Thursday, February 03, 2022 4:02:08 PM
https://www.complianceweek.com/risk-management/doj-probe-into-shadowy-underworld-of-short-selling-long-overdue/31237.article
Naked short selling is among the most fraudulent of schemes. It is the illegal practice of selling shares a short seller has neither borrowed, owns, nor intends to buy, resulting in a “failure to deliver” (FTD) amounting to trillions of dollars in FTDs, as some research indicates.
“I believe [illegal short selling] is the largest commercial fraud in U.S. history. It makes the Bernie Madoff scheme look like a gnat on an elephant’s behind.”
Wes Christian, Partner, Christian Smith & Jewell
By selling so-called “phantom” shares, naked short selling gives criminal-minded investors the power to manipulate share prices at will.
If they are looking for the Big Money Thugs they need not look any further that NWBO. Maybe that is why topline is taking so long because Linda and crew are working with the DOJ to take some of these thugs down. Wouldn't be their Just Desserts to take the Grapefruit Juice Thugs down at the same time DCVAX gains approval.
“Life occurs somewhere between our aspirations and our just desserts.” “We can be destroyed so readily because we are willing to destroy so readily.” “We have earned our peace. It is, by now, more precious than honor, or even pity.”
Men who are occupied in the restoration of health to other men, by the joint exertion of skill and humanity, are above all the great of the earth. They even partake of divinity, since to preserve and renew is almost as noble as to create.
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