Legatus and Reinhardt

R

Rick

Guest
What do people make of this? Seems like every other forum on the web is discussing it except this one.

_http://gawker.com/5141450/americas-most-correct-internet-conspiracy-theorist-calls-next-market-crash
Wacky—and maybe financially beneficial—blast from the past: one anonymous nut on a Google Finance message board correctly predicted the day of the crash of 2008. Now that dude has another prediction, exclusively for you!

This guy nailed the September 15, 2008 market crash way back in July. Of course, he also attributed it all to a shady Catholic group called Legatus that controls the world, but that's a small matter. Money is money. Now he has identified himself, and he emails us this news:

    February 09 2009

    100% sure thing

    market begins huge downfall

Do not say we didn't warn you

He was off by a day.  And on September 15, 2008 there was a _http://www.youtube.com/watch?v=_NMu1mFao3w&eurl=http://cryptogon.com/?p=6816 $550 billion electronic run on the banks.

_http://seekingalpha.com/article/119590-russia-about-to-default-on-sovereign-debt-again

Russia About to Default on Sovereign Debt

The Nikkei newspaper has released a very troubling if not totally surprising story, that Russia will ask foreign lenders to reschedule loans worth $400 billion, potentially the equivalent of a debt default depending on how it is structured. Just a reminder, the last time Russia defaulted on its bonds it set off a cataclysmic chain of events that terminated with Long Term Capital Management's implosion and the first major Wall Street mediated rescue of the financial system. This report has already caused the euro in early Japanese trading to drop significantly against both the dollar and yen

“European banks may face more financial difficulties, given the Nikkei’s report that Russian banks may negotiate a debt rescheduling,” said Yuji Saito, head of the foreign-exchange group in Tokyo at Societe Generale SA, France’s third-largest bank by market value. “It is natural that the euro is sold” to $1.27 and 117 yen today, he said.

According to Bloomberg:

    The Russian Association of Regional Banks has submitted a plan for rescheduling loans to the Russian government, the Nikkei newspaper said, citing an interview with Anatoly Aksakov, the head of the association. The group is already in talks with HSBC Holdings Plc and Deutsche Bank AG, the Nikkei reported.

A $400 billion dislocation in credit markets is not what the global economy needs. However, we have no doubt that the equity market will have already factored this news and rise accordingly to new depression highs today.

And apparently European banks are _http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4593539/European-banks-toxic-debts-risk-overwhelming-EU-governments.html.  They will not be able to handle a Russian default on loans.

Now this Reinhardt fellow is also predicting a run on the bank following the pilgrimage of catholic power brokers in the organization, Legatus, to Bermuda due to end on Friday, the 13th.

His web site is _http://www.enterprisecorruption.com/]here. Now granted this guy thinks the pope controls the world finances and there's this huge catholic conspiracy going on, which is probably just a bit part of the pyramid scheme, he probably has some inside information.   From what I've gathered from various other forums he's predicting a bank run following the market crash this week, probably due to a large corporate failure(s) which is based in the area where the Legatus members are meeting, Bermuda.  Apparently, Bermuda is home to many large corporations.  It's hard to track down this information, maybe because it's worthless, but thought I'd throw it out here in case others can spot something useful.
 
I looked into it when Cryptogon ran something on it. It seems like this guy (Reinhardt) was given some advance tips to establish some credibility which would then be used to fool people in the markets. That's my take on it.

He seems pretty psychopathic, just in his writing style. Plus, be careful when you click on the link to his website. When I went there a couple of days ago he had large pornographic pictures on it (the naughty bits were cropped off, but...)
 
Mr. Premise said:
I looked into it when Cryptogon ran something on it. It seems like this guy (Reinhardt) was given some advance tips to establish some credibility which would then be used to fool people in the markets. That's my take on it.

I agree completely - more disinfo.

mp said:
He seems pretty psychopathic, just in his writing style. Plus, be careful when you click on the link to his website. When I went there a couple of days ago he had large pornographic pictures on it (the naughty bits were cropped off, but...)

Links were disabled for that reason. gotnoscript, just a reminder to please not leave live links to questionable sources in your posts. As far as his 'being off by a day' - I don't think so. The market has been beginning and sustaining huge downfalls on and off for months now, what happened this week is nothing new or shocking or 'huge'.
 
anart said:
Links were disabled for that reason. gotnoscript, just a reminder to please not leave live links to questionable sources in your posts. As far as his 'being off by a day' - I don't think so. The market has been beginning and sustaining huge downfalls on and off for months now, what happened this week is nothing new or shocking or 'huge'.

Oops. I did check the link and it was just a message about subscribing to his newsletter. Now I see he's put up some soft-porn. Well, yes, the 400 point drop isn't that unusual, but some sources said the week of the 9th-13. And from what I've been able to figure it may happen after the so-called "pilgrimage". Yes, probably disinfo, but I thought there might be something discernable in it. Also, the $550 billion electronic run and the market fall in October was a bit more than the usual, I think.
 
I want to add something I felt was significant: Legatus had one of their retreats in Washington State (forget the location but nearby were located the corporate headquarters for WAMU, BOEING (sp?) and Microsoft. Before the weekend was over, WAMU failed, BOEING had financial troubles, and I read that Gates was selling his own stock like gangbusters. So, that seems to indicate he may have been more than lucky. I dont know whether he was a plant or not, and I didnt subscribe to his site, because I couldnt afford his price. Plus, I was unable to decipher his "clues" so I figured the subject matter was way outside my knowledge base. I felt strangely like a kid in the adult pool without any life preserver or life vest....not a good feeling :(
 
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