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Grassley and Specter: SEC Appears To Be Involved in Cover-Up and Obstruction of Justice
Wednesday, January 31, 2007 (909 reads)

Bobo is back, asking if it's bad when your regulator has the ethical bent of a Hanoi streetwalker and the honesty of a Nigerian banker wishing to wire you $34 million if you'll just answer his email....?

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Like Kind and Quantity – Wall Streets License to Steal
Friday, January 19, 2007 (906 reads)

Dave takes a closer look at the language of SHO and has uncorked the mother of all loopholes. The SEC has provided an escape clause in the mandatory close out provisions.

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Yes, Virginia, There is Hope For Justice...
Wednesday, January 17, 2007 (763 reads)

The SEC is doing nothing about naked short selling, other than stalling any reform for as long as possible - so the states are moving forward. Today, Virginia joined AZ and UT in introducing bills requiring Wall Street to report its larceny. Why aren't we reading about all this in the WSJ and Barrons? Anyone got any hunches?

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Vodiagroup tells tall tales while Wall Street fiddles
Monday, January 15, 2007 (687 reads)

Imagine all the disruption to the market that will occur if those paid for a product can't just refuse to deliver it indefinitely...

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Arizona Drops A Bomb On Wall Street Miscreants
Friday, January 12, 2007 (924 reads)

Is it bad when 2 states have now drafted bills to address the delivery failure crisis, effectively conceding that the federal apparatus is covering it up?

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For Sale; Market Making exemptions
Monday, January 08, 2007 (777 reads)

Have markets making operations been created by short selling funds to circumvent short selling laws? Stockgate Today poses the question.... For Sale, Market Making exemptions?

Self-Regulation Commentary Piece in WSJ A Farce
Saturday, January 06, 2007 (574 reads)

Today's WSJ has a flight of fancy so imaginative as to rival Harry Potter for the franchise of most inventive fiction for children...

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NFI Naked Shorting Suit Against Prime Brokers Proceeds In CA Court
Friday, January 05, 2007 (659 reads)

The Prime brokers tried to argue that the case should be remanded to federal court, where it could be years before discovery gets brought...they lost that one, so now we will all get to see just how big the mess is for one company, and find out who is doing all the bad things...

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