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.
Pastimes : Eddy Blinker for Chairman of the Fed!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hoatzin who wrote (43)1/12/1999 9:50:00 PM
From: Eddy Blinker  Read Replies (1) of 53
 
<that short-selling is a normal>

Kevin,

When did the practice of short-selling commence? Who cares? Right?

Nevertheless you can agree that U.S. society in it's perception of morals, ethics, law and order etc in 1960 was substantially a different one as today in 1999. I do not know your age but I am certain that anyone from that period would confirm the following.

Money wise speaking you could take a handshake to the bank. You could check into any Hotel or Motel in the country and sign on as John Doe and up to 7 days nobody would bother you for a single dollar. You could rent a car paying with a personal check without bother and on and on.

Compared to today it was paradise on earth. Surely not for everyone but let's just settle for the term " majority of inhabitants."

Now my contention is that white collar crime into which category stock manipulation in any form or shape falls has not only equalized the general decaying process over those past decades but through technology advances in tandem with negative media impact has actually reached a multiplication factor of XXX. I have no statistics but I venture to speculate that for every mugged buck 100 are swindled on stock exchanges.

With negative media impact I mean to say that every time there is a stock crime committed the public is shown in more then in one way that it pays to be in that game, compared to robbing a bank or hit someone over the head.

Compare Gotti with Keating. 24 hours Isolation in a dungeon vi-sa-vis 24 hours of Ice cream in pleasant landscape and view of the sea. Look at Milken and all the other fellows.

Thousands of families financially ruined for good, against a few hit men's executions. They selected their dangerous life-style. The others were swindled out of their life- savings.

I do a little more again tomorrow. No need to respond

ED
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News