FREE BOOK!!! International Best Selling author Joe Bruno’s “Mob Rats – Danny Greene – He Turned Cleveland into the ‘Bomb Capital of the USA'” is FREE today on Amazon Kindle. To get your FREE copy, click the appropriate link below.

Posted in criminals, crooks, Gangs, gangsters, mobs, Mobsters, organized crime with tags , , , , , , , , , , , on August 27, 2015 by Joe Bruno's Blogs

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Production information:

Cleveland mobster Danny Greene’s love for his Irish heritage, and his hatred for Italian dagos, as he called them, propelled him into a battle with Cleveland’s Italian Mayfield Road Mob for control of illegal activities in Cleveland and the surrounding area. After the death of Cleveland don, John Scalish, Greene joined forces with disgruntled Italian mobster, John Nardi. The two gangsters and their minions waged a savage street war against the Mayfield Road Mob for control of organized crime in the area.

Bombs were the weapons of choice, and soon there were so many bombings in the Cleveland area perpetrated by the warring factions that the local press dubbed Cleveland, “The Bomb Capital of the USA.”

Greene, after being approached by a smooth-talking FBI agent, decided it was in his best interest to become a canary. As a result, he sang a sweet tune to the Feds, informing them of the illegal activities of Cleveland’s Mayfield Road Mob and the Italian gangsters who ran the operation.

In the end, Danny Greene, feared Irish mobster, became what his Irish ancestors hated most – a rat.

“Mob Rats – Danny Greene” will fill you in on the gory details.

*****

Amazon/United States:
http://www.amazon.com/Mob-Rats-Greene-Cleveland-Capital-ebook/dp/B00ONYNFXS/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1440700642&sr=1-1&keywords=danny+greene

Amazon/United Kingdom:
http://www.amazon.co.uk/Mob-Rats-Greene-Cleveland-Capital-ebook/dp/B00ONYNFXS/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1440700709&sr=1-1&keywords=danny+greene

Crazy Joe Gallo – The Mafia’s Greatest Hits – Volume Two

Posted in Uncategorized on August 25, 2015 by Joe Bruno's Blogs
This review was written by Alice Frances, from  the New London Writers.

Caught On Tape – A Clandestine Federal Reserve Meeting

Posted in Uncategorized on July 3, 2015 by Joe Bruno's Blogs

Read the article at:

http://investmentwatchblog.com/caught-on-tape-a-clandestine-federal-reserve-meeting/

Mother Nature Trumps A Rigged Market

Posted in Uncategorized on June 5, 2015 by Joe Bruno's Blogs

The article below was written by my editor and lifelong friend Larry Venturato.

http://investmentwatchblog.com/mother-nature-trumps-a-rigged-market/

At this point in the unrelenting bull market that began in March 2009, many market observers suspect or are convinced that the stock market is rigged.  One only has to look at the chart below to see the strong correlation between growth in the Federal Reserve’s balance sheet and stock prices to know that much, if not all, of the market’s rise is fueled largely by the Fed.

Market technicians, or chartists as they are called, have been predicting a significant market pullback or an outright crash for years and have been consistently wrong.  See http://investmentwatchblog.com/a-rigged-market-and-the-death-of-technical-analysis/

So where does that leave investors?  For buy-and-hold investors, the decision is easy.  Stay put.  They invest for the long haul and, if history is any guide, they will simply ride out market declines and ride the market back up to higher highs.  Another group of investors is the Don’t-Fight-the-Fed investor, who will stay long, and even add to their positions, as long as the Fed is accommodating and keeps printing money.

lv chart

Complacency has investors tightly in its grip.  They have come to believe, if a major pullback hasn’t happened by now, it probably won’t happen anytime soon.  Any correction will be brief and should considered a buying opportunity.  The Fed is just too powerful to second-guess and is obviously intent on propping up the market, hell or high water.  As far as they are concerned, the Fed has their back and will continue to have their back because doing anything else is unconscionable.  Even if the Fed increases interest rates, as it has been talking about doing for years, it will quickly reverse course, if the market begins to collapse.  So, any pullback will be short lived.  They are not afraid that a long-term investment will be a short-term investment that has failed.

The black swan at this point is Mother Nature, which has a knack of frustrating man-made schemes, including rigged markets.  The saying is you can’t fool with Mother Nature for long before she gets her way.  Mother Nature is the Mother of all Black Swans.  It has always prevailed and it will prevail again in this instance because nature works in cycles.  Excesses must and will be wrung out of the system, one way or another.  Evil destroys itself.  And so will this rigged market.

