Friday, February 2, 2018

Perkins Coie's SEC Money Laundering Trust Fund Emolument Fraud Scheme

To begin, allow me to refresh the memories of our readers:


Now, that we have that out of the way, the Securities and Exchange Commission has released its most recent report on the Perkins Coie Trust Fund, but do you still wonder why Perkins Coie Sucks?

Image result for paying someone to steal
I never include the "g".
Well, there is this thing in the U.S. Constitution called the Emoluments Clause.

No title of nobility shall be granted by the United States: and no person holding any office of profit or under them, shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatsoever, from any king, prince, or foreign state.

There is also this thing called the Hatch Act.

The Hatch Act of 1939, officially An Act to Prevent Pernicious Political Activities, is a United States federal law whose main provision prohibits  in the executive branch of the federal government, except the president, vice-president, and certain designated high-level officials
[1] from engaging in some forms of political activity. It went into law on August 2, 1939.

In essence, these two mechanisms are to prevent individuals who formally hold officies, including their spouses, not to take bribes or use information gained from their positions for personal inurement.

TRANSLATION: STOP STEALIN' FROM THE NATIONAL TREASURY!!!

Well, it seems Perkins Coie has found a loophole for, not just Members of Congress, but for the Democratic National Committee Members.

See, the scam works like this:

"The Elected Ones" pump out propaganda to push through legislation to fund their fraud schemes like TARP.

Once the funding is appropriated to unincorporated fraud schemes like Detroit Land Bank Authority, which "The Legal Genuises" (trademark pending) of Perkins Coie set up, they turn around and get paid in creative attorney fees, then invest in their Trust Funds.

The Perkins Coie Trust Funds are a special breed of trust funds because they fall under employee trusts, which has not been amended for quite some time.

I previously covered this because trust fund laws are arcane and were created as part of the peculiar institution.

Anyway, since a Member of Congress is not supposed to engage in personal inurement of office, there is nothing that says they are prohibited from creating trust funds which will substantially benefit from legislation or propaganda policies a Member promulgates.

For instance, Nancy Pelosi, Hillary Clinton, Debbie Wasserman Schultz or John Podesta, DNC head honchos, tell Perkins Coie, attorney-client privilege, that there is a big money scheme they set up, ready to be grabbed, like the Detroit Land Bank Authority.

Then, they "pay consultation fees" to Perkins Coie for setting it up through fees paid through the campaigns, where the TARP money they ripped off was funneled through NGOs like, perhaps, just saying, not really sure, just off the top of my head, the Clinton Foundation, or by whatever flavor of the week they call themselves.

Then, Perkins Coie hedges through their Trust Fund that, more than likely, these public officials  through their trust funds, are all connected because a trust fund is separate and distinct from the person, or, in this instance, the public official, and their spouses.

As you will see, below, I took my top SEC Perkins Coie picks of investments, which are the antithesis of the entire Democratic Party platform.

Seriously.

You have pharmaceutical corporations that have been hit with massive civil fines for fraud, but still ended up churning out a profit because it is cheaper to pay the regulatory fine than for the DOJ or SEC to actually do their jobs.

Then they contribute the ill gotten gains to political campaigns.

You will find all the social media companies that were "allegedgly" not hacked like Facebook, Yahoo and Twitter, to throw the 2018 Presidential General Election.

Salesforce is one of Pelosi's pets and her trust fund is in her her husband's name, (That is another tale.  Hold on.)

Then, there are lots of privatized military contractors, which means if Perkins Coie does not help its clients, who just so happen to be Democratic Members of Congress, to push the U.S. into more fake wars, everyone will lose money.

The same scenario applies to health care, which is probably why Perkins Coie Trust cut some of its health care holdings.

In short, Perkins Coie Trust is a money laundering operation for the DNC, Clinton Foundation and Detroit Land Bank Authority, and, considering the fact that it is a trust, and trusts fall under the scope of the Emoluments Clause, and considering the fact that the Attorney General Sessions has ramped up asset forfeitures in criminal activities, well, guess what, trust funds fall right up under this category, quite nicely.

Get 'em #Superfans.

Perkins Coie Trust Company Has Cut Its Unitedhealth Group (UNH) Holding; Atlas Financial Holdings (AFH) Sentiment Is 1.76


February 2, 2018 - By Hazel Jackson
Perkins Coie Trust Company decreased Unitedhealth Group Inc (UNH) stake by 12.84% reported in 2017Q3 SEC filing. Perkins Coie Trust Company sold 2,289 shares as Unitedhealth Group Inc (UNH)’s stock rose 9.50%. The Perkins Coie Trust Company holds 15,532 shares with $3.04M value, down from 17,821 last quarter. Unitedhealth Group Inc now has $227.94 billion valuation. The stock decreased 0.66% or $1.56 during the last trading session, reaching $235.22. About 4.27 million shares traded or 38.22% up from the average. UnitedHealth Group Incorporated (NYSE:UNH) has risen 32.76% since February 2, 2017 and is uptrending. It has outperformed by 16.06% the S&P500.

