Goldman Targeted by Investor Complaints of Naked Short-Selling

I do not want to beat a dead horse....but as I have mentioned in earlier posts.....

I meant what I said.....

GS, MS etc...their main advantage in the recent period was to be able to provide home base for hedge funds in terms of providing credit....etc...and access to securities....

But in return....GS, MS and others used their information .....the same as insider information....for their own advantages....

Supposedly insider information is illegal......but not in this case....

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Again.... a new world wide direct access exchange....one size fits all.....would serve the purpose of stocks and all other securities....without the likes of a GS....

Simply boiler plate legal entry, size per participant per security....and open the doors wide open....to all participants....20 cents per 100 shares...no min account size....

Wires via fiber optics can connect any legal financial house.....

Furthermore......there should be no mutual funds or hedge funds ...as such....These two modes should be converted to publicly traded shares that manage publicly traded securities....

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A proper marketplace is not that complicated to create and maintain.....

The issue here is to get rid of the wolves running the sheep herds....Get rid of GS, MS and all the similarly run businesses....and setup the new and fairer worldwide direct access exchange......
 
Quote from libertad:


A proper marketplace is not that complicated to create and maintain.....

The issue here is to get rid of the wolves running the sheep herds....Get rid of GS, MS and all the similarly run businesses....and setup the new and fairer worldwide direct access exchange......
More...

Stop crying like a B*tch.

Noone is forcing you to participate in the racket. That is what it has been from its inception. At least back in the day people did not have an illussion about what it was.
 
Quote from libertad:

A proper marketplace is not that complicated to create and maintain.....

The issue here is to get rid of the wolves running the sheep herds....Get rid of GS, MS and all the similarly run businesses....and setup the new and fairer worldwide direct access exchange......
More...

Getting rid of one set of wolves would only open the door to another set.

That aside, instead of trying to solve the entire problem at once, just focus on a single market, like gold.

The price of gold is fixed twice a day over the phone -- OVER THE PHONE!!!

Don't you think they'd have at least examined the possibility of leveraging technology to eliminate that by now?

The fact that they haven't indicates that there's a more fundamental hurdle in the way that no amount of technology or regulation can overcome.
 
Not any more.

You must learn to read between the lines. The game has been, since day one, like Capone and Johnnie Torreo.....we bought the law. They're ours. We can buy juries. Do what you want. We'll keep you out of jail.

What's the Cuban action tell you, even in the face of that scum Linda Thompsen getting off courtesy of an inhouse, lifetime tenured judge.

It's over for Wall St. They know it, too. There is only so much the Feds can do before it is known they are sniffing around. And it can't come one day too soon.

You saw the UBS indictment Friday. Just the beginning. That dude is going to do some hard time if he's convicted.

Something on the Cuban thing. They are charging him with what they can get him for easily. The author on Real Money specs he has some security manipulation in there, courtesy of his "Sharesleuth" site, where he says he shorts stocks before he publicly bashes them.
 
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