Naked Short Lie:Steve Forbes Brings Economic Pornography To Wardlaw-Hartridge High School (tags)
The earliest usage for the term 'naked short selling' or 'naked shorting' I have been able to verify is from an email to the U.S. SEC IN 1999.No academic or securities professional ever used it previously and Patrick Byrne's NCANS representative gave the Cheetah Club lap dance club in Las Vegas' address when a website was opened for that fraud in 2004 or 2005.I believe that had a professional or academic coined a term for counterfeitting of shares it might have been 'negative short selling' but because it was creating by a Washington,D.C. mafia composed of social perverts 'naked' was the only thing they could come up with. And Steve Forbes gives new meaning to the word pervert.
South Carolina Governor Mark Sanford Lauds D.C. Money Launderer James Dale Davidson ! (tags)
'But his( South Carolina Governor Mark Sanford's)career took a dramatic turn after he heard James Dale Davidson, founder of the National Taxpayers Union, give what Sanford recalls as an "apocalyptic" speech about excessive government spending. Sanford decided to run for Congress, pledging to end the deficit, eschew pay hikes and serve only three terms.' - Dec 01, 2008 McClatchy-Tribune Information Services