Well, Lehman WAS NOT an options trading case...

Well, Lehman WAS NOT an options trading case...

it is a stock that was shorted (according to the company which had enough savvy about finance & markets that the execs should know)... just like hedge funds can short JBII.

http://www.senseoncents.com/2012/04/naked-sho...onspiracy/

Quote:

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Do readers recall Dick Fuld, then CEO of Lehman Brothers, railing against hedge funds that were attacking the once venerable firm by aggressively shorting its stock? Fuld maintained that these aggressors were engaged in a practice known as ‘naked short selling’ and that they brought Lehman to its knees in the process.

The last four years have brought us plenty of intrigue and innuendo about a host of illegal and illicit practices on and off Wall Street, but we have heard and seen little about this practice. Why? What questions need to be addressed on this topic?

1. How widespread was this practice?
2. Was the SEC totally ill-equipped or merely unwilling to address naked short selling?
3. Can the SEC go back and reconnect the dots to expose the practice and the practitioners? Will they?
4. Can the American public stomach the blatant assault on basic rules of capitalism?
5. Will naked short selling be another nail in the coffin of those who view Wall Street as a rigged game?
6. Might this all be about to change?

This topic clearly deserves front page coverage. I believe Wall Street, Washington, and the media controlled by both centers of power view this topic as too explosive....

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