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What we have heah, suh, is a failyuh to communicaate. |
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By bobo on
10/4/2007 5:21 PM
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Patrick and Patch write stunningly clear comment letters indicating why the MM exemption is unnecessary, and actively harms equity investors. Of course, the SEC has little or no interest in any of that, preferring to stall any meaningful reforms for as long as possible....
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Important comment letter for the SEC |
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By bobo on
8/23/2007 3:37 AM
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If you want to do something about the SEC's delay in eliminating the MM exception, which allows the options MM to naked short to their heart's content, legally, here's the template of a simple comment letter you can send. UPDATE: SIGNS THAT THE MELTDOWN COMMETH
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It really is the end of the world as we know it..... |
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By bobo on
8/4/2007 9:01 AM
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I've been saying for some time that the prime brokers and hedge funds are creating systemic risk that the taxpayer will ultimately be forced to pay for, and that the SEC is a sham entity that does nothing but run interference for Wall Street and the financial elite, at the direct expense of investors. Whadda ya know, now, years after taking this position and backing my mouth with hundreds of blogs, the NY choagie crowd starts to "discover" this....
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Bloomberg Special on NSS A Must-Watch. Outstanding Program. |
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By bobo on
3/12/2007 10:31 PM
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I just got finished watching the Bloomberg TV special on NSS. I was ready to hate it, and instead, I walked away thinking, "Wow. They get it. And now so should the rest of the planet." Watch it, and then disseminate it on every message board and blog, and send it to every publication and radio/TV outlet you can think of. This is a massive effort, and the beginning of the end.
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Bobo Discusses Whose Shirts He Wears With The NY Times |
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By bobo on
3/8/2007 12:57 PM
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Pulitzer prize finalist Joe Nocera, one of the biggest of the big names in NY financial journalism (noteworthy for among other things being involved with Bethany McClean of Fortune's book on Enron), wants to chitty chat about a fly-speck MREIT, and the Easter Bunny's thoughts on Wall Street corruption, lawsuits, shorts, etc. UPDATE$: BLOOMBERG TV TO AIR NSS SPECIAL!
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FFH Sues Hedge Funds; DTCC in Controversy Over "lilGW |
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By bobo on
2/7/2007 7:46 PM
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A class action suit on behalf of FFH shareholders against the same group of hedge funds long believed to be responsible for the wholesale abuse of NFI and OSTK is launched, and the DTCC stonewalls basic requests for clarity on whether they are paying a hack shill to spew venom at its critics...
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