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Re: MMMQA post# 242

Wednesday, 08/10/2022 11:42:10 AM

Wednesday, August 10, 2022 11:42:10 AM

Post# of 2263
Right. Synthetic shares. No printing press required to flood the market. In the Robber Baron days of Daniel Drew, Jay Gould, James Fisk, Vanderbilt et al., they at least had to pay a human being, a printer, to churn out share certificates.

Drew died disgraced and bankrupt. A regretul Drew wrote: "He who sells what isn't his'n, must buy it back or go to pris'n."

The ill-advised SEC repeal of the "Uptick Rule" in 2007 turbo-charged the practice.

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