"This also allowed them to egregiously abuse the Stock Borrow programs now under their control to support short sellers, which in their process made stock shares become nothing more than equity entitlements, and no kind of actual claim on ownership. In essence and in fact, they had created a mechanism for the virtual counterfeiting of proofs of equity ownership.......The Corporate Stock Record Book became meaningless, since the number of shares in the market regularly exceed by a wide range the actual number of shares legally authorized and issued by the Corporation and incorporated into its SEC reports.
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