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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (21266)	6/21/2004 2:24:00 PM
From: sea_urchin	Respond to of 81087

Gary > What is your take on this? Amazing that shares of a public company can be listed on a foreign exchange without the knowledge of the company concerned. I have never heard of anything like it before. I imagine one has to be very careful not to hold such shares, but that's impossible to know. One would think that some legislation should have been passed to close this "loophole" but clearly the authorities in the country concerned are not interested to. A very big problem which, I imagine, can have serious repercussions. tfc-charts2.w2d.com >>Last year, over a hundred besieged public companies sought refuge from the market manipulation of short-sellers by seeking to take various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. These actions included lawsuits to withdrawals, or threatened withdrawals, from the Depository Trust and Clearing Corp. (DTCC), a registered clearing agency with the SEC, which maintains a "stock borrowing" program which critics claim fosters lengthy delivery failures and reuse of the same shares for lending, which, according to a recent lawsuit filed by Nanopierce Technologies (OTCBB:NPCT), is akin to "stock-kiting."