DTCC, CEDE & Company

in #cede • 6 years ago

  1. What is the DTCC and why is it so secretive and important?

  2. How can the DTCC process and clear the billions of High Frequency Trades that happen in milliseconds every day?

  3. Why are there over 300 Million stock trades that occur every day that are never processed or delivered?

  4. How many phoney and duplicate stock certificates of mining companies are there at the DTCC?

  5. What happened to the $36T worth of paper securities that were submerged underwater during Hurricane Sandy?

  6. Why were all the gold and silver swap contracts transferred to the vault at 55 Water Street just weeks before it was flooded?

  7. How did a huge fire erupt in the DTCC vault basement just after all the water was pumped out?

  8. Why was ex-CFTC Commissioner Michael Dunn (who argued against Dodd-Frank Swap Regulations) put in charge of the DTCC Vault just months before it flooded?

  9. Why does the DTCC hold legal title to all stocks, corporate and muni bonds, physical bearer bonds and even derivative contracts under the nominee name “CEDE & Company”?

  10. If the government, Federal Reserve, exchanges and banks don’t own the DTCC…who does?

  11. Why does the DTCC hold legal title to 99% of all mortgages in the world? (even yours!)

  12. What are the ramifications of the DTCC (and their bankruptcy remote entity “CEDE & Company”) owning legal title to 99% of all financial instruments in the world?
    END

#dtcc
6 years ago in #cede by
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