April 4, 2007
"Fails to deliver" and "naked shorts" is only a very nice wrapper when someone counterfeits stock and screws the company and the investors in cadence.
Counterfeiting securities should send one to jail but they were grandfathered instead because too many were on the take? What else could it be?
When will the crime end and the enforcement of our original counterfeiting laws be enforced? It's hard to believe that we even have the "SEC". Perhaps this is too big for them to handle. May God help us all.