Investors again riot in Bangladesh over stock market plunge

  • Rate this Story
  • 0
  • 0

By Staff Reporter | January 10, 2011 9:35 AM EST

In a repeat of a similar scenario from last month, thousands of Bangladeshi investors rioted on the streets of Dhaka, angry after incurring huge losses on the stock market.

The Dhaka Stock Exchange was halted after falling by 9.25 percent in less than an hour – the largest one-day decline in its history. That followed a 6.7 percent drop in Sunday trading.

Reuters
Investors beat the driver of a car during a clash around the Dhaka Stock Exchange in Dhaka

Subscribe to The Economic Monitor

Subscribe to The Economic Monitor to get the day’s most relevant news, data and anlaysis .
Sample

While the Dhaka benchmark index surged about 80 percent in calendar 2010, it has plunged 27 percent since early December.

The Bangladesh government regulator, the Securities and Exchange Commission, met on Monday with bankers and institutional stockbrokers to discuss how to prevent the market from incurring additional sharp losses.

Protests have also spread to the coastal city of Chittagong which has its own stock exchange.

Rumors have abounded that large institutional investors have abandoned the market after recording big gains, prompting other investors to exit equities. The pull-out was also precipitated by regulators’ decision to limit the percentage of deposits that banks may invest in the equity markets.

However, on Sunday morning regulators raised the bank loan ceiling of 100 million taka (about $1.43 million) for investing in the stock market and removed many other restrictions.

Many small investors believe the hard market declines are the result of manipulation by the government and large investors.

“The government will certainly look into if there is any manipulation,” said Bangladesh Finance Minister Ama Muhith.

Advertisements

God help the day i ever have to look back and explain this to anybody, more so so i cant deny it i guess. Ashley turtons car gets blown up in her garage, the morning of a merger deal, then the stock plummets and SEC saves it some how ? article below…fuck

 

O yea and now its the largest energy company in the us…

 

Latest Flash Crash a Fat Five-Fingered Slap to Investors

Stock quotes in this article:PGN

NEW YORK (TheStreet) — There’s been a lot of talk about “fat fingers” this year, what with all the mysterious flash crashes bedeviling the best minds of the markets. This week, after the latest flash crash hit shares of Progress Energy(PGN_), investors may have reached the point where the only fat finger they’re thinking about is their own middle finger, being raised in the face of the SEC and the exchanges.

There were actually two mysterious news items this week about Progress Energy.

On Monday, more than 4,000 Progress Energy customers were left without power after a snake slithered into a switch and shorted the circuitry. A faulty underground cable line sparked a power failure, and while crews were at work, a snake crawled in and shorted the circuits.

In the curious case of the snake and the circuitry, Progress Energy restored service in about two hours.

Investors, on the other hand, are still left in the dark about the latest flash crash, when shares of Progress Energy slid from $44.50 to $4.57 in a millisecond on early Monday afternoon, making the company’s stock chart look like a Robert Downey Jr. EKG printout during a night of partying.

These days, the slithering is coming from the exchanges and market regulators. There was much fanfare about the new circuit breakers after the events of May 6, yet the Progress Energy “mini-flash crash” shows that it’s the markets breaking down and the circuit breakers still malfunctioning. It’s becoming a bigger reason for Main Street investors to give up on competing with the high frequency trading monoliths now in complete control of the U.S. markets.

Let’s leave aside for the moment the growing conspiracy theories about the high frequency trading algorithms that are profiting while Joe The Investor gets shafted. Other than to note that the fact that the PR wings of the exchanges are now in the business of having to dismiss the high frequency trading conspiracy theories is enough to prove that the markets have a big problem on their hands if they want to keep Main Street money in the markets.

It’s not too much of a stretch to make this analogy: many people are afraid to fly, but few are afraid to fly because they doubt the control mechanisms of the air traffic control system. Many investors have their doubts about the latest biotech stock, but few are afraid to invest as a rule because they don’t trust the markets to function effectively. Well, that’s not the case anymore with the latest flash crash in shares of Progress Energy.

Too much mess, egad 43 loughner was a member of ATS, second guessed moon landings, create your own world, govt rules us, we are slaves….all that stuff, glock 19 wtih 31 round mag legal in az.

Giffords youtube site, official one, was only subscribed to two people, and one was loughners youtube channel, MSM is catching up now and people are starting to see something bad. Ashley Turton dies in a car fire in her garage in a bmw BEFORE LEAVING THE GARAGE its a new model bmw, battery in rear, theres nothing to catch on fire and they have locking fuses to kill power in an accident ive had many. This is fucking retarded.

