I don't blame the cops for what the crooks do
but it does seem sometimes that Wall Street, the SEC, and the DTC are all partners in a rigged game. If anyone is "naked shorting" it's not the retail investor, that's for sure. As long as Wall street is making money everyone looks away so they can claim "plausible deniability" when the scheme blows up. GFCI was nothing compared to Madoff but in many ways JD was a bigger rat. IMO. JD not only screwed investors, all the cons do that, but also:
Screwed Grifco's business partners (Swinford, etc.)
Screwed the hedge funds that loaned him money (Robinson Reed, FFC3)
Screwed the DTC (I'll have those missing CTBG shares to you soon).
Abused the State Department and the Libyans who expected an oil tool manufacturing facility.
Speaking of Libya, I wonder if our poster, "Libyan", who was so interested in R.G.'s real name and personal information ever caught up with him for, let's call it, a little chat.
After annoying so many people besides small shareholders, JD did get off easy IMO
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