Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: research1234 who wrote (2411)	3/29/2007 6:21:40 PM
From: NightOwl	of 5034

Sounds reasonable Mr. Research1234 but I wonder... If I was planning to ride that revolving door to fame and fortune, I'd want to make sure the SEC was as big, invasive and all encompassing as possible while I was there to maximize the value of my knowledge base upon leaving. Perhaps more importantly... to make sure somebody would be willing to pay me beau-coup bucks to get me out ASAP. <vbg> And if I could justify this "iron boot" regime while being pressured by all the flap over fraudulent stock and the obvious risks of "not knowing" the scope of the problem... well... what kind of mope is going to stand up in front of Congress and argue in support of his/her right to commit fraud to dispute me... Mr SEC... the legally recognized administrative expert in the field? This doesn't smell like the S&L fiasco at all to me. The politicos didn't decide to deregulate the DTC... They didn't force the SEC to let a bunch of used car salesmen take over the joint... And then brow beat the SEC staff into turning the regulatory cheek when the "entrepreneurs" ran the business into the ground. No. Unless somebody can show me that several generations of senior staff at the SEC are all getting paid under the table yet no one is leaking the news, I just don't see this as a "political/greed" problem. This is a bottom up problem, evolutionary and natural. I think it's much more like the Lloyd's of London insolvency. Self-regulation run amok... as it is wont to do when faced with changing conditions and gabillions of dollars going down a rat hole. But I'm certain the people at the SEC are not idiots. They have lived through both the S&L and Lloyd's crises... They've seen Wall Streets' unregulated "fleets" of derivatives, hedge funds, and counterfeit shares just keep growing and growing as all the real assets in this "fishery" just keep shrinking and shrinking... They're starting to see the more practical IPO "rats" disembark in foreign ports... They have seen this movie hundreds of times. They know where its going to end. So why don't they do something meaningful? I mean... at the very least... why not draw the line at criminal leveraging through fraudulent stock sales?!? How tough could that be??! What could possibly be holding them back? What Bible toting, investor/politician/citizen could possibly fail to cover their backs in this fight?!! Frankly this level of denial at the SEC far higher than I've ever seen before anywhere outside a war zone. It takes some serious guts to sit on a powder keg of this magnitude. It's clearly not your typical bureaucratic inertia. I am beginning to think that they're afraid to get in front of this train because of what they know, or fear, will happen if they start cutting off broker/banker leverage of any kind. But whatever the cause, this latest pointless extension leaves me no choice but to assume that their thinking is now... completely delusional. This will be yet another demonstration of the ultimate superiority of State regulation. It is practically impossible to get 50 regulators to suffer from the same delusion at the same time. <vbg> Let us give thanks that they are not in charge of The War on Terror... Oh wait... I better check the spending projections on that "market segment without end" first! <Hoo><ack><choke><Hooie> 0\|0

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next