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  Featured Column: Investing 101  -  Mar 8, 2010
- A Blueprint for Corruption
   by Mark Faulk

(Editor's note: This is the first of a series of excerpts from The Naked Truth: Investing in the Stock Play of a Lifetime, by Mark Faulk. Released in 2008, it is a cautionary true story about a financial system rife with corruption, and predicted last year’s market meltdown. The subject of the book, CMKM Diamonds, Inc. (CMKX), eventually triggered a massive investigation involving the FBI, DOJ, IRS, and SEC, and led to numerous major lawsuits and multiple federal criminal indictments. The Naked Truth: Investing in the Stock Play of a Lifetime is available at www.thenakedtruthbook.com/)

Chapter 39 – A Blueprint for Corruption

"You have to kill the company to hide the crime." ~Bill Frizzell

    This story is about CMKX, but it could just as easily be about any of hundreds, or even thousands of penny stock companies. Shareholders invest their hard-earned money only to watch helplessly as potential turns into disaster, and dreams of wealth and riches become nothing more than so many empty promises. This ongoing scheme has been growing unchecked for decades.
It is a complex and well-oiled machine where every component from the paid shills on the message boards to the highest levels of Wall Street represents an important cog in the scheme. None of this is by accident. Every entity and person involved plays a role in the orchestrated scheme to defraud America. Those who are not involved in the actual act of defrauding the middle class are either helping to facilitate the robbery, or destroying the evidence after the fact.
    
    This conspiracy has no clear beginning, and up to now, no ending; it is both carefully planned and self-perpetuating. This example revolves around CMKM Diamonds simply because it is the largest single fraud ever perpetrated in the world of penny stocks. It is the central flashpoint where 50,000 shareholders were unwittingly led into the epicenter of corruption. CMKX was indeed the Perfect Storm. It was a feeding frenzy of excitement evolving into obsession, hopes lapsing into despair, and dreams turning into nightmares.    

    It’s been said that a person can rob more money with a pen than with a gun. But with the advent of electronic trading, stock message boards, and spam emails, it is the click of a mouse that is the most deadly weapon of all. The details might differ from one scam... more


  Featured Column: Global Warning  -  Mar 8, 2010
- Some Questions for President Obama
   by Robin Buckallew

    Recently President Obama has come out in favor of increasing the amount of power we generate from nuclear sources. This is his approach to reducing emissions, in face of the growing threat from global warming and the total inability of our country to come to grips with the need to reduce reliance on CO2-generating coal, oil, and natural gas. Obama isn’t the first on the left to endorse nuclear as an option; however, he is in a better position than all those who came before him to actually carry it to fruition. So, before we embark upon a big, and difficult to reverse, step in this direction, I would like to ask him a few questions. It’s possible he’s thought these things through; if so, I think we, the citizens of the world, deserve to know what he’s thinking. After all, this is our world, too, and we have to... more

  Featured Column: Commentary Too  -  Jan 26, 2010
- Why I am not a Democrat
   by Robin Buckallew

    Two years ago, I took a big step, one I never thought I would take. I ended my life-long affiliation with the Democratic Party, and changed my registration to Independent. I thought it would feel strange, sad, and empty after thirty years with the same party, supporting them financially when I could, and by my vocal and ardent support when I was financially unable. I was wrong. There wasn’t a single hint of regret, and I haven’t felt any since. Now, I freely throw away all their exhortations for donations, and channel my donations directly to candidates who have merited my support, regardless of party affiliation. The events of the past year have convinced me that my decision was a sound one. As we embarked upon a difficult and dangerous leg of our journey through history, the voters handed the Democrats the helm of the ship of state, trusting them... more
  KEN’S QUOTE OF THE DAY IS BACK. Read it every day, live by it.