And apparently the pole has shifter 10 degress and will accelerate ? wtf man

 

 

Ashley Turton, Congressional Affairs Director, Found Dead In Burning Car: Politico

First Posted: 01-10-11 11:57 AM   |   Updated: 01-10-11 01:02 PM

What’s Your Reaction?

share this story

471
1,221views
Ashley Turton Dead
Get Politics Alerts

Ashley Turton, director of congressional affairs for Progress Energy, was found dead in a burning car Monday morning in Washington, Politico reports. Turton’s husband is White House deputy director of House legislative affairs, Dan Turton.

According to the Washington Post, “a preliminary investigation indicated that the car crashed into the garage of a home in the 800 block of A Street SE.”

Roll Call reports that neighbors say the fire started at approximately 5:00 AM. “[Metropolitan Police Lt. Nicholas] Breul said fire officials were at the scene two minutes after neighbors dialed 911. When the fire was extinguished, firefighters discovered Turton’s body inside the car.”

More to come…

This guy just went and killed a federal judge, shot a congresswoman in the head and several other people, videos seem too smart for all this, was it really too much to handle ? New currency and mind control is on the right path, if you did it once you can do it again…

wtf man this shit is nutty….myspace page is gone, trying to keep the youtubes, cant wait till it makes it in the news wtf is on his pages

http://www.youtube.com/user/Classitup10#p/a/u/2/PnNx0WThoF0

nibiru blocked on google sky

Posted: January 6, 2011 in Uncategorized

coordinates blocked black square at  5h 33m 27s, -6 10′ 58   checked just now and it has overlayed box around M42 orion and close by, very odd, high heat showing on microwave map

http://www.youtube.com/v/l_tUFBOtMJM?fs=1&hl=en_US

End of Days in May? Believers enter final stretch

‘A lot of people might think, ‘The end’s coming, let’s go party.’ But we’re commanded by God to warn people’

    Below:

Image: Allison Warden poses with her car

Gerry Broome  /  AP file

Allison Warden poses with her car showing a message about the Rapture. Warden, 29, has been helping organize a campaign using billboards, postcards and other media in cities across the U.S.
By TOM BREEN
updated 1/3/2011 6:08:55 AM ET 2011-01-03T11:08:55

RALEIGH, N.C. — If there had been time, Marie Exley would have liked to start a family. Instead, the 32-year-old Army veteran has less than six months left, which she’ll spend spreading a stark warning: Judgment Day is almost here.

Exley is part of a movement of Christians loosely organized by radio broadcasts and websites, independent of churches and convinced by their reading of the Bible that the end of the world will begin on May 21, 2011.

To get the word out, they’re using billboards and bus stop benches, traveling caravans of RVs and volunteers passing out pamphlets on street corners. Cities from Bridgeport, Conn., to Little Rock, Ark., now have billboards with the ominous message, and mission groups are traveling in countries from Latin America to Africa to spread the news outside the U.S.

    1. 2 injured by packages in Md. state offices Updated 39 minutes ago 1/7/2011 1:28:16 AM +00:00 Two small packages that ignited at Maryland state government buildings, slightly burning two people, contained messages from someone upset about road signs, NBC News reported. Full story

    2. Protests grow over treatment of Bradley Manning
    3. Puerto Rico town struggles to heal from fatal fire
    4. Updated 113 minutes ago 1/7/2011 12:15:02 AM +00:00 US releases Algerian prisoner from Guantanamo
    5. Williams cheers departure of NPR exec who fired him

“A lot of people might think, ‘The end’s coming, let’s go party,'” said Exley, a veteran of two deployments in Iraq. “But we’re commanded by God to warn people. I wish I could just be like everybody else, but it’s so much better to know that when the end comes, you’ll be safe.”

In August, Exley left her home in Colorado Springs, Colo., to work with Oakland, Calif.-based Family Radio Worldwide, the independent Christian ministry whose leader, Harold Camping, has calculated the May 21 date based on his reading of the Bible.

She is organizing traveling columns of RVs carrying the message from city to city, a logistics challenge that her military experience has helped solve. The vehicles are scheduled to be in five North Carolina cities between now and the second week of January, but Exley will shortly be gone: overseas, where she hopes to eventually make it back to Iraq.