This is something chartists cannot predict.  Nature will take its course in due time and its timetable is unpredictable.  Attempts at making correlations with prior market performance no longer work because our financial markets have never been manipulated like the current one.  Chartists are frustrated because the data; i.e., stock prices and volume, are being manipulated by forces that defy the principles of technical market analysis.  Because the data is corrupt, garbage in equals garbage out.  So, where does this leave us?

It leaves matters in the hands of Mother Nature, which will surely exact its toll.  And this, in turn, leaves investors extremely vulnerable.  Robert Louis Stevenson once said, “Sooner or later everyone sits down to a banquet of consequences.”  If you think a group of largely unaccountable insiders at the Fed know better than Mother Nature, then you should stay long.  Good luck with the proposition that you can just ride it out.  Prolonged excesses will require a prolonged time frame to purge, and that time duration may be longer than you bargained for.

If you believe there is a greater force that can and will gets its due, then you should be extremely cautious and position your investable funds accordingly.  In other words, you don’t want Mother Nature to be the black swan that blindsides you when it is evident that our financial markets are no longer tethered to the natural laws of supply and demand.  Price discovery has devolved into manipulation by central planners to achieve a desired price, which, in this case, means driving the market higher.

When a rigged market is unmoored from the fundamental market mission of seeking honest price discovery, it’s time to look for a safe harbor.  That isn’t being bearish.  It isn’t being alarmist.  It’s the prudent thing to do.
Read more at http://investmentwatchblog.com/mother-nature-trumps-a-rigged-market/#vEo73vyTcaffGlWQ.99

“The Clintons Make An Offer You Can’t Refuse.”

Posted in Uncategorized on May 22, 2015 by Joe Bruno's Blogs

http://investmentwatchblog.com/the-clintons-make-an-offer-you-cant-refuse/

Get A Clinton To Speak To You For Free.

Think of it as a fire sale.  Bill Clinton gets paid up to three-quarters of million a pop for giving a one-hour speech.  Hillary Clinton gets paid a few hundred thousand for a warmed-over stump speech.  If Americans elect Hillary, they can hear all of her speeches for free.  Plus, they get to watch the fallout from all past, present and future Clinton scandals in real time.  The entertainment value alone is worth the price of admission.  All that’s necessary is that you cast your vote for Hillary at the ballot box.

Certainly, those who pony up several hundred thousand to hear pearls of wisdom from the Clintons must be on to something.  No one in his or her right mind would cough up that kind of dough, if it wasn’t worth it.  Guess what?  If Hillary is elected, you can hear her priceless speeches for free.  Americans love freebies and getting Clinton 24/7 is the biggest prize in the free-shit galaxy.  It’s like getting pay-for-view free of charge.  It’s like hitting the lottery without having to buy a lottery ticket.

Perhaps the Clintons, sly devils that they are, knew all along that it was a matter of time before some pain-in-the-ass investigator would claim there was a quid-pro-quo connection between donations to the Clinton Foundation or the Clinton themselves and the decisions Hillary made while she was Secretary of State.  Her timing couldn’t have been better.  There was no better way for Hillary to get the attention of the electorate than to have a juicy scandal coincide with the announcement of her candidacy for president.  Maybe that’s why she has been so reticent of late to say anything to the press, knowing her words are so valuable that people will pay a small fortune to hear what she has to say.  Now everybody wants to hear her speak.  She has become a latter-day Greta Garbo.

No other politicians have demonstrated their worth like the Clintons.  On a cost-per-word basis, no one on the planet comes close to the Clintons.  Who cares about the emails she destroyed, when her spoken words are much more valuable to the general public?  Emails are boring; Clinton speeches are fascinating.  Just ask those who paid big bucks for the privilege.

If the scandal resulting from the Clinton Cash book hasn’t yet whet your appetite to hear her speak, there is more to entice you.  You can hear her speeches for four years or more, if you elect her president.  To hear her State of the Union speeches alone is worth the price of admission.

And guess what?  The price for you, valued American voter, is right.  It’s zero.  That’s right — it will cost you absolutely nothing.  All you have to do is cast your vote for Hillary in the next presidential election.  You don’t even have to donate a penny to the Clinton Foundation to get this free offer.  Just vote for Hillary.  It’s that simple.

