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    Bloomberg on BSC Collapse - New

    I think the author found credible sources who make the case that no one in their right mind would do such a thing without knowing. I think an interesting thought is, why was this person or firm, obviously sophisticated, not afraid to show his hand? after all, there have been insider trading...
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    Bloomberg on BSC Collapse - New

    The guys a moron. Don't give him a second thought. What kind of creedance can you give someone who says things are crooked, so get over it? Be thankful there are the few people out there who are honest are winning the battle.
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    Bloomberg on BSC Collapse - New

    Correction for the fifth paragraph to '57.000 puts that traded......" It's up on Bloomberg.
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    Bloomberg on BSC Collapse - New

    Hedge funds, concerned about losing their money, weren't convinced. Eagle Asset Management Inc. moved to other prime brokers, according to Managing Director Todd McCallister. Investors who had credit default swap contracts with Bear Stearns turned to Goldman Sachs Group Inc. and other Wall...
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    Bloomberg on BSC Collapse - New

    http://www.bloomberg.com/apps/news?pid=20601109&sid=aLsfDbE1JU_E&refer=home# Bringing Down Bear Began as $1.7 Million of Unsuspected Options By Gary Matsumoto Aug. 11 (Bloomberg) -- On March 11, the day the Federal Reserve attempted to shore up confidence in the credit...
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    Naked short rule to be applied across entire market

    COMPANIES Financial servicesClose‘Naked’ short-selling rule set to expire By Joanna Chung in New York Published: August 10 2008 18:34 | Last updated: August 10 2008 18:34 An emergency measure protecting a select group of financial stocks from abusive short-selling expires on...
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    Naked short rule to be applied across entire market

    I realize I don't know anything, however: ""Before we can make a trade that involves short stock in those affected names, we have to verify that the customer has pre-borrowed the stock and then get confirmation from the firm that lent the stock. This slows us down and eats up quite a bit of...
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    Auction Rate scandal. This is really pituful

    They're doing the reverse of what they did in the past. Now, they have to get this stuff back on the balance sheet; they'll do more raises, and have less in which to make money. With little leverage and capital, they won't make serious money for years. that's the idea of the July order 'no...
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    Naked short rule to be applied across entire market

    That's because it was the manipulators who appear to side with legit bears that brought on the crisis. So, where did you think the ax would fall? On all bears neck. And it's going to end up costing me money too. Here's what happens. Hedgefund A gets a locate for 100,000 shares. He uses...
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    Bad day for the Democrats

    Told ya. The Enquirer, before the Carol Burnett thing, lost only one lawsuit. Clint Eastwood. It was mostly a female jury, and after the verdict, he was signing their blouses. As the lawyer said when he called in to Lantana, "we never had a chance." Good ole American Justice. Just...
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    Naked short rule to be applied across entire market

    I guess I just can't STFU. http://www.lloyds.com/dj/DowJonesArticle.aspx?id=400067 MBIA CEO: Assessing Its Options To Sue Pershing Square By Lavonne Kuykendall Of DOW JONES NEWSWIRES CHICAGO -(Dow Jones)- Bond insurer MBIA Inc. (MBI) is assessing whether it can sue short-sellers...
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    Jokes 2

    Hurricane coming?
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    Naked short rule to be applied across entire market

    Wanna bet? BTW, why does the truth bother you so much?
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    SEC Extends Order Limiting Naked Short Selling Through August 12

    Looking at the press release, it would seem so. In the past, it'd take them 3 months to decide to ask for more comment letters. However, the Feds got a hand in this, and there's a lot going on behind the scenes. My guess is, it's extended to the markets as a whole very quickly. By law, you...
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    Latest Commentary from Mark Cook

    "..........Money could be yours in abundance. " The Market Gods do not like such arrogance.
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    Jokes 2

    Siamese twins sitting at a bar, and who comes in but Julio Eglaises (how old is this joke)??? Anyway, it's getting late, he's getting drunk, and he hits on the girls. He takes them back to the hotel, but first, says his date, she wants him to understand, whatever one twin does, the other...
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    BAC Bank of America discloses subpoenas related to auction rate securities

    I wonder if the big five, uh, four I mean, have a special drop box for subpoenas?
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    Naked short rule to be applied across entire market

    Why have charts? What do charts portend to 'chart'???? Supply and demand. So you're telling me by hitting the tape with more stock in the float, that has nothing to do with price? It has everything to do with price. You manipulate the price, and you choke off the air to a lot of...
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    Naked short rule to be applied across entire market

    hypothetical. It's too late for them. It's over. Look at the SEC IG piece. But my idea would have worked. You can't beat Johnnie Cochran with Marcia Whatever. Well, maybe you could now. But a public prosectuter would probably lose to a dead Johnnie Cochran. That Mo Fo was good...
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    Naked short rule to be applied across entire market

    I could solve this mess in a heartbeat. Enforce the law, and make the fines commesurate with what is stolen. When GS naked shorts for three years, don't fine them 2mm and let them walk. Get profits and disgourgement. If the make 200million, the treble damages would be 600 million, and then...
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