From RB... By: jay_adobe 22 Mar 2005, 02:27 PM EST Msg. 860500 of 861275 (This msg. is a reply to 860489 by mr.malaprop.) Jump to msg. # MR, do some research buddy in the intricate laws of the SEC. DTCC got caught. Deal had to be made to keep this from either going public or forcing a short squeeze (which would have crippled the market on this single stock alone). Verbage in the insurance agreements for DTCC allow an equity settlement if something like this occurs. The short was in excess of 400b. Now it is next to zero. The short has been legitimized. Check with any of your broker friends concerning the VWAP program and you will see that the shares are being bought at a much higher price (above 50 cents) but showing up to us as .0001 and .0002, and we are allowed to buy at that price too. It is very intricate, but necessary for this to work. There are trillions at stake here. Do some research
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