Check out Mark Faulk's articles at FinancialWire.net and his new Investrend Weblog

A FIVE YEAR RETROSPECTIVE ON FINANCIAL FRAUD....SCROLL DOWN TO THE BOTTOM OF THIS PAGE TO READ ABOUT HOW WALL STREET and CONGRESS RAPED AMERICA

NOW AVAILABLE!!! The Naked Truth: Investing in the Stock Play of a Lifetime Order at www.thenakedtruthbook.com

TV interview with Mark Faulk on Business Beat Live

Contact us or send us your Faulking Opinion at faulkingtruth@gmail.com

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Latest Articles
Global Warning - Mar 8, 2010
   Some Questions for President Obama
   by Robin Buckallew

    Obama isn’t the first on the left to endorse nuclear as an option; however, he is in a better position than all those who came before him to actually carry it to fruition. So, before we embark upon a big, and difficult to reverse, step in this... more

Investing 101 - Mar 8, 2010
   A Blueprint for Corruption
   by Mark Faulk

    The details might differ from one scam to another, but the basic strategy is always the same. Stock fraud is a carefully constructed step-by-step strategy designed to rob shareholders, destroy the evidence, and cover the robbers’ trails... more

Commentary - Feb 23, 2010
   Down the Rabbit Hole
   by S.K. Eleton - Theocracy Watch

    Recently, a judge in Kentucky proudly returned his Ten Commandments poster to his courtroom wall, with the blessing of the appellate court. The appellate court, it seems, had determined that this was not a religious display, it was secular. Excuse me?... more

Blogfest 2005 - Dec 15, 2009
   And so this is Christmas....
   by Mark Faulk

    This year, the Beatles have not only been granted absolution for their sins, they have been elevated to the level of the Apostles... more

This guy walks into a bar and says... - Oct 18, 2009
   I am SO Embarrassed
   by Ken Shade

    Where you are right now doesn't have to determine where you'll end up. You were probably born into a Christian home, but you will be buried in a Muslim grave. No one's written your destiny for you, other than me, because here in Amerika, I write... more

Down The Middle - July 6, 2007
   A Splendid Little War
   by Down The Middle

    The USS Enterprise, along with it’s strike group of Aegis cruisers, destroyers, frigates and at least one nuclear, fast-attack submarine... more
Commentary Too - Jan 26, 2010
   Why I am not a Democrat
   by Robin Buckallew

    Two years ago, I ended my life-long affiliation with the Democratic Party, and changed my registration to Independent. The events of the... more
Faulking Around - Nov 1, 2009
   Tribute to a Lost Friend
   by Robin Buckallew

    There is no crisis so big that it is worth interrupting a good nap... more
Faulking Opinions - Mar 4, 2010
   Snowbound for life ? (Blog # 266)
   by Darren Saunders

    Today the SEC opened their office to big fanfare about a law OUTLAWING illegal short selling... more
Off The Rail - Nov 12, 2006
   Hindsight Hell, Truthiness, and the 80 Percent Solution
   by Mike Bohling

    The word “Truthiness” is credited to Stephen Colbert, who defined it as “truth that... more
Editor's Corner - May 7, 2009
   The Naked Truth - Autographed by the Faulking Author
   by Mark Faulk

    Order the book that nailed financial fraud BEFORE Congress decided to finally wake up... more
      A five year retrospective on financial fraud (hit "refresh" to show more articles)
 Mark Faulk - Sep 18, 2009
Financial Armageddon In Retrospect
    Years before SEC chairman Christopher Cox invoked his one-month ban in July of 2008 against naked short... more
 Mark Faulk - Oct 29, 2008
The Goldman Gang
    Their influence in the market and on our economic policies is undeniable, and even their competitors are... more
 Mark Faulk - Mar 19, 2004
Financial Terrorism in America
    Picture this: You are a small-time investor who stumbles onto a start-up company that has just developed an... more
 Mark Faulk - Oct 7, 2009
Will the SEC Finally Help Investors?
    Goldman Sachs held true to form by reciting talking points taken directly from a pamphlet that had been... more






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