year (example:
24/05/1999 is read as May 24 1999).
24/05/1999 Al Gore backs aid to faith-based groups in speech to
Salvation Army facility in Atlanta.
The following is the political definition of "aid to faith-based
groups".
07/1999 Tyco wires $15 million to one of Kozlowski’s personal
accounts and $10 million to a personal account of Mr. Schwartz.
22/07/1999 (WSJ316) Texas Gov. George W. Bush tells an Indianapolis
audience that aid to faith-based groups will rally America’s “armies
of compassion” to solve social ills (this is a biblical metaphor).
Here comes a little more of Gore & Bush's "aid to faith-based groups".
08/1999 $38.5 million bonus paid in the form of loan forgiveness to
Schwartz ($12.5 million) and Kozlowski ($25 million) and $1 million to
another person. Note: Phillip Hampton (“dead-man defense”) chairman
of Tyco compensation committee.
The accounts of Kozlowski, Belnick, and Schwartz are all being filled
prior to the pilgrimage to Rome.
22/09/1999 Belnick files to sell 75,000 shares, worth an estimated
$7.5 million, that he acquired through an exercise of options and from
an employee benefit plan.
30/09/1999 (WSJ300) Belnick receives the first of several huge Tyco
payments: $3.4 million from the sale of restricted company shares.
The same day!
30/09/1999 Members of the organization of Catholic businessmen begin
their 1999 Pilgrimage to Rome with a Mass in the Church of Santo
Spirito celebrated by Archbishop John Foley. The Pilgrimage lasts
until October 07, 1999.
10/1999 Barbara Ley Toffler ends work at Arthur Anderson "four years
to the day" after she started.
10/1999 (WSJ101) Frank Savage Joins Enron’s board. He will be a
member of the board’s finance committee. He is also on the board of
Lockheed Martin Corp. WSJ reports this is the day after Enron
suspends ethics code for the second time. This move enables CFO
Andrew Fastow to head two controversial partnerships that kept
significant debt off of the books. Savage subsequently votes to
create other off-balance sheet vehicles and suspends the ethics code a
third time. (note: the IRS conspired to allow Enron to avoid taxes
since "Project Tanya" in 1996) Note: Harvard's Toffler ended work
with Arthur Anderson this month!
10/1999 (WSJ338) Enron launches Enron Online and racks up more than
$180 billion in transactions in the first year. Note: The IRS only
bills them for $64 million.
06/10/1999 Belnick emails Father McCloskey to say: “I’m sending you
my check for $2M for my pledge to the new Sanctuary/Alter in the
Catholic Information Center in Washington.” My note: Some of that
faith-based funding stuff is starting to enter the scene. Belnick is
actually laundering money between the church and Tyco.
Note: The "radical Islamic Muslim extremists" begin to wonder why a
Jewish attorney is laundering money from Tyco to Catholic
institutions?
06/10/1999 Wednesday October 06 1999; 05:02 pm Eastern Time; Yahoo
Message Board: TYC (Tyco); Post #4545; "The lawyer is shedding some
stock" "Probably buying a boat ... wonder what he knows?"
Washington October 06 (Reuters) - Mark Belnick, chief corporate
counsel and executive vice-president at Tyco International Ltd.
(NYSE:TYC - news), filed to sell about $7.5 million in stock, a
Securities and Exchange Commission filing said. Belnick filed
September 22 to sell 75,000 shares, worth an estimated $7.5 million,
that he acquired through an exercise of options and from an employee
benefit plan, the filing said.
06/10/1999 Tyco shares are up 1-1/8 to $106-1/8 on the NYSE.
See the next day!
07/10/1999 Date of the end of recent Legatus Pilgrimage. Note: The
Catholic Information Center in Washington looted Tyco, not Belnick.
Belnick was simply the courier.
Note: See next day!!!!!
08/10/1999 David Tice (Dallas-based market analyst) sends out report
regarding Tyco’s accounting practices. Note: In reality, the report
should have mentioned money-laundering but it didn’t. Note: This is
the day following the end of the Legatus pilgrimage. The check is in
the mail as of two days ago. The Catholic Information Center gets its
money. The Legatus "tough choices" are chosen. The beans can be
spilled.
13/10/1999 Tyco calls rumors “unfounded and malicious”. This is a
Wednesday (six days after the Legatus Pilgrimage).
29/10/1999 Tyco issues response to New York Times article. Note: The
NYT is (intentionally) debasing Tyco share value.
31/10/1999 EgyptAir crashes a half-hour after the plane takes off
from New York’s John F. Kennedy Airport.
11/1999 (WSJ300) Tyco accounting practices begin attracting
skeptical press reports. The SEC commission launches a probe.
The SEC is faking it.
02/11/1999 (WSJ300) Father McCloskey emails Belnick: “I pray you are
weathering well the Tyco tempest”.
05/11/1999 (WSJ300) Belnick emails Father McCloskey blaming the
government inquiry on “rumormongers”. He adds that Tyco’s woes were
“nothing compared to the problems of Mother Theresa’s earthly charges
or the glory of her boss.” (note: yet another biblical analogy to
white-collar crime)
05/11/1999 (WSJ27) WSJ reports the Senate overwhelmingly approved, by
a vote of 90-8 a landmark financial services overhaul of restrictions
in the Glass-Steagall law.
16/11/1999 George H. W. Bush and his wife sell 100,000 shares of
Global Crossing for $4.45 million.
12/1999 (WSJ563) Omar Sheikh is freed from an Indian Jail - where he
was serving time for kidnapping American (and British) citizens in
Delhi - in exchange for the release of 150 Indians whose flight had
been hijacked to Kandahar by Islamic terrorists. (According to an
eyewitness, Mr. Bernard-Henri Levy reports, Sheikh was received in
Kandahar by an ISI operative.)
09/12/1999 Tyco announces the SEC is conducting an informal inquiry
related to charges and reserves taken in connection with the company’s
acquisitions.
22/12/1999 Lawfirm Stull, Stull and Brody announce class action
against Tyco. Kaplan, Kilsheimer and Fox also file a class action
against Tyco in the district of New Hampshire. Other law-firms
include Bernstein, Liebhard and Lifshitz. Schoengold and Sporn.
Note: They are debasing Tyco stock value and they are rounding up who
knows what to make certain that knowledge of what really happened
stays.. at the tip of the iceberg.
10/03/2000 Nasdaq closes at 5048.62 after hitting an intraday high of
5132.52.
Mark Belnick and Warren Rudman had re-"structured" and "governed" the
NASD between 1994 and 1995.
24/02/2000 (WSJ300) Belnick laments in an email to Father McCloskey
that he lacks “spousal consent”.
28/02/2000 (WSJ300) Day Belnick had planned to convert to
Catholicism.