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Thursday, 11/29/2018 7:18:54 PM

Thursday, November 29, 2018 7:18:54 PM

Post# of 3517
If there was ever a time as well as company leader to clean up Wall Street's cesspool of improprieties at the DTC, Patrick Byrne is the man to do it. Not only did he forecast with intelligent analysis in advance the systematic risk that existed prior to 08/09 Crash connecting it to illegal naked short selling for the fall of Lehman Bros and Bear Stearns beyond CDO "leverage," he knew his own company was a prime target of Wall Street attacks using similar methods years earlier.

I am surprised his partial mentor, Mr. Buffett and his trusty, legal partner, Charles Munger, an outspoken critic of the criminality that is embedded inside of Wall Street, have remained quiet on the sidelines. With both men way up in age as part of their journeys, I am sure they are rooting for him in order that they can rest better knowing that there might be more legitimacy inside our financial markets after they are gone.

It's about time for triple ledger accounting that makes for accountability, transparency and legitimacy in the back offices of Wall Street where security lending and other crucial functions have been mismanaged with dirty hands in the cookie jars for too long now.
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