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

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From: ravenseye5/19/2007 10:11:50 PM
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BusinessWeek
Investigations May 17, 2007, 12:01AM EST
The Crackdown on Stock-Loan Schemes
A criminal probe by the feds may reveal some of the mysteries of short sellers
by Matthew Goldstein
It may not have the cachet of mergers and acquisitions or leveraged buyouts, but the little-known business of securities lending is one of Wall Street's most lucrative. Investment banks rake in roughly $10 billion a year on the fees they collect for lending stocks and bonds to so-called short sellers—intensely secretive hedge funds and other professional traders who bet on falling prices.
Now a long-running criminal investigation may reveal some of what actually goes on among the traders, Wall Street investment firms, and independent intermediaries who help make the mysterious deals happen. BusinessWeek has learned that federal prosecutors in Brooklyn, N.Y., may be close to charging a number of current and former employees of several Wall Street firms ...
businessweek.com

Trouble In Stock-Loan Scheme Town
dealbreaker.com

Amaranth Hit For Naked Shorts
May 9, 2007
Just because you’re in the process of shutting down after losing $6.5 billion doesn’t mean the Feds will cut you a break when it comes to naked short-selling...
finalternatives.com

Amaranth's No Good, Very Bad Day Week Month Year
dealbreaker.com

Amaranth settles short-selling case with US SEC
Wed May 9, 2007 12:41PM EDT
reuters.com
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