STOCK RESULTS NOV 22,11

Massive Hydrovolcanic Explosion Inevitable at Fukushima Kurt Nimmo Infowars.com November 22, 2011

On November 17, the architect of Fukushima Daiichi Reactor 3, Uehara Haruo, was interviewed in Japan. He warned that a China Syndrome situation is inevitable at the plant.Haruo said that considering eight months have passed since the tsunami and the crippling of the nuclear plant without any improvement in the condition of the reactors, it is likely melted fuel has escaped the container vessel and is now burning through the earth.On September 20, 2011, Hiroaki Koide, assistant professor at Kyoto University’s Research Reactor Institute, estimated that material from the nuclear fuel rods may be twelve meters deep underground at reactors one and three.
Haruo said debris is spreading in Pacific Ocean. On November 15, tons of radioactive debris reached the Marshall Islands.If the fuel reaches an underground water source, Haruo explained, it will result in the contamination of water, soil and the sea. More catastrophic, underground super-heated water will ultimately create a massive hydrovolcanic explosion.Although media in Japan and the alternative media have covered this story over the last few days, it has been uniformly ignored by the corporate media.Fukushima is no longer news worthy. Instead, the corporate media has turned its attention to Rob Kardashian and Dancing with the Stars and the other major distraction that is likely to persist through the holidays, the re-opened 30 year old murder investigation of actress Natalie Wood.

November 21, 2011, 11:26 amLegal/Regulatory-MF Global Trustee Says Shortfall Could Exceed $1.2 Billion By MICHAEL J. DE LA MERCED and BEN PROTESS

Jon S. Corzine on the trading floor of MF Global last year.David Goldman for The New York TimesJon S. Corzine on the trading floor of MF Global last year.The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday.But the surprise finding, which caught regulators off guard, may be overstated, according to a person briefed on the investigation. Some regulators say they believe that the trustee double-counted $220 million that had been transferred between units of MF Global, this person said.Still, the much higher number highlights the disarray of MF Global’s records and raises significantly the hurdle for tens of thousands of customers seeking to get their money back. The trustee’s estimate represents a significant portion of customer funds held by MF Global.Regulators suspect that as investors and customers fled MF Global in the last week of October, the firm used some of the customer money for its own needs — violating Wall Street rules that customers’ money be kept separate from the firm’s funds. Much of that money may never return.

Now the challenge has grown for investigators trying to determine exactly what happened in those last frantic days. Just days ago, investigators believed that they were closing in on what they thought was about $600 million in missing customer funds, according to people briefed on the matter. Regulators were relying on estimates from the firm and the CME Group, the exchange where MF Global did most of its business.But after weeks of reconstructing MF Global’s books, forensic accountants from Deloitte and Ernst & Young working for the trustee concluded that the account shortfall was much greater than originally estimated. Regulators have yet to verify the new numbers. While they are expected to raise their estimate above $600 million, it is unlikely to reach the trustee’s $1.2 billion figure.
Kent Jarrell, a spokesman for the trustee’s office, stood by that figure, but he noted that it was preliminary.It is unclear what was behind MF Global’s original lower estimates. Some authorities chalk up the inaccuracies to the firm’s sloppy bookkeeping, and only slowly discovered additional holes in customer funds over the last three weeks.The search for MF Global’s missing money has consumed a growing number of authorities, including the Federal Bureau of Investigation and federal prosecutors in New York and Chicago.These inquiries have increasingly homed in on the theory that much of the customer money had left the firm, the people briefed on the matter said.Regulators currently suspect that MF Global — at the time run by Jon S. Corzine, the former Democratic governor of New Jersey — improperly used customer money for its own purposes in the days before filing for Chapter 11 protection on Oct. 31.Investigators are considering two possible situations. One is that MF Global used the money to meet trading partners’ demands for extra cash, which could come back. The other is that it was used to cover trading losses, which would mean that the money cannot be recovered.MF Global’s management, however, has maintained that some of the money is still sitting at clearinghouses and banks, according to a person close to the company. Though they have not disputed that some of the money is gone, these executives think that other funds were trapped after the firm rapidly unwound more than half of its trading book as it was collapsing.

