Post by imSINGLEruRICH on Mar 12, 2007 17:43:32 GMT -5
By: jcline
11 Mar 2007, 10:04 PM EDT
Msg. 338340 of 338369
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From Dave Patch:
Friends,
The media started several years ago in their attempts at reporting the trading abuses of trade settlement failures and naked shorting abuses. It was Dateline that first spent hundreds of thousands of dollars and nearly 2 years documenting this market issue but as the air date got close the members of Wall Street and their high priced lobbyists increased the threats against the TV studio. Soon what started as a multi-part series that would be nearly 2-hours of data was reduced to a 15 minute fluff piece moderated by Ron Insana. This was to be Ron’s break out story but instead it became one NBC’s biggest acts or cowardice. NBC electing to ignore their responsibility to the public in order to appease the high powered members of Wall Street that can make or break their business future.
While, it may be nearly 2 years later but Bloomberg TV is about to break the story NBC left on the cutting room floor. On Tuesday March 13, 2007 Bloomberg TV will report on the phantom shares that destroy public confidence in our capital markets and destroy the future potentials of selective public companies.
As advertised:
Bloomberg Television premieres a half-hour Special Report called "Phantom Shares" on Tuesday, March 13, 2007 at 7:00pm, 9:00pm, and 10:00pm ET.
Millions of shares of stock are being sold that may not exist. How? Through an obscure trading strategy known as naked short selling. Bloomberg Television's Special Report hosted by Mike Schneider explains what the strategy is, how it's executed, which companies are targets, and what the SEC is trying to do to control it.
How well will our public markets exist to grow if regulators continue to allow such abuses to exist?
Watch this program carefully and understand what the regulators don’t want you to know. Understand how your investments are being manipulated by a system focused on protecting the wealth of the Wall Street Institutions and the professionals that control the institutions.
Dave Patch
11 Mar 2007, 10:04 PM EDT
Msg. 338340 of 338369
Jump to msg. #
From Dave Patch:
Friends,
The media started several years ago in their attempts at reporting the trading abuses of trade settlement failures and naked shorting abuses. It was Dateline that first spent hundreds of thousands of dollars and nearly 2 years documenting this market issue but as the air date got close the members of Wall Street and their high priced lobbyists increased the threats against the TV studio. Soon what started as a multi-part series that would be nearly 2-hours of data was reduced to a 15 minute fluff piece moderated by Ron Insana. This was to be Ron’s break out story but instead it became one NBC’s biggest acts or cowardice. NBC electing to ignore their responsibility to the public in order to appease the high powered members of Wall Street that can make or break their business future.
While, it may be nearly 2 years later but Bloomberg TV is about to break the story NBC left on the cutting room floor. On Tuesday March 13, 2007 Bloomberg TV will report on the phantom shares that destroy public confidence in our capital markets and destroy the future potentials of selective public companies.
As advertised:
Bloomberg Television premieres a half-hour Special Report called "Phantom Shares" on Tuesday, March 13, 2007 at 7:00pm, 9:00pm, and 10:00pm ET.
Millions of shares of stock are being sold that may not exist. How? Through an obscure trading strategy known as naked short selling. Bloomberg Television's Special Report hosted by Mike Schneider explains what the strategy is, how it's executed, which companies are targets, and what the SEC is trying to do to control it.
How well will our public markets exist to grow if regulators continue to allow such abuses to exist?
Watch this program carefully and understand what the regulators don’t want you to know. Understand how your investments are being manipulated by a system focused on protecting the wealth of the Wall Street Institutions and the professionals that control the institutions.
Dave Patch