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Naked Shorting / OSTK - The Economist


gsurowiec
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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.

 

 

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