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Post by soonerlew on Mar 15, 2007 18:13:45 GMT -5
My reply from Gary Matsumoto:
"GARY MATSUMOTO, BLOOMBERG/ NEWSROOM:" <gmatsumoto@bloomberg.net> View Contact Details Add Mobile Alert To: Subject: Re: Thank You!!! Date: Thu, 15 Mar 2007 10:14:42 -0400
Thank you for writing JoAnn ... and for watching Bloomberg TV. One of the reasons I believe it is important to report this matter has to do with the very point you raise. More than 80 million Americans own stock; many have their retirements tied up in stock, and, as you said, the government has been talking about investing Social Security in the markets. That is one of the reasons why we must ensure the integrity of U.S. capital markets, and address whatever threatens that integrity.
----- Original Message ----- From: JoAnn <soonerlew> At: 3/14 18:52:27
As a shareholder in a stock that has been shorted, I want to thank you for the fine job you did on the program, "Phantom Shares". With all the talk of doing away with Social Security and going to the markets for retirements, this is something that needs to be solved.
Keep up the good work!!!
Sincerely,
JoAnn Moore, OK 73160
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Post by JoeRockss on Mar 15, 2007 18:25:24 GMT -5
COOL! Thanx for sharing
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Post by imSINGLEruRICH on Mar 15, 2007 18:52:20 GMT -5
<sniff> <sniff>.... I didn't get an answer yet !! WTG Sooner !! Single
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Post by bfranklin on Mar 18, 2007 11:44:08 GMT -5
I think we ALL should be sending an e-mail to Bloomberg to thank them for doing the work left undone by Dateline. Forbes and Bloomberg are the only ones attempting to shedlight on the illegal naked shorting issue. RTB
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Post by ohiogirl on Mar 19, 2007 11:04:20 GMT -5
Can someone please send that Bloomberg news clip here again. Thanks.
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Post by 3bid on Mar 19, 2007 11:51:57 GMT -5
www.youtube.com/watch?v=7fcre8P2UUY`Phantom Shares,' Failed Trades and Naked Shorts: Bloomberg TV March 13 (Bloomberg) -- Bloomberg's Michael Schneider reports on the practice of naked short selling, its impact on companies such as Overstock.com Inc. and efforts by the Securities and Exchange Commission to combat abuses. Naked short selling involves selling stocks short without borrowing the shares first, meaning sellers theoretically can place unlimited orders to drive down a company's stock. Patrick Byrne, chief executive officer of Overstock.com, and others speak.
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