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Message: And Hank And Ben Looked At Their Handiwork And They Were Glad

And Hank And Ben Looked At Their Handiwork And They Were Glad

posted on Sep 08, 2008 01:52PM

http://www.financialsense.com/Market...

In what many folks might disregard as an unimportant revelation, the Bank of Montreal’s Don Coxe provided in his weekly web-cast to the bank’s institutional and private banking clients, a telling descriptive [transcript available here] of recent market events where he lays out how the Federal Reserve and the U.S. Treasury in conjunction wit the CFTC and SECRIGGED” the recent collapse in commodities complex and the accompanying bounce in financials to purposely destroy people who were making commodity bets and shorting financials.

Coxe’s presentation is titled,

“And Hank And Ben Looked At Their Handiwork And They Were Glad.”

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