Bloomberg publishes investigation of retracted CFTC analysis
1 Yesterday · 19h ago · 2 articles · 1 video · 5 posts · 9 comments · 5 sources · development 1 of 1
Bloomberg reports on the suppressed CFTC analysis of the suspicious oil trades, detailing how analysts flagged unusual trading patterns worth billions of dollars ahead of Trump's Iran announcement and were subsequently ordered by a senior official to retract their enforcement referral.
“CFTC analysts flagged unusually well-timed trading ahead of a March 23 Truth Social post in which President Donald Trump postponed planned U.S. strikes on Iranian energy facilities. Billions of dollars in contracts changed hands in the 15 minutes before the announcement.”
Bloomberg Television, News correspondent Charles Gorrivan · youtube ↗CFTC analysts investigatorsSenior CFTC official CFTC leadership
Donald Trump U.S. President
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The fact that Trump insiders are trading on their information is of course not surprising, even as it is sickening. But if investors lose faith in the integrity of US financial markets we lose everything that makes us wealthy. This is a really BFD. https://www. bloomberg.com/news/features/20…
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The CFTC, since Trump, has become entirely corrupt. Note that the proliferation of sports gambling in prediction markets, which is explicitly illegal, largely exists because the CFTC refuses to enforce their own legal mandate against Kalshi and Polymarket.It’s actually worse; when states try to shut down sports betting in prediction markets, the…
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The interesting thing is how easily a democracy can be abused. In some ways, though in a more limited manner, it reminds us of Germany in 1933 or 1930s. Now the orange mafia in charge is, of course, not 1:1 comparable; ICE kills citizens willy-nilly style but they are not as systematic in their overthrow of the US democracy as the N people were in…
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I think this is the part that makes things aggravating. You can have all the rules, monitoring, surveillance you want, but it is all rather pointless if someone simply makes for the machinery to not apply to them.Edit: And, if we accept that this is the default state, then lets dismantle the surveillance part. Might as well be free in that aspect…
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It is important to acknowledge and name corruption for what it is. It's just hard to continue to have novel reactions to it. It reminds me of an article I read once about cartel violence in Mexico, and how people typically become desensitized to the violence.
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> And the answer is, largely, nothing.There's a two-year delay baked into the system. If the house flips (and it almost certainly will), the house will be able to investigate these things.I expect fireworks.
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Forget the IRS. America can balance its budget going after and fining these illegal trades and traders. MAGA!(edit: /s but not about making the government some money off this corruption)
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This regime, as others like it, poses the constant question, “What are you going to do about it?”And the answer is, largely, nothing.It’s a shame, really.
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These guys are all going to end up in prison at this rate. Dems are currently predicted to win next election no?
All 1 developments of CFTC staff ordered to retract analysis of suspicious Iran… →
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