And it gets better. You get two Clintons for the price of one vote.

It’s an offer you can’t refuse.

LV

Read more at http://investmentwatchblog.com/the-clintons-make-an-offer-you-cant-refuse/

The Bankers are Bigger Crooks Than the Mafia

Posted in Uncategorized on May 15, 2015 by Joe Bruno's Blogs

http://investmentwatchblog.com/bankers-get-off-again/

Having escaped jail time once again, Wall Street bankers proudly issued a manifesto defending their integrity and service to our nation in response to the following article in the New York Times:

http://www.nytimes.com/2015/05/14/business/dealbook/5-big-banks-expected-to-plead-guilty-to-felony-charges-but-punishments-may-be-tempered.html?ref=business&target=comments&_r=0

We, the bankers of these United States, want to assure all Americans that we are devoted, heart and soul, to the interests of this great nation.  Contrary to countless disparaging remarks by so-called pundits, there is absolutely no daylight between the interests of Wall Street and Main Street.  One of our leaders eloquently expressed this view when he said that we do God’s work.  We labor night and day to furnish the financial resources that are needed to build this country.  We proudly carry on the great banking tradition of our forebears such as John Pierpont Morgan and Andrew Mellon.  Without our munificence over the years, many important projects would not have been funded and, therefore, would not have been built.  As President Calvin Coolidge succinctly put it, “the business of America is business.”  It is Wall Street and the big banks that provide the lubricant in the form of capital that makes business work.

The past few years have been difficult for all of us.  It is unfortunate that some misguided individuals have sought to fix the blame on us for all the troubles that beset our economy.  Our intentions have always been honorable.  Is it a crime for us to wet our beaks when we provide such a valuable service?   Are we not entitled to our modest salaries and bonuses?  Should not the taxpayers foot the bill when circumstances conspire against us through no fault of our own?

We had the foresight to ensure that our emissaries were appointed to key posts in the federal government.  Paulson, Geithner, Bernanke, and Yellen are excellent examples of our wisdom in this regard.  We convinced the current president as we have convinced every president before him that it is best to leave the financial affairs of our country to able professionals like ourselves.  They, in turn, saw fit to appoint our recommended candidates to key positions such as Chair of the Federal Reserve and Secretary of the U.S. Treasury.  A banker is nothing if not prudent in such matters.  We leave nothing to chance.  We are sure you would agree that our country has been well served under the auspices of our handpicked stewards.

We value our relationship with government officials as much as we value our relationship with Main Street America.  We understand that some uninformed individuals feel compelled to criticize us for all kinds of economic ills that have absolutely nothing to do with us.  We are inured to such criticism.  We also understand the proclivity of politicians to use us as convenient scapegoats.  This is simply populist rhetoric as far as we are concerned.  It is all right to let off steam as long as it does not interfere with our ability to make massive profits.  We are big boys and can take the verbal abuse.  What matters to us is the bottom line.

Our handling of a record number of delinquencies and foreclosures in the housing sector during the last downturn was a model of cooperation and forbearance.  We reached out to the community in its time of need.  We adjusted the terms of mortgages in record numbers.  Yet, some ungrateful individuals vilified us for being heartless and not doing enough.  To add insult to injury, the courts took us to task over minor irregularities in mortgage documentation.  These technicalities prevented us from foreclosing and taking possession of property that rightfully belonged to us.  Many people in default on their mortgage obligations were allowed to live their homes for two years or longer.  In effect, deadbeats became squatters with the assistance of the justice system.  When we finally gained access to foreclosed homes, we found many of them stripped down to the floorboards.  Not only was this outrageous, it was also counterproductive because an economic recovery is not sustainable, or possible for that matter, until the huge backlog in housing inventory gets cleared.

For the record, we thought that the housing market was dangerously overheated well before the collapse in 2008.  Nonetheless, we were encouraged or pressured, if you will, by the government to approve as many mortgages as possible.  We dutifully complied.  In order to meet strong demand, we bundled the mortgages into packages, which we sold to investors who could not get enough of them.  We made sure those securities were rated triple A by our partners.  We cannot help it if the housing market turned sour.  It was a good run while it lasted.  At least we had the good sense to protect ourselves by shorting the investments we sold to our customers.  There are always two sides to a trade.  We were just a little smarter as things turned out.  Because the optics were so bad, we decided to pay a fine out of petty cash to settle with the government when they filed frivolous charges against us.  That is simply the cost of doing business.  Even though we were faultless, we decided to settle the civil lawsuit because it was best for us to move on.  We let the government look tough, but we do not want it to become a habit.  Next time, we will not be so charitable.

