I believe it essential reading for every American to please ASAP read this diary entry from DailyKos yesterday....
http://www.dailykos.com/...
It is technical. It is complex. It is difficult to understand if you do not know computer networking and our financial systems well. But everyone should read and understand exactly what these allegations are.
If proven to be true, it could be the equivalant of a nuclear detonation on Wall Street.
I have never seen a dailykos entry get so much traction on financial blogs -- but as you can see by this link ---
http://market-ticker.org/...
--- even Karl Denninger is now in on the act. It is not every day you see a dailykos diary referenced as FLASH NEWS on his blog.
Folks, if there is even a remote hint of truth in these allegations, Bernard Madoff will soon begin to resemble a Sunday School Teacher.
And a DailyKos diarist was one of the first ones to recognize what is going on.
This is why I continue to come here first for news and information. The MSM will be late to this story - and chances are will attempt with all their might to bury it completely.
Some very strange things have been happening in the markets lately - could this be the reason?