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In reply to the discussion: Accidentally Released: Embarrassing Docs Show How Goldman et al Engaged in 'NAKED SHORT SELLING' [View all]KoKo
(84,711 posts)56. Yes...Byrne was called a Kook and Conspiracy Theorist...
financial blogs and sites were particularly hard on him. It was hard to know what to believe...but, this does partially vindicate him. The article explains a lot and pgs 14-16 of the leaked legal documents show the Mob Tactics that Goldman used on him and use on everyone that dares to challenge them.
It's quite an eye opener...
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Accidentally Released: Embarrassing Docs Show How Goldman et al Engaged in 'NAKED SHORT SELLING' [View all]
kpete
May 2012
OP
Where are the Matt Taibbi haters? They've failed to show for three articles in a row.
DCKit
May 2012
#3
Naked short selling is not illegal per se, neither are derivative transactions in general.
xtraxritical
May 2012
#26
I would argue that selling shares that don't exist, resulting in the share price dropping, is fraud.
Scuba
May 2012
#32
I would agree, subject to guarantees that the person or entity has no insider information.
stevenleser
May 2012
#66
Right, and I agree, but don't other financial rules come into play at that point?
stevenleser
May 2012
#74
If you dont have insider information, I have no problem with that. It is extremely risky absent
stevenleser
May 2012
#69
My post is not wrong, I understand the difference between the two quite well. nt
stevenleser
May 2012
#81
Yes, I do. I am exclusively talking about naked short sales and my statements thus make sense. nt
stevenleser
May 2012
#86
No, welcome to DU. Honestly, I love it when politicians are also into music
riderinthestorm
May 2012
#23
As I said, just a personal opinion. And, yes, I guess they have to change with the times.
zzaapp
May 2012
#24
Rolling Stone Has Been Political Forever How Long Have You Been Reading The Mag?
HangOnKids
May 2012
#29
An incendiary comment is to call Matt Taibbi a 'preacher' and an odd comment is to claim
sabrina 1
May 2012
#90
Perhaps all the replies pointing out that you are completely wrong might be a hint?
Warren Stupidity
May 2012
#71
So, since you are on a Political Forum, what do you think of Matt Taibbi's revelations?
sabrina 1
May 2012
#91
This is the overt crime where people should be put in jail, it was soooo overt
uponit7771
May 2012
#16
Regulations are there to preserve our economy. This is going to make it tough on anti-reg types.
Gregorian
May 2012
#47
I remember when the Overstock CEO first starting talking about this (years ago). Tone in the
HiPointDem
May 2012
#52
Yep. It's good to know how it came out, because it will make people much more skeptical of the
HiPointDem
May 2012
#106
This is huge. They nearly destroyed a billion-dollar company (overstock.com) that employs 1300 ppl
Maven
May 2012
#54
yep, that seems like it's about the size of it/ goldman did a margin call on cahodes' hedge
HiPointDem
May 2012
#111