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Re: surfguy post# 15585

Thursday, 01/27/2011 9:20:50 AM

Thursday, January 27, 2011 9:20:50 AM

Post# of 17111
Did you see anything in that case indicating that GeoBio did anything at all to cause this problem? That is what's in question here - who made the error? It wasn't GeoBio, it wasn't the market makers and it wasn't any of the other brokerages, it was Scottrade, pure and simple. That is all that's in question for this proceeding and that's why it was summarily dismissed. Scottrade admits to the number of naked shorts in the case - 19million, and that's what they will cover. The question is how and when.

Bradinski

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