A few moments ago in the hearing with mr waxman and mr. fuld.(C-SPAN)
mr fuld admitted at least two times that naked short sellers along with false rumors took down his company.
I believe he is under oath.
so what would mr weiss have to sayabout that?
again patrick is right on the money.
mr weiss should be one of the participants in this hearing.
as one being interrogated by our law makers.
it doesnt look good for mr fuld
he is doing his best to be honest i think.
there were a few times he seemed rather "on the spot"with some of the questions being asked.
naked short selling is indeed a big part of this problem we face in our capital markets today.
i think a responsible person would be concerned about their company.
if something is not right with their company that something needs to be addressed.
Mr. Byrne is doing exactly that.
you can not deny that overstock has been on the reg sho list for well over 800 days.
that seems to me to be a concern and Mr Byrne is well within his rights to ask why.
naked short selling is a proven fact. why would you sir be against it?
it is wrong it destroys companies and peoples lives.
it is counter productive to a healthy market.
in short it is theft on a massive scale and last i saw stealing is against the law.
if you have the time check out the s.e.c. web site.
go to the fails data and down load that data.
then ask yourself if you are ok with those billions of fails to deliver.
i am not.
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A few moments ago in the hearing with mr waxman and mr. fuld.(C-SPAN) mr fuld admitted at least two times that naked short sellers along with false rumors took down his company. I believe he is under oath. so what would mr weiss have to sayabout that? again patrick is right on the money. mr weiss should be one of the participants in this hearing. as one being interrogated by our law makers. it doesnt look good for mr fuld he is doing his best to be honest i think. there were a few times he seemed rather "on the spot"with some of the questions being asked. naked short selling is indeed a big part of this problem we face in our capital markets today.
i think a responsible person would be concerned about their company. if something is not right with their company that something needs to be addressed. Mr. Byrne is doing exactly that. you can not deny that overstock has been on the reg sho list for well over 800 days. that seems to me to be a concern and Mr Byrne is well within his rights to ask why. naked short selling is a proven fact. why would you sir be against it? it is wrong it destroys companies and peoples lives. it is counter productive to a healthy market. in short it is theft on a massive scale and last i saw stealing is against the law. if you have the time check out the s.e.c. web site. go to the fails data and down load that data. then ask yourself if you are ok with those billions of fails to deliver. i am not.