09:45 OSTK (I don't care about OSTK but thought the ruling was very interesting about big brokers in cahoots to manipulate a stock down).
Overstock.com announced that in its stock manipulation suit against Goldman Sachs (GS) and Merrill Lynch (BAC) the court denied mostly all of defendants' motion to seal the evidentiary record on the summary judgment hearing (5.14 -0.03)
The ruling is significant because the evidence submitted to the court lays out in detail the means by which Goldman Sachs (GS) and Merrill Lynch, unit of Bank of America (BAC) used naked short selling, in concert with others, to manipulate downward Overstock.com's share price.
THERE ARE SOME VICIOUS CRIMINALS WALKING AMONG US, and they are wearing nice suits.
Kurt Vonnegut wrote some great books and had a great philosophy of life:
