SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rrufff who wrote (4130)1/2/2009 6:22:54 PM
From: makeuwonder  Read Replies (1) of 5034
 
Ruff

"His business was admittedly a scam and for anyone to think he ran his MM business in an altruistic way, as many defenders of the archaic MM system seem to think, is ludicrous."

I'm so sorry. My brain is fried. You hit the nail on the head. It's way bigger than Madoff and I bet the records are exposing tons of people. They don't want to let out the names due to maybe the people whose names are on the list. I would bet some pretty well known people are in on it.

And as far as the people who had money in Madoff's funds. I would about bet they knew all along it was a Ponzi scam and as long as they got their faithful return on their investment they didn't care one wit. I don't feel sorry for them at all. It wouldn't surprise me if on that list of people who he has in his funds are a bunch of good ole wall street boys.

I hope people stay on this. They still are fooling and hiding from the General public about how this is really going and what happened. They are printing stuff that would confuse them and most likely people aren't even bothering to read it because they don't have a clue what this all means.

I hope for our Country's sake there's some honest people who are really serious about making this right. I am praying with all my heart and soul that God helps us with this one because that's what the American people need to bust up this ring of theive's. It's big. You know. I know it and they know it. That's why they keep confusing everyone. They didn't think things through and most likely thought they could pull off the same scam their great granddaddy pulled off but forgot to check the new laws regarding "KNOW YOUR CLIENT" even off shore. The old days they had no clue and it got brushed over at the expense of the people. This time there's a trail and it's all on computers. I wonder if when building 7 got blown up on that September day they thought they had their rears covered but failed to think that the files weren't just held in that one building like in the old days. Those files were backed up in other sources and the information was still there. In the old days if the same thing happened the only evidence they would have had would have burned down with the building. Not the same this time. I hope I'm right. It sure would be nice to see our Country come back to life again.

I guess I'm a big dreamer because I believe that if they are forced to either cover the shares or refund the money and let people then buy the shares they thought they purchased or whatever things will come back but this time in the middle class guys favor.

I hope this is making sense. BTW....Happy New Year to everyone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext