“The only way to play and win is if you’re part of the system, have inside information funneled on where the rules are headed so you know what move to make, which game to play. ”
Who makes that kind of bet? Insider trading. Unbelievable. Phantom shares. WOW! That’s better than fixing a boxing fight. Totally manipulated! It was all rigged!
Man. Every day it’s just one incredible story after another. Return of 8000%.
WTF did the money go? Who did the short-sellinig?
What a non answer at the committe hearing. They must have all been lawyers in a previous life.
We need to revamp the SEC! Fire or put them all in jail.
I am so outraged right now.
Can’t believe they pulled that shit twice, w/Bear Stearns and Lehman.
Question: Anyone think al-Qaeda is involved? Who does this? It’s taking our country down.
There’s been more damage done to our economy now than 9/11. We are a laughing stock.
How can the SEC not disclose who is behind who is naked short selling?
Jim Chanos manages the hedge fund, but the money in the hedge fund comes from somewhere. Man. Next time I go practice w/some rounds, I may have to put their photo up. I bet I would improve considerably.
Edit – this wasn’t just ordinary short selling or naked short selling. They placed their “bet” to the day (10 days?)