jdoggydogg
Footballguy
A friend of mine e-mailed this to me. If you are interested in the stock market, this is pretty serious stuff:
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There is an interesting story developing regarding the U.S. Stock Market. A number of publicly traded companies are alleging that a group of conspirators (Hedge Funds, "Independent" Research Firms and crooked journalists) are working together to drive down the value of their stock and profiting by the declining share price. There is also some evidence that Regulators have been lax in enforcing rules which might help prevent this activity.
Time Magazine wrote about this last year:
http://www.time.com/time/insidebiz/article...1126706,00.html
60 Minutes is scheduled to air a report on this issue at 7 PM on Sunday. I encourage you to watch the show and ask yourself a simple question: If a group of thieves can profit by destroying a company's market value, and the regulators and journalists turn a blind eye, what can stand in the way of such fraud? I think the only answer is "Knowledge."
I've been following this issue for over a year and there is a lot of misinformation out there. I believe that if you look at the motivation for the parties that are involved and read between the lines you see a startling pattern of abuse and disregard for the public.
More info at http://thesanitycheck.com/
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There is an interesting story developing regarding the U.S. Stock Market. A number of publicly traded companies are alleging that a group of conspirators (Hedge Funds, "Independent" Research Firms and crooked journalists) are working together to drive down the value of their stock and profiting by the declining share price. There is also some evidence that Regulators have been lax in enforcing rules which might help prevent this activity.
Time Magazine wrote about this last year:
http://www.time.com/time/insidebiz/article...1126706,00.html
60 Minutes is scheduled to air a report on this issue at 7 PM on Sunday. I encourage you to watch the show and ask yourself a simple question: If a group of thieves can profit by destroying a company's market value, and the regulators and journalists turn a blind eye, what can stand in the way of such fraud? I think the only answer is "Knowledge."
I've been following this issue for over a year and there is a lot of misinformation out there. I believe that if you look at the motivation for the parties that are involved and read between the lines you see a startling pattern of abuse and disregard for the public.
More info at http://thesanitycheck.com/
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