"IT" Has Officially Begun!Monday, October 31, 2011 9:07 PM
Word from EVERYWHERE is that the global derivative implosion has begun and THERE IS NO STOPPING IT NOW!
It is now out in the open with MF Global and the dominoes are falling fast.
Here's the latest from Zerohedge.com:
Panic Behind The MF Scenes As Company Refuses To Disclose Information To Regulators Even In Death
http://www.zerohedge.com/news/panic-behind-mf-scenes-company-refuses-disclose-information-regulators-even-death
"Whatever MF is hiding is not something that will hurt it or much less its stakeholders for which the management team obviously never cared one iota. After all the company is already dead. Whatever is on its books has huge impacts to those either behind the corporate veil, read Mr. Corzine, who may or may not have regulatory issues arising from 10(b)-5 "concerns", or more probably, to other banks and Primary Dealers."
And there will be more...MANY MORE! The Quadrillion dollar derivative mess is unraveling as we speak. Time to get your last pennies out of the bank...if you still can.
We will kick ourselves for believing that paper and electronic blips were REAL assets. HA! And you thought those tulip bubble people were delusional...at least they ended up with nice gardens!
We European implosion can happen at any moment followed quickly by the US implosion. When this is over those with money "in the system" will end up with NOTHING!
All the pieces are in place. WE THE PEOPLE are ready to kick the banksters to the side of the Road!
All the best to you and yours.
Bix Weir
www.RoadtoRoota.com