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    Senior Member AirborneSapper7's Avatar
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    Trader on the BBC says Eurozone Market will crash

    Trader on the BBC says Eurozone Market will crash

    http://www.youtube.com/watch?v=aC19fEqR ... r_embedded

    In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do.
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    Senior Member AirborneSapper7's Avatar
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    BBC Speechless As Trader Tells Truth: "The Collapse Is Coming...And Goldman Rules The World"

    Submitted by Tyler Durden
    09/26/2011 11:54 -0400
    Comments: 743 / Reads: 116,946

    In an interview on BBC News this morning that left the hosts gob-smacked (google it... it is the BBC after all), Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was "This economic crisis is like a cancer, if you just wait and wait hoping it is going to go away, just like a cancer it is going to grow and it will be too late!". While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this (in Silver for instance), there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further and further.

    While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC.

    Video: Trader on the BBC says Eurozone Market will crash http://www.youtube.com/watch?v=aC19fEqR ... r_embedded

    http://www.zerohedge.com/news/bbc-speec ... ules-world
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    Senior Member AirborneSapper7's Avatar
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    BBC Releases Official Statement On Alessio "The Trader" Rastani: He Is Perfectly Legit And The Interview Was Not A Hoax

    Submitted by Tyler Durden
    09/27/2011 13:58 -0400
    Comments: 211 / Reads: 20,661

    Zero Hedge's post yesterday of a trader telling the BBC how he (and everyone else) really feels about the current cataclysmic situation, went viral, and as of this writing, was about to generate 100,000 hits (legit ones: no slideshows were massacred in the creation of a some CPM abortion). Needless to say, the trader in question, Alessio Rastani, very suddenly and violently entered the public's eye, the most amusing side effect of which was the emergence a fringe group claiming that just because he looks like some other guy, that he is a spoof, and this was immediately used by the conventional media to attempt to discredit him. And as usually happens, this has backfired. The BBC has just released a statement confirming that Rastani is, indeed, a trader, and that all those (Forbes) who have nothing better to do than to attack the messenger and not the message, may be better advised to taking a Math 101 class and realizing why we are all scroomed, instead of polishing their character assassination skills. To everyone else who attempted to marginalize Rastani, "suck it" is not exactly what we would like to say, but it sure does the job. And to that we would like to add that just because Larry Summers is a spitting image of Jabba the Hut, that does not make him an automatic member of the "Tattoine Men" comedy troupe.

    Full BBC Statement:

    Statement on BBC News channel interview with trader Alessio Rastani

    Date: 27.09.2011

    The BBC have today issued the following statement regarding an interview with trader Alessio Rastani on the BBC News channel yesterday (Monday 26 September):

    "We've carried out detailed investigations and can't find any evidence to suggest that the interview with Alessio Rastani was a hoax. He is an independent market trader and one of a range of voices we've had on air to talk about the recession."

    BBC Press Office

    And Statement from the Yes Men:

    The Yes Men wish to commend Mr. "Alessio Rastani" for his masterful performance as "trader" on BBC World yesterday. Mr. Rastani's real name is Granwyth Hulatberi; he once appeared on CNBC MarketWrap as a "representative" of the WTO. Well done, Granwyth! You're getting better and better.

    Just kidding. We've never heard of Rastani. Despite widespread speculation, he isn't a Yes Man. He's a real trader who is, for one reason or another, being more honest than usual. Who in big banking doesn't bet against the interests of the poor and find themselves massively recompensed—if not by the market, then by humongous taxpayer bailouts?

    Rastani's approach has been completely mainstream for several years now; we must thank him for putting a human face on it yesterday.

    If you'd like to see the human face of the human perspective—the perspective of the 99% victimized by our demented and out-of-control financial system—come join the occupation of Wall Street. Michael Moore did so last night, and pointed out that in America, it's just 400 people who own as much as most of the rest of us put together—and that when we decide we really want to change the rules of the game, those 400 people won't be able to do squat about it.

    http://www.zerohedge.com/news/bbc-relea ... ew-was-not
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