Investment Chat Board Lawsuits 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.

Pastimes : Investment Chat Board Lawsuits

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: StockDung	2/3/2005 12:45:39 PM
	Read Replies (3) of 12465

Latest Dateline Naked Shorting story making its round on the message boards. By: wackadoo 02 Feb 2005, 09:22 PM EST Msg. 82501 of 82501 Jump to msg. # Update on Dateline NBC--Naked Shorts 2/2/05 By: bill19336 02 Feb 2005, 06:01 PM EST Msg. 150986 of 151045 Jump to msg. # *Update on Dateline NBC -- Naked Shorts 2/2/05.... So, what "bombshells" could the expose contain? 1) Former Under Secretary of Commerce Robert Shapiro has reportedly told Dateline that the Illegal Shorting and stock manipulation has attributed to $500 Billion to $1 Trillion in economic losses to Investors. 2) Recently convicted individuals for securities fraud have reportedly informed Dateline of the mechanisms to the stock manipulation including the bribing of US Brokers via the use of pre-paid credit cards as well as the Bribing of Regulatory Officials empowered to protect the Investors. 3) Dateline has reportedly spoken to "Players" who have identified the Banking locations (Bahamas, Bermuda, etc?) where Offshore Hedge Funds are being used as the tool to manipulate the securities. Major US Firms are Investors in the Funds seeking quick and easy profits. 4) Dateline has reportedly been provided evidence of the 5 major US Organized Crime families being implicated in this securities fraud scandal as well as links to Terrorism leading into Saudi Arabia among other locations. 5) Finally, Dateline has reportedly spoken to ex-executives of the Depository Trust who have explained in great detail the operations of the DTCC and how that operation is helping in this fraud. The DTCC hides the level of illegal trades (settlement failures) that are the means to the stock manipulation. And don't forget that.... 6) Now that SHO has now come into effect there will be even more empirical evidence to base future prosecutions on. 7) The Patriot Act (enforced under order of President Bush) will bring with it unparalleled disclosure to regulators, politicians and journalists which will further expose the world of the manipulator. 8) The politicians realize how fragile and open to manipulation our financial system is and are now pushing for reforms. It's rumored the terrorists shorted the airline stocks a few days before the 9/11 attack. In summary, there is much, much more to come and in my opinion and it's just a matter of time before SOME of the manipulators get their just deserts. Good Luck and it's all speculation ******************************************************************** IMPORTANT NOTES 1. At some point in the near future we MAY have to begin an email and phone campaign aimed at providing the Dateline producer the needed support to insist that the story on illegal shorting be aired. We need to STAND UP for ourselves & ""we cannot allow the story to be shelved by the people who are behind the criminal activities"". 2. My thanks to gojmha from the RB boards for bringing my attention to this article - - - - -

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next