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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board)
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From: Tadsamillionaire3/13/2007 12:26:59 PM
   of 6687
 
Bloomberg to tell the story that Dateline didn't

by Mark Faulk

It’s been almost two years since NBC’s Dateline caved in to corporate and/or political pressure and delayed their own expose’ on naked short selling, or stock counterfeiting, then aired a segment which this reporter described as: “the most irrelevant piece of fluff ever aired in the history of television. It would be the equivalent of spending a year putting together a documentary on the Watergate scandal, and then editing it down to a ten minute piece about Nixon's dog Checkers.”

Now, Bloomberg Television, is airing a half-hour special report that will hopefully cover the issues that Dateline didn’t have the balls to tackle. Entitled “Phantom Shares,” it airs Tuesday, March 13, at 7:00pm, 9:00pm, and 10:00pm EST.

This is how the network describes the groundbreaking event on their website:

Millions of shares of stock are being sold that may not exist. How? Through an obscure trading strategy known as naked short selling. Bloomberg Television's Special Report hosted by Mike Schneider explains what the strategy is, how it's executed, which companies are targets, and what the SEC is trying to do to control it.

This one should be well worth watching, and can be accessed on the internet at:

bloomberg.com

FROM RB
ragingbull.quote.com
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