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My Loss: Whose Gain? A Case of Disappearing Stock

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Escalating the issue, I was told that if I wanted to pursue it, I could pay $35 for a government search, whereas, the way I saw it, the bank was responsible for holding the stock for me until my retirement, and was therefore responsible for finding it. Stalemate.

 

This development should not have come as such a shock to me, considering that taxpayers are now being held responsible to pay for lawsuits that might arise should New York Police Department (NYPD) officers working directly for banks commit a crime against those very taxpayers.

 

Yes, on the ground on Wall Street, banks have, indeed, really hired the NYPD officers in a response to the Occupy movement. Through a mechanism called "the Paid Detail Unit," banks are employing armed NYPD officers in uniform, to serve banks' interests, rather than as the "public servants" their uniforms and badges imply.

 

"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power." --Benito Mussolini


Too dry for your taste? The protagonist in "Occupy's first bestselling novel," Trading Dreams, experiences the candy-coated version of this phenomenon trading with the U.S. mega-banks where the gambling is done in their own rigged casino. I show her getting set up as a scapegoat while watching where the money goes as the $1.7 quadrillion derivatives market takes its bets off the table.

 

The novel resonated with Amnesty International, since instead of getting married and living happily ever after, she gets arrested, saying, "They steal the money and throw us in jail."

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J.L. Morin is the author of the award-winning epic tale of two teens in a fight to save a warming planet, the universe...and their love -- NATURE'S CONFESSION; "Occupy's First Bestselling Novel" TRADING DREAMS, a #1 bestseller in 'Political (more...)
 

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