Atlas Financial Holdings, Inc., through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. The company has market cap of $237.61 million. The companyÂ’s automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. It has a 148.12 P/E ratio. It focuses on the light commercial vehicle sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos.

Among 26 analysts covering UnitedHealth Group (NYSE:UNH), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UnitedHealth Group had 79 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Wednesday, June 7 by Morgan Stanley. On Wednesday, June 7 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Mizuho upgraded it to “Buy” rating and $178 target in Wednesday, November 30 report. The rating was maintained by Cantor Fitzgerald with “Overweight” on Friday, April 7. Cowen & Co maintained UnitedHealth Group Incorporated (NYSE:UNH) on Friday, January 12 with “Buy” rating. The rating was upgraded by Argus Research on Friday, July 22 to “Buy”. Vetr upgraded it to “Strong-Buy” rating and $128.77 target in Wednesday, September 2 report. The stock of UnitedHealth Group Incorporated (NYSE:UNH) earned “Buy” rating by Citigroup on Friday, October 2. Citigroup maintained the stock with “Buy” rating in Wednesday, July 19 report. The company was maintained on Tuesday, January 16 by Piper Jaffray.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.11, from 1.02 in 2017Q2. It is negative, as 46 investors sold UNH shares while 524 reduced holdings. 112 funds opened positions while 408 raised stakes. 810.94 million shares or 0.66% less from 816.36 million shares in 2017Q2 were reported. Alexandria Capital Llc accumulated 0.01% or 231 shares. Chicago Equity Partners Limited Co owns 76,005 shares for 0.47% of their portfolio. Westend Advisors reported 4.5% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Braun Stacey Associates, a New York-based fund reported 87,999 shares. Fred Alger Mngmt reported 2.12% stake. Artemis Invest Mngmt Ltd Liability Partnership has invested 1.74% in UnitedHealth Group Incorporated (NYSE:UNH). Lvm Capital Ltd Mi invested in 0.21% or 4,465 shares. Palouse Mgmt reported 1.53% stake. Goldman Sachs Group has invested 0.24% in UnitedHealth Group Incorporated (NYSE:UNH). Fortaleza Asset Mgmt owns 2,070 shares for 0.74% of their portfolio. Moreover, Kcm Advsr Limited Company has 0.12% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 9,975 shares. Ubs Asset Mgmt Americas has invested 0.8% in UnitedHealth Group Incorporated (NYSE:UNH). Girard Partners Limited reported 35,049 shares. Murphy Pohlad Asset Ltd Liability Corp owns 9,877 shares or 1.34% of their US portfolio. Alliancebernstein LP reported 7.24 million shares or 1.06% of all its holdings.

Since August 3, 2017, it had 0 insider purchases, and 9 insider sales for $27.93 million activity. 50,574 shares were sold by RENFRO LARRY C, worth $10.02 million. Shares for $2.46M were sold by BALLARD WILLIAM C JR on Tuesday, January 23. WILENSKY GAIL R sold $1.12M worth of UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, September 5. 15,000 shares were sold by BURKE RICHARD T, worth $2.88 million on Monday, August 21. 198 shares valued at $48,025 were sold by Shine Kenneth Irwin on Friday, January 19. On Thursday, October 19 the insider ROOS THOMAS E sold $200,333.

Since January 1, 0001, it had 0 buys, and 20 insider sales for $1.86 million activity.

The stock decreased 1.50% or $0.3 during the last trading session, reaching $19.75. About 26,708 shares traded. Atlas Financial Holdings, Inc. (AFH) has declined 15.27% since February 2, 2017 and is downtrending. It has underperformed by 31.97% the S&P500.

Analysts await Atlas Financial Holdings, Inc. (NASDAQ:AFH) to report earnings on March, 12. They expect $0.32 earnings per share, up 114.10% or $2.59 from last year’s $-2.27 per share. AFH’s profit will be $3.85 million for 15.43 P/E if the $0.32 EPS becomes a reality. After $0.63 actual earnings per share reported by Atlas Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts -49.21% negative EPS growth.

The following are my picks of corporations that have been hit with DOJ civil settlement MOAs in fraud or just engage in questionable, really questionable, contractual activities with the federal government.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
AT&T INC
ABBOTT LABS
BANK OF AMERICA CORP
BANK OF AMERICA CORP
BANK OF NEW YORK MELLON CORP
BERKSHIRE HATHAWAY INC
BLACKROCK INC
CELGENE CORP
ENBRIDGE INC.
EXXON MOBIL CORP
FACEBOOK INC
INTEL CORP
JPMORGAN CHASE & CO
LAS VEGAS SANDS
LILLY ELI & CO
LIONS GATE ENTERTAINMENT
LOCKHEED MARTIN CORP
MERCK & CO INC
MICROSOFT CORP
NORTHROP GRUMMAN CORP
NOVARTIS AG
PFIZER INC
POTLATCH CORPORATION
QUALCOMM INC
SALESFORCE.COM INC
SEATTLE GENETICS
TWITTER INC
UNITED PARCEL SERVICE INC
UNITEDHEALTH GROUP INC
VANGUARD
WAL-MART STORES INC
ZILLOW GROUP INC


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