Re: Naked Shorting Demise/GRIM/ Mafia & DISCHINO/indictments
in response to
by
posted on
Dec 12, 2010 12:22PM
http://www.familysecuritymatters.org/publications/id.5273/pub_detail.asp
Here's what you are refering to.
According to a retired FBI friend of mine, this will take 2 - 3 years, maybe even longer, before serious steps towards those who are involved in all aspects of securities fraud, not just shorting, has a positive effect on the markets.
Bernie Madoff ring a bell?
Did you see Goldman's $450K settlement in the naked short article I posted?
Some big boys will fall to be used as examples, then lots of low level types same, but the REALLY BIG FISH will squirm away with a slap on the wrist, pay fines and stop being bad boys.
Us "little folks" are the victums at the present time, but down the road this will get cleaned up to a level America can tolerate.
The wheels of justice turn slow.....just ask Garry.
2008 Garry interview where he mentions naked shorting....that I have posted before.
http://www.ceonews.tv/index.php?option=com_content&task=view&id=274&Itemid=240