No one at MF Global, including its former chief executive, Mr. Corzine, has been accused of wrongdoing.Representatives for MF Global, the CME and the Commodity Futures Trading Commission declined to comment.The trustee, James W. Giddens, held a four-hour conference call on Sunday evening with staff members in New York City and Chicago to discuss the latest shortfall numbers, according to Mr. Jarrell.
Ultimately, Mr. Giddens — under pressure from customers demanding the return of their money — decided to provide his fullest update yet on the progress of his investigation.He felt duty-bound to say that more money was missing, Mr. Jarrell said.In Monday’s announcement, the trustee said that his office controlled about $1.6 billion in customer funds, but most of that was already earmarked to be paid out. The trustee said he was close to exhausting those funds. But the person briefed on the investigation said that the trustee would soon be able to tap more than $1 billion in customer money that is trapped in Harris Bank.Beyond the shortfall in customer accounts, Mr. Giddens’s office said it did not have access to money that was held in foreign subsidiaries of MF Global, which are under the control of trustees in those countries.While the trustee will pursue them vigorously, it has been his experience that recovery of these foreign assets may take more time, the office said.In a separate move on Monday, MF Global’s estate requested court permission to appoint a trustee to oversee the winding down of the firm’s parent company. Such an authority would replace the company’s existing board. The trustee would be responsible for coordinating responses to regulators, among other duties.MF Global is still running on about $8 million in remaining cash, and has yet to secure additional financing to support it through what will be a long bankruptcy case, lawyers for the estate said on Monday.The fallout from the collapse of MF Global has renewed calls for tougher regulation of the futures industry, which has long relied on the principle that customer money is always safe.While brokerages can use customer funds, they must put up sufficient collateral. Days before its Chapter 11 filing, however, MF Global was taking what amounted to free loans from its clients.
If federal prosecutors determine that MF Global intentionally tapped the customer funds, they could file criminal charges. But in a speech on Monday, David Meister, the C.F.T.C.’s enforcement chief, said that his agency need not show intent.You should know the commission takes the laws on segregated funds very seriously,Mr. Meister said.

17 Quotes About The Coming Global Financial Collapse That Will Make Your Hair Stand Up The Economic Collapse November 22, 2011

Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything the world has ever seen before, and our financial markets are gigantic casinos that are dependent on huge mountains of risk and leverage remaining very stable. In the end, this house of cards that has been built on a foundation of sand is going to come crashing down in a horrifying manner. Usually in this column I go on and on about why things will soon get much worse. But today I am going to take a bit of a break. Today, I am going to let some of the top financial professionals in the world tell you why things will soon get much worse. Many of the quotes that you are about to read just might make the hair on the back of your neck stand up. Most people out there have no idea what is about to happen. Most people out there are working hard and are busy preparing for the holidays and they are hopeful that the economy will turn around soon. But that is not going to happen. We are heading for another major global financial collapse, and when it happens the U.S. economy is going to get even worse.The epicenter for the coming global financial collapse is almost certainly going to be in Europe. As you will see below, financial professionals all over the world are sounding the alarm about Europe. It is a disaster that everyone can see coming but that nobody seems to be able to prevent.Of course the failure of the supercommittee in the United States certainly is not helping matters. There is already talk that we may soon see another downgrade for U.S. debt. It is hard to even describe how incompetent the U.S. Congress is.

There is a tremendous lack of leadership both in the United States and in Europe right now. The financial world is more interconnected than ever before, and when the financial dominoes start to fall it is going to take a miracle to keep a complete and total disaster from unfolding.So when the time comes, who is going to step forward and provide that leadership? That is a really, really good question.

