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Telephonics

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Telephonics

Re: bartermania post# 609

Saturday, 12/31/2005 4:04:14 PM

Saturday, December 31, 2005 4:04:14 PM

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I agree that in order of precedence the DTCC is the primary miscreant and then the brokers.But remember the DTCC operates within the US. They have no control on naked shorting taking place via foreign exchanges such as the Berlin Bourse. Naked shorting is legal in most countries in Europe since there is no prohibition against this practice.,Don't bemiislead-naked shorting has been around for about 25 years. It just hasn't gotten the public's attention.
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