Charles Schwab:Joseph Grundfest,Stanford University Law,defends SEC's McCarthy Tactics (tags)
While subpoenaing journalists directly was a "big mistake," says Stanford law professor Joseph Grundfest, "it shouldn't be surprising and it shouldn't disappoint anybody" that the agency is going after market participants' communications with journalists. "It would be a very strange world if people could be held liable for every lie they told except for the biggest lies they told to reporters," he(Joseph Grundfest,ex-SEC Commissioner and Stanford University law professor) adds.” Joseph Grundfest,Stanford University Law,defends SEC's Business Journalist McCarthyism & stock fraud
Utah Senator Bob Bennett,Overtock.con's Patrick Byrne,Tangled Up in Striptease Stock Scam (tags)
Interesting that the http://www.ncans.net 'naked short' penny stock mafia chose a strip joint or lap dance club in Las Vegas as its only address and now we find Steve Wark ex-Clark County Republican commissioner is connected to the fraud whose only known address is the Cheetah Club of Las Vegas,the only strip or lap dance club to my knowledge ever investigated, for whatever reason, under the Patriot Act.
California Dept. Corps:James Dale Davidson created the 'anti-naked short selling' scam (tags)
Although James Dale Davidson was for years a principal part of Agora Inc.of Baltimore,Maryland and around the world and 'cyberspace',he was also,if not the first to use the 'naked shorting' claim to divert attention away from his own illegal pump and dump of worthless penny stock shares,(and not even audited by the SEC in this day and age),he was the first to take the claim to new levels as an organised penny stock scam.And to use the fraudulent claim that 'certs' or paper certificates were the only way to protect your investments in penny stocks from evil 'naked short' sellers who did their evil by way of 'electronic counterfeitting' of shares.