SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: basserdan who wrote (4141)1/6/2009 1:35:30 PM
From: BWAC1 Recommendation  Respond to of 5034
 
But the SEC just can't quite seem to connect the dots. Even when they are in plain sight to see.



To: basserdan who wrote (4141)1/8/2009 7:59:05 AM
From: rrufff1 Recommendation  Respond to of 5034
 
How can it be that these bastions of hedge fund shorting might have been involved in insider trading? Billionaires now and do they get a mention in self-styled "cyber sleupp" world of scam exposing?

Thanks to email messages and trading data recently obtained through discovery in the Fairfax Financial vs. SAC Capital, et al, lawsuit, we know that hedge funds such as Rocker Partners (later Copper River Partners), Kynikos Associates, Third Point Capital, and SAC Capital all traded ahead of this material, non-public information.

And that, dear readers, is likely illegal.

In attempting to unravel how all this came about, one hedge fund name appears over and over: Kynikos Associates, run by James Chanos, who also serves as Chairman of the Coalition of Private Investment Companies, the hedge fund industry’s Washington DC lobbying organ.