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

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To: NightOwl who wrote (3197)2/22/2008 6:56:30 AM
From: rrufff   of 5034
 
Mr. PChuang and Mr. NightOwl - excellent posts with respect to the current mortgage insurance crisis.

The media misses what affects "us" most. We have different sets of moneyed interests, who have set up pools to theoretically make billions on obfuscated opaque derivatives, that claim to take the inefficiencies out of the system a penny (or fraction of a penny) at a time, until the "investors" get a few billion bucks, (give or take a few).

Yet, when it goes wrong, who pays?

Is it the hedge fund billion dollar promoter loved by "crusaders?"

Is it the management of the insurers who created extra pennies at the cost of nice fees and inordinate risk?

NOPE

Look in the mirror.
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