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


To: basserdan who wrote (4045)12/15/2008 12:17:22 AM
From: Hawkmoon1 Recommendation  Read Replies (1) | Respond to of 5034
 
Mr. Madoff surely knows something about this scheme. Market makers (Madoff’s operation was among the better known) are exempt from rules prohibiting naked short selling.

Isn't it amazing!! Madoff "fails to deliver" on $50 Billion of investor's cash, apparently used for market making purposes, so can it be any surprise that he's probably involved in the horrendous counterfeiting of common stock by failing to deliver on actual stock that he has shorted.

Who's responsible for making good on these shares of stock shorted as a result of his market making activities??

Hawk