General Electric's (NYSE: GE) NBC Dateline, which is purportedly preparing a major expose of the Depository Trust and Clearing Corp., and the alleged almost $1 billion in "borrowed" ' some say counterfeited" ' certificates that have reportedly been lent out above the legal issued shares by hundreds of companies, and the Christian, Smith, Wukoson and Jewell, and OQuinn, Laminack and Pirtle legal challenges being filed for dozens of such companies, is also reportedly looking into the threshold securities that can only be described as "missing in action."
In an appearance now archived on StreetSignals (http://www.streetsignals.com), Christian/O'Quinn legal expert C. Austin (Bud) Burrell, said that the firms have filed some 15 actions, including key formative lawsuits for Sedona Corp. (OTCBB: SDNA), NanoPierce Technologies (OTCBB: NPCT), Datascension Inc. (OTCBB: DSEN), Eagle Tech Communications (OTC: EATC) and Hyperdynamics (OTCBB: HYPD).
Burrell said the lawsuits allege a vast conspiracy to manipulate all stocks, and "provide substantive proof of manipulation." He said that the suits allege 7,500 companies have been bankrupted since November, 2000, by illegal naked shortselling and conspiratorial manipulations, resulting in a loss of $17 trillion in market cap, "greater than all the losses in the 1929 market crash."
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