CSMG Technologies, Inc (fka CTGI)

[sojourner]

With a kinsman like Judge Posner operating within the notorious Chicago judicial system, how could he lose? LOL Strangely, Posner in his ruling re: Mr. Leon referred to "reckless gamblers, sharpies, wise guys, exploiters of loopholes, even violators of the letter or spirit of the rules" and ruled for naked-shorter Greenblatt anyway. Anyhow, we all know what Posner meant, and we all know what most iHubsters think about the damage blood-sucking naked shorters have wreaked upon millions of small investors. Too bad DR fell for the line from the Chicago sharpies, hustlers and disguised naked shorters at the outset. Shame on him. My sense is DR became obdurate when he realized he had been taken by the Chicago Boys. Stubbornness is not necessarily virtuous.

http://www.natvan.com/free-speech/fs9611d.html
Posner stated that while Greenblatt and his raiders may be "reckless gamblers, sharpies, wise guys, exploiters of loopholes, even violators of the letter or spirit of the rules," they nevertheless play a valuable role in the marketplace and can keep their ill-gotten gains and do it again if they feel like it.

http://www.businessweek.com/1996/32/b34876.htm
THE 'BAD BOYS' OF CHICAGO ARBITRAGE

Greenblatt sold more LTV stock than actually existed (ed. i.e., naked shorting), replacing it with cheap warrants--and reaping a $27 million profit in 22 trading days. So far, he has gotten away with it...