Much of what Norris writes for the NY Times may be true.
The issue i have here is that the team of investigators at www.DeepCapture.com --including Mark Mitchell, Patrick Byrne, et al.-- who have done so much (and their work confirmed by independent journalists like Liz Moyer and Gary Matsumoto) to expose illegal naked shortselling and corrupt rings of hedge-fund shortsellers and their buddies in the media and at the SEC... have marked NY Times financial journalist Floyd Norris as definitely one of the noteworthy culprits among sleazy journalists working hand in hand with hedge-fund shorts to benefit their shortselling racket.
So I'm seeing a major pattern here.... all the same guys that Mitchell and Byrne were blasting from around 2006 onward-- Herb Greenberg, John Hempton, Roddy Boyd, Floyd Norris, Bill Alpert, Jim Chanos, Jim Cramer, plus their friends at the SEC-- all seem to be involved over the last 15 months in going heavily after the China smallcap sector. At least now they're targeting one major IPO China co.
Hempton is right that there's an "EVEN BIGGER story here" than about Longtop, Deloitte and, i would add, the Chinese banks.
I think the SEC really needs to get to the bottom of the shortsellers' own role in some of this drama. I've been saying this since last summer, but it looks like the shortselling hedge funds have key members of the SEC in their pocket-- in other words, the SEC has once again been "deeply captured" to serve interests other than those of shareholders....
Sorry for the rant.
I'm thinking now that shareholders are being lied to from several different directions....
AI
Market Data 
Markets 