Right now, panic and fear are spreading like wildfire in the financial world and nobody knows for sure what is going to happen next.But one thing is for certain. Pessimism is growing stronger by the day.The following are 17 quotes about the coming global financial collapse that will make your hair stand up….

#1 Credit Suisse’s Fixed Income Research unit: We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January – to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks.

#2 Willem Buiter, chief economist at Citigroup: Time is running out fast. I think we have maybe a few months — it could be weeks, it could be days — before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging the European banking system and North America with it.

#3 Jim Reid of Deutsche Bank: If you don’t think Merkel’s tone will change then our investment advice is to dig a hole in the ground and hide.

#4 David Rosenberg, a senior economist at Gluskin Sheff in Toronto: Lenders are finding it difficult to finance their day-to-day operations with short-term funding. This is a lot like 2008 but with more twists.

#5 Christian Stracke, the head of credit research for Pimco: This is just a repeat of what we saw in 2008, when everyone wanted to see toxic assets off the banks’ balance sheets.

#6 Paul Krugman of the New York Times: At this point I’d guess soaring rates on Italian debt leading to a gigantic bank run, both because of solvency fears about Italian banks given a default and because of fear that Italy will end up leaving the euro. This then leads to emergency bank closing, and once that happens, a decision to drop the euro and install the new lira. Next stop, France.

#7 Paul Hickey of Bespoke Investment Group: More and more, we are hearing anecdotal comments from individual and professionals that this is the most difficult environment they have ever experienced as the market is like a fish flopping around after being taken out of the water.

#8 Bob Janjuah of Nomura International: Germany appears to be adamant that full political and fiscal integration over the next decade (nothing substantive will happen over the short term, in my view) is the only option, and ECB monetisation is no longer possible. I really think it is that clear and simple. And if I am wrong, and the ECB does a U-turn and agrees to unlimited monetisation, I will simply wait for the inevitable knee-jerk rally to fade before reloading my short risk positions. Even if Germany and the ECB somehow agree to unlimited monetisation I believe it will do nothing to fix the insolvency and lack of growth in the eurozone. It will just result in a major destruction of the ECB‟s balance sheet which will force an ECB recap. At that point, I think Germany and its northern partners would walk away. Markets always want short, sharp, simple solutions.

#9 Dan Akerson, CEO of General Motors: The ’08 recession, which was a credit bubble that manifested itself through primarily the real estate market, that was a serious stress….This is much more serious.

#10 Francesco Garzarelli of Goldman Sachs: Pressures on Euro area sovereign bond markets have progressively intensified and spread like a wildfire.

#11 Jim Rogers: In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still – be careful.

#12 Dr. Pippa Malmgren, the President and founder of Principalis Asset Management who once worked in the White House as an adviser to President Bush: Market forces are increasingly determining what the options are and foreclosing on options policymakers thought they had. One option which is now under discussion involves permitting a country to temporarily leave the Euro, return to its native currency, devalue, commit to returning to the Euro at a better debt to GDP ratio, a better exchange rate and a better growth trajectory and yet not sacrifice its EU membership. I would like to say for the record that this is precisely the thought process that I expected to evolve,but when I proposed this possibility back in 2009, and again in September 2010, I had a 100% response from clients and others that this was impossible and many felt it was ridiculous. They may be right but this is the current state of the discussion. The Handelsblatt in Germany has reported this conversation, but wrongly assumes that the country that will exit is Germany. I think that Germany will have to exit if the Southern European states do not. Germany’s preference is to stay in the Euro and have the others drop out. The problem has been the Germans could not convince the others to walk away. But, now, market pressures are forcing someone to leave. Germany is pushing for that someone to be Italy. They hope that this would be a one off exception, not to be repeated by any other country. Obviously, though, if Italy leaves the Euro and reverts to Lira then the markets will immediately and forcefully attack Spain, Portugal and even whatever is left of the already savaged Greeks. These countries will not be able to compete against a devalued Greece or Italy when it come to tourism or even infrastructure. But, the principal target will be France. The three largest French banks have roughly 450 billion Euros of exposure to Italian debt. So, further sovereign defaults are certainly inevitable, but that is true under any scenario. Growth and austerity will not do the trick, as ZeroHedge rightly points out. Ultimately, I will not be at all surprised to see Europe’s banking system shut for days while the losses and payments issues are worked out. People forget that the term bank holiday was invented in the 1930’s when the banks were shut for exactly the same reason.