Then there is financial regulation.  This misguided legislation almost spun out of control, but our lobbyists convinced elected officials to back off and water down the bill.  We believe that less government interference is best because regulation strangles innovation.  The banking industry is quite capable of policing itself, contrary to what others may believe.  We know we can reach out to various regulatory agencies to convince them that we are able to conduct business without the need for oppressive oversight.  One only has to look at the copious benefits that accrued to the banking industry after the onerous Glass-Steagall Act was repealed in 1999 to know that less regulation is the way to go.  Unfortunately, there are certain individuals who are demanding the reinstatement of Glass-Steagall.  Rest assured that this is never going to happen, if Wall Street has anything to say about it.  Bank analysts who foolishly suggest that we increase our capital ratios obviously don’t understand why we are so rich.

We have been accused of making excessive political contributions in order to influence elected officials to pass favorable legislation.  This is true and we make no apologies.  It is our protected constitutional right to spend our money as we see fit.  Our friends on the Supreme Court upheld this right, as we knew they would.  We will continue to be among the biggest political contributors because we know from experience that the money is well spent.  The dividends are enormous.  Our political donations deliver the greatest return on investment we can think of.  Donations are the gifts that keep giving.

We have opposed the Bureau of Consumer Financial Protection because we consider it to be an obstacle to the free enterprise system we cherish.  It is counterproductive to have a government agency second-guess how we run our commercial banks and credit card programs.  It is an insult to have a government watchdog determine what is best for our customers when we pride ourselves in treating our customers as we would treat our own family.  It is foolish to nitpick fees we apply to credit cards and other financial services.  If the government unfairly prohibits one charge or another because it deems it predatory, we will simply shift the charges elsewhere.  Bank depositors learned how this works as we began to levy fees on checking accounts and other services, which were previously free of charge.  It is a zero sum game.  We are a business, not a charity.  We have to cover our costs and those costs include meeting our generous payrolls and paying handsome dividends to our shareholders.  We believe we have been successful in making the Bureau of Consumer Financial Protection a toothless tiger.

There have been scathing attacks concerning our role as an esteemed advisor to the Federal Reserve.  These scurrilous attacks are groundless.  Since the creation of the Federal Reserve in 1913, the government has understood the wisdom of having the largest banks in the country attend advisory committee meetings of the Federal Reserve Board.  How else would the Federal Reserve know the condition of the U.S. banking system?  What the public does not appreciate is how dependent the Federal Reserve and U.S. Treasury are on the banking industry.  A strong banking sector is a prerequisite for a strong America.  Government officials reach out to us all the time for information and guidance.  We provide pro bono assistance and somehow this is construed by troublemakers as being a conflict of interest.  If it were not for the timely notifications that we gave the New York Federal Reserve and the U.S. Treasury in 2008, they would not have been aware of the dire condition of our financial system.  Fortunately, we had our protégés in high places within the government who immediately understood and responded with alacrity to save the U.S. economy from an unimaginable catastrophe.  Together, we quickly formulated a plan to fortify the financial underpinnings of our country.  Although there were some casualties like Lehman Brothers and Bear Stearns, at the end of the day, it all worked out.  We lived to see another day and so did America.

It is not our fault that the Fed and the U.S. Treasury overreacted and threw money at us in the form of bailouts and guarantees.  This was unnecessary and we advised them at the time that it would turn public opinion against us, if we accepted taxpayer funds.  We were as solvent then as we are today.  Instead of thanking us, public opinion turned against us, just as we predicted.  There was even talk of capping our salaries and eliminating our bonuses.  This vengeful attitude betrays a complete misunderstanding of the situation as it really was.  Not only should we have been praised for our quick response to a national emergency, we should have received record bonuses for our service to America.  It has become cliché to say our banks are too big to fail, but the truth of the matter is our banks are too well-managed to fail.  We consider it poor form and the height of ingratitude to have the media and the public carp about our salaries and bonuses, which are a small fraction of what we actually deserve.  Let us be clear.  We make no apologies for our success and the compensation we earn.

