Email to Rick Newman in 2008 Informing Him About Washington Mutual and Me Being Banned

Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here.

Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, here, here, and here.

-------------------------------------------------------------------------------------------------------------------------------------

December 11, 2008

Rick Newman, Yahoo Finance

The following email was in response to an email I received which was in response to my first email, in which I brought up having been black balled by all media for no reason other than to prevent the truth about the financial crisis from being known to the public. Apparently, Newman misinterpreted the purpose of that email because his response (I no longer have that email) was centered on being an apologist for media coverage for book promotion purposes. I suppose he thought this because this is the way he and most everyone else thinks. They are always looking to do something only in exchange for some kind of financial benefit. In the email below, I felt the need to clarify my message.  Clearly, Newman isn’t exactly the sharpest knife in the drawer.

Background reading materials

The Biggest Banking Heist in World History: Washington Mutual

Illegal Seizure of Washington Mutual (complaint to SEC)

Blast from the Past: Mike Predicts Demise of Washington Mutual and Lehman

Evidence the SEC Ignored WaMu's Request to be SAVED

WaMu: One Year Later and Still No Indictments

WaMu Insider Trading & Naked Short Selling

Ignorance of Main Street Best Seen in WaMu Shareholders

WaMu Coverup: Email to Dan Wilchins Reuters Prick and Wall Street Hack

----------------------------------------------------------------------------------------------------------------------------------

Rick, I don’t think you don't get it. I could care less about my book. I sacrificed my time and effort to warn people about the financial crisis well in advance, hoping to help them avoid being wiped out. I made a huge sacrifice thinking I would save people from financial ruin, so I thought it would be worth it. But I was blackballed by the media. 

I am the leading expert on this crisis. And I have sent you the materials which confirm that fact. Yet, I have been completely blackballed by the media even after my predictions have confirmed my expertise. That’s the central issue here. Hopefully you’re able to spend adequate time and know enough about what’s going on to appreciate the research and findings contained in my book (America’s Financial Apocalypse).

My frustration in being ignored by the media has 0 to do with promoting my book. My book merely serves as evidence of my claims of understanding this crisis better than anyone. Thus, why have I been blackballed?  Why is the media promoting stooges and clowns who failed to predict the crisis?

Only those who predicted this mess are in the position to understand best what to expect. That would be me.

There is no valid explanation why I have been ignored based upon my credentials and the accuracy of my predictions other than the fact that the media wants to preserve its political and financial agendas.

When I see the idiots on TV spewing useless lies and ridiculous claims it makes my stomach turn. When I confirm what I suspected - they have no credibility - it makes things worse.

You are a journalist. Whether anyone reads your books is up to your ability to convince your friends in the industry to give you promo time. That's how it works on your end.

I am an expert who happened to write a book. And I am certain that Americans want to hear from me because I am the only person who understands this mess and predicted it in detail unlike anyone else. And I am the only one who isn't trying to promote their business.  I did not mention anything about my business in my book.

I only deal with hedge funds. I'm not trying to scare people so they will invest with me. I could have saved them trillions of dollars in losses but the media shut me out and now I'm fighting back. It is going to be a fight I will pursue for the rest of my life. 

You have to understand that the primary motives for the media are to preserve their political and financial agendas. For instance, I was informed my Chip Hanlon, president of Delta Global Advisers and owner of Greenfacucet.com that if I toned my views down, he could get me on CNBC, as he was able to get Mike Pento (of Delta Global) to become a regular guest on Kudlow and so forth What  a joke.

I won't be bought off. All of these crooks play by the rules of the game so they can get on air to promote themselves. They don't care about telling the truth. Others are just too stupid to know what's going on.

Let's look at Peter Schiff. This guy has nowhere near my level of expertise. His understanding of things is one-dimensional.  And his objectives are purely financially and politically motivated.

Aside from that, Peter allows hosts on shows where he is featured to poke fun of him and make jokes at his expense because he knows that’s part of the game. And because all he cares about is preserving his status as a media whore (so he can promote his brokerage firm and useless book) he shamelessly goes along with it.

THE PROBLEM IS THAT MOST PEOPLE HAVE NOT TAKEN HIS MESSAGE SERIOUSLY SINCE THE HOSTS MADE JOKES AT HIS EXPENSE. They have effectively discredited his analyses. That serves one agenda of the media in not having a credible source who is able to intelligently explain, detail and offer evidence of what’s really going on. But you see, Peter doesn't care about being credible or being realistic because he’s there to sell his smoke and mirrors. Therefore, he plays by the rules of the game. This is why Schiff is now a media whore, despite the fact that most of his calls have been horrendous.  

Maybe you aren't familiar with the idiots who are positioned as experts...the guys who have been 100% wrong...look at YouTube for recorded archives...Don Luskin, Larry Kudlow, the idiots on Mad Money, Cramer, the rest of the idiots on CNBC and FOX. It's astounding. ALL OF THESE GUYS HAD MY BOOK IN THEIR HANDS in 2007. They were all contacted and declined to schedule me for an interview. Why?  

You figure it out. POLITICAL AND FINANCIAL AGENDAS. 

I'm sure you know who pays the bills of TV networks - corporate America. And when it comes to financial networks, it's the financial industry.

As far as political agendas, surely you know that the head producers of each network are told what to and not to say from contacts in the White House. This explains why the media continues to interview these useless economists who are ALWAYS wrong.

The reason why the media industry has been suffering for years is because people are fed up with the lies and BS. They want valuable content. For financial news, they want credible and accurate guidance.  

Perhaps it is you who doesn't understand the media.  I certainly do. Once again, I could give a damn about my book. The point is that it was a selfless attempt to help people, with NO AGENDAS. I was not trying to get business or sell gold unlike others.

Most fund managers who were able to navigate this crisis read my book. The problem is that they didn't have their retirement savings on the line, but millions of everyday Americans who could have been saved did. The media is just as guilty as Wall Street and Washington in this mess. I hope you realize that. 

I continue to receive contact from fund managers who have read my book and who ask me why I haven't been on TV.  Of course, they don't understand how things work. After I explain the deal, they realize it. 

Rick, this is why everyone gets screwed except a few insiders during economic fallouts. The media screws people with denials, liars, and crooks.

My war against America's Nazi-like media industry is just beginning. 

I have always been for the people. I do not like crooks and I do not like dishonesty, especially when it involves exploiting people. The media is guilty of this just as much as Wall Street. 

Have a look at excerpts from my book so you can see no one made the predictions I did. I've also included a piece explaining how and why economists are useless.

Finally, I am working on a piece dissecting the media, although it’s very early stage, but you'll get the idea. I have exposed dozens of their tricks and I will soon be publishing them for the public to see.

Thanks for your time.  

Respectfully,

Mike Stathis

Managing Principal, Apex Venture Advisors

----------------------------------------------------------------------------------------------------------------------

As you can imagine, I never heard from Newman again because his purpose is to deceive the public, just like everyone else in the media.  

Background reading materials

The Biggest Banking Heist in World History: Washington Mutual

Illegal Seizure of Washington Mutual (complaint to SEC)

Blast from the Past: Mike Predicts Demise of Washington Mutual and Lehman

Evidence the SEC Ignored WaMu's Request to be SAVED

WaMu: One Year Later and Still No Indictments

WaMu Insider Trading & Naked Short Selling

Ignorance of Main Street Best Seen in WaMu Shareholders

WaMu Coverup: Email to Dan Wilchins Reuters Prick and Wall Street Hack