“I don’t really have plans to come back,” she said. “Time is short.”

‘Definitely against the grain’
Not everyone who’s heard Camping’s message is taking such a dramatic step. They’re remaining in their day-to-day lives, but helping publicize the prophecy in other ways. Allison Warden, of Raleigh, has been helping organize a campaign using billboards, postcards and other media in cities across the U.S. through a website, We Can Know.

The 29-year-old payroll clerk laughs when asked about reactions to the message, which is plastered all over her car.

“It’s definitely against the grain, I know that,” she said. “We’re hoping people won’t take our word for it, or Harold Camping’s word for it. We’re hoping that people will search the scriptures for themselves.”

Camping, 89, believes the Bible essentially functions as a cosmic calendar explaining exactly when various prophecies will be fulfilled.

  1. Only on msnbc.com
    1. Boehner on ‘birthers’: Obama was born in U.S.
    2. Children of rape: Latest legacy of Haiti quake
    3. Stop the waterworks, ladies. Crying isn’t sexy
    4. Key senator hints at debt ceiling strategy
    5. Fractured Android leaves orphan tablets behind
    6. Photos: Glimpses of CES 2011, Las Vegas

The retired civil engineer said all his calculations come from close readings of the Bible, but that external events like the foundation of the state of Israel in 1948 are signs confirming the date.

“Beyond the shadow of a doubt, May 21 will be the date of the Rapture and the day of judgment,” he said.

The doctrine known as the Rapture teaches that believers will be taken up to heaven, while everyone else will remain on earth for a period of torment, concluding with the end of time. Camping believes that will happen in October.

“If May 21 passes and I’m still here, that means I wasn’t saved. Does that mean God’s word is inaccurate or untrue? Not at all,” Warden said.

Great Disappointment
The belief that Christ will return to earth and bring an end to history has been a basic element of Christian belief since the first century. The Book of Revelation, which comes last in the New Testament, describes this conclusion in vivid language that has inspired Christians for centuries.

But few churches are willing to set a date for the end of the world, heeding Jesus’ words in the gospels of Mark and Matthew that no one can know the day or hour it will happen. Predictions like Camping’s, though, aren’t new. One of the most famous in history was by the Baptist leader William Miller, who predicted the end for Oct. 22, 1844, which came to be known as the Great Disappointment among his followers, some of who subsequently founded the Seventh Day Adventist church.

“In the U.S., there is still a significant population, mostly Protestant, who look at the Bible as kind of a puzzle, and the puzzle is God’s word and it’s predicting when the end times will come,” said Catherine Wessinger, a professor at Loyola University in New Orleans who studies millennialism, the belief in pending apocalypse.

“A lot of times these prophecies gain traction when difficulties are happening in society,” she said. “Right now, there’s a lot of insecurity, and this is a promise that says it’s not all random, it’s part of God’s plan.”

Past predictions that failed to come true don’t have any bearing on the current calculation, believers maintain.

“It would be like telling the Wright Brothers that every other attempt to fly has failed, so you shouldn’t even try,” said Chris McCann, who works with eBible Fellowship, one of the groups spreading the message.

For believers like McCann, theirs is actually a message of hope and compassion: God’s compassion for people, and the hope that there’s still time to be saved.

That, ultimately, is what spurs on Exley, who said her beliefs have alienated her from most of her friends and family. Her hope is that not everyone who hears her message will mock it, and that even people who dismiss her now might still come to believe.

“If you still want to say we’re crazy, go ahead,” she said. “But it doesn’t hurt to look into it.”

John Wheeler, highly decortaed, video of him all distorted online in a police station or dupont bldg, yelling about stolen briefcase and whatnot. Found brutally murdered in a landfill the next day….chemtrails released phosgene accidentally on way back to iraq in kc767 killed all birds. Injected into ground at fort bluff and killed all the fish.

