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Re: TenKay post# 102195

Friday, 05/12/2023 12:58:08 PM

Friday, May 12, 2023 12:58:08 PM

Post# of 112711
TenKay, i grok what you're saying.
you've stated it several times
to several different folks here.

the key bit that the rest of us are pointing out
is that you are assuming people are playing by the rules.

ie: i fully agree with the statement:
"An open short position CANNOT be *LEGALLY* hidden."

but you are assuming that billionaire hedge fund traders play by the rules
when there is copious evidence that they do whatever the hell they want
and when someone dares to try to litigate against them
that person learns the hard way
that money buys corruption
and absolute money buys absolute corruption.

to point, who is steve cohen?
and how many times has he been caught red handed?
and how many times has he been convicted of a crime?

see also,
how many of the shady debt swap dealers
who practiced illegal leverage leading up to the 2008 crisis
faced criminal prosecution?

eg:
[[ JPMorgan finally took its punishment on Tuesday, agreeing to a $13 billion settlement with the U.S. government to settle charges that the bank overstated the quality of mortgages it was selling to investors in the run-up to the financial crisis. ]]

https://www.reuters.com/article/us-jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement-with-u-s-over-bad-mortgages-idUSBRE9AI0OA20131120

nutshell, i fully grok what you are asserting.
but i believe you are overlooking the innately criminality
which is rampant in wall street
and which the sec rarely prosecutes.

viz, search on scandals associated with christopher cox
during his tenure as chair of the sec.

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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