Replies to post #157987 on Conversion Solutions Holdings (fka CSHD)

[Investorman]

First of all, naked shorting Fannie isn't the problem they were talking about.

Secondly, Fannie is a real company and CSHD was and is a scam and there isn't any naked shorting in CSHD.

SEC Chairman Christopher Cox, 55, told the Senate Banking Committee yesterday the agency is investigating whether illegal trading contributed to the collapse of Bear Stearns in March and the 80 percent drop in the market value of Lehman Brothers this year. The probe focuses on traders who seek to profit by intentionally spreading false information about the New York- based firms.