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SEC OIG Investigating SEC Complicity in Naked Short Selling of
Dendre... -12/01/09 at
6:35 PM CSTby Mark
Mitchell
The Office of the Inspector General of the
Securities and Exchange Commission not long ago submitted a
semi-annual report to Congress. There are two items in the report
of interest to those of us who have argued that the SEC has turned
a blind eye towards, or even assisted, unscrupulous hedge funds
that make their fortunes destroying public companies for ...
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JPM GS AIG
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Did The Markit Group, A Black-Box Company Partially Owned By
Goldman ... -11/17/09
at 5:44 PM CSTby Mark
Mitchell
Although much attention has been directed at the
contribution made by credit default swaps to the financial
crisis, most discussion has focused on the companies, such as
American International Group (AIG), that posted big losses because
they sold these instruments without sufficient due diligence.
Another line of inquiry has not been pursued, howeve...
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HIG AIG JPM MS GS
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Naked Short Sellers Attack Citigroup
-11/21/08 at 7:22 PM
CSTby Reggie Abaca
America's financial system is a mess and the
U.S. Securities and Exchange Commission is to blame. Short sellers,
in a concerted effort to defend themselves and abuse the lack of
regulation by the SEC, are now targeting Citigroup (C) while our
financial journalists, analysts and government regulators continue
to do nothing. At Market Rap we've pointed out...
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