Saturday, June 09, 2007

First American Corp - Fleet Street – London – UK – Reports

Yankee doodles Kennedy and McMahon came to town for their dog and phony show.
The First American Corporation momentarily feathered its market cap.
It took some European donkeys for an all time American ride.
Fleet Street got fleeced. The stock price and market cap is now going to crap.

Disillusioned European investors have little else than losses to show.
Historically this is nothing new. It is a repeat of the hysteria of the 1990s:

Where there were conflicts of interest, say between the desire of investment banks to keep clients sweet by pumping up their stock price and the duty of investment banks to tell their smaller clients the truth, the big buck won and honesty lost.
But you don't get any sense of a great wailing of guilt at the institutions.
For crying out loud:
Check it out. First American Kennedy and McMahon were presenting at the Lehman Brothers 2007 Financial Services Conference on May 17, 2007, at 11:40 a.m. EDT. That conference was held at Lehman Brothers' European Headquarters, located at 25 Bank Street, London.
It sent the First American stock momentarily sky rocketing only days before Lehman downgraded the company days later.

On June 7, 2007 the stock imploded on unusually high volume while Kennedy and McMahon were desperately trying to pump it up at the Stephens Springs Investment Conference.

The tell tale historical quotes can be viewed through the link below:

http://finance.yahoo.com/q/hp?s=FAF&a=04&b=11&c=2007&d=05&e=9&f=2007&g=d

From $49.49 on May 11, 2007 to $55.14 on June 6, 2007 back to $51.20 on June 8, 2007!!!
Ouch!!! Almost a $6 fluctuation based solely on Kennedy Hype! How many times in the past has Kennedy outright lied to hype the stock? Keep pressing 'rewind' Parkie till you get caught.

What a justified well deserved flop the presentation proved to be at the Stephens Springs Investment Conference!
Incidentally some other similar First American scams are exposed in ‘First American Title To Injustice.’
It can be purchased on line through: (www.lleclezio.blogspot.com)
As a result of facts disclosed in that publication, a Grand Jury Investigation is being sought in numerous aspects of FAF corruption.
This message is also posted on the Yahoo/Finance/First American message board.

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