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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 (4528)	7/3/2009 8:34:38 AM
From: rrufff	2 Recommendations Read Replies (1) \| Respond to of 5034

You are so right about "tasking" and how it caused the regulators to miss the Madoff scam. His former MM business continues to "escape" scrutiny and it is deemed by the media to be his legitimate business. Unfortunately, its role in fails to deliver and MM manipulation may be a long way from being analyzed objectively. Is it reasonable to believe that the person who pretty much put together NASDAQ, in its current form, and who formulated history's biggest Ponzi scheme, would run a MM business that did not manipulate the exception to naked short selling? I've been criticized over the years by self-styled "cyber sleupps" for wasting efforts on manipulative short selling and related MM and hedge fund scams. Their reasoning is that regulators should not focus on naked short selling, market makers and hedge funds, because it is more important to "out" penny stock scams. I've had posters cry to me that MM's provide a service, that they are honorable and don't abuse the system. Others have claimed that hedge funds don't need regulation and registration. They argue that restrictions on short selling are not needed as scam busters provide a check on market excess and create volume that would allow for artificial runs. It seems that these "cyber sleupps" also missed the Madoff scam because of this tunnel vision and lack of "tasking." Or was it merely that their scam was ok so long as the focus was on other scams, mostly penny stock scams?