gsurowiec Posted May 15, 2012 Share Posted May 15, 2012 http://www.economist.com/blogs/schumpeter/2012/05/short-selling-litigation Link to comment Share on other sites More sharing options...
Liberty Posted May 15, 2012 Share Posted May 15, 2012 Wow, I hope they release the rest and that some heads roll. Link to comment Share on other sites More sharing options...
lessthaniv Posted May 15, 2012 Share Posted May 15, 2012 Wow, I hope they release the rest and that some heads roll. http://media.economist.com/sites/default/files/pdfs/Plaintiffs%20Opp%20to%20MSJ.pdf Link to comment Share on other sites More sharing options...
lessthaniv Posted May 16, 2012 Share Posted May 16, 2012 Rolling Stones Matt Taibbi's take: http://www.rollingstone.com/politics/blogs/taibblog/accidentally-released-and-incredibly-embarrassing-documents-show-how-goldman-et-al-engaged-in-naked-short-selling-20120515#ixzz1uzy2WwCm Link to comment Share on other sites More sharing options...
link01 Posted May 16, 2012 Share Posted May 16, 2012 the emails provide some pretty clear evidence of intentional naked shorting no matter how merrill & goldman & their hedge fund co-conspirators spin it. great find! Link to comment Share on other sites More sharing options...
JSArbitrage Posted May 16, 2012 Share Posted May 16, 2012 I really feel bad for Byrne, and to some extent Prem, because they fight on the assumption that the truth will win the day. The unfortunate reality is that the regulators just don't care. Byrne could find an email that says, "I, Lloyd Blankfein, am approving of this highly illegal naked shorting process in order to destory OSTK..." and nothing would happen to him or Goldman. Link to comment Share on other sites More sharing options...
Vish_ram Posted May 16, 2012 Share Posted May 16, 2012 Why would Buffett associate himself with companies like Goldman? it certainly takes some sheen off him Link to comment Share on other sites More sharing options...
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