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Quiet, Army of David’s At Work! Zero Hedge Calls On Them To Police Financial Criminals and Thieves…

Welcome to all the Instapundit readers. Please check out these posts as well regarding our financial industry:

Tyler Durden over at Zero Hedge has engaged the Army of David’s that Glenn Reynolds wrote a book about and it is going to be fun to watch the fireworks. Apparently they have a bunch of terrific information with which bring charges against more than a few folks in the financial industry and those institutions that govern them. Given the ridiculous amount of money being stolen right from under our noses by our politicians, bureaucrats and their corrupt business allies it is about time someone tried to do something about it. You may not win the fight when you poke a stick into a wasp nest but you sure do find out who all the wasps are.

Critical update: Zero Hedge thrives on its proactive readers, yet I never expected a barrage of information such as the one I received since posting this. In the hundreds of emails received over the past several hours, much of it from current industry insiders, a substantial portion is likely actionable, and upon further refinement, enforceable.

Going through it all will take time, however I take this opportunity to welcome any and all readers to provide information they believe captures wrongdoing in the financial system – in the absence of objective, unbiased and fair external regulators, it is the responsibility of everyone, but most notably insiders, to cleanse the system.

Zero Hedge will filter the data and forward our work product directly to appropriate Attorney General offices and local FBI branch offices. In retrospect, approaching the SEC and FINRA is futile, as they are both as much an integral part of the system as the perpetrators they are supposed to protect against. We’re slowly learning that fact. And we are very, very pissed off.

So…

Dear CDS trader talking on the phone to your sales coverage discussing insider information on a deal while your bored analyst is eavesdropping…

Dear Senior Vice President at the strip club boasting to your subordinates how you misspent tens of thousands of taxpayer and investor dollars on strip clubs and prostitutes currying favor for the client, to catch that elusive multi-million deal so you can buy the third vacation home you will never frequent…

Dear General Counsel receiving sexual favors from the blonde assistant in exchange for promises of advancement that never come…

Dear Chief Executive Officer having an affair with the lady at the cosmetics section in that 5th Avenue store, while your wife and 3 children wait at home…

Dear retail broker guaranteeing your 70 year old client that investing in this particular BBB+ rated CDO will never lose money, just to hurry up and do the trade in the next 5 minutes…

Dear sell-side analyst telling your equity salesmen over shots of Grey Goose at Marquee just how crappy the REIT that you just upgraded is…
(and yes, you all know who you are)

Please look well around you, and pray that you did not piss off any of the people close to you, who know every move you make, and every word you speak… sleep well tonight, because tomorrow your face just may make the proverbial front page of the Wall Street Journal…or Zero Hedge if the former is just a little conflicted. Zero Hedge

Right now we need to spread the word about this fight so that we have eyes on the instigators. The more eyes the better the protection. Please spread the word.

And yes I realize that this may amount to nothing but you turn over enough rocks and you will eventually find the snake bastards who are stealing our money and our  children’s future. Yes never forget the children…heh. So help us turn over rocks…grab a few yourself and shake them.

There are many more of us than of them…like Beck says we surround them!

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