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Lemon makes a natural skin whitener and a sun-tan removing liquid. Just squeeze a few lemons for juice, mix it in milk and apply, wash with normal water after 15 minutes. Your skin feels and looks great!
Major hedge funds including Magnetar, Tricadia, Harbinger Capital, George Soros, and John Paulson made billions of dollars each by betting against mortgage securities as the bubble ended, and all of them worked closely with Wall Street in order to do so.
A memo to one of these in 2005 contained the following, in large boldface type: “Not to do: ever enter into a direct contact with Bernard Madoff!!!”JPMorgan Chase had more evidence, because it served as Madoff’s primary banker for more than 20 years
For example, quarterly presentations to investors are nearly always made by the CEO or chief financial officer of the firm; if lies were told in these presentations, or if material facts were omitted, the responsibility lies with senior management.
Unlike investment banks, however, they couldn’t make serious money by securitising loans and selling CDOs (collateralised debt obligations), so they had to wait until the bubble was about to burst and make their money from the collapse.
What is this, if not organised?As time passes, criminal prosecution of bubble-era frauds will become even more difficult, even impossible, because the statute of limitations for many of these crimes is short — three to five years.
The Securities and Exchanges Commission has been deservedly criticised for not following up on years of complaints about Madoff, many of which came from a Boston investigator, Harry Markopolos, whom they treated as a crank.
Every year, about 50,000 people are arrested in New York City for possession of marijuana — most of them ordinary people, not criminals, whose only offence was to accidentally end up within the orbit of a police officer.
It also provides that racketeers must forfeit all ill-gotten gains obtained through a pattern of criminal activity, and allows government prosecutors to obtain pre-trial restraining orders to seize defendants’ assets.
It also provides that racketeers must forfeit all ill-gotten gains obtained through a pattern of criminal activity, and allows government prosecutors to obtain pre-trial restraining orders to seize defendants’ assets.
It also provides that racketeers must forfeit all ill-gotten gains obtained through a pattern of criminal activity, and allows government prosecutors to obtain pre-trial restraining orders to seize defendants’ assets.
And we therefore know that many on Wall Street realised there was a huge bubble by late 2006, because that’s when they started massively betting on its collapse.
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