August 8, 2008
Saw you press release on Naked Short Ruling:
http://www.sec.gov/news/press/2008/2008-...
The biggest reponsbility of of this economic meltdown is because of the SEC FDIC inability to rein in the white collar crime, Hedge Fund Market Maker and Naked Short Seller speculator.
To'day any lazy fool can make money by Naked short selling in ths stock market as every one know there is credit crisis and recessionary trend.
Abolishment Of The Short Uptick Rule added another gallon of fuel to the problem already facing the financial market.
ref. NSS, I thought naked short selling was already illegal? How can it be made "more" illegal for the 19 companies on this list? Are you are saying that it is legal to naked short sell the heck out of any company not on the list..?
why not abolish the NSS competely when we all know the current market melt down situation is created due to the market speculator. see the wild swing in stock, commodities, Oil and Financial this is more like a gambling your money in stock than investing.
My retirement and 401K is down bigtime, I cannot bear to see my retirement egg stolen by this market speculators.
I lost my health, wealth and peace of my mind with the current state of retirement portfolio dissipitations.
Do you know how many people have been fallen sick or had heart attack because of your failed policy of SEC FED and the current govt failed policies.