Post by granny2shoes on Mar 30, 2008 22:25:46 GMT -5
Topic: Anyone Buy this CMKM Book Version ?? (Read 31 times)
justice
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[ Exalt | Smite ] Anyone Buy this CMKM Book Version ??
« Thread Started on Today at 6:03pm »
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A ‘Naked Shorting’ Victim — Or Massive Fraud?
By Gary Weiss (bio)
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In Wall Street Versus America and my blog (see this post) I described the sad tale of CMKM Diamonds, a penny stock nightmare that — as is the fashion nowadays among bad companies — was blaming its woes on “naked short selling.”
A vocal minority of the company’s 60,000 shareholders were so deluded that they demonstrated in New York and Washington and wrote nutty letters to the SEC and media, all lamenting this nonexistent problem.
It seems that CMKM was more of a nightmare than I had dreamed. In fact, it may even be one of the biggest corporate scandals of recent history.
Wall Street Versus America: The Rampant Greed and Dishonesty That Imperil Your Investments (Hardcover)
by Gary Weiss (Author)
Key Phrases: stock scamsters, naked shorting, offshore boiler rooms, New York, Artie Levitt, Bill Donaldson (more...)
12 Reviews
5 star: (8)
4 star: (3)
3 star: (0)
2 star: (0)
1 star: (1)
See all 12 customer reviews...
(12 customer reviews)
www.amazon.com/exec/obidos/ASIN/1591840945/borntostealby-20?creative=327641&camp=14573&link_code=as1
Seems as though Weiss beat Faulk to the Punch on the CMKM tale, I had forgotten about his little book deal
politicalmavens.com/index.php/2007/04/30/a-naked-shorting-victim-or-massive-fraud/
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justice
Administrator
member is online
Joined: Oct 2007
Posts: 667
Karma: 23
[ Exalt | Smite ] Anyone Buy this CMKM Book Version ??
« Thread Started on Today at 6:03pm »
--------------------------------------------------------------------------------
A ‘Naked Shorting’ Victim — Or Massive Fraud?
By Gary Weiss (bio)
Tell a Friend
Printer Friendly
Font [+]
Font [–]
In Wall Street Versus America and my blog (see this post) I described the sad tale of CMKM Diamonds, a penny stock nightmare that — as is the fashion nowadays among bad companies — was blaming its woes on “naked short selling.”
A vocal minority of the company’s 60,000 shareholders were so deluded that they demonstrated in New York and Washington and wrote nutty letters to the SEC and media, all lamenting this nonexistent problem.
It seems that CMKM was more of a nightmare than I had dreamed. In fact, it may even be one of the biggest corporate scandals of recent history.
Wall Street Versus America: The Rampant Greed and Dishonesty That Imperil Your Investments (Hardcover)
by Gary Weiss (Author)
Key Phrases: stock scamsters, naked shorting, offshore boiler rooms, New York, Artie Levitt, Bill Donaldson (more...)
12 Reviews
5 star: (8)
4 star: (3)
3 star: (0)
2 star: (0)
1 star: (1)
See all 12 customer reviews...
(12 customer reviews)
www.amazon.com/exec/obidos/ASIN/1591840945/borntostealby-20?creative=327641&camp=14573&link_code=as1
Seems as though Weiss beat Faulk to the Punch on the CMKM tale, I had forgotten about his little book deal
politicalmavens.com/index.php/2007/04/30/a-naked-shorting-victim-or-massive-fraud/
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