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.
Fannie Mae: Barnie Frank Goes Down On Moses,SEC Chris Cox Cries 'Naked Shorts' (tags)
Of particular interest to me although not the biggest part of the Fannie Mae Freddie Mac money laundering fraud is the lie told by the SEC Chairman and social parasite and war criminal Chris Cox that Fannie Mae,et.al. were 'naked shorted' a term made up by penny stock manipulators meaning 'counterfeitted' when Cox can't point to a single example and those who have run penny stock scams and pump and dump money laundering ops are in fact protected by him and so continue to lie about their criminal enterprises or public companies being 'naked shorted' because they are never punished !