Much has been said about the way we conduct proprietary trading in our capital markets.  Some believe we have tilted the playing field in our favor through high frequency algorithmic trading.  Nothing can be further from the truth.  High frequency trading is not illegal, as some would have you believe.  Our partners at the SEC, many of whom were our associates when they worked with us at our banks, oversee our trading practices and set the regulations that all market participants must follow.  The SEC has assured us that high frequency trading will remain an integral part of the stock market because of the liquidity it provides.  If we are manipulating markets like some critics claim, show us the proof.  High frequency trading is a major profit center for our business and we do not intend to abandon it.  On the contrary, we are actively expanding this lucrative business platform.  We are successful traders because we have the expertise and proprietary tools that give us an advantage.  Trading is a combat sport and we are very good at what we do.  Yes, it is possible to earn profits every single trading day because that is what you expect to do when you are successful.  It is not statistically impossible as some claim.  It is actually quite feasible when you are consistently good at what you do, as we have demonstrated quarter after quarter.

Ignorant rabble-rousers say we should be indicted and put in jail for crimes we have not committed.  Years of investigations have not yielded one shred of evidence of any wrongdoing on our part.  Our friends at the U.S. Justice Department made sure that the wild accusations went nowhere.  That’s because our business ethics are beyond reproach.  It’s just the way we roll.

Fellow Americans, we hope we have cleared the air.  We are not crooks.

We stand ready to serve America as we have done since its inception.  We are a proud industry, envied by every nation on the planet.  Wall Street stands shoulder to shoulder with its brethren on Main Street.  What is good for Wall Street is good for America.  God bless Wall Street.  And God bless America.

  • LV

Read more at http://investmentwatchblog.com/bankers-get-off-again/#1jE8sRuIhSkokRsG.99

International Best Selling author Joe Bruno’s “Whitey Bulger – The Biggest Rat” is FREE today on Amazon Kindle.

Posted in gangsters, mafia, Mobsters, murder, organized crime on April 22, 2015 by Joe Bruno's Blogs

To get your free copy, click the appropriate ling below.

*****

Product Description:

“Whitey Bulger – The Biggest Rat is the story of James “Whitey” Bulger, the Boston mob boss, from his early days of crime, to his heyday running Boston’s underworld, to his escape and capture after 16 years on the run.

This book also includes Bulger’s trial and the jury verdict that found Bulger guilty of 31 of the 32 counts in the federal racketeering indictment. Bulger was also found guilty of 11 of the 19 murders included in one of the indictments.

It’s fair to say Whitey Bulger will die in jail. Bulger’s lucky he didn’t get the death penalty, which would have been a more fitting punishment for one of the most vile individuals to ever roam the face of the earth.

*****

On July 9, 2013, Whitey Bulger’s former protégé, Kevin Weeks, hate and contempt in his eyes, took the witness stand against his former boss. The 57-year-old Weeks and Bulger were once so tight, they spoke nearly every day for more than a decade. Bulger, 83-years-old, was facing life in prison for committing more than 19 murders.

Since Weeks served only five years in prison for aiding and abetting five of Bulger’s murders, Bulger’s lawyer, J.W. Carney, tried to portray Weeks as a con artist who knew how to manipulate the justice system.
“You won against the system,” Carney told Weeks

“What did I win? What did I win?” Weeks said. “Five people are dead.”

Carney asked Weeks if the killings bothered him.

Weeks shot back, “We killed people that were rats. And I had THE BIGGEST RAT right next to me.”

Whitey Bulger, unlike Genovese turncoat, Joe Valachi; Bonanno boss, Joe Massino; and Gambino consiglieri, Salvatore “Sammy the Bull” Gravano, willingly became an FBI informant while he was still active on the streets as Boston’s mob boss. Bulger remained an FBI informant for more than 20 years.

Kevin Weeks was right. Whitey Bulger was THE BIGGEST RAT of them all.:

*****

Amazon United States link:
http://www.amazon.com/Whitey-Bulger-Biggest-Joe-Bruno-ebook/dp/B00EZCFVNU/ref=sr_1_5?s=digital-text&ie=UTF8&qid=1429712769&sr=1-5&keywords=whitey+bulger

Amazon/United Kingdom link:
http://www.amazon.co.uk/Whitey-Bulger-Biggest-Joe-Bruno-ebook/dp/B00EZCFVNU/ref=sr_1_2_twi_2_kin?s=books&ie=UTF8&qid=1429712838&sr=1-2&keywords=whitey+bulger

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