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


To: The Ox who wrote (4037)12/12/2008 3:13:35 PM
From: BWAC1 Recommendation  Respond to of 5034
 
AMTD just loved to flow orders to MADF. Especially small tech company orders........... I've went rounds and rounds in the past with them over orders flowed to MADF.

Like you say, lot of rocks getting turned over.



To: The Ox who wrote (4037)12/12/2008 3:40:17 PM
From: BWAC2 Recommendations  Respond to of 5034
 
Even better, lets set up a hedge fund, clear thru a related/controlled house, and have them print up the statements and deal with all the auditor inquiries. Good grief!

Hello SEC?!? Are you morons! Or just paid to look the other way?



To: The Ox who wrote (4037)12/12/2008 3:42:38 PM
From: BWAC  Respond to of 5034
 
Madoff Securities’ Auditor Generated ‘Red Flags’ (Update1)
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By David Glovin, Karen Freifeld and David Voreacos

Dec. 12 (Bloomberg) -- Aksia LLC, an adviser to hedge fund investors, warned clients not to put their money with Bernard Madoff after learning of “red flags” at his company, including that its books were audited by a three-person accounting firm.

Bernard L. Madoff Investment Securities LLC used Friehling & Horowitz, an auditor operating out of a 13-by-18 foot location in an office park in New York City’s northern suburbs. Madoff was charged by federal prosecutors yesterday with running what he said was a $50 billion Ponzi scheme. The auditor signed off on Madoff’s annual financial statement through Oct. 31, 2006, according to a copy obtained by Bloomberg News.

bloomberg.com