[lbo-talk] The Global Oil Scam: 50 Times Bigger than Madoff

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Nov 13 20:57:01 PST 2009



>> Actually, all participants can be winners during the
>> artificial buildup of prices. You sell to me for 100;
>> I sell back to you for 105 & then buy it back at 110.
>
> Not consumers, who buy gasoline at $4.00 a gallon and then burn it all
> up driving to work, and 1500 s.f. houses on an eighth-acre for
> $200,000 that they intend to live in rather than resell at $250,000.

But see the bottom of http://mailman.lbo-talk.org/2007/2007-December/023868.html for a (partial) way out.

/jordan



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