US DEPT JUSTICE: HOW THIS COULD ALL HAVE BEEN PREVENTED. ANALysts need to be rated + plus or - minus % percentages and graphable % percentages to their estimates. And this rating should be disclosed every time they make an upgrade, downgrade, along with their conflicts in house brokerage and underwriting deals with the companies they follow, and the competitors of the companies they criticize. Also, short selling needs to be made either illegal, or express written permission from brokerage customer shareholders should be required each and every time a short seller wants to "borrow" the customers shares to Short Sell them, otherwise we have here the makings of a major RICO Class action lawsuits for Criminal Conversion and conspiracy to defraud millions of shareholders of the equitable ownership of their shares, the value, by driving prices down, in a combination and conspiracy with others, to then Cover Their Short Sale at the lowered bottom prices, especially in those stocks that are known, in house with in house brokerage data, to contain margin account shareholders who will be forced to sell these shares at any lowered price, to meet margin and maintenance calls. The only way Short Selling should be allowed is with a Verisign VRSN type registered transaction code being sent approving the "borrowing" with some fee or interest being charged and given to the shareholder owner, which in fiduciary law, such proceeds do indeed belong to the equitable owner, and not the short seller nor the brokerage house.
I am,
Truly your$,
-Crystal Ball |
