NorthWest Biotherapeutics Inc (NWBO)

[jimmy667]

Definately everyone should have their shares taken out of street name and put in their own name and instruct their brokerage that they do not want them loaned out for any reason. Good point.
The gist of the article was that the Wire Houses (prime brokers like Goldman UBS etc.) and the Clearing Houses which are owned by the Prime Brokers just counterfeit the shares then loan them out for a fee. The Short Sellers might not even know they are using counterfeit shares. Goldman got a $2 billion slap on the wrist fine for this recently. But this practice has the potential to cause systemic risk to the markets because the hedge funds are using 50x to 100x leverage and they might be short selling 200% to 500% of the float of some companies.
These highly leveraged short positions contributed to the liquidity crisis that resulted in the financial meltdown in 2008. That time it was leveraged securitized packages of mortgages this time it will be stocks if it is allowed to continue.
If WSBets can uncover these crimes they could really do the Country and the Market tremendous service. It may not be too late to avoid the catastrophe. But we need to take this out of the hands of the coked-up Hedgies living the Jeffery Epstein lifestyle.