Naked Short Sales Hint Fraud in Bringing Down Lehman (Update1)
While the commission’s Enforcement Complaint Center received about 5,000 complaints about naked short-selling from January 2007 to June 2008, none led to enforcement actions, according to a report filed yesterday by David Kotz, the agency’s inspector general.
1 comment:
Blah, blah, blah. Why is FTD only getting press when the target is a financial company? You couldn't fill a thimble with my faith in the system.
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