 

 

PHOSGENE BIOLOGICAL WARFARE MAKES MORE SENSE THAN WHAT “THE TALKING HEADS” ARE SAYING RE: John P. Wheeler III

Posted By: watcher51445
Date: Tuesday, 4-Jan-2011 09:33:26

PHOSGENE BIOLOGICAL WARFARE MAKES MORE SENSE THAN WHAT “THE TALKING HEADS” ARE SAYING RE: John P. Wheeler III

Sorcha Faal wrote: January 4, 2011. Top US Official Murdered After Arkansas Weapons Test Causes Mass Death

Re: John P. Wheeler III, Special Assistant to the Secretary of the Air Force, Washington, D.C. from 2005-2008, when he became the Special Assistant to the Acting Assistant Secretary of the Air Force for Installations, Logistics and Environment, was found brutally murdered and dumped in a landfill, and as we can read as reported by the Fox News Service:

quote:
Wheeler’s military career included writing one of the most important manuals on the effectiveness of biological and chemical weapons which led to his being hired in 2009 as a consultant to the Mitre Corporation, whose aviation system development department, the GRU reports, is at the forefront of creating the computer command and control systems used by the US Air Force in their fleet of aerial spraying planes. [photo 2nd left]

These aerial spraying planes, this report continues, are based at the Little Rock Air Force Base in Arkansas that over the past few months have been involved with ‘test dispersants’ of poisonous gasses in the Afghanistan War Theater using chemical weapons stocks obtained from Iraq and held at the Pine Bluff Arsenal, also located in Arkansas.

Important to note about the Pine Bluff Arsenal, which calls itself “America’s Arsenal”, is that it is one of the World’s most specialized munitions and chemical-biological defense products and services bases which Russia had previously accused of not fully reporting the chemical agents removed from Iraq, between 2003 and 2008, and taken to the US for testing and subsequent destruction.

According to this report, the US relocated from Iraq to the Pine Bluff Arsenal an estimated 63,000 metric tonnes of the poisonous gas Phosgene that is described as one of the most feared chemical weapons ever used due to its ability to literally cause the lungs and respiratory system to explode.

Nearly immediately after Russia accused the US this past summer of not fully destroying Iraq’s Phosgene poisonous gas stockpile the Pine Bluff Arsenal began an ‘accelerated’ disposal programme injecting it deep into the ground in central Arkansas, but which, unfortunately, since this past September, has caused over 500 minor earthquakes to occur raising the concerns of their local population.

More frightening, however, is the claim made in this report that the Americans have also begun shipping ‘massive quantities’ of Iraq’s Phosgene poisonous gas stocks to Afghanistan where when used they will be able to say they had nothing to do with it, and believe no one will be able to prove it either.

Important to note about Iraq’s Phosgene poisonous gas stocks are that they are no longer able to be made by any Western country, including the United States, which makes its value as a Weapon of Mass Destruction (WMD) incalculable, especially in a war situation like Afghanistan where the enemy forces are firmly entrenched in hostile terrain.

To the direct reason for Wheeler’s murder, this report says, was this past week’s transport of Iraqi Phosgene poisonous gas aboard a US Air Force KC-767 tanker aircraft from Little Rock Air Force Base enroute to Afghanistan that shortly after takeoff had a ‘critical malfunction’ of its aerial spraying computer directed command and control system over central Arkansas causing the deaths of thousands of red-wing blackbirds.

According to US reports an estimated 5,000 of these birds were killed outright and were quickly removed by US Environmental Services workers wearing hazmat suits and gas masks. Another US report states that cause of death to these thousands of birds was “trauma in the breast tissue, with blood clots in the body cavity and a lot of internal bleeding” which this GRU report states is consistent with Phosgene exposure.

Even more chilling than this incident is this GRU report stating that it was the second “accidental” release of Phosgene poisonous gas in as many days, as the day before, this same US Air Force KC-767 tanker aircraft also had a “critical malfunction” causing a release over the Arkansas River that killed over 100,000 fish.

snip:

Nearly immediately after Russia accused the US this past summer of not fully destroying Iraq’s Phosgene poisonous gas stockpile the Pine Bluff Arsenal began an ‘accelerated’ disposal programme injecting it deep into the ground in central Arkansas, but which, unfortunately, since this past September, has caused over 500 minor earthquakes to occur raising the concerns of their local population.

More frightening, however, is the claim made in this report that the Americans have also begun shipping ‘massive quantities’ of Iraq’s Phosgene poisonous gas stocks to Afghanistan where when used they will be able to say they had nothing to do with it, and believe no one will be able to prove it either.

Important to note about Iraq’s Phosgene poisonous gas stocks are that they are no longer able to be made by any Western country, including the United States, which makes its value as a Weapon of Mass Destruction (WMD) incalculable, especially in a war situation like Afghanistan where the enemy forces are firmly entrenched in hostile terrain.