#13 Daniel Clifton, a policy strategist with Strategas Research Partners on the potential for more downgrades of U.S. debt: We would expect further downgrades, a first downgrade from Moody’s and Fitch and possibly a second downgrade from S&P.

#14 Warren Buffett on the problems in the eurozone: The system as presently designed has revealed a major flaw. And that flaw won’t be corrected just by words. Europe will either have to come closer together or there will have to be some other rearrangement because this system is not working.

#15 David Kostin, equity strategist for Goldman Sachs: The wide range of possible outcomes on both the super committee process and the unstable political economy in Europe drives our view that investors should assume the worst while hoping for the best.

#16 Mark Mobius, the head of the emerging markets desk at Templeton Asset Management: There is definitely going to be another financial crisis around the corner.

#17 Gerald Celente, founder of The Trends Research Institute: The whole system is going down. Pull your money out your Fidelity account, your Scwhab accout, and your ETFs.

Are you starting to get the picture? When so many top financial professionals are freaking out like this, perhaps the rest of us should start paying attention.They are telling us that time is running out.They are telling us that there is definitely going to be another financial crisis.They are telling us that this is going to be worse than 2008.They are telling us that the whole system is going down.Yes, a devastating financial collapse really is coming. Just like in 2008, it will seem like the end of the world while it is happening, but it won’t be. It will severely damage our financial system and our economy, but it will not finish us off.Think of it this way. When you build a sand castle at the beach, it doesn’t get totally wiped out by the first wave or the second wave that hits it. Each wave does significant damage, but the destruction of your sand castle is a process.It is the same thing with the U.S. economy. We once had the most incredible economic machine that the world has ever seen. It is constantly being guttedand the financial crisis of 2008 hit us really hard, but we are still doing okay.After this next financial crisis we will be in even worse shape. But we will still be breathing.More waves will come after this next financial crisis. If we continue on the road that we are on, our economy will progressively get worse and worse.Not everyone will agree with this analysis, and that is okay. In the end, time will reveal the truth to all of us.Right now, we all need to get ready for the next wave that is about to hit us. A lot of people are going to lose their jobs over the next few years. Hopefully you are prepared for that.
http://www.infowars.com/tsa-agents-think-they-are-above-the-law/

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS TUE NOVEMBER 22,2011

09:30 AM -2.43
10:00 AM -15.63
10:30 AM -10.37
11:00 AM -84.34
11:30 AM -90.25
12:00 PM -89.38
12:30 PM -25.20
01:00 PM -9.95
01:30 PM +7.25
02:00 PM -17.64
02:30 PM -48.16
03:00 PM -62.86
03:30 PM -48.21
04:00 PM -53.59 11,493.72

S&P 500 1188.04 -4.94

NASDAQ 2521.28 -1.86

GOLD 1,699.20 +21.00

OIL 97.96 +1.04

TSE 300 11,795.19 +10.47

CDNX 1554.92 -0.10

S&P/TSX/60 670.74 +0.16

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -55 points at 4 minutes of trading today.
Dow -90 points at low today.
Dow +7 points at high today so far.
GOLD opens at $1,693.40.OIL opens at $97.49 today.

AFTERNOON,NEWS,STATS
Dow -90 points at low today so far.
Dow +7 points at high today so far.

WRAPUP,NEWS,STATS
Dow -90 points at low today.
Dow +7 points at high today.

GOLD ALLTIME HIGH $1,902.60 (NOT AT CLOSE)