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Re: trickledownfacists post# 4625

Saturday, 01/16/2016 5:35:46 PM

Saturday, January 16, 2016 5:35:46 PM

Post# of 42552
Goldman delivered - they just didn't comply with the requirement to locate before executing.

No outstanding 'naked short' position was retained and held for any substantial period - they, like Penson, simply didn't check for the borrow before execution. They still ultimately delivered with at most a very minor delay, if any.