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thanks for the update nufced :) Maybe Faulk is gonna be a good ceo afterall. Forgive me for not trusting authority after my runins with the past SEC officials for 17 years now.
Bailout plan is coming. Diamond claims must have been worth more than 1 dollar per share so the gov't can still profit from the payout.
700B divided by 200M people is 3500 dollars per person, not 400,000.
Morgan Stanley just sold 20% to Japan
omg they are going to pay for nss w taxpayers' monies
Just like the SEC dodged the fact that naked shorting exists, then that it was rampant, then that it was collapsing the entire economy, so too will the gov't get rid of all legal responsibility to pay for the wrongdoings by dissolving the entities that were involved... at least the logic fits.
LEH, MER, etc. etc.
That's right children, is it possible that no DOES and ROES will remain to be made to pay for their crimes?
more countries than just the UK:
Luxembourg regulator bans naked short-selling
http://www.iii.co.uk/news/?type=afxnews&....&action=article
Australian Exchange to Abolish `Naked' Short Selling
http://www.bloomberg.com/apps/news?pid=20601081&sid=aWHi7_L06yq0
SEC Pushes Hedge Fund Oath in Manipulation Probe
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9AeBwRLLoHk
German regulator bans short-selling in financial stocks
http://news.yahoo.com/s/afp/20080920/bs_....ts_080920085848
Canadian regulator places ban on short-selling
http://news.yahoo.com/s/nm/20080919/wl_c....rtselling_col_2
Regulators move to stop some short selling
http://www.iht.com/articles/2008/09/19/business/sell.php
National market regulators in France, Portugal and Ireland took similar steps
ESCA warns on ‘Short Selling’
http://www.khaleejtimes.com/DisplayArtic....eptember692.xml
Short-selling banned in 11 stocks
http://www.gulf-daily-news.com/Story.asp?Article=229493&Sn=BUSI&IssueID=31185
SEC Issues New Rules To Combat Naked Short Selling Abuses
http://www.mondaq.com/article.asp?articleid=66358
Anyone that thinks that printing dollars can save our financial institution better rethink that.
McCain says Cox should be fired, he's lost. Cox should be jailed. Obama was oblivious.
Tax payers now going to rescue these fools? What a f'n insult.
Does and Roes are bankrupt or soon to be. No sense suing now.
reinstate the UPTICK RULE that you did away with Cox. Only a dummy would think you should be fired instead of thrown in jail. Why did you make laws against naked shorting when laws already exist!
sounds like the holocaust
I wonder if Uncle Sam knew that he was going to have to pay for a few quadrillion nss before he agreed to bail these crooks out.
IQ1, the DOES and ROES are all going bankrupt and reorganizing and Uncle Sam has the bill. There will be nobody to sue.
Was it Pete or Repete?
SEC needs to be dismantled, reorganized under DOJ
lol front page news: McCain would fire Cox
Cox's toothless wonder is softer than a split tail.
This rule has no teeth
this rule has no teeth
The news basically says the demand for this stock is gone. Move on. Worthless dividend to come, restricted shares that have no value.
See ya next time something gets interesting in pennyland.
I'm amazed the DOW has held 8,000
Wow this thing really died.
wonder if BoA knows how much nss is "not on MER's books"
Was the stock market a scam from its inception? If so, it would make sense that any stock is a scam as well.
Thanks for posting the podcast nufced
Janice its one and the same. Bend a rule here, bend a rule there, and before long the economy is slowing down... then it kinda spudders so HEY lay off a bit, oh we need to build another marble skyscraper, ok hit em again... and again.. and then suddenly the law of supply and demand doesn't work, anywhere.
Final thought, why 911 PR was disrespectful...
Those lives are lost. Forever.
No amount of rightious fury, redemption, money paid by those that failed to deliver destruction upon our economy (and tried) can make up for those lives lost.
CMKX was disrespectful and should apologize in a public statement for lack of honor for the American people.
jimmy, from what I have heard from the grapevine the money is coming from a loan that Frizzel took out, and most of the work he is doing himself.
But you have to hand it to Frizzel, he is the glue that didn't unstick!
imo nss and 911 could be linked, true. i.e. Destroy the paper trail of naked shorts and perpetuate the milking of the country through small business (and hey lets try big business too, nobody seems to get caught!). Great way to destroy the economy from the inside out, exactly how bin laden said he would...
but lets say the nss isn't a terrorist international group, but rather an inside group connected to the multi-billion dollar fines that all the major brokers and banks have been paying as of early summer (having been caught)... now the inside job 911 theories are not looking so...
conspiratory...
I've been following LEH, but I didn't see today's news. Did Korea buy it out? post link?
ok I'll try to stop being negative about Faulk, but the bottom line is that if he's our best option, our options are few.
Its like having a 1 day sale on Toyotas on the anniversary of Pearl Harbor.
jimmy imo:
911 was only to hide the paper trail of funding for their operations.. not to destroy the financial system.
Yeah well if you proclaim to take it back, and you have Ross Perot as your CEO, then I can see that...
but Mark Faulk?
Why would he even allow the PR today. He should be more modest. It suits his reputation better. imo. Disrespectful.
Its disrespectful imo.
yeah and the fish were puffer fish loaded with tetrodotoxin weren't they?
well we agree on one thing Janice. and why 911 to announce faulk? As if cmkx is dropping a bomb or something? lol. Not the kinda bomb that originates above the waist imo.
I'd be happier with bozo, at least he doesn't call himself a clown and fail to deliver. Every paragraph in the work of this "writer" calling himself mark faulk (if that's his real name or just an attempt to be funny with his motto) has a grammatical error or two.
No kidding just read something he's written.
He might start by getting a degree in English!
nuf lol I'd love to talk to you about this PR
812 343 3634 if you're bored.
Won't take more than 10 minutes.
Interesting that they announced faulk on 911. I could see announcing sarah palin or Micheal Jordan, but faulk? geez.