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From: StockDung	2/14/2006 10:12:21 AM
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SEC Hit Today by 25 Federal Agencies on Shorting? More Later Today and Tomorrow. Location: BlogsBud Burrell - Front and Center Posted by: bburrell 2/13/2006 6:40 PM All, I have just received an unconfirmed report that a task force of 25 Federal Investigators and/or agencies(?) hit the SEC today on the shorting scandal. The source went on to say that the raid was related to reported perjury in a short selling case, either in a pleading or on the stand in a case. The source says the matter has made a number of late editions of some publications, as yet un-named. We have heard these kinds of stories before, so we have to treat them very carefully. Any and all should reach out to try and confirm or deny this. If it is true, it comes on the heels of the brilliant presentation by Rod Young today to the SEC Commission, the hit occurring just hours after he spoke. We have all hoped for something for so long with so many disappointments, it is hard to believe someone finally got off their duff here. I just hope we are not disappointed yet again. Maybe the very rumor itself will break the dam. I will get further reports this evening I will put up. We will know tomorrow almost certainly. Bud Burrell. thesanitycheck.com

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