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

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

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To: ravenseye who wrote (2312)	3/10/2007 12:01:39 AM
From: ravenseye	Read Replies (2) of 5034

Hedge funds fight Northwest disclosure ruling The Associated Press Published: March 9, 2007 MINNEAPOLIS: A bankruptcy judge ordered several hedge funds to disclose their stock and debt holdings in Northwest Airlines, in a closely watched decision that some have said could chill trading in the claims of bankrupt companies. U.S. Bankruptcy Judge Allan Gropper on Friday rejected a request by the hedge funds to file the information under seal. He ordered them to file it publicly within three business days.... iht.com ...ordering the hedge funds to document their holdings in the airline, including the dates they bought their shares and debt, and how much they paid for it. That information amounts to a trade secret, the hedge funds argued, and disclosing how much they paid would put them at a disadvantage if they try to sell their shares or claims... ...Gropper said the hedge funds gave up their right to keep their positions secret when they began acting as a group to try to influence Northwest's reorganization....

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