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Naked Short Sales Hint Fraud in Bringing Down Lehman

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  • Naked Short Sales Hint Fraud in Bringing Down Lehman

    Naked Short Selling seems to be leaking into the MSM a bit more than usual. Anyone here have experience with the gun toting wall st crowd?

    http://www.bloomberg.com/apps/news?p...efer=exclusive

  • #2
    Re: Naked Short Sales Hint Fraud in Bringing Down Lehman

    Does the SEC initiate a RICO investigation or the FBI?

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    • #3
      Re: Naked Short Sales Hint Fraud in Bringing Down Lehman

      Originally posted by vanvaley1 View Post
      Does the SEC initiate a RICO investigation or the FBI?

      SEC is civil only, the DOJ now under US Attorney General Eric Holder needs to get off their ass and start the perp walks already.

      There will be no confidence in the markets without allot of perp walks and show trials.

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      • #4
        Re: Naked Short Sales Hint Fraud in Bringing Down Lehman

        Bloomberg, Euromoney, and Forbes are the only ones in the "MSM" to discuss the issue of naked short selling in any in-depth way. The rest of the financial press, once again, has dropped the ball on this. As a matter of fact, Bloomberg's exposé was nominated for an Emmy for its investigations into naked short selling. Here is the video if you haven't seen it already:

        http://vimeo.com/1942953

        And here are the Forbes and Euromoney articles:

        http://www.forbes.com/opinions/2008/...egulation.html

        http://www.euromoney.com/Article/206...ked-truth.html



        Originally posted by seanm123 View Post
        Naked Short Selling seems to be leaking into the MSM a bit more than usual. Anyone here have experience with the gun toting wall st crowd?

        http://www.bloomberg.com/apps/news?p...efer=exclusive

        Comment

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