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Re: mtwain post# 46

Friday, 02/20/2004 3:57:36 PM

Friday, February 20, 2004 3:57:36 PM

Post# of 34625

mtwain, I didn't see this article listed on the RGM site.

I references O'Quinn in numerous places, so you've probably read it.

"... O'Quinn and his top lawyer on these cases, James W. Christian, senior partner with Houston-based Christian, Smith & Jewell, claim that over the last three years billions of uncovered naked shares were sold; that market makers (and/or their clients) took profits after waiting for share prices to fall before buying in--if at all; and that brokerages allowed fictitious shares to be traded two, three and four times over, in possible violation of Securities & Exchange Commission rules.

"It's the perfect murder," says O'Quinn, who is quick to smell collusion. "We've got a situation where the cop can't arrest the suspect because it causes too many problems for the police department. ..."


http://www.prweb.com/printer.php?prid=92210
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