STOP IT! The Great Taking
A documentary film about the greatest financial crime story of known history.The world’s largest banks have put everyone’s stocks and bonds at risk of loss by using them as collateral for their own gain. This film is about the effort to STOP IT, by removing enabling language in Article 8 of the UCC at the state level.
For the last 50 years, the biggest banks in the world have been secretly using everyone’s securities as collateral for their own benefit. Little did you know, your life savings have been posted as collateral on speculative bets made up line in the system.
In the next financial collapse, the “Too Big To Fail” Banks have priority to your stocks and bonds ahead of you.
Direct ownership of a security was substituted with a contractual claim on a security in the 1994 Revision of Article 8 of the Uniform Commercial Code. The secured creditors to the derivatives contracts were given legal priority to your assets ahead of you, in the event those contracts go insolvent.
States across the USA are amending Article 8 of the UCC to restore property rights to securities BEFORE the next collapse.
Are you a Sophisticated Investor?
Purchase To The Great Taking Report
A comprehensive report documenting in detail the risks faced by all holders of financial securities.
Little do most market participants know, when they buy stocks and bonds from the broker, their assets are no longer fully their property and their securities are secretly being utilized as collateral. This puts them at risk of total loss, should their assets be seized as collateral in a market decline.
Changing market practices within the financial services industry, particularly the growth of the repo market as the main inter-bank money market, places all investors at risk.
These risks are not widely understood and not included in the risk modeling of even the largest investment firms.
The Great Taking Report is thorough analysis of this issue for sophisticated investors and fund managers. It consists of a 120 page report that is available for $2625, or the first 5 chapter are available for $375 each.
Chapters:
Overview
Changes to Bankruptcy Law
Central Clearing Counterparties
Rise & Risks of the Repo Market
Parallels to the 1929 Market Conditions
Market Overview: Europe
Market Overview: North America
Market Overview: South America
Market Overview: CIS Region
Market Overview: Asia
The First two chapters are available now.
Click below to purchase them.
DISCLAIMER: The Great Taking Report is the work of James Patrick. David Webb has helped James with the Report but receives no financial benefit form the Report.