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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (3961)11/10/2008 11:15:37 AM
From: rrufff1 Recommendation  Respond to of 5034
 
Under the topic of Hypocritical Posters who Pander to Manipulation by Hedge Funds - I just read a post by someone I consider the most hypocritical poster on stock boards.

The essence of his post is that the SEC spent too much time on the issues of NSS and this somehow caused the financial crisis. Not only is this absurd on its face, but it tries to do what he criticizes, and that is, deflect the issues of the day away from the incredible manipulation of hedge funds.

When the final story is written, I bet that high up on the list of causes of our current financial crisis is the reduced margin (or similar in the case of derivatives) and unfettered counterfeiting of assets by those who were encouraged to gamble at the expense of US industry.

This particular industry defender, hypocrite in chief, seems to be bemoaning the heat felt by the gamblers who pushed oil from under 50 to 147 and almost back and their associates who have had free reign as derivatives and counterfeiting of assets have flourished over the last 8 years or so.