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Re: enlightened1 post# 8880

Sunday, 02/19/2006 5:49:24 PM

Sunday, February 19, 2006 5:49:24 PM

Post# of 23107
They couldn't prove there was any naked short position in their stocks at all. So far, the cases have been dismissed because of that. And they had some very heavy hitter attorneys.

Problem is, it took a long time for those attorneys to understand that shorting against toxic convertibles isn't naked shorting, and that in every case, management is complicit.

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