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Re: bartermania post# 673

Monday, 01/16/2006 9:09:11 AM

Monday, January 16, 2006 9:09:11 AM

Post# of 10217
Basically the answer to that question is a strong "YES". But also remember that naked shorting is not a new phenomena-it started 20-25 years ago and for years the SEC completely ignored this growing problem. In reality they have yet to really take any effective action to protect this country's financial system. Reg SHO is a farce that they do not even enforce properly
This past year has seen an explosion by hedge funds who essentially took control with naked shorting. Did you see the Wall Street Bonuses this year?? Largest in history. And guess where all those millions came from???

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