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

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From: rrufff5/14/2008 3:17:06 PM
   of 5034
 
Message 24587035

From: train_wreck 5/14/2008 8:48:59 AM
2 Recommendations of 103793

politicalbase.com

Looks like Stevie Cohen was contributing to those involved in market regulations. These guys are all part of Senate Banking.

Bennett - Utah
Dodd - Connecticut
Bayh - Indiana

Looks like he was trying to get in close with a potential VP in a recent contribution.

A moderate voice amongst the Democrats, there has been talk of Bayh as a possible '08 Vice President pick.


"American hedge funds have increased their political donations by more than two thirds in the past four years and the figure is set to rise considerably in the run-up to the 2008 presidential election.

At a time when the industry is striving to deflect intensifying regulatory scrutiny, the top 50 hedge funds contributed $6 million (£3 million) to candidates for the House of Representatives and Senate, and their political parties, in 2005 and 2006, according to the Centre for Responsive Politics in Washington.

Steven Cohen, the head of SAC Capital, Wesley Edens of Fortress Investments, and Kenneth Griffin of Citadel were among the biggest individual donors over those two years. They gave $105,450, $42,300 and $68,900 respectively, while total staff contributions from their funds came in at $192,200, $169,100 and $217,433."

business.timesonline.co.uk.
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