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« An Interview with the Whistle Blower Andrew Maguire | Main | White Knights for Greece »
Sunday
Mar282010

CFTC whistle blower injured in London hit-and-run: Coincidence?

GATA Logo.JPG


There a couple of youtube clips here of Bill Murphy of GATA (Gold Anti-Trust Action committee) Speaking to CFTC about manipulation in the precious metals market to a sadly dis-interested panel. Bill produces a rabbit out of the hat in the form of a whistle blower who strangely enough is the victim of a hit and run accident the following day.

The following are two clips of Bill in action that you might like to take a quick look at:

Clip 1

Clip 2

then follows this article on the GATA web site:



Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistle blowing was publicized by GATA at Thursday's CFTC hearing on metals futures trading --

http://www.gata.org/node/8466

-- was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area.

According to GATA's contact with Maguire, board member Adrian Douglas, Maguire and his wife were admitted to a hospital overnight and released today and are expected to recover fully.

Maguire told Douglas by telephone today that his car was struck by a car careening out of a side road. When a pedestrian who witnessed the crash tried to block the other driver's escape, the other driver accelerated at the pedestrian, causing him to jump out of the way to avoid being hit. The other driver's car then struck two other cars in escaping. But the other driver was caught by police after a chase in which police helicopters were summoned.
We'll convey more information about the incident as it becomes available.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

So, is it just a coincidence or are the people at GATA starting to upset a few people?

Got a comment then please add it to this article, all opinions are welcome and appreciated.


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Reader Comments (9)

The testimony at last week's CFTC meeting must have really struck a nerve. Now we can add the Goldman Sacks whistle blower re. LBMA and GATA's 10+ year fight is gaining global credibility.

Our day is coming!

March 29, 2010 | Unregistered CommenterScruffy

> So, is it just a coincidence or are the people at GATA starting to upset a few people?

Sure looks like it. Why?
(1) Not successful - "released today and are expected to recover fully"
(2) Got caught - "other driver was caught by police"
(3) Brought new and unwanted attention to Maguire.

If this had been more than a coincidence, these 3 elements would not be.

March 29, 2010 | Unregistered CommenterBC

BC, your comments are ambiguous and make no sense. Can you clarify the point you are trying to make?

March 29, 2010 | Unregistered CommenterGreg

> Author: Greg
> Message: BC, your comments are ambiguous and make no sense. Can you clarify the point you are trying to make?

Greg, The question "is it just a coincidence" implies "or is it something more sinister?"

I say no not more sinister because not successful, got caught and only brought added attention.

I have little doubt that there is manipulation and yes I could see sinister actions. But if that was the case with this, is looks more like Monty Python than well funded evil.

March 29, 2010 | Unregistered CommenterBC

Anyone want to bet whether there will ever be any information released regarding the identity and "why" the of the driver?

I am curious to see what if any information comes from the police effort to find out what what was happening. Was/is this guy a loon? .. an incompetent hit man? ... dead?

March 29, 2010 | Unregistered CommenterScruffy

I don't believe this incident was coincident. But thats my personal opinion.

Finally it is admitted, during the CFTC meeting, that gold futures trading is a fractional Ponzi scheme. The government (CFTC) will never restrict the bullion banks in their positions. Paper hedging is too important for the dollar 'stability'.

If the physical market would be trading 100% allocated, then gold would be confisqated immediately, think 1933. Now that the manipulation scheme in place, the primary dealers and bullion banks are able to manage short positions so that delivery contracts are out of the money in a millisecond.

You can't beat a government and its primary dealers. Sovereign interests are simply too heavyweight.

Waiting for the currency crisis to change the momentum...

March 30, 2010 | Unregistered Commenterde Graaf

Team,

We think this will run and run regardless of the road blocks that are being placed in front of them.

March 30, 2010 | Unregistered CommenterGold Prices

Is there some sort of News Block on this incident? The awareness of what occurred is not known by the Public. I could even include the Hearings and testimony given. But just focusing in on the Hit-And-Run part, why is it that the Identity of the Individual has yet to disclosed? Looking over the Report, there are other autos involved. The other autos would need to have the Identity of the Driver who damaged their cars in order to file a claim for Insurance purposes.

I'll make a paste here: >>

Its one thing to be the driver who caused a Hit and Run, but quite another to "accelerate at the pedestrian, causing him jump out of the way to avoid being hit." This driver was willing to possibly kill a bystander.

So where are the News Reporters? Where is the Press? Isn't this driver very important? Why would their identity be secreted? This should be a Major Point that calls for Disclosure and so far it has managed to be swept under the rug. Have any of the owners of the other autos damaged been contacted by News Reporters, or is the identity of the Hit and Run Driver an Official Secret, and if so Why?

April 5, 2010 | Unregistered Commentertss

The US propaganda machine called main stream media is a totally sold out, bought off bunch of dupes ans shills. Perfect compliment to the most corrupt administration in history.

Not one word of the biggest financial scam in history or the assassination attempt.

Not one reporter curious about the identity or motive of the driver they caught?

Sickening.

April 6, 2010 | Unregistered CommenterScruffy

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