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To: FHM who wrote (73)7/21/2006 12:50:19 AM
From: suzylou  Respond to of 20808
 
hi everybody! janekane here. nope, i haven't followed you, florida hockey man; i'm a subscriber to S.I. and just happened to see you. howz it hangin'? geez, louise, has the house of cards folded so soon?



To: FHM who wrote (73)7/21/2006 1:18:19 AM
From: FHM  Respond to of 20808
 
at least one publicly traded company has taken the FTD/NSS fight to court (a case worth following):

thesanitycheck.com

excellent (but lengthy) backgrounder presentation on the systemic FTD/NSS problem here:

businessjive.com



To: FHM who wrote (73)7/21/2006 7:16:59 AM
From: corprit_raider  Respond to of 20808
 
FHM:
If I were to boil it all down from the info you have provided, it seems to me this Schwab program is not designed to help people short the stocks, but it is designed for people who have already NAKED SHORTED the stock to have shares available to cover.

IOW, It is a way of "creating more available shares" to help assist a bunch of criminal naked shorters by making it easier for them to have shares available to cover that they otherwise wouldnt be able to touch.

I think the whole thing stinks to high hell.

And I havent gotten anything from TD Ameritrade yet. And I am an Apex customer so I have enough shares/acct value for them to care.

I wonder who else besides Schwab is doing this.