been waiting for these *obvious* revelations to be made public .. there is going to be a lot of touts for the MMs'/B/Ds' and Hedge funds who regroup and *adjust* their ... er .. stance
i knew when citadel got subpoenaed last month that the rest of the shoes would start to drop :)
here's to what comes next
as i've said alan .. imo this is the tip of the iceberg and imo the SEC has to make some decisions how does this ever get resolved since imo it impacts pretty much every co. *trading* in the US
that is why i'd rather the system collapse per se so that change comes and disallows loopholes .. the only other aspect i can see is literally making all new pubco trading .. have their stock/shares tagged (kaufman's plan) .. and systematically retrofit all other co.s' stock over X no. of months (grandfathering) the crap and BS endemic in the *current* system and nailing these sobs for any infractions forthwith ~
in an electronic age .. i see no value of MMs' imo it can be argued that they not only don't make a market they impede it .. they collude and of course manipulate it as evidenced by the info now *known*
-- 4kids all jmo
10/5/07 -- there are no coincidences here ... oh and like many other longs .. not selling at this level --
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