CMKX DIAMONDS, THE LARGEST NAKED SHORTED STOCK IN THE HISTORY OF THE UNITED STATES/WORLD" HUNDREDS of Billions and Billions of stock shares traded and changed hands UNTIL CMKX revoked itself and had every stock holder pull stock certifcates out of brokerages out of street name and into Investors name to safely hold in their possesion. CMKX is also the LARGEST STOCK CERTIFICATE PULL IN THE HISTORY OF THE UNITED STATES!!!"
CITI BANK UNDER THE DIRECTION OF CEO PRINCE TRIED TO BUY KNIGHT SECURITES DERIVATIVES DEPT AND THEN HAD TO STEP DOWN WITHOUT A FIGHT. . .
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Nov 4, 2007 CITI CEO Charles Prince gives up his crown at Citigroup Resigns. Prince's tumultuous four-year tenure at the helm of the largest U.S. bank by assets ended Sunday, when he resigned as chairman and chief executive. Citigroup took a $6.5 billion write-down for subprime mortgage and other losses in the third quarter. On Sunday, it said it may write off another $8 billion to $11 billion for subprime mortgages, reducing net income this quarter by $5 billion to $7 billion. It also said those numbers could grow. (Currently now Citigroup has suffered more than $46 billion of write-downs and credit losses in the last three quarters. AND!!!!!!!!Citigroup's new chief executive, Vikram Pandit,IN THE YEAR 2008 said the company planned to sell some 400 billion dollars in assets .
SEC Issues New Rules to Protect Investors Against Naked Short Selling Abuses
FOR IMMEDIATE RELEASE
2008-204
Washington, D.C., Sept. 17, 2008 — The Securities and Exchange Commission today took several coordinated actions to strengthen investor protections against “naked” short selling. The Commission’s actions will apply to the securities of all public companies, including all companies in the financial sector. The actions are effective at 12:01 a.m. ET on Thursday, Sept. 18, 2008.
!!!***************************************9/15/2008 LEHMAN AND THEIR DIRTY DERIVATIVES !!!!!!!!!!!!!!!!!!!!!!!!GOES DOWN IN FLAMES . GOT CMKX?
Following quote taken from the CMKX HEARING TRANSCRIPT-
THE UNITED STATES OF AMERICA Before The SECURITIES AND EXCHANGE COMMISSION Administrative Proceeding File No. 3-11858 In the Matter of CMKM Diamonds, Inc., HEARING BEFORE THE HONORABLE BRENDA P. MURRAY TUESDAY, MAY 10, 2005
MR. DONALD STOECKLEIN" CMKX legal counsel: "What background would you have that you
believe would help this company, CMKM Diamonds, to
do anything in terms of corporate management? "
ROBERT MAHEU. "Well, I understand the necessity of a publicly held company to be compliant. And I'm not a novice in the world of being in compliant -- of an entity being in compliant. I had the privilege 50 years ago to set up the security and compliance divisions of the Small Defense Plant Administration. It was an entity that had been structured by the government to help
start-up companies and small businesses. I learned very early on that you cannot help the ills of a small company or any company just by flowing money in their direction. I learned the
value of compliance. And I made sure that the Small Defense Plant Administration was always in compliance. By that, I mean if, in fact, we made a contribution to a small business, we made sure that the money was used within certain parameters. "
About Robert A. Maheu
Maheu is probably most famous for his role with Howard R. Hughes. Maheu served as the alter ego to Hughes. Maheu negotiated for the purchase of many Nevada properties on behalf of Hughes and the Hughes Tool Co. As a consequence, seven hotel/casinos, one airport and millions of dollars of raw land were acquired. In each case, Maheu became the chief operating officer. Additionally, he was responsible for the acquisition of an airline. He also represented the Hughes' interests before local, county, state and national regulatory bodies for many years. At an earlier time in his life, Maheu served as supervisor of the administrative section of the New York City Federal Bureau of Investigation Office and special assistant to Assistant Director E.J. Connelly, who was in charge of major cases for the entire Federal Bureau of Investigation.
ROBERT MAHEU'S BOOK - Next to Hughes : The Last Years of Howard Hughes's Strange and Tragic Life Chronicled by His Closest Advisor
AVAILABALE AT BARNES AND NOBLE.
Synopsis
The man who was closest to Howard Hughes during the final years of his life gives us the ultimate insider's look at this endlessly fascinating and eccentric man. Hughes hired Maheu in 1957, when the billionaire was at the very apex of his power, in control of Las Vegas casinos, and Nevada politics. But, his legendary paranoia would become crippling, and Maheu took over more and more of the duties involved in maintaining the empire. Though they never actually met, the two men communicated incessantly by memo and phone (up to 30 times a day!) and Maheu ultimately became Hughes' business alter-ego, speaking in public on his behalf at all times. Maheu offers some remarkable glimpses of the rise and awful decline of Howard Hughes, and was with him until the end.
Robert Maheu was also an FBI operative and an influential power broker, acting as a go-between for foreign governments, the Mafia and the CIA.
Richard Hack is an investigative writer with over a dozen books to his credit, including the ultimate biography Hughes, Clash of the Titans (about the global media war between Ted Turner and Rupert Murdoch), and several other biographies.
Jon M. Huntsman, Jr.
Governor of Utah (Ist Gov to attack naked shorts with a BILL TO COMBAT THE CRIMINAL ACT)
Fighting Naked Shorts - Huntsman signs bill to curb 'naked short selling'
Despite a smattering of late-developing opposition, Gov. Jon Huntsman Jr. signed into law a bill designed to crack down on so-called "naked short selling."
SB3004, which overwhelmingly passed the Legislature , to targets stockbrokers, dealers and investment consultants who engage in alleged naked shorting - an illegal practice in which shares supposedly on loan are sold but not delivered. (THE BILL WAS ATTACKED BY CRIMINALS ON WALL STREET TRYING TO KEEP NAKED SHORTING FROM GOING AWAY)