To the direct reason for Wheeler’s murder, this report says, was this past week’s transport of Iraqi Phosgene poisonous gas aboard a US Air Force KC-767 tanker aircraft from Little Rock Air Force Base enroute to Afghanistan that shortly after takeoff had a ‘critical malfunction’ of its aerial spraying computer directed command and control system over central Arkansas causing the deaths of thousands of red-wing blackbirds. read more http://www.whatdoesitmean.com/index1435.htm

WHAT IS THIS PHOSEGENE?

Hazard Summary-Created in April 1992; Revised in January 2000
Phosgene is used as a chemical intermediate; in the past, it was used as a chemical warfare agent. Phosgene is extremely toxic by acute (short-term) inhalation exposure. Severe respiratory effects, including pulmonary edema, pulmonary emphysema, and death have been reported in humans. Severe ocular irritation and dermal burns may result following eye or skin exposure. Chronic (long-term) inhalation exposure to phosgene has been shown to result in some tolerance to the acute effects noted in humans, but may also cause irreversible pulmonary changes of emphysema and fibrosis. Limited human studies indicate no increase in the incidence of cancer among workers chronically exposed to phosgene. EPA has classified phosgene as a Group D compound, not classifiable as to human carcinogenicity. INFORM YOURSELVES; MUCH MORE TO READ: http://www.epa.gov/ttn/atw/hlthef/phosgene.html

——————————————————————————–

VKD: Question: JUST WHO IS THIS “MITRE Corporation”

Snip: “In January 1959, 485 employees from the Massachusetts Institute of Technology’s MIT Lincoln Laboratory[2] transferred to a special not-for-profit corporation called MITRE. The corporation’s origins, however, date back to the early 1950s as Division 6 at Lincoln Laboratory, which was headed by former President and Honorary Board of Trustee member Robert R. Everett. It was here that a revolution in technology occurred with the development of the Semi-Automatic Ground Environment (SAGE) for the United States Air Force. SAGE, a continental air defense system, became the first electronic command and control system. Its function was to monitor United States airspace along its borders. MITRE was created as a result of a request by the Air Force for a company to handle SAGE integration.

“The name MITRE was chosen by one of the original incorporators for its neutrality and positive feel. Some have suggested the choice was based on one meaning of mitre, ‘the fitting together of surfaces.’ Others have suggested that the first three letters also helped to honor MIT and the original MITRE staff. Perhaps both factors came into play.
“C.W. (Hap) Halligan, from Bell Laboratories, was elected the corporation’s first president, while H. Rowan Gaither was named the first chairman of the Board of Trustees. In the beginning, MITRE occupied a series of buildings, including the Ring Building in Arlington, Massachusetts, before settling in Bedford in 1959.”

“Less than a year after its founding, the need to locate near the Pentagon dictated the establishment of a liaison office in Virginia. MITRE expanded again in 1963 after the FAA gave the company system engineering responsibility for the projected National Airspace System (NAS). Approximately 20 employees transferred to 108 North Fairfax Street in Alexandria, Virginia. One week later, the Defense Communications Agency announced that it would be assisted by MITRE on the National Military Command System resulting in the transfer of more than 20 additional employees to Virginia. Former President Dr. Charles A. Zraket, then technical director of the Virginia operations, organized the new operation. Today it occupies complexes in McLean and Reston, Virginia.”

“MITRE’s first site opened in September 1958 at Eglin Air Force Base, Florida, in support of SAGE Bomarc tests. MITRE’s first foreign office was located in Wiesbaden, Germany, and opened on March 8, 1962. Now, more than 40 years later, MITRE’s fingerprints can be found on command and control systems all over the world.”

According to the Mitretek Systems’s history, Mitretek links its origin to The MITRE Corporation. MITRE was itself spun off from the Massachusetts Institute of Technology (MIT) Lincoln Laboratory which began in the 1950s as the Lincoln Project at MIT. The Lincoln Laboratory was created to develop ground radar air defense systems for the United States. The MITRE Corporation was established as the “system engineer and overseer for the development of this highly complex system.”

Also see Private Government Corporation. http://www.sourcewatch.org/index.php?title=Private_Government_Corporation

And lets not forget to include President G.H.W. Bushs EX ORD 12803.. sell off-privatization which allows PRIVATE GOVERNMENT CORPORATIONS.. Executive Order 12803 – Infrastructure Privatization. George Bush
The White House, April 30, 1992. Source: http://www.presidency.ucsb.edu/ws/?pid=23625