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Thursday, March 26, 2020 8:00:44 PM
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If Gov is helping companies affected by the COVID-19, then Gov should be helping FnF that have been asked by the Gov to help mortgage borrowers.
Gov caused Stock market meltdown in 2008 and 2020 by
1. allowing traders to short sell other investor's borrowed stock
2. allowing naked short selling
3. allowing Media to create atmosphere of panic
Gov should be prosecuting brokers for engaging in anti-investor activities and causing massive losses to stock owners by unlawfully lending stocks to short sellers.
Stock owners should also sue brokers for misusing their stock and causing losses. This is an excellent case for litigation lawyers.
Investors are keeping their stock with the brokers for safekeeping and not for lending and short selling. Congress should investigate and prohibit such practices to protect the stock investors.
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